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MORTGAGE 81 _ „c, ~~ ~ ;;U
<br />This mortgage made and entered into this ____28th_____ day of __________April_______~__,
<br />19_ 81 , by and 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 Trust Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at _~l_?4 W. Third street in C,rand Island,
<br />Hall County, Nebraska.
<br />WITNESSETH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto [he mortgagee, its successors and assigns, ali of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />T,r~t Ten f10), Nottingham Estates Subdivision, i.n the City of
<br />Grand Island, Nebraska
<br />together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and ^9
<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 or used in connection with the premises herein described and in addition
<br />thereto the following described properties which are and ,hall be deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stated. ilf none, stale "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 properp~; that the
<br />same is free from all encumbrances except as hereinaboce 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 note dated _ April 28, 1981 _
<br />in the principal sum of 5_45.000.00 ________, signed by Earl J. Hardv and Linda R. Hardy
<br />in behaif of _____ fhPmsPty~
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
<br />In 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 tht election of the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall no! constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />I. The mortgagor covenants and agrees .rv follows:
<br />a. To promptly pay the indcbtednes> evidenced by :aid promisson note at fhe times and in the mariner
<br />therein provided.
<br />b. To pay all taxes, assessmrn:,, water rates, and other governmental or municipal charec+, floe,, ~~r
<br />impositions, for which provision hen r.ot !seen made heteinbefore, and w-ill promptly deliver the offi:ial receyvt.
<br />therefsx to the said mortgagee.
<br />-. lc? may catch ett+ense~ alxl tce< .3. ,tray hr ro_urred in tlic' promrunr. and raaintc,tan.c cat ,at:i t~nst~cnv.
<br />including the fees of any anonrey rmplt,,yetl b+ the nrwrrgagec for the .ullect;an of env s'; ,;II ~,t the ,ndebiedne.,
<br />hrrcht iew car vxl, ,,. ~arvc`u:ur:° h, a2vx;kst c =-..ric, „t ,.Dort n _~c d;ng,, ,~i m .~.. v.hr, ~,i~:,ni .* , .+,. c,_il,r~,~
<br />,t flcsun@: ;aid (7<<+(ertty
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