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<br />I <br /> <br />MORTGAGE <br /> <br />87- 107290 <br /> <br />r <br /> <br />THIS MORTGAGE is made this, , , ' , , 21::>t , , . . . , ' , , ' ", . . . , ,day of ,Decmnber. ' . , , . , , . . . . . . . , . , , <br />19, a.7" between the Mortgagor, ,Gale, P,.. ,&, Kay. .L., Squir.e" husband, & .wife.",.,.,."".",.." <br />, , , , , , ' . , , , , , , , , , , , . , . . , , , , , , . , , , , , , , ,(herein "Borrower"), and the Mortgagee, Home Federal <br />Savings and Loan Association, a corporation organized and existing under the laws of The United States of <br />America, whose address is 221 South Locust Street, Grand Island, Nebraska (herein "Lender"). <br /> <br />WHEREAS, Borrower is indebted to Lender in the principal sum of. .bline~~ .Niue. Thousand. &. Na/.100. . <br />.~l!l!~~!f~!f.*.*.i!l!~~ ~!f!f~.*,~i!~~~~!f~.*.+:P, ~~~~~~,*.i!~Dollars, which indebtedness is evidenced by Borrower's note <br />dated. . ,O~C~lD.t:~r. _21... J...9.87. . , _ , ,(herein "Note"), providing for monthly installments of principal and interest, <br />with the balance of the indebtedness, if not sooner paid, due and payable on. J.anuary, 1". 2003 - . . . , , . . . , . . <br /> <br />To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the <br />payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this <br />Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment <br />of any future advances, with interest thereon. made to Borrower by Lender pursuant to paragraph 21 hereof (herein <br />"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property <br />located in the County of. . . .. . . .. . . . tlp.!,l. . . , . . . , . .. , , . , .. . , . . , . , . " State of Nebraska: <br /> <br />A tract of land in the Sout.h~lest Quar'ter of the South\olest Quarter (SW1I4SW1/1;) of <br />Section Twenty One (2l), Township Eleven (ll) North, Range Nine (9) West of the <br />6th P.M., in Hall County, Nebraska, more particularly descrit'Ed as follows: <br /> <br />BeEjfl~in~ at a poin~ on the West line 0f County Road as laid out by Count.y Sur..eyor <br />Baldinn 1n 189G, sa1d road ,'unning along the East side of said \~est Half of the <br />Southwest Qt;arter (W1I2SWl/4) of said Section Twent.y One (211, said po:nt being loc- <br />ated l720.9 Feet South and 33.0 Feet West of the Northeast corner (as used since <br />1890) of the Northwest Quarter of the Southwest QuartE)' (NWl/4SWl/4) of said Section <br />Twenty One (211, running thence West at a right angle a distance of 300.0 Feet, <br />running thence South parallel to the said West line of said County Road a distance <br />of 200:0 Feet, :unning thence East a distcr:ce of 300.0 Feet to a point on the said <br />West 11nE of sa1d County Road, running then~e North along and upon the saud West <br />line of said County Road, a distance of 200.0 Feet tc the point of beginning. <br /> <br /> <br />which has the address of. , .~~q . p~pn.e.f'"dt~',2:-. , . . , . . . ., <br />IStreet) <br />Nebraska 68801 . " .. <br />. . . . . . . . . . . . . . . . . . . . . . . . . . . (herem Propert)' Address ); <br />t$tlte Ind Zip Code] <br /> <br />. . . .G.t~~I1<.1, I~).p,.l1q . . . . . . . . . . " <br />ICity) <br /> <br />~-------- <br /> <br />L <br /> <br />TOGETHER. with all the improvements now or hereafter erected on the property. and all casements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water. water rights. and water stock, and all <br />fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be <br />deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing. together with said <br />property (or the leasehold estate if this Mortgage is on a leasehold) arc herein referred to as the "Property", <br /> <br />I <br />r <br /> <br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage. <br />grant and convey the Property, the:t the Properly is unencumhered, and that Borrowl'r will warrant and defend <br />generally the title 10 the Property against all claims and demands, subject to any declarations. ,'<lsenl\'nts or restrictions <br />listed in a schedule of exceptions to coverage in uny title ins\lrancl~ policy insuring l.end,'r\ interest in the Property, <br /> <br /> <br />r"- <br />I-> <br /> <br />NEBRASKA,-,llo 4 famHy-6m-.fNMA/fHlMC UNlfOIM INSTRUMENI <br /> <br />--3 <br />