|
80 +~tr~~e4 MORTGAGE
<br />THIS MORTGAGE is made this...9t?' ......................day of......... ??aX...............,
<br />19..BQ, between the Mortgagor,..?M'chael L: Small and Lisa K, Small, Husband. ar}c} ,Wi€~, , , _ , , ,
<br />• . • • . • • ................. (herein "Borrower"), and the Mortgagee,.C°~?rcial National
<br />.Bank _ &. Trust .Co:...... .............................. a corporation or and e:gsting
<br />under the laws of........... ,Nebraska , , ., whose address is .424 wes. Third Street
<br />..........
<br />Grand Zsland, Nebraska 68801 {herein „Lender„)
<br />............................................
<br />WHEREAS, Borrower is indebted to Lender in theprincig~il sum of.:Phirty, Six Tho>lg#tcj ,$~y~r.Iit;t;c~ed
<br />and no/100 ----------------------------~ollar, which indebtedness is evidenced by Borrower's note
<br />dated... , ,May .9•, 1980 , , (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 ..June 1 t .20,10• .
<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 to protect [he secarity of this
<br />Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repaytttent
<br />of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (hermit
<br />"'duture Advances"), Borrower does hereby mortgage, grant and convey to Lender the following drscrlbed property
<br />located in the County of.... , xa11 ........ ...., State of Nebraska:
<br />....................
<br />Suite No, Four (4) and Garage C, Allene Windsor Square Condominium Property Regime,
<br />being part of Unit One Lot Two (2), Block Eight_ (8) tteplat, Continental Gardens,
<br />an Addition to the City of Grand Island, Hall County, Nebraska.
<br />which has the address of..... N9,..`^liAtl9QY. S9Ra>54 .... ..., ......Grdnti .ISlaud,.. .. ..,
<br />(StrasU ic~tyl
<br />Ne~raska.68801, , _ , . , _ . , . , (heroin "Property Address"):
<br />tsta..na ra coa.l
<br />TOGETHER with all the improvements now or hereafter erected on the properly, :utd all rasnnrnts, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and pn+fiti, water, water tight,, :utJ water stock, and all
<br />fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, .hall hr
<br />deemed to be and remain a part of the property covered by this Mortgage; and all of the lorrgoing, mgrther with said
<br />property (ot' the leasehold estate if this Mortgage is on a leasehold) arc herein rcfl•rred to as the "Property".
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage,
<br />grant and convey [he Property, that the Property is unencumbered, and that Harrower will warrant :md defend
<br />generally the title to the Property against all claims :md demands, subject to :utv declarations, casements or restrictions
<br />listed in a schedule of exceptions to coverage in any tale insurance polio irnurittg Lender's interest in the Property.
<br />NMFF' 3/80
<br />
|