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MORTGAGE
<br />82°~t~(?~13F
<br />This mortgage made and entered into this _._~s~~_ day of cPn+Pmt~r^_ _
<br />19.02 bvand hcriveen Fred R. Plummer and Trline L. Plummer, Husband and Wife
<br />(hertinafrer referred to as mortgagor) and Commercial iationa dank and Trust Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business of n24 :west mt, rd' street in Grand-Island:
<br />Hall County, Nebraska:
<br />WtT:itESSErzt, ahaefor the consideration hereinafter stated; .receipt of which is hereby acknowledged,rthe mortgagor
<br />does hereby mortgage;. sell, grant; assign, and convey untq the mortgagee, its successors and assigns, all of the fol-
<br />lowing described property situated and"being in the County of-' xall
<br />State of,tiebraska.
<br />1)! The East Half of the tr'orchw-est Quarter (E l/2 NW l/4) of Section-Twenty Four (24),
<br />Township Eleven (11)"North, 'Range Nine (9), West of the 6th P.M., (excepting,: however,
<br />that part thereof. lying North. of the. right: of way of the Rai).road of the: Chicago,
<br />'Burlington & Quncy`Ralroad Company and on the Westerly side of a line"'drawn
<br />17 Feetdi5tant parallel with and Easterly from tlteiCenter line of the Traill`Sand
<br />Pit Supt Track`as the same is.Iocated and staked over and across-said land,
<br />heretofore conveyed b1 warranty deed retarded in Book 57 of Deeds,. at Page 75)
<br />all.izx xall County, Nebraska.
<br />The tract covered by the abstract>covers 75 acres. Included in-the description
<br />is a bn ding tract which is under different ownership than the balance of thee.
<br />laid, and amottnts to .58 acre. For reasons stated in the apinon,`it-wi12 be-
<br />necessary to refer to the 75-acres-minus-.58-acres. as, tract No. land. the .53 '
<br />acre tract as No. 2. Yt is to he .assumed that your proposed loan will: be on
<br />tract No. 1 and to avoid duplication of mortgages, Yxis .53 acre tract should be
<br />excluded-from the description as a whole. See legal on attached sheet.
<br />2) H part of Section Ten (10) in Township Eleven (117 North,_Range Nine (9)_West
<br />of the 6th P.M':, more particularlg described`as follows: Cottmsencing at a. poinf
<br />on the Southeast corner at the intersection of Lambert and Fourth Streets in the
<br />City of Grand.:ZSland, Nebraska, and running thence in an Easterly arec ion
<br />along the Southerly line of said Fourth .Street a distance of approximately Six"
<br />xundred Six (606) Feet, and 'Eight (8) Inches to the.Southwe t corner of the
<br />continued on attached paper
<br />together•with att the tenements and appurtenances thereto belonging, alhthe rents, issues-arid profits fherevf, and alt
<br />easements, rights, royalties, mineral, oiland gas Yights and profits, water, water rights, and water stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description; beDonging to the
<br />mortgagocnow or hereafterat[ached 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 to be fixtures and a part of the realty, and
<br />are a portion of the secueity'for the indebtednessherein stated. (If none; state "none") Nolte
<br />To>have and to hold the same unto the. Ntortgagee, as herein provided:
<br />:.The tnortgagar is lawfully seized and: possessed of and: has the right to sel} .and convey said property; that the
<br />same'i~ free from a[l encumbrances except as hereinabove recited, and thaC Mortgagor covenants fo warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of all persons wfiomsoever:
<br />This instrument is given to secure the payment of a promissory note dated sgp+omz,Pr 1 t g8?' __
<br />In the p; incipa: sum. of :$ 150 OOO.AO ": signed..by. Fred: R1 "Plurnaer and''Irline' L. Piuirmter
<br />in behalf of <themselves
<br />a)so, as such note or notes may from time to timz be :modified, renewed ar extended in writing.
<br />In the event the title to said teat estate is transferred,. or contracted to be transferred, from .the undersigned for any
<br />.reason ~r by: any method whatsoever, the enure. prin~7pal sum and accrued interest steal) az once<become-due and
<br />payable at the election of the holder hereof: Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the evem of any subsequene transfer.
<br />1. The mortgagor covenants and agrees as follows:
<br />a. Fo prompily pay the indeh[ednest evidenced. by said promissory note at the limes and(in the manner
<br />L therein provided.
<br />b. To pay a)I taxes, assessritents, water rates, and ether gaverrameniai or muniapai charges, lints. or
<br />impositions, for which provision has not been made 6ereinbef'oie, gild will promptly deliver the ofl'tcial rcceipU
<br />therefor to thesaid mortgagee.
<br />i. To pay such:exgunses and fees. as may be inrutredin the; protection gild nxaintenari.e of ~aict TJec+pertt,
<br />including the fees of any. attorney emplayeci byxhe ~tttrrfgagee fpr [he cotlccUOn of cap or all of thearidebtc:htess
<br />hemby eeurcd, cir forccla4ure hy~ntortgsbccs sale, nt court pro.eecfinES, trr nr _[n ~t?rci a iatro~:.x t,rw~.cedmg
<br />affec [inrtsaid property.
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