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<br /> INDIVIDIJI�L
<br /> DUE ON SALE'
<br /> ��R�'' OPTIOlVAL FUTURE'ADVANCES
<br /> , SAVICJGS FUND,
<br /> ��� ' FoRM N0.72p � � �. A . . . .
<br /> � Loan Nurnber-3392.2.------3.$$_.:-H1.?#._
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<br /> £ ��„ C1n224;;4 M O RTGA :GE .
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<br /> n ° THIS M0�2'I`�AGE,made and executed this--..-.---.^`-�.P`�. •--._... day of .:--..-- . /''�,f'•'-/�--_. ..---A.D.;
<br /> . `.
<br /> ` � 19.--•:�?_,between the Mortgagor, --..:::I�e4n.-D:,�.Sioby�as�d--�Tv,d.y--�A.�-�tob3r:,...husb�nd•�a-nd-•z,*ife�:.��h,--in
<br /> � h�,s..sud..hea:.�oa,rn.•�ind3�uicius�l.--xi.g,bt_.asid-:as...spause--of-,t3ae:.other.�--�oa,n�3,�..arui--ssvcsr-a1.�y..-.-
<br /> ; ; of...�xaud.,Ss7.and..:.._.-.,County of ...--Ha17.-, _:..::._.___.__,State of---DIebxas7c.a.,..__,hereinafter refened
<br /> ` to as,the Borrower, and tk�e 1VIortgagee, FIRST FEDERAL SFIVINGS AND�QAN ASSOCIATION OF
<br /> � LINGOLN,,1235 "N" Street,-I.incoln, Nebraska 68501, its suceessors anci a�.�igns, hereinafter referred-ta
<br /> ' �: as I.ender.
<br /> y . 4�ViTxEssEzx: That t�ie said Borrower`for and in consideration of the sum of ....._ .. ._. ...,._
<br /> Z'W�i"Yi'��`I:RF--fiH<3�3fi��VD�•Ai�D-3VC1f1�00------__.-_.__�...__..,___.:.Dol:ars (US $-..25.,f1.QQ..OQ. _.. ,..�)
<br /> ' : paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors nnd a�signs; the
<br /> ' fnllowing described property located in the Count,y of.:_...Hal1,.:_.�................... State of Nebraska:
<br /> .•,<�'�� � � � � � �� � �
<br /> " }' Lot One (1), Martin Subdivision, City of Grand Island, HaZl County, Nebra�ka.-
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<br /> � Ta�ETxEx with all the improvements now or hereafter erected on the property, and all easements,
<br /> i rights;appurtenances,xents,,royalties, mineral, oil and gas rights and profihs, water, water rights, and
<br /> water stoc:k, and ail-fixtures now ar hereafter attached to the propertY, all of which., inctuding replace-
<br /> � ments:and additions theretQ,shall be deemed to be and remain a part of the pro�erty covered b,y this
<br /> � Mortgage; and ail oE the foregoing, together with said property(or the lcasehold estate in the event #his
<br /> Mo�gage is on a leasehold) are hezein referred to as the "Property".
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has fhe right
<br /> r #.o mortgage;grant and convey the Property, that the Property is unencuzuberad, and that �3orrower wiil
<br /> warrant and defend;generally the title to the Property against all claims and demands, subject ta any
<br /> 1 easernen�.s and'restrictions listed in a schedule o€exceptions to coverage in any title insurance policy in-
<br /> ' suring Lender's interesE in the Praperty;or (2) attorneg's opinzon of title from a6stract a€tit�e certi&ed
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<br /> by bonded abstracter;
<br /> Paovin�n AtwaYs, and these presents are executed and deLivered upan the foll�wing conclitions,agree-
<br /> ments and obligations of the Borrower, to-wit:
<br /> " The Borrower agrees to pay to,the I.ender, or order, the principal sum of _
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<br /> :.T'WE'H11'.Y-EL�..�OItSAAW:,E�I3!?..�TQ�J:9�-:-r._--r.--.---:--.c---:----Dollars ('US 5 25.�.4�Q.S?Q.:.�..__.. ...__)
<br /> �>ayable as provided in a note executec3 and delivered,concurrezitly herewith,the finai pa,yment of��rincipuI,
<br /> i if not soonerpaid; on the----.._.�.�t_--..---.aay of.._.._..._M3Y.. ........ ........ ... 1�2��
<br /> UtviFoatvt Cov�xnx�rs. Borrower And Lender covenant and agree as fotlows:
<br /> I, Fayment of Principal and InteresL Barrower shall pram�tly pay when ciue t13e priiicigal of and in-
<br /> r terest on the indebtedness evidexiced b,y the Note, prepayment anci late charges as provided in the Note,
<br /> and the principal of and ini:erest on any Future Advttnces secured by ihis iLTortgage.
