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<br /> y7.A—REAC ESTATE MORTGAGE—(With Aent Asaignmenq (Revised 1982) �n,a t[uRmw�Grne(p�S�pply ISousc.I.v�lu.h.nc � . �
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<br /> KNOti'ALL M�N IiY TIiESE PRESENTS: THAT LeD P. Mc Gowan and Ramona M. N�Gowan ! i
<br /> '�; � Husband and V7ife, each in his and her owj� ,;
<br /> � � right and as spou.se of the other +
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<br /> ; . � of .� � �;• Hdll��� ' riO��.QQnty,�nnd$tate of Nebraska� . � �- �„�onsta�raiw�ot u��f��t � ;
<br /> r^ � two thou'sand and ------------------------------------------�,or.Lnas '
<br /> �i in tiand psid,du herchy SELL and CONVL'Y unto,F1V6 POlritS BflriIS ;� '
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<br /> s :..i. t,f ' � Ha�� � � C,ounty;Btate of NebT'dSkd��.�� the following�descriUcd pmmi�es situaicrl . .
<br /> r�'� il �n �$dll . . - . County,�,�a s�ui�or. Nebraska� . �o-.°'t: �
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<br /> : 1 Lot sixty eight(68) of Suenavista Sui�division in the � ;i
<br /> � E '� Gity of Grand:Island� Ha11 County Nebraska '
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<br /> '! �The intention Ueing to rnnvey hereby nn absolute Utte in!ee simple,including all ihe rights of homesiead and doHer. j �
<br /> � � TO HAVE�1�D TO IiOLD the premises above descrihed, with all the appurtenances themunto Ixlonging unto the sa�d � '
<br /> - Leo P. McGowan and Rataona Mcgowan ( �
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<br /> � . y � �a fo�-their heirs flnd assi `j �
<br /> gns;forever,provided ulwa^a,and these presents nre upon the espress conditiuns that if 4 j �
<br /> � � thesaid Leo P. Mc Gowan an d Ramona M c Gowan f
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<br /> t � z`heir }�eirs,ezecuinrs,administruto7s or assi ns shali `
<br /> s .� � . . g pay or cause ta l�e paid t� the said � ii � �
<br /> ��� � � heirs,exctiutors,administrutor or nssigcis F
<br /> '. � u,��,p,ot Trro thousand and no 100-------------------------------- f
<br /> : � --Bollars,paya6le � � .
<br /> j� � µith interest thereon aL �-1 � per cent per�lan!n/�u/m,pa•able/ I/L -t/�! eS ❑Mually nll uccord'uig.to.ihe tenor nnd ( . � �. � �
<br /> : � : � etTect o[the promissory note ��Ln/irt4'��8�6�Mon of saidLC'O P.�.AICGOW311 - flIIC1� � � � � � �
<br /> � }i Ramona M. MCGOWdil �aring even date of ,:ind shall pny � I
<br /> �� `. i nll ta�es nnd assessments levied opon said real estate before the same becomes delinqvent, nnd keep thr. buildings on said i; � �
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<br /> � ; �j preailses iruured for the eum of S 12��0 loss, if any, payable tu the snid modga�ee, then lhese presents to be void, � �
<br /> �i � olherwise t�be and remain in iull force.Principai und intemst paynble at:ttie oQice of F1V.E PO111tS Bank �
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<br /> s j IT IS FURTHER AGREED, (1) Thet if the said mortga�or shal(fail to pay such taxes oz procure such insnranm,the � "
<br /> � said mortgagee may pay such taxes and procure such insurnnce; and the sum so ad��anced,wilh interest at per cent �
<br /> ', per annum shall be repaid by r,nid mortgagor, and this mortgage shall etand as security {or the same. (2j It ie sYipul;�ted I � � � .
<br /> � and agreed that in cnse of uny detault in nny of the said pnyments of principal or m[erest,tnse�or'visuranrn,or ot ung bmach 1 _ �
<br /> �� j or violation of any o[ the covenants or agreements herem mnkiincKl by the mort�agor, then and in�that c��ent the whole of � �.
<br /> said princips!sum hcreby sirurcvi,together with intere«,may at the option ot the holder bctirome due and payable nt once � � � �
<br /> �j and the said premises sold n9 hereinalter provided; (3) In cuse of:u�y default ns above speci6ed, the beneficiary or holder oi � : � �
<br /> -.i said indebtedncss shall at once become entitled to toreclosure and sale o(the premises,and shall be enGlled to imm�Yliate i � : � -
<br /> posession and use of the property, and to the renta �ssues and pmfits thereot,the same being Lerehy piedged nnd a;sign�Yl � ��. � .
<br /> .� us additional scruriry for the indebtedness which is secured by this instrument,and the holder of said indebt�dness ahall tx. � . � �
<br /> � enlitied to a receiver o( said property, and to the rents, issues aad pmfits thereof, immcdialely.upon such detxult, end a
<br /> �i � receiver may be ap{wint� 6y any rnurt of cumpetent�urisdiction upon ex-party applicatiun,and H�ithout aotice,notice U[•inq � - �
<br /> � � hereby expressly waivect,and the appnintment of svch ceceiver on sny such applica�on wdhout notice being hrrcby rnnsented I
<br /> ' � to by the mortgagor and all persons clauning by,through or under hun, and nll ren[s and prohts, income and revenu�� from � � �
<br /> � �� fi aid property ahali tx� held by the receiver as addi4onal security[or the payment of the debt I�ereby s��cvrcYl. � . � . . �
<br /> . �' y _ Signed this vg%� day of �� ,15 7 i - - . .
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<br /> ; '.i ! In presenceof .... . -!/..�r_.. . � �'u'�
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<br /> ? ! 51'ATE OF........ ... .. ... ........................_.. Caunty oL...:./.GC��--ScL�!1%f..�l......._........... .._.: i
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<br /> ii I3efore me,a notary public qualified for said county, peisonally came /�p m 0 n4 MeGo4rar� �
<br /> � qnd �.�0 l�1cGoW4►1 I
<br /> ' j; �kno�m to me to be the identical person or persons who signed the [oregoing instniment and ucknowledgcd the ezecution � �
<br /> i j ) thereut to ' her or Weir volunGiry act and deed.
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<br /> ii � My mmmis _ A�i�'[fiRliar�•1 19 �1���.tr�-•-:a•U/,��Z tis�8�' N i -•��
<br /> . 71d' '...... .......... ..%.... . . ..----... otary PuUlic Y-; .
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<br /> " STAT� OF..:._.���.tQ3XQ.........__....__...._.......1 Ss Entercv3 un numerical mdes and filed fvr record i : �
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<br /> ,� Y �0.�iL_:......_..............._........_._._...� in lhe Register of Deede O�ce of snid County the �
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<br /> ...j i ......... ...dny oL.__...._......._........--�---..._........ 19._.......... at.._......----........_. o'clock and............... . . I �. [� :
<br /> . .........inmutee................._...Si., � �� � ,.
<br /> � �� � and recorded in Baok.....................__,...............oL.----......_..._.................at page..__..........._..--.......... ......
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<br /> . '� �;! ......._......--._...__..._......._........................._.......ReF. oi Decels � � ,_. ...
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<br /> � � By....._.................................__....._..._._.........._........._..__.Deputy : .
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