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� MW = <br />89- #02065 <br />Stephen E. Fitzgerald and Colleen G. Fitegerald, husband <br />and wife, herein called the mortgagor, whether one or more, in <br />consideration of Twenty Thousand Dollars ($20,000.00) received from <br />mortgagee, does mortgage to Theodore John Niehaus and Dorothy <br />Niehaus of brand Island, Nebraska= <br />The Kest Thirty -Six (36) Feet and Eight (8) Inches.©f Lot <br />Six (6), Block Thirty -Four (34), Original Town of Grand <br />Island, Hall County, Nebraska <br />And the mortgagor does _ ] e sby covenant . V0401.1 ;.�:I,rt. <br />pond with mortgagees' heirs aad: -4isigns thot _mo!�"t 0AP i _`:ihwfu <br />seized ''of. maid Premises, tit: they are : , froni_ d6mblance, <br />mortgages has Qood rift and' lawful..'.: riitavt 5 :acr''' .6;nvey the ,s r <br />and that. mortgatorr !�rarrants anti':, s��lk;:::.i end, t. tce title.ta asxci <br />PTO. ii�s " Es t :�� awful claimts ':�i� t���.- 7�s�i�o�tts `c amsoev� <br />This mortgagge. in. ', jEtven to secure the ` .124kyhMmt of the <br />promissory note of this date.made by mortgagor for Twenty Thousand <br />Dollars (620,000.00) payableiin monthly installments of principal <br />and interest of Two Hundred Seventeen Dollars and Four Cents <br />($217.04). <br />Mortgagor shall pay all taxes and assessments levied upon <br />said real property and all other taxes levied on this mortgage or <br />the note which this mortgage is given to secure before the same <br />become delinquent and shall maintain fire, windstorm and extended <br />coverage insurance with a mortgage clause on the building and its <br />contents on said premises in the sum of Fifty Thousand Dollars <br />($50,000.00). If mortgagor fails to pay such taxes and assessments <br />or procure such insurance, mortgagee may pay such taxes and <br />purchase such insurance and the amount so advanced with interest at <br />nine percent (9X) shall be secured by this mortgage. <br />In case of default in the payment of the principal sum or <br />any installment thereof or of any interest thereon when the sane <br />shail'become due or in case of the non-payment of any taxes or <br />assessments or of the failure to maintain insurance as herein <br />provided, mortgagee may at, the option of the mortgag , without <br />notice, and at any time during the continuance of s:zch desfaalt or <br />breach, declare the whole debt secured by tb1s mortgage to be <br />immediately due and payable and may foreclose this mortgage. <br />In the event of default in the performance of any of the <br />terms and conditions of this mortgage or the note secured by it, <br />the mortgagee shall be entitled to immediate possession of the <br />property 'above described and all the rents, revenue and income <br />derived therefrom during such time as the mortgage indebtedness <br />remains unpaid shall be applied by the mortgagee to the payment of <br />the note and all other sums secured hereby after deduction of any <br />necessary coats of collection. <br />•n. <br />r. <br />.. ' i'_ . •� tip' u, r ' f,.c` <br />s. <br />A <br />