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<br />STATE U!•• NI- AMCAShA, County tit .
<br />Filed for record and entered u► Nutuerwal lodox on
<br />.............. . ............... .. ...... I .......... .. ... I........ 'it .. . ..... o'doc•k ................ \l
<br />and recorded in Mortguge ltecortl ...— .. .. . , Vogl. ............. ,
<br />County Clerk ar Its• .....Deputy t.'on,tty, Clerk oe
<br />W inter of Deeds Deputy Ilegiraer of Deeds
<br />REAL PROPERTY MORTGAGE
<br />89- x,42804
<br />• DEBORAH LYNN KOCI, a person single Z3 P herein raUrd the mortgagor whether one or tnoro,
<br />in consideration of Thirteen Thousand and no /100 - -- Dollars ($13,000) ---------- ----- --
<br />received from mortgagee, does mortgage to the City of Grand Island, Nebraska,
<br />a Municipal Corporation, the following, described real estate, to —wit:
<br />Lot 10► Block 5, Evans Addition to the City of Grand Island and that
<br />part of vacated Evans Street vacated by Ordinance No. 5598.
<br />And the mortgagor does hereby covenant with the mortgagee and with mortgagee's heirs and
<br />assigns that uroctgagor is lawfully (pied of said pretuises, that they are free froul encumbrance, that
<br />mortgagor has gar►d right and lae•ful authority to convey the same, and that mortgagor warrants and
<br />will defend the title to -said preuusea against the lawful clai►us Qf Wit persartA. whomsoever.
<br />This wortgag;e is. liven to seeure the payment of the prurr,usaory 110V� of this date made by
<br />u►ortlgagor for $ 139000 payable, in accordance with said note.
<br />Mortg;ag ;or, s'zaCl pay. all taxes arnd assesau►et►ts le► ied tarots. said . real prope.�rty and all other taxes
<br />levied utt this cuOrSrage or the note which this mortgage i� gt,Vutt to secure befor.,- the same become Jelin.
<br />Wit•ut aml Shull ivaitataiat fire, witulstorrn and extended rover'Mq;c itratgruttce with' a raortg;afte clause on
<br />tlee hu►I+lings on sa►+I tpremn+.5s in the sum of * 13,000 It. mortgagor fails to, pity such taxes
<br />Mill ss,;essauent% or proeare such insurance, nortgagee tnny pay sti¢h .nixes art([ purchase such insurance
<br />au +1 the untotuet sit advut►eed with interest at nine p+rrent t,;tr annuttr shall be secured by this mortgage.
<br />111 ruse ot'default in the payment of the principal sun,, vtr any. ijJ.laalhnent thereof op of any interest
<br />therveirt •wiaen the same shall become due or in ca-w of tree trritt•paym'ent; .of any taxes or assessments or of
<br />the failure to maintain insurance as herein provided, tnortgttgee ,nay at the option of mortgagee, with-
<br />out notice, at. ally time during; the ('onlinuance of Hitch detiult or breaeh,.+leclare the whole debt secured-
<br />by this mortgage to be imutediately due and payable and iutitr• foreclose this mortgage.
<br />In the event. of default ill the p m
<br />performance of any of the ters avid conditions of this mortgage or
<br />the note secured by it, the nnortg;adre shall be entitled to iuintediate pasty ession of the property above de-
<br />scribed and all the rents, revenue and .ineotne derived therr•frotn during such time as the ruortgage irr-
<br />debtedness remains unpaid shall be applied by the mortgagee to the payment of the note and all other.
<br />,ulna secured herelty after deduetiou of any necessary costa of eollectiou.
<br />Dated May 9, 19 '89
<br />............. ..:..::................................ ............................... ......:� x es!�o Defior aii lyiin K ci ............. ............. •
<br />;CMASKA, .........t: HALL
<br />......
<br />Before Inc, a notary public yuulified for a.ai/l enunty, per ;nnall.)• eaule
<br />Ifnowll to me to be the identical person or persons who signed the
<br />t }� foregoing instrument and acknowledged the execution thereof to he his,
<br />her or their voluntary act and deed.
<br />Witness my hatsti 441(1 notarial seal wt ..... May 9, 1989
<br />JJJ...^^^� •�Le •"' I/)..{,,. ,f i. /fii.... -! ... N-oary l'taldic
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<br />'My r•hulruiv.lr.0 expires i /0
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