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<br />$3-ti~G08t~8
<br />~lE"I~S,~, SHORT FORM Lcan Number__51901_ 1 -
<br />11 PROPERTY IMPROVEMENT ------s^"°n---~~~4
<br />L ~r FORM tJO. 211 SREV. 1280)
<br />Y i/[•tREAL ESTATE MO~Z.TGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />THAT--Thpnas..F__F; esirn)r~r)---~ r.-a>ad--Keys.3r--J-•---Eiseixz~erlgar,-..lu~sbar)d.-and. wi.£er.. jr~aihxeltLyoa,[n1d-7ega~ldtf
<br />hereinafter called Dortgagors, in consideration of the sum of...2e--~:491?~2~14). Fiy~_-H1A1Ckt:d.2nd-.nW ZUO'
<br />($ 3,5.00 )DOLLARS, the receipt of W=hich is hereby acknowledged, da hereby MORTGAGE
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVII~TGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />Aortgagee, its successors and assigns, the following described real estate, situated in......._I~1 ..................
<br />County, State of NEBRASKA, to-wit:
<br />I,ot Seven (7) and the East Three Feet (E3') of Lot Eight <8) Block Three (3)
<br />all in G~nmingham Sti~divisian, an Addition to the city of Grand Island, Ha11
<br />Cotmty, 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 *.o 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 o£ said Alortgagols bearing even date c~ith
<br />this mortgage, and shall pay 'taxes and asse~~ments le~~ed 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 full force.
<br />IT IS FURTHER AGREED (1) That if the said \lortgagor shall fail to pay such taxes, the
<br />Mortgagee may pay the same and the sum so adranced nth interest shall be paid by said Mortgagors,
<br />and this mortgage shall stand as security for the s.ui:e. (2} That ~lortgagars covenant with the Mortgagee
<br />that they are lawfully seined of said real estate and ce~enani to warrant and defend the said real estate
<br />against the lawful claims of all persons whomsoever. t3) That. in case of a foreclosure of this mortgage,
<br />the pIainiifi in such proceedings shall be entitled to take pusse~sion 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 anp install-
<br />ment thereof when the same becomes due, or a failure to comply ~j~ith any of the foregoing agreements,
<br />shall cause the whole sum of money herein secured to become duo+and collectible at once at the option of
<br />the "iortgagee.
<br />TRANSFER OF THE PROPERTY; ASSU\SPTION. If all ur any part of the Property or an
<br />interest therein is sold or transferred by Aiartgagor without \iort.gagee's prior Nritten consent, excluding
<br />(a) the creation of a lien or encumbrance subordinate to this \iorigage, (b) the creation of a purchase
<br />money security interest for household appliances, (c) a transfer 1»= devise, descent or by operation of law
<br />upon the death of a joint tenant or (d) the grant of any }ea~ehold interest of three years or less not con-
<br />taining an option to purchase, Mortgagee may, at l~iortgagee's- option, declaze all the sums secured by this
<br />Mortgage to be immediately due and payable.
<br />If Mortgagee exercises such option 'to accelerate, :lortgagee shall mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of not. les than 30 days from the date the notice is
<br />mailed nzthin which Mortgagor cony pay the sums declared due. If \iortgagor fails to pay such sums prior
<br />to the expiration of such period, Mortgagee may, without. further notice or demand on ASortgagor, invoke
<br />the power of sale and any other remedies l.ermitted by applicable law.
<br />Signed this...17. -day of..._ _ -F~ ~ l- - - ... - -- ~-----..--, 19-- 83----•
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<br />STATP OF NEBRASKA ~ i ~/" t
<br />ss.
<br />............~...--- -.......-~a~nfy.
<br />Qn this .........~7.......,.- day of ....~1£~?.~1dA~'S!.._..-...-, 19.x.. before me, the emdersigned, a Notary Public, in and !ar
<br />said County. peraonatly came ._~..F~..-.F.-t?:S~-4r.._~C141..,~~y_J.....E.~ ~~.. 41:'.._.f?1?S.d..r~..Si.~.~rfe
<br />psrsonslty krrewn tei me to be t1)a idaat.iexl persons whose names sm s&xed to the above and foregoing instrument, as
<br />matt;a;ors, and each acknowledged raid instrument t0 be his ar her .~atunWry act and deed.
<br />Nrifa)ess my hand and notarial scat at_..._.(.tK~._T,a.S.and....NetZxaska..... _.. ___ ..._......._ ......_.- ..... - . _.
<br />the date last above written
<br />~~~ ~tl Netcu7~F'ut:lie
<br />'~1 S' ~~<,+neni+sie;n eXS?tree .. .~...,... ~,~..,..
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