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<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 fR<v, 121801
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<br />Loan Number __~Q~~~____=__J,,___-=-___~Q.
<br />8'II~ch lyp"
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<br />REAL
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<br />FSTATE
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<br />MORTGAGh
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<br />KNOW ALL 1\1EN BY THESE PRESENTS
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<br />84..-
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<br />004370
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<br />THA T.__AI:J,9!!:.,C::!...!?,~YJ}~L.,J};'.:...?ng...9m~..r.~...,busband..and.!od.fe.,,--,,-......,.....................'....,----
<br />
<br />hereinafter called Mortgagors, in consideration of the sum oL........,.....,......................_.............,.,.,..,.....__,._
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<br />_S~,.,~QY~"~.,ij\lliDRED..EIGl:lTY.,:rw::l.,AIID..7.2tl00...,.,.,.._.._.....,.".................,.....'.'..,.......,...'.....
<br />
<br />($17,382.72 ) DOLLARS, the receipt of which is hereby acJrnowledged, 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 assign,s, the following described real estate, situated in......,~.1.,..................,.
<br />County, State of l'I"EBRASKA, to'Wlt:
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<br />Lot. One Hundred Five (105), West Lawn, an Addition to the City of
<br />(',rand Island, Hall County, Nebraska.
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<br />TO HAVE AND TO HOLD the real estate above described, ,,~th all appurtenances thereunto
<br />belonging u!lto the said ,Mortgagee, foreve~, pr,;,vided always, and. i~is mortgage is. upon the express con-
<br />dition that If the aforesBJd Mortgagors, theIr heIrs, e.ecutors, admmlstrators 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 bealing even date with
<br />(his mortgage and shall pay taxes and assessments levied upon sajd real estate, and all other wes, levies
<br />and assessme~ts levied upon this murtgage or the note which this mortgage is given to secure, be/ore the
<br />saIne or any insialhnent. th2rf..""Of hecomes (Jelinquent~ fhen thjs IDorlgage 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 faJ:es, the
<br />Mortgagee may pay the ,ame and the sum so advanced with interest shall be paid by said Mortgagors,
<br />and this mortgage shall st.and as security for t.he same, (2) That 1\lort.gagors covenant with the Mortgagee
<br />that they are lawftllly seized of said real est.ate and covenant to warrant and defend the said real est.ate
<br />against the lawful claims 01 all persons whomsuever, (3) That in case of a foreclosure of this mortgage,
<br />the nlaintiff in such proct"edings shall be entitled to t-ahe fX}sscssion of the premises, prot.ect the same and
<br />col1:ct the rents, issues and protlts thereof. (4) Tl)at a failure to pay any of said money or any install-
<br />ment lhereof when the same becumes due, ur a failure to comply with any of the foregoing agreements,
<br />shall caUse the ,,;,'hole sum (if money herein ::.ecllJed 10 ht'(:OIne due and collf'(-::tible at once at the option of
<br />the Mortgagee,
<br />
<br />TRANSFER OF THE PHOPERTY; ASSUMPTION. If all or any oart of the Property or an
<br />interest there.in is sok~ or -fransfelTt'd by J\1ort,gal;or without. Jviort.gagee's pIior written ~onsentJ €:ic1uding
<br />(a) the creatIOn of a lien or encumbrance subordlllate j.o tlllS Morl!~age, (b) the creation of a purchase
<br />money security interest for household appliances, (c) a tr'aIlsfer by devise. descent ur by uperation of law
<br />upon the death of a joint tenant or (d) the grallt of any lea;,ehoJd inlerest of three years or Jess not con-
<br />t<lining an optjon to purchase, Mortgagee may, at Mortgagee's option, d('Clare all the sums -"'Curoo by this
<br />Mortgage to be immedi,ately due and payable.
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<br />,If Morlg.gee (,l~'rci,es such option to, ,,('eeJeraLe, Mort.gagee shall mail r-.-1orl.gagor notice of
<br />accelerallon and such nobce shall plOv"le a period 01 lIot less than :10 days from the date the noLiee is
<br />mailed within.which Mortgag.or may pay the sums dedaH,d due, If M,;,rtgagor fails t.o pay such sums prior
<br />to the elplratlOn of such penod, Mortgagee may, w]thout further not lee or demand on Modg,agor invoke
<br />the J.)()wer of sale and any other remedies IH:rrnitted by applicable law. J
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<br />Signed this.2.?XfL. day of
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<br />"'V"")-_
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<br />" 19.1;1.4.,."
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<br />Cy'ntJlia Payne I
<br />
<br />STATE OF NEBR.~SKA
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<br />On Hils ".,.~~~___..._ day of ..... .::~!91llit._~____"...,. 19)J:L before me. the u_lldt.'I'Si~ned.. B Nol.l..r)' PubliC'.. illlUld for
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<br />~id County. pf.'twnally came .JVJ..~:yl..\~..J~}~~Iw.....,_~)r..L. --ililJ....~'J.ltJ.liil~,L~:u:.~. _U\{;;.-Y:X\ll~l._\.U},L.l~...J.i.Q._
<br />pe,lI,onally \'tH,l-wT\ to lnt' to be thC' idt'ntic.a1 f'UlotHl..'\ wllOS4e nAme" ar-e ;<\1fiu~ to fhf! .Bl~n'e ~nd rOI(,.:<.,iI11 im..fltHllt'nt.,
<br />UJQd'~&:bn.. Alid t"JI'dl eckno,,\'lt"\ite-d !-<lid ills.hu.went to l>e hi" or Ill!! \"olu.llt.luy Itct ~nJ d"t.-d
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<br />\\'atrtt'-"J' my ,..,,<1 And OQLAd.l k"lJ lit
<br />the d..,,, lMt ..htl\'t wnBrn.
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