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R~I(~RT~AG~
<br />$1--u(i2122
<br />This mortgage made and entered iota this __?8tr+ -day of ___ April ,
<br />14 81 ,by and between Earl S. Hardy and Linda R. Hardy, Husband and Wife,
<br />Joint Tenants with Rights of Survivorship
<br />(hereinafter referred to as mortgagor) and Commercial National t3ank and Trust Company
<br />(hereinafttr referred to as
<br />mortgagee), who maintains an office and place of business at 424 W. Third street in Grand Island,
<br />Hail County, Nebraska.
<br />Wrirtessta'IH, that for the consideration hereinafter stated, receipt of which is.hereby acknowledged, the mortgagor
<br />does hereb?+ mortgage, setl, grant, assign, and convey unto the mortgagee, its successors and assigns, ail of the fol-
<br />lowing described property situated and being in the County of Hall
<br />Stott of Nebraska.
<br />Lot Eighteen (I8), Nottingham Estates Subdivision, in the City
<br />of Grand Island, Hall rounry, ^lAbraska
<br />together with all the Tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and alI
<br />eastmcnts, rights, royalties, mines}, oi! and gas rights and profits, water, water rights, and water stock, and including
<br />all heating, plumbing, refri~zrauon, lighting, equipment and ail fixtures of every description belonging to the
<br />mortgagor Haw or hereafter anached thereto or used in conne~+tan with the premises herein described and in addiron
<br />[hereto the lotlewtng described properties which are and shalt he deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stared- (lf none, state "nano"1 None
<br />To have and to bald 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 tree from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the tide aforesaid thereto and every part thereof against the claims of a)1 persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated April 28, 1981 _ _ _
<br />in the principal sum of 5 55,04Q.00 ________.__~_, signed by Earl J. Harland Linda R_Hardy
<br />in behalf of ---.---,-------r-h"a~52):-ves _._~._._----- - --------
<br />also, as such note or notes may from time to time be modiFed, renewed or extended in writing.
<br />fn the event the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />rtason or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />payable at the election of the holder hereof. Failure to exercise this optior. because of transfer of title as above staled
<br />in one instated shall nol cansutute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />t. The mottgagor covetants and agrees as follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory Hate at the times and in the mannzr
<br />therein provided,
<br />b. To pay all Faxes, assessments, water rates, seed o[hcr governmental or municipal charge,, fines, c+c
<br />impositions, far which provesiem has not been made hertinbefart, and wilt prantptly deliver the +Tfficial receipt.
<br />therefor sa the said mortgagee.
<br />c. 1'U y~y +uch expetrses atut fees as may !3r incurred in the protection and cnaitncnancc +~f ,aid t~rvpctT~.
<br />ir'~iutfsrtg site fees of any attnrttty rtnploycd tsy the martgag2€ fat the eailection of anv ar alt of the ;rtdehtrdnr,.
<br />fserc}rf *.ri=tress. err ?c=rrc?c~csetc t?s €noiigz~gee'. ~:alz. nr court t,ro~~crdingc., ear +n anc nthet tirtg.tten:r nt t=~~+.~i~~d:nt~,
<br />ai7a~tsng uscl t:retitxrr._
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