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80 ~~'~ MORTGAGE
<br />THIS MORTGAGE is made this ................. Third .....day of..Jutte• • • • • • • • • • • • • • • • • • • • • •,
<br />19.80., bet.veenahe Mortgagor,.David. J....MeMullen.&.Debra. J.,..Mddullets> husband. and •wife• • •-
<br />. .. ... .. .. . (herein "Borrower"), and the Mortgagee,.jbe• First •Nititxta}
<br />Bank,gf. G.rA~.isJattd ...Grath. Zs.laod..Nebraska..........., a corporation organized and existing
<br />undertlte laws of.. Nt?bY~i~(cii ...............................whose address is.202.West. Third,...... .
<br />..:Grand - I ~ 1 dtld ~ . Nghfaskd ........................................... (herein "Lender" ).
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of. T.Wfl't)tjl~'[L'F7tE .thoUShclti .4011 drs... .
<br />...and . t10. t:erit5 .............................Dollars, which indebtedness is evidenced by Borrower's note
<br />dated....~tt0e. 3.,..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 .... Juliy .1 , .: _ ~II ........... .
<br />To SECt1RE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the
<br />payment of alt other sums, with interest thereon, advanced) in accordance herewith to protect the security of this
<br />Mortgage, and the performance of the wvenants 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 21 hereof {htrein
<br />"Futon Advances"l, Borrower does hereby wort$$~~BB~~, grant and convey to Lender the following described property
<br />located in the County of ................. Na.t.t....................., State of Nebraska:
<br />The Westerly Fifty-seven {57) Feet of Lot One {1) in Block Two {2) in Westerhoff's
<br />First Subdivision in the City of Grand Island, Hatl County, Nebraska.
<br />which has the address of ..1$2,1_ .~.. ~1 Del :.......................... . ..... Gt'attd • I s 1 and ......... ,
<br />IStnstl [(:ctY1
<br />. Nebra;ita , .6e@41.. ...... (htrein "Property Address"};
<br />[srw «a zto cew'
<br />TocEt-tteat wiW all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents,. royalties, mineral, ail and gas rights and profits, watts, water rights, and water stock, and all
<br />fiaturts now or hereafter attached to the properly, all of which, including replacements and addetions thereto, shall be
<br />deemed to be and remain a part of the properly covered by this Mortgagx ;and ail 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 />Horrowtr eovettru-ts that Bor-over is lawfully seised of zhe i:statc hereby canve}ed and hoc the right to mortgage,
<br />grant and convey tht Prnpeny, that tbt Property is uncrtcumbt:red, and that Borrower will warrant and defend
<br />generally the title to the Property against all claims and de:na»ds, sub)ect to any declarations, ~ asements its rusuictians
<br />listui in a sebtdult of ticeptions to cavtragt in any tint insurance potica insuring Lcrtdcr's interest in the Prt>perty.
<br />NMFF 3J80
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