<br /> 2. Funds for Taxes and 7nauranea. Subject to Lender's uption under parage�a�tzs 4 and 5 hereof, $or-
<br /> [ rox�er shail pay to Lender on>t�� day monthly instnllments of principal and interest are payabie under the
<br /> Note,until the I�ote is paid in futl,a sum (herein"Funds") equal to one-twelfth �f the y�arl}� izxes anc�
<br /> assessments which may attain priority aver this \4ortgage, and grouncl rents on the Property> tf an,y plus
<br /> qne-twel£th af yearly prernium installments for hazard insurance,plus one-twelfth of ,ycarly premium in-
<br /> stiallrnents for morigage insurance, if any;ali as reasonabl�• c�„iimated initiallv and irom time to titne by
<br /> I.endez an the basis of assessments and bills and resasonable estimates therec�f,Lender shall ai�ply the F'vnds
<br /> , � . . _ � , s'..�,;id�r s�a'.1 .^lLc � ^�zsr..�c,,..„o
<br /> , , fa��y�i�l ,,ax�s, a;.;tasu�ento,insuraa»preiniums uu3 �;r�uriu i�nts. �,.> .. . � ...
<br /> holding and applying the'Fands or verifying und compiling sai�i asseGsments and bills. The I�nder shall
<br /> give ito#.�e Barrower,witfiout charge, an annual accounting of the Funds showing eredits and debits to the
<br /> Funds and the'purpose for which'eflch debit to the FunHs was made. The Funds arn pletl�ed as additional
<br /> secunt,y for the snrns secured:b,y this Mortgage. The Barrower a�rees that the Funds ma,y be held by Ehe
<br /> � ?' Lender and cammingled with other'funds and the Lender's own funds and the Lender inay pay such items
<br /> from its �n�n funds and ihe Lender shall not }�e lisLle.for interest or�ividends on,such Funcls. , �� "'-�""�"
<br /> if the amount of the Funds heid by Lender„together with the futnre monthl,y installments of Funcis '� ��'��
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<br /> �, ° payalale prior;tn the due dates af taaes, assessments, insurance premiums and ground rents, shall excaed " �,x
<br /> ; the amorwnt required Go pay said tases,assessrnents,insurance premiuins and gr�aund rents as the,y fall due. �� +�,
<br /> suctz F.S�CE&R SI]&� t3C,at Borrower's option,either promptiy repacad to Borrower or credited to Bormwer on ti',
<br /> ` :r.art2z2� insts.2�ents of Fr_�sc?s. If _�Ze�maunt of*he F.^ds heic3 b�-L�r.�?pr�a,��t .,nt hP�.�f�.•;ent tn na� ` '
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<br /> taxeG. a.w�Kr�ment�e, inHurattrc> premxumH and gr�unc7 rent.� aR i.hrv fail due. Borrower s3ta11 c�ay to I.ender �.
<br /> anp amvunt necessary`to make up the deficiency within thirty days after notice fmm Lender to Borrower if�; �
<br /> requesting payment thereof, or $orrower shall, by an increase in manthly installments of Funds required,
<br /> repay the defieiency within the Fund ucconnting p�:ripd.
<br /> i7pan;payment in:fu11 0€all surns secured by this Mortgage.Lender shall apply Funds held as a credit
<br /> against all.sums due.
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