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i 7[::; mortgage nzadc anti entered into :his ~+~r~_,._, ~ dayof_ ~~~gr <br />I'I..$i,___, by and t>etw•een Gerald !.. Franzen and S?taron IC: l:'rarxene. htist7and and ~driFe <br />(hereinafter referred to as mnrt~n'agor; and fomrneetiaf IVauottal`.Bank and Trust ~<amp3ny <br />(:ereittafter referred to as <br />mortgaget}, who mainrair:< an office and place. of tausirtess at 424 West Third street in Grand stand, - <br />i-3alt Cvuriiy, NebraFka. <br />~Vt'r;~ESS~Ent, that for the consideration hercittafter-stated; receipt of whic$t is hereby aeknowiedged, tFi,^ rncsrtgagar <br />does hereby mongage, se11, Brant, ass*gn, and convey auto. t$e mortgagee, its successors-nerd assigns., ail of thr; fnl- <br />lawing descr+'bed property situated and tieing in the County of Hail <br />Mare oP ^lehraska. <br />Lot Five (~; , Bishop.. Heights`Suhditrision part. o£ the S&T# of the NW# <br />of Section Eleven 1311.., Totvnsh3p Eleven 123} t~o7cth., gauge Ten (30} <br />West cf the -',th P.M. Hall County, Nebraska: <br />together ~uifh all the [ersetnenes anu ap;n,rteniencea, cttereto helor~ging, dti the rents, issues and profits tittreaf; and alt <br />easerrtmts, tights, reyaitics, mineral, ai! and gas *<g}ets nerd profits, water; water rig}tts, and. water stock, andnciading <br />nit heating, ~turrbina:, r~fngtrat>ose. lig3tti;tg, eq€ripmerxt and. adfi tiatur~s af- every description heionging ta+ tfte <br />mortgagor now or herrefter attache.~.• h_rYt~~ ut r;cd in :3nr~tic~n ~§th-~t3tepreztri~s herein d~eccrihedand srradditiorz- <br />thcrcto the fc,llotsing desrrihexi propert[es .~nirn are . nd =.hafi fse deserted to be-fixtures a.nd a part of the realty, and <br />are a t±ortion of the sretartty fc:r the inz'iebtcanes hereinst:ated. !!F none, state ``nortc"°} .fesne <br />To have and`tc ~nold the same unto the t4iortgasee, as neseic croviei~d: <br />The ntortgattor is tawfuily seizes and rwssesstd cif: and has the. ri;h[ to sell and cottvcy Said prtrperty; that 'the <br />same is free fintn a.f encumbrances et,<:pr as f+eresnabnv: reettcd: and that `~iongagor-coy'enant5 to war>•ant and`. <br />de#end the ri$e sioresaid there~taand evert: p,t; ttterec.~t zku[nsr ?i,e :aairts of nit ,^,erson~ :vhontsoever. <br />F7,is instrument is given to secure the fia3'nfenr of a gromssor mare dated ^eeember~ 29. I~Bi` <br />in the prinapal sum of $. ~~. C~4_ ~~ --- ~, signed by Gerald T, Franxan and S}taron K„~,_ Franzen <br />irrbehalt cef themselves <br />etso, as sash note or nn~ may from.=,i:7te to time be rttti)dified, r:nrwed or cxt^~aded i;t +s7itttzg; <br />In the event tree title to said real rst<,:e is transferred. csr convacred to be trans{erred, from the urtderstgntd.f`oc anv <br />roetson ;N by anv mc*.hod wha~ce>EVer, the Brain p:-rncigai sent anc! accrued interest stem}: at once becortte doe and. <br />payable sx the ~ee3iom of the hx trier hereof. #=ailsar? tcv cterc~ise etas opgca~n bes~us~-oftransfcr of titt~.as above statect- <br />;n carltirt+t.atirc sna;3naa constitute a waiver of the right tc exerofsc thrsatne in tbecsrenFaFsttzy stcbse4uenttransfet. <br />t. ";"isz-rncrrtga$ax coernanis ;nerd ag,rres xs rciious: <br />a. Y'o fsrvmptty ear rive *ntfebteuness evidenced by =.aid ~rtixrtrssc~~ note at rite ri.rues axul>irt thetnartner <br />t~1tSY1 lROYBL{LY:. <br />h. ~1'o ay ail taxes aq.es~ ntna', µatcr ; arm and of tie re,vcrrcmenira rer rntsnicipmT eft,: r #,ne, .zr <br />tznprx;rrres, tnr ~c~ittch pro.isint~kRS ,r:,t ..ern ctia~3c hercnthgt;erz, c^d w~ti! protalpd~r de`rrver lee et ~.: ~~ecrt~ra <br />thrrr4sir to si7G tasiti snt.rt~a~c~. <br />~ tht~ s, f; _xt~sz,.cs .next ~ as z.c r<- : ;t ri 'n , vex Brit °t vn ; t r n~,' t; . ' ,.yrd ror~ ~. <br />itxa#xsr.~lrg «f?e €e~rx;ti snv ~e2irtr:res i`Sa~.,o"r ..t b~ ,'ic r+•E`rctatt^r .~e ii.~ :?rcc:,:~., . s:.•, ,i =4 ~':te ,n...htr_~nr.,: <br />..rcw_~t` ~-,.2sstr.. ~. i_<,;.i tc=:'!,'ti ti ,~t c.aFi~, -~;t?r .!;rt r <br />,e3', tit ,3?tt 7 ^~, _ ,- ,. ~I'1e^ _~„.i .... <br />