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MORTGAGE 85- 005541 ❑ IF CHECKED. THIS MORTGAGE SECURES FUTURE ADVANCES. A THIS MORTGAGE is made this IN t day of �Bev^Yal?n r '19 fifillitala T. do deasie A Xeyer Husband & klife herein "borrower "), and the Mortgagee, 14rntgwhn3d 7+inartne rn, n. a corporation organized and existing under the laws of Delaware, whose address is 21.3 ±des+th Ttsnnat Rt3!art (PO Rnx 1Ail!) Liranrl Iala =Aa Netbratska 68802 — (herein "Lender "). The feNewbg partsgralsls precered by a cbecked box Is applkaile: [ X WHEREAS, Borrower is indebted to Lender in.the principal sum of U.S. S R which indebtedness is evidenced by Borrower's Loan Repayment and Security Agreement dated -1 7 /nl / 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 WHEREAS, Borrower is indebted to Lender in the principal sum of S or so much thereof as may be advanced pursuant to Borrower's Revolving Loan Agreement dated and extensions and renewals thereof (herein "Note "), providing for a credit limit of S and an initial advance of S 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 Haul State of Nebraska: Lot One (1), in Block Eleven (I1), in tho Original Town of Grand Island Mw Cit.-), 'Nall County, iiebraskae which has the address or- 503 ^'e s t 7th S t-. r e: e t ___, _� , , rand Island 'Street) Icap ` - --- Nebraska __ _ bflfinl therein "Property Address"): (Zip Coos) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents, all of which shall be deemed to he and remain a part of the properly 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 litiwfully served of the estatr hefrbv conveyed and has the right to mortgage grant and convey the Property, and that the Property is unencumbered, rscept fn enuimhrances of record. Horrowrr covenants that Horr -wet warrants and will defend $rnerally the tole - rhr )fruits against all clauns and droiands, stsbleai to encumbrances cif record mill" a sir � 1 as+