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<br /> INDIVIDUAL
<br /> DUE ON SALE
<br /> FlR� OPTIONAL FUTURE ADVANCES
<br /> SAVINGS FUND
<br /> i. . :V� FORM NOJ20 — '
<br /> Loan Number___35255_____ Z88_-___1_
<br /> .".� . . . . . .. . . TYCa 8�anch
<br /> � �g...., U013.05 MO RTGA G E
<br /> F
<br /> " ' THI3 MORTGAGE,made and executed this ..............,Q.___.......... day of ...l:.f.�'s�'S-�_._....._...__. A.D.,
<br /> i19...2�_,between the Mortgagor, ...�8�r.-�,,,•.�roral�-�a�d--Baa�ba�a-.J.,..D�torakj•-�h�sbenc�-•and-�€e;
<br /> ' •--••_••--•..............aai.nt7.,3f._a�sd..ea¢h--aa•-tho-i.r•••�s-•r��--�------------•--.........--------------.......------------....._..----.._.._.._
<br /> � of_..._�and.-Isl,and----•--, County of------.---�ay,�.............. State of..Nebr-aska-----...,hereinafter referred
<br /> + 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 assigns, hereinafter referred to
<br /> as Lender.
<br /> 3 � WITNESSETH: T}1Ht t212 said Borrower for and in consideration of the sum of ........................................ � �
<br /> ± _T�i2F�CY..T7�0U,�AAW..&I?L.�I[AYJ)�iFR._P�l�IR_.ITO,�.I�A.--------r-------Dol:ars (US�3Q,6DLl-QO------------------•---) .
<br /> Spaid 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_..._.......Iial]........................ State of Nebraska: -
<br /> '�A trect oP land eituated in the North Aalf of the Northwest Quarte� (1�Pi4+�) of Sectioa 27, Township
<br /> 12 North, Range 9 West of the 6th P.M., Hal1 County, Nebraska, more particularly described as follows'
<br /> ' �Commencing at s point on the West line of said Section 27, which point is located 421.55 feet South
<br /> �oP the Northwest corner oP said Section 27; running thence South along and upon the West section f
<br /> �line oP said Section 27, a distance of 106.55 feet; ruaning thence East a distance of 61+6.2 feet to s�
<br />;�sa iron stake situated 530.10 feet Wouth of the North line of said Section 27; runaing thence North
<br /> a distance, of 106.55 feet to an iron stake; running thence West a distance of 645.6 feet to the
<br /> ipoint of beginning, also known as and being the same property described as Lot Six, Ed Rosa Sub-
<br /> �Ha1lsCoun£3' being part of the 1�-Nf� of Section 27, Township 12 Northp Rpngy' 9 West oF the 6th P.M.
<br /> �Nebraska.:y'TocsTxEH with all the improvements now or hereafter erected on the ro ert and all easements, �.
<br /> nghts, appurtenances, rents, royalties, mineral, oil and gas rights and pmfits, water, water rights, and
<br /> i water stock, and all fiatures 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 s
<br /> � Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this �
<br /> Mortgage ia on a leasehold) are herein referted to as the "Property".
<br /> Borrower covenants that Bonower 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 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 /> P$OVIDED ALWAYS� and these presents are executed and delivered upon the following conditions,agree-
<br />,� ments and obligations of the Borrower, to-wit:
<br /> The Borrower agreea to pay to the Lender, or order, the principal sum of................................................
<br />'� .-TA�tTY__Tfi�USADID._SSX.ArnvnuF-n
<br /> .9ND_.SIQ/lOQ-----=--r.------Dollars (US$..3D.,.6QO..f_2Q......-----•--••---•)
<br />„� payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br />.::�
<br /> if not sooner paid,on the----.1st.---------•----- day of....----.S�Sarch-------•.-----.._..-----, 1�.20D3 ;:
<br /> ' UxiFosM Covsxarrrs, Borrower and Lender covenant and agree as follows:
<br /> �� I. Paymeat of Prindpal�d IatereaL Bortower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note,prepayment and late charges as pmvided in the Note,
<br />:,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br />�1 2. Fuads for Tcflces and Iasur�ee. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor
<br /> i rower shall pay to Lender on the day monthly installments of principal and interest are payable under the
<br /> F 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 msurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortgage insurance, if any, all as reasonably estimated initially and from tune to time by
<br /> i� Lender on the basis of assessments and bills and reasonable eatimates 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 /> 1 holding and applying the Funda or verifying and compiling said assessments and bills. The Lender shatl
<br /> give 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 F�nds 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
<br />,,, Leader and commingled with other funds and the Lender's own funds and the Lender may pay such items
<br /> �:��
<br />" from its awn funds and the Lender ehall not be liable for interest or dividends on such Funds.
<br />��
<br /> If the amount of the Fuads held by Lender,together with the future monthly installments of Funds J
<br /> payableprior�to the due t;lleates oftaxes,assessments, insnrance premiums and ground rents, shall exceed
<br /> the amount:.required topa y eaid.taxes,asaeaemeats,insurance premiums and ground rents as they faII due,
<br />� such,:excese sIiall be,at Borrower's option,either promptly repaid to Borrower or credited to Borrower on
<br />; montli�q inatallments,ag Funds, If the amouat,of the Funds held by Lender shall not be sufficient to pay
<br />': �axes, asaeaement�>insurance premiums-antl ground rents as they fall due, Borrower shall pa to Lender
<br />:� any amount neceasary to ma]ce up the deficieacy withia thirty days after notice from Lender to Borrower
<br />'" requeatin�payment thereof, or Borrower shall, by an increaee in monthly installments of Funds required,
<br />.� rePaY,.the deficiency within the Fund accounting period.
<br /> f '=Upoa payment in full of aIl sums•secured by this Mortgage,Lender shall apply Funds held as a credit
<br />� against alI suma due..
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