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<br />~iGRTGAGE 82at rj'~ i ~~
<br />This mortgage made and emoted into this ____ 21 s± day of __ September
<br />(~ l9_ 82 by and between John Harrington
<br />{hereinafter referred to as mortgagor) and Commercial National Bank and Trust Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 424 Nest ThS.rd' ' _ sweet in Grand Island,
<br />Hall County, Nebraska.
<br />WtTNESSETH, that for the consideration 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, all of the fol-
<br />. lowing described property situated and being in the County of Ha 11
<br />State of Nebraska.
<br />Fast Half Southwest Quarter (E~SS-I}i); 27-11:_10;
<br />One-`t'hird 11/31 unc:ivided interest in Northwest Quarter Ncrthwrest i~uarter (N~7~NFrrs1 and
<br />South Half Northwest Quarter (S;sNW~t)-31-12-11 all located in Hall County, Nebraska.
<br />together with all the tettements anti appurtenances hereto belonging, all the rrnts, issues and profits thereof, and ai:
<br />easements, rights, 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 fixtutrs of every. description. 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 followtng described properties which are and shall'be deemed to be'fixtures anda pan of the realty, and
<br />are a portion: of the'security for the indebtedness herein stated; (lf none, state "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 sell and convey said propeny; that the
<br />same is free from all encumbrances exsep[ as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend [he title aforesaid thereto and every part thereof against the claimsof all persons whomsoever,
<br />This instrument is given to secure the payment of a promissory Wort dated SgRt~ber 21 1982 _ _ _____
<br />in [he principal s'um of 5 93,830.50 ,signed by _JoYtn Harrington
<br />in behalf of John Harrieston -------
<br />also, as such note or notes may from time to time be tnodifitd tenewed or extended in writing.
<br />In the event the title to said real estate is transferred, or contracted to be transferred, from [he undersigned for any
<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 [hu option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exucise the same in the event of any subsequent transfer.
<br />1. The mortgagor covenants and agrees as follows;
<br />a. To promptly pay the. indebtedness evidenced by said promissory note at the rims 2nd in the manner
<br />therein provided.
<br />b. To pay all taxes, assessments, water rates, and other yovernmenta! nr municipal charges, fines, or
<br />imposrtions, for which provision has no_ been made hereinbefore, and v:ill pnrmpdydefiver theofficial'receipts
<br />theretbr to the said mortgagee.
<br />c. T+ pav such e~pcos~:~ and fees as may he incased in the protection,and maimenance of ,aid property,
<br />including the fees of anv auurney en,ployect by the mortgagee foe the collectign of any or alt oftlte insiebtcdness
<br />hereby ~ewred, a: f3re~3asurt ~~s moripapce's sale, orcour[ praccedings, or tit any o[]irr litigatiota of ~ ro;;ccding
<br />~,tecf;ng ;lid propene.
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