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~~= t}Q27t~5 MORTGAGE
<br />Titis mortgage made and entered into chic _ 17th _ day of __ Tun~__
<br />19 ~=_, by and between CLarence W. Nielsen and Shirley J. Nielsen,
<br />Hasband and wife
<br />(her~naftet referred to a; mongagnt) snd Commrrciai National Bank and 'Trust Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an offi~r and place of business a! _ 424 w_ Third _ sreet in Grand Island,
<br />HaII County,. Nebraska.
<br />WrTtaES'~TH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hercbq ntor[gs~e, sell, grant, asvgn. and convey unto the mortg2- ~, its successors and assigns, all of the fol-
<br />Inwing described property s9[uated and being In the County of Hall
<br />State of Nebraska.
<br />Fraatic~nal lot Four (4} in Fracci~nal Blcr~k Three ;3),
<br />1io11ina Addition and it's ~mpliaeat in Fractional I,ot.
<br />Four f43. Practioral Black Seventeer. 1173 i. r. Wallich's
<br />Rdditian.
<br />together rrifh a3T the tenernatts and app¢rternnces thereto belongins. all tbrrcnts, issues and profits [hereof, and all
<br />eaaaaeats, cigLn. rtryalties, rrtitterai, oil and tas ritthta and profir3, want, water rights, and water stock, and including
<br />aU heatrni, i~n-l»a{. ttfngeration, iightittg, equipment and afl fixtures oC rvery description i~ckmginq to the
<br />mortgatsx now ar hereafter attached thereto yr used in conmcction with the premises herein descn#*ed and in addition
<br />thereto the tailowittg describedpropetties which are and shad he dtxmed to be fixtures and a part of the realty, and
<br />arc a prtrtiim of the sontriq for the indelxedrtess herein stated. ift none. state 'none"! `tone
<br />To have and to hdd thr sates onto the ;1onp~ec_ as herein provided-
<br />The motti+pr ix 1a+rfulh' wind and posxssed of and has the si~ftt to seH and convey sa;d proprrtr, that the
<br />same is free From all erttvtabraeees exaxpt as hereiriatwvc recited;. and- that Mortgagor covctmnts to warrant and
<br />defend the tick afaressid thereto and rvety port thereof atta;nst the clsims of all Persons whomsxver.
<br />Ttta- itutrttater-s a given to srtvre the payment of a promissory Wort dated ~3une ~ 7 ><qg,~ _
<br />is the prietipd stnm of S 4$. 7~0_Ot3 ,~_~~, signed by Clarence 'rt. Rie lsen ar;d Shirley S.
<br />inbeAatFof_ f3t~sae3vea _ _ ~~ ~_ _Pielse^
<br />aGw, atstwit ogee or Word mar from date to time ix rrtodifted, renewed or cxtrndcd in writing.
<br />to the es~t thtti~de to said real state o tramfined, or cantraceed ro be transferred, fsom she undersigtxd for any
<br />`eaf°a °t by raj' method whaespeva. the rntirc prirK7pa1 sum and accrued interest shall at once txtiornc due snd
<br />poyett0e at ttte ekci:ion of the holder itereof_ Failure to e~terrisc this op[ion because of transfer of title as above eaatcd
<br />kn ontinstara;e shailnot coratttutc a water of ttu ri~rt to exrrcist the Same in the event of any subse~ucnt transfer,
<br />t. 7'be rsortpltot caysnanw and aFrcas as fvllows_
<br />a: YQ prp~#Ptly pry the indrbtectness tvidt2tetd he ;aid prc~tni3spry' ntttr st tt;c timi5 and in the manner
<br />t4teren prt>riderl:
<br />tt. Tn tnty ail tsse~_ asscsYrneaus, water tales, and ettttr Kovernrt~nrai or ~ a ~ric'i;~31 charvc~ rnr<, ~ar
<br />irril>osltie'stts, fpt +k"4i~h ptovisinn #t~ ,tot tntuie hc~eiA~ore, nnel w:31 ptomprl~ ;ielSb-c-r tae ~~i t,~;xi r..-rre?~,
<br />aricrt~fcx tr+ [txt ~;d rntx t g7tgtt.
<br />:. -I~o r~~ ~+sc~tx ~~i.a%Cn3cs ant! r.;~y :t_ :~xy he ?ec ~rre~i in rfx ~xni t:ns sa@ ,naitr.~~ssatt _.~ aiJ i~r:~{RrI~.,
<br />:ats3w?an,~FEhx `ecs of any aiiarnct cr7p?crycst t;y tfae ma~rt~agw,c fir ~ni ,, rottci;.:i.~o .tav :_. i ;t,r !ncfc'r~tcan<~,~,
<br />~etC~'r~ ,~-u~^ d -~+t frrt~lvssr=r bc~ mi;rtgugct""'.a safe. .:irur€ n ~.~.. it~k r i;i a. .. _ ~_ _,u
<br />•• err
<br />_ t._.k :-:•dir~:.
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