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s1--t~a2~37 1VI~R'~~~GE
<br />This mortgage made and eneered 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 Nations! Bank and Trust 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 />R%ITNESSETH, 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 Three (3), Nottingham Estates Scbdiviswn, in the City of
<br />Grand Island, Nebraska
<br />together with all the tenements and appurtenances thereto helonging, 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 />al) heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter attached therero 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 fixn~res and a past of the reaidy, and
<br />arc a poriiuo ui the security for the indebtedness herein stated. (If none, state "none"1 None
<br />To have and to hold the same unto the tilortgagee, as herein provided:
<br />The mortgagor is lawfully seized and possessed of and has the right ro sell and convey said property; 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 part thereof against the claims of al) 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 $ as, neo. oo ,signed by Earl J. Hardy and- Linda R. hardy
<br />in behalf of _ t-hamcalvPa __,_____
<br />also, as sash note or notes may from time to time be modified, renewed or extended in writit-g.
<br />In the event the title to said real estate is transferred, or contracted to be transferred, from the undersigtted far any
<br />reason ar by any method whatsoever, the entire principal sum and accrued interest steall at once beeQme_tHiR attd
<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 shall not constitute a waiver of the right to exercise the same in the event of any subseguenE transfer.
<br />The mortgagor covenants and agrees as fellows
<br />a. To promptly pay the indebtedness evidenced by said promissory note at the times and in the manner
<br />therein provided.
<br />b. To pay all taxes, assessments, water rates, and ether governmental or municipal charges, fines, or
<br />impositions, for which prevision has nor been made hereinbefore, and will promptly deliver the nfticial receipts
<br />therefor to the said mortgagee.
<br />c. To oav such espen.es std :e:. a.. „sr. tic nt~wreu m the protesttor, and !namtcnan:e nl weld pra{?erty~.
<br />including the fees of any auarnc} employed by the mortgagee• for the ::oltncnort of any ~a al! ,N the tndehtedaes.
<br />herehy iecurcd, ur li~reilr~~wc he rnuttt;uptec', .,tie. r~: ~uurr pt,i:rrdmF~. ~~~ 't~ a~n ~±~ti~ ~ tr.~r.iuou :n ;~rt,c~w•dute
<br />aft'c.~unu .,lid n:ots~•~is.
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