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~ f~ <br />MQRTGA~,~'rE 81i oo2~s~ <br />~ mortgage made and entered into this ..Litri daq of ~Y <br />t9_82__, by and betw~rr t~iC Invaatatants <br />(hereinafter refcrrad to as mortgagor) and Gomtmcrcial-fJatiottat Bnnk and Trt~t Compgay <br />after nefsrred to as <br />mortga~c), who maintaft~ an office and place of business at 42d w~, Third stttxt ia-EtYand Islat3d, <br />fia8 County, Nebraska. <br />Wrtt~ssETw, that for the consideration hereinafter stated, t'eceipt of whidt is hereby led~4d the-mortgagor <br />Mes hereby ttaortgsge, se8, grant. assiga. and convey uttto the taortgagce, its sttocaaors and. u~t, a)l, of the fol- <br />Iowietg described property situated and being in the County of Hall <br />State of Nebraska. <br />Lot Three {33 in J. S. C. Subdivision, in the City of Graced <br />Island, Nebraska <br />together with all-the tettetttcnts and appurtrnattces themes txiontting, alt the rents, issues and profits thereof, and ail <br />easements, rights, royatcits, mineral, od and gas rights and profits, water, water rights, and water stock, and including <br />all heating, plumbing, refrigeration, lighting, cqu+pment and aii iixtures s~f every description belonging to the <br />mortgagor now err hereafter attached thereto or used in connection with the premises herein described and in addition <br />therno the following describxd proprnies which are and shall t+r deemed [o be futures and a part of the realty. amt <br />are a portion of the security for the ittdeu.edness herein stated. tlf none, state "Wane" 3 "lone <br />To !rave ate to hold the same unto the Mortgagee, as heron provided; <br />The mortgagor is lawfully seiztd and possessed of and has the right to sell and Canvey said property: that the <br />same is fret from afl ettcvmbrances ezeept as hereinabovc recited; artd that "dortgagor covenants to warrant and <br />tkf'end the title aforesaid thereto arrd every part thereof against the claims of at! persons whomsoever. <br />7'tri. instrument is given to secure the paytnrnt of a promissory Were dated tsav 13, 1481 <br />tR the prmsipal Sum _oi S 40, QOO.(}tt ~ ~, signed by will last i~ C~~rbell,,,~ Bob:. Ilheele:r, <br />in bthatf of ~ CtiC Invesi~ents and Jags L. Caruron <br />also, as sttcit note or Worts tnaq from time to time be ttterdi£rod, renewed or extended in writing. <br />fn the event tht title to said rat! e~ace is transferred, err contracted to be transferred, from the underaignerl for. any <br />resnexn err by arty method whatsae+:tr, tht entire principal sum sad accrued. interest shalt at once betrome ciue_attet <br />ptitrabk at the ehCliew of the holder hetxcrf. 1Pailurs to exercise this option becaust of trarufer of titre as above stated <br />in-one iastattce shsd tcotcottstitute awaiver of the right to exercise the satin in the evem of any subugadst irsnafsr_ <br />1. Tht aaortpgrtr covtnanu scut agrees as follows: <br />a. To ptnptfq ptty the iadcbtedntsa evidectced try- said prontiraary voce at the tinter sad in the trteStaer <br />ttttsa'cb pt?txxiAa~ <br />b. To taay aii taut, saetssmcrtts, water rates, and-other gavernmetttal or municspal charges, ft`t~, cx <br />ftfe which i~ hats ntrt bttn crude hereiabefore, and will prompttr_- deliver the. oftcial rec~cipcs <br />thor td the ~sa#d mwta. <br />w;: 't'is pVty fi ~ ant! fres as may kM iacurrti! in the prtatcction acrd mainrenaace of said properly. <br />t#e #tta of say attertrcy employed by tits ~ or the crsliec~tian of any or aii rsf the indcbtedaess <br />3rereby xxurcd, cw ittrecirxt,urr h} nrort~tc's +wk. tsr ;:rurrt procreeciiztns. ter its anti t+ther 4igiltatia~n ter prrx.~iing <br />tiffee'rirxgt *aw.i prc'S~tt <br />