|
, ,., ,
<br /> „,;; _,.-��.. �,.� . � ..,. . „ ��;. .�- ;,�,
<br />_�;�n,;
<br />�='��='
<br /> . ,
<br /> � _ �
<br /> ��
<br /> .. . ,`�7��.�U U 5 9�}� �ui-f���e
<br /> T MO TGAGE is made this_2�day�of e � ,, 19zZ,between�tF�e Mortgagor, � : .� .
<br /> RQB��t'i L� MUNOZ a�a , whose address is
<br /> —Tp"i$�E"ps�4 ran s an , ebra-�b cne�ei„
<br /> °Borruwer") and tt+e Mort agee, PLYMOUTH.MORTGAG SERVIGECO. a O._�aware�corpora4on, wilh affices at 4525 Northpark
<br /> prive, $u�te 707� Lolorddo S�rinas 'Co�orada 80407 tne�e�� ^�e�a�r���.
<br /> Wbereas, Borrowar and Lender,have euecuted a Constrpetion�Loan A reement�of�even date�(herein�°A,g reement"} undar �
<br /> � which�le��has made to Borrower a loan in:the principal amount o!�EN��/-FI�HT�.THnIISAN(��:$�_ . ��
<br /> ����NO 5� Dollars (5 ) P'Loan�Rmount") for ihe:express
<br /> purpose of performing:certain work.�on the�mortgaged�premises described..below; and. •.'� �.- �
<br /> `Whereas,�ln�cannection with the Agreement and pursuant�to�its Lerms�,�,��8orrower�has executed a Note.(herein�"Note")
<br /> of even date in-.the Loan�Amount 7iayahie tv the Lender whereby.the 8orrower obligated itself to pay to�the Lender�the
<br /> amounts so advanced, plus inlerest as therefn.s[ated as followr. ��An lhe fir t day of.. .D�I�. ��.�. :I�8.and
<br /> � �` on tha Orgt day�of each���Vcceeding�month�ihereafier..until �G1'Obe� ���97g� interest,on the daily�balancas � � �" -. �
<br /> of the.�Loan Amount outstanding (amounts�disbursed) .during the:prior month; ana.thereaker on � � � � � �
<br /> �Cto�1'���� �97g� �� a flnal payment In an�amount equal to the sum��ot the Eollowing:..outstanding.balance of the
<br /> :i---^
<br /> .loan���Amounl�,��intaresl on�the dafly balances of the.Loan Amount�ouutanding.duriog the�prior month and�on tMe,daily
<br /> baiances o(the L.oan Amount outsWnd�ng during the.perlod�commencing (rom the date of f rst disbursement to �
<br /> a�ch 1� 1978 , :
<br /> � So sewre.to Lender�.(a) the repayment�bf the Indebtedness evidenced�by lbe�Note with interest thereon as set�.�forth .
<br /> �in�the.Note�any.axtensions and/or�renewals.or�modifi cadons of�such Note,.,the paymen[of�a11.other�sums w(th�i�terest
<br /> _ . tlxreon advanced fn accordapce kerewixh to.protact[he security�ot this Mortgage and�the�performance'of.the�eovenants ;',x
<br /> �� � and��agreements of tfie�.Borrower�herein con[aioed�and�contained��in tha Agreement,. and (b) �the'repayment�of any,future ��.
<br /> � �advances,:�vrith�interest�tfiereon,�made�to Borrower by.Lender pursuant to'paragraph:�.�,hereof, herein "Future Advances^,�
<br /> .� Borrower doas�hercby mortgage, grant. and�convey to Lender,�the following described property located�,in tha County
<br /> or Hal I a�d sc,�e ar Nebraska
<br /> Lots Three(3)and Four (4) in Fractional Block Fourteen (14j in Evans Addition to tt�e City of Grand '�
<br /> Islar�d,' Nebroska.`
<br /> < �
<br /> t
<br /> 3
<br /> ,i
<br /> ��� �Togeiher�with all ttie iroprovemenis now or hereafter�erected on the property and all easements,.�rlghts, appurtenances��, rents,�.
