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<br />SHORT FORM Loan Number___ 42305 - 1 - 50 <br />PROPERTY IMPROVEMENT ""'enaen"'"iyi:i <br />RORM No. 2t i tE2sv. 71771 <br />REAI, ESTATE MORTGAGE <br />?s-- :~ t ~ 4 S'73 <br />KNOW ALL MEN BY THESE PRESENTS <br />~AT•Pascital R: McPhillips_and_Janis_E:_ McPhiLlipsw husband-_and wife, jo~~~~y---~pd•._ <br />each in their own right, <br />hereinafter caIled Mortgagors, in consideration of the at;m ofFOURTEEN THOUSAND FOUR HUNDRED EIGHTY <br />ONE AND 61/l~a-.----------_---_---------------------------.-------------------~~-~rcr.. ~-c <br />($ 14 , 4 S 1.61 )DOLLARS, the receipt of which ix hereby acknowledged, da hereby MORTGAGE <br />and CONVEY an absolute title, including all the rights of homestead and inheritance, unto FIRST <br />~ar~nwr eei~r*In_e wish rna7,7 w~~.^7eTTnN AF TSNfY]T.N NF.RRA4KA. h~naftffi called <br />Mortgagee, its supra and assigns, the following described real estate, situated in.....-•--••--•• .Hall <br />County, State of NEBRASKA, to-wit: <br />Lot Twenty {2U) in $uenavista Subdivision, of apart of Lhe Northwest Quarter {NW'ly) <br />of Section Twenty-Two (22), Tovnship Eleven (11) North, Range Nine {9), West of <br />the 6th P.H., and being in the city of Grand Island, Hall Count} Nebraska <br />TO HAVE AND TO HOLD the real estate above deeaibed, with alt ap¢urteasnces thereunto <br />belonging Hato i~ said Mortgagee, forever, always, and this mortgage is upon the express con- <br />dition that if the aforesaid Mortgagors, their ~ezecvtors. administrators or as:,igns shall pay or cause <br />to be paid to the said Mortgagee, its anoceasots or assigns, the pnnctpal sum bereinabove set forth, all <br />sfag to the tenor and effect of a cer#tin installment note of said Aiort~agors bring eves date with <br />this mortgage, and shall pay fazes and asoee®enta levied u said real estsite, and all other taxes, levies <br />sad aase~nents levied apon this mortgage ar the note which this mortgage ie given to secure, before the <br />Tama or any installment thereof becs>r~ deliagrt~t, then this afortgage to be void, otherwise to remain <br />at faIl fotre. <br />IT' IS FURTHER AGREED { 1) That if the said Mortgagor shelf fail to ~1ay such fazes, the <br />~y Pay the same and thr• sum so advanced with interest shall be paid by said Mortgagors, <br />s~mor~a~e shall stand as eecltn for the same. (3) That '14ortgagora ~ceasnt with the Mortgagee <br />that theq aze lawfiilfy seized of said leaf estate sad covenant to rearrant and defend tlse said real estate <br />sit t}1e lavrittl claims of all persons wt7omeoec~. t3) That in case of a foredosnre of #hia mortgage, <br />the }tssaii$ in such prooeedinga shall be entitled to take of the premises, Protect ttte same and <br />resent theseo# when the same b~ecnmea dire, ca4s failate tnw~i#h meant oof ~ fmoo~in r any install- <br />:~ cause the whom sum of nx~y herein ae~ised to l~m~e pld~y and cnllectil~e at o~ t t ~~~ <br />option a. <br />the Ddfaatga~e. , <br />--=-~-----may °f- -~ ~r <br />, i ,-, r <br />-- --- <br />~~ ~~chal R~hi~l`~~ ` ~ .- -- <br />Janis E. HcPhillips <br />SPATS 4F NESRASHA <br />AaTl a <br />y <br />On fhi ./.l( deb of t9..~~.~ bdaae me, the w~dea~ICaed, s Notary Prhiia. in and [~ <br />~~ P~ ate Paschal R. HcPhillips and Janie E. McPhill~s,•husband and wife, <br />peeseaa~ Icaaara to me tr he the ideebie7d Pm~ where names are at$xad to the above and foregoing Inetrameat, ae <br />aostaagse, ®d ercb admowledyad raid iestrsment to be his or ~ vahbstary act and Seed <br />Grand Island, Nebraska <br />Wi6ras» hand sad mStrial seat at.___..._..~-. ...-------------------.--------------.-------•---•---- <br />the date hid abersa written. ~^ <br />a/ ~. °s <br />,trtr..w+c.r-~.nwa.ae.±m ._.._.._~?~~'~-x,<-_..=.>-_..-.:r_~_.ct:{-~:~:~_._ <br />eort7aE s eiu.as xotars Pnhlic <br />~ ~ esFins--•.l ~j~eaaa ~ nee t 1, irai <br />