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BI--U02135 ~/jQR'~'GA~E
<br />This mortgage made and entered inro this ___ 28th day of ___ April
<br />19_$1__, by and between Earl J. Hardy and Linda R. Hardy, Husband and Wife
<br />Joint Tenants with Rights of Survivorship
<br />(hereinafter referred ro as mortgagor) and Commercial Nationai Bank and Ttvst 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 />Wfft•tESSETH, 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, alt of the foi-
<br />lowing described property situated and being in the County of Ha11
<br />State of Nebraska.
<br />Lot One (1), Nottingham Estates Subdivision, in the City
<br />of Grand Island, Nebraska
<br />together with all the tenemen[s and appurtenances thereto belonging, all the rents, issues arcd 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 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 tollo.rin de,..ribe ,ro roes :which .,re and shall be de...„ed ,,, b fi u , „ .,ally d
<br />g c ; pe e xtures ^rd a par ^f the ~ an
<br />are a portion of the security for the indebtedness herein stated. tlf 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 properq; that the
<br />same is free from ail 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 all persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated April 28, 1987. _ _ _
<br />in the principal sum of $_ SS 000.00 __, signed by Earl J. Hardy and Linda R_ Hardy
<br />----
<br />in behalf of _ _ rhPmaP I vPS ____ ____. ______
<br />also, as such note or notes may from time co time be modified, renewed ar extended in writing.
<br />in [he 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 the election of the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shah not constitute a waiver of the righ[ to exercise the same in the evene of any subsequent transfer.
<br />i. The mortgagor covenants and agrees as fotlpws
<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 rate>, and ether governmental or mwricipal charges, talcs, or
<br />impositions, for which provision ha., not been made hcreinbefore, and viii promptly aeha=er floe oft~rial rc~eip~,.
<br />therefor to the-said mortgagee.
<br />;;. fo pay such expenses anti tc~> ,: ntal be in~ttrred itt the protecuc>n ,ntd tnuintettan~c ~}t ~atu nc,~t~c;c:,
<br />including the fees of any atrorna;y eatployed by the morttragce fot the colfectiort c,t alto ~±r .tli ;3t the inlet?tcdne~>:
<br />hercny serutrd. ;r: Itrtc.L,;,tac fn~ mvttgaKee'+ ;ale, sir onrr t.rt.,ccdin~, ,:c n; a,a ~ tlty ~,~ e,n -,~ , ,,~,s~ic,lu,t
<br />iai te~2t1Y~ tia;t3 ;a[ 4 trt'11.
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