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<br />LINCOlN
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FOR" No. 211 (Rev. 121ao)
<br />
<br />53983 - 1 - 60
<br />Loan Number..___________u___nn___
<br />8,.n('b lyP4P
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />83- 004179
<br />MORTGAGE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THAT.................B,t~..~.,...~..v~..J.....P.aY.i$.Qn"..h~..~..w.u.~,.......'..,........'.................................
<br />
<br />hereinafter called Mortgagors, in consideration of the sum oL......,.........,.........
<br />
<br />.,~..~~,.~~..~~. Jl~..im4..j\9D.QO::-::-.:::::-::-:.-::-::::::::-::-:::::::::=-::::::::-::-::::::::::::-::::::::::-:::-.7.::::::::-
<br />
<br />($7,990.49 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, tmto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />
<br />Mortgagee, its successors and assigns, the following described real estate, situated in.....l:lAlL..............m....
<br />County, State of NEBRASKA, to.wit:
<br />
<br />Lot Two (2) in Block Forty (40) in Russel Wheeler's Addition to the City
<br />of G.raro Island, Hall County, Nebraska.
<br />
<br />TO HAVE AND TO HOLD the real est.at.e above described, with all appurtenances thereunto
<br />belonging unto the said Mortgagee, forever, provided always, and this mortgage is upon the express con.
<br />ditiOli that if the aforesaid Mortgagors, tl>l!ir heirs, executors, administrators or assigns shall payor cause
<br />t<:> he paid to the said Mortgagee, its sucr.f'ss;ms or assigns, the prinl.:ipal sum hereinabove set forth, all
<br />ae,xmling to the tenor and effect of a t'ertain installment now of said Mortgagors bearing even date v,rith
<br />this mortgage, and shall pay tues and asset'sments levied upon said leal estate, and all other taxes, levies
<br />and /lS$eS!lnllmts levied upun this mortgage or the not.e which this mortgage is given to secure, before the
<br />same or MY installment thereof b<'COlnt$ delinquent, th.m this mortl(age to be void, otherwise to remain
<br />in full force.
<br />
<br />rr IS FURTHER AGREED (1) That if the "'lid ?\lortgagor shall fail to pay such taxes, (he
<br />Morqfl~gee may pay the same and ule; sum so advunct'd, wi,th interest shall be paid by. said Mortgagors,
<br />and t!l1S mortgage shall !It.and as l>Ccunty for tbe same. (1) fhat Mortgagors {'ownant With the Mortgagee
<br />that they are lawfully seized of said real estate and {'",""nant to warrant and d<:fend the said real estate
<br />agains.t. the I.awful daims ot all. p.,rsons whorn"",..v"r, (3) That in case of a for~do$ure of this mortgagel
<br />the plamtlff In such proce"Olngs shall b" ,motled to take P()&.~eSSlon of the prenuses, prok'Ct the same and
<br />colloc1, th" wnts, i"",u{'.S and profit;; th"f'''!. (4) That II failure to pay any of said money or any install-
<br />ment tlwmof when tht' &'iIlW heCOiDt'S due, or II failure to comply with llny of the foregoing agreements,
<br />shall _'ause the whole sum of money hert'in sh'ured to hh,ome due and collectible at on(;e at the option of
<br />the Mortgagee.
<br />
<br />TRANSFf:R OJ.' THE PROPl-:HTY; ASSU.MPTION. If ail or any part of the Property or an
<br />inl~rest therein is sold or tnmsferred by \lortg;lgor without Mortgagee's prior written consent, excluding
<br />(a) the creation of a lien or encumlmmce !<ubordinate t.. this Mortgage, (b) the creation of a purchase
<br />money security intef'!'l'~ for household applian<:(;s, (e) a trllfliifer bv devise, descent or by operation of law
<br />upon the death of a J<lmt tenant or (d) the grant of any lea"d101rl intHcs( of three yc;ars or less not con.
<br />taining an option to pureha..<:e, Mortgage", may, at Mortgagee--'s option, rl.'clare all the sums S€i;ured by this
<br />:\wrtgage to be immediately due and payable.
<br />
<br />If Mortgagee t'xerdses such option t.o accderate, Mortgage", shall mail Mortgagor notice of
<br />an:e1eration and such notice shall provide Ii ~""riod of not. less than 30 days from the date the notice is
<br />mailed wit~.which MOrlgag.or IDa{,v pay the sums ~e~'la.red due. If J\.lort.gallor fails to pay such sunil? prior
<br />to the t>Xpu-a!iou of such penod, J\. ortgagee may, WIUlout further nolwe or demand on Mortgagor lllvoke
<br />the POW(lt of $ale a.nd any other remedies permitted by applicable law. '
<br />
<br />~gm-d Ulia..2nd.. day of
<br />
<br />M'>\~ 01"J..ElmAS.KA
<br />. ,.,,_,...__,,~..,,_,.;,'__C_nliY.
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<br />Onthll!..,_...ln4....... day of ..~..... ....." 19.Ql.. before me, the u.n<l"...i~Il'.J." Notary Public, in "nd f~r
<br />
<br />toiW ('~.r,.~7 -..~--".,~.'{;l&k,.LJ-"...!ay.i.uM..hglilblm,t.IID4...wj,f~L
<br />.I""~ ~.m'_ to '"" Iht; ;d""t.kiil: J"'''''''''' wi":",, hii""", "ft, ~1fu.<>i to th" "1."..,, r..nd f"".~"hlfl ,,,.-tmw..',,l., ""
<br />~~ ~~.n ~...t..dll...t ...idl".t"u._..t t<> b" bl~ <or 00. '''!u...t,q,y act "nd d.:.ed.
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<br />GI:And Isl.a;OO, Nebraska
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