|
��` . . . . . . . . . . � . . � � � � `.�' , . � .�l
<br /> ...._ , ,�-
<br /> i �-�
<br /> �; _.., .� ��
<br /> INDIVIDUAL
<br /> �- �:JE �:`_ .�.�L�
<br /> ��_�RS'T OPTIONAL FUTURE ADVANCES -�
<br /> . �,C�Cpw��.' � SR�JiiVt:B s�`v'i�v �
<br /> ' res/GR/1 r- {
<br /> � �■��irw�y.�� FORM No.720 : .
<br /> �I�I�,.iJ�.
<br /> � Loan Number--- 34018_-_ 188_-_al^Ch {.;
<br /> i �
<br /> � C�0�306 �
<br /> � 7?- MORT 'GAG E
<br /> � �.
<br /> , .,
<br /> � THIS MORTGAGE,made and executed;thi� ... _.. day of._ ...__ A.D., � . '
<br /> ��... ..... _.
<br /> " : 19-----7_7.,between the Mortgagor, -----._AA.ttS�.a.s...A....S�mv�ZSon..�n.d.ldz�..L._..3amu.���,.:husband_... °' `
<br /> � aad:wife__1o3nt]�x:,; and;;each__:�.n_;their__own,_right,__,_.;. ..,,, s'
<br /> •--�--- --��--- -,._...- --�-----• ,;.;;
<br /> � of....Ca=�nd...�;sland- ---., County of .... ._.Ha.��,---_....._....:,State of...IY�kz's�:sk�-.---;.,hereinafterxeferred : =,
<br /> � to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> ` � LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereina#ter referred to ' '
<br /> .� as.Lender.
<br /> � �
<br /> � WiTxEssETx That the said Borrower for and m consideration of the sum of TETZIi.TYcSZX TIiQUSADID ,�
<br /> ' � --.��G�T;HUNDRED_.AND NOf 100 ..._r..Dol.ars (US$....3f;.80R.,Q0. ... .' ) °
<br /> ---,_. ...._.. .._--.. �-�---.. ...._. .
<br /> :� paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the F:�'
<br /> -. � following described property located in the County of ..................._..... _..:..:..., State of Nebraska: ;,
<br /> :8 � � . . � � . � . . ... � .. . .. .. . .
<br /> . . ` . . �: . : ` � " �,s
<br /> � Lot'Fifty-seven (57)� Wolfe's Subdivision, in the City of Grand Is3.and, Hall
<br /> 3 County, Nebraska. ;
<br /> �
<br /> l
<br /> p;
<br /> ! F
<br /> ,3:. . . . . . . . � ..
<br /> " '!'oc�:axEx oc�ith all the impravements now or hereafter erected on the proYaaty, ��d a;l ea�enents, t'
<br /> � rights, appurtenances, rents, ro alties, mineral, oil and � '
<br /> a y gas rights and profits, water, water rights, and i ;
<br /> water stock, and all fixtures now or hereafter attached to the property, all of which, including replace- �
<br /> � ments and additions thereto,shall be deemed to be and remain a part of the property covered by this s -
<br /> & Mortgage;`and all of the forego3ng, together with said property (or the leasehold estate in the event this !' `'
<br /> i Mortgage'is on a leasehold) are herein referred to as the "Property": , :
<br /> �a Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right �"
<br /> to mortgage, grant and convey the Property,that the Property is unencurnbered, 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 coverage 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 /> ;.
<br /> by bonded abstracter. � `
<br /> A
<br /> PsovinEn Ar,waYs;and these presents are executed and delivered upon the following conditions,agree- i
<br /> ments and obligations of the Borrower, to-wit: �
<br /> ; The Borrower agrees to pay to the Lender, or order, the principal sum of ..THIRTY S:LX 1�iQIISANII... j° ;
<br /> �x(�i.T._kIUN!?R�D AND,NO/100- ---------^ ._......---..Dollars (US $...._ ,------ -••)
<br /> i . - ---•-- ---•�---....., .-•-------�---�---- --------- - -- 36 800 00._ ...._._ H
<br /> payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal, � � '
<br /> � h if not sooner paid,on the _.:_.,�.5.'�..........:... day of--_-.--Au�aast....-----•---......:.._., D@e.2Q06
<br /> % UxiFoaht CovExaxTs_ Borrower and Lender covenant and agree as follows:
<br /> j . � .�. . � ... . .. .. . . . . �. . . �.. . �. .:
<br /> 1. Payment of Principat�d Interest. Borrower shall promptly pay when due the'principal of and in-
<br /> � terest on the indebtedness evidenced by the Note,prepayment and late charges as provided in the Note,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Funds for Taxes and Insurmzce. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor-
<br /> rower:shall pay#o Lender'on the day monthly installments of principal and interest arepayable under the
<br /> Note,until theNote 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 Mortgage, and ground rents on the Property;<if any ,plus
<br /> one-tweifth of yearly premium installments far hazard insarance, pIus one-twelfth of yearly premium in-
<br /> z stallments for mortgage insurance, if any,all as reasonably estimated initially and from time to time liy
<br /> 1 I.ender on the basis ot assessmen�s and bills and reasonaUle estimates thereof,Lender shall apPly the Funds
<br /> to pay said taxes,assessments, insurance premiums anci ground rents. I,ender shall malce no charge for so
<br /> halding and a�ptyiug the Funcis or verifying and compiling said assessments and bills. The Lender shall
<br /> ' give to £ha Borrower,without charge,an annual accounting.of the F�nds showing credits and debits to the -
<br /> ; Fundsand the purpose for whieh each debit to the Funds was rnade. The �unds are pledged as additional �
<br /> h security for the sums secuxed by this Mortgage. The Borrower agrees that the Funds may be held by.the
<br /> Lender and commingled with other funds and the Lender's own funds and the Lender may pay such items a^sr ` ""
<br /> from its own funda and the Lender shall not"be liable for interest or dividends on such Fands. , -"� � ��"
<br /> i#the amount of the Funds hel d b y L e n d e r,t oge t her wi t h t he f u ture mon t h ly ins t a l i ments o f Fun ds �� �" �,
<br /> � payable prior.ta the due datea of taxes;,assessments, insurance' remiums And "'�'"'`
<br /> p ground rents. shall exceed � ����.
<br /> the amaunt uired to �
<br /> �1 1�3'8���es,assessments,insurance reu�i�--r,3 and
<br /> p ,... ground rents as they fall due, ;{ `+�,
<br /> such e�ecess'shall.be,at`Bonrower's option, either promptIy repaid to-Borrower or credited to Borrower on ;� ,w.
<br /> _ ' monthiy installments of Funds.'If the amount of the.Funds held by Lender shall nat be suffioient to pay ?
<br /> taR''•g, aEsess�Qnts, iastti�tzee p�miums atac3 grorand rentu as 1:Izey #a3I clue, Borrnwer shali pay to Lender
<br /> ' y ,:. ;
<br />� � any amvunt necessary to makP up the def�ency tisithin thirty days after notice from I:endar to Bon�wer � '. `
<br /> requesting payment thereof, or Borrower shall, bp an increase in monthly installments of Funds required,
<br /> repap ttie deficiency within the Fund accounting period. ,
<br /> Upon payment in l��la of s�)1•lc�im4 toeMtzed by tktis 1blortg.^�ge,Lender shall app23• Funds he3d as a crcdit
<br /> � against all sums;due. �
<br />� ,
<br />
|