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<br /> : , INDIVIDUAL ' . ,,.
<br /> s ° : DUE ON SALE
<br /> � OPTIONAL, FCJTURE ADVANCES � ��
<br /> ;
<br /> ���■ SAVINGS FUND' }~ + '
<br /> R��VL � ` �„ +ae�.
<br /> ' , . ' FORM YJOJ20 � . . . . � . � . .- : r is�,� +..:M
<br /> Loan Number__ 35520__- i88__ _ 1_ f � a ;'a�
<br /> . � � �� � � Tyos Bra�eh � � ( �1 ��
<br /> : ,.. .. � :� . . . . � . . ! F i' 4��l+'�
<br /> � 1
<br /> ag.,,:, U;O 1'8�'7 hl( p R T G q !� E ' r, � ,� ,
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<br /> �� >�,�s"�'„�
<br /> � � �� . . . ' � � F`��
<br /> � TE3I9 MORTGAGE,made and esecuted this.....................�9 day ofi!��.�...:--••-:---A.D., ' , _ w�w:,
<br /> � 19�8._.;between t.He Mortgagor,--••Hyoung-W,••-Siih_.�md._Xo7a..S-..Suh,__ktu&b,2tztd_.aad..wi£e>--jnintl.y. ; - � '��t,.
<br /> ,.� and each in their own right, . �f�.
<br /> ...__......._..---.._. ..............••----••.___...._..._..••--.....---....__....._..•---...--•--•--..._....---•-•.........---•----•-•-- ,
<br /> ;a of ..:_:Grand..Island.-•-•._, County of ............Hall................State of_..�7.�tt7caslca......,hereinafter referred ' - ' �.I � ` .�
<br /> `s to as the Borrower, and the Mortgagee, FIAST FEDERAL SAVINGS AND LOAN ASSOCIATION OF A� r � .
<br /> � LIIVCOLN, 1235 "N" Street,Lincoln, Nebraska 68501, its successors and assig�, hereinafter referred to '
<br /> r ��,
<br /> as Lender. �
<br /> r�;
<br /> � Wrrtv�s.ssxx: Tha the said Borrower for and in consideration of the sum of....FORTY._THREE__TIiOUSAND � a �
<br /> ' FOIIR HUNDRED AND NO�100-----------------------------DoL'ars (US$---43�400 00..--- --•--...)
<br /> .. .....__.. .....................•----�---•---.....--•-••-.._......_.......__...--•----.._......_......... �'�
<br /> paid by said Lender,does hereby mortgage, grant and convey to Lender, its successors and aasigns; the = ���
<br /> � followiag deacribed property located in the County of ...._..__._�a11........................ State of Nebraska: - � �u��;
<br /> .�_ . _ '�e r,��''.
<br /> iy -w r�r.
<br /> Lot Sixty-Pive (65), Ze Hei�hhts Fourth Subdivision, Ha11 Caunty, r �'
<br /> Nebraska. ��'
<br /> � � � � � �; �x�'.
<br /> . . .. � . . u y,�
<br /> �� � � �.
