MORTGAGE
<br />~~- u~21?9
<br />This mortgage made and entered into this 28th day of Avril _,
<br />14__~,byand between Earl J. Hardy and Linda R. Hardy, Husband and Wife,
<br />Joint Tenants with Rights of Survivorship
<br />(hereinafter referred to as mortgagor) and Commercial National Bank and Tntst Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 424 w. Third street in Grand Island,
<br />Hall County, Nebraska.
<br />W-TNESSETH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, all of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />Lot Eleven (11), Nottingham Estates Subdivision, in the City
<br />of Grand Island, Nebraska
<br />together with all the tenem°nts and appurtenances thereto belonging, all 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, ligfiting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter attached thereto or used in connection with the premises herein described and in addition
<br />t~~zrzio thz following described propzriirs which are and shall be deemed ro be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stated. (lf none, state "none") None
<br />To have and to hold 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 free from alt encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend 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 no[e dated a:rig 2s. ~,g~L__.., _-___
<br />in the yrincipal sum of $ 47, 000.00 „^__, signed by Earl J. Hardy and Linda R_Hardy
<br />in behalf of themselves
<br />also, as such note or notes may from time to time be modified, renewed or extended in wziting.
<br />Itt the event the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />reason 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 option because of transfer of title as above stated
<br />in one instance shag not constituce a waiver of the right to exercise the same in the even[ of any subsequent transfer.
<br />1. The mortgagor covenants and agrees as follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory note at the times and in the manner
<br />theeein provided•
<br />b. To pay all taXCS, assessments, waiter rules, and other governmental ur municipal charges, Pines, or
<br />impositions, for which provision has not been mode hercinbefvre, and will promptly drover the official rcccipu
<br />therefor to the said mortyagae.
<br />c. To pay such expenses and firs as may bz incurred in the protection and r;taintrnance of said >iroprra~.
<br />tru;ludi~ny the fees pf any attorney ernployrd by the mortgagee fur the collection ut arty cx all ~~f the indebtrdnr..
<br />hereby secured, ar furerienurr by nturtgager`s sale, r.rr court prof eedirtivs, t?r !rr .u~~ :?tlur hugauun ur a~n>. eed rag
<br />afFcrtarag said proprrt}.
<br />
|