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<br />UNCOLN
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 !REV, 12/601
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<br />Loan Number ____~~~~~__=_~_____=___~~_.
<br />.t."ch- 1)',..,.
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<br />ESTATE
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<br />84 -003240
<br />MORTGAGE
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<br />REAL
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<br />THA T...____y.Qll..A",.i'iediqe...aru1 Rnnni'l ~.we,"'l1'],,; .!2\~A!'E..~A-!~""~"';"4"__':"":"""..."_.'...... ..m....................
<br />
<br />hereinafter called Mortgagors, in consideration of the sum of ...........'-.~.;.;_........,_.;.........'-........,.._::...-,:;-;;..---~
<br />
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<br />
<br />($ 3,568.05 ) DOLLARS, the receipt of which is hereby ackDowledged, do hereby MOR'I'GA'QE
<br />and CONVEY an absolute title, including all the rights of homestead and.. inheritance,un.t.O]':ERST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN,NEBRASI%berein~callr
<br />
<br />Mortgagee, its successors and assign.s, the following described real estate, situatedin.-:,._,~";"_;;;_,._--;-..,_u
<br />County, State of NEBRASKA, ro.Wlt: '>. ... .....'...
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<br />Lot Fifteen (15) am West Five (5) Feet of Lot sixteen (16),B'loc)l::
<br />Three (3), in Westerhoff's Second SuJ:x:1ivision, being a. resubdivisioIlof
<br />the South Half of Blocks Three (3) and Four (4) and the North Half of
<br />Blocks Five (5) and Six (6), Westerhoff's First SuJ:x:1ivision in/the'City'
<br />of Grand Island, Hall County: Nebraska
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<br />TO HAVE AND TO HOLD the real estate above described, with aU aPJl1.lI't.enancesthel'euDtO'
<br />belonging unro the said Mortgagee, forever, provided always, and this mortgageis.uponl.beexpres&coll-":.r'./i:
<br />dition that if the aforesaid Mortgagors, their heirs, el'ecurors, administrarorsorassignssha1lpayor~use~: :
<br />ro be paid ro the said Mortgagee, its successors or assigns,. the yrincipal sum hereinabove set:fQrth, alt
<br />accorcling ro the tenor and effect of a cerl=u installment note 0 said Mortgagors bearing even date witb
<br />this mortgage, and shall pay taxes and assessments levied upon said real estate,and allptherta:IesiJeVies-
<br />and assessments levied upon this mortgage or the note which this mortgage;s given.ro'.secureibelore:the...
<br />same or any installment thereof becomes delinquent, then this mortgage to be void, otlierwiseroremain
<br />in full fore""
<br />
<br />IT IS FURTHER AGREED (l) That if the said Mortgagor shall. failropaysuchtaies".th~
<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 wal estate and covenant to warrant and. delend the saidreal'es4Jte
<br />against, the l,awful claims of, all persons wh~msoever, (3) That!n case of afor!"closure of this'mortgage,
<br />the plamtlff m such proceedmgs shall be entltled to t<<ke posseSSIOn of the prellllses; Jlrotect the saroeand
<br />collect the rents, issues and profits thereof. (4) 'n,at a failure ro pay any of said money or any install-
<br />ment thereol when the same becomes due. or a failure ro comply with anyo! the lore going 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 OFTHE PROPERTY; ASSUMPTION. ]f all or any part of the Property or an
<br />interest there,in is sold. or transferred by Mortgagor ,vithout,Mortgagee's prior written consent, exclu4IDg
<br />(a) the CTea~JOn. of a hen or encumbrance s~hordHlate ro thIS Morigag"... (b) the creatipn of a purchase
<br />money secunty mter~~ for household apphances, (c) a transfer by.devlse, descent or by operatioriofJaw
<br />upon the d"alh of a Jomt tenant or (d) the grant of any leasehold mterest of three years or less not con.
<br />taining an option to purchase, Mortgagee may, at Mortgagee's opt.ion, declare all the sums secured by this
<br />Mortgage UJ be immediately due and payable.
<br />
<br />If Mortgagee' exercises such option to accelerat"" Mort.gagee shall mail Mortgagor notiCe'of
<br />acceleration. and ,such notice shaJJ provide a period of not less than 30 days [rom the date the notice is
<br />ITlaJled WJt~m.whlch Mortgag,or may pay the sums declared due, If M?rtgagor fails to pay such SU1Il5 prior
<br />ro the explfation of such penod, Mortgagee may. w,thout further notIce or'demand on Mort~agor invoke
<br />the power of sale and any other remedies permitted hy applic.8hle law_ '
<br />
<br />c.,:"
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<br />Signed lhis...1Atb., day of..
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<br />...,.._.J~.....
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<br />____,]9 84
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<br />STATE OF NEBRASKA
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<br />,......_...._.!:lAbL.._... ('...,unly,
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<br />On this .~__.~4~_..>",._ day of-~_."____... _~_..L~~~~.,,_.... J9...?_4. before me. f.he unJt'I~-i:nt>d. a Nota.ry Public,. in and rot'
<br />
<br />",id County, p0150nally came .,Y~!Lt\,-...~.igQ~~J~g!1Q<;l,.J:1,_IWl9.e.L.tllig?ill1J.SV.1c.!._'!!-ht.'2_......_..... .........,.
<br />penos:a.lly known to m~ to be the identical p~n.ons who5-e lUlIJ)e.5 an: a1D..J:ed to the a}JOve a.ctd fOH'zotng in.~lnHUf'nt,. fU
<br />U)Orij;al:CB. and each acknowled,eed .s.;t;id instnun_ent to be hi!. or her \'oluntary ltL1. and dtc'ed.
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<br />\Vitnt"U my hand and notarial M':al
<br />the de It> Illll ab(tve writhm..
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<br />My <"lOm;..;on up;' .' ......".. .~~~,1a, .....
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<br />_"NI)!JU)' Pu!>Jic
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