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<br />6TAT11; OF l EORAHhA, Couuty of
<br />Filed for record and entered in Numerieat cadet: oil
<br />......... ........I...................... xt -.... o'clock tic ,
<br />and recorded it). Mortgage Record ................ Page .._..._..__ .
<br />lsy.......................... ............................... .
<br />County Clerk or Deputy County Clerk or
<br />Register of Deeds Deputy Register of Deeds
<br />$6-- 103726
<br />REAL PROPERTY MORTGAGE
<br />Beverly E. Nolan i:.•:•eiu I'Alcd the mortgagor whether one or more,
<br />in consideration of One Thousand Two Hundred Five and no /100 Dollars ($1,205.00)
<br />received front mortgagee, does mortgage to the C f r y of Grand Island, Nebraska ,
<br />a Municipal Corporation, the following described real estate, r_o -wi_r:
<br />The West Forty -four feet (44') of Lot Two (L. 2),Block Thirty -Seven
<br />(B. 37), Original Town, now City of Grand Island, Hall County,
<br />Nebraska.
<br />And the mortgagor does hereby covenant with the mortgagee and with mortgagee's heirs and
<br />assigns that mortgagor is lawfully seised of said premises, that they are free from encumbrance, that
<br />mortgagor has good right anti lawful authority to convey the same, and that mortgagor warrants and
<br />will defend the title to said premises against the lawful vlaim, of all persons whomsoever.
<br />This mortgage is given to secure the paynu•nt of the proniisxuy note of g/�tgde by
<br />mortgagor for$ 4,400.00 payable. 1n aceordan��e with said note. 7
<br />Mortgagor ,hall pay all taxr;; and as'emilieut., le, tell .:p.,n :.aoi real j.r„perty and all other taxes
<br />Icvied ott thl, mortgage or till. note which this mortgage is given to arcure before the same becorne delitt-
<br />yuent an<I shall ntauitam fire, wuulstonn still extrn,le,l rover$ge iusnrance with it mortgage clause on
<br />the bitildwgs ou raid prewi.,es tit the snm of $ If mortgagor fails to pay such taxes
<br />and a „essnuenh, or procure such insurance. nwrtg.,gev may pap stick taxes and purchase such insurance
<br />and the uniount so advan, ed with interest at nmr perrerit I „•r annum shall he secured by this mortgage.
<br />In ra,v of default in the payutent of the prinrrpal ,o:o or any installment thereof or of any interest
<br />thereon when the same shall lwconte duc or in ca of the rum payment of any taxes or assessments or of
<br />the failure to maintain ins;ininee its herciu providt-d, mortgagor may at the option of mortgagee, with-
<br />out notice, at any time during the continnanee of such default or breach, declare the whole debt secured
<br />by this mortgage to be inimediately due and payable and may foreclose this mortgage.
<br />In the event of default lit the performance of at:)- of the terms and conditions of this mortgage or
<br />the note secured by it, the inortgagec ,hall he entitled to nnnn•diite pos.ession of the property above de-
<br />scribed and all the rents, rrvcmtc and income derive,l then,from ,luring sucli time as the mortgage in-
<br />dehtednevs remains unpaid shall be applied by the ntortgag, - to the payment of the note and all other
<br />mums secured hereby after deduction of arty necessary costs of rull.•ctmn
<br />Dated July 8, 19 86.
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<br />STATE OF NEItRASK A. i •omit i of HA, 1,;
<br />Before ml., a notary public ...... ifu I for ,:u.1 roimtc. persn....Ily carne
<br />r iww.�r.r. w
<br />QI�BF7 Beverly E. Nolan
<br />known to me to be the i.l,•ntwal person or porsorts nvho silmed the
<br />foregoing instrument and ncknoaiedged the execution thereof to be his,
<br />her ,r their voluntary act aad dyed.
<br />Witnes., my haini i vd notarial weal .it JuIv 8, 1986
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