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44880-I-50
<br />SHORT FORM 4.:880 1 - 50
<br />PPtOPERTY IMPROVEMENT Loan Number___________ _s_~~~^_____T~
<br />Foaur No. 211 (R[v. 11771
<br />REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS
<br />'I`flArli_Jeffre~_J___Stern-_and Cvnthia J. Sternw husband- aad i~ife~--jointly--and each--in•---
<br />their own right,
<br />hereinafter called Mortgagors, in consideration of the sum of.ONE THOUSAND LHREE HU'3DRED_ NINETY
<br />S IX ...~.-L__04J..100-------------_----------_-=--- _- ~-~ .~ --- ~-.:---- :---r-- _ :: _- :n :~:.. -~ ~_
<br />($ 1,396.09 ) DOLLARS, the receipt of which is hereby aclmowledged, 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 celled
<br />Mortgagee, its suoceaeore aad assigns, the following described real estate, situated in_---- Ha11 .-.
<br />County, State of NEBRASKA, to-wit:
<br />iot 'Ptaenty =,201, Hlock ,our Olde ;~.iL Suodivisio=i,
<br />Clty oP Crand Island, iiaL County, idebras't;a.
<br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances thereunto
<br />belanging unto the said Mortgagee, forever, provided always, and this mortgage is upon the express con-
<br />dition that if the aforesaid Mortgagors, their heirs, assentors, 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 A~~=r*ients levied upon 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 or any uistallment thereof becomes delinquent, then this mortgage to be void, otherwise to remain
<br />in full force.
<br />IT IS FURTHER AGREED (1) That if the said Mortgagor shall fail to pay such tazes, the
<br />Mo may pay the same and the sum so advanced with interest shall be paid by said Mortgagors,
<br />and~is mortgage shall stand as secnuity for the same. (2) That Mortgagors covenant with the Mortgagee
<br />thst 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 install-
<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 Mortgagee_
<br />Signed this -~.__:~_-_-day of. - -x~_~:~.-- ----- ~ k ! =- ,~ 19- - -- -
<br />~.. ,_
<br />.7~ffreY ,T. Stern _
<br />„~ - ,
<br />3TA'lE OF NEBRASKA j Cvnthia J. Stern
<br />____..~1.1._.. County. j sx -
<br />Oa thin _..~.`~.~~ ~ day at .~:~.1:.:.~__.___.., 18s!`_._ before me, the undeiaigaed, a Natary liubliq in and for
<br />said r,~ty ~~y ~ 3effrey 3_ Stern.-and Cvnthia-J,-. Stern,-_hu_sband and-_wife..-_.__-_ -..
<br />parfauaUy Iaarwn to me to be the identical peraoee whose names are atfized to the above and foregoing inatnunenk ae
<br />mwtta{ota, and each aeimawledged said instrument tq he hip or liar voluntary act and deed.
<br />Grand Island, Nebraska
<br />Vitas my hard and notarial Beal at__....._----------_---.-------.-------..-_~_...-_..-..----.---.--_-.-----._....__--------°---.-__.___.
<br />the data lsrt above snittea _
<br />aalfa~tastan-an~Na~Ymb -:-r., - ~ ~''
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<br />t~NlIE 3. 9AtfS __.-_.."... -• -''°'_- '. .. Natarl' Pubtia
<br />hty commission eaP ~ r°~' ~' ~ i t : Sat
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