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MORTGAGE gi--oois55
<br />This mortgage made artd entered into this t 4rt, day of Anr; i _,
<br />19._=~_, by and tfce~wcen The®dore c:. Moiczyk and Jerut Attn .bl::zyk
<br />(hereinafter referred to as mortgagor) and Commercial National Bank and Trust Company
<br />(hereinafter ref'etreti tom'
<br />mortgagee), who maintains an ofFiee and place of business at 424 West Third scree[ in Grand lsld;
<br />Hall CDURty, Nebraska.
<br />WC!'HfS.4ETH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged,-the-morigagctr
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, all. of'the fo1-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />East 55 Feet (ESS'1 of Lot Taro (2), in 8trsman's Subdivision, an Addition
<br />i•A the City of Grand Island, t~sraska
<br />together with all €ht tetcerttcnts and appurtenances thereto belonging, all the rents, issues and profits thereof, and at[
<br />easements, rights, royalties, ,ninerai, oil and gas rights and profits, water, water rights, and water stock, and including
<br />aU heating, plumbing, refrigeration, lighting, equipment and alt fixtures of every description belonging W the
<br />mortgagor now or hereafter attached thereto or used in connection u;i[h 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 tht¢ r~lty, and
<br />art a portion of the security for the indetxedness herein stated. (lf none, state "none") None
<br />Fo nave ono to trour the sarnc unto tsrc in`vrtgagcc, as hereon provided:
<br />The rnortgt~or is lawfttlly seized and pDSSessed 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 />detrttd rite title aforesaid thereto and every part thereof against the claims of al! persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated Auril l5, 1981
<br />iR tPte principal sum of 3 ly~,.~{3u.gQ ,signed by Theodore C. and. Jean Ann Molczyk
<br />in behrd€ of ___ thrai~elves
<br />also, ~ trash cote ~ tortes may from time to time be modified, renewed or extended in writing
<br />lR the event she title to said real estate is transferred, or contracted to be transferred, fFOm the undcrstgneci for any
<br />resole or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />pttyabk at the eieetion of the holder hereof. Failure to exercise this option bet~ttse of transfer of title as above stated
<br />ES one lBStat~e sharN trot. t;onstitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />t. 'The mortgjor eovettants and agrrea as follows:
<br />the Tope pep: else.-irtdebis~ evidari by sa~t# psmrtiasory note at the tunes and in the manner
<br />be 7D clay ttl# ttritte€, assesstttettts, wAicr rates. and other governmental or muriicipai charges, fines, or
<br />nom. f~tr wttish provision has not been trade heteinbefore, and wilt promptly deliver thr official receipt.
<br />therttor to tiro acid Rtoritxgeo.
<br />~• 7'D pay-"lt ~pGr€~'s a-fcsas a5 may t*C i;tiltrfied in the {rrvtec'ttvrt and n3ainierian~e ai Said pf'S~ct#v.
<br />iRCt~ rlx fas of any attorney employed by Ihec mort~~eec for the cotlcction of any ix all of the indebtedness
<br />1tCreti} ;~ureai, :at fpteclcnurr t+y neortpagee's .safe, err etsurt petn'cCdingi, cu in any' cethcr birikatiuo-t to pr~Ki~~.lin~~
<br />5ffs~trs#g ratcf t+rsrpvrti-
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