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<br /> JNDIVIDUAL-
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<br /> DUE ON'SALE
<br /> '�R�' OPTIONAL FUTURE ADVANCES
<br /> F�� SAVINGS FUND
<br /> . �`���N FORM No.720 . . . . . . . . . . . .
<br /> � ry~"�JL Loan Number__ 34525__-_ 188 �_B.al_h �
<br /> ; 7� UQ509X
<br /> M ,U RTGAG E
<br /> � THIS MORTGAGE, made and executed this ...... .�_...._ _:.... day of _ ..�'���'!�... A.D., �
<br /> -�
<br /> ." 19 .` between the Mortgagor, .Timo.thy .5..:.Casey.,and.Ramona.K._.Case.y.,:. usband.:and saife
<br /> ...,
<br /> M ..,. . . . . . . . y""" . . . , ,.
<br /> , .�n3ntly._and..�ach..3:n._their_.o�n::xi,ght, . _ �---.. ...-�------------------ --•--... ..-•-----•-
<br /> � of....._:.Gzand..Zslaud::_..., County of_- _--..---Hall......::.......$tate of_..Diehraska.......,hereinafter referred
<br /> ,` p to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N'.' Street, Lincoln, Nebraska 68501, its successors and assigns,hereinafter referred to
<br /> as Lender.
<br /> 3 WzTxEssEzx That the said Bonower for and m consideration of the sum of :�?ENT?.:T.F�R��.__��QU�AND
<br /> } LTNDRED;AND NO 100 --------�ol:ars (US$ 9. )
<br /> a y . ......--[ •--....-• -------- . .. ...........�---�-��---... _.23.,6 _0.90. _.....
<br /> sIx x
<br /> $ paid b said Lender, does hereby mortgage, grant and convey to Lender, its Fuccessors and ass�gns; the
<br /> x following described property located in the County of _..... .Hall._..__..
<br /> --. .................. State o€Nebraska:
<br /> � The Southerly Ninety One Feet (91-') of Lot Six (6) in Block Twenty Five (25) in Charles
<br /> � Wasmer's Addition to the City,of Grand Island, Hall County, IQebraska, and described as
<br /> fo]1ows: Beginning at '-the Southwest corner of said Lot 6, thence running easterly along
<br /> and upon the-southerly line o£ said Lot 6 to the Southeast corner of Lot b, thence northerly
<br /> � along and upon the easterly line of said Lot 6, a distance of 91 feet thence westerly and
<br /> � parallel to the Southerly line of said lot 6, to tha West line of said Zot 6, thence southerly
<br /> �3 along and upon the westerly line of said Lot 6, a distance of 91 feeL- to the point of
<br /> 4 }+eg3.nnin�.'
<br /> Y �`a��.x�.� wiLh aii cne improvements now or hereaiter erected on the property, and all easements, �
<br /> � rights,appurtenances;xents, royalties, mineral, oil and gas rights and profits, water, waLer rights, and
<br /> ! water stock, and aII fixtures now or hereafter attached to the property, all of which, including replace-
<br /> � ments and additions thereto,shall 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 t.his
<br /> ' Mortgage is on a leasehold) are herein referred to as the "Property".
<br /> ;y
<br /> � Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br /> � to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower wili
<br /> � warrant and defend generally the title to the Property against all claims and demands, subject to any
<br /> easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in-
<br /> y suring Lender's interest in the Property,or (2) attorney's opinion of title from abstract of title certified
<br /> by bonded abstracter.
<br /> �' . PROVIDED��L�LWAYS� and these presents are.executed and delivered upon the.following conditions,�agree-
<br /> �'� . ments:and obligations of the Borrower, to-wit:
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<br /> j The Barrower agrees to pay to the Lender,or order, the�rincipal sum of ...T.�+?�NTY THREE THOUSAND
<br /> --..._
<br /> ,! SIX HUNDRED AND N0/100 ------ -------------�ollars (US y 23t600.00.... ...)
<br /> s �-----• --•---• -•---- �---..------.....__ -•-•-�................_.. .........
<br /> ` payable as provided m a note executed and delivered;cancurrently here�rith,the final paymc;nt of principal,
<br /> ; ifnot saonerpaid,oathe--_-:._.:J.:............. day of.---.. September....__....._..., 19....9Z. j
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<br /> ` Ut�iFoxM CovENaxTs. $arrower and Lender covenant and agree as follows:
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<br /> I.'Paymeni of Principal and Interest. Borrower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note prepayment and lats charges as provided in the Note,
<br /> j and the principal of and interest on any Future Advances secured by t,his Mortgage.
<br /> . 9'.F„n.�7a�f.. T.. ..a i., e..i.:_..i �
<br /> `' a�.:�ta i.ariuer's upiion under paragrap»s 4 ana 7 nereoi, Bor-
<br /> ry rower shall pAy�to Lencler on the day monthly installments of principal and interest are paqable under the
<br /> ,x Note,until the Npte is paid in full, a sum (herein "Funds") equai to one-twelfkh of the veariy taxes and
<br /> asses.sments�vhich may attain priority over this Mortgage, and ground rents on the Property, if any plus
<br /> one-twelfth of yearly preuiiurn instailrnents for hazard insurance, plus one-twelfth of year3y premium in-
<br /> ' stailments for mortgage insurat�ce, if any,alI as reasonably estimated init.ially and from time to time by
<br /> ; L.ender on the basis of assessments and l�ills and reasonable estimatsE thereof,I.ender ehall apply the Funds
<br /> to pa,y said taxea,asseRements;insurAnce preminms and �roLnci r�nts. Ler.de: s::a:; ;n,si;c no ch�r�e fo:so
<br /> � holding-and applying the Funds or verifying and compiling said assessmeni:s and bills. The I,ender shall
<br /> give to the Borrnwer,without charge,an annual accounting of the Funds showing credi�s and debits to the
<br /> ' Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br /> � s�ecurity for the_sums secured,by;this Mortgage. The Borrower agrees that the Funds may be held by the
<br /> Lender and commingled with obher funds and the Lender's own funds and the Lender may pay such items �
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<br /> from its"'own funds and the I.ender shall not he liable for inferest or dividends on such Funds. _ �" ,,,.
<br /> �,M, x.,�
<br /> j If the amount of the Funds heid by Lender,together wxth the future monthly installments of Funds f y ,�,
<br /> payable prior to the due dates o#ta�ces,:assessments, insurance premiums and ground rents, shall exceed 1
<br /> � the amaunt reqxiired to pay sa.id i,a�ces,assessments,_insurance remiums nnd y '`��;
<br /> „a � p ground rents�as the �fal]due, .� � � � �
<br /> ;,� such excess shall be, at Borsower's option,either promptly repaid to Borrower or credited to Borrower on
<br /> � ds. If the amount of the Funds held by Lenr�er shal! nnt he ��:fl'�rienf to nay " ;' ''
<br /> month]y installments of:Fun
<br />�,s taxes, assessmenta, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender - '
<br /> any acuounL nec,•er,s�iy to make up the deficiency withia thirty days after notice from Lender to Borrower '�°",�
<br /> requesting payment thereof, or Borrower shaiI, by an increase in monthly installments of Funds required,
<br /> repay the deficiency cvithin the Fund accounting periodC
<br /> CJF�on ��ywciiL iai full v[all sums secured by this Mortgage,Lender shail apply Funds held as a credit
<br /> against all sunrs due.
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