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<br />MO~ZTGAGE
<br />THIS MORTGAGE is made this......... ~,`~.#~? .............da of..... JULY
<br />]9.$0.,betweentheMortgagor,...SONATHAN,E.,-WATERWORTH D MARIE A..VJATBRWORTH, -
<br />..........
<br />I~US)3~.IJA..ANp .WIFE ................. (herein "Borrower"}, and the Mortgagee,. STA'~E. BANKr:....
<br />PPS,MER,..NEBRASKP ...........:.......... . ............ ..... a corporation organized and existing
<br />... AT•MF'
<br />under the laws of.......NESRaGxa ....... . .................whose address is... ;'...... R.a .......... .
<br />NEBRASKA ...........................................................(herein"Lender").
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of... THIRTY-EIGHT- THOUSAND..:. ,
<br />~~• NO/-1Q0----°------------'---.:-Dollars, which indebtedness u evidenced by Borrower's note
<br />dated......... s7.U~,Y- ,15,,, ,19 80, (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....AUGUST 1, 2010
<br />To SECUeE 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 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 ary future advances, with interest thereon, made to Borcower by Lender pursuant to paragraph 2I hereof (heieim
<br />`j Future Advances"), Borrower does hereby mortgage, grant an11, convey to Lender the following descnbed property
<br />~er1 in the f~tunty of ............... NEBRASICAi ...., .. .
<br />lam- - ~. ' ..: .., State of Nebraska:
<br />LOT FORTY-NINE (49) POTASH SUBDIUjI~,SION, HALL COUNTY!, NEBRASKA.
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<br />which has the address of........ , , 12.4 ,NORTH , BEACHWOOD, .. , . , GRAND ISLAND,
<br />(Streetl [CitYl
<br />NEBRASKA, 68801 .,,(herein "Property Address");
<br />........
<br />Istnte soa vo coa.l
<br />T'ocErxEa with all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all
<br />fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
<br />deemed to be and remain a part of the property covered by this Mortgage; and all of the fnregoing, together with said
<br />property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property".
<br />Borrower covenants that Borrower is lawfully seised of the estate.hereby conveyed and has the right to mortgsge,
<br />grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend
<br />generally the flue to the Property against all claims and demands, subject to any declarations, casements or restrictions
<br />-listedin a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
<br />NMFF 3/80
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