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<br /> iNaw��uA� '
<br /> DUE ON SA�E
<br /> OPTlO1VAL FUTURE ADVANCES
<br /> SAVINGS F*tJNp
<br /> LIA1 �N F�.. No.72o
<br /> � Loan Number---}4$I?__-_1168_--a 1��
<br /> 7T- UOfi099 M O R T G A G E
<br /> THIS DbiOR1"GAGE,made and ex�uted this ......_.......20�......._.... day of ._:.....Octaber............._. A.D.,
<br /> 19.T1.....,between the Mortaagor,-•--..__Jatck_D..-.S:t.rs.taHtu..,and.Amnett�.L.__Sira.tmaa,..husbaad.._....
<br /> ..................+wotd..w�..€et...��J.az.ls_.an�d...escb,..im..t.hei.r..oxrsz..rz�ht........._...- -......_.........._......_........-- •--�--...
<br /> of..G�l13f�A..Is.�t�#Sf...._......, County of}311.1_].......-.__.......... __.,Stste of _..Nahrsska.....,hereinafker referred
<br /> to aa the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> i.INCOLN, 1235 "N"Street, Linwln, Nebraska 68501, its successors and aesigns, hereinafter referred to
<br /> as Lender.
<br /> WrrHFssa'rH: That the said Borrower for and in consideration of the sum of ...THIRTY,_SIX..T[�WSA,IdD
<br /> NINE HUNDRED AND NO/100----------------------------- , 36 90(1
<br /> ... ...._...---_- •--- ....._........---._......_....._.....- ._.._.... ... . ............_'�ol.ars (US$-.._.r.......�.�__..._.... ._.......)
<br /> paid by asid Leader, doec hereby mortgage,grant and convey to I.ender, its succ.�eseors and acsignr; the
<br /> followini deacribed pmperty loctted in the County of ............_ ....Hall--.......__., State of Nebrsska:
<br /> Lot Sixteen (16), Block Two (2), Parkhill Subdivision, an Addition
<br /> to the City of Grand Island, Hall County, Nebraska.
<br /> TOCBTHEa�M1tIf a�I tI16 improvements now or hereafter erected on the property, and all eacemente,
<br /> ��, BPPustenanaes. rents, royaities, mincral, oil and gae righte and profits, water, water riQhts, and
<br /> w�ater `tock, and all 5sturea now or hereafter attached to the property, all of which, including repiace-
<br /> �senta u�d additions thereto, chall be deemed to be and remair� a part of the propetty covered by thia
<br /> �e; and all of the foregoing, toaethet with said property (or the lessehold eetate in ttae event tlsie
<br /> D�orfss�e is oa a le�sehold) are hereia refen�ed to � the ••Property,•
<br /> Boeinaee oov�enaot�that Barrower is tawfuUy aeiaed of the estate her+eby oonveyed and l�as the tight
<br /> t�o mort�age, grant ar�d convey tl�e Property, that tlae Property is unencumbered, and that Sorrowet w•ill
<br /> w�arrant aac[ defend �neraAy t.he title to the Property against ali claiisss sad demsnds, sulsjact to smy
<br /> e�s�nts aetd t+estrictione listed in s�chedule of e�eptions W coverage in any Git3e inautance policy ia-
<br /> wuin�L�endor'a it+tee+est ia tbe Property,or (2) attotaey'c opinion of title fram abctract of title certi6ed
<br /> by bonded abatract�.
<br /> Psoviasa ALwwYs, and thece preeeats are ezecuted and delivered upon the following canditions,agree-
<br /> mee�s� obligationc of the &�rrower. to-wit: i
<br /> I
<br /> The Borrower alrees to peY to the Lender,or order, the principal �um of ..�.I.�'�f..S.7�(.�3.QU&A1�lA_... ;
<br /> .....lIIN�'..1#tlNt}�I?..A,N�..N4�100-.-.----.-.---.-----.-------------Dollars (US $__.?6.400..4�.._...____....)
