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so-~~s M~R~iGE <br />(P'utieipafio~)' . <br />Thirmottghge madeand entered iota-thin 11th day of June <br />19.80 ,by and between Fred W. Rauch and Margaret L. Rauch, husband and wife., each individua'aly <br />in his and her own right and as spouse of tl.= other <br />(hereinafterrefetrred`trtsrmortgagor) aml FIVE POINTS-BANK <br />{ hereitaaftecrefetrrtd :to ar <br />mortgagee j, wha maioteins an ttl6cc and place of`btuineas at 2015 North Broadwell; Grand Island;. NE <br />WIrKESSEra, that for the considtration hereinafter stated, receipt of which is hereby acknowhidsed; ,the <br />mortgagor does hereby mortgage, Bell, grant, assige, and convey unto tfie mortgagee, his suceeaaors and assipty all <br />o[ the following described property.situated and being-in the County of Hall , <br />Sate of Nebraska <br />A tract of land locate3 in the southeast Quarter of the Northwest Quarter (SE~N411y) <br />of Section Twenty-One (^<1), Township Eleven (11) North, Range Nine (9) West of the <br />6th P.M., more particularly described as follows: <br />Beginning at a point on the South Side of Anna Street of the City of Grand- Island, <br />Nebraska, 15 feet East of the West side of Jackson Street extended southerlg; said <br />point is also 1010 feet Southtieaterly from apoint- where the Southerly line of Anna <br />Street intersects the East`13ne of`[he Southeast Quarter of the Northwest Quarter <br />(SE'~NW'~) of Section Twenty-one (21), in Township Eleven (li) North, Range Nine (9), <br />West of the 6th P.M., thence~runrting in a Southeasterly direction parallel with the <br />Westerly line of Jackson'Street as extended a distance of 275' thence running zight <br />90 Degrees in a Southwesterly direction 273.9 feet to apoint that is also 257.2 Feet <br />from a point on the East Property Line of the County Road, thence running right 90 <br />degrees along a litie parallel wifh the West line bf Jackson Street as extended, a dis- <br />tance of 127 feet, thence right 90 degrees along a line garallel <br />with the South Line of Anna Street 93..1 feet, thence right 127 feet along a Line <br />pars lel with the West Line of Jackson Street as extended to Closure, said Closure <br />constituting a Tract of land 127 feat by X3.1 feet. <br />Togethcrwith sad iacladlag all baiidiags, ail [Satares •iuctading Lot not limited to alt plnmhiag, 6caung, lighting, <br />veatilati^g, refrigemtisg, tacincrauog, air rwaditioaiag apparatus, aad etevaw.~ jthe murtg:t6ner here L} declaring that <br />it is inteetdedthat the item.,; hrecia enumerated .hall Le deemed to have teen permaaeatly in+ta3ied a. port ul thr realty 1, <br />and ail itapcavugcttta now ur hsYea[tcr cxiatiag t6erax,n; the hereditametet_~. and appurtrnancz-r; aqd all utter rights tbere- <br />vato Leloagiag, ur is aa}~iae appertaic:pg attd iLe rra-Yrr.ian anti rrver}iun rrmainder snd rc~muinJrr., ai: right.. of <br />redeaptioa, sad the,renta., ic,tne and profit. o{ties aLu vc described prupeny ? provided, har.rvrr, that she mortgahn,r <br />,.hall br ent9tlcd ue the pussrt:inn of .aid pwprtty anti t<t cuilPet and rcrain the rents, iy.ucv, and pneiit:, anti! dcloult <br />herenndt`rs. 't'o lease and to itoid thr ~:aeae nato the murte,agee and the ~:uecesx.rn in iniere~:i u[ the rnurigat, f+en-vrr <br />in fee 5itnpie or slush other rstptc, if any, a.:~ .toted hrrcia. <br />'Chc mortgagor covenants that he is lawfully seiud and posuessed o[ and has the right to sell and convey said <br />property; tluat the satin u free Irum all enrutnbrances except as hereinabovc recited: and that he hrrehy binds <br />himself and hip suctxssora in interest to warrant and defend the title aforesaid thereto an-i every part thereof against <br />tirn.sletlgn gF.all pyrwtu whotttroevcr, <br />Guaranty <br />This ittatruntent_iq y,iveu to srcure tltc. navme•ut of a7pwtnitWrtycautfe +t:ct,•d Fabruary 2I , 19n0 <br />lnthpprint;ipalsuruufE $9,Ia04.00 ,r'tltnGrih: Fred Rauch and Margaret [,. Rauch <br />itt bcha1f of Petrotaum Equipment, ins, <br />S, {}a s. J«'it °~71, - ,f ., f. Jt.: -..I' €-' .. ... -- _ '~F~~~a- i ~- <br />