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lJ"~ SHORT FORM - 1 ~ 69
<br />t Fj;'~ t_can Number -.57416
<br />~~~}~` PROPERTY IMPROVEMENT --------e,: ~rC-----{,o:
<br />lFMCf}LN EOPM No. 211 t~EV. 121!301 -
<br />~~ 04i89i
<br />(~ REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY TIl;~:SE PRESEIQTS
<br />THAT._ iNaryin_ E._IIlgl®I~n....a-sizlgle-.~ersofi.. - ---- -- --- ----- --'- - ---- ---------
<br />hereinafter called Mortgagors, in consideration of the sum of-.-_...--._..-_.._.-....._ ..............____--
<br />'Ihr~ 'Thousand..Three..iitt~d~'ed..lli.nQty.--S7ix.a»d..7311t1Q-------.--_
<br />fi 3,396.73 ) DOLLAP.S, the receipt of which is herebyy acknowledged, do hereby 1\90RT+;AG$-'
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, unto- FIEt>~'-`-
<br />FEDERAL SAVINGS AA'D LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called'`
<br />Mortgagee, its successors and assigns, the following described real estate, situated in-...,-_........„.-~.....,.-
<br />County, State of ATF,BRASKA, to-wit:
<br />lot 48 in Buenavista Strtxlivision an Addition to the city
<br />of ;rand Island, Hall County, tletaraslca.
<br />
<br />`m HAVE AND 'I'O HOLD the real estate above described, Hith all appurtenances thereunto
<br />belonging unto the said Mortgagee, forever, provided always, and this mortgage is upon the eipress con-
<br />dition that if the aforesaid Mortgagors, their heirs, executors, administrators or assigns shall pay of cause
<br />to be paid to the said Afartgagee, ifs successors or assigns, the principal sum hereinabove set forth, all.
<br />according to the tenor and eEect of a certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay lanes and assessments levied upon said real estate, and all other fazes, 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 becernes de}inquent, then this mortgage to be void, otherwise to remain
<br />in full force.
<br />I'P IS }~'UH'1'HER AGREED (]) That if the said Itfortgagor ~haU fail to pay such tales, the
<br />Mortgagee may pay the saute and the sum so advanced with interesC shall be paid by said Mortgages,
<br />-nd this mortgage shall surd as security for the same. (2) That Mortgagors covenant with the TSoztgagee
<br />that they are lactifu?ly aei.c•d of said real estaf.e and covenant to warrant and defend the said real estate
<br />a3ainst the ?a«;ul c9ai~ns of all persons whurnsuever. (3) 'T'hat in case of a foreclosure of this mortgage
<br />the plaintitl in such pruce~dings =hall be entitled to take possession of the premises, protect the same an~
<br />collect the rrnts,issues and profits thereof. (4) 7fiat a failure to pay any of said money of any install-
<br />ment thereof when the same bc~rernes due, or a f.3ilure to comply with any of the foregoing agreements,.
<br />shall cause the whole swn of money herein secured to became due and collectible at once at the option of
<br />the Mortgagee.
<br />TRAMS} ER OF'PHE }'HO}'EkTY- ASSUMPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor z;ithaut R4ortgagee's prior written consent, excluding
<br />(a) the cnat.ian of a lien ur encumbrance subordiru,te to this A9ort.gage, (b) the creation o[ a purchase
<br />maney security interest for household appliances, (c) a transfer by devise, descent or by operation of law
<br />upon the death of a joint tenanf or (d) the grant of any leasehold interest of three years or IESS not rnn-
<br />taining an option !o purchase, Mortgagee may, at >G4ortgagee's option, declare all the stuns secured by this
<br />IMort.gage to be inunediatcly due and payable.
<br />}i Mortgagee exrrrises such option fo -iccele;ata, Mortgageehall mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of rent Icss than 30 days from the date the notice is
<br />mailed yvithin ehich Mortgagor nay pay' the stuns declared due. It Mortgagor fails to pay such sums prior
<br />to the expiration of such }'triad, Morigagc~ may, without further natice ar demand on Mortgagor, invoke
<br />the }waver of s:t}e and any other remedies peruvtted by applicable law.
<br />Signed this_ 12th day of April.. 19 89 .
<br />(_ ~ ' ~
<br />Marvin E. Fnyleman -
<br />STA'i"E OF rSEBRASKA
<br />_?~i_.. _. county, ~ '
<br />On thin ._ . ~.. -day of .. ..._. ~1):2Z3.1._ _ .. _, ]9_~Q, before me, the undenignrd, n Notary PnDlir~ in and for
<br />saiti L:ounty, personally carne 1'7dTV.17,7 F. F]l~];EK4k3rla...=1-. $3,47Q~..~'.-i='~'.r:~971... _ _..- _
<br />rxersonal}y k.nnwn to are to !re the ident;ra7 frrr•.a•,~s whore ru,mas are attued to Lhe xhove xnd for r~;;r.ine ins.run~rnf, w
<br />rncrttagrra, nerd rarh rrt,.n,.~*7ec7Yed .aid inrtavuvnt to be his ar her vol~in LVry act and dyed.
<br />i5';tnPSS ray haer:i and nntar;al ~,•~ ^t Gxaracl _I51.~'2~,. ',.r:~sn~ _
<br />tiro date last a! ave w-ritten
<br />r
<br />NOtARr - ffl! • fhAr~ - r.'o!.ary f'uhtrc
<br />tits r~r:,n,;~..os, r ,;xn 3.-.~1~ ..
<br />,~ MI' rarrro r:n rk, . • ±435
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