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<br />MORTGAGE 82-- -~04322
<br />CONSTRUCTION SECURITY AGREEMENT
<br />HIS MORTGAGE is made this.... 29th day of Septertther . _ ,
<br />19.8.., betwattn the Mortgagor, ,DARRELL .D.. PETERS. AND..SUSAN, C. PETERS , .husband. and ,wife. ,
<br />.... ..................... therein "Borrower"1, and the Mortgagee. Home Federal
<br />Savings twd Loan Association, s txtrpotration organized and eaiating under the taws of The United States of
<br />America, whOasaddteas is 221 South Locust Street. Grand Island, Nebraska (herein "Lender").
<br />Wtteaets, Boaower is indebted to Lrnder in the principal sum of.f~~. FIV~,THgTT$q~Q _ANO. NAJ.1.00-.
<br />-,-------------- -----------"-°-"'.:'Dollars. which indebtedness is rvidenced by Bortnwer's note
<br />dst~l. , Septetrber. 29,, .13$2 , , , . , (herein "Note'" ), providing for monthly installments of principal and interest,
<br />with the balance of the indebtedness, if ntu soonrr paid, due and payable on... ~@C~bP-J". 1_, .1447..... - • - -
<br />To Sac~~ai: to Lender (aj the npaymrnt of thr indebtedness .vidrnecd b} the Note, with interest thereon, the
<br />paytir~nt of all other sums, wish interest thrrrnn, advaru`ed in accordan:~r herewith to protect the security of this
<br />Is~ortgtige, alai the perfotmancr of the covenants and agreements of B.rrrower herein ;:ontatned, and thl the repayment
<br />of any future advances, with interc~ci thereon, made ter &arrcxwer by Lender pursuant to paragraph .1 hereof (herein
<br />"Future Advances"1, Borrower does het~y tttc+rtgage, grant and convey to Lendrr the fotlawing dese rihed property
<br />it~a€ed in itte County of ................ . ...... ........ .... .State of Nebraska:
<br />LOT SEYEN (7} IN BLOCK ONE (T} IN GOLQFIIAL ESTATES SUBOFYISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />~~~ .-_T2O1 PTant:ation Place .,,,.., ... .t;rand_.I.siand-_.._....,,
<br />jsawstt cQrtt
<br />- Netrrfl5ka, , T...... (herein "f°toprrty Addrets°3,
<br />a~ s~ twee
<br />Tt7rrfiTHEa wtt.'t all ttAC #atl.+r:~~ma.=3t: tsrxv ex iterrafizr ercrtrd ~rrr the prtap::rt, attd al# ra.,.=-~~,rts< rights.
<br />retstt, toyadtits, tatineral, oil anxt gas rights ataf prrdilts, wets[, rater rights, and wstt~ k, and all
<br />6attutma inow or hatratter tdratchntl W the prislxrt~, ail of whm:h. itsc#uding rrplartxents 3n[i addihotts ,ic.<.iu..ahatl he
<br />t~ to=be i+~9 ttcy~tgt at part of tba przf+crty .aavemi h4 Shi€ ?~#nrt; arxf till arf the Cntegtjing, tigrther wirh said
<br />,~rpetty qta thr i~ etuaic if this 11At*rtgtuge b on a ic~rlxrld? err ltCrctn rrferrrd to as thr "Prtgri€tt}"
<br />;lkr t~1 that Borravrcr is lawful#y sas~d eat ibr s+tatr hcrrbY conveyrd and ha,, rite right to mortgage.
<br />t sad ~tita*rty tAs ~t'LY. tt~t liar I'rt.petrr is unrttcumbrtrd, and That Barrr,+ver will warrant xttd rictrnrf
<br />~a.r~y m the ptvpErir apsitat a2# t{tutta and deu4at~ ctibjsat to any skriaratnrets, casrments or trstrictkxts
<br />hstt+i ~ a ~ of ~ tai :.'~r»rrag+t to ant rs!!c iz~aaxn~~ pc-~ta ~~ ir~oring t~.-wxka z ttrtrmt to thr Pro~rti.
<br />._.t er t iaergr-.-a; n--iilil0,'tiltllt tltNt#~i1 alt3iftlMkt
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