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~~~~
<br />~~.r... tlU~.
<br />' ~ 'and catered intCro eltis ~ dap of aet.~t~t-
<br />€9 81 ~ ate t~ ~Y Const_racti4rtr Znc t ,
<br />(~reittafttr rtferrsd to as mortgagor) alai Commercial National Bank artd Trost Company
<br />(hereinafter refetzed to as
<br />raertga~ey, vrho maintains an office artd place of business at -424 t~g± Thi r~ street in Grand Island,
<br />vial( Ct>staty, Nebraska.
<br />VIFt'rH, that for fire consideration. hereinafter stated, receipt of which u hereby acknowledged, the mortgagor
<br />does leg tsmrtgsge, sell:, grant, assign, and convey ttato the tttortgagee, its svccsssors sad zsigns, all of the fol-
<br />ciesert'ber~ psroperty situated and being in the Ccsunty of Ja; ;
<br />Stan of Neiaraska. ~~a~=
<br />List: O9ttd Fiturdrerl Forty- 5evert 01471. in Euenav3sta Subdivi:sionr an Addition to the City
<br />O€ Craad "Island, 2de€iraelta,
<br />togsther with aU the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, sad aU
<br />easeateats, rights, royalties, mineral; oil-and gas rights and profits, water, water rights, and water stock, asd including
<br />aif heating, phtatbing, refrigeration, lightsng, equipment attd aU fixtures of every description belonging to the
<br />mortgagor sow or hereafter attached thereto rr used in connection with the premises herein described and is addition
<br />thereto fire following described properties which ace and shall be deemed to ~ fixtures and a part of the reatty, and
<br />arc a Perrier o: t sectt.;ty for the Indebtedness herein sued. a if none, state `mane"}
<br />'to.laaue ~ to- ~ satttc onto the ~, as het~tt provide
<br />Ftle aaoetptEor is lawfully seized sad- possessed of and- has the ri6ht to sell and convey said property; that the
<br />same is free from alt encwnbrancas except as hereirtabctve ree'ted; attd that Mortgagor rnvenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against fire claims of all persons whomsoever.
<br />This irtatrnmene is given to isyeACtutre the payment of a promissory note dated ~:tolier 13 1981
<br />to tEK' prmctpai Sum of S 18 r~r~ ,signed by ..Stan] Etv R c- rr; Q
<br />in behalf of oY Coastructiort= Irtc. .~ Jr,
<br />also, ~ aatclt aoteor Motes may from time to time bemodified, renewed or attended in writing.
<br />in the ev~tt the retie to said real caseate is transferred, or contcaMtxt. to be ttagsfetred, from the undersigned for any
<br />raMt>a or by say, tneelt0d whttttoever, flee entire Principal sum. and atxrued intereu shall a/ one become due and
<br />payable at the t-ecdon of the ltoider hereof.. Fstlure to exercise this option bes~ttse of transfer.. of title as above. stated
<br />in cant uts-au4=shelf: teat constitute a waiver of-the riche to exercise the;sattlz ia,the event of any subsequent transfer.
<br />t. 't'heercavenantauud:agreea:aa;faUQwa:
<br />a• ~ ` evidea~tl by 's+~d promissory note at the tittles and in the manner
<br />thttan peovided
<br />b: ~'o ~' elk- taxm, s~essmants, water ritkes, and other governments! or municip¢1 charges, fines, or
<br />iRiPtlfieions, for whiclf provislort has not- been made hereinbeftxe, and. wilt promptly deUvcr the official receipts
<br />ih$refor tt> the stdd morig~rgea.
<br />C, "fo pay stint- expeaaes alai fees as may be incurzed_ in -the protection and maintenance- of said property.
<br />therm fire fe€s of°ony attsrnty etnployad Ity the mortgagee for the coUect'ton of any or all of the indebtedness
<br />t~-reby r~l, or foreclosure by mortgagee's sale, or eo:~rt prcueeelirtgs, or in any other litigation or pr,<_eedi!tg
<br />aria'cting said property.
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