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<br /> ! 78._ 002'711 MORTGAGE ,
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<br /> � THIS MORTGAGE is made this..............5th.....;.... .day of....... .May.. .... .......... ., .
<br /> � 19 76.,betweentheMortgagor. J.AMES.LI...HOLLLINLELL,.unmacr.ied. .I�AID.MARY.J_..RUSSELL,••u�ma•r•ried `
<br /> ........._................. ...........(herein "Borrower"►, and the MortBeSee, Home Federal
<br /> � Savings and Loan Asaociation, a corporation organized and existing under the laws of The United States of
<br /> � America,whose addresa ie 221 South Locust Street,Grand Island,Nebraska (herein"Lender").
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<br /> WAEREAS�Borrower is indebted to Lender in the principal sum of.TWEN]Y.EI.GHT_TN011.51WD.TNREE•�-IUNDRED � � .� �
<br /> F I.F.TY.ANR A1Q/.100-rrn------r--n--------n--Dollars,which indebtedness is evidenced by Borrower's note
<br /> ` i dated.. ... .Mdy..�,.197$.... .....(herein"Note"),providing for monthly installments of principal and interest,
<br /> t with the balance of the indebtedness,if not sooner paid,due and payabie on...J.une_t,•2I307..............
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<br /> To SEcuxe to Lender(a) the repayment of the indebtedness evidenced by the Note,with interest thereon, ffie
<br /> payment of all other sums, with interest thereon, advanced in accordance herewith to protect t6e security of this
<br /> Mortgage,and the performance of the covenants and agrecments of Borrower herein contained,and(b)the repayment
<br /> ,i of any future advances,with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hercof (herein
<br /> "Future Advances"),Borrower does hereby mortgage,grant and convey to Lender the following described property
<br /> + located in the County of....... ....NALL......... ......... ......... State of Nebraska:
<br /> PARTS OF LOTS THREE (3) AND FOUR (4) IN BLOCK TWO (2) OF SOTHMAN�S SUBDIVISION TO THE
<br /> CITY OF GRA,ND ISLAND, NEBRASKA, DESCRIBED AS: COMMENCING AT A POINT ON 7HE EASTERLY
<br /> � LINE OF LOT THREE, FOUR FEET NORTHWESTERLY OF THE SOUTHEAST CORNER OF SAID LOT THREE,
<br /> r RtR�1NING THENCE IN A SOUTHWESTERLY DIRECTION ALONG A LINE PARALLEL TO THE SOUTHERLY
<br /> LINE OF SAID LOT THREE, A DISTANCE OF 125 FEET TO THE WESTERLY LlNE OF SAID LOT THREE,
<br /> `r RUNN I NG THENCE I N A SOUTHEASTERLY DI RECT I ON ALONG THE WESTERLY L I NES OF LOTS THREE AND FOUR, ;,
<br /> A DISTANCE OF 50 FEET, AND RUNNING THENCE IN A NORTHEASTERLY DIRECTION ALONG A LINE
<br /> ; PARALLEL TO THE SOUTHERLY LINE OF LOT THRcE, A DISTANCE OF 125 FEET TO THE EASTERLY LINE
<br /> �: OF SAfD LOT FOUR AND RUNNING THENCE IN A NORTHWESTERLY DIRECTION ALONG THE EASTERLY LINES `r
<br /> OF LO-�S THREE AND FOUR, A DISTANCE OF 50 FEET TO THE POINT OF BEGINNING, ALL IN HALL `
<br /> � CAUNTY, NEBRASKA.
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<br /> ` which has the address of....... .....�.�.16.South.Gr.eenwl ch.......... ....... ....grand•�s J and•-•, '
<br /> �;. . . . .[StreeU [Ciry] . . .. � .
<br /> ..Nebraska 688,Q�,...,_(herein"Property Address");
<br /> ,. �y.� . . . � [State md ZiP CodQ . � � � � . . 4 ..
<br /> ,,,�, , Tocse'rHex wiffi all the improvements now or henafter erected on the property, and all easements, rights, �-c-. `�� �'
<br /> appurtenances,rents,royaldes,mineral, oil and gas righu and pro5ts,water, water rights,and water stock, and a1l •
<br /> fixtures riova or hereafter attachtd to the property,alI of which,inclading replacements and additions thereto,shall be �: ,#,
<br /> f �� deemed to be and remain a part of the pto�eRy covered by this Mortgage;and all of the foregoing,together with said ;" `R{
<br /> .-fi� property-(ar the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the"Property". �.'t`..''
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<br /> " Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, '� '''"�
<br /> i grant and eonvey the Property, that the Property is unencumbered, and that Borrower wili warrant and defend ".�-i "�" `",
<br /> generally the tide fo the Property against ap claims and demands,subject to any declarations,easemenu or restrictions
<br /> listed in a�chedule of exceptions !o coverage in any tiUe insurance policy insuring Lender's interest in the Property.
<br /> NEBRASKA—i to 4 family--6/75—FNMA/FNLMC UNIFORM INSTRUMENT �
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