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<br />UNCOLN
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<br />83.......004439
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. 211 (Rev. 12fsOl
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<br />Loan Number _5~.391_____:::::__L__-=-___2Q.
<br />a,aneh Typ.
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<br />REAL
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<br />ESTATE
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<br />MORTGAGE
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<br />KNOW ALL MEN BY THESE PRESENTS
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<br />THA T.,...\&.!;:JJ.,J.".,...B.Q.wl.i.nqa..and..P.atrela.,TA.,Bawlings.,...h~g,.~..wj.fS\.._.._....,......_.....,....,.'....nn.
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<br />hereinaIter called Mortgagors, in consideration of the sum oL..,.,.........nnm....m..........m............m'..'..'......,.u...
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<br />)'.':i,~,..~.,~~, .~.,7.;1/1QQ:-:::-::-.":",::::::::-::-:::=::==::::::::::::::::::::::::::::::::::,::::::o::::::=:::::::.::::::::::::.","","'.
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<br />($. 5,003.25 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title. including all the rights of homest.ead 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.m..'~;!.n.'......m.n.....
<br />County, State of NEBRASKA. to-wit:
<br />
<br />IDt Ten (10), Island Acres NuIrber Six (6), a replat of
<br />IDts Nineteen (19) and The1ty (20) Island Acres, City
<br />of Grand Island, Hall County, Nebraska.
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<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 tas:es, levies
<br />and assessments levied upon tc..ls 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.
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<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.
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<br />TRANSFER OI<' THE PROPERTY; ASSUMP'rION, If all or any part of the Property or an
<br />interest there.in is sol~ or tnmsferroo by Mortga~or without. Mortgagee's prior written ~onsent, excluding
<br />(a) the creatIOn of a hen or encumbrance subordmate to thIS Mortgage. (b) the creatIOn of a purchllSe
<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.
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<br />If Mortgagee exercises such option to accelerate, Mortgagee shall mail Mortgagor notice of
<br />aCl:elera~on. and .such notice shall provide a period of not less than 30 days from the date the notice is
<br />nuuled Wltpin.which Mortgag.or may pay the sums ~edared due. If M?rtgagor fails to pay such sums prior
<br />to the expU"lltlon of such penod, Mortgagee may, WIthout further notice or demand on Mortgagor invoke
<br />the power of sale and any other remedies permitted by applicable law. '
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<br />Signed this,pA~'_""hday oL..u
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<br />.l\~.Lp.,:':~;~:Z:~i~~;:G:,:.;:.:t~::~~h:8~.:..hhh...h..n
<br />/~il L.Rawlings' u.
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<br />~~~~:~~~::Iy. }-
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<br />On this 'h'h~~_hh"h'" day of 'hU'~!:""_h_
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<br />... 19?';?h' belo.re me. the under.rign~-d. a Notary Public. in and far
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<br />...id County. peUo.naU1 cal1le .~;.!..I:,:....~~~.H9!L.(\t~L~~1.~..:L,,,..B?,\'!J.J.nq,l4Jl\J.~~,,gaLK-ltl'i......,._,.._
<br />Il'tl'llOtlally bo_ t!> me to be the identical perooM WhOlle DAm"" are allUed to the above and foregoing inlItrwnent, as
<br />-rtcIlCOn, lUId INIcb atkn_ledged said instrument to be hb or her voluntary act and deed.
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<br />Wiw- my hand and notarial _I at.. ,
<br />the dat.. last .......e writlt<n.
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<br />'1)' t.."Vtn1nYMiu!'1 "pin.
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<br />Notary PuhU."
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