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SHORT FORM -_ _ _- <br />!~~-e E°R®PERTY IMPROVEMENT Loan Number__i±Qi±6~_____ Beth __6 ~. <br />^ ~f1o~ FORM NO. PI I '(REV. 12180) ''' <br />ii..~877~~ii ~L11L LV 11A~id l~iV i~~dJ18 V~. <br />$Z ° i) G ~ 5 3 2 KNOW ALL MEN BY THESE PRESENTS <br />THAT._doward.~-,, fizssetL,_ard-_D~Ann, L._ Hasset~1 husband--and wife, -aointl~-and-each in <br />- ~ -~ - _ ~ - their own right, <br />hereinafter called Mortgagors, in consideration of the sum of..S~?j';N_T;iQUSAND, TI~~EE ANL) 2~,~'100,-•-•-. <br />($ 7,3.25 }DOLLARS, the receipt of whioh 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 A~TVD LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called <br />Mortgagee, its successors and assigns, the following described real estate, situated in_--.-.kla~.l.--....._.---••---.. <br />County, State of iVE:BRASKA, tc-wit: <br />Lot Eight {8), Westwood ?ark Subdivision, Hall County, <br />Plebraska , <br />TO HAVE AND TO HOLD the real estate above described, with all appurtenaztces 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 hens, executors, administrators or assigns shallpay or cause <br />to be paid to the said Mortgagee, its successors or assigns, the principal sum horeinabove set forth, sill <br />according to the tenor aad 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 tales, levies <br />and assessments levied upon this mortgage ar 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 AGREEA (1) That if the said Mortgagor shall fail to gay such taxes, the <br />Martg~gee may pay the same and the sum so advanced with interest shall be paid by said Mortgagors; <br />and this mortgage shall stand as securty for the same.. (2} That N4ortgagors covenant with the Mortgagee <br />that they 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 ppoossession of the premises, protect the same and <br />collect the rents, fissues 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 whale sum of money herein secured to become due and collectible at once at the option of <br />the Mortgagee. <br />TRANSFER OF THE PROPERTY; ;SSUMPTION. 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 }easehoid interest of three years or less not con- <br />taining an option to purchase, Mortgagee may, at Mortgagee's option, declaze 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 native shall provide a period of not less than 30 days fro=n the date the notice is <br />mailed within which Mortgagor may pay the loins declared. due. If Mortgagor. fails to pay such sums prior <br />w the expiration of such period, Mortgagee may, without further notice or demand an Mortgagor, invoke <br />the power of sale and any other remedies permitted by applicable law, <br />Signed this...l?ltl:3....day of ............. ... ApriZ---------. _..-...------•-°------ - -•---•--........, 19..2---... <br />r :iasse „r- <br />---~ :7L?.v.....:... ----°. ........--- <br />DeAnn L hassett <br />STATE. OF NE13RR9KeL <br />On tb3a. _._.:24~.... day of ......_,fS,~TX:~„~_..._...._., I9.~.2.. before me, the undersigned, a Notary Public, in and for <br />said. County, peraoaafly came ..... Howard^D.._rIassett .andF ~eAnn,.Le.-,HG.ssett,__huuband and wife <br />pereonallY known to me to be the identical persons whose names are affized to the above and foregoing instrument, as <br />mortgagors,. and each acknowledged said instramenttA be his or her voluntary act and deed. <br />Witness :ny hand. and notarial seal at ........-. ,~r3nd Island n3eara ~a <br />)ha date Iftat above writteai .....-. <br />6F11fRRl lIi1TA1l~ ~1l ml (lllra101i <br />_.~ ' i:ea ~ f4&t ~ Notary 1'u'vhc <br />SY cemirreiv_rien ezpfres. .a. -.-.~..._.-.-. <br />