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<br />1VI~RTGAtsE ~ 1--• q Q 2.636
<br />This mortgage madrand entered into this 20th' day of May
<br />l9;:$.7.:_, hY atxl-~ Qtarles F. and Colleen E. Lange, Husband and Wife.
<br />point Tenants-with rights of survivorship
<br />(hereinafter referred err as mnrtg9tgar} and Commtraa! National Bank and Trust Company
<br />(hereitnlfier rcferred`to<a;
<br />tt~ortgagee}; wha tnaititains an affice-and place of business at 424 W: Third - strut iii. Graft Islettd,
<br />tfail t~chtnty, Nebraska.
<br />Wrti~ESSETtt, that-for the ~ronsideration hereinaf[er stated, receipt of which is hereby acknotviedged, tho.mgs#gagur
<br />does hereby tnartgage, sett, gtattt, assign, and convey unto the mortgages, iu successors atsd assiggs-:all of the fok
<br />!awing deseribed.property situated and being in the County of Hall
<br />State of TYebt-aslta.
<br />Lot Two (2), Block EZeven (11), t3onnie Brae Addition, City of Grand
<br />Fsland, Hall County, Nehraska
<br />tether with a#l-the tenements and apptrrtenarmes therrto lrclongirsg, ai# thr rrnts. isues and profits thereof. and all
<br />eastmkrtts, rights, rayaltits. mineral, oil and gas nght3 and profits, water, water rights, and water stock, and including
<br />ail heating, plumbing; refei$erario». tighrtnR. ~•auipmtnt :+nd rtl 'ir[ares of rver}' description betangitig to the
<br />meutgagar now err hereafter attas:hed Cher€to ear ttstd is c~~nrectton with tlt€ pr€mise` herein described and in addition
<br />thcrete+ the foliowittg d~xrthed properties which arr and .hail i•r dce^med to be f,><tures and a part of th€ realty, and
<br />arr a portion of the security for the itrodebtedness her€irt sta[rd. elf none, :tatr "none") None
<br />To bare and to bald the sarnt unto the 4Sortzaget, as her€tn prx*videtl:
<br />The nxtrtgagor i.s lawfully seued and posstssal of and has the right to .ell and convey said property; that the
<br />same is free from all encumbrances eacepi as hettmabove rttitexl,' and that tiangagor covenants to warrant and
<br />defend the tint afnresaid thrrrto atul rvery Dart therrnl against the claims ~rf alt prrsons whomsoever.
<br />1'9tes ittstrttRktn ix cisrn to .e€7tre the paytnent of a promissory note dated _.._~__ ">3?'3~1981
<br />----
<br />ip the principal sum of 3_._'~.1•.~~~.-`•~.-_,_._.._,.___-.-..^__-, <igncd by _,_C~les,F, arid,(bileen E. Lange
<br />in ltChil<f of _,.__.._ _._.____. _. '=l't~B.~xVES__ .
<br />atvu. as wc?r Holt or notes may lrtrm trine to time tx modifred, renewed or rxtcaded in writing.
<br />to ilk treat the title to said real esrare is trarc4ferrtd, ar contract€d to lee transferred, frtxtt the u6dersigtxd for any
<br />stataet car by auy taethad whatstxvzt, the entire principal snm and acx;rued interest shah at once baome due and
<br />payable ai itte electian of the balder htreaf. Failure to tacerrise this option because of transfer of title as above stated
<br />in ante ire sha}> Hen sronslitnte a waiver o[ the right to tsacise the same in the event of any subsequent transfer.
<br />'fete rtenttgagor revenants arttl astets as fvilows:
<br />a. "t8 )trcttngtJy pay the inrielyttnltttss evitictttxtt by said prpmissory nt~te at the tittt~ and in the manner
<br />el~±eitt prsavidad.
<br />b. Ter pity ail tax€s, axsexame~tu, water rates, and other governmental cx ntuniripal charges, Ctnes. err
<br />irnpostticitts, far which prarisiott has ttixt ttettt math hereinbefore,'and will presmptly dtltier the oft+rial rerripts
<br />ritc~tnr to the m~tr€.
<br />c. To pry stint expenasa #tsd tcea as m»y lretn¢trrrtd in the {art>ferttmr and rrtaintrttanct of '.aid lrn+lxrtt,
<br />t~ tint ft+or c+# 9ttiy attcutnay +etntslttxretl #sy flk ri~rtgatttet #tu the collection of any i!r a!l of the indehts;,'ucs.
<br />txcr¢lr?r 9tiiifr4Yt. ,'s# t4'rCal;wtitC t54 =3et7Rrt~'t ale. Err cEltfrt pis7~~#'dtn, r?r sit arIS +±tlket )=tiptatiirn ejr (*rtk'r'diCS}
<br />attta{4tt3g 5 tui3 ttf€~tMy"rty.
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