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<br />'£his margage made and entered ictto this' ~ t~h _ day of an yarn ,
<br />s'J_S?~__., by and between Fcx-Stalker- investments
<br />(hereinafter referred to=as mortgagor) and Cotttmercial National Bank and Trust Company
<br />(hereinafterrefetred to as
<br />rttortgagixj, wi1¢ ma'crtans an: office and place of bsesiness at 924' W. Third street is Grand Island,
<br />Hall Cot:nty, Nebraska
<br />W;t°tsFaserH; that far`the coflsideration'hereinafter stated, receipt. of which is hereby acknowledged, the mortgagor
<br />doa trercby mu!'tgage sell,: grant, assign,. and coavey unto the mortgagee, its successors. and assigns, all off'the fol-
<br />lovring d.~scribed property situated and being in the County of Hall
<br />State of :Yebaska
<br />Lot Thirty-'Pwo (32) plus he South. 12.56~~et of I,ot
<br />Twenty-Nine: f29) of Lafayette Park Subdivision, City
<br />of Grand Zsand, Hall County, Nebraska
<br />togother with?all the tenements and. appurtenances thereto belonging, all the rents, issues aad profits: ahet•eof, and all
<br />easements; tights, royalties, mineral; oil and gas rights aced profits, water, water rights, and water stock, and including
<br />all heating, ptumbittg refrigeration, lighting,. equipment and all frxtures' of every description belonging. to the
<br />mortgagor now or hereafter>attachec thereto or used in connection with the premises hocein described and in addition.
<br />thereto the fotiowing.desctibed properties which are and shall be deemed to be fixtures and a part of the realty, and
<br />are a portion of thesecurity'for theindobtedness heroin stated. (lf none. state "none") None
<br />T.o have and to heed rite: same unto-the Mortgagee, as herein provided:
<br />The mortgagar is lawfulig seized and possessed of'and-has the: right to sell'and convey said property; that the
<br />same is free from ail encumbrances except. as> hereinabove recited; and that Mortgagor c¢venants to warrant and
<br />defend the title afaresaid thereto and.every part theroof against the claims of allporsons whomsoever.
<br />This instrument is given ro secure the paytntai of a promissory note dated January 2€t, .1982.
<br />in the prindpal ;um of 5 46. oro. ~o ,signed. by Charles: E. Fox>.and Harry C_ Stalker
<br />in behalf of Fox-Stalker Investments
<br />aL;o, as such ,wee or notes :ruts Pram tithe to dme be modified, renewed- or extended'in writing.
<br />In the event fire title to said real estate is transferred, or rantraaed to be transferred, from. the undersigned for any
<br />reason or by a.-ty rnethed whatsoever, the ;entire pritteipal sum and.: accrued :interest. shall at once become due and
<br />payable at the election of !be hatder hereof. Failure to exercise this :option because of transfer of title as above stated
<br />iti oncinstartce sitali not constitutea waiverof the rigltt to eXerClSe ttte•samein thC. event of any subsequent. transfer.
<br />1. The mortgagor covenant; arttl agrees as foloa!s: `
<br />a. To promptly pay *.hc in•.icbtedncss evcdettced by said prortrissoty ante of the times and in the manner
<br />tlterPin provided,
<br />tr; To pay ail taxes. assessnyeacts, water rates, and other governmental or municipal efiarges, fines. or
<br />irrrpusitirrrs, !or which provisiacr leas, not beentnade hereinbeforc, art will promptly deliver the affc`tal ripts
<br />t}rrrcfor to t:re said nxcirt_~agee.
<br />~- r'R ~a ~ ,uc,t e~t+ean€a arrsi 'ies as ra+ay bo Ettcurred 'n [Ter proteaYion and tuaintonance of chid prt~scrty,
<br />irr~ing tt;r fees ~7f ar, at..,rneyern~3ovev by the mortgagee far siroe coiicCiion tai any ur all of the indebtedness
<br />r•~scbv sr~~;reil, :.r ;:~rc~ .~sc~ce h} ttttartittgee'< ±,sle, ur cu~~rf r~rocerciirtfes, ter iat env outer iiti~at;ion err ltrt~:cedint
<br />,ti.e~.c~n~_:ea1 p~rt~t,~X~ty-
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