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<br />~~.- 002703 ~rIORTGAGE
<br />This mortgage trade and enttted into this 21st day o~
<br />ti#~ .h3!8rtdb~veert' t~r~id R. Iade and. try! F. Lae1e. Husbmnd azid ttife;
<br />..,joint Tenants with rights of stirviricrship
<br />(htteinafttr referred to as mortgagor) and Garnmttcial National );ark and Trust Company
<br />(hereinafter referred to as
<br />ttttxtgageet,-who maitltains an office and place of business at 424. W. Third street in G~td Island,
<br />Haq County, Nebraska.
<br />Wt'l!M83sertt, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, tht mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, aU"of `the fat
<br />lowinis described property situated-and being in the County of Hall
<br />State of Nebraska.
<br />Part of Lot 18, Geer Subdivision of Lots 6, 7, and 8 of
<br />Garrett's Subdivision, apart of the East One-half (E~t)
<br />of Section 9, •.t'ownship 11 North, Range 9, West of the
<br />6th P.H., Hall County, Nebraska, and more particularly
<br />described as: that portion of-Lot 18 lying south of the
<br />southerly line of 20th Street except for the southern
<br />25 feet thereof
<br />together wilts all the trnetnents and- appurtenances thereto belonging, all the rents, issues and profits thereof, and all
<br />easemenu, rights, royalties, ntitxral, oi! and gas rights and profits, water, water rights, and water stock, and including
<br />alt heatiag, plumbing, refrigeration, tighang, equipment and a!t fixtures of every description belonging to the
<br />mortgagor now or hereafttt attached thereto or used in conneetsan with the premises herein described and in addition
<br />thereto the following described properties which are and shat! be deemed to be fixtures and a part oC tfie realty, a,td
<br />are a portion of the security for the insiebt~=ness herein stated. (If none, start "none") None
<br />To have and to how the same unto the Mortgagee, as herein provided:
<br />The mortgagor is (awfully seized and possessed of and has the tight to Belt and convey said property; that the
<br />sa»x is fro from all ettcutnbrartc~ except as hereinabove mired; and that Mortgagor covenanu to warrant and
<br />defend the dtk aforesaid thtteto and every part thereof against the claims of all persons whomsxxvtt.
<br />This iostrttettent is given to secure the paytnatt of a promissory note dated ~Y 21, 1981
<br />in the principal sum of S 38=QOi).00 .signed by C.etrald R. Lade and Cheryl P. Lade
<br />in behalf of . Lhezasaelves Y
<br />also, as stteh note tx notes tnaY from time to Nme be modified, renewed or extended in writing.
<br />to the event the title to said rat! estate is transferred, err cantraaal to be transferred, from the undttsigocd for any
<br />teasat err by arty ttsethod whatsoever. the entire principal sum and accrued interest shall at once become duo and
<br />payaE~ u ~ election of the hokhx herwf. Failure to exttc(se this option because of trattsfcr of title as above slats)
<br />)a oats irattartoe shat) sot cronstitute a waiver of the right to exercige six same in the evrnt of any suhsequrnt transfer.
<br />3'!te covetutnua soul agrees as follows:
<br />it: Ta preatptty pay the indebtedness svtsktxed by said pratnissory torte at the titres and in the manner
<br />h. Ta pay ail taxes, alst:asatcnts, water rates, attd other giivetnmental or municipal charges, f`ittes, err
<br />iat~ats, for tvh3ch ptp?ri)R#on has rat been trade hereinbefare, and will promptly deliver the official re+:eipts
<br />thercfot 4o the said ~,
<br />c; fia tray suds expenses attd fekt as may bye lneutted in the protection and maintenan4~e of said piaperty,
<br />inctti<dittg the fees of iuty attorney employed by the mctrttagce far the collection of any or all cxC the indebtedness
<br />hrrdty secured, err farecktsure by ttttirtgagee'x satle, err court Prcreedin~, err in any athrr li~igatitxn ~r prc+c~•cdittt;
<br />affix:tit~ said property-
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