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~~-4 ~~: l~It3R`I`GAG~
<br />'THIS MORTGAGE is-made thts is t ~y of I~iF I
<br />..,
<br />19 80.,:between-the Mortgagor,- .RICKY G „DAVISdA AND, VICKI-,S„ DA[!ZSON, , huskamd aad,~wife .. ,
<br />- - .. - .. ....... (hereto Borrower' ), anti the°Mortgagee . ~..iR4iI. S~1~tJGS
<br />& LOAN- ASSOCIATION t51? ;CftA1tID, ISLAND .. . ......... . .'...., a-eOrporaiion organized. and existing
<br />under the laws of,........,.. ~$'~r ......................:whose address is. ...221. Sough,l,ocvst.
<br />Grand; Islattd„ Nebraska- , , , , , , , ; ,-, , , , , {fiereir. "Leader").
<br />WitExs,es Borrowet-ts tridebted to Sender in the'principal sum of. Tx~RTg, xxl~>r U5A2~Ij , 7TJQ, .I~t1IQQRED
<br />FIFTY,ANI) 04/100 - --------,----------Dollars, which indebtedness is evidenced bg Barr ;wee snore
<br />dated.. MsY, 1,,, 1980..... ..... (herein "Note"), nroviding.far rpnnfhly.itutal[ment f ]~z€ z^.d ......es.,
<br />with the balance of-the indebtedness, if not sooner paid, due and payable on. , . , _ , , , ,t4ay, 1,,.,ZO1D... ,
<br />To Secuat to Lender (a) the repayment of the indebtedness-evidenced-by the?Nole,-with' interest:Thereon,. the
<br />paymen4of-all other sums, with interesrtfiereon, advanced in accordance herewith-to protect the secuptyof this
<br />Mortgage; and the performance otthe covenants and agreements ofBbrrower herein contained,-.and {b) the repayment
<br />of any future-advances, with interest thereon, made to Borrower by Lender pursuant to nazagraph 2L.lteieaL{2 ete;n
<br />"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described'piopt;rty
<br />lacated in the County of .............. HATaL ......................., State of Nebraska.
<br />Lot Two (2), in Block Forty (40), in Russel Wheeler's Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />which has the address of...... 11:3„tab&C. 12,th .St>:eet ................ .... .Grand..Islaud.... ... .
<br />- tsvapq tcnxl
<br />.....N~4z:~;?ki3, 6$$01.......{herein "Property Address");
<br />(State antl Zip Cotle]
<br />TvcsTxsx with at! the improvements now or heceafter erected on tltc property, and all casetne!us, rig!]ts,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and ware[ stock, and all
<br />fbctures now or hereafter attached to the property, all of which, including replaa.mettts and additions therew, shall ha
<br />deemed to be and remain a part of the property covered by this klortgage, and al! of the torcgoing, together with ,girl
<br />property (or the leasehold estate if this Mortgage is an a leasehold) arc herein referred m as the "1'ropcrty".
<br />Borrower covenants that $ormwer is lawfulty seised of the asra€c' hereby conveyed anct has the right €o mortgage,
<br />grant and convey the Property, that the Property is unencumixred, and that Bornnvrr tioitl warrant and defend
<br />generally the title to #ha Property against all claims anti demands, subject to any declaemions, ease menis or restriction,
<br />listed in a schedule of exceptions to coverage in any title insurance pohc~ insuring Lenders interest in Rrc }'roperty-
<br />NMFI' 3/[30
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