To remove 'more-link' try to add this code to your functions.php :
if ( ! function_exists( 'new_excerpt_more' ) ):
function new_excerpt_more($more) {
return '...';
}
add_filter('excerpt_more', 'new_excerpt_more');
endif;
And also in template the_excerpt(''); should be instead of the_content('');
Customizing the more-link in WordPress.