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79-r 1R7~3
<br />MORTGAGE
<br />(Ptulici~atf~on>
<br />This mortgage made and entered into this 27th day of August
<br />1979 ,by and between Charles P. Oden, Sr, and Judith Jeanne Oden, husband and wife, each in
<br />his and her own individual right and as spouse of the other, jointly and severally
<br />(hereinafter referred to oe mortgagor) and FIVE POINTS BANK
<br />(hereinafter referred to as
<br />mortgagee), who meintaine an office and place of bwineas at 2015 N. Broadwell, Grand Island,
<br />Nebraska 68801
<br />Wtt•nsssterx, that for the consideration hereinafter elated, receipt of which is hereby acknowledged, the
<br />mortgagor does hereby mortgage, Bell, grant, assign, and convey unto the mortgagee, his succeesor3 and aasigas, all
<br />of the following drseribed property situated and being in the County of Hall
<br />State of Nebraska
<br />Lots Four (4) and Five (5), Block Eighty-Eight (88), of S~tteeler
<br />and Bennett's Fourth Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />9'uguthec with xmi including ull building., all (irturrs including but nut limilyd w ull plumbing, heating, lighting,
<br />w•ntllating, rrfrigreuting, inrinornting, utr conditioning appnmluer, and +dr~aturr (!hr +aortgagix hrrebv dreladag that
<br />it in inu•udrd that rhr items hrrrin rnumrratcd shall br drrmrd to hour hers prrmanrnily in~tafird a part of rhr realty?,
<br />and all impmvrmrnth saw or hrrraftre reixting thrrr+,n; rhr hrr+vfitamrnt->< and appurtrnaace. nad ull other rights there-
<br />unto brlanging, or in amwisr appertaining, nad rhr rrver4ion and re.rrwtuns, rrmuindrr ued n=main+lrr`. all ri}tht.K o[
<br />redrmptiun, and rhr rrnlx, ir+a:aes, and profitw of the akrore de+»cri6rd propt•rt~ 4 pn+vidrd, bnwr~er, that the mortgagor
<br />shall be entitled to rhr porinrshion of Bald proprrl} aad to collrrt and retain rhr mntx+, l+!~tte~, and ptufir~ until default
<br />hereunder). 7'o hove and to hold the 4amr unto rhr mortgagee and the t'+a+•crr.u,rw to ;ntrrr+t of the mortgeg+•r fomvrr
<br />in [ee simple or sueh other rstntr, if nay, aK iK -~:tatrd hrrrin,
<br />The mortgagor covenants that he is lawfully seised and possessed of and has the right to sell and eonvey said
<br />property; that the- acme is free from all encumbrattees except ~ hercinabove reeited; and ghat he hetwby binds
<br />himself and his eacceasore is interest to •rartyutt aad detead rhr. title alotesaid thereto and every part thereof against
<br />the claims of all persons whomsoever.
<br />This ittatrumeat is given to securo the pa}nwnt of a promitutory note +latrd August 27, 1479
<br />lathe principal sum of g. 330,000.OQ , signed b. Ch¢rlett L, Oden, Sr. and Judith J. Oden
<br />in behal~af Nebraska Radio Telephone Systems ant! ihemaelvds as individuals
<br />5@A FORM 92a (2.731 PREVIOUS EDITIONS ARE OBSOI.E TE
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