|
( __� i
<br /> ' � _ _ . �
<br /> �
<br /> lNDIYEDl1AL
<br /> g�� LSUE ON SALE
<br /> ��'` OFTIONAL: FU'TURE ADVANCES"
<br /> ` �� BAVt1�GS FUND
<br /> k' � FOItM ni0.7"ZO � ' . . ��
<br /> ; ��..� Loan Number_32745 -------188- 1?�-
<br /> . . .. . .`. �. . TY�« � 8..,.��+.
<br /> �. �� . �. � . . . ..
<br /> ; 77 0 0 2��2 lVl :0 R T G A G E:
<br /> �� THIS R40RTGAGE,made and executed this .._....::A �:----.._---..: day of _....._�.:�Y- - ..:.._.._..A.D.,
<br /> `' 19_�7::.,between the Mortg�gor;----.Ar�xa..d.:A.....Caa�er.:.an�..katx�.c:i.a_.f�.:..s".o.oR�x,:.3ausband:_a�d._�riY.e
<br /> ; ; :.._�sc�Z_��.r�-�Zi.�::amd:.laex..Qa�z�:.S.n�=?:iYaz�,�.�,.:za.gY��_..an�.._as__s8ou�e_..a�..+�a.�..nther.,..�a=nt1-�--an:d_:sQverally •
<br /> " of :..CiX'and°_��'!:3nd ....:.., CounEy of.:...Hall,._....____...._.----,State oF:TdebS.�sJ�a..----...,hereinafter zeferred
<br /> to as the Borrower,and th? Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATYOI�I OF
<br /> Z.ZIVGOLN, 223b "N"Sireei, Lincoln, Nebraska 68501, its successors and assigns,-hereinafter referred to
<br /> as Lender.-
<br /> '' , WtTx��.Tx: That`the said Borrower for and in coasideration of the sum of .......... ........ ......:...
<br /> � _.._:1`IZNES':E.EZd:.TS�,'QIJSADiD--F:SGI�L'..H�➢FtEB..ANIl..NOf 10f1..................Dol,ars (LTS S..__���$QD-•(k�.----- ....._,. .)
<br /> paid by said 3.ender, does hereby rnortgave, grant and convey to Lender, i6s successors and assigns; t`.z�
<br /> fotlowing described pmperty tocated in the County of......_..._."t:a11................ _....,State of'Nebrnsl::.a:
<br /> Zot Seven ('?), BZock One (1), Meves First Addit icn to the City af Gran@
<br /> Island. Hall County, �Vebrask_a.
<br /> �
<br /> TocsrxEB with all the improvements now or hereaEter erected on the property, and all e�sements,
<br /> rights,appurtenances,sen�s, royaiiies, tnineral, oil and gas rights and pmf�ts. K�atcr, water rig�ats, and
<br /> wnter stock, nnd all fixtvres now oi hereafier attac�ed ta the property, all of which, inciuding ze�lace-
<br /> ments and additions thereta,shAll be deemed to b� aad remain a part of the propert,y �ot�erer3 by this
<br /> Mortgage; and all of the foregoing, together with said property (or the leas,ehold estate in the e�Qnt this
<br /> � ; Mortgage is on a Ieasehold) are here9n referred ta as the "Pmperty".
<br /> Borrower covenants that Borrower is lawfully �ised oi the estate hereb_y conveyed and has tl�e right
<br /> to mortgage, grant and convey the Property, thnt t�e Property is vnencumbered, nnd that Br�rrower will
<br /> warrant and defend generally the title to the Prope�'i,y against ai: cIl.aims and demands, subject to any
<br /> easernents and restrictions listed sn a schedule ot exceptions to coverage in any title insurance golicy in-
<br /> suring Lender's interest in the Propecty, or (2) atta=ney's opinion u£ title from abstract of title certified
<br /> by bonded abstracter:
<br /> PeovmEn ALwwYs, and these F,resents are executed and delivered upon t�ie following conditions,agree-
<br /> ments and obligations of the Borrawer, to-wit:
<br /> The Bc�rrower agree�u, �a� i� thP�nder.or r���er, ±hP�r�nc;n�i �um�#.-.-- _...._ . .
