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<br />MQRTGAGE
<br />This-mortgage made and' entered `into this'_._ 3rd day of N a v e m h e r ,
<br />19 8'2 , by acrd-between -
<br />(hereirtA€fer re#erned to as mortgagor) and Northwest National Bank
<br />{hereinafter referred to as
<br />mortgagee), whti'tnatntarns an office-snit-place-af business at 2(tQ8 N _ WPhh Rd _ street in Grand Island;
<br />Hail County: Nebraska-
<br />VFtiTtttSSEf s, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the tortgagor
<br />does hereby mortgage, seU; gtant, assign,-and convey unto tits mortgaget, its successors and assigns, alI of the fo#-
<br />lowing ii~scri>ied prapertysitttated and being in the County of
<br />State: of Nebraska"
<br />'THE CENTER ONE TRIRD {1/3) OF LOT TWO (2)
<br />IN BLOCK SIXTY FIVE (6S) IN TfIE ORIGINAL
<br />TOWN, NOW CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />together with all the tertetrtam and appurtenances thereto 6elortsinE, aif the rrau, assaes and profits tEract>l; and. afl
<br />casaaatris. rights, royalties, mitreraf, ail and gas rigfus and profits, +rater, tvatet rights, acrd s7uer stodt,atttl
<br />aU heating, plttmfrittg, refrigera[ian, fighting, equipatent and all t"txtnrcs t~f e~ deseTipttion to the
<br />mortgagor now or hereafter atmched thereto .~ etsed in connatioe vehh the premfKS freretin tfescribad at>rd in adt+o
<br />thereto the following described properties which are and shall be deemed to 6e fiatttrves and a part of the reatftia, atd
<br />arc a ptution of the security for the ittdebtedttess herein stated (If crone. state "rbone"j
<br />Ta have and to hold the satin uata the Alortgagee, as herds provided:.
<br />mortgagor is lawfully seized arul pastessrd of and has the tight to sell and convey said property; thtit the
<br />same: is free from a!1 ertettmbratxos except as heteiaabove rtctited: anti that i~ltutgagor cavetstatas to watraat and
<br />defend the; tick aforesaid thereto and every part thereof against the claims of aft persons whoever.
<br />This,iastruttient is given to secure the payment of a promissory note dated __ .____..
<br />intfieprincipatsutnaf~ ~iT~,(1t~0.,~t ,sigtteciby Rcba.rcl F 8 BasbartF G Stephens
<br />in,beha3f'of themselves „_.~._..~_._~,,.__
<br />atsa, as such note or notes~maY-from Bute to time be modified, trmwed or extended in writing.
<br />In the evptt..thc title to said teat estate is transferred, or-contractett to be transferred, fram the undersigrted for any
<br />reason or by any_Lhod, whatsnexei, the enure principal sum and, accrued interest shall. at ante become due and -
<br />payablt at the clection,of the holden: hereof. Failure to.exercise this opuan.because of transfer -of rifle as above stated
<br />is vne instance shall Apt cgnstitute.a waiver of thexight to exucise the same iu the event of any subsequent transfer.
<br />I . The martgagcu covestattts and agrees as;fallows:
<br />a. To promptly }~i*y the-indebtedness evidenced by said prami5sary note at the, times and. in the manner
<br />therein provided.
<br />Is. To paY atf tai;- assessments, water- raters; and atiter governmental or musics; :~ charges, fines, or
<br />imptreitiottn. tot w provisiRn has nbt:bccn made hereinbefore, and will protrlptly deiivc; <.tre affirial rcti'eipts
<br />s~ar~tx w the said mortgagee.. -
<br />r. Ta pry such cxpenaes a f~ a5-.may fir irtcurt~edsn the pratetYian-and maintenance of said protserip,
<br />iadcydjag the `cot of arty Wttrrttey wed by tlrt Inctttga~e far the .:erttcpitxr of any ar att of the indetstedness
<br />here#rp }ccwett, tx fatiertsrt try Itwrtee"s .,ale, err courf prutxedirrgb" +.rr icy aq} other ittigat+on t>r prcxeesiing
<br />- #tttGitdt~ ~a7d prtopatt}
<br />+rrrw
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