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l~i~I~TGACiE
<br />g~wVV~lVc7
<br />This mortgage made and enterer into this 16th day of November
<br />14~=, byattdbetwetn Fratoraal Order of Eagles; Grand Ssland P~rie 2:0, 378,E (an Aerie of
<br />the Gra3id Lodge of the Fraternal Order of Eagles, a nonprofit Washington Corporation), a
<br />S(~rt~ra~ r~rat Yo as mortgagor} and Cotttmerctial National Bank and Trust Company
<br />(here€nafter referred to as
<br />swrtgaget}, who maintains an affi_, acrd peace of business at 424 Wes mh. ra street in Grand [stand,
<br />Hatt County. Nebraska.
<br />Wtt"N'rH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, self, grant, assign, and eonvey unto the mortgagee, its successors and assigns, all of the fol-
<br />towing describai property situated and bring in the County of Hal l
<br />Stan of Nebraska.
<br />Lots 'three (3) and Four (4) in Block Sixty-Eight (68) in the
<br />Original Town, now City of Grand island, Hall County, Nebraska.
<br />together with aU the ttoetnents and appurtenances thereto belonging, ail the rents, issues and profits thereof, and all
<br />dents, rights, eoyaities, tninera€, a€ and gas rights and profits, water, avatar tights, artt€ water stock, and including
<br />al€' heating, plumbing, rofrigtratioo, (fighting, equipmtm and ail fixtures of every dtscriptioq belonging tt> the
<br />mortgagor now or hereafter attached ttttrtto or used in connection with the premises heron descr€bed and in add;tion
<br />thereto the follorting described properties which ate and she€€ ba deemed to ht fixtures and a part of the realty.: and
<br />ate a portion of the security for the indebtedness herein stated. {Cf none, state '`none"} Norte
<br />To ha.!e ate to latfd~he srttne unto the Mortgagee, as iaertin provided:
<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />saint is free from alt encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of al! persons whomsoever.
<br />This ituttrutmnt is given to securo the payment of a promissory note dated Hslrtfytdaer 16. 1981
<br />in the pt€ndpai sum of S2't(l,nn(L~ .signed by James Art}dt, Chairman of the Board of
<br />in ~~~f o ~,~~~~ Eaa a~__czr_~d island Aeri No. 378 (an Aerie of the /Trustees.
<br />[;rand ge af-~tTi~ F ra erna~~3r3ei~ o~~, es , -non r~f'C~a°sFt~ing on orpora ~ on~'7~aa1
<br />,t~rj,6,
<br />also, as aucPt note or notes may from time to time be mod€fiM, renewed or extended in writing.
<br />In the [vent the Ntle to said teat esptte is transferred, or contracted to be transferred, from the undtrsigntd for any
<br />upon or by arty method whatsoever, tbt entire pr€ndpa) sum and accrued interest shall at once become due and
<br />payabCa at the election of t!-e holder hereof. Failure to extr~st this option btcapst ¢f transfer of title as above stated
<br />is d~ ittt trot constitute a waiver of the right to exercise the saint in the reset of any subsEquent transfer.
<br />I. Tl~ ~ covenants atx! agreat as fo3bQws;
<br />a. To tMwn1WlY pay rite indeetedmess tvidettced by said pronnlssory note at the times and in the manner
<br />ttt~ain provided.
<br />b. To pay all taxes, assesstrnnts. water carts, and other governmental or man€cipal charges, fines, or
<br />impotcitiems, for whklt provision has not butt tnadt hereinbefort, and will promptly deliver the official receipts
<br />therefor to the said truartgagcs.
<br />c. To !my sash ettpenses attd fas as may ~ itr~urrtd itt the protection and maintenance at said prapertt.
<br />incltsdi~ the ftts of any attorney wed by the rnortgaget for the col~tion of any or at! crf the indebtedness
<br />heretty se<'~-Sd, nr fn.e_-lessra try tt~r~sages'; salt. or sr~rt ryei::i'tctirr~[,, crr in any t3thafi titigant3tt nr t?r.-needintt
<br />afittxing said property.
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