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<br />~2--~~4a39~~ MORTGAGE
<br />This mortgage made and entered into this __ 7th d,~, tip S~tember _
<br />- 1 t9__ 82 ,bv and between N}'al Rowse and Gloria J. Rowse, t:usbar_d ,and wife-, joint tenants
<br />with rig?i*_s of survivorship
<br />(.hereinafter referred b as mortgagor) and Commercial National Bank and Trust Company
<br />(hereinafter referred to as
<br />mortgageel, whomaintains an of£ce and place cf business at _ X24 West 3rd street in Grand Island,
<br />Hall County, !Yebraska.
<br />'oVtS?i~55ETH, that For the cOnsideran0<t hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, alt of the fol-
<br />lowing described proper(}~ situated and being in the County Of Aa11
<br />State of Nebraska.
<br />hot Three ("s) in Block Two (2) in :~osda Subdivision, part of the Southeast
<br />Quartez of the Northeast Quarter (SF_.$N$~r) of Section laentp-Three (23), i..
<br />Township Elever. (Il) North, Range Tem.(10) West,of the uth P..•!., Hall County,
<br />Nebraska
<br />t©gelhtr_wilY: all tht ternments and appurtenancc3 thereto brlongine, all the rents, issues and profits thereof, and all
<br />tASements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />all nearing, plumbing, refrigeration, lighting, equipment and elf fixtures of every dcsaiption belonging to the
<br />mortgagor now or hereafter attached thereto or used in connection with the premises herein described and in addition
<br />thereto the following described properties which are and shall be deemed t0 be Fixtures and a pea of the realty, and
<br />are a portion Of the security for the indebtedness herein staled. ((f none, state "none") None
<br />To have and to hold the carne unto the Mortgagee, as herein provided:
<br />The mortgagor is lawfully seized sod possessed of and has the right to se,i and convey said property; that the
<br />same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend [he title aforesaid therero and every part thereof against the claims of al. persons whomsoever.
<br />This instrument is given to secure the payment of a promisson' note dated =aptember 7, 1982 ______
<br />in the principal sum Of S 34,000.00 __, signed by '~Ya? ~ Gloria J. kowse ~-
<br />in behalf of - themselves ------- -------_-
<br />also, as such note or ncxcs rtiy from time to time be modified, ,-enewed er extended in writing.
<br />In-the event the title to said real estate is transferred, or contracted to be uan:,ferred, from tfre undersigned for nay
<br />reason or by ant- method wtutscxs~er, the entire principal sum and accrued interest shall at once become due and
<br />p~yabte at the election of the hoidu hereof, Fa[iure to exenise this option because of trar.;ter of title as abOVC :,rated
<br />in Opt instance shat: not cozLStitute a waiver Of the sight to exercise the same ir. the event of any subsir,trz_nt !rausCer,
<br />1. The mortgagor covenants and agrees as follows:
<br />a_ Ta promptty pay the lode-L+tedness e.idenced by ;,aid promissorj Hate zr. tite eme; and in ;hc rt.amur
<br />therein l~ro~rided.
<br />b- T"O pas all taxis, a~cessntents, water 'a(ec. and other ec~errunentat o; menu p i h:a4c-, ,ioc=, ,r
<br />urpO it-ors, t«r wht~h pr~vi5ic . fins rr,at !xrn ;c;d nereia'~r-iO.e, ar ± a!': pre r.F~, ?4i~.e- ;h,~ , ~.,,v
<br />_har...a: i, ,h. :aid atongl~~- <. ci pt-.
<br />. 3 ~ t h -kn~ r ~ htt - v .>c o c- is ~ 1..°t~ .r
<br />~r u' .~ h fF* n F _.~<<rrncv ...r ley ^ C~ ~.h , _ ~ ,.,~ «< . ._
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