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<br /> <br /> SH7JRT FORM <br />PROPERTY IMPROVEMENT <br /> FARM NC. 2tt 7Rev. 72180) <br />~2---~~~~~~~~. REAL ESTATE <br />Loan Number_49t+41t_--- _ 1 _-__ ,F,~' <br />-Breneh - Type <br />MURT+~AG <br />KNOW ALL MEN BY 'T'HESE PRESENTS <br />T`FIAT_Davi~ Kraf'ka and Cheri u..lLrafls;a, husband and wife; losntly and each in their <br />own r {g~~. <br />hereinafter ca1}ed Mortgagors, in consideration of the sum of_F4?i~ -,~,hotzsard ive ~andred Three and 251100 <br />(9i h,503.p5 )DOLLARS, the receipt of which is hereby acknowledged, do hereby bSORTGAGE <br />and CONVEY as absolute title, including all the rights of homestead and inheritance, tmto FIRST <br />FEDERAL SAVINGS AND LOAN ASSOCIATTOI~r OF LINCOLN, NEBRASISA, hereinafter called <br />Mortgagee, its successors and assigns, the fallowing described real estate, situated in.....~:Iall.-....-----•..°•--• <br />county, State at 1VEBRASKA, to-rrit: . <br />LA '. "•~12r -1 '_.. ~OCY ., Ce ',.Z% ~ ~e~;Sant V;'L P.W <br />Addition ~.c .,.~ .tzs c =rend 7aland Nall. C,'ounty, <br />2ebraska . . <br />TO HAVE AND TO HOLD the real estate above described. 7;•ith all appurtenances thereunto <br />btlongireg ttnto the said 'Mortgagee, forever. pgrovided always, and this mortgage is upon the express con- <br />diiaon that if the aforesaid tifartgaf;ors, their }teirs, c~secutors. ac}trtinistrators or assigns shall pay or cause <br />to be paid to the sail} l4iortgagee, its surres.~crrs or assigns, the principal sum hereina}wve set forth, all <br />according. to the tenor and efTecx of ~ certain installment Hate of said ~Ictrigagors l>caring even date with <br />this mortgage, and shah pay taxes and assesstmrnts levied upon sari reef estate, artcl all other taxes, levies <br />and assessments levied upon t}tis ntartgage nr the note which this mortgage i:~ Kiven to secure, before the <br />yams or any iatxkailment thes~cof }?ec~omes delinuuent, then this mortgage to be void, otherwise to remain <br />in Full force, <br />I'i' IS FCIRTfiI~R AGRFF EED t I) T"ltat if the sair; >iortgagur nhaA fail to pay such taxes, the <br />-Vortggaagee may pay the satrte and the sum sn advanced w.~itT9 interest shall he paid by said Mortgagors, <br />anti this mortgage shal3 stand as yrceerity for thr same. {^} 't`hat Mortgagors covenant with the Mortgagee <br />that they are awfully seized of said read estate and rove77ant to warrant and defend the said real estate <br />against the lawful rla'snzs of alT perspns whomsoever. (3} That in case of a foreclosure of this mortgage, <br />the plainti$ in such proeetclirags shall be enkitlyd to take potion of the premises, protect the same and <br />sx~lles:t the rents, issues and pradts thertaof, (1) 't'hat a failure to pay any of said money ar any install- <br />ment thereof where the same Ttecomes due, or a failure to comply w7tlt any eyf the foregoing agreements, <br />shalt cause the whole sum of money herein saecur~} tte be,rome due and coller_tible at once at the option of <br />the. ~tortgaget:. <br />TRANSFER OF THE PROPI~RTY; A''~.sl; iPTION. Tf all or any }:)art of the Property ar an <br />intmt~est tlxercin iy sold or trans#erred };~^ Mortgagor without Mottigagee's prior written consent, excluding <br />Ca} the creaation of a lien or encumbrance xubor+tiirats to this 141ortgage, tb} the creation of a purchase <br />neoney seeurity mterest for household appliances;, (c} a transfer by devise, descent or by operation of law <br />upon the deatdt of a Saint tenant pr t'd) the grant of any leasehold intexest of three years or less Hat eon- <br />tatrting an opt5on to purchase, Mortgagee may, at l4iortgagee s option, declare all the sums secured by this <br />Mortgage to be immediately due,and paya%sle. <br />If Mortgagee. exeaxises such optinn to atx~xlerate, Mortgag€,a :;hall mail Mortgagor notice of <br />acceleration and stick rtotice shall provtde a period of not Less than .3t) des from the date 'the notice i9 <br />mailed within which Mortgagor nta5- pay the sums ~}ec}arr~cl due. T# Mortgagor. fails t~:- pay such sum€~ prior <br />to the expiration of such period, Mortgagee may, without further notice ar demand on Mortgagor, invoke <br />the power of sale and any Tither remedaes permitted by app&cablt; ]aw. <br />Signed tTiis...%tl?...... Say of..._ ...:'~s.'~.?;'- ...................... ..-.... --._., 1S_..a'~..... <br />,. <br />... .... ..... <br />~~ ~/ ~~ 1 <br />STA"lEE f)F ?vEBR15KA ._ < ~\; <br />Oa::3)ss f_.•._.~?._..,..... daY of .,....~i.~.=" .?. _..,_...__. ., lf~•~... rxl~re mc, the 7urdarsz%ned, a Notary Publec. in and for <br />,.,:r} Couesr;~. tx:vnnaity came ...._~aV a-I4ratke. en.Q Che 1 ~Sa°.:, ~-,XS..C..ti~ rd a'.°_ <br />[wr+on3i[y dn~wn to me to lea t3te idenfacrtl persona w$t,~ names are afftxed to the above and fUregaxng mstrnment, as <br />mor.e;,gor5, and r:aca. ~cckaow{edged said 5nstrument W be hip ar fier raturatarY :ict and deed. <br />r .an a ~- a <br />Witnemm my h~~,7tt and uotarEatapal aR......._. 2X".~~.._~,.W ~~ a`sr.. <br />the iecr ;ut ~'a *~rittFi,. ...~ ........,. ......__.. . ............ <br />tf"t~w~~ ........_.._..~. <br />tity ,:r.miv,~,n ©tepir9tl. 'A f?. 91'Otf _..._'votB.ry Pulalac. <br />