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<br />UNCOLN
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FOR" No, 21 I /Rev. 121eOl
<br />
<br />loan Number _" _ _" ~~~~~..::-:: --~-- --=-- --~~
<br />._."Ch 'rPf'
<br />
<br />r
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />84....o1!' 003284
<br />MORTGAGE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />
<br />THAT..,_..,g5?.l.~..!?".,~~!..~u~~~~~..~,...~!l;,L~~..~,.~g~......""...--...,.,...............-----...-.-
<br />
<br />hereinafter called Mort.gagors, in consideration of the sum of ...................'.......................................................-
<br />
<br />~"~,..~,,!Pi,~9.Q~=,-:-::.::::=,:-:::::::=:-:::=:=::::.:-:::====::::::::::::::::::::::::::::-:=::,.....,..."...,.......-
<br />
<br />($ 7 ,000.00 ) DOLLARS, t.he receipt of which is herehy acknowledged, do hereby 110RTGAGE.
<br />and CONVEY an absolute title, including all t.he rights of homestead and inheritance,unt.cr FffiST.
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinaft.er called
<br />
<br />Mortgagee, its successors and assigns, the following described real esiate, situated in,.....l!.,g,l...L............._,.,..
<br />County, State of NEBRASKA, to-wit:
<br />
<br />The Southerly Twenty (20) Feet of Lot Fourteen (14) and the Northerly Forty (40) Feet of
<br />Lot Thirteen (13), in Concannon subdivision as Addition to the City of Grand Island, Hall
<br />County, Nebraska
<br />
<br />TO HAVE AND TO HOLD real est.ate above described, with all appurtenances thereunto
<br />belonging unto the said Mortgagee, fore',er, provided always, and this mortgage is upon the express con-
<br />dition t.hat if the aforesaid :Mortgagors, their heirs, execut.ors, administrators or assipls shall payor cause
<br />to be paid t<l t.he said Mort.gagee, j" "uccessors or assigns, t.he prim:ipal sum heremabove set forth,all
<br />according to the tenor and died ot a certain installment note 01 said Mortgagors bearing eVeD date with
<br />this !Hollgage, <<nd """ll pay la,," Imd assessments levied upon said real estate, and all other ta:ces, levies
<br />and aSS<!ssmeot.s levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same or any ins!aUment t.hertj(;f becomes delinquent, t.hen this mortgage to be void, otherwise t.o remain
<br />in full force,
<br />
<br />IT IS F1JHTHj<~R AGREED (1) That if Ihe r-aid Mortgagor shall fail to pay such ta:ces,the
<br />Mortgagee may pay the same and the 'UIn so advanced with int.erest shall he paid by said Mortgagors,
<br />and Ihis mortgage shall sbnd "$ "ecw-ity lor the same. (2) That Mortgagors covenant with the Mortgagee
<br />that they are lawhllly H,ized o[ said n,al ,',{al.e and tovenant 10 warrant Il.lld defend the said real estate
<br />against the ]awf"l clair.... of "jj pefsons whomsoever, (3) That in case 01 a foreclosure of Uus DJo,rtgage
<br />t.he plaintiff in ,,,ell proc"..ding. ;;hall he entitlt'd ,tf) I"kc "":""",,s;on of the pretnis~, protect the sa,:,e and
<br />coiled, the rents, '.",wcs and pronts thc":(}f. (4) rhat a allure to pay a.ny of said rnoneyor any mstall-
<br />nleni thereof when the f:;ame ut'CotneS due, or It f;jHure to comply with a.ny of the foregoing agreements
<br />shall eause the whole sum (If rDoney llf:rein 5ecured to become due 8rJd colJectible at once at. the option of
<br />the Mortgagee.
<br />
<br />TRANSFER OF THE PROPEH'l'Y; ASSUMPTION, If an or a.ny part of the Property man
<br />i_n~..ef~-st thef~:in is sol~ or tra.nsr,~rred by 1\-1(!rtga~or wiihout. 1>.1orlgagee's prior wlitt.en ~otlsen4 excluding
<br />(a) the creal.lOn of 8 ben Of t;ncurnbr-ance subon.:hnale to tnLS: J\1ort,gage. (h) t.he <'7eabon of -a pUH~hase
<br />money security inter~~ for hou..c;ehold, ;1jlPliances.- , (c) a f ran~fer by ~.devise~ descent or by operation of Jaw
<br />upon the de.aU, of a JOlllt l.enaJlt or (J) the grant of any kasehold mlerest of th.ee years or less not con-
<br />{..ining an (lplion 10 purchase, Mortgage<; may, at J\lortl{agee's option, cledMe all the sums secured by this
<br />Morlg"ge to be immcdiately due and payable.
<br />
<br />II Mortgagee' exercises such option to a('cdera!.e, Mortgagee shall mail )\'lorlgagor notice 'of
<br />a.ec"leration and stich notice shall plOvide a period 01 not le.5s than :,0 days from the date Ibe notice is
<br />mailed within ,,,,,hid. ),lol'1.g:1/;.or ma.y pay the Slill)S declared Que, If M~)ft.gagor fa.its t.o pa.y such sums prior
<br />10 the explfatJon of such p.,nod, Morl~ag"" may, ",~t.hout furt.her nolxe or demand on 1\-1ort&,agor, invoke
<br />the JX>wer of sa.le and any other ri:IJ1i2:d.H:S pt:rmJ.tted by 3ppbc..;':.tbJe law.
<br />
<br />Signed this..2.Qt1.1._..day f)f.
<br />
<br />.;une' 84
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<br />pcuoMD)' \.1KIWD to JlJ(' to be 11M! )dc-n:i~ prr't>UHS whoo.t' tUHn~ lU-e Affi2f'd 10 lhl" above ~r:d r:;;;,~~1~~.-i~~t-~~::~t.~~;:;
<br />~.rt.aJtlora. and r..c.h .~.kJtOwlt"'iCi&..o IJJUd lm.b1UDt:llt t.Q be 1111 OJ' her volunLu)' olIId aLii dl-~ed..
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