|
� �
<br /> �.
<br /> 1NDIVID{.fAL
<br /> DUE ON SALE
<br /> OPTIONAL RUTURE ADVANCES
<br /> 8AVINGS FUND
<br /> ' FWIr N0.720 . � . .
<br /> � Loan Number__3s483--- -T18_._--_l:��h
<br /> fG
<br /> �' 046�q� M O R T G A G E
<br /> THIS MORTGAGE, made and ezecuted this........ .......7�......... .. day of _..:_.�h..�-�--.. .----... A.A.,
<br /> 18_1.7-..., betwea►t6e Mortgagor, ...---B.xacld..L.._Iliu.r.low..aad..Iaura..J....7burla�v..--hwbsad_md_v1fe, '
<br /> ' .......................3AiaC1Y..aad..,aa�h...iaa..tb.�.ir..n�a..x�.8h.�...._....._........-- -...........--........----............... -- - -.........
<br /> ; ot....t�i�tld..�4lisd.........., County of ._.........Hd.k�._........_.....,State of_.NskX#�s1c,a........,hereinafter reterreci
<br /> to as th� Borrower, and the Mortgsgee, FIRST FEDERAL SAVINGS AND LOAN A$SOCIATION OF
<br /> LINCflLN, 1235 "N" Stzeet, Lincoln, Nebraeka 68501, its succesaors and aeaigns, hereinafter referred to
<br /> � �s Iendes.
<br /> Wi�tsve�erH: That the said Borrower foz and in consideration of the sum of ...�ZF.TY..S�IX_1H+�tISAbiD
<br /> rsv
<br /> AI�R_.IlOt�,OQ--.-----.-----.-----.-----.-----.-r--.-.-.-----.----.�oIIars (US �._56�.OUQ.OQ.__ __--� ..
<br /> )
<br /> : paid by vaid Lender, doee hereby mortgage, grant and convey to Lender, its eucceseora and aeeigna; the
<br /> fotloweng described property located in the County of ........_�il......................._..,State of Nebraska:
<br /> Lot T�veaty (20), in Capital Heights Sixth Subdivision, Hall County, Nebraeke.
<br /> �. �ItiOGETHER Wltlf ell E� improvements now or hereafter erected on the property, and all eaeements, � :
<br /> eishb, appurtensncee, rents, royalties, mineral, oil and gae� rights and profits, water, water righte, and
<br /> _ watsr axock, snd all fistures now or hereafter attached to the property, all of which, iacludins replace-
<br /> menta and at�ditions theseto.shall be deemed to be and remain a part of the progerty covere,d by this
<br /> Af�oet�e; and all of tt�e foe+egoing, together witU said property (or the leaeehold eetate in the event thia r
<br /> Stortsaq is on a lesrehold) are herein refen+ed to as the "Property,
<br /> Sorrow�er eovenante that Borrower is lawfuily aeieed of the eRtate hereby cronveyed and has the ri�ht
<br /> to ts�aet�, grsnt and convey the Property, that the Property is unencumbered, and that $orrower will
<br /> wratraat aad defead `enerally the title to the Property against all claims and demanda, eubject to any
<br /> , e�aetp�nts and restrictione listed in a echedule of ezceptione to coverage in aay title insurance policy in-
<br /> w�ittf JJo�fdne�s;atereat in the Property,or (2) attomey's opinion of title from abstract of titie cesti5ed
<br /> by booded abotracter.
<br /> PSOVID6D ALWAYB, aed these preeeata are ezecuted and delivered upot�the followiag canditioas,agree-
<br /> a�ttb aed oblisations of the Borrower, to-wit:
<br /> Tlie Botrower egrees to pay to the Lender, or order, the principal sum of._..FI�!TY..S�__�,,�,�t..__
<br /> .Al1D..����--.--.---.�------.:-----------.'.-'--...---------.�Doilats (CTS ....!!a000
<br /> ...... ...... .•--� - �•-�-� -•--� - - $ 5 ........00....._.............)
