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<br /> INDIVIDUAL
<br /> DUE ON SALE
<br /> Fl�'' OPTIONAL FUTURE ADVANCES
<br />; �� SAVINGS FUN�
<br /> 3 FORM No.720 `,, � �
<br />�� ,
<br />'I - U 0�1�� Loan Number---3380�_-_�8.$ _-_B��
<br />" 78 lJ
<br />� �
<br />} — M O R T G A G E
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<br /> 4 ;
<br />; THIS MORTGAGE,made and executed this ...............1 g._.... day of ....... _... ......... . ..._. A.D.,
<br />� 19__..:Z:j.,between the Mortgagor, _.Mauri.ce. ..Hasseaglug.and_.Joana.C_..Hasseap�lug-,--husba�d••aad
<br /> h ._..wif�.--3nintly._.and each.in..their..uLm__right----.----------------�-t.--.-�..,,.............�.....�,,.....� �
<br />; °E---_GxaAsi_.�s.7.An.d_......., County of...---._.....Hall....... .......State of...Neh=aska.......,hereinafter referred
<br /> i 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 aasigns, hereinafter referred to �
<br /> as Lender.
<br /> s
<br /> 1 WITNESSETH: Tt18t tI1C Sflld B0170W@! LOt and in consideration of the sum of.FQ�.y_.x�OIISANI2....._. �� � -
<br />; AND No/100-------------------------------.---c------�oIlars (US$._...40oQA.0..4D.-----�-----•-�--->
<br />, ------------- • • ----------•-�---.._..._........------••----•--....--- •-- .
<br />� paid by said Lender, does hereby mortgage, grant and convey to Lender, i�s successors and aasigns; the
<br /> tfollowing described pmperty located in the County of ..__...Hall________________,..__,.., State of Nebraska: '`
<br /> i Lot Eight (8), Centennial Gardens Subdivision, an Addition to the
<br /> City of Grand Island, Hall County, Nebraska.
<br /> TOCETHER WItI'1 All ttl@ improvements now or hereafter erected on the property, and all easements, . .
<br /> rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br /> water stock, and all 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 this
<br /> Mortgage is on a leasehold) are herein referred to as the "Property".
<br /> Borrower covenants that Bonower is lawfuliy 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 will
<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 /> 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 ALWAYS� and these 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..FARTx--.THOIJSAND--4tSD�----- �
<br /> NO/100--=-•-•---_------------------------_---------�----------�ollars (US$4II 004.-00�---•--..._._._....._)
<br /> payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br /> if not sooner paid,on the _..._..1s�-------------- day oE....----December...--.-_._.-_---.+xpg-2pp(�
<br /> UNIFORM CovexwxTs.Borrower and Lender covenant and agree as follows: . � . �.
<br /> 1. Payment ot Priacipal�d Iaterest. Borrower shall promptly pay when due the principal of und in-
<br /> terest on the indebtedness evidenced by the Note,prepayment and late charges as pmvided in the Note,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Funds for Taxes aad Insur�ce. Subject to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> rower shall pay to Lender on the day monthly installments of principal and interest are payabie under the
<br /> Note, until the Note is paid in full,a sum (herein "Funds") equal to one-twelfth of the yearly taxes and
<br /> assessments which may attain priority over this Mortgage, and ground rents on the Property, if any plus
<br /> one-twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortgage insurance, if any, ail as reasonably estimated initislly and from time to time by ,
<br /> Lender on the basia of asseasments and bilLv and reasonable estimates thereof, Lender shall apply the Funds
<br /> to pay said taxes,assessments, insurance premiums and ground rents. Lender shall make no charge for so
<br /> holding and applying the Funds or verifying aad compiling said assessments and bills. The Lender shall
<br /> give to the Borrower,without charge,an annual accounting of the Funds showing credits and debits to the t,
<br /> Funds and the purpose for which each debit to the Funds was made_ The Fands are pledged as additional
<br /> _ security for the sums aecured by this Mortgage_ The Borrower agrees that the Funds may be held by the �+_:.
<br /> _ Lender and commingled with other funds and the Lender's own funds and the Lender may pay such items � " rf, �
<br /> from its own funds and the Lender shall not be liable for interest or dividends on such Funds. ; �;��'';
<br /> If the.amount of the Funds held by I.ender,together with the future monthly installments of Funds �
<br /> payable prior to the due dates of taaes;essessments, insurance premiums and ground rents, shall exceed ,
<br /> the smount required to pay said taaes,asaessments,insurance preminms and ground rents as they fall due, �
<br /> � auch exceas shall be,at Borrower's option;either promptly repaid to Borrower or credited to Bonower on Y`•
<br /> monthly,inatallments of Funds. If the amount;-of the Funds held by Lender shall not be sufficient to pay
<br /> tazes, assessments,insurance premiums and ground rents as they fall due, Borrower shall pay to Lender '
<br /> any amount necessary to make up the deficiency within thirty days after notice imm Lender to Borrower
<br /> requesting payment thereof, or Borrower ahall, by an increase in monthly installments of Funds required,
<br /> repay the deficiency within the Fund accounting period.
<br /> Upon payment in full of all sums secured by this MortgaRe,Lender shall appl,v Funds held as a credit �
<br /> againxt all sums due.
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