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<br />r <br /> <br />, ~ ~ {}, <br /> <br />-}MORTGAGE <br /> <br />84 - 005670 <br /> <br />r <br /> <br />_ This mortgageniadeandentered.into this 26th day of October <br />19~, by and betWeen ~nnie 1. & Therese'N, Logan, Husband & Wife <br /> <br />(bereinaft.-rilfemt1 to as mongagor)and NortbwestNati9nalBilnk <br /> <br />Lot~, Platte View Subdivis1on~ Hall <br /> <br /> <br />mortgagee), who maintains an office and place of business at 2008' N W~hh l1i\'1<J <br />HallCounty, Nebraska, <br /> <br />Wii'rt~ni, that for the cor.sideration hereinafter -stated, <br /> <br />does hereby mortgage, sen, gI'Illll, assign, and convey unto <br />lowing described property situated and being in theCorinty of <br />State of Nebraska, <br /> <br />together with all the tenements and appurt.enanccs thereto belonging. aU the rents, issUes andprofitstllillfeef,w.aJti- <br />easetm:nts, rights, royalties, mineral. oil and tas rights and profits, water. water ri&hts, ao(twaterstedt.:~.' <br />aU heating, plumbing, refrigeration, lighting. equipment and all fixtUres of evf:fY' descriplion'~itO-~._u <br />mortgagor now or hereafteT attached thereto or used in conneetion witbthe premises-hemnde&eribed_iil.'lk~-. <br />thereto the following described properties which are and shall be deemed to be fixtures and a part of lhe rea!ty.ati!l- <br />are a portion of the security for the indebtedness herein slated. (If none. state "none") <br /> <br />To have and to hold the same unto Ihe Mortgagee. as herein provided: <br /> <br /> <br />The mortgagor is lawfully seized and possessed of and has the ripllo selland convey saill:ptO_YF_'Ult <br />same is free from all encumbrances e.~~t as hereinabove reciled; and that M~~.tawammt___ <br />~J~iiJ ih{; iii:~ Gfvl~l\i iilClciv ami C'~J;lY JJad itKrcuI apiruil the dalms 01 aU pcnUIl5 WRolltiOCVcr. <br /> <br />in the principal SlUll of S 14.000 00 <br />in behalf of tnelllselves <br /> <br />This instrument is given 10 secure the payment of a promissory oote dated October 26. 1_ <br />, signed by Lonl1ieL. & Therese, M, La.n <br />H_bend ~ Wife <br /> <br />also. as such note or notes may from time to lime be modified. renewed or extended in writina. <br /> <br />In the event tile title to said real estate is transferred, or contracted 10 be transferred. from the undersiped for any <br />~ o;-lrf any method whatsoever. the entire principal SIlll1 and seemed inte-rest shall III once' becQme dINt and <br />payable at the election of the holdt; hereof, Failure to exercise this option because of tl'llll$fer of title as above stated <br />in 0l1Cl instaD\:C shall not constitute a waiver of the ~t to exercise the same in the event.of any subsequent.tl'llll$fer. <br /> <br />I. The mort&lIaor covenants and agrees as follows: <br /> <br />a. To p(omptly pay the indebtedness evidenced by said promissory note at the limes and in Ihe manner <br />tberein provided. <br /> <br />L <br /> <br />b, To I'&y all tues. assessments. water rates, and other governmental or municipal chal1les, flnes, or <br />i\U1K>>lIions. for which provision has I\Qt been made heleinbefore. and will pr<lmptly deliver the offidal receipts <br />t~rdQr 10 the 'laid mortsall~, <br /> <br />c. To pay such ~~pen!lel\ and f_ as may be incurred in the protection and maintenance of said "rot",ny. <br />illdudina the foelf of any attorney employed by tbt mortr.1llI<< for the collection "I' any or all ,<\1' lite imkbtedne~' <br />~eb~ s<<u~ed~ or fored~ure by m()rt~~s ~. (lr rOH'~ f'-f~~!ng!'~ t.\t !!l anY t~!~~r hti~~\HtJn ,~r iH'(:x.~~i"'..hH& <br />aff~!nJ S-at".:.t propeu)", <br />~iG$ <br />