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<br /> INDIVIDUAL
<br /> DUE QN SALE
<br /> ���',' OPTIONAL FUTURE ADVANCES
<br /> � �L SAVINGS FIJND
<br /> � . �I���e Fo�M No.720 , . � � �
<br /> � ry Loan Number__33652 __-18�e__ B�a��h
<br /> � � � � �
<br /> r
<br /> � �7. ��137�4 MO RTGAGE:
<br /> ` THIS MORTGAGE,made and executed this ..._ 3 . ...... day of ... ... __.. A.D.,
<br /> ��--- �.... ,......,
<br /> , 19 ..��.,between the Mortgagor,_.__.Matt,hew_J..:.Ch.orice.:an.d..Leona..g....Choric.•e;._husband--anci���-�--
<br /> ; .w��e,...1Q�.nxZY.--ansi..eash:.�.�a..zhe.i.r..n�n--r�t+�---.....-•--------•-----��----.............................-•---.....-----........_:__
<br /> ;' of ...:G���d,,ls_���d_._...,,� County of..............Hall......_......,.,State of...Nehraska.......,hereinafter referred
<br /> to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> j LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501,its successors and assigns, nereinafter referred to
<br /> r as'Lender_
<br /> ; WtTxEssETx: 'I'haE {,he said Borrower for and in consideration of the sum of .....T.HIRTY__THREE.T.I�OUSAND
<br /> � SEVEN HUNDRED AND NO/100----------------------------_ $ 33}700 00
<br /> � "Dol.ars (US . _ ....:.:)
<br /> ._........:.............�-�------- -...__...---�--....-�--�----•--.. .-----....._........ .....
<br /> ---- --�----�- -
<br /> paid by said Lender, does hereby mortgage, grant and eonvey to Lender, its successors and assigns; the
<br /> j' following described property located in the County of . ...... Hall , State of Nebraska:
<br /> Lot Nineteen (19), Block One {1), Jenkinson Subdivision in -�he South Half (S2)
<br /> _ of the East Half (Ez) of the Southeast Qu.arter (SE4) of Section 2, Township 11
<br /> k
<br /> North, Range 10 West of the 6th P.M., Hall County, Nebraska.
<br /> `
<br /> }
<br /> f
<br /> S TocETxEa with all the improvements now or hereafter erected on the property, and all easements,
<br /> „`� rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br /> � � water stock,and all fixtures now or hereafter attached to the property, all of which, including replace-
<br /> i ments and additions thereto,shal] be deemed to be and remain a part of the property covered by this
<br /> ` Mo;tgage; and all of the foregoing, together :vith said property (or the leasehold estate in the event this
<br /> w Mortgage is on a leasehold) are herein referred to as the "Property".
<br /> i .
<br /> Bormwer covenan�s that Borrower is ]awfully seised of the estate hereby conveyed and has the right
<br /> � to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
<br /> � warrant and defend generally the title to the Property against all claims and demands, subject to any
<br /> ; easements and restrictions listed in a schedule of exceptions to co��erage in any title insurance policy in-
<br /> suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br /> � by bonded abstracter.
<br /> �
<br /> � PROVIDED�ALWAYS� and these presents are executed and delivered upon the following wnditions,agree- �
<br /> i ments and obligations of the Borrower, to-wit:
<br /> The Borrower agrees to pay to the Lender, or order,the principal sum of _agyg�y.,_���.�..��g�
<br /> P
<br /> � SES7EIS:.HUNIII2EA.AND.:DT�Q/.100--=---------------------------�ollars (US$--.33�-700.OD----....:. .........)
<br /> � payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br /> if not sooner paid,on the ..... ...lst_.. .... day of...._....J.izl.y............... ........... 19:x._2D06
<br /> �
<br /> ; UxiFoxM CovExnt�rTs. Borrower and Lender covenant and agree as follows
<br /> 'd� I. Payment of Principal and Interest. Bormwer shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note,prepayment and late charges as provic�ed in the NoLe,
<br /> ' � and the principal of and interest on any Future Advances secured b,y this Mortgage.
<br /> � 2. Funds for Taxes and Insur�ce. Subjc.rt to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> ? rower shall pay to Lender on the day monthly installments of principal and interest are payable under the
<br /> ` ,, Note, until the Note is paid in full,a sum (herein"Funds") equal to one-twelfth of the yearly taxes and
<br /> � assessments which may attain priority over this AZortgage, and ground rents on the Property, if any plus
<br /> , i one-twel£Lh of yearly premium installments for hazard insurance, plus one-tweifth of yearly premiuin in-
<br /> ' stallments for mortgage insurance, if any, all aa reasonably estimated initially and from time to tirne tiy
<br /> � Lender on the basis of assessments and bills and reasonable estimates thereof,Lender shall apply the Funds
<br /> to pay said taxes, assessments,insurance premiums and ground rents. I.ender shall malce no charge for so
<br /> holding and'applying the Funds or verifying and compiling said asaessments and bills. The Lender shr�ll
<br /> ' give tu the Bormwer, w�tiiout charge, an annual accounting of the Funds showing credits and debits to the
<br /> ? Funds and the pur�iose for which each debit to the Funds was rnade_ The Funds are pledged as additional i
<br /> ' security for the sums secured by this n7ortgag'e. The Borrower agrees that the Funds may be held b,y the
<br /> � Lende;and comming;ed with other funds and tlie Lender's own funds and the Lender may pay such items �� . �0.,�
<br /> � from its own funds and the Lender shall not be liable for interest or dividends on such Funds. �
<br /> � � �� � � �� ,c�► �tF� .
<br /> � If the amonnt of the Funds held by�Lender,together with the�future monthly insCallments of Funds ��;
<br /> ^- � payable prior to the due dates of taxes,'assessments: insurance premiums and ground renis, shall exceed %��
<br /> the amount reqnired to pay said taxes,assessments, xnsurance premiams and ground'rents as tliey fa1T due, ���,�
<br /> � , such excess shall be, at'Borrower's option, either promptly repaid to Borrower or credited to Borrower on
<br /> monthly installments of Funds. Zf the amount of the Funds held by Lender shai]not be sufficient to pa,y
<br /> ; ; taxes, a�sessmerlts, insurance premiums and ground rents as they fall due, Borrower shail pay to I.ender � � $ �'
<br /> i any,�mouttt necessary.to maice up the JeficKeney within thirty days after notice fron� Lender to Borrower
<br /> � reque.�ting �aymenL thereof, or Borrower shall, b aii increa�e iu nionthl ""
<br /> ` repay the deficiency within the Fund accountin y y insiallcnents of Funds required, �
<br /> : g period.
<br /> L7pon payment in full of all'sums secured by this Mortgage,Lender shall appl,y Funds held rxs a credit
<br /> 1 against ai?Fiimc due.
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<br />• 4.+�.w. _ .._
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