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<br /> � REAL pROR�RYV NAOR7�AC�E 96W 1�0'7"�'�
<br /> a
<br /> ± a s�nc�le pe�tion
<br /> � QON NICF[AEL Ml1�Y,Ah�r�in ca].loc� tha mortgagor �rh�ther on• or
<br /> � mor�, in consid�rA�inn nf th� eum of EIGHT�'-FIV� T�i0USl1HfJ L`OLJ.�iRS
<br /> � ($85,000.00) rac�iv�ed lrwn mortgag�e, doa• mortqeg• to RAYtd4tr"i� �v.
<br /> t MJ1CY +�nd DOROTHY L. K71CY, husband and �rfl�, the =ollowing d��cxih�d
<br /> � pre�is�a ■i�cuati�d fn ti�ll C�u;�t�, a;�� ��atQ o! A'cbr�a3ca. ta-w�;t:
<br /> �
<br /> � � Lot TwQnty (20) , Bioak Thr�s (3)� Southern A�raa
<br /> to th� Cit}► og Grand I�land, Hall CounEy, Nabraska.
<br /> And tha tnortqagor do�� hare�.y cnvenant with th� �artgaq4� anc�
<br /> with mortgaqao�a heirs and aesign� that �ortqar�or !tc lav�ul.�y
<br /> mel�ad at aair� premises, that �hey er� tre� lrom Qncusnirra.�rtc�, that
<br /> • mor*�qag�r hes qood riqht and lawtul authority to cortvay t�e a�aaa�,
<br /> � and �nt mor�qagor warranza and v�li �a��:.� '.hw t=t2= to a3i�
<br /> pramises againat tho la�ful claima ot all p�r4ons whomsoever.
<br /> � Thfs mortgaqe is gfvon ta secure CL�R Faytaent of the �romissory
<br /> note of this date ina�e �y mor�qn�,�r :cx 585,4QQ.Q4 Fa.yal�?.Q ss
<br /> follows, to-wit:
<br /> Interest only nf $602.�8 per month for one hundir�d t�e,nty
<br /> (120) a�onths (10 years) , vith a balloon paymen� at th� end oP ten
<br /> � years of �ny and all unpaid interest and the entir� unpaid
<br />��r principa2 balancQ.
<br /> �` l�ortgaqor shall gay all taxes �nd assessments levi�d uport sai�
<br /> :.� r�al property and all other ta�ee� levied on this aortgaqe or th�
<br /> = nota which thf� mortgage is qivos� to secure betore ths saa�e b�coa,�
<br /> - delinquent and shal]. m�intain fire, wfndstorm and extended coveraqe
<br /> ,� insurance �itA a sortgaqe clause cn �ha buildinqs on �A:ld pr�ises
<br /> in tha c�a�m of Sa5,000.oo. If ncrtgac,�or fails to pay such taxss and
<br /> = assesements or procur$ such inrturance, mortqagee may pay such taxes
<br /> — and purchns� such insurance �nd thQ aaount ao advanc�d w,�th
<br /> � int�xest a�t ��.ne pexcent pex annum shal3. be secwc�d by thi�
<br /> � mortqage.
<br /> - In case oy default in the payaent of the princig�al sua. at a.»y
<br /> —' inatallmant t8sereo! or of ary interest thereon when the sama� �ha.Il
<br /> — becoie du� or in case oi the rion-payment Q! any taxes car
<br /> -- � assessaa:ntt� or oP the faf lura to maintain insuranaa r�a hc�..�in
<br />- `° provid�d, mortgagee may at the option ag �aortgagee without notice, .
<br /> �. �- at a1111 t�e QATing LA� cOALinuanCe Cr suCi1 aeinuiz`. �i a+ivav-ii,
<br /> � deClars thQ whole debt secursd by this mortqage to be faaediat�ly �
<br /> ' due and payabl� and may foreclose th3s mortgag�.
<br /> = In the ev�rtt oY default in the performance. of any o� thc te3�ma
<br /> and carcditions of this mortqaqe or the nota secured by it, the .
<br /> _. mortga�g�e shall bQ ent�tled to immediate possession of thQ property
<br /> -. above described and a�l the rents, revonu� and income deriv4cl
<br /> the.re�roa during s�ch tiae as the aortgaqe iradebteriness rem��
<br /> unpaid �hall bQ appliec� �xg �h��articlagas to the payment o! the t��e
<br /> and all other sums secnered �srnby after deductio� of any neces�ary
<br /> --� coects of col�.ection. . �
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<br /> DATE: ��iZ��
<br /> :� �- � ��e� ��
<br /> - ST]►TE OF NEB�llSKx, County of ��ss . . • �
<br /> -- The loregoing inst�ument �as acknowledqed before ra,e thfs �
<br /> -, day o� �.r.�o.m��v . r Yy9� by D�n �+iw3�e� Fiacy, a sfrtcle Derson.
<br /> - = . r.
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<br /> :� s �ts.:r� cr e�sor. ��.s��r.q
<br /> _� �CICZIOVZE�71
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<br />� T t e ����MDLOK
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<br /> � STATE OF NEBRASRA, County of :
<br /> � Filed for record and entexed n Numer cal Index on
<br /> at o�clock M.,
<br /> and recorded n l�ortqaqe Record , PagE
<br /> BY
<br /> Co��:�ty Clerk or t)eputy county Clerk or
<br /> Register of DeEds De�uty Register of Deeds
<br /> --:,n-:-.�--�
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