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<br /> �4pG3�� f!�"Tlt?1M1� PUT�RE AOVANCl..^S {
<br /> SA'VI(YRilR FUND I
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<br /> 'y ;� T �'�1��357 M O R T G A� G E :i
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<br /> f.; 'THIS MORTGAG�,mader and eseccated this_....c�.�`Q....... ...... day at.._� ....... ...._._._..._: A.�.r . ,,3?�
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<br /> � I9.7.Z_-__.,kretweeas th�M4sxtgagor ...:.G.azy I....W311ie1m. aud Paanela..J_ Wi lm, hs�fiand. .and s�.�lEe, ;!
<br /> ',. ..�°in.t�7.y-•a�d:�eacJa..1r�..t,lie,i.�_awn...xight� . _ .... .. .-•- - - .,.---- .....---.:.: ;
<br /> � , nf...._S��'�X��..�4.�,,�tts�-=•--•--_,G�uttty-af... ._.:..:..H�R�,_;...._...__::,�tate af_..P�Jeb.�aelca:<:_....hcreinafter refErred I ; :::
<br /> to as thie Borrower, and the Mortgagee, FIRST' F'EI?F.RAL SA.VINGS AND LOAN ASSOCIATION fJF �
<br /> R� LINCQLNw 1�35 `"N'"Staceet,Lincoln, Nebraska 65501, i#s successors and afsa"sgna,hereinufter xeferrecZ to '
<br /> � as I,ettcle.r.
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<br /> � x WITN�S3ETtE Thnt the saicl Borrower for and in cons�deration oF�he surg of THIR'TY THOL75AND f � `
<br /> ' �IGET� HUNARED r�m N�D/1f10: _.:�oL'ars (U�s'$ 3tlx80+0 00,--- -... '
<br /> 2�� ' paid by s�d Lender, does.hereY�y mortgage,grant and cunvey to Lend�x, it� successors and asaigns; t�e �
<br /> z;`� following descrxbed prop�rty located in the County of:.: ..:.:.... ......:.F�all..:.__,State of Nebraskaz. .: °. `' ' '
<br /> 1 = �
<br /> ,�� I,at Nine (g) Virelen Subd�vision in tIae C,i-�y of Gsand Zslend� E3a11 �ounty,, �
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<br /> ��; Toc�xHEa witte all t�e impmvements now or hereafter erected on the property, and all easemem#s,
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<br /> rights; appurtenances, re�nts, royalties, mineral, oil and gas rig'tits and profits� water, water rights; and
<br /> water stock, and al( fixtures now or hereafter attached to the ro ert '.: '
<br /> p p y, all uf whioh, incIuding replace- s
<br /> k ments and additions ther�to,shali be deemed ta be and remain'a part of the property, cover�d by tl�is a
<br /> s„ ,� , Mortgage• and ail of tfie" forega3ng, together with said property (or the leasehold estate in the event tliis "�Y,�
<br /> Mortgage is on:a leaseha3d) ure herein referred'to as the "Property". ' `
<br /> M�� Barrower covenants that$onower:is lawfully seised of the estate h�erebq conveyed and has the rig�t
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<br /> to mortgage,grant and convey the Property,,that the Property is unencumbere�d, and'thaC Borrowes,will " '; ,`
<br /> �x - easements and;�n� generally the tatle to.the Property against.all clai�s and demands>subject to ai�y ; „ { :
<br /> w�rrant,.and def '
<br /> estriction�iz,ied in a schedule of exceptiona to caverage in any title ins�rance-palicy iai-
<br /> ''� surin Lender's interest;in the Pro ert or 2 "attorne s o inion of tit3e froru abstract of titIe certified '
<br /> F% P Y�. � )' y' p`
<br /> 'by bonded'absti�ctea �;"
<br /> `�{;` Pa�Yin�n ALwaYs, and these presents are executed and delivered up•on the following.conditions,agree- y
<br /> ��vx znents.and abligations of the Borrower, to-wit; ,:;
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<br /> `r=,� `!'he Borr�,wer agrees to pay to the Lender,or order; the principal su�n of.:THIBTY._:TIIOUSAZ�D.�.E=GF.lT
<br /> � H3R�IDRED�9N.i�t..�i.Q11�0.._---....--- . ......— ---...:. .....:.. ....:::__�7ollars(US�..3Q,:BUQ-.OA,�_. .�_. � ) ,
<br /> s� puynble as p�rovided in a n�ote executed and delivered,concurrently herexvi_th,the.finul pa_yment a#grinrapal,
<br /> { ` ` a`f not sooner paid,on the_......:�s�. day of _ �.�7,Y_..::_ ..:.-. •--•..., k�:.2�D6 ' '
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<br /> �' UxrFoan2 CovExnxTs. Borrower and'Lender covenant and agree as follotivs:
<br /> � � 1, Payment af-principci cnd Intezes�t £sorrower shall promptly pay when due the principal rrf and ia-
<br /> terest..on the indehtedness evide;�ced k�y the Note,prepayment and late cl�arges`as provic�ed in the Note, �`' ,
<br /> + _�°' and the principal+of and'ir.�terest on any Future Advances secured by this MorGga�e.
