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<br /> IhIDIVIDIJAI..
<br /> DUE'QN SALE
<br /> OPTIONliL FUTURE ADYANrCES
<br /> , � � �� � S'AVItYGS FUND � � � � �
<br /> ��'� FORM N0.72G? . �.. � . �. . � .
<br /> " ���Q� �oan (Vumt�r,� 330��-- -�.8_8_;="_�__
<br /> � . � . .: . TYN9 Breanch�
<br /> > j�' 0�031722 N[ - ORTGA G E
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<br /> � � . THI�MQRTGAG�, mac�e and execated this ---.--.. ..�o..� .-----.day af :♦ .. �........ . ... A:�., ;
<br /> � i . � �.._ � �,
<br /> ,y 19 77 between tI3e Mortgagor ..Iam G R Yerk.ins ancL Janirz K P�zkins hushaxad aad.cs�.�e,
<br /> t jointl.;�..and;each�:in the3r;own.right,-•. .....:...... .:.:_....
<br /> --��-- ----. ....... :
<br /> ' '� of----'•Grand;;Islsizd:;.._.., Cavnty of ...- --:Hall _.::.:...........�}�te of... Nebraslca hereinafter referred ; ` '
<br /> , : : . . ._., ,
<br /> � , to as thc_ Borrower, and the 3btortgagee, rIRST FEDERAL SAVINGS AND LQAN ASSOCTATION 4F ' `
<br /> � ' LINCOL3�T, 1235 "N" Street, Lincoln, Nebraska fi8501, it�-se.accessors and ussigns, hexeinafter referred to
<br /> ' ae Lende�.
<br /> i WiTr��ssr,Tx: That tha sa�d Borrower for anci in consideration of tbe sum of _.k'QIT�T.�EN:.THOASAND. -- -
<br /> � r .�QUR_'HL7iTD.REA._61�_:I3Ql.7.4A-. ---�------ - ---- --�--- .. . . ..---. _..-�ol:ars (US$..__3.4,.49Q..QQ:: .. . --.)
<br /> r } paid by said Lender,does hereby mortgage, grant and convev•to Lender; its successors and assigns;.the
<br /> , � , following described property`located in tk3e Coimty of;. __.._.__.Ha�..7....... .:..:...... State of Nebraska: ` - ' ` ' ( '
<br /> �L s . Lots Three �3) and'Four (4), Block Three (3)� �'1ginaL Town of' Cairo, Ha11
<br /> � ; Couzity, Nebraska y'"
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<br /> "� Toc�Txex witka all the ir�provement.�s now or hereafter erected on the property, and all easements,
<br /> � rights;<appartenanc�s, rents, soyalties;tnineral, oil and gas rights and ,profits, waCer, water rights,:and :
<br /> water stock,:and a13 fuctures now or hereafter atta.ched to thre property, all of which; inciuding replace- "
<br /> s ments-and additions thereto,shall be'deemed to be and remain a part of the property covered by t�is
<br /> � Mortgage; and all oi'the foregoing, together with said property (or the leasehold estate in the event ti�is
<br /> „ � ` Moxtgag�is on a leasehold) are herein referred to ae the "Property".
<br /> ,,' ; Bomower-covenants that:.Borrower is lawfully.seised of tfie es#ate_hereby conveyed and-l�as the right
<br /> +` � to mortgage,'grant and convey the T'roperty,that the'Property is unencnmbered, and that Borrower vvill
<br /> � warrant snd defend generally,the title to the Prap2rty against all claims nnd dernands, subject to any s
<br /> easements and'restrictions list+ed in a schedule oi exceptions to coverage in any title insuranee policy"in- r-;
<br /> s � suring`Lender's interest in the Property, or (2) attorney's opinion of title from alsstract of title certified '�,:
<br /> � . f by bonded abstracter.
