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<br /> INDIVIDW'AL
<br /> DWE ON SALE
<br />' �RST O;P710NAL FI►TWRE ADVAIVGES
<br /> �� SAVINGS FUfVD
<br /> FOwe� Nc.720
<br /> I uNe�� Loan Number____�&�32_-_ _188-- -1
<br /> Tr,K 'e�..:n—�1�
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<br /> 7��-• �!Q?0�� M O R T G A G E
<br />, THI$MORTGAG�,made and executed th�s ... /cl..................day of. -.-�y'r.-�-,- --._. A.D_,
<br /> 19._�8.:._,between the Montgagox,...:Da�t�l;d.W..._k7.a�xe�cs...and...�axQ�..A....W.att�zs..-.h.us.hand..ansl.�3f�,
<br />': .�oiatlY...and ea�lh..iii..tll�i:T.ow31..1C�gk1t:..................�-------....-----._...._.. _....-------•--...........-----�-�-------•---..........
<br />' of... ..Waod_River ..----..,County of .._........Ha�.�..................Statr,oi..H.e.bx�s3s.a---.....,hereinafter referee<I
<br /> to as the Bvrrocusr, and the 1Vlortgggee, FIR,ST FEDERAL SAVINGS A1VD LOAN ASSOCIA'I'ION(7F
<br /> T.IIVCOLIV, I235 "N" Street, Lincoln, Nebraska 68501,its surcessors and sssigns, hereina.fter re.ferr�d to
<br /> as 7.endea.
<br /> WI2NB35ET�i: TIlB't f}iP. 591(� B�11'QWPF for a:nd Kn consideratxon of thet qum oF ... FORTY FIVE Tfibi35�AND� � ��'
<br /> FIVE HiJNARED AND NO/l0U ----.--"Dol;ars f U5$.. ..45a 500 ,00.,.. .... ...._) `
<br /> _._,_... . ..... .... ..... ...,...... . ...,--�--. _.....- -----__.. . ......._
<br /> paid by 4aid f:ender, does hereby mortgage, grant anel convey ta Lender rts successors and assigns; the
<br /> followin.g c3esfiribed property located in the C�ounty of ........Hall _ , State of 1Vebraska: ''
<br /> Lot Otie (1), Block One (1), West North fi�awa Secand Ac�iition to the Ci�y
<br /> o�' Wood River, .Ha]1 Govnty, Nebrask�.
<br /> TOCETHE6 Witll all. t�he �mprovemen�ts naw ox hereafber ereeted �n the pro�erty, and all easement,�, .
<br /> rights, appurtenances, rents, royalties, mineral, ail and gas right:s and grafits, water, water rig,hhc, and
<br /> water stpck, and all fiztvres raow or hereafter attached to the propertv, a1i of which, including replace-
<br /> ments and a.dditions Chereto,shall be deemed Co be and remain a part of the propert:y covered by this
<br /> Mortgage; and all of the foregoing, together with said praperty� (or the leasehold estute in the even.t Chis
<br /> MorCgage is on s leaseihold) are heteirft referred to as the "Praperty".
<br /> Bori+ower 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,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 /> PROVIDED ALWAY3� and these presents are executed and delivered upon the foAowing conditions,agree- � � �� �
<br /> ments and obligations of the Bonower, to-wit:
<br /> The Borrower agrees to pay to the Lender, or order, the principal sum of .FORTY,_FIV�._.T.HQAS.ANA__..
<br /> FIyE.HUNDRED_,AND_.NO,(100-.------_--.------.—..-----------_Dollars (US$---.--4.�.�.SQQ U9-•--.,------)
<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.._......Se�tember y�c 2007
<br /> UNIFORM COVENANT9.BOTIYIWE!I'8Rf�IRI1deI'COVQI1flRt fll][I Hgl'fE 83 {OIIOWS: � � . .
<br /> 1. Payment oi Pzindpal cmd IateresL Borrower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note, prepayment and late charges ar provided in the Note,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Funds for Tmces and Inaurcmce. Subjeet to Lender's option under paragraphs 4 and 5 hereof, Bor-
<br /> rower ahall pay to Lender on the day monthly installments of principal and interest are payable under the
<br /> Note, until the Note is paid in full,a suzn (herein "Funds") equal to one-twelfth of the yearly taxes and
<br /> assessments which may attain priority over this Mortgage, and ground ren�s on the Property, if any plus
<br /> one-twelfth of yearly premium installments for hazard insurance, plus 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 /> Lender on the bssis of asaesements and bills and reasonable estimates thereof,Lender shall apply the Funds
<br /> to pay said tases,assessments, insurance premiums and ground rents. Lender shall make no charge for so
<br /> holding and applying the Funds or verifying and compiling said assessments and bills. The Lender shall
<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 Funds 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 /> - Lender and rnmmingled with other funds and the Lender's own funds and the I.ender may pay such items
<br /> ftom its own funds and the 7.ender shall not be liable for interest or dividends on such Funds. � ,�, '
<br /> If the amount of the Funds held by Lender,together with the future monthly installments of Funds ��
<br /> payable prior to the due datea of taaes, asseasments, insurance premiums and ground renta, shall exceed "�`
<br /> the amount reqirited to pay said taaes,aeeessments,insurance premiums and ground rents as they fall due, t =.
<br /> Such excess aha11 be,at Borrower's"option,eitfler promptly repaid to Borrower or credited to Borrower on
<br /> monthly instsllments of Funda If the atnount of the Funds held by Lender shall not be sufficient to pay � _.'�;
<br /> taxes, asaessments, inanrance premiums and ground rents as they fall due, Borrower shall pay to Lender �w
<br /> sny amount'neoessarq to make up the deSciency mithin thirty days after notice from Lender to Borrower �•' Y� '
<br /> requesting payment thereof, or Borrowez shall, by aa increase in monthly installments of Funds required,
<br /> repay the deficiency within the Fund aocounting period.
<br /> U�n payment in full of aii svms aecured by this Mortgage,Lender shall apply Funds hetd as a credit.
<br /> against aIl sums due. �
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