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~L-uc~~13t~ MORTGAGE
<br />This mortgage made and enterer! into this ___2-~th__._____. day of ___._AOril _._e______ __~,
<br />19_81 ,bvand between Earl J. Hardy and Linda R. Hardy, Husband and Wife
<br />Joint Tenants with Rights of survivorship
<br />(hereinafter referred [o as mortgagor) and Commercial National Bank and'irust 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 />WlTNE5SETH. 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 Hali
<br />State of Nebraska.
<br />Lot Two (2), Nottingham Estates Subdivision, in the City of
<br />Grand, Island, Jebraska
<br />together with all the tenements and appurrenanees thereto belonging, all the rents, issues and profits thereof, and atl
<br />easements, rights, royalties, mineral, o'rl and gas rights and profits, water, water rights, and water stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all frttures of every description belonging to the
<br />mortgagor now or hereafter attached thereto or used in connection e tth the premises herein de~;cribed and in addition
<br />[hereto the following described properties which are and ,halt he deemed to be fixtures and a part of the realty. and
<br />are a portion of the security for the indebtedness herein ,rated. I if ^one, ,rate "none"z None
<br />'Co have and to hold the same unto the Mortgagee, as herein provided:
<br />The mortgagor is lawfuiiy seized and possessed of and has the right to sell and convey said property; that the
<br />same is Cree from all encumbrances except as hereinabose recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against the Maims of all persons whomsoever.
<br />This instrument is eiven to secure the payment of a promissory note dared Aril 28, 1981 _
<br />- ---
<br />in the principal sum ot" ~.___~ %• GGG. 00 _____ _,. ____, signed by _Eari J_Hardy and Linda R. Hari
<br />Y
<br />in behalf uf` --___-___.--- titetaselves ____._~..__- _--.__------_-__ _- - .
<br />also, as such note or notes may from time to time be modified, renewed or extended to writing.
<br />In the event the title to said real estate is transferred, ur contracted to be transferred, front fhe undersigned for any
<br />reason or by any methaa whatsoever, the emire principal sum and accrued inreres[ shall at once become due and
<br />payable at tfie election of the holder hereof. Failure to exercise this option because of transfer of title as above ,tared
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any ,ubsequent transfer.
<br />1. The rnurtgagor covenants and agrees as follows:
<br />a. Ta promptly pay the indebtedness eridc;:~ed by said promissory note at the times and in the munncr
<br />therein provided.
<br />h. To pay atl taxes, assessments, wafer rates, and tither governmental ur ntunicipat charucs, !lnes. ~~r
<br />rmposztions, fee which provision has neat been made }rereinbeforc, and wtli promptly <leliscr tltc uCfi.ial rrcegn~.
<br />therefor to the sand evortgagee.
<br />a. Fr7 t+ay cuih eK~r,.es anal teen ; a may- t±e ittctrrrs.9 u; the t~rt3tectnm :tnJ maunatrarss~- ~,t ::ud ['r ,~peu~_
<br />rrsciwdir[g the fee, al titre ~zttusrrry entployet2 ]ry ttre mortgagee far the zolic~rtartr .~1 tiros ar aii crt tnc rudeht~dn~-..
<br />ttv,'rchi ~'.:[3rrr:. =.r tns ~st:uurc t!s in~,~tgagc.c'c ,ale, .,a .u,trt prs~~rrdurk. , r ,u ~r,_ - s ~,~~ !. _ar-,..~ ,~ ,~.-, _~.
<br />;i tt'~,? it;~ -a [a~ t~rsr(xy f ~
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