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MC~-RTCAGE
<br />82--~(?4~3U3
<br />This mortgage made and entered into this 15th _ day of October ,
<br />19_.$Z.._, by and between Harry I. Turner and Vivian F. Turner, husband and wife,
<br />(hereinafter referred to as mortgagor) and Commercial National Sank and Trust Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 424 West 3rd street in Grand Island,
<br />Halt County, Nebraska.
<br />WiTNESSETH, 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 Hall
<br />State of Nebraska.
<br />Lot Five (5), in Block Ten (10), of the Original Town of Cairo, Hall County,
<br />Nebraska.
<br />together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mtneral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />ati healing, plumbing, refrigeration, lighting, equipment and all fixtures 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 following described properties which are and shat! he deemed to be fixtures and a pact of the reahy, and
<br />are a portion of the seeurity for the indebtedness herein stated. (If none, state'"none") None
<br />To have and to hold the same unto the hlor[gagee, as herein provided:
<br />The mortgagor is lawfully seized and possessed of and has [he right to sell and convey said property; that-the
<br />same is free from ail encumbrances except az hereinabove recited; and that Mortgagor covenants ro warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of all persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated October 15 , 1982 _
<br />in the principal sum of $ 10,000.00 ,signed by Harry I. & Vivian F. Turner
<br />in behatf of themselves T
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
<br />In the event the tick to said real estate is vansferred, or contracted to be transferred, From the undersigned for any
<br />reasaa or by arty method whatsoever, the entire principa! sum and accrued interest shall at once become due and
<br />payable st the election of the holder hereof. Failure to exercise this option because of transfer of tide as above stated
<br />in oae ittt;lanee shat! not constitute a waiver of the tight to exercise the same in the event of any subsequent transfer.
<br />1. T~ mortgagor covenants and agrc-es as €ollaws:
<br />a. To protnptty pay the indebtedness evidenttd by said promissory nose at the times and in the manner
<br />therein provided.
<br />it. To pay all taxis;, assessment:;. water rates, acrd other governmental ur muniei p,. :~g~5, fines, cv
<br />impositions, for whutt pravisioa-has atot keener inpde hereinbet*orr, and will prnmptiy deliver :r:c ..tficiai re~eiprs
<br />therefor to the said mortgage;.
<br />t. To-pay such eatfiCnxs atn3-fees as tnay be ire-urred in the pri~te~tion and znainr~rance c,f saiii pro~ert~,
<br />incltding fire fcc& ~f any attorrtrg empioyei b} the mortgages fx t tkrr coarctian of tttt~ cr.' aik „f the indrbtrdness
<br />[tcrekey tecstrcd, err foerde3surr h} _,tertgag~'s salt, ar_z-mart prr9rrcetirµs_ ,,r i,j and _.Lv., .i;at :,~r, ,rr i xr.~e~7ivrk
<br />afte~.~ting *aiol ~rt+p€rtr, _
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