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<br /> ' INDIVIDUAL
<br /> � DUE`ON SALE
<br /> OPTIONAL FUTURE ADVANCES
<br /> � � SAVINGS FUNG ` ` �.
<br /> .; � � �L' .� FORM No.720 � � � � � � . . . . ' � .
<br /> � , u��'N Loan Number__35593 _ — 199 1 � . ,,ti5�
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<br /> �.:, � . � TYx� Br�nc�
<br /> ��` i�����,94�6 � s��� � ,:
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<br /> T H I 3 M O R T G A G E, ma de an d execute d t his --.•----.�.7....-•............. day of:..-----.Fe brvary,....._...... A.D., „ " 4 ;
<br /> -� 19 �$ between the Mortgagor,..__Harv.ld..A._..Fieb.ex...aAd__�g�.na_A.__Weber,._.tiusband_and wifet � -
<br /> .._. .14t;tt�Y �Rd ea�h..�:n_.their,own.right,,--•-•------•---.. ......... .......•- ----••---
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<br /> � of cx�.a...z�z..8na ..--.--. County of.---.... �iall.--,•.............State of ....Nebraska._..,hereinafter zeferted , , .'
<br /> to as tl�e Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> � I.INCUI,N, 1235 "N"Street,Linco2n, Nebraska 68502,its successors and assigns, hereinafter refeaed to
<br /> as Lendez ' '. .
<br /> �� �. WITNF,93ETH: TFl&t t}16 said Borrower for and in consideration of the sum of__TktxftTX..xH.QU��..... � .''�
<br /> � ......_:.ADiD..NU�lOD--.----.-----.----.--------.-r-r-.--------r.r..Dol;ars (US$--._..3.0.(?Q9...QQ................) ;., `,
<br /> I paid-by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the �
<br /> -1 following described property located in the County of ....___._.Hall.............__.........., State of Nebraska: : ' ;.
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<br /> .� Lot Ten (D) in Bishop Heights Third Subdivision, in the Southwest Quarter (SWy,) �
<br /> oP tize Northwest Quarter (NWT) of Section 11, Township 11 North, Range 10 West
<br /> o£ tYie-6th P.M., Iiall County, Nebraska. F,
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<br /> Tocexxt,a with all the 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 fiatures now or hereafter attached to the property, ail of which, including replace- "
<br /> ments and additions thereto, ahall 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 r`� '{
<br /> Mortgage is on'a leasehold) are herein referred to as the "Property". 3
<br /> � Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right T'�'
<br /> ta mortgage,grant and convey the Property, that the Property is unencumbered,and that Borrower will �4�'
<br /> warrant and defend generally the title to the Property against all claims and demands, aubject to any ���
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<br /> easemeats and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in-
<br /> suring I.ender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified -
<br /> by'bonded abstracter.
<br /> �� PHOVIDED�ALWAYS� and.these presents are executed and delivered upon the following conditions,agtee- '
<br /> ments and.obligations of the Bortower, to-wit:
<br /> The Borrower agrnes to pay to the Lender, or order,the principal sum of_..THZTaTX._�QUS��N4__......_._ ' ' � '�.
<br /> •-•• ---::A�vD..1IQ/1.OQcrrr-c-r_r..c.--c-----.----.-cc--..-.----.-.----.Dollars (US$._....__30�000.00---•--..__.._.) • .>
<br /> payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br /> if not sooner paid,on the•-------..lst_.__....._day of...............x7a�skt---•--•--.-•-_.--.-> �---.2007 :
<br /> UxrFoxrR CovsrrwN�rs. Borrower and Lender covenant and agree as follows:
<br /> I. Paymeat of Principal aud Interest Borrower shall promptly pay when due the principal of tind in-
<br /> terest on the indebtednesa 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 thia Mortgage.
<br /> 2.,Fuada,far Taxes�d Iasur�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 payable under the
<br /> Note,uatil the Note is paid in full,a sum (herein"Funds") equal to one-twelfth of the yearly taxes and
<br /> assessmenta which may attaia prion'ty over this Mortgage, and ground rents on the Property, if any plus
<br /> one-tweYfth of;yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for moitgage insurance,if any, all as reasonably estimated initially and from time to time by
<br /> Lender on the basis of assessments and bi11s and reasonable estimates thereof,Lender shall apply the Funds
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<br /> N �PaY�d taxes,'sssessments,.insurance premiums and Qround rents. I,ender ahall make no charge for tzo
<br /> hold"mg snd applying the Funds or verifying and compiliag said assessments and bills. The Lender shall
<br /> give to the.Borrower,without charge,an annuai acGounting of the Funds showing credits and debits to the
<br /> Fnads and the purpose for:which each debit to the F�anda was made. The Funds are pledged as additional
<br /> secun�j.#or the suma secured by this Mortgage. The Borrower agrees that the Funds may be held by the ��'
<br /> Len�,aad oommiagled with other funds and'the Lender's own funds and the Lender may pay such items "�`"=`
<br /> from its own funds and the:I.ender shall;not be liable for interest or dividends on such Funds. �
<br /> R-� If`the::amount:of the Fvnds held by Leader,together:with the future monthly installments of Funds ��,`'_
<br /> '"" payabie prior to..the due dates of taz�,asaessmente, insurance premiums and ground rents, shail exceed � #�r r ��
<br /> tbe s�nount reqwied.to }•said tases,,asseas�neats,insurance premiums and ground rents as they fall due, ,�.;, �:
<br /> pa asi
<br /> eiicTi,excess-shall�be,at Borrower's:optioa,.either prnznptly rep�ud to Borrawer or credited to Borrower on �;C.:
<br /> qion�hly:insf•allaients,uf;Funds. If,the amount of the Funds heid by I.ender shall not be suf&cient to pay ',"�."
<br /> tsxes assesemeats,''insursnce,premiums and' vnd:renta as the fall due,Borrower shall �^•'�
<br /> any;amonnt neceseary to make up the deficn�within'thirty days after aotice from Lende�r to Borc�ower
<br /> �In�t�;:PaY+�ent;thereof, or Borrower:shall� by an inctease in monthly installments of Funds required,
<br /> repap the;8efipeiicy'withia the Fnnd accounting.period. .
<br /> ,.ITpon..payment in full of all aums secuted by this Mortgage,I.ender ahall apply Funds held as a credit �
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<br /> again�t a�i sums due:
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