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<br /> INDIVIDUAL
<br /> DUE'ON'SALL�
<br /> ���' OPTIO[VAL'FUTURE A�DYANCES
<br /> ���=y~� SAVINGS FLiND
<br /> ' . �. �" ' FoaM Na.72Q .
<br /> �s�� Loan Number__�''.�01.3-----1�-_T-�,:.,„4
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<br /> t ` ]7� ,U�l�"�,6�.. " 14�I .O. R T G A G E
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<br /> �p , fiEiIB 1l�OR'I'C':AGE;made and executed thie w��3- dap of ... ��.�._..._ A D.,
<br /> 'fr a 13 7Z_..,between tlie Martgagor �ichael..T Peietz,and Carol.L.. .Puetz,,_husband_and. wife,.
<br /> �4 - eae3a �n h�.s,.and,Yzer.,own._indz,v„iduaZ„right anci..a�_s�quse._of the other,,__.�jointly- and_:severally
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<br /> a to as�and_.Island...:._..., Gounty of_ Ha7,i; . ..._..:_:......,Statebf.Net3saska-------..,hereinafter refezred i
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<br /> �,� �, �f the. Banower, and the Mortgagee, FIRST FEDERAL SAUINGS AND LOA1V ASSOCI`ATIOI�OF
<br /> T.INGOLN, 1235 "N"Street;;Lincoln;,Nebraska 63501,'its successore anc3 assigns,,hereinafter:referred to
<br /> � 4 as Lender_
<br /> � : WiTx�ssETx: T�iat the said Borrower for and in consideration of the'sum of.,F.ORTY-Sk�:YESt�.�A9i�SAND
<br /> ; ' ' ._��:HI7NAEEIZ.Affi).=:NQ�]..OQ- --- --?- ---- -----Dol;ars .(US�7..�9QQ.Uf}.:.--... ...... ....) ;, - ; ' '
<br /> pa;ds.by said,Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br /> a � ' fo}�owing.described propezty{located in the County of :.......Hal].. ......:.:...• ------, State of.lVeb�aska: ;.; ,
<br /> ' Zat Nine.,(9), in Meadow Zane 3ubdivision, in part of t�xe East Half.of the Southeast
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<br /> a ' Qu.artex (e2SEy,�, of Section Z'�renty-Six (26) in Township EZeven (1.7.) North,. Range
<br /> ,.t 3Vine (9), West o� the'6th P.1wI., Hall. County, Nebraska.
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<br /> � � .. ::; ..;� �..� ,,, �,. . ..� .... ,., � :: .
<br /> ; Toeexxs�wit3z all the improvements.now or hereafter erected on ttie ptoperty, and al� easements, -
<br /> j = rights,;appurtenances, rents, royalties; minerai, oil and gas rights and profits, water; water right.s, and ` �: ,
<br /> war.ter stack, anda alf fixtures now or hereafter r attached to the pmperty, ,all of which; inclu�ng replace-
<br /> ' m�nts:and additions thereta,`shali:be deemed to be and•iemain a part of the property cove�ed by''this
<br /> Mortgage; and all of'the foregoing; together with said property (or the leasehold estate in the event tt�s
<br /> a � Mortgag'e is on a Ieasehold) are herein referred to as the "Property". + -•
<br /> Y r Borrower covenants that-Borrower is lawfully seised,of the estate hereby conveyed and has the'right
<br /> � , ta �nQrtgage, granb and convey the Rroperty, that the Property is nnencumbered,.and that Borrower w-ill
<br /> wa�rrant an&defend generally;the title to the Property against all clnims and demands, subject to :any ` ' '' `
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<br /> � easements•and>restrictions listed in,a schedule of exceptions to coverage in;any title"insurance�oL'cy-in- � ' = ` '''
<br /> `" suring:Lender's interest in the Property,or (2) attorney's>opinion of title'°from abstract of ti�le certified � '' `'
<br /> 5 bq bonded abstracter.
<br /> PsovinEn:ALw�ixs, and.:these presents.axe executed and delivered upon the foliowing condi�ions,agree-
<br /> me�ts:and obligatians of tha Borrower,,to•witr
<br /> , The Borrower agrees to pay to the Lender, or qrder, the principal sum of FQR'SX=S�SI..T�iDJJ,�AAID.__..
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<br /> . ..._.._�III�`...HZTI�D.I{I+I�__gL�Q..N���.QQ_.�_.�_'�.___._____-_.__. "'_...._--D011&TS IUwS�S�'Ta.�,"-QQ_.QQ::.._,.. �...:. .:...� .._,,. ' ..�� � _.,.
