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. This mortgage madr'and etitered into-this ~~~~ day of Januar T~_,
<br />i9__g? , 1"y and between Hang W. Nicks, An Inevidual
<br />thereinafter referred to as mortgagor) and Cbtnmereial't~lati+onSl Bank and Trust Company
<br />(hereinafter referred`ta as
<br />mart3agee?. who maintains an office and place of business ae _ 924 W. Third _ street in Grand Island,
<br />Hall county, Nebraska.
<br />WtT[vcs5ETkt, chat far ttte consideration hereinafter staeed, receipt of which is hereby acknowledged; the mortgagor
<br />does hereby mortgage, sell; $ractt, assign, and convey unto the mortgagee, its successors and. assigns, all of the fol-
<br />lowing described property scuated'and being in the County of Hall
<br />State of Nebraska.
<br />Fractional lots 5, 6, and `1 in Fractional Block
<br />35, in Parker ana Ban's Second Addition. to the
<br />City of Grand Island, Hall County, Nebraska
<br />together with ail'the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all
<br />easements, r_ghts, royalties, mineral, ail and gas rights and profits, water, water rights, and water stack, and including...
<br />all hcatittg; ptumbttg, refrigeaaton, lighting, equipment and ail fixtures of every description belonging to the
<br />mortgagor no`w oc hereafter aitached thereto or used in contteetion with the peemises hereia described and in addition
<br />thereto the tollowing d2seribetl properties which are and shall be deemed to be fixtures and a part of the realty, and
<br />are a;pottian of *ltesea'7arity tar the indebtedness herein stated. IIf none; state.«`none"}
<br />Ta hawe and to hodd?the carne untq the tirlortgagee, as herein provided:
<br />The mortgagor is lawfully seized-and possessed. of-and. has the>right ro sell andcan>•ey said; property; that the
<br />;atne is free- from all encumbrances excegt as hereinabove recited; and that h4orcgagor covenants to warrant and
<br />defend the title afarctaid„thereto and every part thereof against the claims of all persons whomsoever.
<br />This instrt3rt~ent i given to >~:ure the pavtnettt af'a promissory note doled 3,3,7111ary 29~ 1952
<br />in the principal sum of 5T_. d5, 000.00' ,signed.°by HarrY' W. bucks _-_
<br />in behalf of _. ~i Cka rand e T7.:1 ~~. ~. ~.
<br />also. as such note or'nates tray from time to time be modified, retx:wed ar extended in writing.
<br />in the even[ the tine tasaid real estate is transfet~red, or can[racted to be transferred, from the undersigned: far any
<br />reaan er by any raethad whatscxwer, the entice principal stun and accrued interest shall at once become due and.
<br />payable at .the election of the huidee hereof. Failure to exercise this,optian because of transfer of title as above stated.
<br />in one instance sh.ul not : onstiute a Katver of the right to exercise tine same in lire eve~et va` axy stibs~u2 , ,o a=sfer.
<br />k. The mortgagor covenant> end agrees a;.foltowst
<br />a. is promptly f+z+ tkse indebtein~s evidenced by said pratnissory Hate at the times and in the mantter
<br />t}~,crein pro+ided.
<br />h. i'c~ aa~r sit takr,, as>,~smettts, water rates, and other ~,averurrsental ar munici{ial charges, Firtcs, =?r
<br />smtx,4ttivrt~., fcr «-kticy rtv~:;siOn has Hat bcea made hereircbeface,. and. will.:prantpcly dchver the official receipt.
<br />~herc;fe~ ,_ ei.e ~iid ^~c,rt~a_:ec-
<br />,- fv t~:ae _:,~h e , ..:. s ~u ~__, _s ma} !ae inru~rec! ,a the pratecai+srt and stk3.lnt.ru:c: -: r( ,,atd ,~rc~kn ,~
<br />initaslutg ;hc t_i~ t.t ar. u±tare. crop{Dyed >«c t'tv m:zrlgtrc fur %itt .allesaian of nrry ;e`i ni .~ r~:iieb,~it~~~>.
<br />";t,. 4 ........ ~ - ~-i ~ ._.tLti I:r•'~d....~ ,.~~, i._ _- art. ~ ., ~ ..7it .2n1 ~i!~. n.,~ ._ ..._.-
<br />~fl '-'i~r w. ~ y ..
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