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<br />SHORT FORM Loan Number_____4ts7_2L_ -D1-___ LEa
<br />PROPERTY IMPROVEMENT s.s.~e ~n
<br />FoeM No. 21 1 (REV. 121801 8 1 (j /l ~ A t~ r'y
<br />I~,E~L ES'~'A'TE ~IO1~.~'G1~~E ~7 /
<br />KNOW ALL MEN BY THESE PRESENTS
<br />THAT. John-- Dean-Webster..~A~?...i?i}zy--.AAA..Jatehsxex...hus.hand..and...wa.£z«-.dnint:,y .............................
<br />and each in their own right,
<br />hereinafter called Mortgagors, in consideration of the sum of-TC?e._Thausgi}d..Se!zen..Y.umdxesl...and..AQ1100
<br />{$ 2700.00 )DOLLARS, the receipt of which is hereby acknowledged, do hereby MORTGAGE
<br />and CON-VEY an absolute title, including all the rights of homestead and inheritance, unto FIRST
<br />FEDER4L SAVINGS AND LOAN ASSOCIATION OF LINCOLN, NEBRASKA, hereinafter called
<br />Mortgagee, its successors and assigns, the following described real estate, situated in._Ea1.L ........................
<br />County, State of NEBRASKA, to-wit:
<br />The South Five Feet (5') of Lot Five (5) and the Borth Pdinety-Five
<br />(N95') of Lot Six (6), Block ;ne (1), West IJorth Lawn Second Addition
<br />to the City of Wood River, Hall County, ilebraska.
<br />TO HAVE AND TO HOLD the real estate above described, with all appurtenances thereunto
<br />belonging unto the said Mortgagee, forever, pmeided 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 ~ certain installment note of said Mortgagors bearing even date with
<br />this mortgage, and shall pay taaes and assessments levied upon said real estate, and all other taxes, levies
<br />and assessments levied upon ibis mortgage or the note which this mortgage is given to secure, before the
<br />same or any installment thereof becomes delinquent, t31en 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 taaes, the
<br />Mortgages may pay the same and the sum so advanced with iateresi sh311 be paid by said Mortgagors,
<br />and this mortgage shaIl stand as security far the same. {2) That Mortgagors covenant vcrth the Mortgage
<br />that they are lawfully seized of said real estate and covenant to warrant and defend the said real estate
<br />against the lawful cLtims of all persons whomsoever. (3} That in case of a foreclosure of this mortgage,
<br />the plaintiff in such proceedings shalll be entitled to take possession of the premises, protect the same and
<br />collect the rents, issues and profits thereof. (~) 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 />TRANSFER OF THE PROPERTY; ASSL;LIPTION. If all or any part of the Property or an
<br />interest therein is sold or transferred by Aiortgagor w[thout l~lortgagee's prior written consent, ea~luding
<br />(a) the creation of a lien or encumbrance subordinate to this Mortgage, (b) the creation of a purchase
<br />money security interest for housen~ld appliances, (c) a transfer by devise, descent or by operation of Iaw
<br />upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or less not con-
<br />taining anoption to purchase, Mortgagce may, at Mortgagee's option, declare all the soma secured by this
<br />Mortgage to be immediately due and payable.
<br />If Mortgagee exercises 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 />mailed within which Mortgagor may pay the some declared due. If Mortgagor fails to pay such sums prior
<br />to the expiration of such period, Mortgagee may, wi ut er notice or demand on Mortgagor, invoke
<br />the power of sale and any other remedies permitted f pp ca le law. ~~
<br />Signed this...._.=..----day of._... ------~-,.°.---- ~-°#° ----- - •--~.------- -•:----.;--/-~--~19.....---•--°
<br />star
<br />STATE OF NEBRASKA
<br />er
<br />Oa thin °--...~.: L...-.-.... day of -.....i:.:..:5,:~_...._.._..., 29.._.,i. before me. the undersigned, a Notary Public, in and for
<br />said County, personally cameJohn- Uean_Webster- and_aary__Ann_Webster,- husband and wits-~,___.._._,_,_
<br />personally known to me to be the identical persona whose names are af8zed to the above and -foregoing instrument, e.
<br />mortQagota, •and each acknowledged said imtrumeat to be his or bar voluntary act and deed
<br />Witness mY hand and notarial Beal at......._...' .'s:.:.,~.:.~.. - '' 1........._`i: i
<br />the date Iaet above wriNen. ---..__..:,..a.~.:.:..t. ,....:.x...:....._Y:..::._ ........................._-.
<br />aiMEasl t~0rafr-Ass M N.M~i.
<br />ay commission ezpirew ..............._. ....._......~g:
<br />'..-.-;.F. NivCamm.l6a-ocL 1t. last
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