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~~~~~ This mortgage made and entered into this 2nd day of October ' ltb g0 ; by and betreen David L. Lorenzen and Cindy S. Lorenzen ti/b/a Big Daddy's, Husband and Wife iheteinafter• referred to as mortgagor) and Cottntercial National Bank. & Trust Co. (hereinaftez referred to,as mortgagee), who maintains an office and puce of business at P. O. Box 1267, 424- W'. Third- Street', - Grand Ss land, Nebraska 68801 wiTNE59ST13, that for the consideration hereinafter stated, receipt of which is beech] selinowiedgetf. the mortgagordoes hereby mortgage, sell, grant, aaigo, and convey unto the mortgagee, his succeasora and atrigtes, ail of the following dexribed property eitwted and bein6inahe County of Hall State of ,Nebraska -Lod Three (3) GadeLSubdivision,in Hail^County, Nebraska ' 'Pugethrr with and including a14 buildings, all fixtures including but nut limned to all plumbing, heating, lighting, vrntilutiog, re{ri gemting, incinerating, air conditioning npparatus, and elevators (the mortga gtrr hereby declaring Atat it is intended drat the items herein enumereted shall be deemed to have been permanently insluUed an port et the renlts), amt all improvements sow or hcreuftee existing thereon; the hrreditaments and appurlenunces and nil other rights there- unto belonging, or in aaywixc• appertaining, and the reversion and mvrrsions, remainder and rentaindcn, ail r=:ghts of rademption~-and the ri;eln, issac, and profits of the above drsrrihrd property (provided, however, dla! the mortgagoe Hhalt he erdi'tled to the possession of said ptnpeny and to collect and main the rents, issues, end profits until dofanlt hereunder). To have and to fioid the same unto Ihr mortgagee and the suoerssars in interest of the morlgugi-.~ i'on•vrr in fee simple or such other estate, if any, us is stated herein. The mortgagor covenants that he is lawfully-seised and poseeseed of and has the right to xll and convey said property;_that.the egme is free from all encumbrances except as hereinabove recited; and that he hereby binds himself and bite eiiccessora in interest to warrant and defend the title aforesaid thereto and every pan thereof against t-jio cla;ms of aFi personp whgmaoever. This inptrunreat isgivert [o secure the teayment of a prmniseon note dated October 2, 1980 in they priucipalsum of E _7Q, OOD-.40 - ,signed bt David L. Lorenzen and Cindy S. L~srenzen in-behalf-of Caacasrcial National Bank & Trust Co. d/b/a Big Daddy's SBA FOftM 92a !L•T 31 VqE Vt0 U5 EDtTI~JNS AFF. OBSOLf.TE