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<br /> tl�DIVIDUAL
<br /> DL1E ON SALE
<br /> � OPTIONAL'FUTLJF2E ADVANCES
<br /> F� SAVINGS FUNd
<br /> FOMM No.720 �
<br /> ' �� Loar� Number.���3I?.94---�J..88e_ `--1;e�h
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<br /> ;; 77- �0�.$'�6 : M O R T C� A G �
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<br /> ; 'I'AIS MORTGAGE,mad�and executed tFus ::..:._ .�.7. _ .. ..day of..:... '� : .._A.D., �
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<br /> � 19__..7-7:.,between the lvinrtgagor,..�7.qhA...P.....Ma.c£d�n:_an.d:..�a7.eaae..R..'..Mad.den,;:.hushazfd..an.cl._uEife,:.:...
<br /> ' �Q��:7,tY az�.d-e�ah in...th��.r...nwss.=_zigh.t� - �..... ........ - ---._... _.........__ , ,
<br /> t of --.--��:?Fg��Y:: Gonnty of .:. ..Lincolti._- _......,State of:..N�bzaska.__.....,hereinafter referred `
<br /> - �----., ....,
<br /> � to as the Bvrrower, and the lyfortgugee, FIRS�' FEDERAL SA�JINGS_ANI7 LO�N ASSOCIATION OF
<br /> '' LINGOLN, -1235 "N"'Street,r Zincoln, Nebraska 68501; its successors 1nd assigns,hereinafter refesred to
<br /> i �s Lender.
<br /> ` WixNF.ss�Tx: That the said Borron•er tor and in consideration of the sum a£?HIRTY.FIVE_THQTJ$.AI3D
<br /> `,'3 ONE HUNDR�D'AND.NO/100---- ------ -----------'�ol:ars(US�a_35.,.100-00, - ---- ...:_)
<br /> � _..._._ .... ... .. ....•- --..__..- ---... ._..__...--- --...._........... _._.
<br /> a ' paid by said Zender, does hereby mortgage, grant and convey to L.ender, its successors and assigns; the
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<br /> „i follocuing described.property located in the Count,y oP ...............Hall... ;__.,.,, , State of Nebras3:a:
<br /> !:$
<br /> � Lot Seven (7) in B1ock Two (2) in Wieser Subdivision, beine a part of
<br /> :,i ` the West fial�' of the South;aest Quarter �W�W,t—,_) of Section`Two ,(2),
<br /> F Towuship Ele-�ren (11) North, Ran�e Ten (?0) West bf the 6th P,M.,
<br /> o , :� Ha11 County, Nebrasl�a.
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<br /> * TocETxER with all the improvements now or hereafter erected on the property, and all easements,
<br /> � rigSits,appurtenances, rents, �oyflities, minerAl, oil and. gas rigiits and profits. uwater, �:ater tz�hts, und
<br /> water:stocky nnd ail fixtures now or hereafter attached to the praperty, a1Lof which; including replace-
<br /> k rnents and additions thereto, sl�all be deemed to 6e and remuin a pnrt of tUe'property covered by this
<br /> x r 1VIortgage; azid all of the Sore�oing, tagether �vith said property (or the leasehold estate in the event-Chis
<br /> ? Mortgage is on a'leasehold) 'acre herein referred'io as the "Property".`
<br /> � Bormwer covenants that Borrower is lawfully seised of the estate herebY conveyed and has tlxe right
<br /> f to mortgage,grant and convey the Property, that the Property as unencumbered, and thaC Borrower will
<br /> �: ' warrant and defend generally the title to the Property against all claims and ciemands, subject, to any
<br /> easements and restrictions listed in a schedule ot excepti�ns to eoverage in any title insUrance policy in-
<br /> s 4 suring Lend�r's interest in the Property,or (2} attor;iey's opinian ot title irom abstracL of titie c�rti6ed
<br /> ;"'; - by-bonded absEracter: „
<br /> J PxovivEn ALwnYs, and ttaese presents,are executed and deliverecl upon the fallowing conditions,agree-
<br /> ` ments and aUligations of the.73orrotiver, to-wit:
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<br /> The Borrower agrees to pay to the I.encler, or order, the principal sutn of TH3?iTX._.���.:.�HS�U�ANR:_._
<br /> ' OlyE,,liI,JNpRET3 AND;NOf 100 ------.--------------------------�ollars (US�.__�So lOQxQ9..:-- -- -.•.--)
<br /> y ...--�.............-.---.........._..._.
