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STATE OF NEBRASgA, County of ........................................................:
<br />Filed for record and entered in Numerical Index an
<br />................................................................ at ...,............ o'clock ................ i<l.,
<br />and recorded in Mortgage Record ......................... Page ........................
<br />............. ....... .................. By .. ......... ........ ............
<br />Gounty Clerk or Deputy County Glerk or
<br />Register of Deeds Deputy Register of Deeds
<br />w~~ vunp~~T°V ~rnRT~AGE
<br />79-- ~~w~~S4
<br />James R. Gimpel and Jane L. Gimpel ,herein called the mortgagor whether ane or more,
<br />in consideratiott of Fifteen thousand, Five hundred and nc/100 Sollars
<br />received from mortgagee, does mortgage to The First National Bank of Waverly,
<br />100 East Bremer Ave., Waverly, Iowa 50677 Real Estate Property
<br />located at: Lot One (11, Block Four (~), South Grand Island,
<br />Hall County, Nebraska.
<br />And the mortgagor does hereby covenant with the mortgagee and with mortgagee's heirs and
<br />assigns that mortgagor is iawfuily seised of said premises, Thai ti:ey are free: from encumbrance, That
<br />mortgagor has good right and lawful a++thority to convey the same, and that mortgagor warrants and
<br />will defend the title to said premises against the lay+•ful 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 ~ 15,500.00 pll}'able on or before October 3, 1979.
<br />M1lortgagor shall pac all taxes and assessment, levied upon said r<+al property and all other rases
<br />levied a€ [his mortgage or the note which this mortgage is given to secure before. the same become delin-
<br />quent and shall maintain fire, windstorm and extended coverage insurance kith a mortgage nlause on
<br />the buildings mt ~tid prnatises in the sum of +F 15 , 500.00 If mortgagor fails to pay such taxes
<br />and assessments or procwr sorb insurance, mnrtgaigrr wii}• pay such tales and purchase sunk insurance
<br />and the amat4lt sa adraneed with interest at nixie prrcent per aunutu shall be secured by Chis mortgage.
<br />In ease of default in the payment of the principal sum or +n€y installment thereof or of any interesi
<br />thereon w•h+~n the saute shall become due ~+r in ta4e of the• non~pas°mrnt of ant- tars;. or a~e+mnnts ar of
<br />ilte fa~lnre tti niiiinlain itl~[iFaiii`~- iii Ii~rt°iii pi`e:1`i~i~°+t, i [:~['isif~c!' ina5 at the :,t:t:v+i: is t+.i.rt~a~;E', .;it1i-
<br />;,nt notice, at - _, ti;~i drz irg t}€~ ~U=.tit+ctatr:.• r ,._h 1 fa:a.t .:r i ~ •ls, e11=::I,~rr "ta ;t^t.a,;' €~F t -r:'ur€d
<br />by thin €€}octgagr tt; be ,=€€.t+r•diatf~ly cttt+~ ~€t<l p-:€ta!e• an:! .€€ay fi=rc-.lE--~- ti€i~ +..:,rt~z;;~=.
<br />In the :wer„ of dA+fanlt in thr prrformanee of :mv of the trans and conditions of this mortgage or
<br />the note st+cured bt• it, rho nnn•tgagee Shull lrr eutitlyd to iuuurdiafr pus~esstzni of thr property above de-
<br />scribed and tdf the rents, ret•enue and ineomo derived th.•ret`rom doting such time xs the mortgage iu-
<br />tlAhtedness rrwains unpaid shall be applied by the ~uurt;Z}tKer to the payment of the note and all other
<br />sums secured hereby after deduction of any necrsarr Busts of eollertiou.
<br />hated April 3 , I9 79
<br />...... ...,. ... ,, p .~ . ,. ......,...~......
<br />James R. Gzm e ~tne ~`, ~~tnpe
<br />1 ,
<br />BTATl•; OF i[4Gli t.'mtuty of .. .. Bremer
<br />IOWA
<br />" 13nfore* too, a atotaty public t}nalifiezl for said county, personally name
<br />,,,_,+:~~.,:,,,,,,' James R. Gimpel and Jane L. Gimpel, husband and
<br />tt~ '= wife
<br />••, '7 kr•~'.~ -
<br />- knowtt tc mo to be the identical person or persons who signad the
<br />~~ A ? foregoing instrument and acknowledged the eaneution t-tez•eof to Ire his,
<br />..~ ~>{~'~ `~ kter or thr it voluntary set and deed.
<br />`t.~ t
<br />~' ~ '
<br />} °' '~~ Aril 3, 1979
<br />~, ~.,. ~, ~; W3tneas my hand sud notartaT xoal on -,...,...~?... ... ...................._.
<br />t '.lt +tiY~ ~P' •
<br />..~~,+~'' .„... Notan~ Publio
<br />~ ... ..................e.,...,. .,,_.
<br />Thp as J, Leary
<br />~Y eotnasi~ion salrires .,• .................S~.r....~0....., 19 ............
<br />Form S?.? to be approved by Nebraska State Bar Association ~'~+~ E wdr oa ` .naoin, Na4r.
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