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<br />fED EP...4l
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. 211 (REV. 121ao)
<br />
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<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />Loan Num::Jer~ ~?~:!:1.5____::-':__Lu-=-___6.9..
<br />83- 001533'"" "'"
<br />
<br />MORTGAGE
<br />
<br />KNOW ALL MEN BY THESE PRESE1\'TS
<br />
<br />THAT~,.......,.......~~..~:,.,~~~,u&...o..',~,,~:...~OJ:~!..,~~-,a.n.d._~i.f.e.,,..,--..-'..-......,-...,..............
<br />hereinaHer called Mortgagors, in considera,ion of the sum oL);;,i,g)1!..'ll:!Cl\l~..!'..J:'I9llQ.Q..R9~,~$.=::..
<br />
<br />($ 8,000.00 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and C01\VEY an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOL.~, ~l':BRASKA, herei.!1after called
<br />Mortgagee, its successors and assigns, the following described real estate, situated inm..~m.............._....,
<br />County, State of NEBRASKA, to.wit:
<br />
<br />The Westerly Eleven Feet (w 11') of lot 'Ihree (3), arrl All
<br />of Lot Four (4), In Block One Hurrlred 'I\oIenty Seven (127) of
<br />Union Pacific Railway carpany's Se:::ond l\ddition to the City
<br />of Grand Islan::l, Hall County, Nebraska
<br />
<br />TO HAVE AND TO HOLD the real estate above described, with all appurienances therelmto
<br />belonging unto the said ,lIlortgagee, foreve~, pr?vided always, and t~is mortgage is, upon the express con.
<br />dition that if the aforesaJd Mortgagors, thell' heus, executors, adrmTIlstrators or asslgns shall payor cause
<br />to be paid to the said Jl'lortgagee, its successors or assigns, the principal sum hereinabove set f(lrth, all
<br />according to the tenor and effect of a certain installment note of said Mortgagors hearing eYl'n date with
<br />this mortgaoe and shall pay taxes and assessments levied upon said real estate, and all other taxes, l~\ies
<br />and "ssess~e~ts levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same or anv inst.allment thereof becomes delinquent, then this mortgage to be void, othen\;se to remain
<br />in full f oree.
<br />
<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 "ith interest shall be paid by said Mortgagors,
<br />and this mortgage shall stlilld as Si:Curity for t.he same, (2) That I\lort:;agors covenant with the Mort.gagee
<br />that the\' are la\dulh' seized of said real esLate and co\'enant to warrant and defend the said real estate
<br />aoainst. the lawful cfaims of all persons whomsoever. (3) That in ease of a for"closure 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 same becomes due, or a failure to comply ,,;th 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 />
<br />TRANSFER OF THE PROPERTY; ASSU]'"IPTlON, If all or ;my part of the Property (.r an
<br />interest. therein is sold or transferred by Mortgagor without I\l<'rt~agee's prior "ntten ('ons",nt, excluding
<br />(a) the creation of a lien or encumbrance subordinate tv this l\lorigage. (b) ihe <Ti'atj"n of a purchase
<br />money security interest for household appliances, (c) a transfer by de\'ise, d"s('.-nt or by operation of law
<br />upon the death of a joinl tenant or (d) the grant of any leaq,hold inh'Tt'st of thr"e Y"<lTS or less not. con.
<br />taining an option to purchase, Mortgag.."t: may. at I\lortgag,'e's option, declaIe all the sunlS ,,'Cured by this
<br />Mortgage to be immediately due and payable,
<br />
<br />If l\-lortgagee exercises such option tv ac'cddat.e, Moribag''€ shaU mail .'\lori"agor notice of
<br />acceleration and such notice shall prO\'ide a pHiod of not 1<'ss than 30 days frum the date the notice is
<br />mailed \\it!lln ,which Mortgag.or may pay the sums (~pclared due, If M~lTigagor fails to pay such sums prior
<br />to the expIration of such penod, Morlgagee may, WIthout further nobce or demand on j\lortgagor invoke
<br />the power of sale and any other remedies pe-nniti..d by <>ppljcable law. '
<br />
<br />Signed this ..28th day of
<br />
<br />March
<br />
<br />., ]9..
<br />
<br />83
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<br />STA TE;r~:,~~~~~ty. } u. ,
<br />
<br />On this .. 28,!:h' __, day 01 _,_,._,._~s:tJ__~ 19._lhl.. before me. U,e UJldprsi",ed, a Not"'>, Puhlic, in and for
<br />
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<br />
<br />...id eo....t)'. ~'wnally came .__~~~~~~..I?.~.,~~_~~,!..tI~arJ<j i"life,. '.. ..
<br />~15onaDy know:n to me to be the idpntkal pen.ons whose names, are affixE'd to lh~ atlO\'(t. Rnd fVft~J.;(lin: iH.'~dl\it~)t'~t, as
<br />mort~a_ and ....cl> acmo..-ledced s.aid in'tnuueot ,to \", his or her ,"oluntal')' act and d....d,
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