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MORTGAGE 85- 004458 Q IF CHECKED, THIS MORTGAGE SECURES FUTURE ADVANCES. I THIS MORTGAGE is made this llt>hhr day of y� SoFtttttnbst , 19 �_ , X17 s Y k ltletty At ' er "ByorRtower , and "tTirl►�ortgagee, • a corporation organized and existing under the laws of Delaware, whose address is �3 forth *" ^ "'* StrNt (P. 0. )soy[ 16110 _Nebms -1- 68809 (herein "Lender "). The ronowleg pangrapb preceJel by a cbeeked box is applicable: ❑ WHEREAS, Borrower is indebted to Lender in the principal sum of U.S. S which indebtedness is evidenced by Borrower's Loan Repayment and Security Agreement dated and extensions and renewals thereof, including those pursuant to any Renegotiable Rate Agreement, (herein .'Note"), providing for monthly installments of principal and interest at the rate specified in the Note (herein "contract rate ") (including any adjustments to the amount of payment or the contract rate if that rate is variable) and other charges payable at Lender's address stated above, with the balance of the indebtedness, if not sooner paid, due and payable on lZ WHEREAS, Borrower is indebted to Lender in the principal sum of S lb tn00 -00 or so much thereof as may be advanced pursuant to Borrower's Revolving Loan Agreement dated /11/6 and extensions and renewals thereof (herein "Note "), providing for a credit limit of $ IA 500 -00 and an initial advance of S ° 860 6 TO SECURE to Lender the repayment of the indebtedness, including any future advances, evidenced by the Note, with interest thereon at the applicable contract rate (including any adjustments to the amount of payment or the contract rate if that rate is variable) and other charges; the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; and the performance of the covenants and agreements of Borrower herein contained, Borrower does hereby mortgage, grant and convey to Lender the following described property located in the County of Hal ' State of Nebraska: The easterly 43 feet of Lot 9 and westerly 28 rest of Lot 3A, Block 9, Morris 5th Addition to City of Grand Islands Hall County, Nebraska• whichhaatheaddressof_..1"2 fast 19th Ste Grand Isla>dd Istr"11 (City) b._�� Nebraska �_ ��. -.- — «- - - ®_m• (herein "Property Address "); (tro CNot appurtenances TOGETHER with all the improvements now or hereafter erected on the property, and all casements, rights, and rents, all of which shall be deemed to be and remain a parr of the property covered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a leasehold) are hereinafter referred to as the "Property." Borrower covenants that Borrower is lawfully seised of the estate hereby umscycd and has the right to nuxtgagc, grant and convey the Property, and that the Property is unencumbered, except for enrumhtances of record. Borrower covenant% (hat Borrower warrants and will defend generally the title to the Property against ali claims and demands, subject to encumbrances of record, j H011114 12 NI' rt x61