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MORTGAGEE
<br />MORTGAGE
<br />`- COhi'~ir.RCIAL SAVINGS COMPANY 1616 SO LOCUST GRF.ND ISLAND, NE 68801
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<br />rq t>uE rtEIOR ACCT M6
<br />~- [?~ ~ lOAN DALE
<br />4-2-79
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<br />s54, 2~3°O.lt3' tOrAl Of fATMEMrS
<br />CLAYTON PETF,RSON, INC ( .22862.0
<br />373 Nf}It3'H VINE ""09NfrerA~
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<br />:9RAtvD ISLAND, NE 68801
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<br /> °13.00 ofs1023.85,r~ 11~fs1023.8 wwrAarenouE
<br /> ~ ttAarEZ~rrn+AtrAt~arrswuertrrAto[at~ 5-2-79 4-2-89
<br />OPEN ENtl INDIVIDUAL ~ OPEN END CORPORATE
<br />pp 2rd AI-'RZL 79 CLP.YTON
<br />INCORPOFHCATED~T and' made this- day of r , 19 between
<br />COMfr1ERCIAL SAVINGS COMPANY of Grand Island, Nebraska
<br />hereinafter referred to as Mortgagors, and Mortgagee.
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<br />PETERSO4i°;
<br />a WiTNESSETH: That the undersigned Mortgagors in consideration of the proceeds of the above described loan, do hereby grant,
<br />bargain, sell and convey unto Mortgagee, the following described tea] estate, to wit:
<br />Lots Five (5), Six (6), Seven (7), and the Westerly Ten (10)
<br />FEET OF LOT Eight (8), Block Forty S?•rer. (47) in the Original
<br />Town, now city of Grand island, Hall County, Nebraska
<br />t~tlt°r xL?r all ttn~m^nis, h,re!itantrnts and 9ppurtenane>~ hrlnna ttg thereto
<br />7t~1 1°iAVE ANif TiJ Flc~li.li ttrt abc>vt dtserlhtci pttmists with all the pnviitges arrd appurtt»ancts Ehtreunto ntiauging including
<br />all rents, issues and pr}Fits tlrerrof unto Mortgagee, forever. And Mortgagor hereby revenants that Mortgagor is watt and truly sti~aclyf
<br />a gaud title to the premises above cunveyed in the law, in fee simple, and has good right and lawful authority to cunvty the same, artd
<br />that the title so conveyed is clear, free and wtincumhered except as otherwise noted and that Mortgagor wilt forever warrant attd de•
<br />~ fend tite same to Mortgagee against all claims whatsoever.
<br />~ This Mortgage is given by Mortgagors to secure the performance of each agreement ,ontained herein, and to secure the payment
<br />~ f a loan in the rmount of the Total of Pa_r•nrrnts shown above, which loan being evidenced by a prunrissory null bearing turn date
<br />itrewith attd which is further described above.
<br />'~ Plif]VIDCl~ ALWAYS, and these present+a« up.~n the expressed corditiun, that if the Mortgagursshall pay in full to the Mort-
<br />1 gagre a pramissury note hearing even date herewith in tier annwnt +ri forth ;tbevr, payable in installments arcunling to the terries therr-
<br />~ of together wlth interest as set forth therein, and shall pay alt taxes and assessments levied upon said real estate htfure the saner br-
<br />cumes dtllnqutrtt,and keep the buildings on slid Irrrmists insured for a sum equal to the indebtedness secured hereby, tc><ss, tf anv, pay•
<br />able to the said Mortgagee, then these presents to br null and void, otherwise to hr and rtmaln in full force,
<br />THIS MORTGAGE IS ALSG TO t1E , ANU CONCINUE TO BE, FROM TIME'TU TIME, SE{:URtTY FOR THE PAYMENT
<br />Ofi SETH SLR QR SLR O.`; M£li"dEY THE MORTUER M=AY FROM. TIME Tel TI.!RE iN TH>i FLt'f'URE AOYAN~E TCI THE
<br />MORTGAGOR, ANil EVIDENCE!? EY A SUFFi.EMEI?;T~L NOTE OR NOTES, RUT NOT TO E%CEEU THE TOTAL OF
<br />S .2213 ,.5f3i~.t10 .. , ... , . E]CCEPT FfHt ANY AtIYANC~ THAT MAY- BE MADE TO FROTECT THE 5ECURI7Y IN AC-
<br />f:QRl~rtt'+iCUR WITH THE'i&R1r1,S OF TES M~1`CA - --
<br />Additional Trnns and C`unditions on the reverse of this agreement are made a part hereof wed iacurpuratr.f hcirhl
<br />IAl VV1'lAtESS WHEREOF, the said Mortgagota have executed thrsd prasew nd,year first ve written.
<br />Cl~yt.on P~t+t~><s{in. Inc by t~ ~~~
<br />G gagor~
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<br />'~ Mortgagor
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<br />SYATE OF Nt3~RASKA ~
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