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92 87-- 101500 "'Mman and Fallon i Wolf. Walton. Mt. 68461 REAL PROPERTY MORTGAGE i Michael A- Pcnhen b 9raan K &pka n herein called the mortgagor whether one or more, in consideration of One Dollar ($1.00) and Other Valuable Consideration i received from mortgagee, does mortgage to Dolly Pri the real property t described as Condominium Unit No. 305, The Yancey, a Condominium, A Condominium in accordance with the Declaration recorded on October 17, 1984, ;rider Document No. &4--005507 of t'ne ". County of Hall, State of Nebraska records i4 it And the mortgagor does hereby covenant with the mortgagee and with .mortgagee's heirs and assigns that mortgagor is lawfully seised of said premises, that they are free from encumbrance, that mortgagor has good right and lawful authority to convey the same, and that mortgagor warrants and will defend the title to said premises against the lawful claims of all persona whomsoever. This mortgage is given to secure the payment of the promissory- note of this date made by mortgagor for $ X3,598.73 - - -- payable in 1$0 installments of $540.99 each including interest at the rate of ni:rr Percent (9.007) per annum. Mortgagor shall pay all taxes and assessments levied upon said real property and all other fazes levied on this mortgage or the note which this mortgage is given to secure before the same become delin- quent and alts!! maintain fire..vtndstorm and extended coverage insurance with a mortgage clause on the buildings on said premises in the sum oft n If mortgagor fails to pay such taxes and assessments or procure such insurance. mortgagee may pay such taxes and purchase such insurance and 1be amount so advanced with interest at nine percent per annum abs]) be secured by this mortgages In case of defanit in the payment of the principal sum or any installment thereof or of any interest thereon when the same shall becomes date or in case of the 31011- payment of any taxes or assessments or of the failure to maintain insurance as herein provided, mortgagee may at the option of mortgagee, with- out notice, at any time during the continuance of such defanit or breach, declare the whole debt secured by this mortgage to be immediately due and payable and may foreclose this mortgage. In the event of default in the performance of any of the terms and conditions of this mortgage or the note secured by it, th, mortgagre shall be entitled to immediate possession of the property above de- scribed and all the rents, revenue and income derived therefrom during such time as the mortgage in- debtedness remains unpaid shall be applied by the mortgagee to the payment of the note and all other sums secured hereby after deduction of any necessary costs of collection. Dated It !larch , 18 � P n i STATE OF NEBRASKA. County of .. ` The foregoing instrument os acknowledged before m► 1 u �a '�^/ c. -4 (� a �.... °- !'u! 6 L - .................. .. 14. Sa 7 tiY •1 ;,1_C. s.�... ..... - `1�t!it`eM� w 1� _�tzp. ............ .... f ( � Signature of Perso aking Acknowledgment Title STATE OF NEBRASKA. Couuty of .......................... ............................... L Filed for record atd entered in Numerical Index on ...... ............... at .............. - o'clock ...... ...... _.. and recorded in Mortgage Record ........... .............. Page ....................... ......................... ............................... County Clerk or Deputy County Clerk or Register of Deeds Deputy Register of Deeds f� n {