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<br /> //''�� iN�1YtDUAL
<br /> � DtJE Ofll SAI,.[
<br /> CPTIONAL PUTURIC ADVANCES
<br /> 3AYINGB F'UND
<br /> Fowr No.720
<br /> � Loan Number----349��_�_1$$__ 1�"���
<br /> �)
<br /> 77• U063$9 M O R T G A G E
<br /> ; TFII9 MORTGAGE.made and esecuted this..........,-�................. day of ....._.�..l..�s-.......... A.D.,
<br /> i9..7.1...betveen tbe Mort�gor, ----BuhesL..D�..Placzek.and.Liad.a.8_..Placzek.--�huat�aad..and-isi£e.
<br /> jni.ntly...anst.�escb,_ia..th�eir..ctim_.zi,ght.,........--••-�---�........................-....----....--••----........----�---�--�----�--._..__...---.•
<br /> ot_....GL'sfo�d..ZslaRid........., County of.............Ha11...............�State of..I�lebsaska.......,hereiaafter re4ersed
<br /> to as t�e Bort»w�er, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its succeesors and sesigne, hereinafter refere+ed to
<br /> as I.es+de�.
<br /> 1�trirB9ssrH: That the eaid $onower for and in consideration of the sum of.T.HIxTY.EIGHT THOUSAND
<br /> ....................
<br /> B�!'�L[._.HUl�IA�ED..,ANIt._I�JA1.100r..--r.r-.---r-.--rr--.---.--------�ot:ara (us 5.--38,SOII_00.................>
<br /> plid hy�aid Leader, dces hereby mostgage, grant and convey to Lender, its succeeaors and aesigiw; the
<br /> �Ilo�vin� described pmperty located in the County of ..._.__Ha].1.........................., Stste of Nebraska:
<br /> Lot P'our (4), "Subdivision of Block One (1), Vine Hill Subdivisloa"
<br /> aa Addition to the City of Grend Island, Hall County, Nebraska.
<br /> TocssiisR w�ith all the ixaprovemente now or hereaftee erected on the property, and all eaaemes�te,
<br /> ri�hfs, appueteaancmr, reAta, royalties, mineral, oal and gaa rights and pmfits, water, water riQhta, end
<br /> wate:�tock. as�d a11 Sztures now or hee�eafter attached to the ProPertY� all of whieh, i�ludin8 repi�oe-
<br /> mayds and additaoas clsereto.�sii be deemed to be and remain a part of the property oovered by this
<br /> Moetp�e; �ed alt of tl�e forEgoing, together with eaid property (or the leaaehold estate ies the event this
<br /> �fo�et�e ia oet s Ie�aelwld) are here,in referred to as the "Property".
<br /> Rornoa�oovenant�that Borrower is lawfully seieed of the estate hereby oonveyed and has tl�e rislst
<br /> to moet,�apa. �t aad oonvey the Pmperty, that the Property is uneacumbered, and that Borro�v�will
<br /> watsaet apd dei�nd =eaenlly the title to the Property agsinat all claims and demanda, eubject to wy
<br /> ' a�rements�d restrictiona listed in s achedule of exceptions to coveeage ia any title i�urance poliey in-
<br /> i wu�Lender'e iatee�est ia tl�e Property,or (2) attorney's opinion of title from abetraet of title oertified
<br /> by bonded ab�act�.
<br /> � PiOVID6D ALWAYB, aad these preeente are ezecuted and delivered upo�f the followiag c�dittisons,�ree- �
<br /> ments wsrri obliptioes of the Borrower, to-wit:
<br /> T6e &�now�r�grees to psy to the I.ender,or order, the principal sum of ..'�3�R�X...kIG}�..Tfiq�?�iAA1D
<br /> ` Eit�BC_.�A.,A�I[l�..D�1.�S?0-.-------.----------------.----�ollare (uS E...3�.8l�0._Q�...._........_......)
