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<br />84-~~cl~3~o MOR'~`GAG~ <br />This mortgage madt and entered into this 22nd day of t~eceteber <br />Iq B0 , by and between Stanley B. Garris, Sz. and btary ?!, Garris, Husband attd <br />9fife <br />(hereinafter referral to as mortgagor) and Commercial Natiottat Bank and Trust Company <br />(hereinafter referred to as <br />mortgagee), who maintains an Defoe and place of business at 424 W. Third street in Grand TsEand, <br />Hall County, Nebraska. <br />MQfl7V~TH, that for the consideration hereinafter stated, receipt of which is hereby ackntnv)edgal, the mortgagor <br />doe hereby mortga8e, seY, grant, assign, and convey onto the mortgage, its sttccessors and. asaigps, aB of tpe fol. <br />krwiog described property situated and being in the County of Hall <br />State of Nebraska. <br />East Forty-Five Feet (E 45') of Lots One Hundred Fifteen (115) and One Hundred <br />Sixteen (116y, Hawthorne Place located on part of ttte Northwest One-Quarter <br />(NW3t) of Section Twenty-Two (22), Township Eleven (11) North, Range Nine (9) <br />West of ttxe 6th P.M., Ha11 County, AW_braska <br />together with all the tenements and appurtenances iherete belonging, al! the rents, issues and a-afit; thereof, one ail <br />easements, rtghts, royalties, mineral, oft and gas rights and profits, water, water riehts, and water stock, aad including <br />art heating, plumbing, refrigeration, Lighting, equipment and all fixtures of every description belonging to the <br />mortgagor now or hereafter attached thereto ar used in connection with the premises herein described and in addition <br />thereto the following described properties which are and shalt be deemed to he 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 possesed of and has the right to sell and convey said property; the[ the <br />same is free from a}I encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and <br />defend the title aforesaid [hereto 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 rr~._ 7~ 1980 _ _ _ <br />in the principal sum of b 22.000.00 ______, signed by _~tanlev B. Garris,_ Jr___ _ <br />in behalf of ___ ____ himself <br />oleo, 89 such note or notes may from time to time be modified, renewed or extended in writing. <br />In the event the title ro said real estate is transferred, or contracted to be transferred, from the undersigned for any <br />reason, or by any tnethod whatsoever, the entire principal swu and accrued incerest shall at on,;e become due and <br />payable ac the election of the holder hereof. Failure to exercise this option because of transfer oC title as above stated <br />in ons instance shall not constitute a waiver of the right to exercise the same in [he event of any subsegaent transfer. <br />I. The mottgagor covenants and agrees as follows: <br />a. To promptly !may the indebtedness evidenced by said promissory note at the times and in the manner <br />therein providal. <br />b. To pay alt taxes, assessments, water rates, and other governmental ur municipal charges, fine., ur <br />impositions, for wMch provision has oat been made hereinbefore, and will promptly deliver the official recerpr; <br />therefor to the said mortgagee. <br />c. To pay such expenses and fern as may be incurred in the protection and rnaimrnance .,f card txr?pcrt~, <br />i~)udhtg the fens of any attorney employed fry the mortgagee far ;hc ,.nllrctian :;f any ar al! ~f tErr indrb:rdne;. <br />hereby secured, or fotrdosttre by nuxtgager's sale. or ,:Dun prareadings, nr !n .vuF onc~r !~ ;eau„n ,. ni.~reni,^.: <br />affecting •,aid prc;prrtf. - . <br />