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<br /> INQIVIDUAL .
<br /> bUE ON' SALE
<br /> �, ��'"�',���'�4`� OPTIONAL FUTt1RE AD�/ANCESr
<br /> � ;� S�VINC4S' FUND� ' `�
<br /> `.f�� Foen+ No.7zo . . . � . �� � . — �..� .
<br /> � . Loan Number_��3Q2D_-----iY-�f3- .-�.11�h
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<br /> �7UU�0:1:�3 MORTGAGE
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<br /> ' THT�MC1FtTGAGE,made and executed this �� day of �pr� � .. .__ A.D.,
<br /> , 19___�`��.,betiveen the Mortgagor __�arry, P_.__Rodewald and..8�nc�r,s.L,. :Rodew�ld,,,h+�,sb��i�,,�zad:;3a�fe;
<br /> ��, � ' each in hi and her own individual right and as spouse of the .ather,._�_Q#��.-�,'y,y,;,��c�,_,��y�rally' , `
<br /> , -• ---- �----- ..---
<br /> , �f , Grand Island.._......, Gounty of`.: .Hall` ......� ......::,State of�::Nebraska..,....,hereinafter referrecl-
<br /> .._..._..._.
<br /> to as the Borrower, and the Mortgagee, FIRST FF.DERAL SAVINGS ANIa LOAN ASSOCIATION OF
<br /> LIZ�TC(JLN,`1235 "N" Street, Lincoln, Nebraska 6R501, its successors and assigns, hereinafter referred to
<br /> as Lender.
<br /> WtTxEssExx: Tlxat the said Bprrower for and in consideration vf the sum af.....__._... ..._.._..... ..
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<br /> '?'t�i.ENTY_�IVE.:TfiS�U�,ANA.�.S.TX:.� BER:�IFTY..A£II�..NOl1Qfl---.-s.Dol.ars (LTS$-2.�,-650...ClQ..::.. _._.__)
<br /> ' paid by said Lender, does hereby mortgage, grant and canvey to Lender, its successors and asgigns; the
<br /> ; foilowing described property located in the County of ..............�I�+1�-..:........_... ._.., State of 1'deUraska: `
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<br /> ' ' � Lo-E: Thirty (30) in Y7est LaWn, in the City o�' Grand Island, Hall
<br /> Courity, Nebraska.
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<br /> Toc�xxsa with all the improvaments now or hereAfter erected on the property, and all c:asemenis,
<br /> ,. ,' rights; appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, wAter rights, and
<br /> water stock, and ali fixtures now or hereafter attached tn the property, all of which, includin� replace-
<br /> y ments and additions thereto,shall be deemed to be and mmain a part of the �roperty covered by this
<br /> s - Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this
<br /> Mortgage is on a ieaseh4ld) are herein referred to as the "Property"_
<br /> a Borrower covenants that Borrower is lawfully seisec3 of ti�e estate hereby conveyed and has the right
<br /> ; ta mortgage,grant and conve_y the Property, that the Property is unencumbered, and that $orrower will
<br /> � warrant.and defend generally the title to the 1'roperty against all claims and demands; subject to an,y
<br /> ' " easements anci restrictions listed in a schedule of exceptions to coversge in any title insurance policy in-
<br /> '� sur'xn�i,ender's interest in the Propert�*,or (2) attorney's opinion of title from abstraet of fitle ceztified
<br /> , " ; by bonded abstracter.
<br /> `; PsaviaEn ALwaYs, and these presents xre executed And delivered upon the following conditions,agree-
<br /> ments and ok�ligationa of the Borrower, ta�-}vit:
<br /> a
<br /> �! The Borrower agrees to pa,y to the Lender,vr order, the princ�ipal sum �f .. . . . ..__. _.. .._.. . ...:........
<br /> : % mwF'tvmv_FSSTE.THQITS.&N�..SZY_.�UN�AF.A:_FT.k'TX..AN1?__NQj1.OQ-:-.-.Dollars (US 5..:25-,bSQ_D.Q.,.................)
