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<br />I <br /> <br />:j'} - 00319.8 <br /> <br />r <br /> <br />REAL PROPERTY MORTGAGE <br /> <br />Carmel Yost, a single person, herein called the <br />mort~a,gor. in considera tion of TH I RTY THOUSAND DOLLARS <br />($30,000.00) paid by mortgagor, does mortgage to William H. Poe <br />ilnd Linda L, Poe, husband and wife: <br /> <br />Lol Three (3) Billy Poe Subdivision, Hall County, Nebraska. <br /> <br />And the mortgagor 00(;:5 hereby convenant with the <br />mortga~ee and W1 th mortgagee's heirs and assigns thai mortgagor <br />IS iawfully seised of said pr<,mises, that they are fr<,e from encum- <br />brance. !hat mortgagor has good r'ight and L:l\It'fu1 authority to <br />convey the same, ilnd that morlgagor warrants and will defend <br />the title to said premises against the lawful claims of all persons <br />whomsoever. <br /> <br />//,/ / ~/( .IJ i <br />'.' . ~"1/.r",,,' . r' >>>'. >. <br />.,-' - ~_ ~~:.'cJ-;;- -:5 <br />l"iiTme 1 os t > i <br />! <br /> <br /> <br />This mortgag<, IS given to secure the payment of the <br />prolntssory note of lhlS date made by mortgagor for Thirty Thousand <br />Dollars \$30,000.00) pavable June ]5', 1987, <br /> <br />Mortgagor shai 1 pay aU taxes and assessments levied <br />upon said real proper'ty and all other taxes levied on thiS >morig.age <br />or the note WhiCh this mortgage 1S given to secure- before the. -sa-m~ <br />become d<,llnquent and shall maintain fire. windstorm and extended <br />coverage inSlJrdnCe with {;i mortga.ge clause on the buildi:ngs or) <br />sald premises ,n rh<, sum of $30,000,00. tf mortgagor failsro pay <br />such taxes and ,'" SSj~ssmerns or pr"OC!Jr:~ such insurance, moitga:g~e- <br />may pay such taxt'>~ ~lnd f.nJrchase such insurance and. the a_mount <br />so adva.nCf""d 'With inrt?r('st al thirteen p~rcent per- annum shall <br />be seelJ n~d by this mort ga ge. <br /> <br />In case of default ,11 the payment of the principal <br />sljm or dny lnsta.l1mertt thereof Dr of any jnt:erest thereon w'he_n <br />the same shall becomt: due or in CtlSe of the non-p'aymenl of'df'lY <br />taxes or a~~,e~srr;ent5 or .:)"f th.,: failure to main-tain tnsli.t'(ilice: as <br />hereIn !,Jrovided, m~;rtgdgee may- at The opt'ion of mortgagee, w_ithnot <br />notlce, at any time <h1.Clng the continuance of such- defa'ult ot <br />breach. declare rhe whole debt 5ecut.~ed by thj,s mortg&ge~ to be <br />nnmedidteiy due (f.nd pdYdbie and may for~close this, m.ortg-ag.~. <br /> <br />In lhe evenl of default 10 lhe performance of any of <br />the terms iHH.1 conditions of this rnoctgag~ {lr the not~ seJ;:ut""ed .'.l?Y <br />it. the mongitgee shall be e.ntitied to immediate pos'sesston .of :.tA.e,- <br />propet'ly above described and all the rents, revenue and income <br />derived Iherdrom dunng such lime us the mortgageindebt:edne!!& <br />remains unpaid shall be applied by the mortgagee l.othepayri\elJt <br />of the note and aU other sums secu[<ed hereby after dedu.ction <br />of any necessary costs of collection. ~ <br />"lot' <br />Dared {n\S -.L5 -- day of june. 1984. <br /> <br />STATE OF NEBRASKAl <br />COUNTY OF HALL <br /> <br />SS.. <br /> <br />L <br /> <br />..._riThe fo,t'egoing n-.5-trument '.>.'d-5 acknowledged before me this <br />.._L~_.~ day of JurH."t 1984 by Cdnnel 'Y"o~t, if 5ingh~ p'erson. <br /> <br /> <br />