<br /> fa� ,
<br /> � .� " 2. Funds for Taxes axtd irrsiuxmce. Subject to Lender's option under pzragraphs 4 and 5 hereof,Bar-
<br /> s ti= zrower shall pay to Lender on the day monthIy installments oi principal a�d interest are;payabie ux�der the ' ;
<br />�i; Note;'until t�e IVote is paid in fuil,a sum {herein "Funds") equal to,ona-twelft� ot'the yeurly'taxes aud ' "
<br /> ;�T a�sesstrrents svhic�a may at�ain pric�rity over this h2ort:gage, and;ground re$4ts an -the Propexty,if;-anY Plus ,, . ':,
<br /> �a - csne-twelfth af yearly premium instaiime:nts for tfazarc3 i:fs�rance, plus oae-t�veifth nf yearly premium in- ' ° .
<br /> ^ sta3lmen°ts for mortgage.irssurs�c+e,if any, ali as'reasonabIy estimated initially and from time to time:by =
<br /> " Lend'ai on the basis of assezsements and bi11a-and reas�nable estimates ther�f,Lender Fhali apply t.he Fund�
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<br />�� � tcs pay said,%sx�s, assessinc.nts,insumzxcz�aremiur+_s anr±�und r��t�. i.,crgaader eh�ali tnake no char�e ior.so
<br /> , laolding.aud•applying thc� Funda or uerifyang and compiliag said assessm+ents and bills. T15e I.ender shat�
<br /> �� give�o,tk{e Bormwer,vvith�ut ohaxge,an anttual accaunting of the Funds showing credits and debits tn tHe
<br /> Funda sad t1:e purp4se fpr.whxch+each delait ta the k�nds:was made. 'Phe �'unds are g:edges3 as additaona� �
<br /> "�� s�ecurity#qr t�e R�ns �secu�ed b,y this 31Rortgage.'TTtie Borroaver agrees t'ia�the Funds inay be l�elcl b�f Lhe
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<br /> ��� ` Len�ler and-c+ammix�led-'w�th other funds arad the Lendes's�wn funds an�the Le�sder mav pay ss+.ich;tems
<br /> firom its•own funds az�d Lls+e I.ender shsli aot be liable fox interest or divi.dends cj�such ��nds. • .' , �'+.�-
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<br /> � ; ° If�Lxe annqan�`of:t:he'1�uuds iseld by.,�.et�der,together`:uv��Ch the Suture moatka3y installments of Fund4s � ,,
<br /> P+�Yable,�or t�cr tt�e dt�e'd�tes o£#a,ees;assessmeuta, ixtsuprsnce �r,emiams and gr�ound rents, shail excee�€ * .`
<br /> �# t�te ama�znE`T�e4u3red�u�T said taxes,asses�ments,insuraa�ce prenruums•and gro�nd zen#s as they#all due, ' � "
<br /> �u sach�x�eeaa�aal}(�a,t �yye'p?s pp}.ian„,�at�her promptlr,�. �epaid to$orrower or credited�to Bornc3+�wer on
<br /> � `` :a<#u#.�I.C�7':ittsta,i2meat$.of,F.�3�. z# h�.. �t .i,a �.,.a �, � 3..,.r., aa .�__ � <
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<br />�*#.°z tzexe9 s���e�'xs sn�r,�;.p,Prc.�¢.auzas a�ad groucarl xettis acs Lliey fall dne,Borrc�wer shall pay no i�ender
<br />��'- aaiY sipp�n��aecessarse tt+���ake u�the c�e&eiency:��vithin th?3ty da��`afGer�-�otice�ram Lentker to 3�3arro�wer � � �, '��,� �
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<br />� � ' ze�questit��'�a3'�e�t.i�heren�.ox�arra�+er'.s�aIi, iag an incresse ia:monthly installments of Funds required,
<br />�,.,'� re�aY��the�e�ency cv"s�its the F:s�u��,ce��Eing.�eriod. :: .
<br />� : Upc+si pa�rmen�sn fufull,mf a11 su�ns see�red fiiy�is 34�tor��age;Lender s�al3 aPP�Y Fvnds�eld as a credit
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<br /> against�x���s��.
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