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<br /> iRlDIVIDUA►L
<br /> � J��O��S;� OrUE ON SALE
<br /> �` dPTIONAL FUTURE'ADVANCES
<br /> SAVINGS FUND
<br /> :, ��.�' FORM No.�zo Loan Number__ 32657 ----- 188 _�__ 1__
<br /> �. ... . . . � . . :. . TYl�e Brtn.ch
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<br /> ' ?7-, :��2��g M O :R 'F `G A G E
<br /> � � THYS MQRTfrAG�,made and executed this rz��e/. da of 9�- A D., °
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<br /> � � � Rabest John Ba.�cex and �Sud ��L Baker' husband and wi£e�� ��� � � "
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<br /> �. i ` 19?�` '.a�"taaen ti'�e Martgag�ar ......... Y ' ..................�- . _:
<br /> + ' ,.�ointlsr and each..iu the�.r own rightz. ... ----- --....:__' .......... .:.........-•-•----....---•----�.._. .__.......__._.. .='i:,
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<br /> f `. of._._�:_Grand.:Islan;d.----, Ca�nty of: 'Ha12 .-...---..:;State of . Nebraska _...,hereinafCer referred !
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<br /> ' to as the Borrawer, and the"��Llortgagee, FIRST F�DERAL SAVINGB AND LdAN ASSCICIATION 0�` ;' •' ` '
<br /> �r � I.INCOLN, 1235 "N"=SEreet; 7,ineoln, Nebraska 6$501,ifs suecessors and assigns, hereinafter referred to
<br /> � ,..� as I.ender, , ,
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<br /> � WYarx�.ssExx: Thut the said Borrower for and in cons3deration of the sum of THIR� �3�� xHqtkSAND ,.
<br /> , . QNE_3itTiIDREIl.:�._1U0�140._.-- --•----. .....--- -----... ......___.._r.,Dollsrs (US$....�1:�:l..QQr.Q�: ._....:.__) ';
<br /> � � paid by said Lender,does.hereby mortgage,grant and.convey to Lender, its-successors and assigns; the ' ':. +
<br /> "`, ` following�described property+located in the County of ...._.H��� .:...---- .. ' State of Nebraska: ;. �- '
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<br /> i �R Lot Nineteen (19) in Block Two (2) ' rdens, ` ' �'
<br /> , , in Continental Ga_
<br /> an Addition to the City of Grarzd Island, Ha11 County, Nebraska. ''. '"'
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<br /> 1 .$ . . � . � . . . � . � . ,., : . ..,, .,:
<br /> w �h . . . , . � . , � .� . . � � .
<br /> 3 -� . . � � . .. � . . .� .. � . . �.
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<br /> ` � Tac��xEs with all the i.naprovements now or hereafter erected on the proger,t,y, and alE..easements,
<br /> }M � , rights, appurtenances, rents,aoyalties; mineraly oil and gas rights and profits, .water; water rights,;and
<br /> � : a.
<br /> y water stock,,and all fixtures now or hereafter attached to the property, ali of which, including repIace-
<br /> � mentsancl additions thereto; s�a11 be deemed to be and remain a part of the property covered by this
<br /> xs ,� Mortgage; and all of.the foregoing, together with said propertv (or the Leasefiold estate in the event'this + � �
<br /> � Mortgage ia on a leasehold) 'are herein referred ta as the "Property": ` I
<br /> � ,� Borrower covenants that Borrower is lawfully seised of the estate:hereby conveyed and has the right
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<br /> '� to mortgage,;grant and.convey the Property,that the Propertg is,unencumhered, and that:Borrower will
<br /> �� warrant and defend generally the title:to the Property against all claims and demands, subject to anv
<br /> easeznents.and restrictions listed in a schedule of exceptipns to coverags =_n any tit3e insurancE po2icy in-
<br /> ` suring:Lender's interest in the,Property, or (2) attorney's opinion of title from abstract of title certified
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<br /> r by.bondeci abstracter.,'
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<br /> 13Rovrnsn Az,was�s,;and these presents are executed and delivered upan the failowing conditions,agree-
<br /> : ments,and obligations of the:Borrower, to-wit: ; ''
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<br /> `� The Borrn�ver agrees to pay to the I,en�3er,or order,the principal sum ofc_..THIRTY NINE THOLiSAND ,
<br /> � .OAI�._cHITNAAFA:_�ND_NO(lOp._:,-_ .-.-•..•_ - • ---,• _-.—'_:Dollars (US $._39.;:100 00_':,
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<br /> � � 'payabie as.provided i.n:a note executed an�l delivered concurrentl,y herewith,.t•he final paymentof pnncipal, '
<br /> ;� if not sooner paid,oa the_.....--__..ls:�--•-----day of.-----.:�T�az1e...-,- :--•--.:.-----..�Ct�C..�QQ6 ' ;
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<br /> „; UxiFoaNt CovErrP,NTs. Borsower and Lender covenant and agree as follows:
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<br /> ,,., 1. Payment-of Principal and Interest. Borrower shall �romp�ly pay wt�en due the principa�:of and:in-
<br /> terest an t3ze indebtedness evidenced.b the Note,
<br /> F ,s y prePa,yrnent and late charges as provided in`the Note,
<br /> . and the,principal of and interest on any Future Advances secured by this ?�Iori;gage.
