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<br />RObert: Michael Vasey, A Single Person
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<br />, herein called the mortgagor whether one or more;
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<br />9.2
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<br />0':>- 0 0 413 2 Huffman and Felton & Wolf, Walton. He. 68461
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<br />REAL PROPERTY MORTGAGE
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<br />ill consideration of One 1bousand Tt<<l Hmdred Ibllars and 00/100------($1,200. (0)
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<br />I Dated A1JglIst 4,
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<br />teceived . .from mortgagee, does mortg'age to Ikmald J. Willians atldMargaret A. WillUuns,
<br />Husband and Wife, Each in their 01<<1 right as spouse of each other.
<br />A tract of land: c.oIq)rising a part of Lot One (1), Voss Subdivision,. City. of' Grand
<br />Island:, HallO:>unt:y, Nebraska, and mre particularly described as follows: .. ~
<br />at a. point on the South line of said Lot One (1), said. point being 'ffiree.:Hundt'~;FiVe
<br />and One Tenth feet west of the Southeast comer of said Lot One (l);:t:hence'~
<br />Northel::ly parallel to the east line of said Lot One, a distance of "NlDHUndi'e4:T~feet
<br />thence running westerly parallel to the south line of said Lot .ene..adfstanCe'ofS~
<br />Six feet; thence running Southerly parallel to the east line of said Lot CkJeadistanee
<br />of 1\;0 Hundred feet to a point on the south line of said Lot ene. Si:leattached:
<br />And the mortgagor d6ea hereby covenant with the mortgagee and with mortgagee's.heirs and
<br />assigns tbat mortgagor is. lawfully seised of said premises, tbat they are free from encumbrance; tbAt
<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 claims of all persons whomsoever.
<br />This mortgage is given to secure the payment of the promissory note of this date made by
<br />mortgagor for $ 1,200.00 pa)'able The first of each rmnth beginning SeptEllberl,
<br />1983. Atmrtized at 8% per annun on unpaid balance, paynYmts of $37.60 rmnthly
<br />including interest and principal.
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<br />Mortgagor shall pay all taxe.. and assesaments levied upon said real property and all other taxes
<br />levied on this mortgage or th.- note which this mortgage is given to secure before the same become delin-
<br />quent. and shall maintain fire. windstorm and extended ('overage insurance with a mortgage clause on
<br />the buildings on ,;aid premises in the sum of is 1,200.00 If mortgagor fails to pay such taxes
<br />and _lISments Ocr prooure such insurance, mortgagee may pay such taxes and pnrehlll!e such insurance
<br />and the amount so advanced with interest a t nine percent per annum shall be secured by this mortgage;
<br />In {'ase of default in the payment of the principal sum or any installment thereof or of any interest
<br />therel>n when the same shall become due Qr in ('asc of the non. payment of any taxes or assessments or of
<br />the failure to maintain in~uran"e as herein provided, llJortgaget' llJay at the option of mortgagee, with.
<br />out notice, at any time during the continuanee of slIch default or brealJh, declare the whole debt secured
<br />by this mortgage to be immediatel)' due and payabh' and may foreclose this mortgage.
<br />In the event of default in the performllnce of nuy of the terms and conditi.ons of this mortgage or
<br />the note seeur<td by it, the lIlQrtga~e shall be entitled to immediate possession of the property above de.
<br />scribed and all the rents, rtwenue and income derived therefrom durillg Sllell time as the mortgage in-
<br />debtedne10li remains unpaid shall be applied by the nlOrtgll~e to the pllymellt of the note and all other
<br />SUlllS seflure.d hereb)' after deductiou of an>' necessary "osts of coHeetiOlI.
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<br />1983
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<br />$TR'1'f OF NEnRflSKfl. CQunty of """N'!c.~;~~
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<br />The loregoing instrument was acknowledged belore me
<br />by." .... ~~~::l':!;~!....h.<:.!c>~~,~!.. ."..i<,t ."'f;;/.
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<br />Signature of Per;san T6king Acknowledgment
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<br />Title
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