79-' UU3598 MORTGAGE
<br />THIS MORTGAGE is made this .............. 7th :.........dap of ........June................ ,
<br />1979 .,laatweentheMorr~~aagor,J.AMES. 5..,,REED.ANQ,PRECI.OUS_ A..,REE[),..husband_and, wi_fe,_FND.
<br />JA~M~}}E,,S ,D. ROTN & pp.NIJA. F., I~TH,, ... (herein "Borrower"), and the Mortgagee, Home Federal
<br />~~Vih~LO~ ~asociation, a corporation organized and existing under the laws of The United States of
<br />America; whose address i.9 221 South Locust Street, Grand Island, Nebraska (herein "Lender").
<br />WttEREAS, Borrower is indebted to Lender in the principal sum of.. ~ I XlY 1W0, THOUSAND, E I C~-IT }jIJNQ~D
<br />AND, NO/,100----------------,---------------Dollars, which indebtedness is evidenced by Borrower's note
<br />dated, , , , June, 7,. J,479 , . , , , , , , , (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....... ,lapuar;y . ~ ,, X009 , , , . , .
<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 [o 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 2] hereof (herein
<br />"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property
<br />located in the Cotmty of............ HALIr, , , , , , , , , , , , , , , , , , , , , , , , ,, State of Nebraska:
<br />LDT ELEVEN (I1), POTASH SUBDIVISION, HRLL COUNTY, NEBRASKA.
<br />which has the address of:..... , .. ,401 I. Vd. Rath Road . _ , .. _ . Grand, 1 s,l,and , , , , , , ,
<br />tstrcett teitrl
<br />Nebraska 68801.......(herein "Property Address");
<br />t~z a~ Zee Canal
<br />TtxrxrxEx with all the improvetuents now or hereafter erected on the property, and all easements, rights,
<br />appttrtettaacea, watts, royalties, mirteral, oi! and gas rights and profits, water, water rights, and water stock, and all
<br />fixtared Craw ~ hereafter attached to the property, all of which, including replacAments and additions thereto, shall be
<br />deertte;L to be and remain a part of the property rnvered by this Mortgage; and al! of the foregoing, together with said
<br />property (or the Leasehold estate if this Mortgage is on a leasehold} are herein referred to as the "Property".
<br />Borrower covenants that Borrower is tawfulty seised of the estate hereby conveyed and has the right to mortgage,
<br />grant and eonvey the Property, that the Property is unencumbered, and that Borrower wtill warrant and defend
<br />g°rwrally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions
<br />listed in a schedale of exceptions to cwetage in any title insurance ptrlicy insuring Lender's interest in the Property.
<br />~~-i fi 4 Ft9rtilY--~% 1a--i~Yt6i/rnuiC ~iwe°R~ t,wixvit~:
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