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85- 0©10'Q" 0 i
<br />SHORT FORM Loan Number 62878 ____ 1 — 60
<br />PROPERTY IMPROVEMENT " "a'n'nen'" _fir-i
<br />FORM No. 979
<br />REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />Floyd B. Rib lett, a single person
<br />THAT_ ........... .. _ . .............. - -- - ._- ------- ° ..... .___._...._. ._..._.._.._._.................
<br />hereinafter called Mortgagors, in consideration of the sum of ................. .................................. ............ .._...........
<br />EIGHT THOUSAND SIX IP�vDRED TfIIRTY FOUR. t�tT 02/ 100--------------------- ----- - - - - --
<br />_.�......... - - -°---.... .--- ...... - .- ...........- ..... . _ .... ................... ..- ..... .° .....................
<br />($ 8,634.02 } DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title, inchrdfng 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..... �......... °......._..
<br />County, State of NEBRASKA, to -wit:
<br />Southerly 100 feet of the Easterly 2 /3of Lot 6, in Block 28 in the
<br />original town, now city of Grand island, 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 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 te,:,)r and effect of a certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay trxes 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 iven to secure, before the
<br />same or any installment thereof becomes delinquent, then this mortgage to be g void, otherwise to remain
<br />in full 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 be paid bq said Mortgagors,
<br />and this mortgage shall stand as security for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that they are lawfully seized of said real estate and covenant to warrant and defend the said real estate
<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 prom thereof. (4) That a failure to pay any of said money or any install-
<br />ment thereof when the same becomes due, or a failure to comply with any of the foregoing agreements,
<br />shall cause the whole sum of money herein secured to become due and collectible at once at the option 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 death of a joint tenant or (d) the grant of any l ,ssehold interest of three yer,rs or less 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 may pay the sums 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 this ------ 3t'--..day of. ---- --- t4arch ------ ......._ ...... °° ° -..., 19 .... 85
<br />.......... -- .- ... .......
<br />.
<br />STATE OF NEBRASKA
<br />lolla.
<br />on this .._.._.._ =-__.. day of . -. `_ ._.._'
<br />3tr 1�rC -, -, SQ .�5.. before me, the undersigned, a Notary ]?rihIIc, in and for
<br />said County, personally zme ..... --Fic ci ?3.._Idblet- a single. _person
<br />.............. _......._ _.._.._.....
<br />pemom11y known to ma to he the identTa I persons whose names are affixed to I a above and foregoing Instrument, se
<br />martgagor; and each acknowledged said instm-nent to be his or her voluntary act and deed.
<br />Vitnar my taru and rwtanrl seel at._ ' ...... . ".'
<br />._...._.. .. ......__._ ...........
<br />the Mate Ise. shove written
<br />My 1suan!xa exp, rn<
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