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<br />SHORT FORM' -
<br />Lean Nurnbec__10~81_ 1 66
<br />'PROPERTY 3MPROV£M ENT --' s..~~n-'---~ra~
<br />~A .FORM. No: 2f 1 IREV 12/80)-
<br />!lIRRR---II~~F444'
<br />REAI ESTATE ~a~t:'~'~A~
<br />3~NOW ALL'A9E1vT BY T3IESE'PRESEN'iS
<br />...THAT----Verna---~• McCoy,..-~rg~e--person-- ._.._..
<br />- hereinafter raked Aiortgagors, i_n con5ideratien of the sum of.'~'.SrA ~hQUS-and Sx_-rIundred.SiY. Inc ~C; ~~G
<br />($ 2,606'.50 ) DOLLARS, the-receipt of which is hereby acknowledged, do hereby... MORTGAGE
<br />and CONVEY an absolute title, 'including alt the rights of homestead and' inheritance; unto": FIRST
<br />`FEDERAL SAVIl~TGS AND LOAI~T ASSOCIATION OF LINCOLN; N=EBRASKA, hereinafter'-called
<br />Mortgagee; its successors and assigns, the: following described real estate, situatedm......Hall
<br />County, State of NE$RA~t_{A, to-wit:
<br />Lot 1, situated or, the East side of the East portion of Ruester's-Lake
<br />on a part of the East One-half of°the Southwest Quarter of Section 13,
<br />Township, 31 Ndrth, Range 9, West of the 6th',P.IwL, Ball County, Nebraska.
<br />TO HAVE A.ND TO HOLD the real. estate .above described•'w-ith all appurtenances thereunto
<br />belonging unto the said \Soztgagee, forever, provided: always, and this znozt~age is upon the express con-
<br />dition ghat-if the aforesaid Mortgagors, their:heirs, executors, administrators or assigns shall pay or cause
<br />to be paid o the`said 1Mortgagee, its successors or assigns, the cprincipal". sum' hereinabowe set #orth, all
<br />according to the `tenor and effect of-a certain installment note: of said Mortgagors:bearina even date ,--ith
<br />this mortgage, and shall: pay taxes and assessments levied upon said real estate;-and all other taxes, le~~ies
<br />and assessments leveed upon` this mortgage or the note which this mortgage is given to secure, before the
<br />-same or any ixtstallment thereof becomes delinquent,: then thi mortgage to be-void, otherwise to remain
<br />in full force.
<br />_ TT IS FLrRTHER AGREED (1) '^hat if the said Mortgagor shall fail to pay such taxes, the
<br />l4forLgagee may pay Lhe same and the sum so advanced r.•ith interest: shall lie paid by said Mortgagors,
<br />and this mortgage shall stand as security for the same. '(2) That, Mortgagors covenant with the il4ortgagee
<br />that they are lawfully seized of said- real estatz and covenant to warrant and defend the said real estate
<br />against the lawful daims of all persons whomsoever. (3) That in case of a foreclosure of s this na~rtgage,
<br />the plaintiff in such proceedings shall be entitled fa takepo ssession of the prernises, protect: the same and
<br />collect therrents, issues and profits tfiereoi- ,(4) That a failure o pay ang~, of said money ar any ,install-
<br />rnent thereof when the same becomes due, or a failure to comply with` any of the foregoing agreements,
<br />shall cause he whole suni of money herein secured: to become dae and collectible at once at the option of
<br />the I17ortgagee.
<br />TRANSFER OF THE P32©PERTY; ASSU.~3P1'30N: If all or any part of the Property-or an
<br />interest therein is sold or transferred by lviortgagor without 34ortgagee's prior written consc:nt,,excliiding
<br />• (a) the creation of a liemnr eneumbrance sut~orainate-to this Mortgage, (b) the craztion' of a purchase.
<br />fnoney security interest for-Household applianrvs, (c) a transfer'bydevise, des~:ent or by operation'of law
<br />upon the deatH of a joint tenant er {d) the grant of-any leasehold interest of three years or less not con-
<br />taining an option to purchase, Mortgagee may, at Mortgagee's option, declare all the sums'secured by this
<br />lvlortgage;to be immediately due and payable.
<br />If Mortgagee exercises such option- to accelerate, :4lortgagee shall mail ?t4ortgagor notice of.
<br />acceleration and. such notice shall; provide a period of not less f~han 3U days from the date the notice i5
<br />mailed ~sithin which Mortgagor may. pay the sums declared due. If Mortga,gar fails to pay such sums prior
<br />to the expirafaor. of such .period, Mot~.gagee may, without further notice or demand on Mortgagor, im eke
<br />U)e pow2rof :,ale ~.nd any other remedies permitted by applicable law.
<br />Signed this.__.J.Stk::day of..--.-September ,_ -4_ -.' i9 82
<br />:'Verna .7. McCoy ~'
<br />tiTATb C)F `1/BRA3KA1
<br />1311_. County. J} ~
<br />On tt is -._:_1i~h - dn}• of 'eP~vember __;-..., 29 a2~_ before me, the undersigned; a Notary F'ubtic, in ~:nd for
<br />L `% n~ .~ . w~Cn r. a s~ le er 'an
<br />said Coup ty• ;+crs,ulally ru_~c _- ±__~,-_ _. .. _.p_.~_.... ._ ,, .,. ... _ .:.. ... .. ... _. ...._
<br />~. , err ally }:,:ewer to me +,o tie lire identical P- ,ns :ahox. lames area$ised to ~e above and forego`xn~ ~n .rul;:rnt,.1~.
<br />~r,or ~;~ ,;;irs, a d ca cu ac.:.n n»leciged mid ins tn:mc~t w bF his o:.. her vole.-)tary act a.-~d deed... -
<br />V: itnr~ ~y }•~:',u and .:n,:. rsl seal z. .}PF .~ Isla r°IJTd { ...._...:. _...
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<br />17Y Ord f7Q, dl E>~ 1~ ,_ ,,, ; .,
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