<br /> TocsTHsa with all the improvements now or hereafter erected on the pmperty, and all easements, < F��'
<br /> i , '?+�„c�`:
<br /> rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rigl2ts, and ^�.�,
<br /> water stock, and all fuctures now or hereafter attachtd to the property, all of which, including replace- �
<br /> mente and additioas thereto,ahall be deemed to be aad remain a part of the pmperty covered by this � � `
<br /> Mortqage; and a11 of the foregoing, together with said property (or the leasehold estate in the event thia r = � � '
<br /> Mortgage i�on a leasehold) are herein referred to as the "Property". �
<br /> } �`
<br /> t Borrower covez�ants that Borrower is lawfully seised of the estate hereby conveyed and has the right "�,��,
<br /> ( to mortgage,grant and convey the Property, that the Property is unencumbered,and that Borrower will �a,�
<br /> � warrant and defend generally the title to the P:roperty against all claims and demands, subject to any � '
<br /> easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in- ����
<br /> auring Lender's interest in the Property,or (2) attorney's opinion of title from abstract of title certified •�
<br /> by boaded abatracter. �
<br /> ,� _.� � P$OVIDED ALWAY3� and these�presenta are executed and delivered upon the following conditions,agree-
<br /> ,� ments and obligatione of the Borrower, to-wit:
<br /> }
<br /> :� The Borrower agrees to pay to the Lender,or order, the principal sum of ..�O.RTX..T73HEE._THDIISANII_
<br /> �QF�.�i�I�?�D_!u`?I?..N9L.�94-.----------.---_---_—.r..-r----_Dollars (US$._.43s4AQ�OD.............._._.._)
<br /> . payable as provided in a note executed and delivered,concurrently herewith,the final payment of principal,
<br /> ;:�, if not eoonerpaid,on the.._.._.first-----•---- day of .......AP?:�-------------------- 1��.7.
<br /> { UrnFoatK Covr�sterrrs. Borrower and Lender covenant and agree as follows:
<br /> � � �
<br /> � 1. Payment of Priacipal mid Interest. Borrower shall promptly pay when due the princapal of and in-
<br /> „� terest on the indebtedness evidenced by the Note,prepayment and late charges as provided in the Note,
<br /> i and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> i
<br /> �{ Z. Fsmda foz Tmces and Inaur�mce. Subjeet to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> rower ahall pay to 3.ender oa 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 /> 8esessments which may attain priority over this Mortgage, and ground rents on the Property,�f any plus
<br /> one-twelfth of'yeariy premium installmenta for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments foi 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 tt�ereof, Lender shall apply the Fnnds
<br /> to pay seid'taaes,assessments,inanrance premiums and ground rents. Lender ahall make no charge for so
<br /> 'C holding aad applyiag the Funds or verifying and compiling said assesaments and billa. The Lender shali
<br /> s g►be to�the Borrowe;,without.charge,an annual accounting of the Funda showing credits and debits to the
<br /> � Fuada,anc�the purpose.for which esoh debit to the Funds was made. The Funds are pledged as additional
<br /> �� security'for fihe sums,secured by,tius.Mortgage. The Borrower agreea that the Funds may be held by the
<br /> Iender and'commingled with other funds and the Lender's own funds and the Lender may pay such items .��• '
<br /> '� from"its owa furids an'd"the Lender stisll`not be liable for intereat or dividends on such Funds. •'L= t '"
<br />�; %: If ti�amovnt of the Funds held by:Lendez,together with the futvre monthly installments of Funds � ; .�
<br /> �
<br /> 'q payable,pa�or to the,due dates:of taaes,,aseeasmeats;.insurance preminms and ground reats, ahall exceed
<br /> the amovnt�requu+ed to,pa y said taaea�aseea�ente,insuraace premiums and ground rents as they fall due, �i, '
<br /> � such ezc�se,shall:be,at Borrowei's option,either promptly repaid to Borrower or credited to Borrower on �=
<br /> �t'�` monthls+ansfialliuen*s of'Funds. If the amount of,the Funds held by Z,ender shall not be sufficient to pay '� .� ;
<br /> $`� taYes,sssesstnente,'ine.ur'aace'prgmiums and gro{md rents as they fall due,Borrower shail pay to Lender x"`.«,, ti��,
<br /> ta any saiounb`riei�essery-:to make up the deficieacy within thirty days after notice from Lender to Borrower -��
<br /> ,.,_
<br />� � zequesEingpa ymeat ther��or Borrowe;ahalt,by an•increase in monthly inatallments of Funds required,
<br /> :; repay the deficiency�witivn ttie Fund accounting,period.
<br /> � Upon payment in fuil of all sums secured by this Mortgage,Lendez shall appIy Funds held as a credit
<br /> against aIl aums due.
<br /> 6 �
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