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<br />l:lTATl1: 01<' Nha:I.lLAHKA, County of ................,..,..........,.........
<br />Filed for record and entered in Numerical Index on
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<br />33- ()01440
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<br />.....h...................U....................................
<br />COunty Clerk or
<br />Register' of .Deeds
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<br />By
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<br />Deputy . County Clerk or
<br />Depnty Register of Deeds
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<br />REAL PROPERTY MORTGAGE
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<br />Ralph Edward Hescoc~ and Imogene P. Hescock,
<br />Husband and wife ' h.,r,';1l called the Illortgagorwhether one or more,
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<br />in consideration of
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<br />Six Thousand Six Hundred Eighty Dollars and 80/100--($6,680.80)
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<br />received from mortgagee, does mortgage to the City of Grand Island, Nebraska,
<br />a 1'1unicipal Corporation, the following described real estate, to-\vit:
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<br />Lot Five (5), Block Five (5), Koehler Place,
<br />An Addition to the City of Grand Island, Hall COlIDty, Nebraska
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<br />And the mortgagor does hereby covenant with the mortgagee and with mortgagee's heirs and
<br />assigns thst mortgagor is lawfully seised of said premises, that they are free from encumbrance, that
<br />mortgagor has good right and lawful authority to convey the same, and that mortgagor warrants and
<br />will defend the title to said premises against the lawful daiUl~ of .11 persolls whomsoever,
<br />This mortgage is lI'iven to secure the pay nll'nt of I he promissory note of this .latc made by
<br />mortgagor for $6,680.80 -------pll)'able, in accordance \oJith said note,
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<br />Mortgagor shall p,y "II taxes and as&el!liments It'\'ied upon sai.l real propert~' anti all other taxes
<br />levied on thi" mortgage or the note which this murtgage is given to ...cure before the same become delin-
<br />quent ami l$hall maintain fire~ windstorm and extended ~.o\.t"rftf{e insurance with a mortgage clause on
<br />the hnildings on >mid premises in the slim of:l< 30,000.00 ----,.-- If mortgagor fails to pay such taxes
<br />and il1~ueuts or procure such insurance. mortgag~e may pay such taxes and purchase such Insurance
<br />and th., '"nOllnt so advanced with interest at nine percent per annUln shall be secured by this mortgage,
<br />In ell'"~ of default in the payment of the principal sum or allY install.ncnt theNof or of any interest
<br />th(~I"t'on when the S.\'lme shall bt'co..lt~ thu~ or in CH..~ of the non-Imyment of llny Ulxex or ass-eSSUl('nts or of
<br />the failure to maintain in~urallee as herem Vr9vided, mortgag.>c Illay at the option of mortgagee, with-
<br />out notice. at any time during the continnanee of Sllch default or breach, declare the whole debt secured
<br />by this mortgage to be immediately due and payable aDd may foreeloae thia mortgage.
<br />In the cvent of default in the performanee of any of the terms and conditiona of this mortgage or
<br />the 1I0te seeured by it. Ihe Illortgalf.... "hall be entitled to immediate pO_lIl!ion of the property above de-
<br />scribed and all the renta, revenne and ineolne derived therefrom during snch time as the mortgage in-
<br />tlebte<ln_ remains unpaid sbaU be applied by the mortgagee to tbe payment of the note and all other
<br />sum" secured hereby after tleduction of 8l1Y nect!tiMr). COllis of collectiou.
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<br />Dated 1r1.a->-~c..~ 15
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<br />19.5'.3
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<br />8T:A;ROF.NBnR.\SKA. COlll1ty of ,............,..~,~,~,~,
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<br />Before me. a notary public qualified for _aid ,'OUllty, perstlnf\lly ca"..,
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<br />Iuao_ to me to be the identical pelllOll or "ersons who siped the
<br />fonpin. i1Ia&nuaeat &lid aeknowledtred the exaeution thereof to be his,
<br />her or their volUAtlIry aot &ad deed,
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<br />Wi~_ my band and Rotanal .w on ..,.....(~;?&~~,...,:J;:~.J..,(,.~...J,:7,~.............,..
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<br />,.".,fII<,~;y.y.:t1.".<.,''-tt''',,~!;J.l:v.:t,~,,~:,''',: Nota.ry Public
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<br />1I7 ---- eqirfJIr::t1....;ili.J:I,..it,.,<;J,:..::5.;},.,.. 19<r.3.......
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<br />appro'lttid by N~"...... Rtllt.;, K." .,...~i..Il..1l
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