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<br /> Lcr.�n Nurrrber 33522 - 188 1
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<br /> �� TVVe Mr�n�;h ' �
<br /> 7�� !)(�:3� ��� �Vt Q R '�'" �a A Cs E
<br /> ' 'd'Ii:9 :'4$OR°£CAt}�;..mAclr, �nr.�^i•x«�rutKz! chix �i`'f _ _ ciav of ._ Jut.::l.�.'......... .. ...... A.D,,
<br /> . 1�.`r.7. F�rtweccn ihe�1prt��,or. Ii.ICf4+L4CD }I„ 4:G'K1�;t�'iFtT A1N DANA tl. F CICfiAAT, husband and wi fe
<br /> . _.,.
<br /> . �atntly amd each in t�eir own ri�ht
<br /> ` Grand I s lanr! __ .. . _. •--,----
<br /> ---. . ..._. .. .
<br /> of . .... .....,. , C'�i�ancy �f . �isll .�,tate of . Nebraska. ,heaeinufter refesred
<br /> to aF �he �itazrawer, and the :titort�aqc�s�, FTFfS'I' FF,U�:RFrL SAVI:�3GS:�iV37 LOA�I ASSOC'IATT�N QF'
<br /> LYIdCOLI\', 3?35 ``'N"' Str•c�et:, I.inevin, \ebca�ska f>t3�r01. its �u�re�urs and assigns, here�nax`tEr referred bo
<br /> as L�eader.
<br /> Vl?'t�rxr�sETx 1'ha�� t e �nid 'F�crower tor c�nd in considemtioa:of the�um af T��xRTY OI3E THOUSAND
<br /> h _....
<br /> FOUR HUN��ED ANB NO/1Dfl --- --- -- ........Dnl',ars (I75�+........,31,40Q:,��.....,...�
<br /> ! axcd k-i' sait� Y:ender, i3oe�herehv nxort x e, rAnt am� ��onvey to Lenrler its successor, and as,4i�ns; the
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<br /> , fo'blawaaig de�cribed pmpertY I�cAted in the C;ounty � .. .... ...... .. ....:... SLaCe of Nebraska:
<br /> � i'2-ae uo,atYi F�ifty-�iv� (S �5) f�et vf' +rxc i!iorth �nn 3fundred F'ar�y (�T 40}
<br /> �eet caf +,he Wr;st Ha.s1 i1�'�) of i3lack r�aurtten (1�F), in PlFasant E3om�
<br /> ac3.�ita,on t.o +he t",it«r ot Ur�nei Tslan3, 3:11 C.'ount3r, .tiebrask�. "
<br /> � :
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<br /> ' ` ' TocEmriEa�vith. All the impravements now css hereafter erected cin th� properbv, anci uld easements,
<br /> ; ` rights, appurtenances, rents, royaltaes,minerai, oil asad �;�s rights axid �rofits, water; wAter rights, ancl
<br /> " water stoc•k, �nd alI fixtures now or hereaf.ter attaclied Ga ths propertiy, a11 of whicfi, incluriing replAce- ;:
<br /> = ments An�additions�there,tG,shall be cieempd to be and z-emaui a pa.rt aF the psoperty eovered by th-is
<br /> ��� � � 1Vltirtgage;�afid�alt of the foregoir;g� tog�ther w�;�h sa3d �roperCy�(or�the leasehpld�estate��in�the event this�
<br /> � � IVZort;gage is on a leasehold) are herein refesred`to as the "`Prnperty". ' .
<br /> � 5 Borrower;cavenants that�iorrower is lawfully seised of tifie e�Cate hereb,y conveyed and has the rigliti
<br /> ta mortgage, grant and convey the I'roperty, that the Praperty is unencumbered, and that 73orzower wi11
<br /> warmnt and_defend generaily the title to the ProperLy a�ainst all claixns and demands, subject to an,y
<br /> easements ttnd rebtrictions listed in a schedule of exceptians to coverage in any title insurance policti in-
<br /> y suring Lender's inEeres�in the l'rop„ert,y, or (2) attorney's opinion af titie from abstract oE titie cc:rtified
<br /> by bonded abstracter.
<br /> ', r Paoviu�r� ALwnYs, and these pzesents are executed and delivered upon the folio�ving conditions;agree-
<br /> ments and obligations o£ the Borrower, to-wit:
<br /> = 2'�-ie Borrower agrees to pAy to the Lender,or order ihe princi�ul sum of,THIRTY ONE,,TI30US.3ND_;. _
<br /> ; ...FOUR_HUI�IDRED AND N01100---------------------------- 31 400 00
<br /> > �---------------•-•--•--•--�----�----..:...--------•.............. ...._..---......---Dollars (LJS:�.. ... .._ .:..._...........�...)
