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i <br />$~~ ~~ MORTGAGE <br />THfS MORTGAGE is made this..... ,THIRTEENTH day of JUNE , .. . <br />19..80, betweerr the Mortgagor, ....l#ARQI~A . P ~. , TOI)1?, AIJD LUANN M. TODD r , HUSBAND ,AND. , <br />............. <br />.Tt)IF.E ............... . ..... . ..... .... (herein "Borrower"), and the Mortgagee„THE, FARMERS; . <br />• .... <br />STATE. RANK . &..TRLIST. COMP.ANX ..................... ..... a corporation or , 'zed and existing. <br />... <br />under the laws of............NEBRASKA ................... whose address is.. AURO. , ., ........... . <br />NEBRASKA ......................... . .................................. (herein "Lender"j. <br />WttEarswS, Borrower is indebted to Lender in the principal sum of . FQRTY-FOUR , TFIOUSAND ONE <br />HUNf]8ED .AND, PIO,l100-r.--.:--r--------,Dollars, which indebtedness is evidenced>by Borrower's Hate <br />dated......JiINE.13,..19a0 .... (herein "Note"), providing for monthly installmtnts of principal and interest, <br />with the balance of the indebtedness, if not sooner paid, due and payable on... ,?UI•X . ~.... ~~+Q.......... . <br />To Sectra~ to bender (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 covenants'and agreements of Borrower herein contained, and (b) the repayment <br />of any fmnre advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof {herein <br />"Futon Advantxs"), Borrower does htreby mortgage, grant and convey to Leader the following described-property <br />located in the County af.... _ .......F3AI,L .......................... State of Nebraska: <br />LOT TWENTY-ONE (21) BISHOP HEIGHTS SUBDIVISION, Ii: SW'iiQW~ <br />OF SECTION 11, TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE 6TH <br />P.M., HALL COUNTY, NEBRASKA. <br />which has rise addncs of..... A363..SH1~2FlO0II .ROAD . . . ............ ..GRAM] . ISLAN.D,........., <br />iStre~ti teat <br />.IlIEBRASKA • .5,8$01.... _ . (hernia "Property Address" ): <br />tsrw anu z;r, evert ~' <br />ToGt:rttrett with all the improvements now or hereafter era:c#ed on the property, and all easements, rights, <br />appurtagartccc, rents, royalties, mineral, ail and gas rights aad profits, water, water rights, and water ;tack, and aIi <br />fixtures now or hereafter attached da the property, all of which, including reolacernents and additions theruo, shat! be <br />deemed to be and remain a part of the property cnven:d by this Mortgage; and art of the farc~gaing, together with said <br />property {or'the teasetwld estate if this Mgttgage is an a leasehold} are herein referred to as the "Property". <br />8prrower covenants thpt Sorrgwer is lawfully seised of the estate herebg conveyed and has the right to mortgagr_, <br />groat and aonrrgy the Property, that the property is unencumbered, aad that Horrnwcr will warram and deft nd <br />geaeratly the title to the property against all claims and demands, subject tea any declarations, ; asemr:au ur retriotitnts <br />Gstcd in a schedule of exceptions tq coverage in any title insurance policy insuring Lender's interest ut the Prutxrty. <br />NMFF 3180 <br />