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<br />$2=~~lGQ~$~
<br />'this rttortgage mailcahd entered into this 12th ~ day of ~ ~'abruary
<br />l~ s2 sy)°attd betwcen William L. Hakanson and Donna Hakanson, husband
<br />and Giife
<br />(hereinafter refetre9 to as mortgagor) and Commercia['National Bank and Trust Company
<br />(hereinafter referred'-to'as
<br />mortgagee), who maintains an office and place of business at 424 w. Triird street in Geand:'lsland,
<br />Hali'Caumiy, Nebraska.
<br />WfFtyFSSEi7tl,-that #`ot the consideration hereinafter stated,. receipt. of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, seA, grant, assign, and convey unto the mortgagee, Sts successors and assigns, all of the fol-
<br />lowing described property situated and-bring in the County of Hall
<br />State of klebraska.
<br />Lot Eleven (11D, in Block Seven (7), of Hann's Third
<br />Addition to the. City of Grand Island, Hail Cotutity,
<br />Nebraska
<br />together with alE the tenements and appurtenances thereto belonging, ai! the rents, issues and profits thereof, and ail
<br />easements, rights, royaleies, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />ells heating; plumbing; refrigeration, lighting, equipment and alt fxtures of every description belonging to the
<br />mortgagor now ar hereafter a[tached'Yhereto or used in connection with the premises herein described and in addition
<br />thereto the following described. properties which are and shall be deemed to be fixtures and a part of the realty, and
<br />area. portion of the security far ehe indebtedness herein stated. (If none, state "none'") None
<br />To have and to hold+the same unto the Mortgagee, as herein provided:
<br />The mortgagor: is: Lawfully seized. and possessed of and has the right to sell and convey said property- that the
<br />same is free from elf encumbrances except as hereinabove recited; and that Mortgagor covenaets to warrant and
<br />defend the titleaforesaid theretoand.every part thereof against the claims of ali persons whomsoever.
<br />This instrument is given to-secure the payment of a promissory note dated >'Pt,r,,ary~ 7982_ _
<br />in the principal ;um of $__ $•Q~O.®0 ,signed by William L. Hakanson and Donna
<br />in behalf of themselves. Ha anson
<br />also, as such note or notes;may.from time to time be modified, renewed or extended in writing.
<br />In the event the title to said real estate istragsferred, or contracted to be transferred, from the undersigned for any
<br />reason or by any method whatsoever, the entire principal sum and accrued. interest shad at once become due and
<br />payable at the election: of the holder hereof; Failure to exercise this option because of transfer of title as above stated
<br />,,, .,,~~ ,.,>,a~r~e siiaS nor canst=trite. a waiver' of the rtgni to exerctse tl5et same to-ih2 event of ary sir`Vscttuctti uansfer.
<br />1. The mortgagor covenants and agrees,asfollaws:
<br />u. To promptly pay the indebtedness evidenced by said promissory note at the times and in the manner
<br />therein provided.
<br />b. "i'o pay all sexes, assessments, water races, and other gavern_mental or mr!nicnpal charges, i'inas, or
<br />impo~rtions, for rshieh provision has not been made hereinbefore, and will promptly deliver the affrciai receipts
<br />thcref~r to she said mortgagee,
<br />:: ~'e n„v .aclr txpens~; arrd fees as may be incurred in the prcrtect[on asx! main:enancc uf' card prop4rt4,
<br />in~ft:ding the `r-s of anp attorney employed blf the,. morigagee for fire tollecuott of env e)r alt of rite irtdebtedncss
<br />hcrrhv ~t.~red, yr !~rrselCrsure by mtarEyrgee's Bale, or court proceeding, r)r in ;tny other Eiti+2xtian ,zr ~~rc>~•cedink
<br />rrie.r;:cg seat! %:,+aixrtl'.
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