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~o- Uts i4t)~ MORTGAGE
<br />"this mortgage made and entered into this _-_.__29th__ day of __ Oecee~er, ___ __'.
<br />f4~4t-, by and between A & T Yazd Co.
<br />{httrinafttt referred to as mortgagor] and Commercial National Bank and Trust Company
<br />mortgagee), who maintains an office and ptaee of business at 424 West Third
<br />Hari County, Nebraska.
<br />(hereinafter referred to as
<br />. street in Grand Island,
<br />WITNESSETH, that for the consideration htteinaf[er stated, receipt of which is hereby ac':r.~wledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its sua-essors and assigns, all of the fol-
<br />!owtng described property situated and bring in the County of xall
<br />State of Nebraska.
<br />All that part of the Southeast ¢uarter (SE~1 of Section Tsrenty~fonr (24) Township
<br />Eleven (11) North, F..ange Ten (10) West of the 6th P,M„ in Hall County, Nebraska, lying
<br />South of the Right-of-Way of the Union Pacific Railroad Company and North of the North
<br />Boundary of a tract of ground deeded to Harold R. Johnson, said tzact being more parti-
<br />cuiarly descriBed in Warranty Lead recorded in Book 155 Page 2ii as recorded in the
<br />Office of the Register of Leeds Office, Hall County, Nebraska, and East of the Easterly
<br />boundary line of U.S. Highway Number 281, Hall County, Nebraska, and together with all
<br />buildings, yards, sheds, fences, scales, tanks, structures and itttpzovements, subject to
<br />an easement to Chicago Burlington & !~uincy Railroad Company recorded in Book "R", Page
<br />255 ofthe records of Hall County and together with all rights of the grantors under a
<br />right of way lease from Union Pacific Railroad Company recorded in Book Two {Z), Page
<br />607, of the Miscellaneous records of Hall County, tdebraska,
<br />and
<br />Lots Eight (8) and Nine (9), Bachman s Lester Subdivision, in the City of Grand Island,
<br />Hall County, Nebraska.
<br />together with all the tenemems and aPpunenances thereto heloneine, all the rents, issues and profits therec f. and all
<br />tasttnenis, rights, royalties, mineral., oil and gas rights and profit;, water, wacer rights, and water stock, and including
<br />all heatin3, plumbing, refrigeration, lighting, eeauipmeat and a!! fixtures cf eve y d~;cririan telor,ging is the
<br />mrrrigag,ar now or hereafter attached thereto or used in eanrstc!iun with the premises, herein described and in addition
<br />thtteto the following described proper^ts which are and shall be deemed to be fixtures and a part of the realty. and
<br />are a portion of the securi[y for the indebtedness herein stated. (If none, state "none")
<br />To have and to hold the same unto the Mongagee:, as herein provided:
<br />Tht 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 warrant and
<br />defend the title aforesaid thereto and entry part thereof against the claims of all persons whomsoever.
<br />Thin ins[rument is given to secure the payment of a promissory note da[Rd ._ Decetttber 19_ 1980
<br />in the principal sum of $ ~00.t100. oo _____ _ , signed by A, E, Bachman and Tom •+~ieck
<br />- -------- - -- -- -
<br />in behalf of __ A & T Ya+-rl o
<br />also, as sueh note or motes may from time to time be modified, renewed or extended in writing.
<br />In the wont the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />reason or by any rttethod whatsoever, the entire principal sum and accrued interest shall at once t+eccme due and
<br />payable at the e{ecrinn of the balder hereof. Failure to exercise this option because of transfer of title as abovetared
<br />in one i-^-`-''°~"- shall cat constieute a waiver of the right is exercise Iht same in the evem of any subsequent trat,acr.
<br />Y. Ttte rnortysgor covenants and agrees as follows;
<br />a. To promptly pay the indebtedness evidenced try said promissory note at the times and to the manna:
<br />therein provided.
<br />ia. TO pay alt razes, assessments, water rates, and othtr govertvnental nr ntum~ipa: :barer'., ±u;cs, ~:
<br />imposiuons, for which provision ha-., not lsetn made hereinbtl'nre, and wit? p: nrnpav drf.~^ the ,~i fir.el r„~~ipr.
<br />there[rar to the said mongagrt,
<br />c. To pay such .aprnses and fees a> ma: he tr~~urrrd m tier pr ote.uoa and me:n:enau<< ~. , u
<br />including t'rrt fees esf any artornrv employed by ~fw, rztottgagc+e fo: nc~ .<.ite_tron :,..,,...,, - ~. ,~~~,;~~;;t,.
<br />trctYtr- sC,.Ut:d. ;,( t,)r- t- ,.. nit,: it*„att't''t '.d le. ~`I ,_„ :;~t`r •,. u.:t~,, ,, i. [i;, ~, ~,.~..,.
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