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<br />UNCOLN
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. 211 (REV. 12/80l
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />Loan Number _.?j}.?.9_____=__~___:__~~__.
<br />Branet. Type
<br />
<br />83-dJ04378
<br />MORTGAGE
<br />
<br />r
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THAT.'!.~,~,.,11,.",~g..<,,~f:..,9fl.Q.,~..@.J5gJ+:,_..hg!?mn(;L!IDfL~.:f~L""h..._mh,,""_"""""""_"'''''''''''''
<br />hereinafter called Mortgagors, in consideration of the sum of.Thm_~...TI!QY,9.W!9..Q:1~..H~~..EQJj;y.
<br />
<br />..iIDfL;!8./10,Qn...hn.....n__.,__.. .". u..,.__,.,'",,""',,',.."" ""'.."...mn.....'..m..m_.m............m.................._......""'..mm......nn.
<br />
<br />($ 13,140.58 ) DOLLARS, the receipt of which is hereby aclmowledged, do hereby MORTGAGE
<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 />
<br />Mortgagee, its successors and assigns, the following described real estate, situated in....,JI91:~'''''',,"'''''''h''
<br />County, State of NEBRASKA, to-wit: Part of IDt Fifteen (15}of the County Subdivision of the
<br />South Half of the Southeast Quarter (~SE%) of Section Sixteen (16) and part Qf the Northeast Quarter
<br />of the Northeast Quarter (NE\NE!-4) of Section 'Twenty-one (21), both in Township Eleven (11) North,
<br />Range Nine (9), West of the 6th P.M., Hall County, Nebraska, described as follows: Cormencing at a
<br />point on the South line of the alley directly opposite the Southeast corner of IDt Three (3), Block
<br />Three (3), Wiebe's Addition to the City of Grand Island, Nebraska: running thence Westerly along the
<br />South line of said alley, 132 feet to the Easterly line of Clark Street; thence Southerly along the
<br />Easterly line of Clark Street, 132 feet to the Northerly line of John Street; thence Easterly along
<br />the Northerly line of John Street 132 feet; thence Northerly parallel with the Easterly line of Clark
<br />Street,132 feet to the place of beq:i,nrrinq.
<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 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, and shall pay taxes and assessments levied upon said real estate, and all other taxes, 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 />
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such taxes, 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 are 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 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; ASSU~IPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor without l\'lortgagee's prior written consent, excluding
<br />(a) the 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 to be immediately due and payable.
<br />
<br />If Mortgagee 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 SunlS declared due. If Mortgagor fails to pay such sums prior
<br />to 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 />
<br />Signed thiLJ..?..,..,..day ot.",..
<br />
<br />STAlJ'E OF NEBRASKA
<br />
<br />..",".. ..Hall'''_''_''h'h_''County,
<br />
<br />}ss.
<br />
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<br />'"'j~~ha:::;/~cY'm"__'h"""",,"""""
<br />
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<br />
<br />On thJa ".1[t.hhm.". day of 'UO'~~~"hh_"h'" 19,,?J.. before me, the Wlder.rigned. a Notary Public, in and for
<br />
<br />. said County. personally Cllllle h.._~~.uo~...~g./...J.!::.".~..~h.&!n'h~gJ....h),l~.3ID~.Lw;iJ.~".'_..h.uo"uo"
<br />personally known to me to be the identical person.s whose name.' are aJlUed to the above and foregoing instnunent, as
<br />mortgago.... and each acknowledged said i""trument to be hi. or her voluntary act and deed..
<br />
<br />Witness my hand and notarial seal aL_.,.. uo.,....._Gl;~...;!;?l~L..~~,,_..h.._...
<br />th" date IJUt above written. -
<br />
<br />
<br />My e<m:uni""j,," eJ;pires ,h.......~I~T=
<br />
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