<br /> i Payable as provided in'a note executed and delivered;cancurrentiy herewitti,the final payment of princi�al,
<br /> if neob sooner paid, on the_..-----..l.st.:::----.... day of ....:._�?xTS@::----: __..,.:_...__.,�006, '
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<br /> UNir�aanz CovFsznxrs:BarTower and Lender covenant and agree as follow�s;
<br /> L. Pqymeat-of Paaacipul a�d Intaresl. $orrower shaJ.l promptiy pag wtsen dne the principaP of And in-
<br /> ; i:erest on the indebtedness evidenced by the Note,pzepa,yment.and late charges as provided in the I�Tote, `
<br /> ` ' anci the principal of and interest on any Future Advances secured by this:Mortgage.
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<br /> 2. Funds.lor Taxeg�d 7s�surcmce. Su}iject to Lender's option under paragraphs 4 and 5 1-iereof,Bor
<br /> � rower shall pay to Lentler on Lhe day rnunthly installments of principal and interest'are pAyubl�unc3er the
<br />�` � No�, until the<Note is paid in full,a sum (herein "Funds") equal to'one-tcveifth o£ the yearly ta�ces and
<br /> t ass�ssvients which may attain prioriCy over this;llRprtgage, and-ground rents on the Properly, if any,plus
<br /> one-twelfth of;yearly premium installznents f�r hazard insurance, plus one-twelfth of vearly gremium in-
<br /> staL�ments #or mortgage insura,nce,if any, x�ll as reaeonably estimated initially nnd from iime to iime by
<br />},. Lez�.der on�he basts af assessments ancl hills and reasonai�le estimates thereo�f,i.ender shtill ap�ly the Funcib
<br /> �i��Y�� ��es,as.*-seesrnenr�,�nsuranee prezriiums ancE ground rents.Lenc3er sha11 make no c}xitrge for so
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<br /> ` holding:and app�ying the Funds or verifying and compiLing.said a�essments and bi11s,The I�etider shall
<br /> =, iv�t�o the Borrower, withou�charge,:an annual accouxa�ing nf the Funds stxowinK credits and debiis to t.I�e
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<br /> m, '' �ua�ds an.d the pnrpose for whieh each debit to the Fnnds was rnsde.,Tha F�nds are pledged:as fldditional
<br /> " :,ec�ri�v for t�e su�zs secured::by this,Martgager'I'he Borrower agrees that #he Funds may be h,�cld bv t:he �
<br /> j Lez�d�r,aud commixxg3ad with'vther fuacls and the Lend�er'x own fands and the Lender may pay-such it�ms ,q„,�„�, . .� ;
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<br /> frarra i�s nwn �utids a.nd the Z,ender sha31 szot be�iable#u�interest or dividencis c�n such Funcls. � . +':
<br /> c T€t�ae anaQunt Krf fihe�'uxxds held b3r Lender,.t.ogethez with the tuture monthly instailments of Funds '�j; �
<br /> AaS�hle::p�^ioae#.o t}Xe due dates-•-0f taxesy:assel3sin.e�te� i,n�snrance=premiums and ground rents, s13all exi:eed �`�
<br /> ' th��rac+unt t�e9uir�d��o,PaS'ssid taxes, asseasments,ins�arattc�premiums aia�d ground rents as they fa11 due, `'�
<br /> ,;. � ` p _� . � ndea^��sl�ali not�ue su Bt�arra�ver on �' ��'
<br /> �' ' su�t ext���aattl�,��at$o�+o�+flr'�o t,�a.ei�her�aromgtIy repa�d to 13orrovrer�r credited tu ;,.�
<br /> s�tkx3S' sszstac3�mezs#�,raf L�zsds. I, tl�amouut.c>#the�undb helr3 t�y Le fT'ici.�ent to X;a� „�;.
<br />� t»�se� a���i�, itg.9�zzt�ce �re�uum.� azad gra:axtd zc�ts ms th.e3� i�:i duc, ,Barroxs•e: shaJl pay� #p Len�es '
<br />� ', anY asuaua�necessa��o make n t'.ie,deficieaicy withia thi ; "
<br /> F rLy ciays aiter notice from Leuder to�$orivwer
<br /> r�erg�a�ng�aymen,t tliereot, ,ar Borma,ver-sha11 by an�crease in monthly i�stallments oi Funds,required> �"
<br /> 5_,_. : xepa�t�e clef�eeeieney �avithim the Fund ac�caun�tiag periocL
<br />�`� I3�ot3 p�atymiiet�t�fulf of al3 sums s+etuzed by this,�ortgage,i.ender shs�l apply Funds held a3s a credit
<br /> agai�et-a�l sanr�s due.
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