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<br />~9-- ~ ~ ~~ a g l~GR~GAG~
<br />(Participation)
<br />This mortgage made and entered into this 30th day of May
<br />19 79 , by sod betreen 3II,:,° ,,. JUSSE; ~,u °,.,`:PS.' J. JUSS~' ,, /iuskx.t^.a, axt H;:.fe
<br />(hereinafter referred to as mortgagor) and Ri'TE p~~ NATIONAL HtiNIC OF' GRAAID yST~IVU, Grand Island,
<br />b1F_hraska
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 304 West 4°htrci Street, Grand Island,
<br />Nebraska
<br />WtrtvtssErtt, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the
<br />mortgagor does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, his successors and assigns, all
<br />of the following described property situated and being in the County of Hall
<br />SUte of Nebraska
<br />A tract of lard Fifty-Six (56) Feet in width by One Hundred Thirty~P.vo (132) Feet
<br />in length, formerly being a part of West Eleventh (11th) Street of the City of
<br />Grand Island, Nsbraska, vacated by said City on October 5, 1960, and mare particle
<br />laxly described as follows: Beginning at the Northwest corner os` lot Six (6},
<br />Block Fifteen (15), west Park Addition to the City of Grarzi Island, Nebraska;
<br />rune+*+~ tltenoe Fast on the North line of said lot Six (6) for a distance of Ortee
<br />Htur~ Rhi=ty--7Wo (I32) Feet to the Northeast corner of said Ir~t Six (6} rtu>ning
<br />thetvoe Ncsth ort a prolongation of the Est line of said lot Six (6) for a distance
<br />of Fifty-Six (56} Feet; running thence West parallel to the North line of said
<br />lot Six (6) for a clistartoe of Orte Hundred IYtirty-7tao (132) Feet; rtuutirtg thence
<br />South on a prolongation of the West line of said lot Six (6) for a distance of
<br />Fifty-Six (56) Feet to the Northwest tnrrter of said lot Six (6), being the point
<br />of beginning. _
<br />Together .with and incloding all buildia~. a1! futures including but not limited to all plumbing, heating, lighting,
<br />ventilaiiag, refrigerating, incinerating, air conditioning appa,a[ns, and rlevaton (the mortgagor hereby declaring that
<br />it is intradrd that the items hreein enumerated snail be deemed to have been permanently installed as pan of the realt_il,
<br />aed all itnproeemeets now or hereafter eatsting tb<•nx,n: the hereditament. and appurtenant+•~ and ail other right. therr-
<br />onto belonging, or in aavwisr appertaining, aad the reversion and reyer,+ions, rrmaimier and remainder.:, all right of
<br />redemption, and the rents, issae::, aad pmfiti oI the ahoy desert bed proprrt,, ! pn>~idrd, ln,r.r,.rr, that the monga~r
<br />shall be effiitled to the possession oI said property and to collect aad relate. the rent.., iswr., and profit. until drfaalt
<br />hereaader). To hays and to bold the same unto the mortgagee and the successors is in trrest of the mnnga~r r forever
<br />in fee simple or snch other estate, if any, as is stated herein.
<br />The mortgagor covenants that he is lawfully xiud and possessed o[ and has the right to x11 and convey said
<br />property; that the acme is free from all encumbrances except as heminabove recited; and that he hereby binds
<br />himself and his attecwnn in interest to warrant and defend the title aforesaid thereto and eyen• part thereof against
<br />the claims of all persons whotttttoever.
<br />Tbia natronent is givan.to assure the Ral'ntent of a promisson note ,fated May 30, 1979
<br />in the principal ttttm off 106 x000.00 , silttted b. Bi11y D. Jttssel and Betty J. Jussel
<br />in behalf of It~7.leytS Mi3rket
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<br />SBA FORM 92912-]3) PREVIOUS EDITIONS ARE OBSOLETE
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