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r.q�.
<br /> y�'�s
<br /> � �
<br /> INDIVIDUAL
<br /> DUE ON SALE
<br /> � OPTIONAL FUTURE ADVANCES
<br /> �ILIr�4\�.N SAVINGS FUND
<br /> � Fo.M No.72� -__ -__
<br /> Loan Number__35123__ 199 - 1
<br /> Type d�uncti
<br /> 77. UOF�9�0 MORTGAGE
<br /> THIS MORTGAGE, made and executed this __.. _._. a�day of�. ... _... .._.._ _._. A.D.,
<br /> 19.77..,between the Mortgagor, .W1.1.1.71�cn_�..Z..u.ehr and �11en.J,. Luehz, husband and wffe,_._
<br /> 3o3ntly...and...�ach._.la..the.�.x. .o.wn. z.iSht, -..... _.__..... ..... _.. - - .._... _....
<br /> __... ......--
<br /> of _ ..._ i(QQd.-R�v.er.. __ , County of _ _ _.. _ _Hall. .___ .,State of . _ Nebraska,. ,hereinafter referred
<br /> to as the Borrower, and the Mortgagre, FIRST FF.DERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N" Street, Lincoin, Nebra�ka 6R501, its successora and assign:;, hereinafter referred to
<br /> se Lender.
<br /> WITNESSETH: TI18t tlle said Borruwer for and in ronsideration of the sum of Tfi�gTY._�HQUSANA..__.
<br /> lA1�II.2_N911QQ -.-.r---------.------ --------r--- ------.-.�ol:an (US$.._ _ _30,.00O..UO ._ -__ )
<br /> _ __.. _ ___ _ __ __........_.
<br /> paid by said Lender, does hereby mortgage, �rant and conve,y to Lender, it.s successors and assigna; the
<br /> following dexcribed property located in the Count,y of _.__ _ .Hall_ _ _._. , State of Nebraska:
<br /> Lot Five (5), in Block 'Pwo (2), West North Lawn Second Addi.tion to the City
<br /> of Wood River, Hall County, Nebraska.
<br /> TOGETHEE with all the improvement� now or hereafter erected on the property, and all easements,
<br /> righte, appurtenances, rents, royalties, mineral, oil and gas rights and profit�, water, water rightH, and
<br /> water stock, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br /> ments and additions thereto, ehall be deemed to be and remain a part of the property covered by this
<br /> Mortgage; and all of the foregoing, together with said properiy (or the leasehold ertate in the event this
<br /> Mortgage is on a leasehold) are herein referred to as the "Pmperty".
<br /> Bortower covenants that Borruwer is lawfully �seised of the estate herrby conveyed and has the right
<br /> to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
<br /> warrant and defend generally the title to the Property against all claim� and demands, 4ubject to any
<br /> easemente and restrictions listed in a �chedule of exceptions to coverage in any title insurance policy in-
<br /> suting Lender's interest in the Property, or (2) attorney'x opinion of title from abgtract of title certified
<br /> by bonded abstracter.
<br /> PBOYIDED ALWAYS. and thetie presents are execut.ed and delivered upon the following conditione�,agree-
<br /> ments and obligations of the Burrower, ta-wit:
<br /> The Borrower agrees to pay to the Lender, or order, the princ�ipal aum of THIRTY THOUSAND
<br /> _..._.-.__..-.A�ILl_D1DLIQQ --r- ---- ---- ----- -------ih�llars (US � _._.30�000.00 �
<br /> ... . __. _.._ _
<br /> payable as provided in a note executed and delivcred,concurrently herewith,the final payment of principal,
<br /> if not eooner paid,on the __ J,st. dav of. _.. M�Y . ?9� 2.003
<br /> UNIFORM CUVENANTS. $Ol'tOWCi 311d I.(:RfIeI COY(IIa11f. �1I1<I agree a.� folluw�:
<br /> l. Paym�nt o!Priacipal�d Interert. Borrower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note, prepayment and late charges ae provided in the Note,
<br /> end the principal of and interest on any Future Advances secured by thi.� `�lortgage.
<br /> Z. Fuads tar Taxes mid Insur�ee. Subjert to Lender'ti option under paragraphr 4 and :� herck�f. Bor-
<br /> rower shall pay to Leader on the day monthly instailments of principal and interest are pa,yable under the
<br /> Note, until the Note is paid in full,a sum (herein "Funds") eyual to onr-twelfth ot the yearly taxes and
<br /> asaessments which may attain priority over thie .vlortgage, and Kround rent� on the Propert4, if any plus
<br /> une-twelfth of yearly premium installment.� for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortqaqe insurance, if any, all as rea�onablY e�;timated initially and fmm time to time by
<br /> Lender on the basis of as�es�crient�anJ bill�and reaNunable e,timacr�;therruf, I.ender shall applv the 1�'und�
<br /> to}�ay enid tazeR, as�rsments, ineurance premiums and ground rents. I.endr.r �hall rnake no ���arge fur su
<br /> hold'usg and appl,ying the Funda or verifying and cvmpiling said ae,t;essments and bills. The Lender shall
<br /> Rive to the Botrower, without charge, an annual accounting of the Fund::showing credits and debits to t,hr.
<br /> Fnn�and the purpoee for which each debit to the Funds was made. The FundK are pledged as additional
<br /> secueitv for the eums eecured by this Mortgage. The Borrower agrees that the Funds mav be held bv the a
<br /> Lendei and comtaingled with other funds and the I.ender's own funds snd the I,ender may pay such items
<br /> feum its own funds and the I.ender shalt not ue liable foz interest or dividends on such FundE. �* �J;M �
<br /> I If t5e ae�ount of tl�e Funds ttield by I.ender,together with the future monthly installments of Funde �;y
<br /> D�Yd��°� bO t�due dates of tazea>aeeessments, insuraace premiums and ground rents, �hall exceed ;�
<br /> ��tnt r�Vmi'ed topa Y said tases,asseeet�aents, insurance premiumes and grouad rnnts as they fall 3ue,
<br /> auch e�oewe xa11 lfe, at li�rscs+ver',y pption, e(t�cr pzompLly repsid tc� Burruwer ur �r�liteii lu Born,wrr on
<br /> m��lY �uments at Funde. If tlw amoant of the Funds held by Lender shall not be sufficicnt tu pa,y
<br /> f+�. +�a�eats. iew�aoce pxmiums and �round rents as they fall due, Borrower shall pay to Lender
<br /> �y�t ��Y ��e�+P t6e de6ciency w�ithin thirty deys after notice from Lender to Borrower �
<br /> �'�V� p�ymeet thea�eof, ot Borrower s}�all, by an increaee in monthly installment4 of Fund� re�quired,
<br /> trt+eq tffe de5cieac�� within the Fund uu;uuuLit� �eri�x3,
<br /> �Tp� paysaeet in tull of all sums eecnred b,y thie Mortgage,Lender ahall apph• Fund�hrlci a�a c•rrdit �
<br /> aRainst all yums due.
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