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<br />MORTGAGE 81--x; i- ~~ 5 ~3
<br />THIS MORTGAGE is made this..... , 21St ... .. ... day of... August ... _ _ . _
<br />... ..
<br />19..81 between the Mortgagor,. Dougl.as.K_. Clayburn.and. Constance. M. Clayburrt_,. husband. and wife
<br />and, Apse7, .N, , Cl dyburn, .a, si nql a per~em Borrower ), a^d the Mortgagee ........... ........ .
<br />Commercial ,Federal, Savings.-and .Loan. Associ.atlon..........., acorporation organized-and existing
<br />under the laws of Nebraska , , whose address rs
<br />......................
<br />3301_ West STate_ Street, .Grand .Island,. Nebraska.. 6$801...... _ ..... (herein "Lender").
<br />' ~ - - - Wttsaeas Borrower is indebted to Lender in [he principafsu:m of...FOrty One ThOUSdnd Fi-VE. , . .. , ; - - -
<br />Hundred dn~ 00/.100 -------------------°-Dollars, which indebtedness is evidenced by Borrower's note
<br />_ - - dated - AU~USt 21, 1981 , (herein "Note"), providing for monthly instzllments ofprincipal and interest, _
<br />with the balance of [he indebtedness, if not sooner paid, due and payable on.. May 1, 20U7 - -
<br />To St:coae to Lender (a) the repayment of the indebtedness evidenced by the Note,- with interestthereon; the
<br />- -payment. of-all other sums, with interest thereon, advanced in-accordance-.herewith [o,-protect the.security.of=this -
<br />Mortgage, and the performance of the coJeriants and'agreements of Borrower herrincontained, and (b) the repayment -
<br />of any future advances, with interest thereon, made tq Borrower by Lender pursuanr[q paragraph 21 hereof `(herein
<br />"Futiire Advances"}, Borrowe~ dpris hereby mortgage, grant and convey [o Lender the #ollowing described property
<br />located in-the County of..... a IL ...........................:..:...,; State of Nebraska:
<br />Lot nixie (9), Block twenty-one ;21), Parker and Bar•r's
<br />second addition to the-City of Grand Island, - -
<br />Hall County, Nebraska.
<br />which has t}tc address. of... , .....229 . ~ . ~~I'eY .... : ...... . .... . ......., ..Grand. ~ S;LlRd : , . : , ......
<br />Nk;brdska,.fi8801 (heroin "PropertyAddres.4"j; -
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<br />-:(Stale ann ZlP Cotlel - -__.. -.. _- -, __~
<br />- -- TQG87HHtk Wlth all ChC Im1V0~'ClnenCS Itnw OY hereat[cl [rt'Cll'~ On t{IC (lropcfty,.and All CA5rm@RtS,rlghlS, -
<br />appurtenances, rents, r4yahies, mineral, oil•and gas fights and-.profit,, water, water rights, and water snot. and all
<br />L dzCeemed ta6e-and remtainaatparh4 of ~he p opoprtytcovgrerl_byich, including icplaccments apd additions thetttq, alfall be
<br />this Mo_rtg,tg~, and_a[I of the_firrego__ing, together with_s¢id
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<br />"property (or fhr leasehold estate if this M~?etgaga is tin a leasehold) uie hrrrin referred to as tfie'`t'roperty'.
<br />- 'Borrower covenants-khat`Boirowcr-is lawfully salsed of tht estate hereby coneeycd acid Etas ihr right to rnartgagr;
<br />grant and convey the Property, {hat the Properq' is unencumbered, and That Borrower.wi~l warrant znd defend
<br />generally the title ko the Property againsr all clajms anil`dctitands, subject to an}° declanitions, rascmcnks ur trskricYiuns - • --
<br />Iists^sl in_a 4cJtsduls of excepkionc tti covera~~ in any titie_insurart~o_pttticy in>irring l,cnder's nnrre<t Pre the Property,
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<br />- - - NEBR~$~,°°i to A Famiir-~-,6;}S~ :FNk~/fNLMC UNIEt1RM INS1RURttNi - -- - - - ^R •-- - «.~ ~,•~,. - -
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