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<br />I
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<br />;,iTA'!'J, UJ" Nl<lJJHAI::iKA, Counly of ,'. .
<br />l?iled for record ulld cntercd in Numerical llldex on
<br />at 0 'clock
<br />
<br />M,
<br />
<br />and recorded in Mortgage Iteeord
<br />
<br />...... ......, Page ...
<br />
<br />County Clerk or
<br />Reg!:->ter of Decrl~
<br />
<br />Deputy Clunty Clerk or
<br />Deputy Register of Deeds
<br />
<br />84- 005579
<br />
<br />By
<br />
<br />REAL PROPERTY MORTGAGE
<br />
<br />Jeffery G. Lowry and Kathryn J. Lowry
<br />
<br />h.'r,';II (';lIl..d the 1lI0l'lgagorwhether nne or more,
<br />
<br />ill eonsideration of Twenty Two Thousand Dollars and no/100-------------:----------------
<br />
<br />received from mortgagee, does mortgage to the City of Grand Island,> Nebraska,
<br />a ~1unicipal Corporation, the following described real estate, to~wit:
<br />
<br />Lot Five (5), Block Eighteen (18), Original Town
<br />now City of Grand Is land, Ha 11 County, Nebraska
<br />
<br />
<br />...\nd the mortgagur does herehy covenant with mortgagee and with .mortgagee's llei,.P3- -and--
<br />assigns that mortgagor is lawfully seised of said .. Z '."S, that t.he; are ,free from eneumbrance,'. that
<br />mortgagor has good right and lawful "uti",rit)' tc cu''''ey the same, and that 1Il0rtgagorwarrants and
<br />will defend the title to said premISes ngainsl the lawful dni"" of nil persons wholl1soever,
<br />'rhis 1Il0rtgage is I'i\',," to sceUl'e the pa)'II1<'lIl of the promissory note of thiH date made by
<br />'"ortgllgol' fOI':j; 22,000.00 paya!;le, in accordance with said note,
<br />
<br />!\101't~lq;or :-;hul! pay .til U1Xl'S UBd H:;.se:i8J1lCuts ll~\'ied upon ~aid real property and all ,other tax..
<br />levied ou tlli, mortgage or the note whieh tillS morlgage IS givN' to secure before the same becomedelin,;
<br />qlll'ut ;wd :-)hall maintain fire, \\-lI~dstorrn .and ('xtt'utled C:OVl'rag-c insurance with a mortgage clause__ on
<br />the buildings on ~tljd l-'reH1~:'i!'s in the tiW!l of *' 22JOOO~OO If mortgagor fails to pay such taXe:l
<br />and as!',t'S~l!li'llts or procnre S\H:h Immrunct', mortgHgl'.e HillY pay'such tuxes and pureha&c_ such insurance
<br />aud thc" tllllOllllt so lH1VUJH:cd with iuterest at Hini..' Iwn~t'J1t per tlunum shall he secured -by this mortgage.
<br />III nl:..t' of default in the IJaYlIICJJt hf the jll'ifH'ipal :-;ltlll or any iustalhnent thereof Qr of any interest-
<br />thl're;)!!. whl'n tiH' sa.me $h.llll lw('olfH> dlll~ or in t'HSt' of the lIOH~pa)'ment of any taxe~ or aBSeS~Slnellta .or-.of
<br />tht~ failllr~ to lfialutam lnsllrann." us hl'!'t'in pr(J\'ided, IlIortgnget' may at the optiou of mortgagt~, with..
<br />out no lice, at any lime during the continllnnee of such default or brelleh, declare the whole debt secured
<br />U,I' this mortgage to be illllnt,,!in!t'l,\' till(' and pa,\'ablc ant! may foreclose this mortgage,
<br />In tht, e"eul of default in tht' perrOI'lllnne. of any of Ih. tel'lIIS and conditions of thia mortgage 01'
<br />tht' note 'eeured by it, tht, Illortgagt't' shall be entitlet! to imlllediate pO!ll;eSllion of the property above de..
<br />seribet! nnt! /Ill ! he rellts, revelllll' and income derived Iht'r,'from dllring snch time sa the mO'l'tllllf!'e in-
<br />d"tJtt',luc"," remnins unpaid shall bc applied b,Y the 1II111'lgag<,e to lh. payulen't of the note and all other
<br />sums ~e<<~Ul'etl hereby aftt'r df'dui..~ti(lll jolf any Hece~:-;iH'r cOoSts of (~ullC'ctioll.
<br />
<br />Dated
<br />
<br />October 12
<br />
<br />]9 84
<br />
<br />, /) l'
<br />'/....../ 11/./ ,-,..t" ,
<br />/'" ,1'/ /. .......J
<br />c.". 0/~~-. ~j, c:::J
<br />H'/HHr"'''z/='' "
<br />
<br />STATE O~' Nj<;!:HASKA, CO<lllt,r of
<br />
<br />H.t:IA,L,k
<br />
<br />.i~~/dr
<br />
<br />
<br />1
<br />
<br />~:7-""""H
<br />c/
<br />
<br />Before me, a llotary puhlil~ qualifi(~J for suid eounty, personally came:
<br />
<br />SHERR'l' ~i:DORE
<br />GfNfRH 'iOTAR!i\L
<br />S&:AI..
<br />~A';L dt- ~jEq.)t~:~:~,", \
<br />
<br />1.,...<".; i
<br />l-----.--
<br />
<br />known to Ille to be the idelll;,'al 1,,'r60n or PCI'S01lS who sigucd the
<br />fon~goiIlg instrument and Heh.uowlt~dged the execution thereof to he his,
<br />ht.'r tlr their VO)UllliU-j' net u.ud deed,
<br />
<br />Witl\es;; m)' 11."d Ilnd nolarial seal 'JlI "//.l.,,,,,.lJ?~~../,rf.i,,.
<br />5.;:~'0,..Af.,1J1.~",,,,,,, Notary Public
<br />My ''''''Hill"'''''' nl,i!,C"'Jj;)Mk~(.),.:1."..,;q.i" (19 fZ
<br />
<br />Funn ~}-2
<br />
<br />.i.pl1t'Q-V{'J b,~" . ,] .
<br />
<br />'I" Htil
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<br />.~..tw; " W~t <>>'_ 1.J"~l1, N~,;
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