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<br /> INDIVIDUAL
<br /> DUE ON SALE
<br /> ` �RS"�' OPT/ONAL FUTURE ADYANCES „ -' f ; z�<'
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<br /> . �� SAVINGS F[JND ' ' `
<br /> " 1�t�t��� Fonte No.7ao � . '? " z �';.�
<br /> uF�`"a�7 Loan Number__ 35211 — 188 —_ 1__ ` m�i,
<br /> �. � . -. . . ' . . . _____TYPe____ BranC� �" �
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<br /> 78 �301378 MORTGAG E
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<br /> _ � THI$MORTGAGE, made and executed this ..........).s�............... day of ....__.!:..1��c.�.....:_.........A.D.,
<br /> ;! 19..Z6.._,between the Mortgagor, ._Curtis__G._,S]�er;,i,�;�_.���..�bxa..k..__.�her.�i�.l.....hu.s.lzau.d..and------ :
<br /> ,wifea---�ointly_and..each.,in.1the3r__own right.�••-••-•:��•.............••--...---.._-•-•-----...----....._...--•----......._......-••-- 3
<br /> ` � of ...,Grand__Island _ Count of----•- Hall---•---.-.-- S��¢of---N4:b��@k�..--.--,hereinafter referred '
<br /> j to as the Borrower, and the Mortgagee, FIRST FEDERAL 3AVINGS AND LOAN ASSOCIATION OF
<br /> ' LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to
<br /> � as Lender.
<br /> ? That the said Borrower for and in consideration of the sum of..�RTY ONE THOUSAND r .`
<br /> ,, nr�`�'�.'�'F#�=------------------------------------ oi.a� 4 i,o00:oo-_
<br /> � •-••-•••••---•-•-------••.................••---•----.....------�-----------•�--�----...------�--•�--------�---......D (US$-.....---...._....--••-------- --------J �xs
<br /> € paid by said Lender,does hereby mortgage,grant and convey to I.��der, its successors and assigns; the ' ' ' ,;
<br /> 2 followin deacnbed Ha .., State of Nebraska: �
<br /> � g ' pmperty located in the County of.......................................... +
<br /> ��f � �
<br /> � *
<br /> Lot Fovrteen (14), in Amended Block Six (6), Continental Gardens, an Additiari to
<br /> ,_3 the City of Grand Island, Hall County, Nebraska.
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<br /> jTocExxEx with all the improvements now or hereafter erected on the property, and all easements, : � "��.;
<br /> i rights, appurtenances, rents, royalties, mineral, oil and gas rights and pro5ts, water, water rights, and �
<br /> k water stock, and all fixtures now or hereafter attached to the property, all of which, including replace- �.< ak;�
<br /> � ments and additions thereto,shall be deemed to be and remain a part of the property covered by this t> �
<br /> Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this �%
<br /> .� . � . . � �� "�.
<br /> Mortgage is on a leasehold) are herein referred to as the "Property".
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right '� �i
<br /> 1 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 i'� ,.�
<br /> easements and restrictions listed in a schedule oi 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 abstracten ! r°<
<br /> PHOVIDED ALWAY3�.8I1C1 tI]CSB preaents 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_.FORTY_.ONE_THOU$pj�Jp..,,_
<br /> ,AND NO/100---------_-------------------.---,------Dollars (US$--- 47.xQ0U 00....._ )
<br /> .._....-----•-•---•-••- •--••---- .
<br /> -,' payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br /> ;; if not sooner paid,on the----•-.1.st-------------- day of.__.....Agr.il-...-•----------....... ..., �c.---2007 ; '
<br /> ;� UxiFoxM CovExnx�rs. Borrower and Lender covenant and agree as follows:
<br /> � 1. Paymant of Priacipal aad Interest Borrower shall promptly pay when due the principal of and in-
<br /> terest oa 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 for Tmces�d 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 payable under the
<br />' i 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 pius
<br /> ;� one-twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> ,q stallments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by
<br /> ,.-� Lendet on the basis of assessments and bills and reasonable eatimates thereof,Lender shali apply the Funds
<br /> x to pay said taxes,assesstnents,insurance premiums und ground rents. Lender shall make no charge for so
<br /> ��:.f holding and applying the Funds or verifying and compiling said assessments and bills. The Lender shall
<br /> g�v�e� 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 Funds was made. The Funde are pledged as additional
<br /> <<� security for the suma secured by this Mortgage. The Borrower agrees that the Funds may be held by the '• '' a.
<br /> . Lender arid commingled with other funds and the Lender's own funds and the Lender may pay such items
<br /> -' from its:own funda and the Leader shall not be liable for interest or dividends on such Funds.
<br /> .�<i
<br /> �, If the amount'of the Funds held by Lender,together with the future monthly installments of Funds `��
<br /> " payable'prioi'�to'the dvesdates of taxes,sssessments, insurance premiums and ground rents, shall exceed � �,. � '
<br /> 0
<br /> + the amountrequired topa y,eaid'taaes asaeasments,-iasurance prnauums and ground rents as they falI due, �
<br /> � aveH eaoess�ahali�'be,,at Borrower's option;either pramptly repaid to Borrower or credited to Borrower on �~w
<br /> monttily inatalltt�ents of,Funds.If the amount:of.the Funds held by Lender shall not be sufficient to pay r�" "�'^
<br /> tszes,,aseee�ente,inaurance premiums'and-ground.renfs as they fall due, Sorrower shall pay to Lender --` ?:�
<br /> '� any Smount necessary to make up the deficiency withia thirty days after notice from Lender to Borrower
<br /> 5�; requestim,g paym�t.,thereof, or Borrower:shal],.by aa increase in monthly inatallments of Funds required,
<br /> ,yR rnPaY the;defidency�witivn'the.Fund.accountiag period.
<br /> s" Upon payment in full of all sume tcecured by this Mortgxge,Lender ahatl apply Fvnds held A�A CTP(�lt �
<br /> against all suma.due. ,
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