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<br />gz ~ i) ~ 4 01 ~ M~-RT~A~~
<br />TMs mortgage made and entered into this _ 30th ___ day of __~iu3ust________,
<br />l9~_,byandbeiwee^ Ronald R. Vonderohe and Karolyn K. Vcnderohe, Husband and Wi£e
<br />(hereinafter referred ~o as mortgagor) and Commercial. National 8ar.k and 'Trust Company
<br />mortgagee), who maintains an office and place of business at
<br />Hall County, bebraska.
<br />424 West Third
<br />(hereinafter referred to as
<br />street in Grand Island,
<br />WITMSSETH, that for the consideraUOn hereinafter stated, receipt of which is hereby acknowledged, thz mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, ail of thz fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />hot Eight (B), Slock Tvro (2), Capital Heights, 4th Subdivision,
<br />Hall County, Nebraska
<br />togelhcr with alt the tenements and appurtenances thereto belonging, all the -cots, issues and profits thereof, and a!1
<br />easemrnts, rish[s, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or herw(ter attached thereto or used in connzction with the premises herein described and in addition
<br />thereto the following dascribetl properties which are and shall be deemed to he Fixtures and a part of the realty, artd
<br />are a portion of [he security for ;he indebtedness herein stated. ([f none, state "none") Clone
<br />To have and to hold the same unto the Mortgagee, as herein provided
<br />The mortgagor is lawfully xized and possessed of and has the right to sell and convey said property: that the
<br />same is free from all encumbrances except as hercinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of zJl persons whomsoever.
<br />This ittstrument is given to secure the paymrnt of a promissory note dated _ August 30, 1982 _ _
<br />in the principal sum of S 50, 000.;ZO_ ,signed by -Ronald R_ & Karolyn _Y_~Jortder~'rte
<br />in behalf of khe>~4elves
<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 is transferred, or contracted to be transferred, from the undersigned for an}
<br />reason or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />payable at the election of the holder hereof. Failure to exercise this option because of vansfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent tra,ufer.
<br />1. The mongaYOr covenants and agrees as follows;
<br />a. To promptly pay the indebtedness evidenced by said promissory rote at the time:, and is the manner
<br />therein provided-
<br />b. "I'o pay all taxes, asses menls, waive rata, and other gcvcrnmentai or r:uni ipal ~~h;,nE _, fins<, ur
<br />impasi@ons, for which provision has not'.xett made hereinbrfore, and willpromnt;v ~+:hver the irff;dal meipt~
<br />thetetor to the said mortgagee.
<br />~~. "ro ply each e~pensa~ utd rc_5 s eons hr -r carted in the pr~ta [ r.t and n2a.i;:e,-.~;,, t~ nl r.' tin;~, ~-;
<br />in. fu=iing the faes vl 3nY au<~rr~_. ernpi~t ed b_: the rtvrtgagec f;-r t;u ~otfectior ~; - _. ~~- the r,nic•bteanr~.-~
<br />~eE"eC,s FcCts n'd, :3r F r t -1?si;;~ ~ niJ:t~, +~,:~-~ ~a f,, .~ :; Sze;ti ,N'ri ecil!~igt, ..+r in ~ Y i - i,. !i a:i~n; , ..r; <i .l;a
<br />sSi~ ~.; r. ~; ~.uicF D,-PDrr'c
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