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<br />UNCOLN
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<br />SHORT FO~~ - 005600
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<br />PROPERTY IMPROVEMENT
<br />FORM No, 211 IR<v.12/80)
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<br />Loan Number 61218 - 1 - 60
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<br />REAL
<br />
<br />ESTATE
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<br />MORTGAGE
<br />
<br />KNOW ALL MEN BY 'FriESE PRESEl\TTS
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<br />
<br />THA T....._.......r..I@.+Y.ID_~~.~l,;im..g.nd.f1el.~n_K.~.Sper:L..i.m....Hus.baIxl..;mQ..Ni.f~...........-......-.--.--
<br />
<br />hereinafter called Mortgagors, in consideration of the sum oL................................................w......................_
<br />
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<br />($1lt.945.50 J DOLLARS. the receipt of which is hereby aclmowJedged, do hereby MORTGAGE
<br />and t;ONVEY an absolute title, including all the rights of homestead and inheritance, UI1W FIRST
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />
<br />Mortgagee, its successors and assigns, the following described real estate. situated in.....~.........._..._
<br />County, State of NEBRASKA. to.wit:
<br />
<br />Part of the Southeast Quarter of the Southeast Quarter (SE%SE%) of Section TWenty
<br />One (21), Township Eleven (11) North, Ran;fe Nine (9) West of the 6th P~M., Hall
<br />County, Nebraska cattlEl1cing at a point 495' West of t.he Southeast Corner of
<br />Section Twenty Ore (21), TcMnship Eleven (11) North, Ran;fe Nine (9); thence North
<br />165'; then,ce ~"est 66'; t.h.ence South 165'; the.TIce ":ast 66' to the point of beginning
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<br />TO HAVE AND TO HOLD the real estate above described. with all appurtenances thereunw
<br />belonging u!lto the said ,:Mortgagee. foreve~, pr?vided always. and. t'?is mortgage is, upon the express eon-
<br />dition that If tile aforesaJd Mortgagors, theIr heU'S, executono, adIDlnlstrators 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 M\::rtgagors bearing even date with
<br />this mortgage and shall pay taxes and assessments levied upon said real estate, and all other wes. levies
<br />and assessme~ts levied upon this mortgage or the note which this mortgage is given to secwe, before the
<br />same or any installment thereof becomes delinquent, then this mortgage to be void, otherwise w remain
<br />in full force.
<br />
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such wes, the
<br />Mortgagee may pay the same and the sum so advanced with interest shall be paid by said Morlgagms.
<br />and this mortgage shall stand as security for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that thev 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 prerruses. protect the same and
<br />collect the rents, issues and profits thereof. (4) That a failure to pay any of said money or any install-
<br />ment thereof when the same becomes due, or a failure to comply \vith any of the foregoing agreements.
<br />shall cause tbe 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 PHOPERTY; ASSUMPTJON. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor ,,'ithout Mortgagee's prior written consent, e:tcluding
<br />(a) the creation of a ]jen or encumbrance subordinate to this Mortgage, (b) the creation of a purchase
<br />money security interest 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 />t.aining an option to purchase, Mortgagee may, at Mortgagee's option, declare all the sums seewed by this
<br />Mortgage to be immediately due and payable.
<br />, ,
<br />If Mortgagee exercises such option to accelerate, Mortgagee shall mail Mort.gagor notice of
<br />acceleration 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 su.rns declared due, If Mortgagor fails to pay such sums prior
<br />t.o the expiration of such period, Mortgagee may, ,vithout further notice or demand on Mortg,agor invoke
<br />t.he power of sale and any other remedies permitted by applicable law. '
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<br />Signed this....:2.2.00,...day of......
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<br />..... ..........,......... Qc.taber,.............,. ... ] 9,a~......_
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<br />
<br />STA TE OF NEBRASKA
<br />.""..,.....,HalL...........,COunly.
<br />
<br />}~
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<br />On this ....22nd..._ day of ,.,......Qs:;,tOJ;gr_..... 19.!B.. berOle me, the wlder-signed, a Not.a.ry Public, in and for
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<br />""id County. personally cam~ .,.~1y.g....~~..E~.!~ffi,.~g.,.,fi~~~,.~~,-'?~f"1i,!}gLl:!1lp.P.a.-I}<l...~..J.Ig""...._
<br />pCHonally Known to me to be the identical persons whose name.' are afD::zed to the ahove and !ofcgoing in.'5trument. 8.'1
<br />mortgagors. and each nck.nowled,ged said instrument lo be his or her voluntary act and dt'ed..
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<br />\VHrH~~ my lHwd and ,Jlotarial ~al aL..._._Grar.:d..-Islaod.,_.Nebraska.
<br />the dal. last "bove Wd~
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<br />t.\y "'"urni',.un <>P.,.~~-:--~a.5"l ."f..,."..._....~...,..,._....:~,..,....,'
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<br />,.....~.._.~__u_.._.;""'. ..... ._. _ . _ "_
<br />N ot.'U)' Pui,lie.
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