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MfGRrTGAGE $1--c1ci~1~5s <br />This mortgage made and entered iota this __ 14th .day of _ Sanuary ,_, <br />19_8L_. by and between David L. Linberg and Marjorie 3. Linberg, Husband and Wife <br />{hcrclnafter referred to as mortgagor} anal Commercial National Bank and Trust Company <br />(herdttafter referred to as <br />mortgagee), who maintains an office and place of business at 424 ~ Third street let Grand Island, <br />Hall County, Nebraska. <br />V4rP6NE5S£TH, that for the consideration htteinafter stated, receipt of which is hereby acknowledgtxl, the ttrottgagor <br />does hereby mortgage, sell, grant, assign, and wnvey unto the mortgagee, its successors and assigns, ail of lire fcsi- <br />lowing deserihe'd property situated and being in the County of Ha11 <br />State of Nebraska. <br />Lot Ten {lt7), Le Heights, Fourth Subdivision (4th), Hall County, Nebraska <br />together with alt the tenements and appurtenances thereto helanging, all the rents, isues and profits thereof, and alt <br />easements, rights, royalties, mineral. oil and gas nghts and nrohts, water, water rights, and water Stock, and including <br />aft heating, plumbing, refrigeration, lighting, equipment and all fisnues of every description belonging to the <br />mortgagor now ar hereafter attached tltereta ar ued in _onneition with the premises herein described and in addttion <br />thereto the following descrbed properties which are and ,hail be deemed to he !estates and a part of the realty, and <br />are a portion of the security far the indebtedness herein. stated. t tf none. ante "none") None <br />To have and to hold the same unto the `iortgagee, as hereto prasided: <br />The mortgagor is lawfully seized and possessed of and has the right to sail and convey said property; that the <br />same is free from alt encumbrances except as hereinabave recited; and that Mortgagor covenants to warrant and <br />defend the title aforesaid thereto and once} part thereof agatnst the Maims of all persons whomsoever. <br />This instrument is vaven to secu,-e the payment of a promissory Hate dated ~ Jantra~y 14, 1981 <br />in else pritcipal sum of S 26.289. ?6 - _-_--• signed by David L. Linberg and Maz~orie 3. <br />-- -- <br />in behalf of a..~------__-----------the~selygs _---_--_-- Tag <br />also, as such Hate or notes may from time to amt be madif'sed, renewed ar extended in writing. <br />In tint event the title to said real estate ;s transferred, or contracted to be transferred, feom fire f~ ~?'.- <br />reason or by any method whatsacver, the e-nrire principal sum and accnted imeresi shell at bseomr dote asd ' <br />payable at the election of the holder hereof- Failure ta -.xercise this option becarsse of transfer of title ~ sit: <br />in afrx instant:e shall scat constitute a waiver of the right to exercise the same in the anent of any subsa ttaastat. <br />1. The mortgagor covenants and agrees as follows: <br />a. Ta promptly pay the itrdebtedness evidenced by said promissory note at else titter ate in. tl~ tl~ <br />tlxrstirr provit#d. <br />b. Tr.+ pay :t1i tapes, assessment<, water rater, and other governtnemal or muniiipat clsatges. tisxa, m <br />itnpMitians, fc+r whrch provsian has oat fieett made hrrcinbefare, and will rromptly deliver the official rriYipts <br />tlsertfor in the said marrigaitec. <br />k_ 'Te pay such cxttenx. amt fees a3 ma; F*€ itti•urrcd in the prC2es`t7P-u and rna€nrertbn.~ of said prc*perry. <br />ira:ludu~, the fees <>f -sn} att«rrtxrs enrt~sTyed by the mcxtgitgcc fvr the ;:ollc_tr=?rr :,f an< ,Yr all of nc~ itrdebrcdness <br />hCret*4 ~C~+,;r Cfl, ,,s 3Cri •:i lr,},.iFrC }i: ntc,rit5agee'~ `~atL"- 'xs ~;N7ri t.'r+.=it"S'il: tis:'*, ,•• :~s :i751 .vi t?i.'t l~?,f!:i::t)n .'r ;+i ,'!i c'i=1any, <br />a#t;-t i#i~t +atst c=+cr~+,;sr~ <br />