<br /> payable as,provided in a note sxecuted and delivered, concurrently herewith,lhe fix�ai pa,yrnent of principal,
<br /> � ; if ziot sooner paid,on the`::.....3st........._._ day of.:.SunE............. ......... ....__.., �K_.2DD6'
<br /> UxiF�aiu CovEivwrrTs:Borrower and Lender covenant and agree as follows
<br /> 1. Payazent pf Principal.m�d Interest. $orroiver shxil �iromptly p3y when due lhe principsl of and in-
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<br /> terest on the indebtedness eviclenced by the No�e, prepayment and late charges as provided �n the Note,
<br /> and the principal of and interesC on any Future Advances secure� by this Mortgage.
<br /> 2.Fuada far laxes and Insurance. Subject tv Lvn<ier's oE::,ic�n uttdex•�aragra.phs 4 and 5 her2of,$or-
<br /> rc�wer shall pay to Lender on #he da,y rnonthlv inetallments uf principal an<l interest are paYable under lhe
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<br /> � Note, until.#lie Note is paid izz full,a sum (herein"Funds") eqval tb one-twelfth of the yearly taxes and
<br /> ,;i ;; ' a�sssssments �vhich may Attain priority over this Mortgage, and g�'ound ren�.v on t3�e Property, if any plus
<br /> + one-twelfth o�yearly premiurn installments for laazt�rci insurance, plus one-twelftl� of yearly premium in-
<br /> stallmenfis for mortgage insurance, if any, all as reasonabl,y estimuted anitiall,y An�l fram time to time by
<br /> Lender on the basis o#assessments and bills and�'easonable estimai;e:s thereof,Lenaer:shall apply the I'unds
<br /> ta pay said'�rixes, �sse�ments,.inauranee precriiums and ground ren�s, Lender sha31 rnalie no charns for su
<br /> i�airiiang and appiying ihe F'unds ur verifying ar3d com�iling saiu assessss��nts ar3�?bill�. The Len�tr sl�all
<br /> give:tp i.he E3orrower,without �charge,an annual accc•anting of th�Fur.cis sho�t�i:a� credit,s and cie'n�rG io f:ne
<br /> r unas and tia��,ur�xss�for wh�.h e�ah debit to ttse Funds was ma�e. The Funds are pledges3 ae adc3itionai
<br /> :. ; ' security f�r the suius_secured l�y this T47ortgage. The Borro���er abrees ih�t t.he Funds rnay re held I�y the
<br /> Lemdex.and commang?ed with cither £unds and t�se Lender's awn f�unds and the I,ender mav p�y such iLems
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<br /> . from its own funds and the`L�ender:shsll,not be liable for interest or dividends c�n such Func3a - - '�
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<br /> � If'the srnount of the Funds heid by Lend�r; together with tk�e future monthl.y insLal3ments of Funds ,f�. �'"-s
<br /> ' pa�rable prior to�he due dates of tases, assessnxents, iasurance premiqama and ground rentb, slial3 :exceecl �.
<br /> z,� the amottnt required tc� ay sa�d ta�ces,assessm�is,insurance prenuume and grouz�d rents as they fall due, .��a�"':
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<br /> �_ such excers:,sBall�ae,at Borro+wer's ogtion,eithe�pramptly repa�d t•o Borrower or crediL�:d tA I3orro�sver on �'" '�'
<br /> ;', mpnt�ly ins�allmen�.5,nf Func�-�. if the amount vf tlxe �'unds held hy I.ender Fhali not be sufficient to pay Fi �f
<br /> „• , t.axc�s;,,aecseea�x�ezxt�, insurai�c:e �remiuws un�i gr�zrn3 rents as Lhe�fati due, Borrcr��ez sha33 �sY ta ��ender ` "*.,
<br /> 3zz3•amouut.necessrzza* to m�:�'up t22e;'�efieie�c�vtithin tt�irty tl�}�s after noi.ic+� ��rn T:,�n�#rr fai E3c�nYiwer
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<br /> requesting,payment Lhesepf, o�r Borrower sha�l, 1�y an increase:ia monthlY installments of �unds required,
<br /> rel3ay the de�ciency within th.e Fund aerounting period.
<br /> LTp41t gBYmeTtt:zt'£ull of�11 sR�s 4ecu7CC� b�'this?�3n�fiPS'�, ��nti�r shall ai>����ro Fi�n��hei�1 ac a credii
<br />, � agai�t all suma dne.
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