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<br />MORTGAGE
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<br />,~) :'~!:":<,~!;J ~
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<br />84 -00386B
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<br />mortgagee), who maintains an office and place of business at 7008- No Wphh -RoAd
<br />Hall Counly, Nebraska,
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<br />(herema.fter rete~ 'to as
<br />.. _ street'inGi:and',lsland,
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<br />This mortgage made and entered into this 11~h day of --..July
<br />19.J!L. by and between Michael C. Divis and Nolleen R. Divis, husband and wife,
<br />as joint tenants with right of survivorship and not as tenants in common,
<br />(hereinafter referred to as mortgagor) and Northwest National Bank
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<br />WITNESSETH. that for the consideration hercinafter stated, receipt of which is hereby aclmowled~;themO~9r
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors lUld'asSigns',lIllof tbiH()j-
<br />lowing described propeny situated and being in Ihe County of Hall
<br />State of Nebraska.
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<br />!~t Twenty Two (22), in the R & B Subdivision
<br />in Hall Count y, Nebraska
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<br />together with all the tenements and appurtenances thereto belonging. all the rents. issues and profits lhereof, and all
<br />easements, righls, royalties, minerai, oil and ga, fights and profits, water, waler ri!lhts. and water stOl:K, and includillg
<br />all healing, plumbing. refri~"'ratlon. hghting, equipment and all fixtures of every descriplion belongillg to'the
<br />mortgagor nuw or here-after attached thereto Df used in conne>:tion w!th the I-'femi~es herein described and'in addidon
<br />therelo the followmg desCribed propertie, which are and shaH be deemcd to be fixtures and a pari of the realty, and,
<br />ate ~l ponion of !he security f..)t the Indebtedness herein stated, (If none. state Hnonet1)
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<br />fo have and to hold rhe Sallle unlo lhe Mongag"", a, herein provided:
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<br />The mortgagor" lawfully ",i,cd and l>o"e;,ed of and has the right to ,ell and convey said property; that the
<br />same is iree from all encumbranl~' except a, heremab<.we recited; and that Mortgagor covenants to warrant and
<br />defend the lltle afore>allJ therew and every part thereof againsllhe claims of all per~ons whomsoever,
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<br />This in>lrurnem is given to secure the payment ,)1 a promissory note daled __.__}1!lul..._l~___.._____
<br />in the priru:ipal sum of $8..l?QQ.L.DlL............__....._.__..., signed by J1i.chaeL.C....JLliall.epn Divis
<br />in behalf of . ... tll~1Il2".!"".L _. __..____.._.,.
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<br />al~o, as such nole or nOtes may from time 10 lime he modified, renewed or extended in writing,
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<br />In the event tbe title to said real eslate is transferred. or conlraCted to he iransFerred. from the undersigned for any
<br />reason or by any 111elhod whatsoever, the entire principal sum and accrued imeresl shall at once become due and
<br />payable at the election of the holder heroof. Failure to exercise this option be.:ause of transFer of title as above staled
<br />m one instan.:e sballnol <t>n>Utu\e a waiver oltbe ngbt to exerCise the same III toe event of any subsequent transfer.
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<br />I, Ttu. mongagor "wellants and agr...' as follows:
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<br />a~ To pft"\lnpdy pay the indebtedness evidenced by \ald pJOnH~ory Hote .It the tim("~ and in th~ manner
<br />therein provWed,
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<br />0., To l"-Y aU !3",t'~. a\"'n~..SIll{'nh, Waltr tah.~, and tHher g(.veflHn~ntal '_\I muJth::ipai dlar8e~. fme;<l-, ,\j
<br />inlJlo~itioa~. fot' Whh:h pn,}\"lliioH ha!< not Pt'en made hert'lOb-:forc-, aHo \.qll prnmpli~' dehver tht' offh'I;;\1 rt.'(l,.'lph
<br />therefor !P, thr- \ald mt....Hlg<1.Ltet'.
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<br />Tv pa) o;.\i\;n t'\J)('nK:~ MlO ,.C('~ ,\\ mal he llKlH'fro '!O the- pf\.Hc(li'(~n .w\.i ma!tHC'n~\lh':'(' fIr ,,~ud PIIljX'"l 1\ ,
<br />lru.1udin, th( '<en of ilny attorney emp.oyeJ by the Illongagee fnr rht! (-vH~\."th.\n of ;HI\ 'I" dB ot lhe ilH1cbt{~dnt''\\
<br />nt-fen)' ",C\..l.,Ht~\.L III ff}fe~.J'-lI,-'Ul"(" h.. :l1,,}n~aJil;Ct~',;, "air, It '.'PHi!. pnx't'~dHljo;\,. ('!'t ,fj ;lnl, .'!h;~! l1n,'tHlH..'H ,\[ )'f\'\-'..t't^d\fh
<br />A-fff.\,;Hn~ ,"~J\.l ph;J~)t'tH
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