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STATE OF NHBRA$KA, Dour._ of .......................... ..............................: nod for record and enter.. in Numerical Index on .... M ........................... ............................... at ................ o'clock ................ M., andrecorded in Mortgage Record ......................... Page ............. .... ... I... ............................ ............................... By ............................. ............................... g� 1 O 8 p pp98 County Cleric or Deputy County Clerk or Register of Deeds Deputy Register of Deeds REAL PROPERTY MORTGAGE Larry Brannagan and ]rose Mary Brannagan 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 - - - Thirty Thousand dollars - - - ($30,000.00) received from mortgagee, does mortgage to rirst State 15ank Shelton, NE the following property to -wit: Lot 16 in Block 21 original town, Village of :Mood River, Ball 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 $ 135 , 000.00 payable as per terms of note and any renewals extensions or additions thereto. 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 $ 35, 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 sutra 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 secured by it. t.lae mortgagee %hall 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- elobtedneas remains unpaid shall be applied by the mortgagee to the payment of the note and all other Sums "cured hereby after deduction of any necessary costs of collection. Dais June 1, 19 87 t STATE OF NEBRASKA. County of .... AL1f'flak g ............... ..............................: Before sae, a notary public qualified for said county, personally came Larry Brannagan and Rose Lary Rrannagan 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 foreping instrument and acknowledged the execution thereof to be his, her or their voluntary act and deed. Witness my h d notarial scal on ...... ........... .............1.,....1.�.a...... Nil ... ........... ........... Notary Public My coummimaien ezpires ....... _ ...... .... J....y. .......... 19 0.... Vorm 92 to be sloproved by aN°whmnks State Ilar Aasaeiati an e..arw .w .,,..-- ....,,. t.