<br /> yayable as provided in a note e:ec:uted and delivered, concurrently herewith, 4he final payment of principai,
<br /> if tat woner paid,on the._...1'izst�........... da of ._...ItTovemb�r._.. __.., 192006
<br /> Y _. . .._.. ,
<br /> � UNIT�OtM CovBHw�vrs. gorro�ver and Lender uoveaant and agree as follows:
<br /> 1. Paym�nt o�h�i�aeipcl mad Iet�rNt g,orrowe�.ahail promptly pay w�hen due the principal of and in-
<br /> �S�a�n the indebtednera evidenced by the Note, prepayment and late cisarges as provided in the Note, '
<br /> md t6e p�rincipel of aad intei+e�t on any Future Advances cecurod b,y this Mortgage.
<br /> 2. F++�ds fer 1'aYes and Ie�urane�. Subjeet to Lender'a option under paragraphs 4 and 5 hereot, Bor-
<br /> �s�U�N�L�sder oe tl�e day monthly installments of principal and interest are payable under the
<br /> Paid ie tuti,a eum (�erein "Fundc") eqw! to one-twelfth of the yearly tases and
<br /> �b*vhic5 auY=twin Prio�ity over this Mort�aze, and `round rents on the Property, if any plus
<br /> �� �Ye+�Y P�'enti� instilla�eete for t+azard insuraace, plue o�e-tweifth o!yearly premium �n-
<br /> mor66s�e►nwz'anc�e,it ae� aii as ressonably estimated initiallp and from time to time by
<br /> �°o�����e�mt�and bdls and re�sostable estirriates tl�ereof, I.ender shall apply the Funds
<br /> �W)'said tizes•aseees�t+.inr�nuu�e W+r�+uis+c and round rents. i,ender shall make no char�e for eo
<br /> �We Ba��rmw��n�'t�oFttt� � ��l'�i aad compi� stid a�ssus�ents and bills. The Lender zhall
<br /> s�e
<br /> ehaele.aa anwwl aeeo�entin�at tlae Funds ehowins credits and debitc to the
<br /> and t6e pu�w�e 1or which erch debit to the Funds was msde. The Funds are pledged as additional
<br /> ���f°"'�'�' �d��s D�ieets�►�e• 'The B�osrow es ssrna that Lhe Funds rnay be ta�eld by the
<br /> t/w�dee aie�d e�a�iri� !'u�is atrd tl�e LetMdet's ow�a tunds aed the I.ender m�y pe such itesns - �
<br /> m y
<br /> �i�t ova l�wds a�d fbt I/ed�r�� eet be liabie 6or intee�e�t ot dividends oo cuch Fu:adc.
<br /> Il fi�a�ewik at t�s P1Md�l�ld b7►Insder.'Ool�tiee' uiti� tl�e tuture moathly ie�stallments of Fu�ds �
<br /> . � �P��s tie�w dates of tm�„awr�si ��oe Pt��s �1 �round rents, aball e�oeed
<br /> aipoa�t rs�aired M�a q rid lase��,lnstu+�ec+e pe�aieiums and sround rents as they falt due. `
<br /> ��Ina�s rlrvl be,st Hen�vir's�p�,sRl�etpro�y to Sorros�et or crudif,ed to$c�erower on
<br /> w�sMAt� i�►a�nenffi a+l P�sads It t5e ���wrsl e( t�e $ -i�eds�by I.u+der siull not be suNicsent W pay � ' :,
<br /> tas�a. a�r�wl�, +�P�'�os awQ �rtw�d re�nts ac
<br /> N1�Msoewt�oe�e�b s�re upr tlle � �°y La71 duue. Bureuwer sl�al! pay to Lei+der .,,
<br /> �l�i p tl�nrt er�����r a���a�nontl�! notioe fmm Lender to Borrower
<br /> M�9�dM� '��,�r�Hr!'v�d aoos�rstise pes�isd. Y instalitt�enb of Funds required,
<br /> U� M�Y�� ���wms re�rar b9 tlus 11�loetsaee, Lender shail apply Funds held as a credii �
<br /> � +�rin�t aM wrns dw�.
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