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<br />83-004698
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<br />REAL
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No. 21 t (REV. 12/80)
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<br />Loan Number ___?~nL__=_;!.____:-nP.9~.
<br />annc" T'YI*
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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 />THAT.".._..",~~..~:.,,~~_.~..~-,~.:..:!.~!._~..~~,~~~.~_.._.._.......--_._,-,--~..._.
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<br />hereinafter called Mortgagors, in consideration of the sum (>L.....~~~~.~.*.*.*.~*._*.~.*.~*.*.~~~*.*.*.~.*.~*..~~...._.
<br />***~~*.:'.~~~,*~..~ .~~...~ ~..~!~~g,~.:~~,~,~,~.~~~~.~,~.~.~~~~,....,._.._...._.......-....'
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<br />($ 10 800.00 ) DOLLARS, the reeeipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVINGS AND WAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />Mortgagee, ita successors and assigns, the foUowing described real estate, situated in.."...~.~_._~__m.'..._.
<br />County, State of NEBRASKA, to-wit:
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<br />'!he Northerly Slxty"'"€ight (68) feet of lot One (1),
<br />fll=k'l'ielve (121. Gilbert's Second f'\ddition to the
<br />City of Grand Island, Hall County, Nebraska
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<br />TO HA VB AND TO HOLD the real es!.ate above described, with aU appurtenances thereunto
<br />belonging unto the said \1ortgllgee. fOI'11"..r, prtwided illways, and this mortgalle is upon the express con.
<br />dition IMt if the aIol'e5aid .\fortgaliOl"!!. their heirs, executors, administrntorn or ll.~.igns shall payor cause
<br />to be paid to the...id Mnrt"ag<"1, its wcc~",rs or M"ij;,'1\s, the principill sum hereinalxwe set forth, all
<br />according to the tenor ilnd dIed o! " c"rtam in$u,Hment no!;, of .".id Mortgagors bearing even date with
<br />this IOOngllge, and shall pay tax"" aod hS",',;.SUH'rHS lev,,,,J upon said mal eS!llte, ond oU other taxes, levies
<br />and assessments h~\-,ed upon this rnQrt~-a~t! ~}r the nut.e .which this mort~ngo is givt~n to s~urc, before the
<br />SlUm! or any inrtallmvnt thereof be<Xlmes ddinquf'nt, th..n this mortgalle to he void, otherwise to remain
<br />i.i full !~~.
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<br />IT IS l-'VRTHER AGREED (I) That if th" said M(>rtgagor shall .raU to pay such tax.... the
<br />Mortgagee may pay the same and th" .urn 00 advanced with interest shall he paid by said Mortgagors,
<br />llI\cl this morqllge .tlltU stand llII """,,uri!y for the "''UM. (2) That !'.lortga!:o.." covenant with the Mortgagee
<br />that they""" lawfuUy seized of said relll estate .!Uld C"''''rutIlt to wllrrunt and defend t.he said real estate
<br />,,(aimt the lawful d:tin>:> of all peNOns wMtmO<>ver. (:1) That in ''''Iie 01 " foreclosure of tWs mortgage,
<br />the plaintiff ;nsuch proceedingasil1'U ,.... entitled tu r.d;e 1"'....'..."()O of the promi""". protect the same and
<br />rolled; the rent!<, ,...'u.... and profits theroof. (4) That a ailure to pay any of said money or any install-
<br />nw.nt IM......r when t.he ""In<! I...~'omc;; due, ,,. " fa;}ure to ,'ompl)' with any o! the foregoing a~eemenhl,
<br />shall cau.., the whole sum o! lnLJl\ey herein socured to b",:orne <lu" and collectihle lit once at the option (>f
<br />the Mortgagee.
<br />TRANSFEH lli' THE i'ROI'l-:HTY; ASS1J \1I"frON, If "n or any part of the Property or an
<br />int<1lWt th<<..in is "old or t",""ferred hy :\Iortg,,~or without Mortgag.,," prior written <'oMent, exduding
<br />(al the ('reAtion 01.. lien or encumbrance subordinate te this Mortgage, (h) the """,tion 01 a purcha.'!e
<br />money "",",utity inte"",t for h'>lL""hold appliances, (c I a transfer by devise, d....cent or by opttration of law
<br />upon the death of .. joint tenant Of (d) the grant of any leasehold inter""t .of three years or 1.'S.~ not ron-
<br />taining an option to pureh""",,, ~tortgagoo may, at Mortgagee'" option, declare all the 3ums socured by thill
<br />~ortgagll to "" imn....iiately due and payabl".
<br />If MQr!elig"", eJ;efci""" such option t<> ac.'d"",t.e, MQrtgil~"" "lulU m&! M.ortgagor notice o!
<br />a......'elenltion and .....ch ooti<:e shall prm'jd.. " peri~>d of not 1_ Limn 30 days from Ll>e date the notice is
<br />mailed within which Mortgagor may pay the sums dedared due, If MQrtgagur fails tQ pay such !IUIllS prior
<br />to the expiration of such pttriod, MOrl.,agee may. without further notice or demand on Mortgagor, invoke
<br />the pow<< oi saJe and any other remediets permitted by applicahle law.
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<br />SigMd tm~L~".day of.
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<br />Oll Jbio _,,~_ m '. day 01 ._ ""~t~I,,,", 19..Jl;lbel"", m". the u.m..noicned. a Notllry Puhlic, i.. """ for
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<br />..w.~. ~ _~!.l~:",.:J~..!..~'~,:LM.,_.J~_!i'~l~!B..~..\'!~f!L".___".
<br />~ ~ ... ..... to bot u... itlen&al ""_ wh_...._ ..... ollInd l<> !be ..",.... and tome...... wt<u""",t, ...
<br />~ ....a .-a. __~ ....m ._t .. be hi. ". lMlI ...luIl"'", ad and dMd.
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<br />"~__~" .'. ....'.. .,'::''1't?,. .".,-,"~~~.J(JVC~"f' N~.:':puhli';.
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