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<br />1INCOlN.
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. Zll (REV. 1 ZISO!
<br />
<br />53477 - 1 - 69
<br />Loan Number --------------il,-;n~;:;-----f;;;.;
<br />
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />83- 003595
<br />MORTGAGE
<br />
<br />KNOW ALL:MEN BY THESE PRESENTS
<br />
<br />THAT..,....................~~..:g.....~f.:..~..I,.i:Q99..J5.:...~J.~..h~~...?;mt.w..ife.,............................................
<br />
<br />hereinafter called Mo:rtgagors, in consideration of the sum of ..............................................................................
<br />
<br />...fQM+:_.~~d..~e~..H~.:'JJw.ent}.'=Eight..,and25L1Q.Q-:;::::::===.::::::::-=.-:;::::::::::::::::==::-.:::-:==.....:-::::::.::;-
<br />
<br />($4,328.25 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title, including all the rights. of homestead and inheritance, unto FffiST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />
<br />Mortgagee, its successors and assigns, the following described real estate, situated in........!i~J:J::..................
<br />County, State of NEBRASKA, to-wit:
<br />
<br />lot '.DNel1ty'-'lWJ (22) t Ross-Theasrreyer Sul:rli vision to Hall County, Nebraska
<br />
<br />
<br />TO HA'VB Al'.TJ) TO HOLD the real estate above described, with all appurtenances thereunto
<br />belonging unto the Slidd Mortgagee, forever, provided always, and this mortgage is upon the express con-
<br />dition that if the afor,esaid Mortgagors, their heirs, executors, administrators or assigns shall payor 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, ~Uld shilll1 pa.y taxes and assessments levied upon said real estate, and all other taxes, levies
<br />IUld assessment!; levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same or any installmEint thereof becomes delinquent, then this mortgage to be void, otherwise to remain
<br />in full force.
<br />
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such taxes, the
<br />Mortg~lgee may pay the same and the sum so advanced with interest shall be paid by said Mortgagors,
<br />llnd this mortgagl~ shaU stand as security for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that they are lawfully seized of said real estate and covenant to warrant and defend the said real estate
<br />ngainsl; the lawful claims of all persons whomsoever. (3) That in case of a foreclosure of this mortgage,
<br />the plaintiff in !.uch proceedings shall be entitled to take possession of the premises, protect the same and
<br />(~llect the rentl;, issUE:S and profits thereof. (4) That a failure to pay any of said money or any install-
<br />ment thereof when thle same becomes due, or a failure to comply with 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; ASSUMPTION. If all or any part of the Property or an
<br />in~rest therein is sold or transferred by Mortgagor \vithout Mortgagee's prior written consent, excluding
<br />(a) th~~ creation of a lien or encumbrance subordinate to 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 to purchase, Mortgagee may, at Mortgagee's option, declare all the sums secured by this
<br />Mortgage t~ be immediately due and payable.
<br />
<br />If Mortgagee exercises such option to accelerate, Mortgagee shan mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of not less than 30 clays from the date the notice is
<br />.m.. ailed wi~ ,wh. ich Mortgag.or may pa. y the sum. s ~eclared d..uueeyl,. f-M?rtg. agor fails t.o pay such sums prior
<br />to the expu-atlon of such penoo, Mortgagee may, Wlthout f~_er nbtlce or demand on Mortgagor, invoke
<br />:the power of sale and lmy other remedies permitted by appli,,-:able law. ,;'
<br />f l:~~'-; ~//' ,}
<br />S. d .thi 6th ita f Julv ". /4/' /// /; 983
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<br />day of ...,......if.~...._....... 19.5.3.. before me. the undersigned" a Notary Public, in and for
<br />
<br />t.1:le ahQve and foregoing llu!rUXIH,;nt. as
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