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MORTGAGE sI-- r)G239x
<br />This mortgage made and entered into this Sth _ day of ~Y
<br />19__.$1., by and bdween c9atton Glaes t:cr,
<br />(hereineftsr referred to as mortgagor} and Comtneraai Natitanal Bank and Trust Company -
<br />(hereinafter referred ia'ar
<br />ttnortgagtxl; who maintains an office and place of busircess at s%2a best Third streEt in Grand Isiadd, - -
<br />HalFCounty, Nebraska.
<br />VVt'trrgsSErH, that for the rnnsitieration hereinafter stated, rtceipt of which is hereby acknowledged, the mortgagor
<br />does" hereby mortgage. sell, grant, assign, and convey unto the mortgagee its successors and assigns, sU of the fol-
<br />lowing describal property situated and being in thrCounty of Hall ,
<br />Mate of Nebraska.
<br />Lets One L11, '~ (21, and Three G'.3 , .Black Sixty (601 , Oziginal mown r 6zarid Island,
<br />Hall County, Nebraska knovm as 312-316 North Elm Street, Grand Island,-Nebraska.
<br />together with ail the tenements and appunenancts thereto belonging, alt the rents, issues and profiu thereof, and afl
<br />easerrtt:nts, rights, royaltits, millers!, ai! attd Ras rigY,ts and profits, water, water ri>;hRS, and water stock, and inc.dding
<br />a## heating, plumbing, refrigerstian, lighting, ec#uipment and all futures of every descripeian belonging to the
<br />mortgagor now at hereafter attached thereto or used in carmrction with the premises htuin describct# and in addition
<br />thereto the fotlowittg dasenlied properties which are attd shalt he deemed to he fixtures and a part of the realty, and
<br />are a portion of the security for the ittdclxedness herein stated. ; if none, state "none")
<br />fio have and in hold the same unto the Mortgagee, as herein provided:
<br />fine rortgagor is lawfully seized and possessed of and has the right to se## and convey said property; that the
<br />same is free €rom all encumbratuynr except as hereinalusve recited; and that Mortgagor cavcnants to warrant and
<br />defend the tide aforesaid thereto attd even part thereof against the claims of sit persons whomsoever.
<br />This it~strutttetu is given to scettre the payment of a promissory note dated ~,~ 6.._.,1sg8?______.___.__~..__.
<br />in-the principal sum of S 1I5,0A0.OtI_w_~- .signed by _7xalnh [tattoo ___..____T____.____.__
<br />in lx#alf of Hatton Glace Ca,__-----_.~._._._.._------------._.__.. _ ._ ___._^-___-.-
<br />also, as such rtae ar Dotes may from time to time be modified, renewed or extended in writing.
<br />In the event the title. to said teat esrau is transferred, or contracttd to be transferred, front the undersigned for any
<br />ret~a ~r 4y arty rrtdhod whatsoever, the entire pritu~pai sum and acs.-rued interest shalt at once berartte due and
<br />payrebk at the elusion of the holder hereof. Failure to exercise this option be.•suse of transfer of title as above stated
<br />in 4t4Cin5tartt;t shtdi ntat constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />!. Fjte mortgagor cpvertants attd agrees as follows:
<br />'#'~ t?ay ilu ituledxedness evidenced by said promissory Wort at the tunes and in the manner
<br />there.
<br />b. "Ft- p.y all faire,, aasecsmcrtts, water rates, and other governmental ar munii~pal charges, fines, or
<br />._' ai~lt'provltris»t has not been made hcreinbeforc, and will prt?ntptly dehv~r the officiat rcteipts
<br />trrfor to:ftx -raid rm~rtgs~e.
<br />t- T~ Paty suelt cx~ and fens as tnris tae irrr`trrrtx# in the prr3tectirtn and nraintenattcr c?t void t~faprtty.
<br />~s6 the feiar ssC nday attctrttey ern~loycd lay flee ntort~ fur tkc cail~v~tilin of anx or s1t of the indet+tetfttess
<br />itcc3+tbg trtcd, ~,~t (€'ne~faxtrtr tsv rtt€~ttgaltcc'~ safe, rsr t33ur1 praexrrlt,ty<. c~ rn aoc csthrr ,=.t9gattcsrt ajt ~rcxetditrg
<br />gf€t~irta prrt~rtr.
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