<br /> payabie ao provided in a note executed and delivered,concurrently herewith,the final payment of principai,
<br /> if aot 000ner paid,on the....._1s.t----..._.... dey of ........._May.__.___..._..---..._...., 19..98...
<br /> ' U�ttto�x CovsateNre. Borrower end Lender covenant and agree as follows:
<br /> 1. Parm�ett of A3eeipal aod Ieluyl. Borrower ehall promptly pay when due the principa1 of and in-
<br /> tetest on the indsbtedoeee evidenoed by the Note,prepayment and late chargeg as provided in the Note,
<br /> ud k!►e pesncipel of and intereet on eny Future Advances secured by this Mortgage.
<br /> Z. llseds for Tmcas a�d Ituueam�e�. Subject to I.eader's option under paraqraphs 4 and 5 hereof,Bor-
<br /> t�ow� shall pay to I.ender on the day monthly uzstnllmenta of principal and interest are payable under the
<br /> ' Note, nsti!tl�e 1�toCe ie paid in fitti,a�m (here,in "Funda") equal to one-twelfth of the yearly taxex and
<br /> , w�ews�eab�vhich msy attafin ptiarit over this Mortgsge, and ground rents on the Property, if any p1uQ
<br /> ate-baiwlEth of ye�rly prewniwn�ts for hazard insurance, plurz one-twelfth of yearl,y premium m-
<br /> �eatr ��age i�us�we, if er�ty' ail aa a+easonably eetimated initiaU�y and from time to time by
<br /> I�nnder aa khe hasis of assesarnents and bl!!s and reasonable estimates thereof, Lender shall app13•the Fund�
<br /> � tn p�y aaid t�txea,aereasenents,ufsuearroe preauvms and ground renta. Lender Rhall make no c�rge=for so
<br /> ��(retl�e 8oe:� chae�e,�an u��rue ai ccount¢i g o�he F�adae ahowing credita aad debits to the
<br /> ltir�ds asd H�s p�n�o�s foe shid�e�ch debit to the Funds wae mad�e. 'T'!�e Funda are pDedsed ae additicsnal a
<br /> , �tOr tl�e awes secaeed�y t�Mortp,se. 'I'i�e B�a�ower age�ees t�st tlae Funde may be held by tfie
<br /> ' Lrwdrr awd oaao�led with aLhee�tsd�aAd tlse Leader's oa�a funds aad the L�ender may pay such iteme ^+�
<br /> ; 1M�a�Ir ws lwr�s awd tYe T+aaaee i�sa�t be �isbie foe uateeest or dividends on such Funde. "_ �
<br /> #ie w�lilet af k6s F�lisld by L�e.bo�etl�se' w�#di C4►e fuk�u�e moat�ly in�taL�menta of � .
<br /> �einr is!�dus dr+brs at��er,�smets. i�+e P�emimns an�d around nnte. ehatl e:c�eed �., '
<br /> �w �a��iyqried 6sps�a�aid laa�. aMp�.i�asa�aye�e pa�eesi�aos md�+namd reeta aa they faH due.
<br /> �,r..^; -�Yie1►ewc�rr�►li b!,N Hsw�sw�e�+'e e�bTrew,�i�1�e[a+l��� I'+'und��bo E�x�e+re�w ceedibed to H+uro�r on
<br /> ae� �oi'Fhuda. It t5e aoaust the by I�nder ehaA not be sufficient to pav
<br /> '�` �tIM�.�rM�. iar�r�ws V�mi�r�sr ap��ad na+�as thwy �i! du0. Baraowror�at! p�y to L�der r.�.
<br /> � M4�'�������������9�S"�al�ter noGoe irom I.ender to Boeeo�ver �-��
<br /> t Mo�.se Heeaowwr tlMill. as�e in moe�thly insts�nenta of Funde reqnit�ed,
<br /> .� ����g wtt�t�a lYiad account�3a� �aerlod-
<br /> � ���it IuH of t��Mou�ed by tLis Most�e,Lender ehall apply Funds held se a credit
<br /> � �
<br /> ;
<br />
|