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<br />QQ ~~ ii01022
<br />~ SHORT FORhV~ LoanNumber___56882 - 1 _-_60
<br />~~.14L PROPERTY IMPROVEMENT ~%•~•+ - --+rr
<br />~-1~-^~ Fonra No. 211 IR[v. 12801
<br />1RlJ REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />Dennis M. Hansen and Barbara A. Hansen, Husband arud Wife
<br />THAT..___----•-------••-------------------------°--•---•- -------------- --•-------------_....---•---•---•------°_...
<br />***~w*a•**t*********************
<br />hereinafter called Mortgagors, in consideration of the sum o[ ..................................................................._..__._
<br />********Ten Thousand Fjve and 50/100*********************
<br />(i 10,005.50 )DOLLARS, the receipt of which is hereby acknowledged, do hereby DfORTGAGE
<br />and CONVEY an absolute title, including 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_._.__fla).1 ..................._
<br />County, State of NEBRASKA, to-wit:
<br />Lot Ito (2), O'Brien Subdivision to the Village of
<br />Alda, 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 tenor and effect of a certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay taxes and assessments levied upon said real estate, and all other tales, 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 Mortgagor shall fail to pay such Lazes, the
<br />Mortgagee may pay the same and the sum so advanced with interest shall be paid by said Mortgagors,
<br />and this mortgage shall stand as security for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that they aze 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 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 with any of the foregomg 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, eaduding
<br />(a) the creation of a lien or encumbrance subordinate t,o 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 leasehold interest of three years or less not con-
<br />taining an option Lo purchase, Mortgagee may, at Mortgagee's option, declaze all the sums secured by t}ris
<br />Mortgage to be immediately due and payable.
<br />If Morlgagee 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 t.o pay such sums prior
<br />W 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__.27th ..day of- - .February.- -~ - - - - - - - -- - -- r • 19---84-----
<br />~' ~
<br />,~
<br />STATE OF NEBRASKA
<br />---~1 ------------ CD1"ti• ~ a<
<br />On Chia ._?~~? -__ day oI _-FP~Tlid.T.]~.-._.~ 19$4._ before me, the underlie ed, a Notary Public, in and for
<br />Dennis N,. Hansen and Barbara A. Hansen Husband and Wife___..___
<br />said County. personally came _'- -__.__-__.__.--~'-.-..._.__.__.-._...___.___.i ---°-.-°
<br />personally known b me to be the identical persons whose names are affued to the alrave and for cgoine inssirument, as
<br />mort~a~ata, and each acknaN•ledted said instrument to be his ar her .•oluntvry act and decd
<br />Grand Islarrl Nebraska
<br />Witness my hand and malarial xal at_.-.__. --._.~-_:4~_ .; • .. _ _. __
<br />- •^y ,-. .~. ..-.. --
<br />the dakr last atwva written ~ ~ ,,
<br />` ' ,~t
<br />t tgiMlf.~ r IYYtUM~ _......, ._.:~.:._..~ .~..~.~..< <,f~ ~ .t,~'~
<br />j Nc+!ary Public .__
<br />r.tx convnission ezp'ues.,.. »_.~- ~•.D;~,WiDt4i
<br />_ - ..fry_ikram. asp Yi-ji3t'.-1M~ " yi
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