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CST�,� SHORT FORM
<br />Flmff
<br />PROPERTY IMPROVEMENT
<br />UNCO
<br />G-MtAL rah FORM No. 211 IRM 121801
<br />r REAL ESTATE
<br />85-. 000599
<br />Loan Number ---- 62581 —' 1 _ 69_,
<br />-- "ii r "•�cn- :ro•
<br />MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />. ... ........ ... .......
<br />THAT -- ..Lester J.- V7ragge.. and- Donna•:D.-- Wragge.,..husband.• and. wife ..................... ..... ..
<br />hereinafter called Mortgagors, in consideration of the sumo ......... ... ...... ..... .....• ..-- .••-- -• - - -. --- -•-•-••'
<br />I�rt Thousand•Six•Hundred._E ghty - -F°ur -and. 62( 100-----....................... ...................................
<br />($ 10,684.62 ) DOLLARS, the receipt of which is hereby aclmowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />Mortgagee, its successors and assigns, the following described real estate, situated in..... . ii�!-.- •••- •••- •• - - -•-
<br />...•..
<br />County, State of NEBRASKA, to -wit:
<br />Lot 8 in Claussen Subdivision, being a Dart of the West Halt
<br />of the Southwest Quarter of Section 2, `township 11 North,
<br />Range 10 West of the 6th P.M., Mall County, Nebraska.
<br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances thereunto
<br />belonging unto the said Mortgagee, forever, provided always, and this mortgage is upon the express con-
<br />dition that 1f the aforesaid Mortgagors, their heirs, executors, administrators or assigns shall pay or cause
<br />to be paid to the said Mortgagee, its successors or assigns, the principal sum hereinabove set forth, all
<br />according to the tenor and effect of a certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay taxes and assessments levied upon said real estate, and all other taxes, levies
<br />and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same or any installment thereof becomes delinquent, then this mortgage to be void, otherwise to remain
<br />in fall force.
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such taxes, the
<br />Mortgagee may pay the same and the sum so advanced with interest shall he paid by said Mortgagors,
<br />and this mortgage shall stand as secmit.y for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that They are lawfully cited of said real estate and covenant to warrant and defend the said real estate
<br />a;ainst the lawful claims of all Persons whomsoever. (8) That in Ire tnises,�rlrotecttthe mortgage, me ad
<br />the plaintiff in such proceedings shall he entitled to talie possession F I
<br />collect the rents, isstivs and profits thereof. (4) `That a failure to pay any of said money: or any install-
<br />ment thereof when the: same hec•omes due, or a failure to comply +with any of the foregoing agreements,
<br />,11,111 cause the whole sum of money herein secured to become due and collectible at. once at the option of
<br />the Mortgagee.
<br />OF Tlih PROPERTY; ASSi1i41PT1ON. If all or any part of the Property or an
<br />nt<;re:�t 4hescin is ,old or transferred by Mortgagor without. Mortg;agce's prior written consent., excluding
<br />iaD the creation of a lien or encumbrance subordinate to this Morfeage, (b) the creation of a Purciara::e
<br />naonev se ^caarity intere -st for household appliances, (c) a transfer by devise, d <�se�ent or by olx ration of law
<br />t>ltarn the death (if a Joint tenant or (d) the grant of any leasehold Inie,r�•.d of thra a ir;lr~^ or lens not con -
<br />fairaing an option to purchase, Mortgagee may, at Mortgagee's optu.n, alc•elav- all Ihe auras ,(-cured by this
<br />Mortlag;e to 11e in"nediately due and payable.
<br />If Mortgagee exercise-, such option to i celf,rate. NI(,rtt, arty 71-11 Mort,,ag;nr notice of
<br />acceleration and such notice shall provide. a Period of not less then 3t1 (lads frorn flu. (life the rlutu[ is
<br />mailed within which Mortgagor may pay the suni, declared due. if \lortgnte.r f lily to P:IV �atc h 17x1, prior
<br />to the expiration of such period, Mortgagee may, without further notice or dr� a.uul on i9cat;;a}or, iniol:e
<br />the power of sale and any other remedies permitted by applicable law.
<br />Cebruary , _, 19.
<br />;signed this Sth day of. __ ...._ .
<br />i
<br />r J
<br />`,rATI' of NE"RASKA
<br />fig. f4a11,_.,.__. County,
<br />On this .._ . 111 iR,y of Ary. 19 11ri k for., ino, Ill. wlnl ;:;,r•d. it Nolary' 1`ublie, it, .,nd for
<br />.. i l
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<br />• nd r'nrinty, pr•r�onadty carne
<br />1l .J. tJr uacict ,uxl fxantt t 1�. t1r a {qc�, htl fkntd mid Wife
<br />e
<br />I r - 1)"lly known fit tor, It) In, Ille� id,lifi al It 'r, w l,r� r o, .r i, d t r Ih, I c( d f �� ; �,iiy, r l� unu nt, aaa
<br />i ;orlg:lguly,
<br />ned tw')) su l:nnwi(- laat,d 'aid im,trunn nt to hr, t r , r
<br />mss.
<br />Wiln- -A my ) siwd nail nnt.rrinl o.,,d ;rt
<br />!L. rlralr 1:x,1 of ✓r+c wntl.�n.
<br />MAL NOTARY Wit art "&
<br />CONNIE S HAI,15
<br />tty c m tip fkt It. l f
<br />
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