|
44791-1-18
<br />$0- ~L'2~~ MORTGAGE
<br />THIS MORTGAGE is trade this.....~9th......... .. .day of...:?~e . .. ... ,
<br />19.$x., between the Mortgagor,.. popald ,A: , Ledgerwood, and, Sharon: K; . Led~,erwood} _ husband- an~. wife,:
<br />jointly, pnd ,each. in their own right (herein `Borrower ), and the Mortgagee, FIILST FEDERAL ,
<br />SAVINGS AND LOAN ASSOCIATION OF LINCOLN , .., a corporation organized and`existing.
<br />under the laws of.. ,the. State o f . Nebraska ~ ~ . ~ . , „whose address is..1235 , "23!'. Street, , _
<br />...
<br />. Lituol~> .flebtaska ..k$~4$ ........................................... (herein_..Lender"):
<br />WHEREAS, Borrower is indebted to bender in the principal sum of.. TWENTY, EIGHT THOUSAND' AND~~'NO/100
<br />-----°-"'----'----"'--"--'---"'-"-Dollars, which indebtedness is evidenced by Borrower's-note
<br />dated. , of .even date .herewith. (herein "Note"), providing for monthly installments of~rincipal and interest,
<br />with the balance of the indebtedness, if not sooner paid, due and payable on... Stity,l,, ^10
<br />...............
<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 ir. accordance herewith to protect the security of-this
<br />Mortgage, and the performance of the covenants and agteements of Borrower herein contained, and (b)-the repayment
<br />of any future advances, with imerest thereon, made to Borrower by Lender pursuant to para¢raph 21 hereof (herein
<br />"Future Advances"), Borrower dog hereby mortgage, giant and convey to Lender the following described property
<br />located in the County of ............... ~??~ ......................, State of Nebraska:
<br />Lat «i*_'teen (15,, in dock Two (2), Intgax'ial Village
<br />Subdivision, ~n the City of ;rand Island, Na11 County,
<br />?~febraslea.
<br />which has the address af_ ... _i:r!35 Howard glace, ;rand Island
<br />tscrceu tatrl
<br />Nebraska 68801 ..... _ _ . (herein "Property Address");
<br />..... - - sat. uid ztn coal
<br />TocEirl>ra with ail the improvements now or hereafter erected on tIte property, and al; casements, rights,
<br />appurtenances, rents, royalties, mineral, oil aad gas rights and profits, water, water rights, and water stock, and alt
<br />fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shat be
<br />deemed to be and remain a part of the property wvered by this Mortgage: and a!1 of the foregoing, together with said
<br />property (or the leasehold estate if this Mortgage is cn a leas;,huld) are heron refereed to as the "Property'".
<br />Borrower covenants that Borrower s lawful3y selscd of the estate hereb}' ;:onve}cd and has the right [o mortgage,
<br />grant. and convey the Property, that the Property is unencumbered, any that i3urtawer will warrant and defend
<br />generally the title to the Property against all claims and demands, subject tt~ any deciaratian!„ casematts of restrictions
<br />listed in a uhedulc of exceprions to coverage in :.ny talc insurance 1?oiic~ insurinn I_snder's intc:est in the Property.
<br />ltE9RASKA~it.s€~:,,t~~,~s~-t~tuw:t~t.tac utucut~ tNSl~uruttr
<br />
|