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<br />UNCOLN
<br />
<br />SHCRT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. 211 (REV. 12/80l
<br />
<br />Loan Number ___?~~n___=__L__-=-__QQ_.
<br />Sr_nch TYJ,M"
<br />
<br />83-004395
<br />MOR TGAGE
<br />
<br />
<br />REAL ESTATE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THAT......,h"~~.~,1.~'".~:"'.~~~..~~...~f~._~!...?9.J;"~...J2~1?!?smg..9!l4.,w.t.f.~L.,",__""_""",,,,,_,,
<br />
<br />hereinafter called Mortgagors, in consideration of the sum oL........._.__.'U...u.....h...h...........h.........'.......__.....,.__
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<br />
<br />($ l3..!253.25 ) DOLLARS, the receipt of which is hereby aclmowledged, do hereby MORTGAGE
<br />and t;ONVEY 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 />Mortgagee, its successors and assigns, the following described real estate, situated in.....~.~__.....................
<br />County, State of NEBRASKA, to-wit;
<br />
<br />Lot Thirteen (l3), Villa Mar Dee Subdivision, Grand Island, Hall County, Nebraska
<br />
<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 yrincipal sum hereinabove set forth, all
<br />according to the tenor and effect of a certain installment note 0 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 morty"age shall stand as security for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that they are awfully 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 t<> take possession of the premises, protect the same ana
<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; ASSUl\.tPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor without lVlongagee'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 t.o purchase, Mortgagee may, at Mortgagee's option, declare all the sums secured by this
<br />Mortgage to be inunediately 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 sums 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 tbis..)Jth....day oL.
<br />
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<br />
<br />Sl'+-n OF NEBRASKA
<br />
<br />............~......_,,_...County.
<br />
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<br />On this 11.1J.L,...u.... day of .......u..A\1e:!.iS.t........., 19....83 before me. the undemped, a Notary Public. in and for
<br />
<br />!laid County, perllOns,!1ycame ..nn:w.uJ..mJh...SQ~,aud..D.el:Klratl..L&Sor.ense.n._busband...aW...wife._
<br />penonallJl kllOWll to me to be the idenl:ica1 persona wh..... names are affixed to the aoove and foregoing instrwnent, ....
<br />tQOrtpcon, and each acknowledeed oald indnu:nent to be hb or ber voluntary act and deed.
<br />
<br />'. Witn<>os my hand and IlOtarllll "'lll aL'~'h'__ Grand Is
<br />lb. dlJle lasl ebov~ wri . ....._..._
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<br />
<br />Nebraska '.'
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<br />-,._- ' , Not.~ry Public.
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