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MO1tTGAG~ <br />79- ~ ~.i 1 ~ U t3 <br />THIS MORTGAGE is made this.........?~t'41 ...............day of...M.ARCH ..................., <br />24..~~, between the Mortgagor,. ,CORDELL S: SHIPMAN AND BARBARA M. SHIPMAtd, HUSBAND <br />. €t2.~~.. ............. (herein "Borrower"), and the Mortgagee,.T?~. FTF.ST,NATI~I~]AL <br />. S,pt':K.4f'. G~A~D,?S~IND, ............................... . a corporation organised and existing <br />...... <br />under the laws of.......?~.~.e.~ ..........................whose address is..242. IdF.S'>:.3RU. STItE~'P. <br />. G*31? . ~eS)`~%~?:. NEBRASICP, , , 68201 ..................................... (herein "Lender"). <br />Wxaxaes, Borrower is indebted to Lender in the principal sum of. FORTY-SEVEN THOUSAND AND NO/ZOO <br />....................... <br />. -, , ; :°---..:::°--"""°'-"°---~-. ---.:Dollars, which indebtedness is evidenced by Borrower's note <br />dated.......MdTCh. ~.~~ .1979..... (herein "Note"), providing for monthly installments of principal and interest, <br />with the balance of the indebtedness, if not sooner gold, due and payable on.......APRTL. x.,..204$........: <br />To Si~cuna to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, tbe <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 descn'bed property <br />located in the County of ............... HALL ...................... , State of Nebraska: <br />LOT FORTY-TFIREE (43) IN LE HEIGHTS FOURTH SUBDIVISION, <br />HALL COUNTY, NEBRASKA. <br />2119 VIKING ROAD GRAND ISLAND <br />which bas the address of ............................................ ............................. <br />tstrcett [c«at <br />,NR~RA~iCe3 6E1801 ........ (berein "Property Address"); <br />tsmre ma Tip cos.) <br />Toas'rttt:x with all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and proSts, water, water rights, and water stock, and afl <br />fixtures nnw or hereafter attached to the property, all of which, including replacements and additions thereto, shalt be <br />deemed to be atxl remain a part of the property-covered by this Mortgage; and all of the foregoing, togetber with said <br />property -(or the leasehold estate if this Mortgage is on a teaseho[d) ate herein referred to as the "Property". <br />Borrower roveoanffi that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, <br />grant-.and convey tbe Property, that the Property is unencwrnbered, -and that Borrower will warrant and defend <br />generally the title•to the Property against aA claims and demands, subject to any declarations, easements or restrictions <br />listed is a schedule of exceptions to coverage in any-title insurance. policy insuring Lender's interest in the Property. <br />1l~RASKA-1 t; a f~lty-.sus-rt~t--l~.tec utnse~t tlaxt <br />