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0 9 2 N Q 101722 22 Huffman and Felton & Wolf, Walton, He. 68461 REAL, PROPERTY MORTGAGE Robert F and Ruby A Washington , herein called the mortgagor whether one or more, in consideration o£ - -Two Thousand Dollars and No /100 - -- received from mortgagee, does mortgage to Stanley M. and EVa L. Mullings Lot # 1, Block 4, in South Grand Island, Hall County, Nebraska known as 702 South Sycamore Street. 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 lawfill authority to convey the same, and that mortgagor warrants and will defend the title to said premises agsinst tree lawful claims of all persons whomsoever_ This mortgage is given to secure the payment of the promissory note of this date made by mortgagor for $2,000.00 payable 9500.00 October 1st, 1987, $500.00 October 1st, 1988, $500.00 October 1st 1989, $500.00 October 1st 1990 plus interest at 6%. Mortgagor shall pay all taxes and assessments levied upon said real property and all other taxes levied on this mortgage or the note which this mortgage is given to secure before the same become delin- quent ami shall maintain fire, windstorm and extended coverage insurance with a mortgage clause on the building; on said premises in the sum of :$ 35,000-00 - If mortgagor fails to pay such taxes and assessments or procure such insurance, mortgagee may pay such taxes and purchase such insurance and the amount so advanced with interest at nine percent per annum shall be secured by this mortgage. In case of default in the payment of the principal sum or any installment thereof or of any interest thereon when the same shall become due or in case of the non- 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 default 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 eeured by it, the mortgagee 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 G 19 ..fir 1� ............................. .....�....................._... ........1.` ... _...._-- -----..._ __........._... iTATE OF NEBRRSKR, County of -- LkMQI�r .- ------ - °.-- --- -- ---- -- --- - -- The foregoing instrument was acknowledged before me __ _. _ >y --- --- ------ -- ---- -- --- ---- --- --- .- ..... ------------ ---------- -- -------------- ------- .-- - 1 Signature of Perso g owledgment Ab"Ay ---- --- - - - - -- -- - - -- -- - -- - ------------------ Title STATE OF NEBRASKA, County of .......................... ............................... Filed for record and entered in Numerical Index on ................................. ............................... at ................ o'clock ................ M., and recorded in Mortgage Record ......................... Page ........................ ....... .................. By ... .......I. .I...... ............ County Clerk or Deputy County Clerk or kegihter of Deeds Deputy Register of Deeds