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gQ_:004693 MORTGAGE
<br />THSS MORTGAGE is made this..... 29 ....................day af.. , AUGUST . _ .
<br />148.0., between the Mortgagor,..DAVID L.-,ZADOW p,ND MARLA J. ZADOW, HUSBANb ~ - ~ ~ ''
<br />_?ljlp , {+72FE, , , , , , , , , , , ,,, , , , , , , , , , , , , (hertin "Borrower"}, and the Mortgagee,. FARMERS , STPs1'[i; r",
<br />.$ANhc. & . TRAST..G4... a . AURORA r , NEBRASKA .. . . ..... . . . . . . . ~ a corporation organized and extsLOg " -.
<br />under [he taws of ........ NEBRASKA ..............whose address is... PtURORA, , , - .-, , ; ; ;°_ ; - ' -
<br />...NEBRASKA ........................................................ (herei¢•'Lender")..' . , -
<br />.~ ,
<br />WHEREAS, Borrower is indebted to Lender in the principal sum of..TWENTYTHOUSAND NINE- FI+JA1ffRED. ; ;
<br />.AND -PIO/1(10---------r---.-r. r.---°--Dollars, which indebtedness is evidenced by_Borrower's note'
<br />dated......AU~US~, ,29,, .1980.. (herein "Note"), providing tar monthly installments of principal a dd rnteresi,
<br />OCTOBER 1, 20f0=-
<br />with the balance of the indebtedncss,if not sooner paid, due and payable on ...............................~-~~
<br />To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest. thereon, rho ~:
<br />payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security-of. this ~ ~~.
<br />Mortgage, and the performance of the covenants and agreements o[ Borrower herein contained, and (b) the repayment
<br />o[ any [uture advance, with interest thereon, made to Borrower by Lender pursuant to paragraph 2} heecof (ficmin`~'~''
<br />"Future Advances"), Borrower does hereby mortgage, grant antl convey to Lender the following described property
<br />locattd in the County of .......... . . . .. y............. _ ............, State of Nebrazlta: ~ -
<br />LOTS EIGHTY-TWO (82) AND EIGHTY-THREE (83), IN BELMONT
<br />ADDITION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />which has the address of.. , .2~.Z,Q, WF$T, .NOf{TH, FRONT STREET GRAND IfiLAttD
<br />~Sr.csp ............ ......'card........... ,
<br />NEBRASKA, . ,68801, , , , . , . , (herein "Property Address");
<br />(SUIa antl 21p CaOag
<br />TOGETHER with all the improvements now or hereafter crrclcd nn the property, anti all casements, rights,
<br />appurtenances, rents, royaitics, mineral, oil anti gas rights and pn,fit.c, water, water rights, and water stock, and all
<br />fixtures now or hereafttr attached to the property, all of which, including replacements and additions thereto, ahall be
<br />deemed to be and remain a part of the property covered by this Mortgage; and alt o[ the foregoing, together with said
<br />property (or the leasehold estate it this Mortgage is on a leasehold) arc herein referred to as the "1'ropcrty".
<br />'Borrower covenants that Borrower is law[ulty seised of the estate hereby conveyed and has the right to mortgage,
<br />grant and convey the Proptrty, that the Property is unencumbered, and that Borrower will warrant and de[end
<br />generally the title to the Properly against alt claims and demands, subicci to any declarations, easenuarts or restrictions
<br />listed in a schedule of exceptions to coverage in any tide insurance policy insuring; Lender's interest in d[c Property.
<br />NMFF 3/80
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