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<br />tlTh'Y1S t)N' NNJ3RA`.iKA, Uounky of ........................................................: <br />Filed for record and entered in Numerical ]ndes on <br />................................................................ at ................ o'clock ................ bf., <br />and recorded in Mortgage Record ......................... Ynge ........................ <br />82-004374 <br />_ .......................................................... By ............................................................ <br />County Clerk or Deputy. County Clerk or <br />Register of -Deeds Deputy Register of Deeds <br />REAL PROPERTY MORTGAGE <br />Walter H. Gunther aka Walter H. Guenther and Laurine Gunther aka <br />Guenther, Husband and Wife ,herein called the mortgagor whether one or [Wore, <br />in consideration of Sixteen thousand five hundred and no/100 Dollars ($16,500.00) <br />receiveei from mortgagee, does mortgage to the -City of Grand Island, Nebraska, <br />a Municipal Corporation, the col lowing described real estate, to-wit: <br />Lot Seventeen (17), in Block Three (3), in College Addition <br />to West Lawn, in Grand Island, Nebraska <br />dud the mortgagor does hereby covenant with the mortgagee and with .mortgagee's heirs aad <br />assigns that mortgagor is lawfully seised of said premises, that they arc 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 claims of all persona whomsoever. <br />This mortgage is given to secure the- payment of the prmnissory note of this date made by <br />utortgagor for ~ 16,500.00 payable, in accordance with said note. <br />hlortgugor shall pay all taxes and assessments lcried upon said real property and all other Lazes <br />levied ou this tuortgage or the note which this mortgage is given to secure before the same become delin- <br />4uent and skull iuaiutain fire, windstorm and extended coverage insurance with a mortgage clause on <br />the buildings on said premises in the sum of ~ 25,000.00 If mortgagor fails to pay such taxes <br />and assessments or procure such insurance, mortgagee may pay such tales and purchase such insurance <br />and the. umaunt so advanced with interest at nine percent per annu.rn shalt be secured by this mortgage. <br />]n cage of default in the payment of the principal sum ar any instalhuent thereof or of any interest <br />thereon irizen the same shall become due ar in case of the non-payment of any taxes or assessments or of <br />the failure_tq maintain insurance as herein provided, mortgagee ,nay at the option of mortgagee, with- <br />out notice, at any -time during the continnanee of such default or breach, declare the whole debt secured <br />by tLio mortgage to be immediately due and payable and ntay foreclose this mortgage. <br />In the event of default in the performance of any of the terms and conditions of this mortgage or <br />the note secured by it, the uwrtgagre shall be entitled to immediate possession of the property above de- <br />scribed and alt the rents, revenue and income derived therefrom during such time as the mortgage in- <br />debtedness-remains unpaid shall be applied by the mortgagee to-the payment of-the note and all other <br />sums secured hereby after deduction of any necescar}' costs of collection. <br />Dated October 27, 1882 <br />. ,. ~ 7 <br />,a Q,~a~y~~l~~~ aN~• ,, .................... ...-.'..'.~-4:~iz`<-az.~J .. ... s.~..~iu.¢1..... <br />NALL <br />SE11TI. QF NEI:SRASKA, l'-o,utty of ..................................._..........: <br />Before me, a notary public qualified for said county, perannally canal <br />known to me to be the identical parson or persons who signed alto <br />foregoing instrument and saknowledged the a=caution thereof to be his, <br />+~ her ar their voluntary act and dead. <br />Witness my hand -sad notarial tea! on qtr-~~'.d::~.~.:1.. ; .h..`1~^-°' <br />-. aialaY 9?IRµf -[iota ~ 11Mr3sta - ; - ~_''`> , <br />tt7Rl 0. ~`~•~:~••rr ,. ~"~,s..-.:ere.:'x... Notary Public <br />Mk Comm, YMr. OR ?L,f 40i - ~ - <br />My aommiasion exptrea ................,.,...............,........., IJ .._........ <br />1''ospi 3.Y apliroved_ by ,Yvi>ra~slra ;'ltatc i3•ar- .taaaeial,eui raw. a ivar oa.:}..~.. u+s., <br />