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SYAIt OF NSUKASt+A 'ouuty of .r .......... ..... .... 85-- 006438 Filed for record and entered in Numerical Index on ........... -... at ................ o'clock ................ BI., and recorded in Mortgage Record ......................... Page ........................ ......... ...................... ......... ..I.......... County Clerk or Deputy County Clerk or Register of Deeds Deputy Register of Deeds REAL PROPERTY MORTGAGE David J. and Regina L. Chandler, husband , herein called the mortgagor whether one,, or more, & vife in consideration of Six Thousand Three Hundred and no /100---- - - -- -- Dollars ($6,300.00) received from mortgagee, does mortgage to the City of Grand Island, Nebraska, a Municipal Corporation, the following described real estate, to -wit: South Ninety -Four (94) feet of Lot Eight (8), Block One -Forty Seven (147), union Pacific Railvay Cos 2nd Addition to Grand Island, Hail 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 the; are free from encumbrance, that mortgagor has good right and lawful authority to convey the saint, and that mortgagor warrants and will defend the title to said premises against the lawful claiws of all persons whomsoever. This mortgage is given to secure the payment of the promissory note of this date made by mortgagor for s 6,300.00 payable, in accordance with said note. :Mortgagor shall pay all tars and assessment~ levied upon said real property and all other taxes levied on this mortgage or, the Hole which this mortgage is given to secure before the same become delin- quent and shall maintain fire, wirdstornr and extended coverage insurance tivith a mortgage clause on the buildings on said premises in the surd of $ 10,000.On if mortgagor fails to pay such taxes and assessments or procure such insurance, mortgagee may pay such taxes anti purchase such insurance autl the amount so advanced with interest at nine percent per annum shall be secured by this mortgage. In case of default m the payment of the lo•incipal stun or any installment thereof or of any interest thereon when the sume shall h-•eonu• tiuc nr in ettw, of the non - payment of any taxes or assessments or of the failure to tnsint.aun insurance as herein provided, mortgagee may at the option of mortgagee, with- out notice, at any time during file conitnuanee 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 itt tire Ile rforntarice of any of the terms and conditions of this mortgage or the note secured by it, the mortgagee shutl be entitled to immediate possession of the property above de- scribed and all the rents, revecttue and income derived therefrom during such time as the mortgage in- debtedness remains unpaid shall be applied by the tuortgagce to the payment of the note and all other suttts secured hereby after deductiou of any necessary costs of collection. Dated April 18, ly 85 ...... �K✓- ................ .....1� f.:... ............................... t� FTATF. OF NFI HASKA, County of HALL Before me, a notary public qualified for said county, persnnally came >l��MMSrYatlltr known to me to be the identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be his, her or their voluntary act and deed. Witecss my hand and notarial seal on { ...... _.... _. . J x!_ *, *,t ... votary I'ubltc My r.otumisstou F"rot 92 to