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<br />UNCOLN
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 fREV. 12180)
<br />
<br />loan Number
<br />--------------i~~;-----~~
<br />
<br />60991 - 1
<br />
<br />- 60
<br />
<br />REAL
<br />
<br />ESTATE
<br />
<br />B4 -00540:3
<br />MOR TGAGE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THATm..__..!?~~~g.~'m?.:p~~.~4-.~1-,Y!L~fgr.,..B~~...~Ji~!~......__................__._......___
<br />
<br />hereinafter called Mortgagors, in consideration of the sum 'Of -_.....,........._.,.,......._...._........'___.m........._._...._____
<br />.~~~!l__~:?~~__~!g!!,~_,~~"~~!:Y:":~~_~_.,~__~~Lf:.Q.Q::::::::===_=.=.::::::==:::==:=:'
<br />
<br />($16 823.33 ) 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, herema..fter called
<br />Mortgagee, its successors and assigns, the following described real estate, situated in,.._Hall_._._....m___...._
<br />County, State of NEBRASKA, to-wit:
<br />
<br />Lot'J'l...o (2), Block Twenty-Five (25), in Wiese's Addition
<br />to the City of Grand Island, Hall County, Nebraska
<br />
<br />TO HAVE AND TO HOLD the ,cil estate _,'c,'e 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, eXL>Cutors, administrators or assigns shall pa)' or 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 secme, 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 eslate 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 ana
<br />collect the rents, \ssues and profits thereof. (4) That a failure to pay any of said money or any insl.all.
<br />ment thereof when the same becomes due, or a failure to comply with 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 />TRANSFER OF THE PROPERTY; ASSUMPTION, If all or any part of the Property or an
<br />interest t..'lerein ;s sold or transferred by Mortgagor wi(hout Mortgagee's prior written consent, excluding
<br />(8) the crea~ion. of a lien or encumbrance s:,bordinate to this MortgagE;, (b) the creation of a purchase
<br />money secunty mterest 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 seemed by this
<br />Mortgage to be immediately 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 tbe notit:e is
<br />mailed within which Mort.gagor may pay the sums declared due, If Mortgagor fails t.o pay such sums prior
<br />to the expiration of such period, Mortgagee may, without further notice or demand on Mortg,agor invoke
<br />toe power of sale and any other remedies pennitted by applicable law. '
<br />
<br />Signed th;s.__.lls.b... d~y at.d_
<br />
<br />.....~~~2~li:5-...._--
<br />
<br />STATE OF NEBRASKA
<br />_",,,_..,__.._.lla.l.l... .,,_., Coun ty,
<br />
<br />}~
<br />
<br />On this _____ll..!:.b..- day of -,___,_..~,~ J9_..a:lberor" me, the under;;gned. a NoLa.1)' Public, in and for
<br />
<br />",id Cou..,ty. p"rsor.:illy CUD" ....,__St.e...-en..G.c...5pencer.:...<uxLCar:olyn. Speni~'r ._.lll.\SbiIDi..il!1~L\.'U,f.sL..__._
<br />pt'HuH..ll)' };,l1u..':ii to nit" ~ be the identkal p€rSQfl.3 wbo5-e f'...!!m~-' ill'" affixed to tbe al)OVe and fore!::oin.r imlf\Um,'nl.. fiJ
<br />mprtc.aton,. a.Jld e..ch acknowled.ced said indnunent to be his Qr her \'olw1tary Hd alld dt:'ed. --
<br />
<br />\\'itn~! my h.aPtl and notarial !.oem aL,",_"_,_9!':~.~._;~.!~"L~~N.@~_~.K~._ ->t.
<br />.~ ,... 'w ...~ 'UU'~_._'-"l"- "~ "
<br />
<br />
<br />My <oonmi.,io" upi... ..... . _ _,c..::.~~Zl,._. - .w...,A.........-,..,
<br />
<br />___.,I..
<br />
<br />'N(\L<i';y .}'lhlic.~
<br />
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