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<br />lO~IOR'I4~AGE
<br />$0-.:Ot~~589
<br />and - .. - -`
<br />This mortgage madeventered into this 14th _ ~y of Novembez - "
<br />19 80 ,by and betweenCharles E. DeLarmand-Dennis V. Wojahn _ - - -
<br />(hereinafter referred to as mottgagor) and Commercial National Bank and Trust Cortfpany
<br />(hereinafter"referred fo as
<br />mortgagce), who maimains an office and place of business at 424 W_ Third - strcef in'Gra;ad.Tstarcd-
<br />Hall County, Nebraska.
<br />W[TNesserx,. 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 mortgagce, its successors and assigttis; ail of'the fo1-
<br />lowing described property si[uafed and being in the County of Hall - - -
<br />State of Nebraska.
<br />-Lot One Hundred and Six (106) of Suenavista Subdivision in,the City o€
<br />'Grand Island, Hall County, Nebraska '. -
<br />together. with all the tenements and appurtenances thereto belonging, al! the rents, issues and profits thereof, and ail
<br />easements, rights, royalties, mineral, oil and gas rights and-proGis, water, water rights, and water stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all lix[ures of every description belonging [o the
<br />mortgagor now or hereafter attached thereto or used in ronnection with the premises herein described and in addition
<br />[hereto [he following described properties which are and shall be deemed to be fixtures and a part of the realty, and
<br />are a portion of the security For the indebtedness herein stated. (If none, state "none") None
<br />To have and to hold the same unto the Mortgagee, as herein provided:
<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warram tmd
<br />defend the title aforesaid thereto and every part theretl' against the claims of all persons +vhotnsoevcr.
<br />This instrument is given ro secure the payment of a promissory note dated ____.__ November 14. _~.$tZ._.__
<br />in the principal sum of $_ 19, 000.00 ,signed by h~ arr7ec F~ DeLarm and Uennis y.
<br />in behalf of themselves Wojahn
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
<br />In the event the title to said real estate is transferred, or contracted to be transferred, from [he undersigned fur any
<br />reason or by any method whatsoever, the entire principal sum and accrued interest shalt at once become due and
<br />payable at the elation of the holder hereof. Failure to exercise this option because of transfer of title as above staled
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />1. The mortgagor covenants and agrees as follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory note at [he times and in the manner
<br />therein provided,
<br />b. To pay all taxes, assesSnteniS, water rates, and other govenunenial ur municipal chm gcs, t~ne>, rr
<br />impositions, fur which provision.has no_ t been made hareinbcfore, and will pranpdy deliver the oft~cia( receipts
<br />therefor to the said mortgagee.
<br />c. To pqy such expenses and Cees us may he incurred m the nrotectiou and n+aits~cnam.-s ~~i ,aid pruprn+.
<br />ittcludirig the fees of any attorney e[npluyed by the mortgagee Cur the collestisu Wit' atry of ail of the mdrhtcdns„
<br />hereby tccured, ar forecla+sura b}- mnrtgagce's sale. ut cbun pt oteedmg,, o. u. any odui i,ugari+,n w t~mc. c,hnt,
<br />atfccung said pr~rpcrtr.
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