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'~1-oc}~i~~ M~RT~~~E <br />This mortgage made and emered into this ___.__ 28th__._____ day of ___.___~_ ___~ <br />19.81 _, by andbeeween Earl J. Hazdy 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 424 w- mhira street in Grand 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 the mortgagee, its successors and assigns, all of the fol- <br />lowing described properh• situated and beittg in the County of Ha 11 <br />State of Nebraska. <br />Lot: Four (4), Nottingham Estates Subdivision, in the City of <br />Grand Islard, Nebraska <br />together with all the tenements and appurtenance, 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, lighting, equipment and aU fixtures of every description belonging to [he <br />mortgagor now or hereatiter attached thereto or used in connection with 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 oi' the reap}-, and <br />are a portior, of the security for the indebedness herein stated. (If 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 propertc; that the <br />same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and <br />defend the title aforesaid thereto and every twit 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 ~ 45 000, 0~ ,signed by ~Farl J. Hardv and i,inda _R_Hardy <br />in behalf of r. tv G <br />also, as such note or notes may from time to time be modified, renewed or extended in writing. <br />In the event tht title to said real estate is transferred, or contracted [o 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 elecrion of the holder hereof. Failure to exorcist this option because of transfer of title as above stated <br />in one instance shall not constitute a waiver of the right to exorcist the same in the event of any subsequent transfer. <br />t. The mortgagor covenants and agrees as €ollows: <br />a. To promptly pay the indebtedness tvidenced- by- sa{d pt'rotnsssary note ~t the tames-and in the manner <br />therein provided, <br />b. To pay all rates, asussntems, water rates, and othtr governmental or tnuttiCipt,1 eltacges, fitter;; or <br />impositions, far which provision has not betn made'tereinbefore, attd wall promptly deliv$r the af~tcial tY'CCtipts <br />therefor to the raid mortgagee. <br />~. T`o pag such erncn.ct. and ?ves as may ~ incurrdd in ttiC prateciicxt and :btiir.(cn~zCe o,' :~;.i luiy, <br />tnctuding tttc fees r,rf any atterrney emp)oyed Ely tht rnvrtgageetor t~C tolkrtion of an}' q~## C!ft#1t <br />ttci ns •.cc:ure+.i, :.z t„r c- Ic,;rr.r },; mortg:attee's gala. ut ,:atrrt teroCttxlirtg5, br_ 1n ate. CItItCT' lii[~ptflwt or gra[asad}ut~ <br />7 <br />`~ - - <br />~.~ ~ <br />~. 7~ <br />-a <br />