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<br />� '.-', .
<br /> INDIVIDUAL
<br /> �UE ON SALE
<br /> a� OPTIONAL FUTURE ADVANCES
<br />� �■� SAVINGS FUND ;
<br /> . . r�vC . PonM No.7zo �. . . �,;
<br />'1 V��-N 35496 188—
<br /> r Loan Number---- ----- ---------�--- .,.
<br />,� . rroe e..�en i
<br /> r
<br /> i 78-t100816 MORTGAGE
<br />+ � �
<br /> T�IIS MORTGAGE,made and executed this -----------------•---..--.--o.. day of�........._.............-_.------A.D., '
<br /> ;.
<br />� 1s..78--,between the Mortgagor,----Reti.y..3._..Trentmaa>..a..single..person------------..-...n..,....�, ;
<br />.: •..................•---•----•-•-•--................_.........-----.._....--�--•----...__......---�------.._............-•-•---.........._..._......__...------•-•---------------••-------
<br />' of....G��d..I�la�d---......, County of ..............Iial1--•--........., State of---�Tehraska....._.,hereinafter referred ' '
<br /> i to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> j LINCOLN, 1235 "N" Street, Linwln, Nebraska 68501,its successors and assigns,hereinafter refeaed to
<br /> as Lender.
<br />' WITNESSETH: TFfBE t}le S$3CI BOlI'OWeL YO! and in consideration of the sum of.EIGHTEEN__THOUSAND_ -� -
<br /> AxL1t..NQ1_I.QQ--.-----------------------.--------.---------.Dol:ars (US$.._.1,�:QA.Q..oD-�...... ........> �
<br /> paid by said Lender,does hereby mortgage, grant and convey to Lender, its successors and assigns; the '
<br />' following described property located in the County of ...............Hall__..,___.__________, State of Nebraska: �
<br /> 4
<br /> I�ot Five (5� in Sunset Seventh Subdivision, being a part of the 1Vorthwest
<br /> Quarter (NWr,) oP Section 11, Township 11 North, Range 10 West of the Eth �
<br /> P.M., Iiall County, Nebraska. �
<br /> �, �
<br /> {
<br /> i;
<br />.. �TOGETAER with all the improvements now or hereafter erected on the property, and all easements, �.
<br /> =ights, 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- i
<br /> atents 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 refeaed to as the "Property". �'
<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 nnencumbered, and that Borrower will
<br />. warrant and defend generally the title to the Property against all claims and demands, subject to any a°
<br /> easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in- i.:
<br /> suring Lender's interest in the Property,or (2) attorney's opinion of title from abstract of title certified
<br /> by bonded abstracten
<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 ,EIGHTEEN_.THOU$E�Tp._�]p
<br /> L4.0.l.1DD.---r.r..----.----r..-.—.-----_----r.---c-.-.------r.-----.-Dollars (US $.....18.,AQO�DII------••----•--� :
<br /> payable as provided in a note executed and delivered,concurrently herewith,the finAl payment of principal,
<br /> if not sooner paid,on the.............lst----.... day of----.....Mazch........._... ........., ls9c_.2407 '
<br /> � �UNIFORM Covelvax�rs. Borrower and Lender covenant and agree as follows: � -� ,
<br /> 1. Payment of Principcl �.d IntezesL Borrower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Fuads fo:Tmces�d Insur�ce. Subject to Lender's option under pazagraphs 4 and 5 hereof,Bor-
<br /> rower ahall 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 "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 inatallments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortgage insurance, if any,all as reasonably estimated initially and fmm time to time by
<br /> Lender on the basis of assessments and bills and reasonable estimates thereof,Lender shall apply the Funds
<br /> to pay said taaes,assessments, insurance premiums and ground rents_ Lender shall make no charge for so
<br /> holding and applying the Fnnds or verifying and compiling said assessments and bills. The Lender shall
<br /> g�ve to the Borrower,without charge,an annual accounting of the Funds showing credits and debits to the
<br /> Funds and the purpose for which each debit to the Funda was made. The Funds are pledged as additional
<br /> security for the sums secured by this Mortgage. The Borrower agrees that the Funds may be held by the ::c "
<br /> I:ender and commingled:with other fuads and the Lender's own funds and the Lender may pay such items �;.
<br /> fiom its own funds and the I.ender ahall not be liable for interest or dividends on such Funda w� ;<;';r ��.,
<br /> ' If the.amount of the Eunda held by Lender,together with the future monthly installments of Funds �` ;�
<br /> gsyable prior to the due dates of taaes, assessments, insurance premiums and ground rents, shall exceed
<br /> t�e amount;required to pay said taaes,aseessments,insurance premiums and ground rents as they fall due, �
<br /> sucli excess shall be, at Borrower's option;either promptly repaid to Botrower or credited to Borrower on �F�.': r,
<br />, mon�hly inatallments of Funda If the amount of Lhe Funds held by Lender shall not be su[ficient to pay t' �� :
<br /> taaes, asseasments,insurance<premiums:and ground rents as they fa11 due, Borrower shall pay to Lender � �- {^
<br /> aay amount necessary to make up t5e de8pency within thirty days after notice from Lender ta Borrower
<br /> requesting payment thereof, or Borrower'shall,,by an increase in monthly installments of Funds required,
<br /> repaq the deficieitcy within the,Fund accounting period.
<br /> Upon payment in full of ail sums secured bythis Mortgage,Lender shttll apply Funds hcld ns a credit �
<br /> against al]sums due.
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