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<br />,tom :a eea ;ate ~:: ~ r`~d.s• ~~,~~j /.
<br />19 ~ attd bettsrxn Wilson. C. Shafer and Velma M. Shafer
<br />(bert:>aafter re#ezred to as mortgagor) and the Adatiaistrator of the Small Business Administration, an agency of the
<br />Gorervmeat of the }3nited Staten of America {hereinafter referred to as mortgagee), who ma,}atains as office end
<br />p~-ofLasi~at Empire State Building, 19th & Fa,-r,am Streets, Gmaha, NE 68102
<br />~m~x,. that for the ~deratioa heseindter stated, nxcipt of which is hete&p aelmoyrledged, _t6e
<br />does-herebp,moztgasgq,sell, grant, amgay and convey unto. rite mortgagee, his.-et}txueeors and.~arigos;,aA
<br />of the fo}}owtnB*dr~ezibed` Property sitaated and fxing in the County of gel
<br />State-~,Pleb;aslra
<br />Ir3t Seen ,'7) West Bel Air Fifth SubdiVisian in the City of Grand Island,
<br />11x11: Cottnty; Nebraska.
<br />Together with and including all huildinge, all fixtures including but not limited !o ail fdumbing, heating, light•
<br />iag, ventilating, refrigerating, incinerating, air conditioning uppurutu,, :uui rlevatara (the murtpugor herrlty
<br />declaring that it is intended chat the itrtns herein enumerated ,hail he der,nr<I to havr. kern prrmanenlly in•
<br />::tailed-ae part-ut the realty), and all imprnvrments nu» ur hrrrafter r4i.tins thrrnru, the hrrrditanteata ttnd
<br />appurtenances~.and x11-oilier rights thereunto belonging, or in anywise airpertainin}C, andthe rcrrrsina sad rr-
<br />tersions; ieaiaittde~r uud remainders, all'rikhls of redemptiirn, and the rent-, issues, and profile of tine above
<br />deseiibietlfproPerer.fprovided,.however, that the mortgagor shall he entitled io the iw5r.ee.iun of wid property
<br />and toeallortaad:retairt the reuts,.issnas, end profits until tdetauU hrrrumler). 'fo havr and to ttold the ewme
<br />unity the;mortga{tee sad the Sueeessurn in interest of the mortgegre forever ut lee sinrpla nr such ui}ter estate,
<br />if.aayy~.asas-;ftated;herein.:
<br />'lam t~-covesantn-that he is lawfully salad -sad: possemed of and has-the,right-to call and~vey-raid
<br />RroPerty.- thaE thv,, same is free; front ell=eneumhranrae. e~ccept. as hereieabove: recitedt and that he hereby. hinds
<br />hitttx}f-atu}.his:euccessorsia interest.to warrant and.defend the title aforesaid thereto and every part thereof against
<br />the.clsims'of d}p~_.w}ttrmeosver.
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<br />Tbie iustrumcsit is given to secure the payment oC a promissory note dated .a..~.~' ~~t'~h'", ~~~' ,
<br />in;thefrriue;palrunt.of:g°4S,QQO.QQ ,:bf8~?ted,hYWilson C. Shafer and Velma M./Shafer
<br />;rs hnhalf of themselves,
<br />SaA F•r~ Mr (a.ra i P+~,lsw PAfslsa, wry eb,:l~u.
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