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� �
<br /> INDIVIDUAL
<br /> DU� ON SALE
<br /> �� OPTIONAL FUTURE ADVANCES
<br /> SAVINGS FUNO
<br /> � �� FORM No.720
<br /> Loan Number---3�9_Q7_-- -_L$$---81�_h
<br /> 77- (.�0F984
<br /> ,�����. M O R T G A G E
<br /> THI$ MORTGAGE,made and executed this .. _ . .. .�.9 ..... . day of �l��!'�k- _. A.D.,
<br /> 19...��7_,between the Mortgagor,G111.�.iam,E,._Dalrymple and Toni_L,. Dalrymple,, husband_and,vife,
<br /> jo.1�AL�.Y-..��id..¢.8.�#1�._.in their,own..right. ........ .. ..
<br /> .. . ........ _... ___ --... - -..._
<br /> of .__Grand..Island......_., County of .___ .?'�17-...__..__. .....,State of .Nebraeka__..._ _,hereinafter referred
<br /> to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N" Street, Lincoln, Nebraska 6R501, its succer,Hors and aseigna, hereinafter referred to
<br /> as Iender.
<br /> WITNESSETH: TF19t tF1B said Borrower for and in consideration of the aum of THZHTY..DIINE..THOUSAND
<br /> ADID..NU/100..-.-----------------------------------.----.--DoCars (US$..39.,_Q00..!QQ. .__ _..._.....)
<br /> paid by said Lender, does hereby mortgage, grant and convey to Lender, its succeseor� and asxigns; the
<br /> following described property locsted in the County of .__..._ _Hall___._ ..__.._._. , State of Nebraska:
<br /> Lot Five (5), Ross Heights Second Subdivision, Hall County, Nebreska.
<br /> ToceTxEa with all the improvementa now or hereafter erected on the pmperty, and all easemente,
<br /> righte, appurtenancee, rents, zoyalties, mineral, oil and gae riqhts and pmfitA, water, water rights, and
<br /> water etock, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br /> ments and additions thereto, shail be deemed to be and remain a part of the property covered by this
<br /> Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event thic;
<br /> Mortgage is on a leasehold) are herein referred to as the "Pmperty".
<br /> Borrower covenants that Borrower is lawfully sei�ed of the estate hereby conveyed and ha�c the right
<br /> to mottgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
<br /> warrant and defend generally the titie to the Property against all claims and demands, subject to any
<br /> easemente and restrictiona listed in a schedule of exceptiona to coverage in any title insurance policy in-
<br /> suring Lender's interest in the Pmperty,or (2) attorney's opiniort of title from ab�tract of title certifeed
<br /> by bonded abstracter.
<br /> . P60VIDED Ac.wwYs, and thc�e presents are executed and delivered upon the following conditions,agree-
<br /> ments and obligations of the Borrower, to-wit:
<br /> The Borrower agrees to pay to the Lender, or order, the principal sum of THIHTY..NIHE THQIISA�ID.
<br /> AND..1iQL1SN1.-.-------------.-.----.-----.----------.-----.-Dollars (US �...39.,000.00__ _ _ )
<br /> payable as provided in a note executed and delivered,concurrent]y herewith,the final peYment of principal,
<br /> if not sooner paid,on the.__ .. yst._ ..._. . day of _.-Dacemt�s� - - ,XA.X `L0 06
<br /> �. UNIFO6M COVENANT3. BOtTOWEr aA(� I,BIId@i COV@R&RL 5I1(� agree ax follown:
<br /> 1. Paym�t of Principal�d Int.rert. Borrower shall pmmptly pay when due the princi�a 1 of and in-
<br /> terest on the indebtedness evidenced by the Note, prepayment and latr charges as provided in the Note,
<br /> � and the principel of and interest on any Future Advances secured by thie �lortgage.
<br /> 2. Funds for Tmces�d Iasuranc�. Subject to Lender's option under parapraphs 4 and 5 hereof. Bor-
<br /> rower ehell pay to Lender on the day monthly inntaliments of principal and interest are payable under t.he
<br /> Note, until the Note is paid in full, a sum (herein "Funds") equal t� one-twelfth of the �•early taxes and
<br /> , sesesements which may attain priority over this Mortgage, and �round rentx on the Property, if any plus
<br /> one-twelfth of yearly premium installmenta for hazard insurance, plus one-twelfth of yearlY premium in-
<br /> stallments for mortgage insurance, if any, all as reasunably estimated initially and from timr tu time by
<br /> Lender on the basis of assesemente and bills and reaaanahle�Rt.imate�thrreof, I.rtider�hall appl�� thF Funcl�
<br /> to pay eaid t,azee,aeaessmeate, insurance premiums and ground renta. Lender ehalt make no charge for so
<br /> lwlding and applying the Funds or verifying and �mpiling eaid assesements and bills. The Lender shall
<br /> ��ve tc+the Borrowez, without charge,an annua!accounting of the Fundic ehowing credits and debite to the
<br /> aad the purpose for which�ch debit to the Funds wax msde. The Funds are pledged as additional
<br /> aecunty for the suma aecured by thia Mortgage. The Borr�wer agrees thek the Fund� may be held Uy ttae
<br /> Leeuier and oommingied w�ith other funde nnd the Leader's own f+unds au�d the Lender maY pey such items � ��
<br /> irom ib owa funds aad the I.mder ahatl not be liable for intee�est or dividends on such Funde.
<br /> Ii the amouaL of tl�e Funde held by Let�der,togetl�et with tbe futvre awnthly instalLnents of Funds
<br /> l�9��e�ur bn tbe due dates ot ta�ea,aasees�senta, inwranoe pre�iwos aad ground renLs, shsll exceed `
<br /> t�s amouat neQt#ired topa y nid taz,e�,a�ts,ineurancx prewutns aed ground rents as they fell due, `
<br /> aic3f e�teaw d3t!! be,at Bocrovaer's optioa,eitbiet P��P�Y�W�to Boerowrer or credited to Borrower oe ""
<br /> �osth�y im�tatimen�r of Fued�. If tAe amount of the Funda heid by l.e+uier ahsU nc�t tx wuNic+e�nt to pay
<br /> tazes, acoeeaa�e�ptc, iueuraw�e �iusw a� c
<br /> any miamt to make �e E�d ee�etr u ti�ey fall dve, Borrower r�all pay to Lender �.
<br /> �'Y �P �S w itbin thiety dayf aftet notace irom Lender to Borrower
<br /> �V+�i Y�t �f, a�Orsow�er a6a!!, by an ince�e�se in montiily inatallmeats of Funda required,
<br /> r�Y ��' �vit�in ti�e Fwd aoeau�tin�c period.
<br /> Upon ptyment in fuU of all sume secured by tbia Mortpgoe, Lend�r sha11 apply Fuads held es a credit
<br /> a�si�t alf sume due. �
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