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~ ~ ~ ~ ~ ~ ~ $ MORTGAGE <br />~ ~'~eo.~,flt;,~ <br />g- ~~ ~j 14 31 <br />THIS MORTGAGE is made this....... 28 th ......:......... day of ....February............... , <br />19. ~9. , between the Morteagor, .. ?~ICHAEI, . J, , GALVAN, and MARILYN . J, . GALVAN,. husbamd and, wife, each <br />his -t her own rigrnt; ,and, as .spoygt@~ "Borrower"-, artd the Mortgagee, Home Federal <br />Qf~~e'athu<r .... <br />Savtnge and Loan Association, a corporation organized and eaisting under the laws of The United States of <br />America; whose address is 221 South Locust Street, Grand Island, Nebraska (herein "Lender"). <br />WHEREAS, Borrower is indebted to Lender in the principal sum of..... THIRTY ,E~~~, T1PQU$~ND....... . <br />_APTTD NO/00---------------------------.Dollars, which indebtedness is evidenced by Borrower's note <br />...... e ........................ <br />dated...FeDruar'y. ,28, .1979...... (herein "Note"}, providing for monthly installments of principal and interest, <br />with the balance of the indebtedness, if not sooner paid, due and payable on .... MbI{~H. ~ , . ~QO$ . , ........ . <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 ..................... . . „ _ ... , . , . _ , , , . _ , , ,, State of Nebraska: <br />LOTS SIXTEEN (16) AND SEVENTEEN (17) IN GEER SUBDIVISION, OF LOTS SIX (5), SEVEN (7) <br />AND EIGHT ($) IN GAR1tETT'S SUBDIVISION OF PART OF THE BAST HALF (E'~) OF SIZCTZON NINE <br />(9), TOWNSHIP ELEVEN (11) F~ItTEl, 1tA1~E NINE (9) WEST OF THE 6TH P.M„ IN THE CITY OF <br />GRAND ISLAND, HAI.I, COUNTY, NEBRASKA, EXCEPTING A CERTAIN TRACT OF G120UND DEEDED TO THE <br />CITY OF GRAND ISLAND RECO1?D1:D IN BOOR 138, PAGE 361, AND A TRACT OF LAND FOI11`iSRLY <br />BEING A PART OF A PLATTED ROAD LYING ADJACENT TO AND SOUTH OF LOTS SIXTEEN (16) ANID <br />SEVENTEEN (17), IN G&ER SUBDIVISION, AND AIDDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA, VACATE BY SAID CITY OF GRAND ISLAND ON THE 2ND DAY OF MAY, 1Q62, BY <br />ORDINA,'~1CE Imo. 3805 OF SAID CITY, WHICH IS i30R1? PARTICUr,.A_F.L'i DESCRIBED AS ROLI,OWS: <br />BEGINNING AT THE SOUTHEAST CORNER OF SAID LOT SIXTEEN (1.6); T'~:NCE RUNNING SOUTIr uN A <br />PROLOtrGATION OF THE FAST LZ''TE OF SAID I,OT SIXTEEN (15) FOR A DZSTAI~E OF FORTY (40) <br />FEET TO THE I~IrTIi LINE OF I.OT THIRTY FOUR (34) IN SAID GEER SUBDIVISION: THENCE RUNNING <br />WEST tiN i"'°E 'm;;i~ LINE tiF SAID T,~QT THIRTY FOUR (34) FOR A DISTA.*~Td OF ^MF . ,°.FJ <br />THIRTY TWO (132) FEBT; THENCE RUNNING NORTH ON A PROI,ON(=ATION OF THE WEST I;IftF OF' <br />SAID IAT SEVENTEEN (17) FOR A DISTANCE 8P FORTY (40) FEET TO THE SOUTAWSST CORNER`Ofi <br />SAID LOT SEVENTEEN (17); THENCE RUNNING BAST ON THE 3017TH LINE OF SAID LOTS SIXTEEN <br />(16) AND SEVENTEEN (17)FOR A DISTANCE OF ONE HUTIIIRED THIRTY TWO (132) FEET TO TiHB <br />POII~T OF BEGINNING. <br />To Rerecord mortgage to show marital status of mortgagor. <br />which has the address of......... 5~3..8~>:C. (;aP#.t;a1 .4vetwe ......... .......... Gzand .Island....., <br />[StreeU [c~tyt <br />. _ . Netszaska, , 68801 , . _ . , , , (herein "Property Address"); <br />EStete Intl Zif+ Cod~t <br />TocEreEx with all the improvements now or hereafter erected on the property, and art easements, rights, <br />appurtenances,-rents, royalt[es, mitteral, oil and gas rights and profits, water, water rights, and water stock, and all <br />fixtures now or hereafter attached to the property, sit of which, including replacements and additions thereto, shalt be <br />deemed to be and remain a part of the property covered by this Mortgage; and alt of the foregoing, together with said <br />property (ot the Ieasehold estate if this Mortgage is om a leasehold) are harem referred to as the "Property". <br />Borrower covenants thatliiorrower is lawfully seised of tbe estate hereby conveyed and has the right to mortgage, <br />grant and convey the Property, that the Property is unencumbered, and that Borrower wil! warrant end defend <br />generally-the title to the Property against art claims and demands, subject to any declarations, easements or restrictions <br />listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. <br />NEBRASi~A-t to a ~~ny-s; ~s-~ttt~r~~r>tatc ~rtr~~t rt~r~u~lErR <br />