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r-- STATE OF NEBRASKA, County of .......................... ..............................: pR Filed for record and entered in Numerical Index on 103708 ................................. ............................... at ................ o'clock ................ M. 0 / and recorded in Mortgage Record ......................... Page ........................ By.. .. . Cauoty Clerk or Deputy. County Clerk or Register of Deeds Deputy Register of Deeds REAL PROPERTY MORTGAGE Kimkhanh & NguyenleHieu, husband and wife each in their own right and as spouse of the other herein called the mortgagor whether one or more, in consideration of — Fifteen Thousand & no /196 — dollars. ($15,000.00) received from mortgagee, does mortgage to First State Bank Shelton, NE the following property to -wit: Lot 5, Block 26, Gilbert's 3rd Addition to City of Grand Island, Hall County Nebraska. 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 persons whomsoever. This mortgage is given to secure the payment of the promissory note of this date made by mortgagor for $ 15,000.00 payable as per terms of note of even date and any extensions or renewals. 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 and shall maintain fire. windstorm and extended coverage insurance with a mortgage clause on the buildings on said premises in the sum of * 20, 000.00 If mortgagor fails to pay such taxes and assessment% 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 dite 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 secured 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 coliectiou. Dated June 5, i9 87 ........ .. tic ?��- .�.1 ...................... Q.?....�.... STATE OF NEBRASKA. County of .....uEfalo Before me, a notary public qualified for said county, personally came Kimkhanh and Nguyenleiiieu, husband and wife each in their own right and as spouse of the other. known to me to be the identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be his, ber -or their voluntary act and deed. } . Witness my ha notarial seal on June 5, 5 87 s t . 7........ ..:.. .. .. ..... .... otary Public My commission expires ....................... ............... 19f1...... Form 42 to he approvett hr Nd bra *s State liar Association °'° "•• •• ` " "' • °••