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MORTGAGE ,~, ~cr~~ss <br />~i . <br />This tnaTtaBge-mach and entered-into this 13th day of Isav ' <br />14~=r by a~ betwcttt CfiC lnvestmanti) <br />(hereinafter referred to as tttertgagor; and Gotncneseial Natiorfai Bartle and 3'rust ~nphay . <br />(hereinaftu t~€crred tdas <br />mortgiigee), who rnaitnaitts an office and. plea of Imsineas at _ 424 l~ Third St: street to C~_ end Uiaad. <br />riall Gwtn[y; Nebraska. <br />WErisT, tltsit far the consideration hereinafter stated, receipt of wlticii is hereby ~,.-the mortgagor <br />M_~ex hereby tnort;age, sdi, grant, assign. and convey unto the mts~tgagee, its snccasors and _ ,-ail of thie foi- <br />owing described-property situattd-and lseing in the County of lfall , <br />Sate of Nebraska. <br />Lot (kte (1) in J. S. C. Subdivision in the City of <br />Grand Island, Nebraska <br />together with all the tenetnents and appurtenances thercta btlot~ing, aA the rents, issues and profiu thereof, and alt <br />ease#ttents, rights, roya}tits, tniaeral, oil and gas rights and profits, water, water rights, and water stock, and including <br />aH hearing, plumbing, refriguation, lighting, equipment and all fixtures of every description belonging to the <br />mortgagor [tow or hereafter attached thereto or used in connection with the premises herein described and in add;[ion <br />thereto the fdllawirtg described propertiGC which are and shall be deemed to be fixtures and a part of the realty, and <br />are a portion of the security for cite indebtedness herein stand. (IF Wont, stale "none") [.tone <br />To have sr~ to hold the saint unto the Mortgagee, as herein provided: <br />'['tit ttttxtgaga i; lawfully sdztd said possessed of and has the right to sett and convey said property; that cite <br />same is Free from tdl entvrtbrances except as hereittabove exited; and that Mortgagor. covenants to warrant and <br />defend lice dtk aforesaid thereto and every part thereof against the claims of sit persons whomsoever. <br />This instrrtmtttt is given to setvte the payment of a promissory Wort dated Mav 13, 1481 <br />in the principal sttta of ~ 4fl.tHTfl.t)D > std by Wi.liiam x. Campbell, gob Wheeler, <br />in behalf of -. Ctie Invest~rilis and James S,. Cannon <br />apia, as [etch noEe or notes may#rom tune to time bt tttttdified, renewed or eztendcd in writing <br />in the eta tits Title to said r~l estate is transferred, or contracted to be transferred, from the undersigned for any <br />raaicn ar by tiny tttethod wtnttsoever, the entire pritttapai stem arKt accrued interest shag at once became due sad <br />ptlynhk at thrtiation of the balder hetrof, Failure to exercise this option 6¢causc of transfer of tick as above stated <br />itt-doe ittt shat! tttx canstitvte a waiver of the: right to exercise tht same in the event of any subsequent transfer. <br />4 The morTor ta3s~tatt€ and sprat ai follows: <br />t><Y tits ~ evidenced by ss3d ptotNissacy Wort at the times and in the manner <br />il. To ppy iii[- Uutts, saltssrt-tnts. warm rates, and ot~' governntental or municipal :barges. fines, or <br />titttss, fat wltidt pro~~t has nqt Iteon mad[ herehtbtfdre, and will promptly deliver the official receipts <br />ttt~afor to tilt said tt. <br />c, To pay srtth t~ and Errs as tnyy be incurretd in the pt'Yttt#ztian aced maimenatue ol" said petrtftrts. <br />the tsss +~' tiny attotwey ttnplayed by the tt~rtgagee fat the ca#leCtion of any or ail of the indebtedness <br />it+nt~#ry s~ttrtd, ~ ft~tosure bs rtseW#gagtt's salt, eye eonrt prtrsltn~gs, or in any' s?{her tittpaUOn c>t pn~ire<f~nu <br />afftctina Laid t~opcrty. <br />