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<br />UNCOLN
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />
<br />Fo.... No. ZII IREV.12/8OI
<br />
<br />loan Number _ .6Jy_l.?____ _=-=__.1___-=-__6:__.
<br />'r."CIlI ""
<br />
<br />84 - 006499
<br />MOR TGAGE
<br />
<br />r
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THAT._~_~.:..:!~~...'!~~~..~.~!..!:?~..~...~.~.............._.._.._..........____._.__
<br />
<br />hereinafter called Mortgagors, in consideration of the sum of ..........................................................._......_.._._
<br />FDUR 'ffiOUSAND FIVE HUNDRED FIFT'l em; AND 00/100---------
<br />_.__~__.__...._._.__....___._.__........___.____.u...-.-___.._......__............_...__......._...___.._...._._............................_..._.._____.....____....__
<br />
<br />($ 4,551.00 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGB
<br />and CONVEY an absolute tiUe, including all the rights of homestead and inheritance, uto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA. beieinaIter caW
<br />
<br />Mortgagee, its successors and assigns, the following described real estate, situated iD......._~ _._..___
<br />County, State of NEBRASKA, to.wit: .
<br />
<br />lDt Six (6), Block 'Ihree (3), Bonnie Brae Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />
<br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances t.benuDto
<br />belonging unto the said Mortgagee, forever, provided always, and this mortgage is UpoD the esprcu c0n-
<br />dition that if the aforesaid Mortgagors, their heirs, executors. administrators or assipls shall pay or cawIlt
<br />to be paid to the said Mortgagee, its successors or assigns, the frincipal sum hereinabove sat foriIa, aD
<br />accorlling to the tenor and effect of a certain installment note 0 said Mortgllgon bearing evea date wit1i
<br />this mortgage, and shall pay tases and assessments levied upon said real estate, and all other t.ueI. JnieI
<br />and ass.essments levied upon this mortgage or the note which this mortgage is !:iven to secure. bdore the
<br />same or any installment thereof becomes delinquent, then this mortgage to be void, otbenrisit to remaia
<br />in full force..
<br />
<br />. IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such tues. the
<br />Mortgagee may pay the same and the sum so advanced with interest shall be paid by said Mortp....
<br />and this lDort,{:age shalll'>tand as secl1ritr for the same. (2) That Mortgagors covenant with the ~
<br />that they are llll\\'fuily seized of said rea estate and (:ovenant to wau-ant and defend the said l1lIII estate
<br />"cainst the 1a...1ul claims of all persons whomsoever. (3) 11lat in case of a foreclosure of this mort&ace.
<br />the p!aintifi in such proceedings shall be entitled to take possession of the prt'mi_. protect the same ami
<br />collect the rents. issues and profits thereof. (4) That a failure to pay any of said ~ or MY instil.
<br />ment thereof when the same becomes due, or a failure to comply with any of the foregoWl acree-ts.
<br />shall ClIUse the whole "UID of money herein 1>eCUred to bf..'COme due and collectible at once at the opUoa of
<br />the Mortgagee.
<br />
<br />TRit.NSFER OF THE PROPERTY; ASSUMPTION. If all or any pa.1. of Ule Property or an
<br />interest therein is sold or transferred by Mori.gat:or without Mortgagee's prior written consent, esc1udin,
<br />(a) the crcation of II lien or encumbrance subordinate to this Mortgage, (b) the creation of . pul"C'hue
<br />money security interest for household appliances, (c) a transfer by devise, de5lC1.'l'It or by operatiua of Jaw
<br />upon the death of II joint tenant or (d) the grant of any l...asehold intelC1>t of three years or _ not COD-
<br />IAining :u1 option to purchase, Mortgagee may, at Mortgagee's option, declare all the $WJ1S secured by uu.
<br />Mort.\;llge to be immediately due and payable.
<br />
<br />If Moncagl'1e' eleJ"Cisl~ such option t() accelerat.e, Mort.gagee shall mail Morlgap notice 'of
<br />acceleration Ilnd such notice shall provide a period of not less than 30 da}'s from the date the notice ia
<br />mailed ",ithin which Mortgagor may pay the sums declared due. II Mortgagor fails to pay SIKh sums prior
<br />to the expiration of such period, Mortgagee may, without further notice oc demand on Mort&,agor invoke
<br />the pow. of sale and lUly other remedies pennittcd by applicable law. '
<br />
<br />Signed thuLl_~.t:h..._d.JY of.... .......-..~~........................_.._.........._....._.. ]9,...~L.
<br />
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<br />0.. Ihla .Jt~h.._..._ d8)' .of .. .!&.g;:rnt,'l;:L........ I!L6'l. belOl" W". Il,e "nd",.,ia:nf'd. II NOla.1')' Public. in and ,'"
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<br />peJ~1 ..__ to.- to be the identi<.a1 s...rso.... "",....., MrnM a,., ,,/find lo Ih" .'>0"10 "~d .,~.r;~~i~~..;;;-;I;.;:;;~;~~--.;;
<br />,....rl."""... and ,,,,cli ...:k...."led.ed s.aid in>!.nwl..nl !D k lu. Dr her "OIUlltal')' Ilct and d..f'4,
<br />
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