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<br />82 --t) 04 ~3~i4
<br />SHORT FORM
<br />r~~~`~ ~ PROPERTY IMPROVEMENT Loan Number__~].Q2Lk___ _91^_+_.{~r9w
<br />- ^rirf`!1)J•/ FORM NO. 271 fREV. 121801
<br />r YYiiRR..V~.~~
<br />REAL ESTATE MORTGAGE
<br />KNOVY ALL MEN BY THESE PRESENTS
<br />THAT...-°-.......Nlanaxt.E...kY7g7.~,...a.marsi.ed.person.------ --• ................ ...~--••--•-•--..............-•--------•------.....
<br />hereinafter called Mortgagors, in consideration of the sum of _..~T~..1=~tOUfl~3ld..th7:ee.3nd.25/10U--=-
<br />($g Opg_ 2g )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 LINCOLAT, NEBRASKA, hereinafter called
<br />Mortgagee, its successors and assigns, the following described real estate, situated in.-...Rg}1 .....................
<br />County, State of NEBRASKA, to-wit:
<br />Lot 48, Buertavista Subdivision, an Addititm to the City of Grand Island,
<br />Hall Catnty, Nebraska.
<br />TO HAVE AI4D TO HOLD the real estate above described, «ith all appurtenances thereunto
<br />belonging unto the said 1~4ortgagee, forever, provided always, and this mortgage is upon the express con-
<br />dition that if the aforesaid Mortgagors, their heirs, executors. administrators or assigns shall 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 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 or 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, othenczse to remain
<br />in full force.
<br />IT IS FURTHER AGREED (I) That if the said 94ortgagor shall fail to pay such taxes, the
<br />Mortgagee may pay the same and the sum so advanced with interest shall be paid by said Mortgagors,
<br />and this mortgage shall stand as security for the same. (2) That biorigagors covenant Rath 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 possession 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 instaIl-
<br />ment thereof when the same becomes due, or a failure to comply with any of the foregoing agreements,
<br />shall cause the whole sum of money herein secured to become due and collectible at once at the option of
<br />the 1.lortgagee.
<br />TRAA'SFER OF THE PROPERTY; ASSUD4PTI0?Q. If all or any part of the Property or an
<br />interest therein is sold or transferred by Mortgagor Riihout \lortgagee's prior fvritten consent, excluding
<br />(a) the creation of a lien or encumbrance subordinate to this lllorigage, (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 fhe death of a joint tenant or (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, 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 ?~ortgagor 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 within which 14ortgagor may pay the sums declared due. If Mortgagor fails to pay such soma prior
<br />to the expiration of such penod, Mortgagee may, without further notice or demand on Mortgagor, invoke
<br />the power of sale and any other remedies permitted by applicable law.
<br />Signed this.-.14..__...day of - N-°ye?obes.-- ---•----- . _...-...__..-.......- 1~~- - - 82
<br />STATE OF NEBRASKA }
<br />_...._..._ ............._Cour~ty. l} as
<br />- - On-this -__..._.I.Q_..-.. daY ~ -~~--......~.~..., 1S-_ $26efore me, the undersigned, a Notary Publiq in and for
<br />'said County, 7xrwna3lY: Mme ._... ._..._----~T3.flEI EfiO~-....._ ._ _
<br />rr77 ~~,oO}}p~~ ................_..._.......
<br />pErsonaily known to me fo be the? eIcA1 ~l~su%i'WBm~ are rfCtaed to a alwve gaud g inairrunent, es
<br />mnrigaYora, and each ac7uiow7edged said instrument to 7m his ar her vuluntaxy act and deed
<br />u'ttness my twnd and-notarial seal at.......~'.at.)d Zslandz _Nebraska
<br />t7±s data lsrt abavt writtan. ~ _... .
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