<br /> - royalties,��minpral, oi� a�d gas rights and profits, water, water rights and water stock, and�all fi<tures now or hereaRe['attached:�. �r
<br /> ��to tf�e rtwrtgaged premises, a��of which, i�clutling replacements and�atlditions theret0.��;ha11 ba deemed io-be andTemain�a.parCof �
<br /> id- � � tfx�proper[y�covered'by�lhls�Mortgage;�and all af lhe foregoing, together with said property.are herein�re(erred��to aS.tMe^'Property.^: �
<br /> . �;;. � � �`<Bvrrower�covanants that 8orrower is tawfully seised�o(the�estata he�eby conveyed and has the right to�mortgage�,.grant and � �'��
<br /> �� �. � � �copvey�.the Property�,that the Property is unencumbered, and that Borrower wi.11 warranl�and detend generalty the.tiUe�to the ��
<br /> ; " Pcope.rty.against�all da�ms and demands, subject to any easements and�restrictions approved by�Lender in writing. � . . '
<br /> . � � UNIFORM COVENANTS,Borrower artd Lender covenant and agree as fotlows: , � � � � � �
<br /> � �1. Payment of Principal�and Interest. Borrower�shall promptlypay when due[Me principal of and interest on the Indebted-� �
<br /> � � ,
<br /> �.:; �. � � � ...��ness evidenced by the Noce antl tate charges as provided in the Note. � � � � � � .. �� . . � � � �� � � �.'�
<br /> ..�,� . ' �2.�Punds forTaxes and Insurance.� Subject to Lender's optlon under Paragraphs 4 snd.5 hereof,Borrower sfiall pay�to . � ��� � . �
<br /> � �� Lenderbn Lhe day�monthty Installments of principal and Interest are payable under the Note,untit the Note is pald in full,a sum . � ��
<br /> . .�� � �(herein"Funds")equal to�one-twelt[h of the yearly taxes and assessments�wbich may attaln priority over this Mortgage,��plus.. . � �� . �
<br /> . onrtwelfth ofihe.yearly premium InsWllments for ha:ard.insurance,all as reasonably estimated inlRially and(rom time�to time��. �
<br /> � � �by Lender on the bas7s o[assessments.and bills and reasonable ostimates.thareof. Lender shall holtl the Funds to.an account whicb �� �
<br /> �'� � � �� �� fs lnsured 6y a Federal Or.State egency and shall apply the funds(rom satd account to.pay said taxes,assessments,and . � � ..
<br /> � � � insuranca premiums. Lender�shafl make no charge(or so holding antl apply!ng the Funds,analyxing,said account�qr.verifying,. . �
<br /> ����� � � � and�complJing.satd assessaAnts�and bills.:Borrpwer and Lender may agree In��writing at the time of.execution of tMis Martgaga. � �
<br /> �:� . � that Intorcs.t on the Funds��shall 6e.Anid!n Borrower,antl unless.such agreement Is mede,Lender shall not be required-to pay � ��� . .� �
<br /> , �;, Borcower�any�interesfon the Fxinds:� Lender shaq�give to Borrower;� withoiit ct�arge, ao annuat accounting of the�Funds sNowl�g... � . �
<br /> �� �trodi[s�and�debits to the Funds,interest, if any,paid to Borrower on the Funds and the purpose for whlch each dehlt to the Funds. � . �
<br /> � � wns made. The Funds are pledged as additfonal secur{ty for[he sums sewred by this Mortgage. � � . � �. . _
<br /> .� .. )f the amount of.Funds beld by.Le�der,.toyether wlth the luWrc monthty fnsta0menls of tunds payable prio�to the due dates of � . . .
<br /> � taxes,assessmants. and�risurance premiums shall exceed tha amount requlred to pay saitl taxes,assessments and inaurance � � � �� � � .
<br /> ...; -. premlums as they fal!�ue,such ezcees shall.be,at Borrower's option, either prompily repaid 2o Borrower or credsted.to . . . . . � �:
<br /> :.Borrower an monthly tnstallments of funds.�.1f the amouM of the funds held by lender�shall nat be suFHcient to pay.taxes, � . �
<br /> .aasessmentr,and I�surai�ce premiums as they,fall due,:Borrower shall.pay�tp�ender any amount.necessary to.make up tF�e . . � . . � �
<br /> � �� .�deflclencywlthin 30 days afternotice from tentler�to 8orrower�requesting payment therenf. � . �� � �� � � � � � � S
<br /> d .. Upon payment in full of atl sums sacured by this Mortgage,Lender shall promptly�refund to.Borrower any�Punds held by .� �. �� �
<br /> : Lender. � '
<br /> �: . �. . � . . . . . . . . . �_ s � M �� .
<br /> H .�{''�"
<br /> 7 CM-GEN-U-75 � � . � . . . :� .:z�� .
<br /> t
<br /> � . .. . ; . . . �� .
<br /> . , � . . . � i�.
<br />� .. .. . .... . . . , . . . . . . . . .. . . . .. � � . � . . � . � ;. .
<br /> . . . .. � . � �. . . � . , �,'.
<br /> ;�, .� � . �� � � � ORtCINAL RETURN TO PLYMOUTH; BORROWER RETAIN COPY , � � � :
<br />� � . . � . � . � . �. . .� . . . � .
<br /> 1� �
<br />
|