|
1VIORTGAGE
<br />80--. t)f~74~8
<br />This mortgage made and entered into this 29th day of December
<br />t9 BO , by and between Darryl G_ Wilhelmi and Harold D. Parsons, Single Persoas
<br />(hereinafter referred to as mortgagor) and Commercial Nations( Bank and Trtut Company
<br />(~naCter referredto esA
<br />mortgagee), who maintains an office and place of business at 424 W. Third strew is C,rartd )rlaad,
<br />Halt County, Nebraska.
<br />WtTrteSSFrt~t, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the tttortgagcx
<br />does herby mortgage, sell, grant, assign, and convey unto the mortgagee, its sttccessors and assigns, afl of tht fol-
<br />lowing described property situated and being in the County of Hall
<br />` State of Nebraska.
<br />Lot Ten (10) of Holcottrb's Highway Homes, a Subdivision of a part of-the
<br />NE~k and part of Lot Four (4), Mainland, of. Section Twenty-Eight (28),
<br />Township Eleven (11), North, Range Nine (9), West of the: 6th P.M., in
<br />Hall County, NebrasKa
<br />together with all the tenements and appurtenances thereto belonging, a!1 the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, nit and gas rights and profits, water, water rights, and water stock. and including
<br />al) treating, plumbing, re€rigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereof{er attached thereto or used in connection with the premises herein described and in addition
<br />thereto the 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. Qf none, state "none") None
<br />To have and to ::old 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 Cree from a!I encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />tiefrnd the title aforesaid thereto 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 August 23, 1980 & December 29, 1980
<br />in the principal sum of $ 12.000.00 _, signed by Darryl G. Wilhelmi & Harold D. Parsons
<br />in behalf of _ .___ themselves
<br />also, as such note or motes may from time to time be modified, renewed or extended in writitrg.
<br />In the even[ the title to said real estate is transferred, or rontracted to be transferred, from the undersigtred for any
<br />reason or b- any method whatsoever, the emire principal sum and accrued interest shall at once become due sled
<br />payable az the election of the holder hereof. Failure to exercise this option because of transfer of tuk as above stated
<br />in one instance shall not cans[imte a waiver of the right [o exercise the same in the event of any subsequent transfer.
<br />S. The mortgagor covenants and agrees as follows:
<br />a. To promp0y pay the indebtedness evidenced by said promissory note at the times and in the magner
<br />tt~rein proviu'cd.
<br />b. To pay all taxes, assessments, water rates, and other governmental or municipal charges, flues, or
<br />impositions, for which provision has not tteen made hereinbefore, and will promptly deliver flee official receipts
<br />therefor to the said mortgagee.
<br />r. To pay such expenses and fees as rosy be incurred in the proteenon end maintenance of ,aid property,
<br />including the fees of any attorney empbyed by the mortgagee for the collection of any or all of the indebtedness
<br />hereby secured, or foreclosure by mortgagee's .air. or :ourt nresl~eedings, nr :n any other litiKation or prcxreding
<br />alfeciing said pmperty,
<br />
|