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<br />® rJPEN-END INDIVIDUAL ~ OpfN END COR90RATE ~ ~
<br />THLS MORTGAGE, made this 3rd day of APRIL , I9 79 between KENNETH M OSTRANDER,
<br />AND CHERYL L OSTRAh'DER, HUSBAND AND WIFE OF EACH OTHER, A*ID EACH Ii: P!iZS AciD HER OWN RZGHT, AND t,~,
<br />har~naf;er referred to as Mortgagors, and Mortgagee. FIRST SAVINGS COMPAN"iC, GRAND ISLAND IdE 68802
<br />WITNF.SSETH: That the undersigned Mortgagors in consideratior. of the proceeds of the above described loan, do hereby grant,
<br />bafgain, sell and convey unto Mortgagee, the following de<..cribed real estate, to wit:
<br />LOT FIFTEEN (15) ARGO FOURTH SUBDIVISION
<br />IN THE VILLAGE OF ALDA, HALL COUNTY, NEBP:.SI{A
<br />together with all tenements, hereditaments and appurtenances belonging thereoo
<br />TO RAVE AND TO HOLD the above described premises with all the privileges and appurtenances thereunto belonging including
<br />~ atI rents, issues and profits thereof unto Mortgagee, forever. And Mortgagor hereby covenants that Mortgagor is well and truly seized of
<br />~ a good title to the promises above conveyed in the law, in fee simple, and has good right and iawfut authority to convey the same, and
<br />' ~ that the title sa conveyed is clear, free and unencumbered except as otherwise noted and that Mortgagor will forever warrant and de-
<br />fend the same to Mortgagee against all claims whatsoever.
<br />~ This Mortgage is given by Mortgagors to secure the perfotmarice of each agreement contained herein, and to secure the payment
<br />~' of a Lean in the amount of the Total of Payments shown above, which loan being evidenced by a promissoty note bearing-even date
<br />tp~herewith and which is further described above.
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<br />PROVIDfiD ALWAYS, and these presents are upon the expressed condition, that if the Mortgagors shalt pay in full to the Mort-
<br />gagee apromissorynote bearing even date herewith in the amt~uni set forth shove, payable in installments according to the-terms there-
<br />- of together with interest as set forth therein, and than pay all coxes and assessments levied upon said real estate before the same be-
<br />comes delinquent, and keep the buildings on said prentiscs insured for a sum equal to the indebtedness secured hereby, toss, if any, pay-
<br />able ko'che said Mortgagee, then these presents to be null and void, otherwise to be and remain in full force.
<br />THiS_A9E?R'F~AGE IS ALSO TO BE, AND COAIT1Nt)E TO BE, F1tOM T[ME TO TIME, SECURITY FOR THE FAYMER"i'
<br />Qk' SUL H SL'1t OR. SUMS OE MONEY AS THE MORTGAGEE MAY FROM TIME TO TIME [N THE FUTURE ADVANCE TO THE
<br />- - M4?RTGAGl1R, AN'A EVIt~EIV~ED-BY. A- SUPPLEMENTAL. NOTE OR NOTES, 9Uf RiQT TO EXCEED THE TOTAL OF
<br />3 ***S2, 380 ;t30*** _.-, „ .,EXCEPT FOR ANY ADVANCES THAT MAY BE MADE T© PROTECT THE SECURITY IN AC-
<br />GORDANCE WITS TIME'I`RRMS OF TINS MORTGAGE.
<br />.4dditianai Teens and Conditions on the reverse of this agreement are made a part hereof and incorporated herein.
<br />IN'!1lTNESS NHEREOF, the said Mortgagors have executed these presents t day and year fast above written.
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