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<br /> � IIVD1VIDliAL ;
<br /> DUE ON SAL£
<br /> ��� ' OPTIQNAL FUT'lJf2E ADNANCES
<br /> � SAVINGS PtJfVQ
<br /> �. ��� FORM No.72p . ..�. � � � ..
<br /> : � �
<br /> ,� loan Number__3343Z------18,8-- ��..<h :
<br /> � ,7,� MORTGAGE
<br /> � , ����i�
<br /> � THIS MORTGAGE> n�ade and eaecuted-th;s �-z ` daY of ��• � q,�
<br /> `` 19 between the Mortgagor, .._�ILLIAM DUANE JOHN30N AND DAKL.ENE M �OHNSbN husban-d ahd ,
<br /> �d ---._, __._.. _ ........ .
<br /> � wzfe �aiatly and each in tbeir own right
<br /> • �- -- _....--- .. - ---- - --.•-- ...___.. ..
<br /> � of _.�_Fremont:_ ... ., �ounty of__._ ......:: ...... .:. .State oi�ebraska ..:..�hereinafter referred
<br /> .... ...
<br /> � to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOGIr1TI�N OF
<br /> `''° LINCOLN, 1235 "N" Street, Lincoln, Nebrms�a 68501, its successors and assigns; herc:9nafterxeferred to
<br /> �� as I.enden
<br /> �� Wis�rt�ss;Tx: That the said BoTrower for and in cansideration of the sum of Thzrty thousand
<br /> { and-no�i00 ------^---------- ..:..,__....Dol:ars (US� 30,000.00..... ...._,.)
<br /> j ---•.... ......... ....�-- -�--��---_...--�- ---_-.. _...-----.. .
<br /> i paic3 by said Lender,does hereby mortgage;grant and canvey to Lender, its successors an�l assigns;_the
<br /> � foLlowing-described property located in the C�unty of ..._.:Hall _ .,__, State of Nebraska: -_
<br /> � � --�--�--
<br /> �
<br /> �� - Lot Thirty-P3ve (35) , Sass .Second Sub�i.v�lon located in Section 1�+, ,
<br /> , i Tawnship 12 North, Range 9 Wes� of the 6th P.M., Hall County,
<br /> N'ei�ras ka.
<br /> ;
<br /> x
<br /> � �
<br /> � TocETxsx with all t.he improvements now or hereafter erected on the property, and all easements,
<br /> � rights, appurtenances, rents, ro,yalties, mineral, nil and gas rights and profits, water, water rights, and
<br /> �, water stock, and all fixtures now or hereafter attached to the property, all of which; including replace-
<br /> �' ments and additions thereto,shall be deemed to be and remain a �art of the property covered by this
<br /> � Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this
<br /> ;s Mortgage is on a leasehold3 are herein referred to as the "Prnperty".
<br /> ` `� $orrower covenants that Borrower is lawfully seised of the estate here6y conveyed and hxs th.e right
<br /> � to mortgage, grant and convey the Property, that the Property is unencumUered, and that $ormwer wIll
<br /> , � warrrint and defend generally the title ta the Property against ali claims and demAnd�, subject to any
<br /> �; emsernents_and restrictions listed in a schedule of exceptions to coverage in nn,y title insnrance poiic,y in-
<br /> � suring I.ender's interest in the Yroperty.or (2) attArneY's opinion of title from abstzact of title cerCified
<br /> y by bonded abstracter.
<br /> -. ;J
<br /> , � PRovtuEn ALwaYs, and these presents are executed and de3ivered upon the following conditions,agree-
<br /> ment,s and obli�ations of the Borrower, to-wit:
<br /> ' - The Borrower agrees trs}�ay to the I.ender, or order, the principal sum uf �hirty thousand _
<br /> ; and noj100 ___ -------------------------_...Dollaxs (US � ... 30 000.00.,. ,_. ..)