<br /> ' payabb as provided in a note ezecuted and delivered,concurrenWy herewith,the flnal payment of peincipal,
<br /> iE dot sooeet paid,on the-.---...lst..----._...dsy of _......._.Noyember_.........__..., 16.�Q96
<br /> Uxcrosx CovsN,►xrs. Horrower and Lender oovenant and agree as foUowF�
<br /> 1. layr�t d FriaCipal�d ise�ewt Borrower ehall pa�ompttY paY wh�s due the pri�ipai of aa�d in-
<br /> tet+e�t oa t6e it+debtedneer evidenoed by the Note,prepaymeat and late chsrgea as provided in tEre Note,
<br /> and tl�e p�rincipal ot and intee�est on any Future Advances secured by this Mortgage.
<br /> L Preds far Ta�as and Inwr�c�. Subject to Lender'e option under paragraphs 4 aad 5 hereof, Bor-
<br /> oow^a's4iaA pay to I,onder on tl�e day tnonthly installmenta of principal and intereet are payable under the
<br /> Nobs,uwtii tl�e Note ir paid in itl1l,a aum (hereia "Funds") equal to one-twelfth of the yearly tases and
<br /> arereteata w'hich may attain pe{oeity wror td�is Mortgage, and ground rents on the PropertY. if aay pius
<br /> eas�we!['� of Y'ei!'�Y P� 1nstalF�fsenta tar hazard ineurance, Plue one-twelfth ot yearly pre�nium m-
<br /> M�r�Es ior�oetaagr i�we�os.if anx ati� reasonabty estimated initiatly and irom t"sme to time by
<br /> Irides a�t�w b�ir ot arrrrr�eeta md b�r snd reeeomble ertimacee thereof.Lender ei�all a�ly the Fundu
<br /> �pU'+�trser.s�e�ms�b.iasunaae pnea�iumr and d reats. Leader shall make uo char�e foe so
<br /> ' M�t�awd aQplyie�H�e Frwls or veeityif�sad compi�eaid asoeeaments sad bille. Ttse Lender shall
<br /> �vs!o tbe 8oernwrer.�vitl�ewt a ame
<br /> y vi ehte�a.en aqnual accountin�of the F�ada ehowit�credits aad debite Lo the
<br /> �ar�es�d!�s pur�e�e f�w�id�e�el�d�bit to l�+a P�nds was made. The Fundr are piedsed u adaiitional k
<br /> +; �+ ies t�s�w+�ear�ed �y,tiqa bfoe�t�e. Z7�e Soerowror ue�+ees that the Fuods n�ay be 6eld b�r t1�e -,�
<br /> ? I�seMe�ud oea�iy,ied with otiier aed t3�e Lende�"s own funda end t6e La+der may psy wci+�tems .-
<br /> 't lM�ft Hs awa la�nd� �und t3�e Lnder�aot be lisbie t�iatereet cr dividends on auch Frmde. �
<br /> �E li��a�tl tir i�M�ri IrY iy Iw�d�e,beeet�r wiatk tl�s t�nd�re moathiy ins�ts of i+�ods ;�
<br /> � �Iq�►1��e 1r►��w iMi�e!fr�„�wres�. im�me�,s _p�emiums asd sa+owid eess�s. �hall e�ed
<br /> �!� bs! tMiid t�,�or�nb,ier�uaaoe preen+wms md�rents ae they fiit due.
<br /> fq�t �j at]��,�p�,�' y to Bota+ower or credited Lo Barrower oo �.
<br /> ��+�mMk��i�#�at �. I! t�ie wM�amtt tlts �by Leader shall not be sv.S'icitnt to pay
<br /> �'��R �rw�1e1►p�+ei�r �aw�d reMsips�s t,h�y �due.B�oreo�ver ohall pay to I,eader "�
<br /> s1�1"� !s#w�is !b���s lbiety dsys�itee aotioe t:om I.ender to Boriower
<br /> ����e.r�tlrr �'����aeooirki��ssad, in mont�hly inetaffiodents of P�nds requind,
<br /> � a�riw�t�+llil��rw. �at all w�en�epYa�d l�r this�.Lendee shalt apply Funds held ae a ce+edit �
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