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<br />83.;.;o..~005137
<br />SHORT FORM. 55072 - 1-69.
<br />PROPERTY IMPROVEMENT Loan Number----------u--i,,;;.;;-----:r,.;;o;;
<br />FORM No. 211 IR~v. 12/801
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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 />THAT...~.H..-Wade...and~Cbmiie..L..:.~,...husband..and.wif.e.........,....,._.._"...-.._...........~_........_-.
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<br />hereinafter called Mortgagors, in consideration of the sum of m....._._......._..................m...._.~_.........................
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<br />...;Eiq.b.t.,.'J1xlusaod..:Ih:iJ:::ty.,S;i.x,.and..No/lDO:::-::-::===.-::==.,......,;...::-......... ,.,..,.........;....;....,...........-
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<br />($ 8 036.00 ) DOLLARS, the receipt of which is hereby acknowledged, do hereby .MOR..TG..A... .."GE. .
<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, hereinaftercalled<(
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<br />Mortgagee its successors and assigns, the following described real estate,. situated in,........Ifa.ll~........_,......... . ... .. .".
<br />County, state of NEBRASKA, to.wit: lDt <Ale (1), in Block 'lhree (3) of Elm Place1\ddi.tion to the
<br />City of GraOO Island, Hall County, Nebraska, and its carpleuent: A triangular piE!(:e of ground in the
<br />Southwest == of lDt 'l\.lelve (12) in the County SUl:xlivision of the SE%SW\ of sect, 16, in 'lWp;1.1,
<br />N. Range 9 \>Est. of the 6th P.M. described as follows, to-wit: Camencing at the iron pin in the sw
<br />oorner of said lot 12, thence running I-brth along the ~st side of the said lot, sixteen & seven-
<br />tenths feet, thence south on a line parallel with the ~st line of block 'lhree in Elm Place:1\ddi.tion
<br />to the City of Grand Islarxi, nineteen & b<<>-tenths feet to the South side of said IDt TWelve; thence;
<br />West nine & five-tenths feet along said South line to the place of beginning, being a right angle
<br />triangle with a base of nineteen & tw::l-tenths feet.
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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 tbe 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 Jevied upon said real estate, and all other taxes, levies
<br />and assessments levied upon this mortgage or the not., which this mortgage is given t"' secure, before the
<br />same or any installment thereof becomes delinquent, theo this mortgage to be void, otherwise to remain
<br />in full force.
<br />IT IS FUR'rHER AGREED (l) That if the said Mortgagor shall fail t.o 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 />tbat they are lawfully seized of ",'lid real estate and covenant to wan-ant. 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 I>ossession of the premises, proU!ct the same and
<br />collect the rents, issues and profits thereof. (4) That a ailure t.o pay any of said money or any install-
<br />ment thereof when the same be<:omes due, or a failure to eomply with any of tbe foregoing agreements,
<br />shall cause the whole sum of money herein secured to bL'Come due and collectible at once at the option of
<br />the Mortgagee.
<br />TRANSFER OF THE PROPERTY; ASSUMPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortga~or without Mortgagee's prior written consent, excluding
<br />(a) the croation of a lien or encumbrance subordmate to tbis Mortgage, (b) tbe creation of a purchase
<br />mon.ey securi. ty interest for hou.<eboJd appliances, (c) a trans!er by devise, descent or by opera tion of law
<br />upol;l the death of a joint tenant or (d) the grant of any leasehold interest of tbree years or Jess not con.
<br />taining an option to purchase, Mort.gagee may. at Morlgagee's option, dt'Clare all tbe surns secured by this
<br />Mortgage to be immed~tely due and payable.
<br />If Mortgagee exercises such option t.o accelerate, Mortgagee shall mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of not less than 30 days !rom the date the notice is
<br />,mailedwit!lln,which Mortgag.or may pay t.he sums ~eclared due. If M<;>rtgagor {ails to pay such s~ prior
<br />to the expu:atiQn o:tsuch penod, Mo~agee may, WIthout f~rrt.her nollce or demand on Mort~gor, mvoke
<br />the power of sale and any other remedies permitted by applicable law.
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<br />Signed thisuo,23.r!J . day ot.
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<br />......Septatrer.:...::..:z~,::d~:~~.:..'.:zI...::Z,::~:~C .
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<br />~il. Wade ,."/ -...
<br />"''It. ,-7 t c_L '. - -' , -::'_";.:"_";-~-hu.,_
<br />'.conmeL'waae."...."'.'
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<br />...STA'nl OF Nli:BRAS-KA
<br />:",1......~....~~~...~_...Qount.Y,
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<br />0... tWo....6.~;g_....,- day of J~\~P.~.__...... 19..~,;L ""fore me, tile und.",i~ned. ... Nol,\ry Public, in and for
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<br />>{lid.. O>\Ult.Y.i>I"",,,,,,lly .,...".. ...~.lL....liade..and.;.Cl::lrmie.L.,-Wade~l1usbanO....<\OO.~;i,:!:st.......
<br />~n():n.;~~ bo-~_ to_JJM:, to 00 th~ identiCal pel'$Ont whose, names ate aflli-ed to the above ~md tOHi:;-oing' iru;tnu'E,)c.ol. M
<br />_rlfa"'.... a.n4.uh. aeJ;;wwlodred Mid Instrume,,1 10 be hb '" her 'olun\Jiry nct and deed.
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<br />My e(~fiTtiJjl:~ii;tfl Hpitd.
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<br />I'M. ~u. l-'lt ..... Writ
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