|
�: � �
<br /> «�+
<br /> � ',��:�k.
<br /> �` � �
<br /> IIYDIVIDEJAL
<br /> �� DUE ON ^.,-ALE
<br /> � OPTIONRL FUTl1RE ADVANCES
<br /> �� SAVINGS FUfYI�
<br /> FORM No.320
<br /> ,--�; ��l•'�' Loan Nurrkber_ 33489---—�.$��"'a�;"��n
<br /> �
<br /> . �
<br /> t ; TJ.U[�`�$�O . � O R T G A 'G E
<br /> ,,
<br /> � y THI3 MORTGAG�, made and esecutecl thas .�+v t3ay of ' .."''�e�'��y A.�.,
<br /> a 19.__7_?..,b�etween the Iv�ortgagor E..,I?ean.:Wolf�.and Jssr€ith Wa.fle husbancl=.anH wifer..,�ointlx. �
<br /> ' � and eac.�:3.n their own r�. t -� '
<br /> fi .._._ �?..±._ . ..... ... .. .._ .. .---......._..._.
<br /> af..:Granc�.Island . County of Ka11' .....__,State of �'?ebraska._:::..,hereinafter referred
<br /> � ............._._, ...._,--•.._. .... .
<br /> to as the Bbrmwer, ancl the Martgagee, FIRST FET7�RAL BAVINGS�AND L4AN ASSOCIATTpN OF
<br /> � LIi�ICOLl� 3235:"N" Street, E.incoln, Nebraska: 6850I,its successoTs �nd assigns.hereinafter referred to
<br /> � �
<br /> " as Lender. . ;
<br /> , y
<br /> 4 � WzTrr�ss�xx Thqt the_sazd Borrower for azid�n conaideration oF the sum of �TRTY FTVE THOT SAND
<br /> ;, SIX HUNDRZB AND NO(100 ' -•--__....._.Z1nZ:aas (I.1S$. _35,600 00 )
<br /> � , -----•--- ,.-._...- -•........ ........ ......•-- -....__: `
<br /> ----_... . . _.._.. ._........__ �
<br /> paid by said S.ender,`tioes herelay mortgxge, grant and convey to Lendar, its successors and a4si�na; the
<br /> " following,d�scribed property located iu the County of Hall ,._:_: g,�ate ot Nebrflskai "'
<br /> ? Lot_5�, Wolfe's Subdivision to the Cit,,y of Grand Is�and,
<br /> � i H'a11 �ounty�`Nebras&a.
<br /> i:
<br /> a
<br /> j 'r
<br /> d � 'Toce1�tEa with all the improvernents now or hereafter erected on the property, and atl eas�ments, `�
<br /> w,, rights, ap�r�urtenances, rents,rroyaiLies, mineral, ail and gas rights And profits,:water, water cighta;. and '" �`
<br /> , � �� � �,
<br /> ; water stocln.,,and u11 fixtures now or hereAfter attached to �he property, all>of wtaich, including replace- ;.
<br /> i ments and'-additioas thereto,shall be cleemed to be and.'remain a pnrt of the property coveced by' this - .i:
<br /> � ` Mortgage; i�ad all of the #oregoing,to�ether witY� said pro ert
<br /> ,�� p y (or the leaseholel �estate in xhe event�this �� � �� ',,
<br /> } , Mor£gage is on a leusel�old) nre herein. referred to as the "Property".
<br /> F' j Bnrmwer covenants.that Borrower is lawfullv seised.of the estate hereUy conveyed and has tkte right�
<br /> to mortgag�e, grant and convey`the Praperty, that the„Property is unen�urnUered,:and thats$orrower wili
<br /> , ,
<br /> _,. warrant and defendsgen�rall}the titie to the Progerty againsi aii ciaims anu dexnr�nus; subject ti, �2y ` °:�
<br /> � �`. ,� easements and restrictia�s listed in a scliedule of exceptions to covernge in any title insurance ��olicy in-
<br /> g suring Lender's interest 3n the Propertv,or (2) attorney's opinion of tit3e froai abstract of'title certified
<br /> � �� , by�bonded abatracter.� � _ � ' � :
<br /> !' Paovta�u ALwaYs, and these presents are executed and delivered upon the following conditions,agree-
<br /> ments and yo�ligations o#the Borrower� to•wit:
<br /> , }
<br /> �' The Borrawera6rees to pay to t�ie Lender;or order,the principal s��m of ,.YH�,RTY„FIVE,T..H¢i)��jy�,
<br /> _Su�, t�UNI21tED ATID::NO/,100_. . _.::.::.---•--...-" -------- 35, _6a0::00.._._ .
