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<br />UNCOLN
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<br />83- 00:;422
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 (Rev, 12180)
<br />
<br />Loan Number .......??!2~__..=....L....-=-__6L
<br />B,_nell TyPf
<br />
<br />r
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />MORTGAGE
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<br />K..~OW ALL MEN BY THESE PRESENTS
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<br />THA T',......'...~e.til,L,<_<IOO..Jani.c.e.,E,;",S,cbwiegex:,...husbimd..<YJQ..1'li;t;".."...m'.,......,..,....'.'.m......_'.....
<br />
<br />hereinafter called Mortgagors, in consideration of the sum oL____....___....m.'m....__..m.m........m..............'..m...._
<br />
<br />~,i.:':~.,~?~..~?ct.y.:~~"~..9.,y~QQ::_:::::::::::::::::=,======::=,:::_.==::::::::::::_.==::=:::::::::::::::::-
<br />
<br />($5,069.91 ) DOLLARS, the receipt 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 LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />
<br />Mortgagee, its successors and assigns, the following described real estate, situated in'..'~..__m..m.._...._'
<br />County, State of NEBRASKA, to.wit:
<br />
<br />Lot 1, Block 15 Sch:imrer's Addition, City of Grand Island, Hall County,
<br />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 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 ,vith 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 />TRA.NSFER OF THE PROPERTY; ASSUMPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor without Mortgagee'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 irnrnedi,ately 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 surns declared due. If Mortgagor fails t<:> pay such swns prior
<br />to the expiration of such period, Mortgagee may, \\~thout further notice or demand on Mortgagor invoke
<br />the power of sale and any other remedies permitted by applicable Jaw. . ,
<br />
<br />Signed this,m..,?:tl:Lday oC '
<br />
<br />'~fl:Je.~ '.. '.' """j"".T'" 19u~~____.
<br />IJh~:?G. rk ,;,;'t ...":1..;:/::0:./.(.,':,;.1&:.'=:m.,,
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<br />
<br />STATE OF NEBRASKA
<br />.~ ___.____..__...,..."County,
<br />
<br />}a
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<br />On un" ____,___?th..._.. day of .. __...~E..___.... 19,..fl~, before roe, the undeThigned, a NOUl!y Public. in and for
<br />
<br />said County,. personally came ..J'i!mn~t!L~~....i~P.fLJ.~.'??__~,.J'?Q:lv<.!~~J.Jl~~_,~,,~~f.~
<br />< personally known to me to be the identical persons whose names arc affixed to llie above and fotPgoing instrument. as
<br />mortgagors. and each acknowledged said instTUJDent to be his or her voluntary act and deed.
<br />
<br />\Vjtncss my hand and notarial seal at. _ ~.. .Grand -I~l Anc1. Nebra~_ iF:-....,_..
<br />the date last abo.e w . c- ----"u \'
<br />. 'Gf.IIWl. HOT.......,...... - -- ~=...::~j '\ _ " ," I
<br />~ S.O.WOU' . - ~__m" ..' '^ -1
<br />My (01nmj.,..::ion npir _____.__.~~_~!:.~y 21,1984 ,/
<br />
<br />..... Nof:;;;';, -j\;bii~"
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