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REAL PROPERTY MORTGAGE - 100143 Craig j. Meyer and Carol A. Meyer, husband and .rife, herein called the ,mortgagor whether one or more, in consideration of SIXTY-FIVE THOUSAND AND NO ',1100 t' I—LARS ( $65,000.00) paid does mortgage to Harlan .1. Meyer and Kathryne R. Meyer, husband and wife of Nelson, Nuckoids County, Nebraska, mortgagee: Lot Thirteen � 13) , Sunnvacres subdivision to the City of Grand Island, Hall County, :'Nebraska. And the mortgagor does hereby ccnvenant with the mortgagee and with. mortgagee`s Heirs and assigns that mortgagor as [awfully seised of said premises, that they are free from encumbrance. that mor tg3gor has good right .and iaWfUl authority to convey the same.. and that mortgagor warrants and will defend the titre to gait Premises agamst the lawful claims of all persons whomsoever, except TEquita.b -e Sa.vinss & Loan. .his mortgage is given .i secure the payment of the promissory note of this date .rude by ,nor!gagor for SixtV_ -Five Thousand Dc"ars iC 0V.`L !' pa':oC i.. in accordance Wttil the terms of said note. Nlortsagor snail oav a'il taxes and assessments Levied upon said real property and all o*her ':axes levied on this mortgage or the note whiC!'a this mortgage is Shen to secure I3eIOre the same become delinquent and shall maintain fire, windstorm and extencied coverage insurance with a mortgage clause on the buildings on said premises in the sum L. S65.C,00.t'C. If mortgagor fails to pay such taxes and assessments or procure such- insurance. mortgagee may pay- such tars and n- urc,ase such insurance and the amount so advanced with interest at nine percent per annum shall be secured by this mortgage. it case of default in the payment of the principal sum or any insiailment thereof or of any interest thereon when the same shall become due or in case of he non - payment of any taxes or assessments or of the failure 11 maintain insurance as herein :�,rcvicled. morts ogee =may at tC?e Opi lon at mortgagee. without notice. at any time during the continuance of such default or breach, declare the whole debt secured by ',his mortgage to be immediately due and Da,abie and .iay ,,rec ose this mortgage. the event of defa:: ; in _ne performance of any of the terms avid conditions of this mortgage or the note secured by it, the mortgagee shall be entit'ied to immediate possession of the property above described and al the rents, revenue and income derived ttierefror.1 during suet time as .he mortgage indebtedness remains ,unpaid sha'.l be applied by the mortgagee to the payment of the note and all .:her suns secure hereb °,r after deduclicn any necessary costs of co i-ction. Nei j <a K.A, a,g _.. s�rever i , w