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'~} ~ St#t3R7 ~GRtrt Loan Number-- ~,'~-'~,-~ -- ~ --,,- -.
<br />"." } Pf~OPfSf2TY tINPROVEM)gNT ---`6,.n~.
<br />FowM tJO. 27 7 tl2ty. 12i(i0z
<br />E.EAL ESTATE ~VI~I~.T~AGE
<br />$1- ~ t13 $ 5 3 IiN(TS'V ALL MEN sY fifiF,SE ~ ANTS
<br />THAfi_.,'~i.e,kia~a...3.,...:.~.RdxtaA..arad._.+t~~X:a..?~....E:~~:.t~...auS.b.~Ra --:?nci---~:%s;?.~..,ointl-y . Vinci-. etch----..
<br />i:: their own right,
<br />hereinafter called Mortgagors, in conaaderation of the sum of ..ila.^.~ _~o?k~ and-. U i t Hundred. 9nd , 00 / I00
<br />($ g,t~p,pp ) DOLLARS, the receipt of which is herebyp ackrrowledged, do hereby MOATf3AGE
<br />p'EDERALESAVING~IAND LOAN A95~CIATION OF oLI c ~ NEBRASKA. heieinafter called
<br />Mortgagce, its successors and assigns, the following desczibed real estate, situated in._-.....}~st:.7~,.....
<br />County, State of NEBRASKA, to-wit:ft> tract o* land ~ =Meet =r. width by 132 feet in lengtr,form-
<br />erly being tl?at Bart o#' Hest 11th :;reset o£ the Cit~,~ o.f .,rand Island, Hall t,ounty, I~iebraska, vacated
<br />by said City os Grand Island on the `nth .ray cif October, 1;%6o by ordinance X37$4. described as fellows
<br />Beginni~5 at the 3outiiecst corner of Lot 1, 31oc~ ~ , West Fark_ Addi±ion to ?.he City o: Grand island,
<br />14ebraska. training thence `nest nn `he .;oath line of ,!-..i .i i,ot 1. `or dist:snce of 13" feet. to the
<br />$oitthwest corner cf said Lot i; nintiing r_hence ;>outh, nn •i ;;roionaation o: `he West line of said Lot
<br />1, for a distance or- ~~`~ feet to the dortiiwest ^orr-er o' Lot -. Bloc_F 16, c>f ..aid West Park Addition;
<br />running thence :art on the 'lor*h line ot` ~.._.. rot =,. ice ~~-lance cf 132 -set 'o -rte "3vrtheast
<br />corner of ssid Lat , . riauzir.~ thence •iorttt-for ~ 3i~tncF^ :_ ~•*. ee*_ zr. ~. prolori~at:,or. of +~-ne past
<br />line of ssid Lot -i.l`c the Coutheast ~orner ,t ~_~;d ,nt J.. 131ock ~?. Wes+. '.'ark :addition. being the
<br />point of T6 fiAYE AND T(3 HOLD the neat egiatc above desctilied, with ail appurtenances thercamto
<br />beginnin~elonging unto the said Mortgagee, forever, provided always, and this mortgage is upon the eapzess con-
<br />dition t37at if the aforesaid MortgatCcirs, their heirs. executors, administrators or assigns shall pay or cause
<br />to be paid to the said Mortgagee, its succe~ors or assi&tis, the rincipal sum heremahove set forth, all
<br />according to the tenor and effect of a-certain installment note of said ortgagors hearing eves date with
<br />this mortgage, sad shall pay taxes and assessments levied upon said real estate, and all other taws, levies
<br />and aasesairienta levied upon this mortgage or the polo which this mortgage is given to rotate. Izefore the
<br />same or any irit?iallrrient thereof liecaines delinquent, then this mortgage to Ize t•oid, otherwise to remain.
<br />in full farce.
<br />IT IS FI."fiTHER AGREED ! I) That if the said Mortgagor shall fail to pay such taws, the
<br />Mortgagee taay pay the same and then earn so advanced with interest shall be paid by said Mortgagors,
<br />and this mortgage shah stand as security far the :isms. (21 That Mortgagors covenant with the Mortgagee
<br />that they are wtuliy sized of said real estate acid eoveuant to avarrant and dt-fetid the mid r~l estate
<br />against the lawful c.lairris of elf persoi~ svhc,irsaae=-ar. f3) R`hat in ~ «f a fore~loqure of this ziairtg,
<br />the plaintiff in such proceedings shall he entitled to take ;xu~~aion of the prerr»s€xi, pmtort the carne and
<br />collect the rents, iasttc+s acid profits thereof. td) That ci elf Lure to pay any of said money or any install-
<br />ment ther>?of when the ~riia hacciriitea dtte.::r a failure to c~nply vntli arty of the foregoing agr~!~flta,
<br />s~,ell ~ *1?e ~,,t corn €if rnnney hP-r~lri -cured to lrecnme dos and «ile.~tiblr at once at the option of
<br />tlsa Mortgagee.
<br />TIRANSFII2 t)F THE I'ROPER'I't`; ASBUMPTIt7iV. ff all or any Imo; of the 1'~pgrty or an
<br />inte~test. therein is sold ar tranisfetzed by 4iorfga~or cr-ithout ~lortgage~e'= prior w-rittctl c~angent, excludi33g
<br />(al the creation of a lien or encumbranai suiwrclinate to this Mortgage, Ihl the creation of a purchase
<br />money securit interest far household applianciize, (e) a transfer by devise, d~x.~ertt or by operation of lsw
<br />open the t~th of a joint tenant or (d) the grant of any lext,aehoid interest of three years or leas not caon-
<br />taining act option to purihsse, Mortgagee may, at Mortgageee's optinn, declare all the sterns secured by this
<br />Moiigage W be immedia#ely due and payable.
<br />If Mortgagee egett'iaas such option to accelerate, Aortgagee shall mail Mortgagor notice of
<br />aucelrration and such notice shall provide a period of not leas than :10 days fmm the date the not-ice is
<br />mailed within which Mortgagor m~a}'• pay the stia~ declared due. If Mortgagor fails to pay such sums Prior
<br />W the expicatioa of such period, 4[ort~agee may, without further notice or demand on Mortgagor, invoke
<br />the power of sale and any ohree ramedtes permitted by applic~bie law.
<br />Signed than. .::?±tl;.- day of .-:~>t1,;a~_-
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<br />~ereoapIiy ftaatm to roar io tea ton identical Pawns xhosn rwares nn, eked to the nbow sad - isareauin; ixtsttvmen~ r
<br />~R sad eaar37 asknerrriedtrd eakt irurtramsat to he his as her wltratary act sad deed
<br />Wilr~ aV brad sad s3ii~f~e'*,+_ :`hR,L't~£t#i.:e . _. _.-.... ...
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