|
<br />ShiORT FORM '-
<br />~ Loan Number_~4243________ ~ --_-~._.
<br />t~T~•°-~~~~fff ~~jA PROPERTY 6MPROVEMENT 9'•^~" 7P'
<br />«`~ _~ L ~1 FoRnt No.217 1REV, t2t80t
<br />r IW i1+17L1~
<br />REAL ESTATE MQ~TGACiE
<br />KNOW: ALL MEN BY THESE PRESEI4^I'S
<br />TAT Kenneth, J:,. Ma1y.,and Mar],eng._A;._ Mal~,_.husband and wife,, jointly and each in_ their
<br />own :right
<br />hereinafter called Mortgagors, in consideration of the sum of.S~,.THOt7SAND__r~IG1IT..HUI~~TDRED__ANI1, P10,/100
<br />($ 6,800.00 ) DOhI.~RS, 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 caL'ed
<br />Mortgagee, its successors and. assigns;, the foIIOwing described Teal estate, situated in Hall. :_. _,_____,
<br />Gourity; State of NEBRASkA, to-wit:
<br />`Lot Thirteen (13) in Wetzel's Subdivision located on the %ast Six and Qne-Half
<br />...,.,, - n u~~f f~12~} _acxes_s~f the East Twenty-Three
<br />l~ozl acres of-the ~;c~~ Tw~~vo ~~".:-.. ... ----- - -
<br />(E23)'acres of the Southeast Quarter of the Southeast ~uarter(SE;S~,---) of Section
<br />11 in Township 11 North, Range.:? West of the 6th P.M. in Hall County, Pdebraska.
<br />TO HAVE- .AIQD TO HOLD the real estate above described. Gviih all appurtenances thereunto
<br />belonging.: unto the said 'l~lortgagee, forever, provided: always, and this mortgage is upon the exptess con-
<br />dition that if the aforesaid'Mort.gagors,, their heirs; executars;'administrators orassigns shall-pay or cause
<br />to be paid o the said Mortgagee; its successors or assigns, the principal `sum hereinabove set forth, all
<br />ai:cording to the tenor and effect of a certain installment note of said Mortgagors bearing even date with
<br />ibis"mortgage, and ha]I,pay taxes and assessments levied upon said real estate, and all other taxes, levies
<br />and assessments levied :upon this.. mortgage oi• the note which his mortgage is given t.o secure, .before the
<br />same or any installment thereof: becomes delinquent, ther. this mortgage to be void, othertivise -to remain
<br />in'ftdl' force.
<br />IT IS FURTHERAGREED; (1) That if the saiv ~7ortgagor shall fail o pay such axes, the
<br />'.~3ortgagee may pay 'the same and the. sum so advanced vrith interest' shall ba, paid by said Mortgagors,
<br />and this mortgage shall stand as security for the same. {2} 'P}aat i4lortgagors covenant x•ith the ~4ortgagee
<br />that they are 1.awfulh• seized of said real estate and covenant io 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 he entitled to take possession of the premises,' protect the same and
<br />rn}lect the rents; 9ssues and profits thereof. (4) That a farlure to pay any of said" money or an}: install-
<br />went thereof x*hen the same becomes due, or a #auure 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; ASSU~TPTION. 3f all or-any part: of the Property or an
<br />~nierrst therein is sold or ransferred'bq Mortgagor iF~thout ivlortgagee's prior written consent, excluding
<br />ta) .he creation ofa lien or-encumbrance subordinate to this Tfortgage; fb) the creation of a purchase
<br />mone_c secuiit~- inteiest for household appliances, (c)-a iransferby de~~se; descent or by operation of law
<br />upon the death of a;joint tenant or (d) the grant of any I< :,>Id interest of three years°or Less not con-
<br />iaSning an optinnto purchase; Mortgagee may, at Mortgagee's option, declare all the sums secured by this
<br />\1ort,age to be iu~mediately~due and payable.
<br />If Zlorteagee exercises such option to accelerate, ~'forigageehall mail Mortgagor. notice of
<br />acceleration and such notice shall providea period of not less than 30 days from the date the notice is
<br />rnailE+d wiinin «hirh Mortgagor may pay the sums declared duo. If Mortgagor fails to pay. such sums prior
<br />to tht e~rir~t;on of =uch period, Mortgagee mav, without further notice pr demand: on Mortgagor, invoke
<br />the r~u•ier o -ale an~i w: } other remedies permitted by applicable law.
<br />c{g~.ed this- ?rth.....:day of:-.::.~~s~-.- --.-• 79 82
<br />"°ge to T 1KaIy ~ ,
<br />1
<br />'-Nlar ene
<br />ST.ti FE OF ':6BtZA.S KA
<br />~. ~•
<br />On 4 ~. -..4th.__:_._'day of, ~~15t .._.._...... IS.~~.2.. before me, the vndeisigned,..a Notary Public,.in and: for
<br />L ~ :mot>, t>xII,, rarae ..lS~X12~trtt;_..J...I~~Y...g}?d b!~d;t:~~z1e..I1 . k~~?.Y.a...nt>< b~nc and wile ..............
<br />,~-r usialiy kn r. fu ~z~e W he the rdenhcal.~ersons w2icu~ nam:s are af1'ised to Lhe. above. and fureyoing instrument, av.
<br />r~,,, ~agocs., and .a^4 a,~Senox•Tedged arid- insErurnenttb. ]Se. }xis cr her voIutrtary aaf an3 deed:
<br />FC't:"_: iiiyh:ai~5l at:d rotnrialst~al-nt....___.,Gz'uXill...I:S.Ia~G-+..',r~besk~.{i.. .............. ..._,_...._.. .._,_...___._.....
<br />the atate last.. v`sre *,'dttpn. ~~.~~: ~
<br />
|