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<br />LINCOOQ
<br />
<br />SHORT FORM
<br />PROPERlY IMPROVEMENT
<br />FC>RMNc>. all lREV.la/aol
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<br />Loan Number. _ ?f!!l!l? .._::-:: __~.. .-=-. .&P~.
<br />. 'U.-"rh 'YSI'"
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<br />I..EA1 ESTATE
<br />
<br />83--002532
<br />MORTGAGE
<br />
<br />KNOW AI..L MEN BY THESE PRESENTS
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<br />THfA'IL.Jg9M."M,.:.~i9tgL.an1'f.Iloima.,J..-~",.,busband.,ami.wife........"...,...,...','..."........'.............
<br />
<br />he'relriafi.et called Mortgagors, in consideration of the sum oL...................u...u.u...............,........................,...~.
<br />
<br />E?~..~~:))~P.;.Jj;)IJ..Q,Q::::=..........,.....,..,...".......==.'u.,..;."':-=..,."'=.~==,..,."....,"""="'=""''''=...
<br />
<br />($6,000.00 ) DOLLARS, the receipt of whlch is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute. title; including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIA TlON OF LINCOLN, J\:'EBRASKA; hereinafter c<llJed
<br />]\{ortgagee, its successors an.d assi~s, the follov.ing described Teal estate, sit'tJated in,......,llal.L................-
<br />County. State of NEBRASKA, to.W1t:
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<br />Lot 'l\oK> (2) in O'Neill SUbdivision being a subdivision of a
<br />p:n:tion of Blcx::k 'lliree (3) Pleasant H::me. SUbdivision, in the
<br />city of Grand Island, Hall COunty, Nebraska.
<br />
<br />TO HAVE AND TO HOLD the real f."State above described, with all appurienances thereunto
<br />be}on!cing unto the said Mortgagee, forever, provided always, and this mortgage is upon the "X press con"
<br />dition" that if the aforesaid Mortgagors, their hein;, executors, administrators or :;ssigns shall payor cause
<br />to be paid to the said Mortgagee, its successors or assigns, the principal sum hereinabove set forih, all
<br />according to the tenor and effect of a certain installmr:nt note of ~aid Mortgagors bearing even date ,,~th
<br />this mortgage, and shall pay ~es and assessments leVIed ~pon ~d real es~te, ,and all other t axe;, J~\les.
<br />and assessments levied. upon this mortgage or the note which thls mortgage IS glven to secure, belOre the
<br />same or any insl.allnlent thereof becomes delinquent, then this mortgage to be void, otherwise to remain
<br />in full force.
<br />
<br />IT IS FURTHER AGREED (l) That if the said Mortgagor shall fail to pay such taxes. the
<br />Mortgagee may pay the same and th~ sum so ad~'a.nced ".jth interest shall be paid by. said Mortgagors,
<br />and this mortgage shall ~Umd as s,ecuntv for t.he same. (2) That MortJ;agors Co\'cnan.t Wlth 0e Mortgagee
<br />that thev are lawfully 5elZeC of SlUd rea! e"tate and covenant to "'anallt and defend the s3.ld real eslate
<br />8t:ainsl. the l,awful claims of. all per5tlns ,,'h~m~e"er. (3) That in case of a for..-closure of this mortgage,
<br />the: plamhtr m such proc,*dUlgs shall he entrtJeo to take possesslOD of the prerruses, protect the same and
<br />eQlIet:t the rents, issues and proiits tht:reof. (4) That a failure 10 pay any of said money or any insl<llJ-
<br />I)lellt the reo! when the same becomes due, or a failure to comply "ith any of the foregoing agreements,
<br />shall cause the whole sum of money herein secured to become due and collectible at (lnce at Ihe option of
<br />the Mortgagee,
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<br />TRANSFER OF THE PROPERTY; ASSUMPTION. If all or any part of the Property or an
<br />int",rest therein is sold or transferred by Mortga~or without l\'orlgagee's prior written con>ent, eIcludUlg
<br />(>!,) the creation of a lien or eD<:U!Dbr...n<:e subordinate to this Mortgage, (b) the ueatiun of a purchase
<br />!Done)' se<;uritv interest for hQusehold applianl'eS, (c) a transfer bv de vis",. descent or by operation of law
<br />\lpon !.he dll!lth of a jointt.enant or (d) the grant of any lelL~ehoJd inlerest (ll three y<'.ars or less not. ('on-
<br />l;aJlli,ngan optiontop~rchase. Mort~agt>e may, at Mortgagee's option, declare all the sums st:'Cwed by this
<br />Mortgage to be itnmedial.llly d\le and payable.
<br />
<br />.If Morl;gagllll ex~rcises such ~ptiOD to. accelerale, M<trtJ;agee shall mail .!llorl,gagor notice of
<br />a<;~lliratiOll and, suCh notice shall pronde a j>eTloJ of not less than 30 days from Ihe date Ihe nonce is
<br />JDall~,,:j~n.whic:h Mortgag.or may pa)' the sums <!eclared due. If M~Tlgagor fails 10 pay. such sums prior
<br />to !.hIlUpu:li\tion of such penoli, Mortgage;: may. 'l\'1thout fw1her notICe or demand on Mortgagor, inv(lJ;e
<br />tnc. po....e,ro{ sale and. any other rewediespHrnitted by applicable law.
<br />
<br />
<br />$jJme(tWl>,'....J.~Lday oL."".~"
<br />
<br />.n,,,n.nn.,,,,..n....".,,n.u un. 19. 83
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<br />.,f~L21Z.;?Zk~:.n.
<br />~F::ank M. c~~ . .
<br />-~~;"~Ste\:L~Q.W:~.~.,,...,...
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<br />19.Jil "",,,,e me.. the ""o.rsi;ned,. .. NnUHY Puhlic. in hnd /0'
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