<br /> � � , Pxov'mLn ALwaYs, and ttaese presents are� executed and delivered upon the follc�wing conditions,agree-
<br /> � ments an.d obligatio-ns of the Borrower, to-wit:
<br /> �k . . . : . .� . .. . . . .. . :� : .. . . .: .. �. . . .. . � , �� :.,
<br /> � The 33orrawer agrees io pay to the Txnder,or order, the principal surn of _:.k'QT.7�tT�HN_._THOJISAND_;EOUR ' ; '
<br /> � , � ..ii[14ID�II-.ANII..N�-7An _.....:__ ......_.. .--- --.-- - --.---....-:�ollars {US g--3.R:;.44D...QQ:. .. .. .=--•�
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<br /> payable as proqided in a note executed and delivered concurrently hercwith,the final payment of principal,
<br /> y' if not soomer aid, o�the_..._.1st June --.----- .....:.... .....:c�g..2002
<br /> r.. r p ...._.. ._--- day of_.. .. . -
<br /> � Lh.rrr~uanz CovEivnxTs.Bors�ower and:Lender covenant anct agree as fc311ows: �
<br /> 1. P¢yment of Principal aud Interost. $rirmwer shall pro�ptly gay c�r?�en due the principal af and in-
<br /> r'� ; terest on the indebt�edness evidenced by the Note,prepayment and late cl�arges as provided in the Noie,
<br /> � and the p-rincipal of and interest on any F'uture Advances sec�red by this Mortgage_ �
<br /> � 2. �'�ds for Taxes and irisurance. Subject to I:ender's o�Lion under paragraphs 4 and 5 hereof,$or-
<br /> } mwer:sha.11 pay to Lender on the day morithly installments of pxincipal xrid interes�are rayz�le unde:t��e
<br /> � 1Vote,until the Not�is�aid in full,a sum (herein "Funds") ex�ual to one-twelfth of the yearly i�axes and
<br /> � assessmec�th which may attain �riorit,y over this Mortgage, and ground xents on the Property, if any p]us �
<br /> one-twelfth of yearl�preixuum instalLcnents for hazard insurance, plus orae-twelfth of yearly premium isi-
<br /> � 2 . . 4nii�M.+.'.uv F �w. f� . . ii�.a.. �nyy � �. Ll _ � ..._� y... : .
<br /> * � .,........ t..^.�^8 :I.,..:�: �.. �....,y� u �u6 ac�o.3val'auay cai.uilai.ci.��.ia i,i&��;Y uaau a�IY'i �aiu2.� tiTYlc �'35*
<br /> Lender on the basis�f assessments and bills and rPa:onable estfnu�tes there�of,Lender shali apply the FLusds
<br /> to pay�aid taxe�s a�GcsRment� msurance gremiuma �nd nround rents. I�ernder shall make no charge f�r so
<br /> ? hotdin� a�d appiyart� the Funds or ver�fying and compiling said assessmenCs and bills. The I.ender shall �
<br /> v!y_ ±n��,1-h�R�.:..v....��',l.L::,,,.t�.....�:v.6,.,:'�.�,..�.r;usssl sccaunt-:�.-ig cf the��;:nds€hoti::7b��reu�ity...__�?�.:•�e�it�t�t�e . �
<br /> � �nds and the purpose for which each deb�t'to the Funds was made: The �unds are pled�ed as additional
<br /> � seeurity.fc9r the:suuis secured by this Mortgage. fii:9e B�rmwer agrees tha�tl�e Fun�s may'tr� held 5y tiie
<br /> I.ender aiasti,coTn**+;�+gled with at,her funds and the I.ender'.s ovv�funds and the Lend+er may pa3 such items
<br /> trom its zrwn ivnds and the I,�nder �hali �ot be lia�le for intPrest or�1ivi�._�lends on surh Runds: � =� �1
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<br /> ; if tk��ammuit a��he Fund�held b�Let�der,tagaether witii tne £uture monthiy installments of Funds :d
<br /> � payabie prior to t,i�e dae dates-uf taxes,assessmez�ts: insurance.premiums and grou�d rents, shall exceed
<br /> a the amourat a�equired topa y eai�d tases, as�sments, �nsurance
<br /> � � saeh,exeess,ahail t�e;at Boramwer`a a tion,either rom tl re������a�d ground rents as they fall due, ,
<br /> mont�i p p p Y �;d�$ornower or cr+edited to Bormwer on �
<br /> , y i��s#sllmen#�oE�'und�:�f the-amoxwt o#t:3ae Funds�eid by Lender�ha13�ot be s-xaffi�cient to pay :sw, Y�`
<br /> tAxets,:a&s�.as�m+�zit�.�a9uranee�as�miums and grouad-rents as �hey fall clu�,]3orrower shail gay to Lendar "�,'_,
<br /> ri � : any annoi+rxt mecessary:to ma��up ti�e•de�ie'cency a�vs�tlin�hirty days sfGer notice irom Lender to Borrower -'K��p
<br /> �+4�����"i�Y�eR!t latlsez•anf, or Borrasver �hall,,hy an lncrease ira monthly installmsnts of Funcls required, �-''; '
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<br /> repa� the de5tiency �withi�the Fund accrsuatis3g pe�iod.
<br /> 'Ci�n �ymenz�n iuli of s33:sums seetared by Lh3s Mortga�e, l.ender s2�a�i appiy 3�'unds helci as a erecY3t
<br /> � � � agairsst ail �vnts dua � � � �
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