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<br />g~~' i.t s ~ 3 ~ <~ li~IC~IZTGAGE
<br />This mortgage made and entered into this 6th day of August
<br />. ~ 19 82 _, by and between Guy H. Frederikaen, a single person
<br />(hereinafter referred to as mortgagor) and;Cammereial Nanonal Bank and Trust Company
<br />(hereinafter referred to as
<br />.mortgagee), who maintains an office and place of'business at 424 West 3rd street iniGrand island,
<br />Hal] County, Nebraska.
<br />WtTNasseTtt, that for the consideration h+;rctnafter stated, receipt of which is hereby acknowledged,-.the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto [he mortgagee, its successors and assigns;; all of the fol-
<br />iowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />Part_ of Lot Six (6), Norwood Subdivision as folaows: Corntttencing
<br />at a point 440' East of the Northwest Corner (NW) of I,ot SiY {6)
<br />Norwood Subdivision; a part of the West Half (W'o)`of the North-
<br />west. Quarter(NW,) of Section Ten (10), Township Eleven (11) 1Vorth,
<br />Range Nine (9), West of the Sixth P.M., Thence.East 218', 'Thence
<br />South 180', Thence west 218.', Thence North 180' to the place of
<br />beginning, all in Hall County,. Nebraska.
<br />together with all the tenements and appurtenances tF.ereto belonging, all the rents, issues and' profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights attd profits, water," v,.ter .rgMs, and wa er stoc;t, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging'fo he
<br />mortgagor now or hereafter attached thercte pr used.in connection with the premises herein described and in addition
<br />thereto the following described properties which are and shall be deemed o be fixtures and'a part of the realty; and
<br />are a portion of the security for the indebtedness herein stated. (tf 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 setland convey-said property; thar [he
<br />same is free from all encumbrances except as hereintibove recited; and ltat Mortgagor covenants to warranty and
<br />defend the title aforesaid thereto and every part thereof againstthe claims. of all persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note da[ August" 6, 1982
<br />in the principal sum of $ 13 300.00 signed vy. Guy H. F=e erg en
<br />in behalf of TiuttseTf
<br />also, as such note or notes may from time to time be modified,;renewed or extended in writing.
<br />lu the event the title to said ral estate is transferred, or contracted to be transferred, from the undersigned foc any
<br />reason or by any method whatsoever, the entire prinapal'sum and accrued icterest shall at ante-become due and.
<br />payable at the election of the holder hereof. Failure iv exercise.-this option because of vansfer of title as abdvestated
<br />in one instance shall not constitute a waiver of the right to exercise the same in [he event at any subsegrient transfer:
<br />1. The mortgagor covenants and agrees as Follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory note at tite rimes and Sri the marine?
<br />therein provided.
<br />b. To pay al! taxes, assessments, water rates, and other governmental: or municipal charges, fines;- or
<br />impositions, for which provision has not been made hereinbefore, and wilipromptiy deliver the official receipts
<br />therefor to the said mortgagee.
<br />c. S'o pay such expenses and fees as maybe incurred in the protection and maintenance of said property,
<br />including the fees of any attorney employed by he mortgagee for the coliecti~n of any dr all of the indehtedness
<br />hereby secured, or fgreciosetre by mortgagee's sale, or-court proceedings, or in arty ether litigation yr proceeding
<br />affecting said property.
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