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<br />~1IORTG~~E s~ -t~ r~ ~ ? ~
<br />This mortgage made and entered into this 24th day of _ September
<br />19_ 82 , by and between Bender, Inc.
<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 _ 47.4 west 3rd street in Grand Island,
<br />Hall County, ,'~ebraska-
<br />WITMESSETH, that for the consideration hereiaafterstated,receipt of which is hereby acknowledged, [he mortgaeor
<br />does hereby mortgage, sell, grant, assign, and conve;~'unto the mortgagee, its successors and assigns, all of the fol-
<br />lowing described propem situated and being in the County flf ball
<br />State of Nebraska.
<br />North Eighty Feet (N80') o£ Lot Four {4), and the North Eighty
<br />Feet (N8D') and West Sixteen :.Feet (W16.')of Lot Three (3),
<br />Block One Hundred 4lventy~Eight (128), in Union Pacific Raiaway
<br />Company's Second (2nd) Addition to the City of rand Island,.-
<br />Hall County, Nebraska
<br />together with all the tenements and appurtenances thereto belonging, alt Lhe rents, issues and profits thereof, and-all
<br />easements, rights, royalties, mineral, oil and gas rights: and profits, water, water rights, and water stock, and including
<br />atl heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter attached therefo.or used in connection with'the premises herein described and in a'ddiiion
<br />thereto toe following described properties .which are and shalt be deemed'to be fixtures and a part of the realty, and
<br />are a portion of the secur%ty for the'indebtedness herein stated. (If none, state `.`none") None':
<br />To have and to hold the same into the Mortgagee, as heron provided:
<br />T'he mongagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is Cree from ail encumbrances except as hereinaboye recited; and that Martgagor covenants [o warram and
<br />defend the title aforesaid thereto and every part [hercoC against the claims of atl petsonswhomsoever.
<br />This instrutnent is given to secure the payment of a promissory Wort dated _ September 24 1982
<br />in the principal sum of E 70, ODD. D0 ,signed by Edward> C: Bender, President
<br />in behalf of ___ rwnde~ Znc. --
<br />also, as such noteor notes may from time to time be madified, 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. any
<br />reasoh or by any method whatsoever, the entire principahsum and accrued interest shall at once become due-and
<br />payable at the eletaion of the holder hereof. Failure to exercise this option because of ransfer of Cttle as above stated
<br />in one instance shall not constitute a waiver of the right to exercise rho same in the event ofany subsequent transfer:`
<br />.. ...o u~~nttagor covenants and agreesas follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory note a[ [he timer. and in the manner
<br />therein provided,
<br />b. To pay all taxes; assessments, water rates, and other governmet.tal in municipal charCe,, fine, or
<br />impositions, for which provision has no[ been made hereinbefore, and well prompth' deliver [he of'iicial receipts....
<br />therefor to fhe said mortgagee
<br />c. To pav euc}t expenses and fees as may br_ incurred in the Rro[ectioh and maintenance of said property.
<br />including [he fees of any attorney employed by the mortgagee for tF.^ cptlgafon ,>f any or elf Ufthe indebtedness
<br />hereby tiecure.d, or iorcclosurc by mortgagee's sate, or court: ~ruWeedings,oi itt arty other litigaiiaanz>r proceeding
<br />affecrtng Said properly.
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