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M+OR'~~-AtGE
<br />82- t~Ci2`?98
<br />This mortgage made and entered into this _-- 30th ---_ day of __-- dune ----------.
<br />l4.~~_, by and between Ibdney E. Brown, A Single Person
<br />{hnrinafter referred to as mortgagor) and Commercial isiationa] Bank and Trust Company
<br />!hereinarter referred to as
<br />mortgagee), who maintains an office and Tact of business at __424 W. Third St. _ ;tree! in Grand Island,
<br />Nall County, Nebraska. ~ ~~
<br />Wtl7~S5ErH, tt+at for tlx considtratian hcreinafrer stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby ttwrtgaRe. sell, grant, assign, and con+:cy unto the me Sagee, ire sucxssors and assigns, all of the fol-
<br />towitta descrt~ed prope7ty situated and bona in the County of tia11
<br />State of Ntbnsfca:
<br />Iot 2W j2) , Lucas A3diticr_, CiCy of
<br />Grand Island, Efa11 t;ounty, Nebraska
<br />to6ethtr with all else trnements and aMsurtenarxes thereto belonging, ail ter rents, issues and , ro(i[s thereof, and a[I
<br />t'l:ements. tights, royalties, miaerti, oiI and gax rights arKl profits, water,wattr rights, and water stock, and including
<br />all heutng, t~umbiry4„ rdrigerarion, lighting, equipment ar+d all Ctxwres of escry description t+elonging to [hr.
<br />mortgagor nOw or htteafter attached thereto ur use0 in cottnaticn with the premises herein dtticrilxd and in addition
<br />therclo ttte fOllowirit described propcrtirs which arc and shall be dectrtct7 ro be fixtures and a pati o; the realty, and
<br />arc a por80rt of the security for the indcbtednesc herein stated. (If none. start "none"~ None
<br />To have s~ :;, hold the stmt unto the Mongagtc, as herein provided:
<br />The tnortits<or is lawfully sized and .possessed of and has the right to sell and convey said property: that !hc
<br />same. is free from all erxvmbrances except as hereinalro.c recited; and [hat 4iartgagor covenants to :warrant and
<br />defttad the title aforesaid thucto and every part chcreof against the claims of atl persons whamscxver.
<br />This instrumettt is gis•en to strum the payment o(a promissory ncuc dated ?urte 3or 1982
<br />In Iht t~'int'ipal sum of S 39. 1Ifi, 20 ~ si ncd tbdltey E. Brown ~--~---~--~----
<br />in behalf oC hiaself ---------'-
<br />also, u such note or notes may from time to time tx ttrodifiai, renewed or cxttndcd in writing.
<br />In the twat the utk ro said real estate is transferred, or contracted to be transt.^,rred, from ;ht urdenigtttd for any
<br />reasoa ~ b?' aFY method wlutsoever, the .ntirc pnncipai sum and accrued interest shalt at Dace becornc d~!e .cad
<br />i~yable at dx tiertion of the holder hucu(. Failure to exercise this option because of transfer of title a; above sated
<br />tnone ersstanee sbaH acct constitute a waivM of the right to exercise t3te same in the event of any subsc~uenc ttanster.
<br />1. Tke ztiuetiator rnveaants and agrees as foilaws:
<br />a. Tszpromptly pay the 4ndebtedge5g --.~den;cd fay said promissory noec a[ thg nine; anti itt i;tc mar+ncr
<br />therein provided.
<br />tt. To pay aft ;ants, assessments, wafer rates, and ptkter govcr:tnientai or :ntzn(u~! cb,ucc,, t'i+;cs, .,r
<br />drCpositions, far w~hieh pros~s~on has no: a made hrrcintxforc, atxi will. promptly deliver the r .irt,tl ic^~ ,; :.
<br />?httg(isi to the xaid snort?~er.
<br />r..Fo pay suc;~ expen.-et end fres ~, rna}- he i3u-ur-cd en the y~ru a t~T: ~ i~ t+ta n..c ~r c.. + f c ~.r ,, t~..
<br />irfCEu4i~ the fcc; of eny attorney ~mptovrct by the r;tort~agre for the _ol+r.-tro of ,..; ~ ill .n ~! , ,.iette~'nc,>
<br />ltrcefey ~^-,tsrr~. of EutCC?csurr Y+p stu>rt~a~cfi'c s;~+• qt ~tinrt , r ~.e~dS of :. + ,s ,.~...~
<br />afitctinK +a.<3 priyr~.•t3, - ~ •`_•~~
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