<br /> y . . . ....... ............._..... ..--•-�---�--....----..........._ ...__.�
<br /> - {, payable as provit�ed in a no#.e exeeuted and delivsred, concurrentiy herewith,the final pavment of principal,
<br /> ; y if not sooner paid,on ihe _ ------.. ..1st. ..day of. ... ..._�Y. ....:.. ......... ... F9x:2006
<br /> b� � � Ur�taqRM�CovErraxms. $orrower and i.ender cavenant and agree as follvws: �
<br /> � I. Payment of Principai �d interes� $orruwer at�ai; �romgt:y ps y vrhen c3 se the principal �f znd in-
<br /> z terest on the indebtedness evidenced by the Iv'oie,prepavment and ]ais charges as provi�e�l in tlie Note,
<br /> and the principal of and interest an any r�zture Advances secured by this RZortgage.
<br /> 2, Funds forTaxes cmd Insur�ce. Subject to Lender's option anc�er paragzaphs 4 and 5 liereo£.Bor-
<br /> � ' rox�er shall;pay Lo Lender on the day� n�onthly installmentti uf�rincipa]and int.erest are pa,yai�le under the
<br /> � Note,tinfil the Note is pa.id in full,a sum (herein"Funds") equ�l ta one-twelfth of the yearlv taaxes and
<br /> assessvients which may attain priority over ihis iiortgage, and ground rent.5 on t,he YroperL,y, if any plus
<br /> one-ttiyelfth of yearly premium installments foY hazard insixrance,plus one-twc:lfth of yearly ��remium in-
<br /> staTlments for mortgage insurance, if any, all as reasonably estimatad initi�tllY and frarn time to tame by
<br /> Lender on the basis vf as�essments and bills and reasonable eHtimates thereof,Lender shall ayply the Funds
<br /> to pay sai�i ta�ces, assessments,insnrance premiuxns and gsound rents. Lenc3er s3�a11 ma?se na charge for so
<br />� . I]v3u131}'.817C1. dj.>jJAy1Lt�'�trie�ri W1C3a uT verjiyulg ttriu.l:vul�Jii.illb' �tiiu da�rs.tul'.ciL.� :i.uu uiiis.. iii� i.�i1� i.��1:;... � . .�
<br /> ;,.sc a.,c •':� a.,r: - ;^,+�•;:t cH rd� ;s :snasl »ccc:z^.ting of the Funds showiaig cm�3�t.�an�1�1eMtc to the
<br /> Funds and#he purpose�for�vh9ch each debit to the Funcis was made. The Funds are pledged as addiCional �
<br /> sectarit_y#or tlxe sums secured b�� this Mortga�e. The Borrower z�grees that the Funcls mr�y be held b,v ihe
<br /> Ler�der and commingled with other funds and the Lender's owm funds and ihe I.ender ma,y�ay such items ( „ , �T�
<br /> fram.,its own #unds and the Len3er shst3 not�e liable for interest or clividencks �n such Funds. � '"
<br /> if the azttoun.t of the Funds held by Leuder„i.ogether with Lhe fnture monthly instxilment:s of Funds � � t��
<br /> � payabie prios to the due c3ate�af taxes;-assessmente, insurance premiums and grouncl ren�s, shall exceed �µ
<br /> t,ti: the.amount r�uired to pay said tases, assessments,insurance premivms and ground rents as they fall due, ��",�,?,
<br /> ,:,: 'r suc�x ex�ess:ahall �e,at-Borrvwer's option,ezthe,s promptly repaid t�Bprrower or credited tc� Borrower on *�.•
<br /> mor,tlily instalimenfs-of Funde. If the amount rif the Funds held b_v Lendez chall not be sut�icient, to pay
<br /> „ ::.�s.e�;�ass.-r:caLs, i.~.,�^i:r�.acc p;e.a:L�a:id �:,z.d.^e�;s �4.he;; r.:1; d�c. Ec^�,aer s�:s?i psy �o Ter.det
<br />� ±+it�� azea�nnt ,•pr�cqr� t:n,•�?tice�tg thP �?pfi�or+rv w�thizz ti,jT{y,r3Ry,� PftPr n.,ti�r fmm I.ender tci Rormwer �""°�'
<br /> reG�est3p,g gayment thereaf> or Borrovver shall,�ay an incresse in macithly inst,allments of kunds required, '
<br /> repay the defioiency withiz� the Fund accounting}�eriod_
<br /> 1 T»nn pa�rmant iR fa�ii�f»!1 ��rmn Qer�ivwtl hy {hic NT�rtgavP, T,vnrior�hAli a»��lv Fun�is nP1�I aG a credit
<br /> against all sun�s due.
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