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~r~,----- ~ _ . ~~ This-mortgage made and enieied~-into [leis - 2nd- - day of October' - ~ - ~ ~ ~ - 19 gp , by and between David L. Lorenzen. and- Cindy S. Lorenzen, Husband and.,-.Wife, (hereiaatter referred to as mortga~r) and Cottmtercial National Bank 5 Trust Co. • (hetreiaafterretemed-ta as mortgagee), who maintains an oftiee end place of~hnaintnrs at P. O: HeSx 1267, 424 W: 7Riird'Strt~et; -- Grand Island-, Nebraska 6$$01 - - - Wtrtwsst>'rx, that for the contdderadon hereinafter stated, receipt of which ie hereby uitnewhd6ed-flit mortgagor data hereby mortgage, sell; grant, assign[ and convey onto the- mortgagee, hie ntteceotre~ sad assigrss; sit of the following-desctibed property situated and being in the Cotmty of Hall - + State of Nebraska i Lot.Two (.2) in Fractional S1ockEigHt~($)inWoodbine.,Piddition-to'The~. .Clap of Grand Island',.'tJabraska `1'obretitrrwhit and including x11 batldiagw, ail fi>zton~a including but not limited to nil plumbing, heating, lighting, ventilating, refrigerating, ineinetrotiag, air +amditioning xppawtaa, and elrvowrs (the mortgagor herrhv declaring that it is intaadtal that the itetas hmrin enumeratrJ shall Iw deemed to have horn pomutnently installed x~ part of the n•alh 1, atxl nlt impntvetaeutx now or hcreaftt+r existexg thtupi+a; the hereditaments and appuHrnaxcer, and oil other rights there- anto belonging, ur is xxywi:.r appertaining, and the rrycrYinn xad rr vrrsixn~, remainder sad rratnindrrn, all ri Kln. rrl redemptlan, and the react„ ixxac~., and ltrpfit~ •+( tln~ uM, ve +lr~crihecl propcrtti i pr.+vided, however, that ,ht- ;ar:nltxK..r shalt bn ealificd to tho possession of said progeny and to ivtllect and rrtnin the rents, iHauc., and profits xntii default hett~wnderi. "I~n have and tolwld the .tixmr unto the mexegagev and the suecr•ks.wa rn intrrr~t of the mortgag.. faretcr in fee simple, ur eac(t other rsta le, if any, as it: .wtatrd herein. Tile raortgagar eovenanta that he is iawfui}y ceized and poesemerl-ot and has the right to sell and convey said property: RhgR the. aamo io free from all encumbrances ezcept as hereinalxtae recited; an+i that he hereby bindx himaeli and his sucerasors in enterret to warrant and defend the tide aforesaid thereto and every part thereof ngainet liu, elaittit of all persons wht»ttsaever. Tlty itWrumpyt is given to secure t{te t+a Ytoent of a proutiasoey note dated ;)rto~r_i ', 1}380 in the.~principalsumofS 70x000.00 •signedbv t?aeid L. i,or~n~en an:: Cindy S. nor.-t;~e;: in behalf of ~?reial t7ar.,iortai xiar~ ~ 't'eas[ Tr.