<br /> ��ayable as pravider3 in a note exec:uted and de2ivered,concurrentiy herewith, the final pa,yinent of principal,
<br /> t j if noL sooner;�aid,on the......_..1st._......_ ciay of _.......Ma}r................. ..._._., ;�3t.�Q06
<br /> UxiFoeM GovExnNms. Borrower and Lender covenant and agree as follo�vs:
<br /> I. Payment af-Principal�d Interesti $orrowt.r shatl protnpti,y pav when clue the principal oi anu ie.-
<br /> terest on the indebtedness evidenced by the Note,F�repz�yment and late charges as pmvided in the Note,
<br /> and the principai of and interest on any Future Advances secured b,y this Mortgage.
<br /> 2. Funds for Tmces and Iusurance. Subjec:t to Lender's option under pars�rraphs 4 and 5 hereof, Bor-
<br /> rower shall pay to I.ender on the dAy monthly instaliments of princigal and interest are�ayable under the
<br /> :�Tct.•�.,u..v.!t,h.;Nota is�aid ir.:u2:.s se:rn (h�.-eirs „F::^��,,� •�tyL�i t�, •,_.e_!••,elft!: cef +hn •�s:�_. ! ...,5� .e�
<br /> a�sessments which may attain priority over this Mortgage, and �;rou��dvreni�5 on the Property, if�ny plus
<br /> ane-twel#th �f tie�rly premium instaliment� for hazaid insur•ance, �lus one-tweltth i�f ye,�rly presniurn ixi-
<br /> stallments fnr mortgage insurance,if an,y,all As reasonabiy estimated initiallv and fr�m i;inze ta ti�ne k�y
<br /> Lender on the basis c3i assesstnents and bills and t�asonr�ble estim.ates t.}zereof, I.ender shall ap�ly the Funcls
<br /> to pay s�id i:aaes,assessments,insurance prexniums and ground rents. I.ander shall maL-e no charge far so
<br /> � lioiiiitl� dtial tt�a�tiyisig Llte sufaeia ur verilyitig �nd �untViaink �aiu aa+e»useut� a�au biiiti. 'I'ise l.enuer ai�uil
<br /> ,, ; give�o Lhe$orrawer,without.charge, an annusl accounting of ihe Fuizcls showing crediLs arxd debits to Che
<br /> �nds a�ri the purpose for whicM each debit to the Funds was made. The H unds are pledged as additional
<br /> security for th@ c;ums secured by this ��tortgage. The Borrower agrees a.hal.tlie Fund�nxay be held Uy t.he
<br /> I�enderand commingled with other funds and the Lender's ocvn funds and the'3.ender'm$Y Pay such items '
<br /> irom its oa�n funds and the Lender shalI not be�iable far intere�t�r dividends on such �unds. `� '•" `��"x
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<br /> Sf the amount of the I�`uneis ltetd by Lendet,together with the iutnre monihiy insi.allu�criCs �i Funcls �:� t ,, cv�w'' ; :
<br /> � ; paya�le prior to the due dates af taa-�es, assessmentn�, insurance premzum�y and:grounc� rents, �tzall exceed �
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<br /> � the asanaunt reguired tta pay said l�axes,.assessments;insurance premiums and ground rents as they fatt 3ue, ��s
<br /> such excess shaii be,at Borracver's o f;ion;either p ' ,"?'�"
<br /> w, � p pram�tIy re aid to I3orrower or creditad to Borrawer on i�;
<br /> t. ' manthiq installments of Funds. If the amount of the Funds heId kty Lender shall not be sut�icient tc� pay ,i ;
<br /> ;, rar�.: ssGGc�ss�t:.^.ts, �^;sw�a�t.;er�.�iis�� an� F,^.az::u� rcn`� as tkey ;a;; dae, Barrc�:er sha2: paC Ld Lender
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<br /> - xnv ainc+unt.neu•e�sarv to mAk,e�a�, thP riPficeen�y w;thin t�±*rtv t�a.���t�e•,,e±it�from Lenc?er t� f3�rrr�wer ,.
<br /> reqnesting payment th�ereof, os Borrower shall, by an increase in inont�ly installrnents of Funds requireci, �
<br /> repay the defceieney within the Func�accounting period.
<br /> Upc��t pavm�nt in fial] ;�fi ail KumF narttrw� �y thic Mnrtgr��p; T�Nn�1P*vh�11»pniy F�inri�hvl<l ta�a�•rNriit.
<br /> against all sums due.
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