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<br />M~R'TGAGE
<br />~l-OG239~
<br />This mortgage made and entered into this 6th ~y of May ,
<br />14-81 . by and ~t"~ watton Glass Ca.
<br />(heratratttr referred to as ttsortgagory and Commercial National-Bank and Trust Company
<br />{ltaeinafta refetxed'to as
<br />rttortgagee), who maintains an office and place of business at 424 ties[ Thud street in Graetl Iaiand, -
<br />[iaU County. Nebraska.
<br />Wt'trtlE:SStZ'tt, that far the consideration hereinafter stated, receipt of which is hereby at:know}edged, the tnctt~or
<br />does hereby mort~ge, sell, grant, assign, and convey unto the rttortgagex, its successors and asttigns, all of the:. fob
<br />lowing described property situated and bang in the County of Hal l
<br />State of Nebraska.
<br />Lots One (lt, '1Sto (2t, and Three (3},-Block Sixty (hot, original Town, Grand Island,
<br />Hall County, Nebraska knorm as 312-316 North Elm Street, Grand Island, Nebraska.
<br />together witfi aft the tenements and appurtenances thereto heiangtng, all the rents, issues and profits thereof. and al{
<br />easemenu, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />alt heating, plumbing, rrfrigcratton, fighting, equipment and arl fixtures of every description belonging to She
<br />mortgagor now or hereafter attached therMO or used in connccuon w°nh the premises herein described and in addition
<br />thereto the following described properties which arc and shah he deemed m be fixtures and a part of the react„ and
<br />are a portion of the security for the indebardttess herein staled. t if Horn, state "none"'}
<br />To have vrtd to hid the same unto the Mongagee, as herein provrded:
<br />The mortgagor is lawfttlty seized and possessed of and has the right to sell and convey said property; that the
<br />same is frtx from aft encumbratt~YS except as hereinahave recited: and that Mortgagor covenants to warrant and
<br />deftnd the title aforesaid thereto and every part thereof against the claims of all persons whomsoever.
<br />This instrument is given to scatre tht paytrnnt of a promissory note dated Psav 6. t vat
<br />in the prineipar sum of ~ I3rJ,irt1Q.~ __ ,signed 6y -~Fb RFa t-rnr,
<br />to behattof Batton Glass Co, __^__
<br />also, as such [tote or ttcnem may from time ro time be modified, renewed or extended in writing.
<br />In the event tht tick to said real estate is transferred, or contracit:d to be transferred, from the undersigned for any
<br />reason or by arty memod whatsoever. the ent#re principal cum and acaued interest shall at otme becortu due ami
<br />payabk at the erection of the 6atder hereof. Failure to exertase this option txcause of transfer of tick as above stater!
<br />in Otte Instance scaU Hat constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />t. The tnatragor coveamttta ant# agicc, as fotiors:
<br />a. Ta ptutstptly pay the indtbtulntess evidenced by said promissory Hatt at tht times attd in [tie tttattr~
<br />therein pct.
<br />h. Yo vay ail taxer, assessments, roster rates. and other govFrnttxtttal ar rnaaicipal charges, fitrcs; or
<br />irnpgaitieats, fix whit:b provision has not trees made hereintxftue, and wit{ pratrrplty delisirr the off~txal rrsxipts
<br />€herrftx lathe tutsd rnort.
<br />r_ Tea t+ay surf[ ee(ae3tses and fceh ac may be it~ttrtett in the prc~tet.~tinn and ntainitnance ttf said ptY•
<br />irtClu~ng the fbas of arty at[rn:nry emp-cryed by the ttrmtgagee fctr ttu coliectroct of ttny or aft of fhe tt#bt+edttt*~
<br />hcr±tsr sratrttf. ,sr fexcsfst~sure fly mttrtga~cr`a salt, rr »wrt prre..eedings, cu in tins' ctthcr titigatiAtn txr t+rotvtrding
<br />affe;-ttng satd pt+~trt?
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