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$2~ i~l`i(9~~5 <br />,;~, SHORT FORM 4g1 - 1 50 <br />`'~ PROPERTY fMPROVEMEPlT Loan Number---- ~-------e.-,e~n-'__"_5rrw <br />FORM No. 21 9 <Rrv. t 21601 <br />REAL ESTATE M®RTGAGE <br />KNOW ALL MEN BY THESE PRESENTS <br />THAT.."dward_it,:„WOita-.and--Mar_tha-M._Woita1.-_husband-a_nd wife 4ointl~ an$.each in_their <br />own right, <br />hereinafter called Mortgagors, in consideration of the sum of~~.'J".11-ouS-gna_?~lvg.,~unar~d-.~)~ee-.~r~a. 25/Loo <br />t$ b 5O 2 )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 OI' LINCOLN, NEBRASKA, hereinafter called <br />Mortgagee, its successors and assigns, the following described real estate, situated in_-_-_-Hall <br />County, State of NEBRASKA, to-wit: <br />Lot 2 of Northwest Subdivision comprising apart of the iorthwest <br />6;uarter (NWL) of the Northwest :,carter (N41,i-,) of Section l2, Township <br />71 North, Range 10, West o` the 6th p.Al., Hall County, Nebraska. <br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances thereunto <br />belonging unto the said Mortgagee, forever, provided always, and this mortgage is upon the espress con- <br />dition that if the aforesaid Mortgagors, their heirs, executors, administrators or assigns shall pay 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 lases and assessments levied upon said real estate, and all other uses, 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 force. <br />IT IS FURTHER AGREED (1} That if the said Mortgagoa 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 I~iortgagors, <br />and this mortgage shall stand as security for the same. (2) That Mortgagars covenant with the Mortgagee <br />that they axe lawfully seized of said real estate and covenant to wart utt 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 shaIl be entitled to take possession of the premises, 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 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 />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 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 ron- <br />taining an option to purchase, Mortgagee may, at Mortgagee's option, declare all the sums secured by this <br />Mortgage to be immediately due and payable. <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 the notice is <br />mailed within which 1Vlortgagor 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 Ibiortgagor, invoke <br />the power of sale and any other remedies permitted by applicable law. <br />Signed this- l~tn----day of_-.-.-.~~bruary. - ................-•------..-__...-...--..........._.,/1~9..a?.-.-.. <br />..-... <br />$dwa}'d R. Woita , <br />hfartha M. kTOita <br />STATE OF NEBRASKA <br />ss_ <br />..-....-.._.._~gJ.~.._..--... -County, <br />On this .--..~,.~t~-....... day of .........I:ebruas'v 19 ~?.. before me, the undersigned, a Notary 1'ubliq in and for <br />.said County, pei•sunalfy came ..-:~dg~r~-.F..--,&(Qjta-and_i~lartha-~I,..,'±doita,--hula°~3 ;nd wifie <br />peraonaFly known to me to be the identical persona whose names are n®aed Yo the rabave and foregoing instrument, as <br />caortgagora, and oach acknowledged said instrument m be his ar her voluntary act and. deed <br />C'Fffic~ my hand and notarial leaf at.... ... -...._~S,if;..: ~'i341a.. ~~bf'--h:?ts'•.. <br />Etna a3ut+s ta>}! above written. <br />'stv :,x=rnn:.ieraixxn rapines. . y~p~~,~,Rr.1L~ Notasy F'ubLia <br />