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<br /> I �
<br /> � INDIVIDUAL
<br /> DUE ON SALE
<br /> OPTIONAL FUTURE ADVANCES
<br /> L 3AVING3 FUND
<br /> � ,.,,, Fo�M No.�20
<br /> Loan Number___ 35312 _-___ 18�-___1..
<br /> - Troa B.�ncn
<br /> 77-0 0 7 5 8 9 M O R T G A G E
<br /> THI3 MOHTGAGE, made and executed thia ... _ .. _ - _...a.7�l1. day of _�`/Ec'Q�nr��.,. .. .. . A.D.,
<br /> 19.7'.,7.., between the Mortgagor, . ..�+i�.l.�iam...$,...$4��zi,...a .s.i.ngl.e pei.aan_.. _ _..._.... .._____
<br /> --... _.. _... .. ..._.. _._. ..._ ._... _ _..._.. _._. .
<br /> __.. . . ..
<br /> of _rand Island , County of . __Ha�l .__._ ..,State of. �Ie�t,3�s.ka_ _,hereinafter referred
<br /> to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS ANll LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its succe:;sors and assigns, hereinafter referred to
<br /> as Lender.
<br /> W1TNE86ETH: T}18C tf1E said Borrower for and in consideration of the sum of_T�NTY. SEVEN,THOUSAND
<br /> 1W0 HUNDRED AND NO/.100---- ---- ------------ ------r�oCars (US$ 27,.2QQ.DQ.. _. )
<br /> _.. ... _... __. _... _.__.. ...
<br /> __ _ _._ _. _
<br /> paid by eaid Lender, does hernby mortgaqe, grant and conve,y to Lender, its successors and asaigna; the
<br /> following described propert,y located in the County of ._ ....Ha.11. ____ __ .._ _ � G�� of Nebraska:
<br /> Lot Oae (1), in Block Thirteen (13), in Boggs and Hill's Addition to
<br /> the City of Grand Islend, Hall County, Nebreska_
<br /> TOGETHEY with all the improvements now or hereafter erected on the pmperty, and all easements,
<br /> ��. aPP�+"�g��, rents, royalties, mineral, oil and gas rights and pmfits, water, water rights, and
<br /> water stock, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br /> menta and additiorie thereto,shall be deemed to be and remein a part of the pmpert,y covered by this
<br /> Mortgytge; and all of the foregoing, together with said pmpertY (or the leasehold estate in the event this
<br /> Mortgsge is on a leasehold) are herein referred to as the "Property".
<br /> Borrower covenants that Botrower ie lawfully seised of the estate hereby conveyed and has the right �
<br /> to mortgage, grant and convey the Property, that the Property ia unencumbered, and that Borrower will
<br /> warrant end defend generall,y the title to the Property againet all clairr� and demands, aubject to any
<br /> e�einente and restrictions li�sted in a schedule of exceptions to coverage in any title insurance policy in-
<br /> earin6 Let�der's interest in the Property,or (2) attorney's opinion of tikle from abetract of title certified
<br /> by Iwsded abstracter.
<br /> PlOVIDED ALWAYB, and these presents are executed and delivered upon the following conditions,agree-
<br /> ments and obligations of the Borrower, to-wit:
<br /> The Botrower agrees to pay to the Lender, or order, the principal surn of - �ENTY SEVEN, TH.QU$AND
<br /> 1TiO HUNDBED AND NO/100---- ---------- ---- ------'Dollars (LJS $ Z�...200,00.
<br /> .. ..... .__._ . ___ ..._ . )
<br /> _ _ - --. . . _
<br /> payable se provided in e note executed and delivered, concurrently herewith,the final payment of principai,
<br /> if not aooner p aid,on the .. _ _�.t.. . _ d a y o f _ J a A u a x y_ , 1�c 2 Q p'7
<br /> UNlFORM COVENANTS. BOtK)WCY fllld LpI1(�pI'CpVEi1Al1C and agree ae follow�:
<br /> 1. Payis�nt of Prineipel�d labrest, gortoN,er shall promptly pay when due the principal of and in-
<br /> tenest on the indebtedness evidenc�ed by the Note,prepayment and late charges as pmvidc�l in the Note,
<br /> and the principal of and interest on any Future Advancer secured by this D1ortgsge.
<br /> Z Fuad�for im��s msd Iasua�c�, Subject to Lender'H option undPr para�raphs 4 and 5 hereof, Bor-
<br /> rower shall pay to Lender on the day monthly installments of principal and interest are payable under the
<br /> Note,until the Note is paid in full,a sum (herein"Funde") equal to one-twelfth oi the yearlv t.axe� and
<br /> aeeea�tnettts which rnay attain priority over thie Mortgage, and gmund renta on the Property, if anv pluR
<br /> ane-twelfth ot yearly ptemium inetaumenta for hazard insurance, plur; or�-twelfth of yearly premium in-
<br /> �tafltnente for mortgage insurance, if anx, al! as t�easonably ecctimatcxl initially and from time to time by
<br /> Ixnder on the haciR �f avseaqments and bills and reasunal�Ir ebtinwtee: thereut,Ixnaler ehall apply the h'unds
<br /> �P�Y�d ��, asee�emente,ineurance peoemiums and ground rents. Lendrr shall make no charge fur ao
<br /> �i +�d aPD�Y�i the Funds ar verifying and compiling tzaid assesaments and bills. The Lender shall
<br /> ��"e bo the Boero�rner,witl+out charge,an annual accounting of the Funds showing credits and dehits to the
<br /> ��P�P�f��h each debit to the Funds was made. The FundR are pledged ae additionel r�
<br /> oec:urity 6or tiae�uQar�ecured by thia Mottgage. The Borrower agrees that the Fuada may be held by the
<br /> I.�e+aad ooa9min�lled with ot2�+er funds and the Lender'e own funds and the Lender ma �� �w
<br /> itom ita oven fuodr aad the Y PeY such iteme �
<br /> I.endee shall aot be liabie for interest or dividends on euch Funds.
<br /> If������d b3'I�d�•togetl�et a'itFi the future monthly installments of Funde � r°�
<br /> I�Y�P�'��b t�s due d�ta�o!tste�, ade�ta, ie�urance ptemiume and ground rents, shall exceed �'`,,
<br /> ��Ot��pa y��atea.�se�smsents,inw�rance preiniunfe and grot�nd rents sa they fall due,
<br /> wch es�c+�s alrii b�.�t Bar�er'r �i
<br /> i �w, e+t4xr prom�ly repud to Borrower or credif.�xi tu Burrowrr un
<br /> � autallmeAt+e of P�ds. If t5e amount ot the un�A held hy Lender shal! not be sufficicnt t.o pay
<br /> t+�uer. a�.rmenta, awtaaoe pt�eeuwns aed sroudd tenta ae L6ey fall due,Bornower shall pay to i�ender •«
<br /> � �°O�°� b0��P�de�enC3'w�itl�in thirty days after notice fron� Lender to Borrower
<br /> ���t� � ���. bY an i�cresee in monthly instaliments of Funds required,
<br /> e�epav tl�s r.r within the Ftimd accounting {�eriod.
<br /> U��S'�Rt� � ���"sec�+i'sd bY this Mortgage,Lender shal!apply Fundti held an a credit �
<br /> aKainst all w�us due.
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