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<br />UNCOlN
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<br />REAL
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<br />ESTATE
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<br />Loan Number 61143 - 1 - 60
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<br />84- 00546:3
<br />MOR TGAGE
<br />
<br />SHORT FORM
<br />PROPERTY IMPROVEMENT
<br />
<br />FORM No, 211 (REV. 121801
<br />
<br />KNOW ALL MEN BY THESE PRESENTS
<br />
<br />THA T...__..,...~~~~'::..~_._~~~..'.,.~E.:...~9.:.<:.~~~.~_J?~~~!...!!~~~.r:~__~..~~.~~.._...m....'_..,......_,_.._._._
<br />hereinafter called Mortgagors, in consideration of the sum of...................,........,.......................,.............._"_'_
<br />
<br />__!~:tJ~:?_.1'E.~:;:~~.,?h'\(..~~::~..,~-,.~,-13~{J,QQ::::_:--:--:-::::::::===.7:'.::::::::::::::::::::::::::=:::=::
<br />
<br />. ($ 22 602 85 ) DOLLARS, the receipt of which is herehy 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, NEBRASF.A, hereinafter called
<br />Mortgagee, its successors and assign,s, the following described real estate, situated in.__...~l__.__._..,.._
<br />County, State of NEBRASKA, to-v.'Jt:
<br />
<br />Lot One Hrmdred Five (1051 West Lawn Addition to the City of Gra.'1d Island,
<br />Hall 'cormty, Nebraska
<br />
<br />TO HA VB AND TO HOLD the real estate above described, with ail 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, executors, administrators or as~igns shall payor cause
<br />to be paid to the said Mortgagee, its succes;;or.s or assigns, the prin.cipal sum hereinal:ove set forth, .all
<br />according to the tenor and effect of a certain mstallment note of Sald Mortgagors beanng even date WIth
<br />this mortgage, and shall pay ~es and assessments levied .upon ~aid real es~te, ,and all other taxes, levies
<br />and assessments levied upon this mortgage or the note which thIS mortgage IS glVen to secure, before the
<br />same or any inst<lllrnent thereof becomes delinquent, then this mortgage to be void, otherwise to remain
<br />L.11 full force.
<br />
<br />IT IS FURTHER AGREED (I) That jf the said Mortgagor 5}-lall fall to pay su::h taxes,me
<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 o! said real estate and covenant to .warrant and defend the sai4 real estate
<br />against. t1:e l,awful chums of, ail persons wh~msoever. (3) That !n case of a for!,!closure of this mortgage~
<br />the plamhff m such proceedmgs shall be entltled to take p<?ssesslOn of the preInlses, protect the same ana
<br />collect the rents, issues and profits thereof. (4) That a failure to pay any of said money or any inst.al1-
<br />ment thereof when the same becomes due, or a failure to comply \vith 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 'fHE PROPERT'~{; ASSUI,1PTIOt':.. If an or CL"1Y part of the P:ronQrtu or an
<br />int.erest t}lerein is sold or transferred by Mortgagor without Mortgagee's prior written consent:'"'e:i'cluding
<br />(a) t.he crea~ion. of a lien or encumbrance s~bordinate to this Mortgag;;, (b) the creation of a purchase
<br />money secunty mterest. for household apphances, (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 secured by this
<br />Mortgage to be immediat"ly due and payable.
<br />
<br />If Mortgllgee' exercises such option to accelerate, Mortgagee shall mail Mortgagor notice 'of
<br />acceleration and such nooce shall provide a period of not less than 30 days from the date the notice is
<br />mailed ,,~t~in .which Mortgng.or may pay the SWTIS ~edared due. If M?rtgagor fails to pay such sums prior
<br />to the e>:plratlOn of fouch p€Dod, Mortgagee may, \\1thout. furthp.r not.lce or' demand 00 1\'l'or1.&.,agor invoke
<br />the power of sale and any other remedies pennitted by applicable law. '
<br />
<br />STATE OF NEBRASKA
<br />_...,____,.. _,__,tiiall_. ..... County.
<br />
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<br />_..._,.....Oct..Q~_............., 19JH.......~.
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<br />Signed this.. .___12thoay oj
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<br />Qn tha ___J..2.t.h...... day of _.._.._.._.._Clc:J:.ol:let:.~ 19.8.4,. belore me, th. under>i:ned, a Nota.'>, Public. in and for
<br />. '
<br />
<br />uid County, penonaUy ow>e ,~'\l.li:m._C...~_.JL_ ,alld..Cynt'h i" P9-,j:J.}~J..1!!J~.._ar1f;'L!:!ife ...___ ....
<br />peu-onally }.nown to we to he the identic.-a1 penon.!. wbose nBme.s are a.ffi..Ied to the ahove and 1orc..:oinJ:: inslrump~t. -~
<br />mortcacon. and ,.ach 8cknowledeed said instn.uDent t.o k his or heT ,'olunt..ary ad and dt-'t>d.
<br />
<br />\VitnM.t my hand and nolari.l ~al aL__
<br />th~ d=t,. !ad .shove wJitten.
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<br />N(lt~Q' P;;l.li~-
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