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<br />SHORT FORM -- -
<br />PROPERTY IMPROVEMENT Loan Number__4~$!~~_____ __~_T____~
<br />r FOrtM'NO. 291 fRev. 12801
<br />_ REAL ESTATE MORTGAGE
<br />H2-- t j v `? ~ r,~ KNOW ALL MEN BY THESE PRESENTS
<br />THAT-..~Judith~~-Edd.:.}h-~Seckstram,--fo~exly.-laiowm-_as..Tudit].i--E.--WosLz~el..~d:.Roth~e3r--M....Berkstom,
<br />hereinafterWCi~ed~l4loi'tg g~rsain consideration of the sum of......."~'`..'-"'."':°
<br />.TT;~--~----t~i,2--lY~~:1RQ------- -------...--------------.-------
<br />($ )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 -OF LINCOLN, NEBRASKA, hereinafter milled
<br />Mortgagee, its successors and assigns, the.. following described real estate,. situated ill..._.:~y. ...-_:-....._
<br />County, State of NEBRASKA, to-wit: A tract of land coa>prising all'of Lots Nine (9) "and
<br />Eleven (11) Re-subdivision of'Bloclc Four (4) Second Addition to Holcclmb's Highway Homes,
<br />a subdivision in the'City of Grand Island, Ha11 County, Nebraska, excepting therefrom a
<br />portion of said Lot Eleven (lI) more particularly described as follows: Beginnrlg at.
<br />the Southwest Caroler of said'Lot Eleven (11) thence Northeasterly along the Northerly
<br />line of said Lot Eleven (11}, a distance of Seventy-one:and Five Tenths (71.5) 'feet;
<br />thence Southeasterly a distance of Forty-seven and Five Tenth (47:5) feet, to the
<br />Norttlraest Corner of said Lot Nine {9); thence Westerly along the Southerly line of said
<br />Lot Eleven (11) a distance of Eigtlty=six and Five Tenths (86.5) feet to".the place of
<br />be also excPpti'n~ therefrom a tract "See attached Exhibit A" '
<br />~ TO HAVE AND T(THOLD the real estate above described., with all appurtenances thereunto
<br />belonging unto the aid Mortgagee, forever, provided always, and this mortgage is upon the express con-
<br />dition that if the aforesaid Mortgago>s, their heirs, .executors, administrators or assigns hall 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 n certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay tales and assessments levied u~ppon said real estate; and all other taxes, levies
<br />and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />'same br any installment thereof becomes delinquent, then this mortgage to be void, othernise to remain
<br />in full force.
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor. shall fail to pay such'iaxes, the
<br />Mortgagee. may pay the same and the sum so advanced with r_terest shall be paid by .said Mortgagors,
<br />and this mortgage shall. stand as scarify for the same. (2) That Mortgagors covenant with ahe:Mortgagee
<br />that thegare awfully 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 :t foreclosure of this mortgage,
<br />the plaintiff in such proceedings shall be entitled to take ppoosession 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 he 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 creatio9r of a purchase
<br />money security interest for household appliances, (c) a transferby 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 les not cron-
<br />twining an option to purchases 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 pption o 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 vcnthin which Mortgagor may :pay the sums declared due. If Mortgagor fails to pay such sums prior
<br />t~-- the expiration of such period; Mortgagee may, without further notice or demand' on Mortgagor,,invoke
<br />the power: of sale and anp other .remedies permitted by applicable Iaw.
<br />Signed this------ - 1.8day of--- - ---- -J~~ ---•-_-- ------- -- -~------- lg _ $2
<br />.--~-- -
<br />th E. Becks/~rOm fo}T-merly known as Judi ~i~l
<br />STATE OF NEBRASKA ~ Rodney BeckstTOm
<br />-------- ->•:i3>wl--~ - -• ---County. as.
<br />On thin .......~;$.._......: daY of --.-.....Trs1e°...--- --. 19::....$$efore me, the undersigned, a Notary Public, in and #or
<br />Judith E. Beckstrcm, formerlykxlowol as Judith E. Wostrel and
<br />maid County, Personally came ..:~.~ M..-.$~~,~~ wa.fe-.mid;-~d-
<br />Y-
<br />Personally known tome to bathe ideatrcalpersons whosenamea aze affisedto the .above and foregoing: ,nstrument, as
<br />mortgagors:.andeachacknowledged saidirstrument::tobe his or her voluntaryacC and deed.
<br />s
<br />Witnessmy handandnotaria9.aea1 at ...._,psur~ri_..._..~L. .. t:~.~ ~} .....-~.~ .................... ...... ....... ._...........-.._._
<br />the. date last above written:
<br />OEaElbdlt MOriMr . ~Mr of -- ~ ~.?.-F~='-~ e :....._.. ~ ~ . ' . ~..~-
<br />_._.
<br />~a~.-..._. Notary Public. -.....
<br />My commission e:piree:-,.._... f?OP1N~.i..d~tEL..-__
<br />~54uiu. Ear. Oct Il; 1/06
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