|
~~~
<br />~2,.~~,~~1"~
<br />This mortyeage rriadr and ztttered nro this _ 28th day of January
<br />I9~?32 , by and between
<br />Fox-Stalker Investments
<br />;hsv'einafier referred to as ittortuagor) and' Commerciak'NaCtanal Bank and Trust Company
<br />(hereinafter referred to as
<br />mortgagcc}, who maintains an"office and place of business at ~g~ Third serest in Grand Island;
<br />Hail County, Nchraska
<br />Wrrrvi=SSF?'H, that £br the coasideratian:hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does lxreby mongagc, sell, grant,: assign,. and convey unto the mortgagee,: its successors and assigns, all of Lhe fol-
<br />.towing described p: aperty sitaated and'being: in the County of Hall
<br />State of Nebraska.
<br />Lot Thirty-Three C33} plus the South 12.56 Feet of Lot
<br />T'twenty-Eight (28), Lafayette Park Subdivision, City of
<br />Gland Island, Hall County, Nebraska
<br />together-with all'the tenements and appurtenances thereto belonging, ail the cents, issues and profits thereof, and all
<br />easemwrrts rights, royalties, tniaerat, ail and-gas rights and. profits, water, water rights, and water-stock, and including
<br />all': heating;.. plumbing, refrigerarion, fighting, equipment and all fixtures of every description belonging to the
<br />mortgagar now or hereafter attached thereto or used in cannettion svitla the premises herein described and in addition
<br />thereto the-following-described properties which are and shaft be deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for ehrindcbted~ess hereinstatedo {If none, state "none"j None
<br />Ta have and to hold the same unto the Mortgagee, as herein provided:
<br />'Phe mortgagor is lawtulty.seized'and possessed of and leas the rtght to seH and convey said property; that the
<br />same is free from all rrtcumbranse5 extxpt as hereinabove recited; and that. Mortgagor covenants to warrant and
<br />defend the title a€oresatd thereto alai every-part therea~f against the ttairns of all persons whomsoever.
<br />This instrument is given;to secure;the payment of a: promissory note dated Ianua~v 28,_1982
<br />in the prncipal sum of $ 4_~:.dSl.$}a~6 ,signed by Charles E. Fox and Harry C. Stalker
<br />in bcftaIf of Fox-Stalker Investments
<br />a:so, as lath note or notrs tnay fraatn time to time be modified, renewed or extended in writing.
<br />In the evens the titk to said rea4 estate-is tratisferred, or Contracted to be etansffeired, from. the undersigned for any
<br />rtasan or by any method whatsoever, the entire pritscipal sum and accrued interest shall at once become due and
<br />payable at the elcctdon of the holder hereof. Failure to exgreise this, option because of transfer of urte as above stated
<br />tr= ~r+e .rst«sri~ 5:,a11 ttvt ~otutirutc a waiver of tile. right to exercise the same in the evettt of any supsequent transfer.
<br />1. The mortgagor tovenattts and agrec$ a5 foUotvs:
<br />a. 7'o promptly pay the indrbn:slta;ss evidenced by said' protttissory note at the times and in the. manner
<br />therein pzov?ded.
<br />b. Ta pay all taxes, ass~ssanrnts« mater rates. and other gaverntnental or municipal charges, tines, or
<br />=tn;.*asi:eatLS. for wtsitn ;xovisxan lies nor been made d~ercinbefore. and will promptly deliver the oftsciat receipts
<br />t?acrzfar to the said rno,tgagee.
<br />c. Tn tom? r:esCit rxpcr.>es and-fee< :~~ m.a, '4 :sttt„rrrd itt thz protection and rnaintrnatrcr at .:aid 9?rot>rrtw.
<br />isiciax~ing the sre~ c+t sn~ a;t~?rtt~~ zntplavsd hs 7qt z*,3crr~3~er fair thc:.c>itec~tiou oi'any os ati of the iatdebtstiine3s
<br />,r.catte s~ i'a.c+1, :rt ~ c,:3<<tue hs~ n}. drkss:~+., s,air, ter c , ~ ifr~;;eettit9~, ~n in attw anther litigatic~rtt car I3rcucctlitt~
<br />a~ ir, t,a~ s~~:! l':r,:; Sri ~.
<br />
|