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<br />UNCOI.N
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<br />84 _004125
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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 (REV. 12/eo>
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<br />Loan Number -}'}'}X!.--___=__.L__-:.JJ__,
<br />a,.nell t,.p.
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<br />REAL EST..A;o.TE
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<br />U{)>>Tr1A'.r1t(
<br />..... ... '-' .L" .L '-06 L ;L '-" J.j
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<br />KNOW ALL MEN BY THESE PRESENTS
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<br />THAT.....~,~g~.'?E.~...:-:::,..!.\~!:~!'!,~..,':.~~...~.':.~~};.!:...~:,..~.~!:.?!!...!:.'!,:'.?::.~.~"'~~~..:::.~.!~_'_..'..m.....'_._.._.._..........,
<br />hereinafter called Mortgagors, in consideration of the sum of ....Ign...Th9.!<:'i.'l1.'.l.~..f..:j.y.~..P.!?JJi!E!L.'l1.m!....5.Q.lloo~--
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<br />....--......... .........__.n...... .... On. ........ ................... .........u.........._.....__._____n.....__..._........._.._.._................_.._n_..._..............._......
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<br />($ 10fl!li..Sn. ) DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CUNYb'Y an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter cal1ed
<br />Mortgagee, its succes.-"01'l! and assigns, the fo!lowi.'lg described real estate, situated in...HaJ.l..,........_...........
<br />County, State of NEBRASKA, to-wit:
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<br />Lot 5, West Spelts-Schultz Addition to Grand Island, Hall County, NE
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<br />TO HA VE A~D TO EOLD the real estate alJove describOO, with all appurtenances tl..el'eunto
<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 fo~'?
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<br />IT IS FURTHER AGREED (1) That if the said ilfortgagor 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 profit> thereof. (4) That a failure to pay any of said money or any install.
<br />ment thereof when the same be..."Vmes due~ or .a failure to c-omply with lilly oj the ioregoing 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,
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<br />TRANSFER 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 hy 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 thia
<br />Mortgage to be immediately due and payable.
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<br />If Mortgagee exercises such option to accelerate, Mortgagee shall mail Mortgagor notice of
<br />accelelll.tion 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 sums declared due. If Mortgagor fails to pay such sums prior
<br />to the expiration of such period, Mortgagee may, without further notice or demand on Mortgagor, invoke
<br />the power of sale and any other remedies permitted by applicable law.
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<br />Signed this.....,lL,..,..day oL....~!:',~X...,.,...... ,......,.........................,.................,...,.., 19,~~,.......
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<br />STA~~~~~;:~::;:ty. } ~
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<br />On thia ,_..::~....._....... day of .._..:fl'!X.._....,_,...." I9.~~.. before me. the undersicned, a NoWly Public. in and for
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<br />~id Cow1ty~ penonaUy came .~-LL~~~L~~~._~~.:.__~:;'!:.?.~.~_.~.1.::.~~,~~:.:~...~_~<t. ..".J~:~:::,..~.~._.~.:..~.~:: ~:~~.~:'. ~.'_h"", _.._.._ _.._...__....._~.
<br />penollll1ly kno..... to me 10 be the identical pef1lWlll wh_ nam.. a... alIixed to the &hove and rorecoin& inalrumenl, ..
<br />morlp....... and ...ch aeknowledced said instrument 10 be his 'If her voluntary act and doed.
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<br />Witneta my hand and notarial Mal .L.~n.ut:~!.:ll..~tl~~~._:~~!.~.~~:~_~t~!__.
<br />the da~ leat abo.. written.
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