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SHORT FORM - -
<br />PROPERTY IMPROVEMENT t.aan Number_____a6869____ ~~.__ib~
<br />FoeM No. 21 f fR[v. f 21ao1
<br />~tEAI. ES'I°A'I'E Mt~RTGAGE
<br />g ~ -'°0 0 2 8 8 6 I{NOW ALL MEN BY THESE. PRESEirrs
<br />THAT..&.,ichard-.w.....ooheos.. aad•-D1a~ay~--Cr-~DOt~eorr,-..husband-~n,3••+,rat-c,...3o-in>i~ .............-._..._.......
<br />and each in their own right
<br />hereinafter called Mortgagors, in consideration of the sum of..saat_ Thvttbs~nd.ong..HUS}six~d..ax~.4...QA/.1.R9
<br />(S 6100. oo )DOLLARS, the receipt of which is hereby acknowledged, do hereby MOlii'I'GALiE
<br />and CONVEY an absolute title, including all the rights of homestead and inheritance, fffrto FiRYF
<br />FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, herEinaftet t~
<br />Mortgagee, its successors sad assigns, the following described real estate, situated in.._.Eta11 ............._-...._..
<br />County, State of NEBRASKA, to-wit:
<br />Lot Nine (9), Block "C" in Parkview Subdi~rision an
<br />Addition to the City oi' Grand Island, Hall County,
<br />Nebraska.
<br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances thereunto
<br />belonging unto the said Mortgagee, forswer, provided always, and this mortgage is upon the eapress con-
<br />dition that if the aforesaid Mortgagors, their hens, ezecutors, administrators or assigns shall pay or cause
<br />to be paid to tl~ said Mortgagee, its sliccesaors or assigns, the principal sum herrinabove 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 fazes and assessments levied upon said real estate, and all other rases, Ievice
<br />and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same or any i~tallment 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 Mortgagar shall fail to ppasy such fazes, tlae
<br />Mortgagee may pay the se~iie and the sum so advanced with interest shall be paid by said Mortgagors,
<br />and tlris mortgage shall stand as secunty for the same. (2) That Mortgagors covenant with the Mortgagee
<br />that tif~,~ 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 plainti$ in such proceedings shall be entitled to take poesess~on of the premiees, protect the same and
<br />collect the rents, issues and profiffi thereof. (4) That a failure to ~y 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 />TRANSFER OF THE PROPERTY; ASSUMPTION. If all or any pert of the Property or au
<br />interest therein is sold or transferred lN; Mortgagor without Mortgagee's prior wntten cons~t, eacluding
<br />(a) the croation of s lien or encumbrance subordinate to this Mortgage, {b) the creation of a purchase
<br />matey securityy interest for household apppliaaoee, (c) s transfer by devise, descent or by operation of law
<br />upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or less not cen-
<br />tainiifg an option to purchase, Mortgagee may, at Mortgagee's option, declare all the sums secured by this
<br />Mortgage to be immediately due and payable.
<br />If Mortgagce ezerciaes such option to accelerate, Mortgagee shall mail Mortgagor notice of
<br />acceleration and such notice shall provide a period of not less than 30 days from the date the notice is
<br />malted within which Mortgagor may pay the sums declai+ed due. If Mortgagor fails to pay such soma prior
<br />to fife capitation of such penod, Mort~agce 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-...2nd.-._.day of--°- °--June--•°•---°---...._----------------•---•-----••-------•--•----.-._, 19.81..:--.
<br />- - Ric and W. Dobson~}~~ Q ~~
<br />- - -..~,c.-h-f~l4"yK1.~~...---..--..
<br />Nancy son
<br />STATE OF NE8I2ASKA
<br />.-,....._..-Hall ...............Counisr ~ ed
<br />f?n this -___?~».._.-. day of ......-.Jfxne _.-..~...-., 19._81- before me, the undeisi~xl, a Notary Public, is and for
<br />said t:«wty, f+eranaRy came Haptaa~d_Ff.:.-_psfkrsizi3..._-N.refacY_..G x-.-t!alia~a,....h>a&2.:.s~..r~a,~~.-.._..-._~....
<br />pemroallp kuowro to aw to be the idmtics] pe:gn whoa nanaee one armed to the abotiro and foragoina indrom~t, M
<br />moetpgote. sod-each aclcne~vladted aid inateuawnt (n be hie or her valnotary aM and deed.
<br />the date firt~
<br />fNy oeasmkeion
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