|
MORTGAGE g~,--, ~~c,~; l ~~
<br />This mortgage made and enured into this .,. 28th_____ day of _____April
<br />19. 81 , by and between Earl 3. 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 refereed to as
<br />mortgagee), who maintains an office and place of business at __ a~a 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, self, grant, assign, and convey untc the mortgagee, its successors and assigns, all of the fol-
<br />lowing described property situared and being in the County of Hall
<br />State of Nebraska.
<br />Lot Eight (8}, Nottingham Estates Subdivision, in the City
<br />of Grand Island, Nebraska
<br />t'vgciher whit eii the ianements and appurtrnancr+ thereto belonging, ail the rents, issues and profits thereof, ant ~i1
<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, rqutpment and all fieture> of every description belonging to the
<br />mortgagor new or hereafter attached thereto or used to a?mrection with ?he premises herein described and in addition
<br />thereto the following dew'ibed properties which are and shall br deemed to br futures and a part of the realty, znd
<br />are a portion of the security fbr the indebtedness herein slated (tr .^..,. ,star: • aaae"} Nare
<br />To have and to hold the same unto the Mortgagee, as hereir. provided
<br />The mortgagor is lawiulty seized and possessed of and has the right to ;ell and convey said property; that the
<br />same is free from all encumbrances except as hereinabuvr recited: and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and e+er) part thereof against the eiaims of al} persons whomsoever.
<br />This instrument is given to secure the rayment of a promissory note dated __ April 28, 1981
<br />in the principal sum of 5 47, OOO.~,Q_______...__.___...__, signed by Earl J. Hardy and Linda R. Hardy
<br />in behalf of _~____ __ rn_~P~ yaG
<br />also, as such note or notes may from time to time br modified, renewed or extended in writing.
<br />In the event the title to said real estate is transferred, pr contracted tc 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 hr:eof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />Thr mortgagor covenants and agrees as follows:
<br />a, To promptly par the indebtedness evidenced by said promissory note at the times and in the manner
<br />therein provided.
<br />b. To pay all taxes, assessment+, water rates, and other governrnental or muni, ipal charge., fines, or
<br />impasitions, for which provision has not keen made hereintxtore, acrd will prontp?ly detnc* ?hr .rIC[c?al :ccriptti
<br />thrrrtur ?o ?hr said mortgagee.
<br />c. fa pav such rapernes and ?res <t, may F~ incurred fn the per>?ccuon and main?rnurt.e ,,i +at.t n?.~r>~'~t._
<br />n'vatr:Yink the Frc", at :,uy ,ttt+krscy e[eninvca bs` the ntortpaArc Ice the catlec?tun ..± arty ,x ail ,~t the mdei~trdnv„
<br />hz;[h} =r. ,ett'+1, ,tr ?. ~~ __.,c ~+1 m.,;tra~ce': ~waec, sal ~~sur? itt ~rci°r:risq ',. z. ,.~ ,; h~. -_t-.~a , ~~ -_ -~i ,,,, c,i.?~r
<br />
|