<br /> �� 2. Fua.ds for Taxes and Inszarance., Subject to Lender's optaon under paragraphs 4 and 5 laereof, Bor-
<br /> ,��' rower;shall pay to Lender on<the day mor�thly instailments of principal an�i interest are payable under the-
<br /> _� Z�'mu�e, �antil the:Note as paid in-full,a sum (herein"Funds"} equal to one-�welfth of the yearly taxes and
<br /> ;•� ahser�a;en�-s�hir1�may'att.�zn 7srioritY ave�thi�A4artgage, �ncl,�round rant� on the Pmpertv, sf ant nlus
<br /> ' one-tweiftl�s of yeariy urecniium..insta3lmen�s for hazard.msurance, plus one-twelfth of vearly pxemium in- -
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<br />�' � ctallmsnts #oz mortgage insurarar.e,iy any_ ul;a� r�s�nably esti�nateu' instialh� ancd �rom tiz:c to time b,Y �
<br /> , 3 ender on�he basis of assessmex�ts and bills mn�i reasonable estim�tes therevf, Lender shall apply the Funcls
<br /> �o i�ay ssiC�'t.axes,assessments;ansurance prenuuuis aa�u�;ruuucl renl,s. Leneier aF�aI2 iuxke nu Lharge i+�r so
<br />� Yioldiq�'aasi appiying the Funds or veriFying and co�plling saici assessments and bills.The Lendcr shall �
<br />,. M �,ivs�to.the-Borrawer, �svithout c�sr�e,an szinual acc;onxxting af tYie Funds s�owing credits anri debits ta ine
<br /> � Funds and t}ze purpose;for whicE�each'debi�t to the P'urids was rnade.The Funds are pledged as addit3onal �
<br />� ;F secnxi�Cy`for the sums secured b�this Mortgage: The Borrower agrees that the Fund�s may be h�ld'bv the
<br /> � Lender az�<i con�miz�gl�d:.with�otber funds and the Lender's own tu�ds and�he I,ender mt�y pay such items �����y�y��
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<br />� i from its own funds and:th�I�xaidex shalt reot be liabl,e,for interest or divicl.+ends on such Funds. �;y � .. �
<br />� ,� If the�upo.unt o�the Funds held by Lender,togesd�er with t�e future �nonthly installmenla of Funds �- "`�r
<br /> P�Yabie gx'snr to,the due datnes xs#tases,ass�ements, insuranee:�remiums and gmund;rents, st3all esceed
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<br /> a�' "� t�s a�tan�ra4uiT�et 9:a p�y saici lxiaces,aa�esments,insuraz::2 g.-�iums an�i ground reni�as Lh�v fati due,
<br /> s�rch'�x�ss �hail�,'at$omswe�'s o��tion, eithar pm�ptlp repaid to Bo�^noavc�r or credited tc�Borrower on �,
<br />�� ' mutt�i:r'ii�tsllment,�s�f'-Fvanr��, If th?st���rtt esf tktc:�`tttts�s�e3x3 tt.:i.�,',.4-�r_L..,a_.�x, r.,�,.�
<br /> y �,,.z..�>,..„c sa:�cient to pay :�„
<br />�. �ax�s..,asseSsrDeazts,iasurAru:e pxaemivau�-aaa�tl gr�und :+en#a nR the�v fnil di1P� t3ar_vwer shall gxy to Lencler , 4;.::,.
<br />' , any a�utttu��aec�eAeary'to m�ke:saF the dslCci�ney wi�Ci�in:tivirty days after�aticz from Lender ta 13orsower ,��.:'
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<br />� �1��'�sag �aY+�en� '�ereo�vr�orr�w�r sha�l,:by azt increase in monthl�insGa�lments of FuAds required,
<br /> g � repax the.c�eficiea�ey z�t3�in the �unfl a�aeo�nt�ug pez�d.
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<br /> �F�� !�3'm�nt i�s Sull.of a11 suats secus�ed by�is Mortgage, �,ender siiall upi>iv Funds heid as a crec�it
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<br /> �; a�aipst all s�z�s due.
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