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<br /> � IDtJ� QN 3AL.E
<br /> � OATIdhtAL Rt1FTURE ADVI4NCES
<br /> { SA�fIN�iS FUND
<br /> �_■■�N Faw�rr No.720
<br /> ; u 33a�1 — 188 1
<br /> Loan Nu>mbe{_______..____---
<br /> � pyp�-' __r`..`�,��cn
<br /> ,;'! �I� ��i�c�i J�} ,
<br /> � M O .RTG AG E
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<br /> �.y�� . . . . . ' . . . .. �. .:�, .�. ... ..
<br /> A� TH�S MORT+GAGE,made�nd c�eecuted th�e �Y /'r��,/
<br /> � p�
<br /> � , i9 Z7 betwee�a the Martga�or' WLLI.IE�. BUANE .70Iili ON Af�ID I7 1KL�NE M �b�1Nu�`+CS�, huabxnd af�d
<br /> wi€�e �qittstly and �ach i,n their �wn right. �
<br /> � .: ........ .�.. .__ ._. .......� ..__:..
<br /> of
<br /> Fremont. Cnunty of ..,St�te a�'��brttaka hereme�i�,er r�eter�r� :
<br /> a ,� to es�ttie;Barrower anc��the i'�Icart�a�ee; F"T€tST FEDER�II,SA4�ING�AT�7D LOr1N�A�GCTA:II�N a,F
<br /> LII�tCQL1,V, �23.,r-r N"-Stree#,Lijncoln, Nc.b�raska 68;�Q1, zt..�;succPssors und asai�ns,hereisiafter refezred tio :
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<br /> �,� as,Lend�r. ��
<br /> � Wtx�v�:ss Tr� 7`1�at the t,atci Barrawer €or and �rt con�idernt�on vf the sum�f T��rt,y thousauci, , ! " �;;
<br /> , �. anc� na�LQO ....... _: ..__..... . .......:. .. .....---Dol:nrs (US�, _.,'..a,Ot?0 DQ._..... ,. . :) � � :
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<br /> „� E>aad by s8id Lend�r, does hereby mortga�e, gra:nt and c�c�v�v to Lender its suc.cessare3: and assigns; the ... ; < ;V
<br /> 7,:"a faliowin� desnrih,ed propert�r ]oca.ted in`.the County of ..--- �iall.._ , .._ ..:::. ........:>..`'-.tato of Nebr�reska: ,r
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<br />�°"� Lat Tlzirt.y�,f'3:ve C35:), Sa�s SecondS�dl,vlaian Zoca�ed in 3�etic�n .1�1, � '
<br />��.� Towmehip .11 .Nor.S:h, Range 9 Weat �f t�e 6th P:M., Hai1 Ga��xstY, ; °. �
<br /> � Neb�aska� Y
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<br />��� To c�rrect ,mort�age filed April �5, l�'77.
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<br />�� � Toc��rxee with all £he imgrovements now or hereafter erected on the pmperty, and �zll �at�emerit�, kl ,
<br /> s', rig'hts, appurtenances, rents,,royalties, mineral, qil ancl gas rights ar�d profits, w�ter,-water ri�hts, and ` ;' r
<br /> `� tvater etce+ek:And all fixtures now or hereafter attached.tv the praperty, a11 of r�hich, inciudirt� re�laee- �
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<br />� � ments a�d additions thereta,&hall be dec�med tcr 6e and rernain a part-oF the praperty covezecl,by this
<br />� Mortgaga?and all of the foregoing, together with sriid property (or the leaseholh estate in the event this „
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<br /> 3VEortgage is on .a Ieasehold) are herein referred:to a� the "Property". ' ' ' i
<br />��� ` Sorrower aovenants that Eiaxrower is.l�wiully seised of the estata hereby con�veyod snd has the ri�ht `<
<br />��t�•- tcs 3norbg�ge,+�rent aia3,convey �lae Proger;_, that the Pro�arty is unencumbered, und tlzat Barrower will ��'
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<br />�s,. , warrant and,defend generaIly th�title to the Property agxiinst,all cTsims and demands, subjec:t to any ; ?
<br />� � essement�and restrictiona:listed in a schedu�e of exceptioae to coverr�ge in any;t�tle insurance -policy in- �
<br /> � surin�L�nder's interest in tize Property,-or (2) attorne,y's c�pinion of titlu fmm a3bstr�at'of.titl�e certi&ed �i
<br /> r� by boncl�d ab�tracter_ ' '��{
<br />�' s . �.
<br />��' PRoti�inEp Ar wqrs, and these presents are execu�ed ar3d delivered upon the f�llowing condition:s,agre�- � � �'�
<br />�,� ments an�cl.obligations of-the Borrower, to-wit: : ' ,:`-�
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<br />' Tlxc.�orrower agrees ta �ay to the Z.end�r, or order the pnncipAl sum af Thirty thousaa>d
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<br />��<,v and no/1f30 � ....:.__DoIIars (US�;:_ .�..30,000 Q�U
<br /> � ,..: .,.-•-._ ....._. . ...... ......._ ...._._.: _...:... ....... ._...--- .... __) ', ; :
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<br />� '� �ayable�s provided rn u note executeci and delivececi,concu�rrEntly her�ivith, t.he firfnip ayment of. pnnuipal,
<br /> � if nat soa�er paid;on the . ...--.- �S.t.::::, day of .._.... CM�.�'......: ..... :::....., P�.200b � �,'
<br />��"� Uxrz�oknt CovEx�►xTs. $arrower�nd Lencicr covenant and agree a�follows: :
<br /> � 1. Pacyment af Prisicipai �d Intorest. Bo�rro�ver 4hall p�omptly puy whun due �hc+ pri�nci�ul caf a�iti in-
<br /> w k� ` tere.st on i-he ind�tatednes�evidenced hy the i�lute,prepayrraent and late charges as provided in the Note, ` ,
<br /> i � ancl Ghe p.rincipal'of t�.nd interesC con any Futuse Advanc�s's�ecurec3 bv t�is b4ortgmg+e.
