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<br />h n + W 0RAI 4t y y A� , herein called the Mortgagor, one or more in
<br />consideration of 741V4 -t l «uS ccnc't n l y) e- h Lutidr e d E i %4w Dollars
<br />and Lo e 4-u — e Cents, ($, `i Fo • z I ), received from the
<br />Village of Alda, a Nebraska unit of Local Government, herein called Mortgagee, does \
<br />mortgage to Mortgagee the following described premises situated in Hall County and the
<br />State of Nebraska to wit: (legal description)
<br />Loo NIvLE(9), 1310cK Niae(q), C(a.vy-. 5 Fir,5-f
<br />Add l+ bvi --�o -ffAe U tics e ©� H- 6C-C-
<br />CCUA k�, V1e4g- Va5I!t,4-
<br />And Mortgagor covenants to and with Mortgagee that Mortgagor is lawfully seized of
<br />said premises, that Mortgagor has good right and lawful authority to convey the same,
<br />that they are free and clear from all encumbrances and restrictions and that Mortgagor
<br />warrants and will defend the title to said premises against the lawful claims of all persons
<br />whomsoever.
<br />This Mortgage is given to secure the repayment schedule of the Promissory Note dated
<br />n—Q, 1,7 0000 , for loan monies to be received by the
<br />Mortgagor.
<br />In the event of default in the payment of the principal sum at such time as the property is
<br />sold or occupancy changes, Mortgagee may under the conditions set forth in the Loan
<br />Agreement, declare the whole debt secured by this mortgage to be immediately due and
<br />payable and may foreclose this mortgage.
<br />In the event of default in the performance of any of the terms and conditions of this
<br />Mortgage or Promissory Note secured by it, the Mortgagee shall be entitled to immediate
<br />possession of the property described and all the rents, revenue, and income derived
<br />therefrom during such time as the mortgage indebtedness remains unpaid, shall be
<br />applied by the Mortgagee to the payment of the note and all other sums secured hereby
<br />after deduction of any necessary costs of collection.
<br />Dated this ,' — day of
<br />Borrower's Signature Borrowees Signature
<br />STATE OF NEBRASKA )
<br />SS:
<br />COUNTY OF HALL )
<br />Before e, a Notary Public qualified for said C Q4 y, persoItLrick-
<br />known y came
<br />fqlj N Me, V, r LK and o to me to be the identical person(s) who signed the fore ing instrument and
<br />acknowledged the execution thereof to be their voluntary act and deed.
<br />WITNESS MY HAND and otarial sal this day of
<br />Notary Public
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<br />ALDA COMMUNITY DEVELOPMENT BLOCK GRANT
<br />•°
<br />REAL PROPERTY MORTGAGE
<br />FOR LOAN MONIES
<br />h n + W 0RAI 4t y y A� , herein called the Mortgagor, one or more in
<br />consideration of 741V4 -t l «uS ccnc't n l y) e- h Lutidr e d E i %4w Dollars
<br />and Lo e 4-u — e Cents, ($, `i Fo • z I ), received from the
<br />Village of Alda, a Nebraska unit of Local Government, herein called Mortgagee, does \
<br />mortgage to Mortgagee the following described premises situated in Hall County and the
<br />State of Nebraska to wit: (legal description)
<br />Loo NIvLE(9), 1310cK Niae(q), C(a.vy-. 5 Fir,5-f
<br />Add l+ bvi --�o -ffAe U tics e ©� H- 6C-C-
<br />CCUA k�, V1e4g- Va5I!t,4-
<br />And Mortgagor covenants to and with Mortgagee that Mortgagor is lawfully seized of
<br />said premises, that Mortgagor has good right and lawful authority to convey the same,
<br />that they are free and clear from all encumbrances and restrictions and that Mortgagor
<br />warrants and will defend the title to said premises against the lawful claims of all persons
<br />whomsoever.
<br />This Mortgage is given to secure the repayment schedule of the Promissory Note dated
<br />n—Q, 1,7 0000 , for loan monies to be received by the
<br />Mortgagor.
<br />In the event of default in the payment of the principal sum at such time as the property is
<br />sold or occupancy changes, Mortgagee may under the conditions set forth in the Loan
<br />Agreement, declare the whole debt secured by this mortgage to be immediately due and
<br />payable and may foreclose this mortgage.
<br />In the event of default in the performance of any of the terms and conditions of this
<br />Mortgage or Promissory Note secured by it, the Mortgagee shall be entitled to immediate
<br />possession of the property described and all the rents, revenue, and income derived
<br />therefrom during such time as the mortgage indebtedness remains unpaid, shall be
<br />applied by the Mortgagee to the payment of the note and all other sums secured hereby
<br />after deduction of any necessary costs of collection.
<br />Dated this ,' — day of
<br />Borrower's Signature Borrowees Signature
<br />STATE OF NEBRASKA )
<br />SS:
<br />COUNTY OF HALL )
<br />Before e, a Notary Public qualified for said C Q4 y, persoItLrick-
<br />known y came
<br />fqlj N Me, V, r LK and o to me to be the identical person(s) who signed the fore ing instrument and
<br />acknowledged the execution thereof to be their voluntary act and deed.
<br />WITNESS MY HAND and otarial sal this day of
<br />Notary Public
<br />.n1
<br />t Co_; 8F
<br />aua� rrousln�
<br />OPPORTUNITY
<br />
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