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85— OOis8.1
<br />✓l REAL PROPERTY MORTGAGE
<br />Richard
<br />and wife, herein called Hthe m Patricia
<br />mortgagor whether one orta more, uinand
<br />consideration of TWO HUNDRED TWENTY -ONE THOUSAND NINE HUNDRED
<br />SIXTY -FIVE DOLLARS AND NO /100 ($221,965.00) paid, the receipt
<br />of which is hereby acknowledged, and as security for future
<br />advances that may be made from time to time as consideration
<br />for this mortgage, does mortgage to Norwest Bank Grand Island,
<br />.14. A.:
<br />Lot Thirteen (13), Block Sixteen (16), Ashland's Addition,
<br />an addition to the City of Kearney, Buffalo County, Nebraska.
<br />A rectangular tract of land in ground in the Northwesterly
<br />corner of Block Eleven (11) of Windolph's addition to Grand
<br />Island, Hall County, Nebraska, having a Northerly Frontage
<br />Of Sixty -Six Feet (66') on John Street, a depth of One Hundred
<br />Thirty -Two Feet (132') and bounded on the Westerly side
<br />of Adams Street; and being what would be Lot Four (4),
<br />in said Block Eleven (11), were it subdivided into Lots in
<br />the same manner as the full Blocks in said Addition that
<br />are subdivided into eight lots.
<br />Lots Seventy -Six (76), Seventy -Seven (77), Seventy -Eight
<br />(78) and the North Three Feet (N3') of Seventy -Nine (79)
<br />Hawthorne Place, being a subdivision of part of the Northwest
<br />Quarter (NW-41) of Section Twenty -Two (22) in Township Eleven
<br />(11) North, Range Nine (9). West of the 6th P.M., Hall
<br />County, Nebraska.
<br />Lot Two (2) Block Fifteen (15) Wallich's Addition, an addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />The South 75.7 Feat of Lot Ten (10), Bloc!< Forty-eight riot
<br />Wheeler's Addition, an addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />And the mortgagor does hereby convenant with the
<br />Mortgagee and with mortgagee's heirs and assigns that mortgagor
<br />is lawfully seised of said premises, that mortgagor has good right
<br />and lawful authority to convey the same, and that mortgagor
<br />warrants and will defend the title to said premises against the
<br />lawful claims of all persons whomsoever.
<br />This mortgage is given to secure the payment of the
<br />promissory note of this date made by mortgagor and this mortgage
<br />is also given as security to mortgagee for all indebtedness that
<br />may in the future be incurred by mortgagor to mortgagee, and
<br />such future indebtedness shall bear interest from date of accrual
<br />at the rate as provided in the note executed on that date and
<br />secured by this mortgage, and shall be payable to mortgagee at
<br />the same place designated in the note. All such future indebtedness
<br />Shall be deemed a part of the indehtednOss secured by this
<br />mortgage, and shall he recoverable as such.
<br />Mortgagor shall pay all taxes and assessments levied
<br />upon said re.at property and all other taxes levied on this mortgage
<br />or the note which this mortgage is given to secure before the same
<br />become delinquent. If mortgagor fails to pay such taxes rind assess -
<br />rnetnts, mortgagee may pay such taxes and the amount so 1(1vdn1."ed
<br />with interest at fourteen percont per annum shall be secrued Iv
<br />this mortgage.
<br />In case of delault rn the payment of the prl tic IpaI
<br />utr, or amp instalimont t11Pt$1,0f 0t, of any it) 1(rt0st thereon when
<br />the srur.( ,)tall bcc,o1m, due or rn r a of the nonpayment rf ,tnV
<br />ttXP's nr tsr >tss.rnOnlr,, ntirrf40 ma t1
<br />ti thr� opfion, of niori;d""r(•,
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