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86-101139
<br />MORTGAGE
<br />ifto lotnturt, us" sad Executed of�ctober.--A. D129-5-•
<br />ba, 14ichael R. Flodman and Debra L. Flodman, husband and wife,
<br />by and -------- .......
<br />. ....... ... . ..... 6$EM ------ - - . ...... . . . ........ . ..... varty'd flu first part,
<br />Oviaha National Bank 424 West Third Street PO Box 2006
<br />- - - ------- -- ------- --- ------- -""* .. ....... .. ------- -
<br />Grand Island, Ne 68802
<br />.............. .1 11 ----------------- of the Seca" Pon.
<br />WITNESSETH, that the said party of the first part, for and in eonsiderztion _EiX2 ........... -
<br />Hundred & 00/100-----(7,500.00).----------- - - - - - -- DOLLARS, paid by said party of the
<br />. ......... -
<br />- ...
<br />socced part, Um r*ce* wbersef in hanby aektsowledged, has granted, bargained, sold and conveyed, sad bytisseepressaw, don grant, bar
<br />aell end convey, usto mW party of the second part, the following described real property situate in the County of.-
<br />pin. of Nebraska, to-wit:
<br />6. b
<br />feet in-mid-th.. yj-32,.,..-Feet, injength,formerly beintj
<br />........ . ..... — .......... ......
<br />that part of West llth street of the City of Grand Island, Fall County, Nebraska,
<br />.--•----_-__-_-_----._-- _.-- •------ -......._.........__ � . ................ .... ... ........... ...... . ....... . ...... ........
<br />vacated by said city of Grand Island on the 5th day of October, 1960 by
<br />..... ........ . . .... ............. . ......... .... . ......
<br />follows= OrctnancP #3_d; ciascriberi as Beginning at the Soitheast corner of
<br />.. . ........... ---------- . . ....... . . ..... . ..... -........ . ...... . ........
<br />Lot 1, Block 9, West Park Addition to the City of Grand Island, Nebraska; running
<br />----------
<br />thence West bil 96iiEfi 11fi6'6f said" a 6i`s.tdfi'ce`-6f` - '13-Z-
<br />.............. ...... ........... . .......... ' ............ . ... ........... ........................ . ....... . ......... ..........
<br />Southwest corner of said Lot 1; running thence South on a Prolongation of the
<br />............. . --- --- - ---- ---- ........ . .......... ........ .........
<br />West line of said Lot 1, for a distance of 66 feet to the Northwest corner of
<br />Eases Lot S, Block 16, of said West Par7c Addition; running thence n tt
<br />together With 611 the tenements, hereditweents sod appurtenances to the same belonging, and all the estate, title, dower right of homestead,
<br />claims AU4 donoods whatsoever of the said party of the first r * or to said
<br />saiand of a a Ises 0 part, th@70d; and mW party or the first
<br />Sj
<br />r"=,,w any
<br />part dose hereby covenant, that said party of the &A Pon is that said promises an free from tacumbrasse
<br />subject to first mortgage held by First Federal L' (
<br />. ....... -—!W iiuli said party of the first part wilt
<br />,warrant said defend the title to said premises against the lawful alwma and demands of all persons whomsoever-
<br />- - - ------- ..................... --.'.---. ....... . ........ ...... ................. ..
<br />PROVIDED ALWAYS, and them presents we upon these conditions:
<br />WHEREAS, said party of the first part has executed and delivered to the said party of the second part.....-- --._ ---
<br />promissory zjote_jAtpd modifications, renewals or
<br />-------------------------
<br />extensions thereof
<br />....... .... .............-- .......... ........ . . ...... . .......
<br />and whereas, the party of the first part has agreed to keep the buildings, if any, upon said premises, insured in some company or companies
<br />approveAl by said party of the second part, for the sum not leas then 5 . 0 . 0 . --
<br />and deliver to said paAy of the second part the policy or policies vontsming.s. clause with tLe loss payable to said&y of the second part
<br />or assigno. and has agreed to pay *11 taxes and assamments Lgam--t said s before the same, by law, become d Inquent, and has agreed
<br />premise;
<br />that if Said party of the first part does not provide such insurance, orfails to pay all taxes as aforesaid, then said party of the second part, or
<br />holder hereof, may pay such insurance and taxes, or either of them, and all amounts so paid by said party of the second part shall bear in-
<br />terest at the rate of nine per cent per annum from the date of payment, and this mortgage shall stand " security therefor, and said own MY
<br />be added to the amount of the mortgage debt, sad the same recovered as a part thereof. Now, if the said Party of the first Part Shall we
<br />sad truly nay or cause to be vaid the said sum of monev in said note...... mentioned. with interest thereon according to the tenor and effect
<br />of said note . - and shall keep said buildings insured as aforesaid; and shall keep all taxes and &comments paid, and shall duly keep, and
<br />perform all the other covenants and agreements herein contained, then these presents to be null and void. But if said am of money or any
<br />part thereof, or any interest thereon, is not paid when the name in due, or if said buildings shall not be kept insured am aforesaid, or if the
<br />um. —A Is"Od"Its against said premises are not paid at or before the time the "we become by law delinquent, or if said party of the
<br />first I., shall fail to keep and perform any covenants herein contained, the holder hereof "I have the option to declare the whole of said
<br />indebtedness due and payable " any time after such failure or default, and me maintain action " law or equity to recover the some,
<br />and the commeseemaA of such action shall. be the only notice of the exercise Y=rUoa`re*qeuir*d.
<br />AN D IT 18 FURTHER PROVIDED AND AGREED, That the said Mortgagor shall and will pay all &Lxm levied upon this mart-
<br />or the debt secured thereby, tqWAw with any other tam at assommouts which may be levied under the Love of Nebraska, against tie
<br />said Mortgages or the legal bolder of the maid principal note -- an account of this indebtedness.
<br />Titsttmonr Iftritot, ---i9 --- t
<br />IN PRESENCE OF
<br />9TJiT? OF NEBRASKA, �
<br />County ofA-4ii on this .............._._..._ —.. _._..._...__......_.........day of..._................. -- - .- -- - -.A. D.—
<br />before me. a Notary Public in sod for the said County personally name aw Move awned-
<br />Michael R. and Debra L. Flodman
<br />I
<br />... ........ ........ ........ ... ... .... . .... ............ ..... . ..... who
<br />.are _,_ -PersowdlY known to me
<br />to be the identical parsoas Whose names Ji1e-
<br />Lfliuvod to the above instrument
<br />an .- grsaLor.s .. ..... acknowledged said instrument to be- then I . . _r Voluntary
<br />40K�R*�-7z
<br />set sat
<br />Na
<br />Alai
<br />WITNESS my hand sad No Sea] the dsteiAs k"
<br />i�4
<br />ntary Public.
<br />`'haay of----
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