<br /> pnyable ns pmvided in a note executed ar�ci delivere<i, concurrently fierewith,the final}�A,yrnent of principal,
<br /> t it not s+ooner paid, on the ----..1st.:.._..:..._ day of _--S�1ac... ...:.. ....._:_..._.._., ]�a._.2QD6
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<br /> IJrii�oena Cov�;xANxs. B�rrower nnd Lenclez covenant and agree as followss
<br /> 1.-Yaymgnt of.Principal and Iniesest. Borrciwer shall�rompbly pay w'hen clue the pr.incipal crf a�td iu-
<br /> terest on the ir.detitedness evidenced Uy the NoCe,prepa,ycnEnt and late charges as provided in the Nc�te,
<br /> ttnd the princip�t of flnd interest on any Fui;ure fidvances secured by i,his D�fort.�age.
<br /> � � 2. Funds for iaxes and Tnsuranee. SubjecC to Lender's o}�tic�n under paragraphs 4 and;i henaf, Bur-
<br /> mwer shall;pay to I.ender on the da;��mor.thlv instxllnients of principal and intc:rest are pa,yable under the
<br /> ilotie, until::t�a�:'v';. :s, ` t
<br /> Yeid in full,a sum fl�erein "Fiands") equul to ane-�weli.h c�f the ti�eurly taxen an�l
<br /> a5sessments�v�iich may attctin pxiority over this R'[ori;gage, and �round rents c�n f,lie Prapert.v, if an�+ �tus
<br /> one-Lwelfth af;yearIv premium insta�lmenta for har.asd insurance, plus one-twelfth caf yeasl,y �rexniom in-
<br /> " f stallments for mcirtgage insurance, if unp, all as reasonably e5tin-�te� initiativ a�id from tin3e io time b,y
<br /> I.�:nder on the haG:s of assesesnents and biiis and reasanable est,imaies therc,�f, Lender sha11 ag=�ly the:Funds
<br /> to �a}� sniti tsacs, nssess.nents, ai�uraiic� �rienxiivasa an:i hruu�i�d sr_iiLti. L�:ncicr.,h.ili cix�zice az� �:liai�;� ;��i•.;u
<br /> holdin� nnd applying the Funds'or verify�ng n.n.cl com�iling ssid �ss�45ments und biiLS. 'I'he Lender shall
<br /> �ive#.o .the-Bprmwez, �vithout ehar��,an annual accountin�;of the Punds shocsing crcadits anci debiis to t.he
<br /> Funrls and th$�urpose for which eac�dNbif to the I�'uzzds w•�s n3ac�e: 'I'he P'unds are pledged �is acldition�l
<br /> sec�urity for G}3esums secured by thi�M��rtga�e. 'I'he Bozrower a�rees thaL tiie Funds ma� be held b�• the ,4.
<br /> Lendez and commanfiled with oLher funds and Lhe Lender's own funds and#he I.�nder inay pay such items a'"
<br /> � frnm its own €unds an�l Yhe Le�xder sha11 xaut be liat�Ie far iuteseaa:or ciividends on suc�h Fuzzd�. �� ` 4�
<br /> If the umount of the Funt3s hetd by Z.er.3er;tagetF�er.fvith the fvture monthiy installment„G of �ncis +�o-�.�
<br /> payable prior to the due dates o£ta$ss,assesrments, inn.:r�nce:premiutiis xnd ground rents, shall exceed �
<br /> � the amount reyuired to pu,yr said taxes,assessments,insuraneo prPmiucns and�;mund rents as the��fatl due,
<br /> such eFcess si3all be;at Baraacver's.o�tion; either prorriptiv repaid to Sarm�ver or cred;ted to Borrower on
<br /> monEhl�•inatatlments n# F�3nds. 7f t?'ae �eu�f �$ 'h€: 3'vrds::e?c? 'a; r c^.3er �h�'� .:"! ?.c L r ;,, ,« a. ,.. �;
<br /> tases, �sscssmen�s, insuran4e ureiniea��ie��nr3 grn�in� r�nt� aR they f�il riur, R��rmwYr ShHii �,Hv t� Txn�iNr
<br /> any am�ounb necessary to make up iPie deficieney �vithsn tE�irtp dnys after�,atice from Lender to Bormwer �: �
<br /> requesting payment therea_`, cr £c�rmwer shall, U_y an inct�a,se in monthly installments of I�unds seyuired,
<br /> repay tF�e deficiency within 'the FLnr3 accounting periad.
<br /> Up<�n paYrnent in full of all sums secured by this Morigage,L.ender shall apply Funds held n:>�credit
<br /> • agAinst all suzne due.
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