<br /> � , - , -. �ollars (tJ5$ _ .r . .. _ '. ....)
<br /> �� ; payable as provided in a note exec:utec�and dehvered �on�urrenLly herowith;the final pnyment of principal, `
<br /> iC not soone�-paid,on the._ ..firs�.:.:...__... day of :....,...Apri1 ..... ...... . .....19:.9.�_.� �;
<br /> Uxieq�nt.CavExnxr�. Borrawer and Lender cvvenant and agree t�s follows
<br /> � �. 1. Pay�ent of Principal cmd Interes� Borcotv�x shall promptly pa}� c�hen clue tht; principal of and in-
<br /> � terest on th.e indebtedness evidenced by the Note. prepaymeni�and laie s:harges as Urovid�,d in Y.he Note;
<br /> and the piicacipal of And 3nterest on any Future Acivances secured by this ��Iortga�e.
<br /> 2. Fua�:s for Tcnces mid Iasurmice. Subject tv Lenc3er's o��iiun under paragraphs 4 and 5 hereo#,Bor-
<br /> m
<br /> rower shall�ay ta Lender nn the clay rnonthly installments of principal�d interer�t arc�Yagable unc3er the
<br /> Note, until�he Note is�aid in inll;a suni (herein "Funds") equal to ona-twelfth �f the yearly taxes und
<br /> asses�ments tshich atay a�tain�riorit,y a�ver this iV3ortgage, and ground rents on-the Property, if any plus
<br /> one-twetfth +oE yeariy.pr�mium.znstallments for l�azard insurance, plus one-tweifth oF ,yearly preinium in-
<br /> ;° � : stallments for;mort�age insurance, if arfY, all as reasonubly e,stirnated initially arid iram Lime ta tisr�e by
<br /> Lexider on tl�e basis of asser.sinents and bills xnd reasonable estimates ther�of,Lender shall ata�pl�the� Eunds
<br /> #o pa5�snid�axes.assessr.iezi[s,i�suranc�preinizuus anu grout�u ieaiia, ic:ncier�i�aii �.iimi.e ,��..�iia.�o f�r s;; �
<br /> r , hoiding and nppIyirxg th� Funds or verii,ying and compiiing �aid r�sse�scs�t�ts ttr��1 Ui1L�.Tl�� ;�end�r shatl
<br /> give to the I3ormw�r,wit�avt c2iarge,ane annual accounting o#the�unds�howu�g cred'ats and debits to the
<br /> Fun�s and t�e purpose fo�s which each debit to the Funds wt4s mz�de: The Funds ure pledged a�s adr.litional 4
<br /> ts
<br /> ' security for fthe kvms secmred bv thie M.ortgage. '�`he Borrower agrees that the Func�s rnay tie held �Y the
<br /> Lender and.cornmin�led cviGh other funds and �he Iznder's awn funds and th�Lend�r may pag such items � n �,
<br /> from i±s own tundx and tlie Lender shafl not be liable for interest or �lividends on sucli �unds. � `{n.,
<br /> � If`ttae.aanount o#the Funds held by.I.�ander,#�gether witta the #utune rzionthly �nstailments of Fuand� �" �'
<br /> �r„`�,,;, ; the at�o��a i�the due dates o£taxes, assessmen#�s,. insucance premiums� and graund rents, shali e�ceed ,
<br /> ��� �s �
<br /> {: m��°�4�iired to pa,v t�azd#.ases,,assesaaients,,insurance-�rem3ums�d ground�ents as they fai3 due, t
<br /> E ' ��a�l�r,at ia�x3uwer's optiosn, eitiser promptly repaid to$ornvwer or credited 4c� Borrawer on <�*v,
<br /> k
<br /> ' �ents of ��ds. If thc:�at��rur�t a€ the k�.cads�eld:�Y Leneier shsil�ct tie su!?icient #��A�. �°�"�
<br /> _ taa�es> assessz�l�nts,i�xursa'tce�rezniums aud�rouncl<rentc aR a�hrv #all c�u,F*, �3orniwer chell �aay tn T..�n�ier r� :
<br /> any amount.�acessary t�o make u�the dtie&ciency sv�ttain thirty days after�otice frorn Lender to Borro�ver .�''
<br /> ' z�questing,�ays�zeut thereof, oa Bormwet ss�a3�. by an incre.sse,in monthly�iastallments of Funds required,
<br /> ; repay the de�it�mcy �vitlties� #he Fvnd a�ounting period.
<br /> U�aoa p��ent i�fu1L a3 ail sums seyeut�d by ftl�is Mort�age,Lender sisall apply Furids haald as s credit
<br /> � � � �gain�st s11 au�i�due. �
<br /> ,.. i �
<br />�
<br />
|