|
�
<br /> � �
<br /> — . ,—�-.,, .
<br /> INDIVI�UAL
<br /> DUE ON SALE
<br /> OPTiONAL FUTURE ADVANCES
<br /> ` � SAVINGS FUND
<br /> F �L".
<br /> ?�. . FonM No.720 �
<br /> , Loan Number_35327---- --188_-_1 __ 1
<br /> .. . .. TYDe Brsneh "
<br /> �:3 . . . .. ,. . .. . . , .
<br /> � .78--� U 0��.�� M O R T G A G E
<br /> :'i -
<br /> ,a � ��.
<br /> "= 3 MORTGAGE, made and executed this_..........�5.�............ day of . .... .�.�.J�'�................ A.D.,
<br /> ,'i 19.._��between the Mortgagor,__Thnmaa..k'....E:1.9.�*1m�F?8.er._and..Ker.ry._J.__Eisenmeng,er�._..._.,__..,,.,_,_ ' '
<br /> ;< •--.---••------..husbaad..and_.wi£e...jo�nxa.Y-..�xla--each__in_their own_,right�.............. .. ... ...•- •---••-•• `
<br /> '# of.._...._.Grand..Isl,and....., County of.......I�all__...-- -•.-----•,State of....Nebraska hereinafter referred
<br /> '{ to ss the Borrower, and the Mortgagee, FIR9T FEDERAL SAYINGS AND LOAN ASSOCIATION OF
<br /> ? LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns,hereinafter referred to
<br /> as Lender. ,:
<br /> k Wi'rxssssrH: That the said Borrower for and in consideration of the sum of.THIx„T.Y.PAU.[i._�OUSAND '
<br /> .p+tTA__NO/100---.-----.----.------.----_-.-.----.------�ol;ars (US$-_...34,000_00,-�•---
<br /> � •--�
<br /> paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br /> ; following described pmperty located in the County of .............Hall____....____,_,.,..,__� State of Nebraska: < ''
<br /> E Lot Seven (7), and the East Three (E3) feet of Lot Eight (8), Block Three (3),
<br /> 'i all in Cunningham Subdivision, an Addition to the Cityof Grand =sland, Hall County,
<br /> �`� Nebraska. �
<br /> ��1
<br /> ,;
<br /> ;{
<br /> � —
<br /> � TOCETHEE 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 pmfits, water, water rights, and _
<br /> '} water stock, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br /> f inents 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 /> t Mortgage is on a leasehold) are herein referred to as the "Property". t'�
<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 will
<br /> ; warrant and defend generally the title to the Pmperty against all claims and demands, subject to any
<br /> j easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in-
<br /> 1 suring Lender's interest in the Property,or (2) attorney's opinion of title from abstract of title certified
<br /> ;� by bonded abstzacter.
<br /> :1 . 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 ...7�Z3,t�X._�QU�i_.�OUSAND_
<br /> � ----...:.---ANIA..NQ/_�.QQ--r..----------.----.----.-.----.-----.-.----.-�ollars (US�---....34:000._00.............)
<br /> '� payable as provided in a note esecuted and delivered,concurrently herewith,the finul payment of principal,
<br /> ' if not sooner paid,on the------7,st....._. ...... day of----•-Me.rch------. _..,a�..2007
<br /> s ......... ...._
<br /> ,
<br /> � UNIF06M COVENANT3. BOTI'OWOI'8I1f]I.eII(]@I'COVQTIAIIC AIICI agree as follows: � � � � �
<br /> � 1. Payment of Priacipal aad Interest. Borrower shall promptly pay when due the principal of and in-
<br /> f terest on the indebtedness evidenced b the Note, re a
<br /> ` y p p yment and late charges as provided in the Note,
<br /> and the principal of and intereat on any Future Advances secured by this Mortgage.
<br /> i 2. Fuads fo:Taxes and Insur�ce. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor-
<br /> '� rower shall pay to Lender on the day monthly installaients 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 taaces and
<br /> 'f asaeasments which may attain priority over this Mortgsge, and ground rents on the Property, if any plus
<br /> !:{ one-twelfth of yearly premium installrnents for hazard insurance, pius one-twelfth of yearly premium in-
<br /> � stallments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by
<br /> :, I.ender on the baeis of assessmenta and bills and reasonable estimates thereof,Lender shall apply the Funds
<br /> to pay said taxes,assessments,insurance premiums and�ro und rents. Lender shall make no charge for so
<br /> ;� holding and applying the Funds or verifying and compiling said assessments and bIIls. The Lender shall
<br /> ,� give to the Borrower,without charge,an annual accounting of the Funds showing credits and debits to the N
<br /> Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br /> � security for the aums secured 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 --__""" �, .:
<br /> '� . from its own funds and the Lender shall not be liable for interest or dividends on auch Funds. �
<br /> � . If the amount of the Funds held by Lender,together with the future monthiy installments of Funds �
<br /> k '
<br /> � psyable prior'to the due dstea of tsaes,assessments, insurance premiums and ground rents, shall exceed � ;; �
<br /> the amount required to pay said taaes,asseasments,insu=ance premiums and ground rents as they fall due, v; ,-
<br /> .� such eacess shaIl be,at.Borrower's option;either promptly repaid to Borrower or credited to Borrower on �' �,. �.
<br /> �s monthly instailments of Funda If the amaunt of the Funds held by Lender shall not be sufficient to pay
<br /> ;, taxes, asaessments, insuraace premiums and ground rents as they fall due, Borrower shall pay to Lender _ ,,,.����
<br /> „� any.amount neceasary to;make up the deficsency within thizty days after notice from Lender to Borrower
<br /> j requesting:payment thereof, or Borrower ahall,by an increase in monthly installments of Funds requited,
<br /> repay tIie deficiency within the Fund accounting period.
<br /> Upon payment in full of alI sums secured by this Mortgage,Lender shall apply FundS held as a credit
<br /> againat all sums due. �
<br /> E�
<br />
|