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SHORT FORM
<br />r Fcatm PROPERTYIMPROVEMENT
<br />t FORM NO. 979
<br />REAL ESTATE
<br />85-001225
<br />Loan Number___ 62882 — 1 — 60
<br />MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />THAT .... ?Je1 t• At Hays . arxl Rita L. ?}).........._......
<br />hereinafter called Mortgagors, in consideration of the sum of
<br />M _2xo 9M... L.EvP.ANI?..1JC2L149-
<br />($ 10, 011.00 ) DOLLARS, the receipt of which is herebyy acknowledged 'inheritance, do hereby and CONVEY an absolute title, including all the rights of homestead and unOto FIRgp
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />Mortgagee, its successors and assigns, the following described real estate, situated in ....._.. Hall
<br />County, State of NEBRASKA, to -wit: ........ --
<br />let 13, Western Heiqhts Subdivision, Hall 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 if the aforesaid Mortgagors, their heirs, executors, administrators or assigns shad pay or cause
<br />to be paid to the said Mortgagee, its successors or assigns, the principal sum heremabove 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 lev-'Pa upon said real estate, and all other taxes, levies
<br />and assessments levied upon this mortgage or the not:, %. ,h 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 full force.
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to ppay such taxes, the
<br />Mort gages may pay the same and the sum so advanced with interest shall be paid by said Mort
<br />and this mortgage shall stand as security for the same. (2) That Mortgagors covenant with the 114o��m'
<br />that they are lawfully seized of said real estate and covenant to warrant and defend the said real Mortgagee
<br />against the lawful claims of all persons whomsoever. (3) That in case of a foreclosure of this mortgage,
<br />the plaintiff in such proceedings shall be entitled to take possession of the premises, protect the same and
<br />collect the rents, issues and profits thereof. (4) That a failure to pay any of said money or any install-
<br />ment thereof when the
<br />shall cause the whole sum of money herein or u d failure to to become due and collectible atf once thagreements on of
<br />the Mortgagee.
<br />TRANSFER OF THE PROPERTY; ASSUMPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor without Mortgagee's prior written consent, excluding
<br />(a) the creation of a lien or encumbrance subordinate to this Mortgage, (b) the creation of a purchase
<br />money security interest for household appliances, (c) a transfer by devise, descent or by operation of law
<br />upon the des of a joint tenant or (d.) the grant of any leasehold interest of three years or lase not con,
<br />taining an option to purchase, Mortgagee may, at Mortgagee's option, declare all the sums secured by this
<br />Mortgage to be immediately due and payable.
<br />If Mortgagee exercises such option to accelerate, Mortgagee shall mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of not less than 30 days from the date the notice is
<br />mailed within which Mortgagor ma re pay the su declared due. If Mortgagor fails to pay such sums prior
<br />to the expiration of such period, Mortgagee may, without further notice or demand on Mortgagor, invoke
<br />the Power of sale and any other remedies permitted by applicable law.
<br />Signed t lis..._.1:4.t.h-.day of . ..............Kareh
<br />.......... ...�....., ........... , ....... ....... 19....5....
<br />:.... ........
<br />.............A..C�„ ��
<br />................. .........1.:...................
<br />ATE OF NEBRASKA
<br />m.
<br />L On this .....1 !alt........ day of ..; ?X1.7.._......_......., 19.HK1.. before me. the undemil;ned, a Notary Public, in and to
<br />taid County, paneneny carne ...Itt>Jx x:t: n. Il,r'S and Pi t:3 T:. Ha��s, h.uslxuld and wi fc�
<br />.......
<br />personally known to me to be the identical a-
<br />peume whose names art, coxed to the Itbovs filed foregoing Instnlment at+
<br />ria,rtgagora, and d!seb acknowledged said instrument to be hie or her voluntary act and dee&
<br />witne,n my hand and notarial seal at... t,[ux1_J 1 1rul, J 1- f;ts�rt
<br />the date last above writion. _ - ......... _.. ..
<br />1Rp NOTARY
<br />S9Y �,e;unkavnn .?spina, ._ .. i4111tE 5 Post FS N,.Ifry _Pnhlio,
<br />COMA, Ere 4t 11 t
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