<br /> , • N..3i1�T�EN_:�HOUSt1ND._EIGF�' AUT�DRID AND IQOjlO�fl--- .---�ollars (L3S�.19,a00,00.. ._...... .__)
<br /> payable as pmvided in a note executed and deliverect,concurt'ently herewith,the final pa��nent of p�incipal,
<br /> ' ::not sooner pt�id, on the. .lst. .... .day of . __....June .- . ,'c13: 2002 �
<br /> UxzFoxr.s CovExnx•rs. Borrower and Lender covenant and agree as folloc�s:
<br /> I. Payment of Principal�d Iaterest $onY>wer shall promptly pay whe.n due the principal of nnd in-
<br /> '' " terest on the indet�tedness evidenced by the Naie, psepa,y�ent and late cliar;es as provided in i.i�e Note,
<br /> and the'pcincitaal of and interest on :�ny Future Advances secured l�y this Nlorigage.
<br /> 2.Funds for T�xe�cnd InSurazzce. Subject to i eeder's option under paragraphs 4 and 5 hereof, Bar-
<br /> rower shall �ay tv Lender an the aay monthly insta3lmcnts uf principal anci zrterest are payable under tt�e
<br /> r ' :Vote,uniil-the Noie is paid in fuiI, a sum (herein"Funds") equal to one-tw�elfth c�f the yearly iaxes and
<br /> asser�rments which may attain priorit,y over this:1lortgr�ge, znd ground rents on the Yroperty, it any pius
<br /> on�-Lwelfth of yearly pretnium ir�::.:�ents for hazard insurance. plus cine-fweliCh of yearly Z�rensiuni iii-
<br /> stallments for marigage insurance, if anv, rall as rcasonably estimAteci initialiy and frorn iime ta tim.e t>v
<br /> I�en�er en#he basiG of a�ses�mer.tc 3nd bilis anca rea�onable estim:?±es thez•eof. �,ender=ha11 a;�Fly tlzP Fiin<l�
<br /> to pay sxid taxe»,assecsments,insurunce premiumc and gsaund rents. Lender shall make no char�e for so
<br /> holding and appl,ying;the Funds or verifying x�nd compilin�said assessments and biils. The Lenc�er shall
<br /> give tn t1;2 �orrac-zz,without charge,�� a....,.a,ac��urtin�;of th��'und�sh:,::ing crc:dits and debits to the
<br /> �eincts ar,d�=c ya�f,i,ss f:.,�h::,,`,-=..�h dc�it Go�he�'un�s �Ys n,��?a. �d'hP Fusads are pledged as ad�litional
<br /> setuzity for �he sums se.*cured by t#ais�4ortgage. The Borro�ver agrees that the Funds i�jay be helc� hy the
<br /> �:
<br /> Lenrlet and commingled with ot.her funds and the L�nder's own funds and the Lender mav pny such it.em� �
<br /> ;. from its own funds-and *he Lender shall nat bo-liable£or interest or dividends on such Fuiids. , _."""�.°'" " �''�
<br /> If the amount of the Funds heFd by Lendez,tagether cvith the future manthiy instalLments of Funds s,� � �;x�
<br /> L;.� payabie priar ta the due dates of taxes,ass+esEnYents� insuzsnce premiums ancl ground rents, shall esce.�ed M�
<br /> the simount requirerd to pay said'taxes,assessmenG�, �nsuxance premiums and ground rents as they fall due, �fi�,�t
<br /> suah excresa shail tt�.at F3orrower's option. either param{>tly repaid tc>Borrower nr�rr�dited to $ormwer on Nce.�
<br /> ' "' monfixily zns�sllments of k`�znds. If .the amonnt of:tNo Fur:ds Ineld b3• I.ender shaii noi be�ufiicient to pa3� "
<br /> t��s,assessr�ent��, insuranca premaeams and graund rents as they #all due, i3ormwer sha!! pay w Lendes
<br /> • any,amount -necessary:to make<up the defi+aency w-i�hin thirty;davs after notace frvm Lendes t.o Bomwer
<br /> aequeeting p�.yment thereaf,or Bosmwer shail, b,y an fncrease in monthly installments of E�'unds rc-quired,
<br /> rP�e� '�� :er•-v within the Fvz�d�{roc:ni'z�g p�r2od.
<br /> Upan payment itt full af all suxtas secured by t39s:.�iVlort,gage,Lencier shaIl appl� iP unds he2d as a credit
<br /> �: --_..At�s=��ti'.�ue,
<br /> � bua�au.� . ... � . .. . . - � �
<br /> � ... . . • . , �.. . � �
<br />� � .. . . .. . � ' � � � .. �
<br />'�: '
<br />� r�
<br />
|