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<br /> � 7NDIVIDUAL
<br /> DUE ON SALE
<br /> OPTIONAL FUTLJRE ADVANCES
<br /> ����■ SAVINGS FUND _
<br /> � " Y�1`� FoeM No.7zo � :�� � .�.. . .. ,� : + . �� �' ` .
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<br /> � Loan Number__ 34420__-__188 1_ '
<br /> � Type � Bran h }'�
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<br /> ? 77- 'UU489'7 M O R T G A G E
<br /> '� THIS MORTGAGE, made and executed this..::,�?.�.o.... ..:.:........ day of --._-�s�, :.+.r.s.'t_::.---.. A.D., ,
<br /> ,,s
<br /> � 19 77..',}3etween Che Mortgagor; C1i��ard. Cox and Alice f�x, hushan.d and� fe, jointl3z and
<br /> : � , :�ack►..�n. th��:x a�zz::k:tgla�.::: ;..__ ._ ...... .....:... -- •-•---- ...__....... - ;: I ;:
<br /> t of__..,.��a�d.I����d--.-°•--> County of .... .........�i.all-•---_........, State of::_SIehr.aska---...,hereinafter referred w', '
<br /> � , to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ` "' " �
<br /> , i LINCOLN, 1235 "N"-$trest, Lincoln, h3ebraska 65501,its successors and assigns, hereina#ter"referred,ta ""
<br /> + � as Lendea
<br /> �- WiTxEs.sETx That the said Borrower for and m consideration of the sum of TWEN�Y NI�� ��QIJSAND � `.
<br /> � AND No1100 .....------------�ol.ars (US$.29�Q�9.99.. ----• --•----'>
<br /> ; ........ ....:... ........ --�---•- ...._..__ ... ..._. .. .
<br /> paid by said-Lender, does hereby mortgage, grant and convey to Lender, its successors and, assigns; the
<br /> a following described property located in the County of _....:,..Hall ___ _;,., State of Nebraska:
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<br /> � Zot Thirty-two (32), in`Western Heights Th3rd Subdivision, in the Northeast Quarter ,
<br /> (NE,-��) of'the Southwest Quarter (SW1) of Section Eleven (11), Township Eleven (11)
<br /> North, Range Ten (10) West of the �th P.M., in Hall County, Nebraska.
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<br /> s TocETasa 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 /> ;Y ments and additions thereto,shall be deemed to be and remain a part of the' pToperty covered by this
<br /> � Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this
<br /> � Mortgage is on a leasehold) are herein referred to as the "Property". `
<br /> � Borrower covenants that$orrower is]awfully seised of the estate hereby conveyed and has the right �, ' ' �
<br /> to martgage,grant and convey the Property, that the Property is unencumbered, and Y.hat Borkower wili
<br /> � warrant and defend generalay the title to the Property against all claims and demands, subject to any
<br /> � easements and restrictions listed in a schedule of exceptions to coverage in any title insur9nce policy in- �
<br /> ,,� suring Lender's interest ia the Property, or (2) a+�torney's opinion of title from abstract of title certified ,' ,
<br /> � - by bonded`abstracter.
<br /> FPaovinEn ALwnYs,and these presents are executed and delivered upon the following conditions,agree-
<br /> � ' ments and obligations of the Borrower, to-wit:
<br /> � The Borrower agrees ta pay to the Lender or order,the prineipal sum of .:T�NTY_:NINE:_�E{Ou�,�,p_
<br /> AND NO/I00 -_------------�ollars (US$ 29.,000 00----- • -•.::)
<br /> 4 �- . __..... ---._ ... -------�• -- --�--- ---- -'-- --•-•----
<br /> � payable as provided in a note executed and delivered,concurrently herewith,the final gayment of principal, • ,,
<br /> � if nat sooner paid,on the . _....:.. lst-----�Y of .:....... _Se�tember . . ..> �.2006 ;
<br /> k ' UNtFoaM GovFxnxTs. Borrower and Lender covenant and agree as foliows:
<br /> ` � L Payment of Principal �d Interest. Borrower shall promptiy 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 /> t and the principal of and inteTest on any Future Advances secured by this Mortgage.
<br /> � 2. Funds foz Taxes�d Insurcmce_ Subject to Le�der's option under paragraphs 4 and 5 hereof,Bor-
<br /> rower shal! pay to Lender on tlle day monthly in�tallments of principal and interest are payable under the
<br /> , � Note,until the Note is paid in full,a sum (herein"Funds") equal tv one-twelfth of the yearly taxes and
<br /> S assessments which may attain priority over this Mortgage, and ground rents on the Praperty, if.any plus
<br /> , ' one-twelfth of,yearly premium installmen£s for hazard ansurance, plus one-twelfth o€yearly premium in- ''
<br /> , stal2rnents for mortgage insurance, if any,all as reasonahly e.stimated initially and from time to time by
<br /> Lenderon the basis of assessmen�s and biflR and rearonaiile estimates thereof,Lender shall app]y the Fund�
<br /> to pay said taxes,assessments,insurance premiums and ground rents. Lender shall make no charge for so
<br /> � holding_aud applying the Funda or veri€ying and compiling said,assessments and bilis. The Lender shall
<br /> give to the Borrower, without charge,an annuai accounting of'the Funds showing credits and debits to the
<br /> � Funds and the purpose for which each debit to the Funds was made.The Funds are piedged as additional
<br /> , security,For the sums secured by this I�4ortgage. The Borrower agrees t1�aG the Funds may be held by`the �
<br /> � Lender and commingled-with other funds and the Lender's osvn'funds and the Lender maY pay such"items � _ �.-}
<br /> � from its owzl£unds and the j.ender shall not be liabie,for interest or dividends,on such Funda. - -.'f Y "'�".,.
<br /> x��., 4� ,
<br /> � ' . if the amount of the Funds held by�ender,together with the future monthly installments of F'unds �i"
<br /> � paysble prior to the due dates of taxes,assessments, insurance`premiums and ground rents, shall exceed I ;.�s�
<br /> Lhe amount required to pay said taaes,assessments,insurance premiums and ground rents as they fall due, +�"
<br /> ' such escess Sha31 be,at Borrower's option,either promptly repaid to Borrower or credited to Borrower on :�``
<br />� u munLhly'i�staIIrnents of Funds. If the.arnount of the�'unds heid by Lender shall not be sufticient tq pay ;�r
<br /> � taaea� asscssu�enla, ix�uY•a�c:e prruuuix�»txnd ground renta as ihey iall due, Borrower shail pay io Lender
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<br /> t any amount n�essary to make up the deEciency within-thirty days a#ter notice from Lender to Bor=ower �"
<br /> requesting payznent thereof, or Borzower shall, by an iucrease im monthiy instalimen�s of Funds required, �''`
<br /> sepa�+the,deficiency within the Fund accauntin� perio�.
<br /> ' ' �Tpon payment in #ull o#alk sums secured by this Mortgage,Lender sha1T apply Funds held as a credit
<br /> ` � agairist all sums due. r _
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