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80-:~QS~~~ MORTGAGE
<br />TFYIS MORTGAGE is made this ...........14~. da af.... ~P ....,
<br />19 ..$~; between the Mortgagor, DAVID W.. K:[PPI~:S[ acrd De.A>`N K..... ;?'LES[,. Htrsband ;and W}fe , , , ,
<br />(herein "Borrower"), and the Mortgagees C)VE[tYAND •'
<br />BUNK - Ci?, Gti7~1+ID ~ Z§ZAND, -Grand Islantit .Nebraska ............ . a corporation organrud and extsting
<br />under the laws of ......... ~ra~? ....................... .whose address is .. 304, FJesE Third Sft!eet.
<br />Gratici, Islaitrlk Nebsaska ............................................. {herein'"Yung").
<br />~W_ Ns&t~~l,s; Borrower is indebted to Lender in the principal sum of. ~~. ~ .~~ ~:+
<br />~1-L00- .............I~liars, which indebtedness is evidenced by Borroarer's-note
<br />~~ 9t~tattber 19t 1980 . (herein "Note"}, providing for monthly installments of prigc~'-and interest,
<br />with the' balance of the indebtedness, if not sooner paid, due and payable on... OC.tt]bEr. i,, Z"~^v'
<br />...............
<br />To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest- thereon, tha
<br />payment of aft other stuns, with interest thereon, advanced in accordance herewith to protect the security of:this
<br />Mortgage, and the performance of the covenants and agreements of Borrowe, herein contained, and (b) tharelxyment
<br />of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph- 2Y hereof-(herein
<br />"IbttaR Advances"), Borrower does hereby mortgage, grant and convey to Lender the following desedbed-property
<br />rotated in the County of....... ?~1 ............................... State of Nebraska:
<br />Itrt. 22ti~ee (s) . in Bloat I•ifteert (i5l , in c~sax'Ies wasttter' ~ addition tb t2te City
<br />of Grated Island, Hall t~ttnty, Nebraska
<br />which has the address of......i915 West Division .......GFs'titd .ZSlanct......,
<br />{st~.tt [etty7
<br />.. _ 68801 ...... {htrein "Property Address")
<br />tSYiR m0 z+v t.:aYt
<br />ToGS'raa[aa wig all the improventeats rtaw or hereafter erected on the property, and alt easements, rights.
<br />appu[unaaces, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all
<br />ftttturea noa~ or hr«ru[terrwttached eo.the property, ail of which, including rr-placements and additions thereto, shaft be
<br />tlariped tq be-ant! remote a part c;' the property eovered by this Mortgage; and ail of the .foregoing, utgcthcr with said
<br />property (or ti,e teaziehold estate if this Mottgzge is on a leasehold) are herein referred to as the "Property".
<br />Borioxet txrvaniu4 that Brzrrovrer is. iawfuity seised of the +ataie hereby conveyed and has tht; right t~ mortgage,
<br />grant and cot-vty the Pmpier<y, ttte. the Property is uneneumtxred. and chat Borrower will warrant and defend
<br />gtuataiily the tick fo the Property agtJnst,all maims and.dernands, subject to any declarations, easements or restrictions
<br />listed in a srhrdalc of exceptions to coverage in any title insurance poEicy insuring i_endcr's ;atrrest in the Pr;:perry.
<br />tilSF'F 3/8fi
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