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<br />This mortgage made and enteral into this 29th _.,_ day of . Sanu~ry ~,
<br />"!
<br />19_#1_, by and oetween Q,fC Investments r t
<br />-- _ .
<br />(hereitafter referred to as mortgagor) and Commercial Nadonat hank and Tt~st Company .
<br />~hetcla~r t#eeretFto.its
<br />mortgagee), who maintains an office and place of business at 424 FI. Third stroBE in 4rartsl tst9te6,
<br />mail County, Nebraska.
<br />1Vt'['tteSSE7tt, that for the consideration hereinafter stated, receipt of which is hereby ackaowttdge~`, -the mtxtgggttr
<br />dog hereby tttrxtgage, sell, grant, assign, and convoy unto the mortgaga, its sncxxssora slid: aesl~, alt of tae fob
<br />towing descn'bal property situated and being in the County of Hall
<br />State of Nebraska.
<br />S.pt Fifty-Seven (57) in Castle Estates Subdivision, Hall County,
<br />Nebraska
<br />together with all the tenements and appur[enancrs thereto txtonging, aU the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />all 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 tht premises herein described and in addition
<br />thereto the following described properties which are and shat! be deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stated. ([f none, state "none") None
<br />To have aril to bald the same unto t~ Mortgagee, as herein provided;
<br />The mortgagor is (awfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is €cte from alt encumbrances except as hereinabove recited; attd that Mortgagor covenants to warrant and
<br />defend the tick aforesaid thereto and every part ihrreof against iht ctaitns of ail persons whomsoever.
<br />This instrument is given to secure the payment of a promissory nae dated Januar~29, 1981
<br />in the principal sum of S 52,000.00 ,signal by William R. Campluell, 8nb Wlserelerc
<br />in behalf of GYIC Investments ~_, Seises L. Catsnoa
<br />also, as such torte or mxa may frwtt rime to Lime be modiried, renewed or extetmed in wriaag.
<br />let itte evoat the tide to said real estate is transferred, or cantractal to be transferred, from the unckini~od fnr say
<br />reason at by any method whatsoever, the entire principal sum and at'ctvad ittterest slmll at bee.~t datf a4d
<br />,~, yab~ at t ~ n;Yion of tt~ hour hereof. Failure to rx~ cis t}:is option ttse of trams°er- o - ~ ~e
<br />in one lnstattce shalt trot constitute a waiver of the right to exercise the same in the event of arty uatt~fa.
<br />t. The rrwrtgagor covensnta and agrcct as foUcnva:
<br />a, To promptly pay the intlrbiedttess evidetued by said promissory note at the times gad i~ the mtn»er
<br />therein t$ovit~d.
<br />b. Ta taacty all tastes, aasttssmettu, water rates, and otlmr governmental ar munieipazt cttatrgss, firs, ar
<br />impaaitiot~, for which provisitut has not been tirade hereinbefare, and will promptly deliver the offtciat ree?cipts
<br />therefor to the said mortgagee.
<br />:. 7'n tore tu+:h cxpertsrs sad frc* as may be irteurreat in the protection and maintenance o1' said property.
<br />inclm#ing the fors of arty atttxrtrey employed by the mt?rtgagre for the cottectian of arrr' or all of the irulebtrdness
<br />h+trebLr xe~urrd. «r firdretcr~uee tt5 mctigat#ee.s sale. sir c±xut ptm:rrdangs, of in arty Exhrt fitigution t>r t?rcacrrdinta
<br />afiecisn$ Said f±tust, }
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