|
i'""
<br />~'.~~J~
<br />+Di~i)tis3~~
<br />tnu~rtg maQe aZd entertd into ibis. 8th day of Octot3er
<br />I4 t31- by and beiweert Joel C. xoffman and Sharon L. xofftnatt, husband and wi£e with
<br />right of survivorship.
<br />(ltereinaYter referred to as ttrortgttgor) and Ccnmmerciat Nat~otz$t Bank and Trust Company
<br />{hereirtafter referred to as
<br />tttcn'tgagec~, -who maintains an offitx and place of business at 424 West 3rd street in Grand Island,
<br />HSII County, Nebraska.
<br />Vt'iSeTtt, that- fa` the consideration hereina€ter stated, receipt of which is hereby acknowledged, the mortgagor
<br />dxs hereby mottg~ge, sell, gragk assign, and convey unto the mortgagee, its successors and assigns, all of the foi-
<br />kiwinE 'lk'YY s-~~ ~ ~~ in the County of Hali
<br />State of Ntff~ka.
<br />Izst•Elev+en (11) and the Easterly 2.5' of Lot `Pen (lo), Block Threw (3), Pleasant
<br />view 9esn?nttr Subdivision, City of Grand Island, xall County, Nebraska
<br />to~athcr-with all-rite tertementa and appurtenances thereto belonging; aIt'the-ants, issues and profits thereof, and all
<br />eaaeasents; r~bts, royaltita, mirtora4 oil and gas rights ami profits; water, water rights; attd water stock. and5rtcluding
<br />cell heatit>~ plumbing; refzlgzration, tlghtins, ~uipmeni-and' all filtrates of every description bclvtrgipg; t4 ta~z
<br />~r ,tow or hcrfter attached thereto or user! in connection with the prranlse-s hzrzin d+rib€cl and in asidition
<br />thereto the followitttt described properties which are and- shall be deemed to be fiirtures and a part of the realrv, and
<br />are a portion of the seettrity for the indcbtedneas herein sated; (lf norm, start"none°') None
<br />'Fa !rave and to bold the same unto the Mortgagee, as herein provided:
<br />Thp nmttgAgor is lawfully seized and possessed of -and has the right to sdF and convey said property; that the
<br />same : is free front ail eneumbraneea except as hereinabove reared, and that- Mttrtgpgor covenants to warrant and
<br />dofend the title aforesaid thereto and every part thereof against the claims of all persons whomsoever.
<br />itst~trutncni is 8
<br />in thta, principa) sum. of
<br />ip behalf of
<br />secure the payment of a promissory note-dated Octokrer 8, 1981
<br />Ot1q.0o signets' by JaeL C: & SFiai:on L~~~--~ Ho~msiz
<br />iiti~Ivea -
<br />also, ac such-note or notes taay €rom-tune to time be modified, renewed or extended in writing.
<br />In ire evens the-title to told real Warr= is traasfe_rred, or twtttractad, to be trapr:[erred,-from the uadersiW-ed for any
<br />e>s ~Y aaexhod wbatnoaver, the entire prindpal sort, and accrued iatcrcat shell at once become due and
<br />pltyat+~ ai tix eiee:tion bf-the holder hereof. pailure to exercise ibis opu'on because of transfer of ntle as above stated
<br />re uASie'ac,~: sbai; nos, constitute a waiver of the right to egtereaate the. same in the event of any subsequznt transfer.
<br />1. 7'be 't1+Ag4e' eov~ISAtt;,agltd agr~s ere foibws:
<br />a. 'i'ce. pitdgoptiy taitY thr'indebtedat~ Cyide&ce~° by -said proasissflry ,tote at ttte tittws and in the mannzr
<br />l~ereia prom
<br />b: Tv 'pity all tares, astesszttents, water rates, and other governmental or municipal charges, fines, or
<br />tsQio»s, for vghiCh-provision has- not been made hcranbefote, and wilt promptly deliver the official receipts
<br />therefor to the said mortg.
<br />e. To pity such, expenses and, -foes as may be incurred in the protection and maintenance of said Properey,
<br />thi• f of any-~ sloyad 6y Ute :ttg, f~ thz kofkction of any or all of the indebted»es3
<br />hereby secured, err foreclosure by mortgagee's sate, or court proieedingt, or in any other litigation car proceeding
<br />affecting said property.
<br />
|