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<br /> 2. FuEnda far Tcxas and Insurunce. Subject to LenderFs c�ption undei�pttrat;ra�hs 4 and 5 heFreof, Bc>r-
<br />� �; roaer shall p�y to I.ex�clex on the' day monkl�iy inskallments of principa(and interest are�a,yalal�amder t�he
<br />�h ,� Note,un�il the I�Tote is�iaid in fu3l,a sum therein"b uncls") equal ta onc�-iw�lfth ot il�e y�:ariy i:.l+ccs an�i
<br /> � u�sessmez�ks which macy rittain�riority over ttais Mostgage, .�ttd grounci rents crxx ttte Pxpperi,y, if s�nY lapus
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<br /> �:' one-twelf�h of,yearly premiaam axz9tmllments fvr hazard'insaarance, �atus ane-t�velftta oL yearly pc�mium inr '
<br /> '¢ sta'#lrnep�s'far mcsrt�a�e�risurance,if an_v, all as reasonab3ia estimated initiaily-anci froin tune;fc� time l�v
<br /> .3 Lender or�i.ho ti��A ofi e.ssess�.+ents and bilis arad reasanable.eHLimates tk:ereoi, T.�r..�.-s;a;I a��iv the�undy
<br /> '�• t�a pay tiaaed tsxe4;s�cR�ecmen�w,9ncurtmce prerx�iums and grc�und rents. Z;encler 41�A1k m�lcc: na chuz�i� fpr « �
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<br /> fi •� ha3diag aaad a�tplying tMe �'unds vr verif,yin� and compilin�said asses-�sments and bi11s.�'he���er sh�tl
<br />,�, give.�tk�e k3qrrrswear, �vithant charge,an ann�al accovnting of the Funsia�hnwuig crediis:and de,bite to t}�e
<br />� �' Funda aa�l the pasrposa,for whach�ach debi�#�o dhe Funds w�a mads. The Funds are pladl�ed as adc�itional °
<br /> a z �� se,eaar��y f+�ar the sa�,ms �ecured by-�thia l�4artga��. Thc 8orro.nver a�rees�hat the F�tnds nia�+ be he�d by'the �. :
<br />�,,� , I.e�den ei�ed.�oinnsiuxgled wit}s othea fan�ls and the I.ender's own f�ziad.s and the Len�ier ma�pay se:xch items ? � ;
<br /> w�s troan its o�vti funrls and t3te Lend+er shali noG b�liakiie fnr�nterest or divi�iends on aurh �und�,. "�' �
<br />�u,". � i�'th�amouat;pf��ths rFuads li;eld bg�3:enr3�r.#.o�g�ther itc�th the fuknre_monthly instaliments �vf Fpnda� �� `` ��
<br />,t pa�.�l�le.�rios to:�e c3ue�latea-vf taaes, aaseersinents, insux�nce premi�ux and gro�nd rents, sh�31 exceed ���
<br />�� the au�ars�ft.re9����1�9�id ts,ses,.assegsnrietits,is�sura�Go pre�rriurrrs snd graunc�ren�s as they fell d�re;
<br />��� su�.excei�s.,sk�&11r d�e,at$�a�osver':�upt;an;eiC�er- r�mptly repaid`to&oixnwer or�se,diled to$orrower an
<br />��€ m`cre3#3i��+;�nstellt�ments..vf.�'�ire�ds. iaf i�he amaua,at.��t�,e.�unds heid�v Lender c:hall�ot be�uHicie�t to pav .,`'�: :;
<br />� �a ' -• tszee,.assa�s�mertx�s; u�u�at��,e�ress�j�and�or�Ad zenf;�rss they: fall dtitie,fRazarovtter shal3 pay t,o Lend�r " `'' ''
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<br /> r,�� , _ atiy ar�ou�1�^n�s�•r,��a3se aip t#�e.defici�acy wiL'hin Lh�xtY days ai�Eer natice fre�m'Lender to�k3orrower
<br /> � ew��aawml»nio� vma""anM.h�, �.,�F ,..w�IL� ,rL�,� s; , .. •� t.... . i�_...:.....�a s yr. a_. � • � . --x�.`
<br /> � r�-v--� . . ,x+:.'�..a �.u�'�osi wt.ac&c uY".ua'uiai'ilay..uami.u.��uu. w.Gr 3Lua av�(�iiit'vu.. .
<br /> re;pay the`deficiecacy^v¢ithin t�e �tinnd ar�iec�uatang period:
<br /> � ��,u� }�yu1c�6�si!�l uI�ll�uuuis sec�u_*e¢�by�h�2�lort�age,Lende�ehall appiv F'unciy h�ici a�s c cre��t.
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<br /> agsaast�sums c3ue..
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