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<br /> f INDIVIDU.AL -
<br /> �� DUE ON $i4LE
<br /> � �R�' OPTIONAL FUTIJRB ApV:4NCES
<br />' SAVIMGS F[JNp
<br />�� r�`�+� P4R�M Mo.726 .. .
<br /> ��■���' Loan Number__.__36150_- 188 — 1
<br />� .. . . TYPe ��.-.-B.�ancn . . � .
<br /> 78�0 l7�.16 I M O F2 T G A G E
<br />! THI9IVIORTGAGE,made and executed this ��day of ����,/� ---.--- A:D.,
<br /> 3 19,��....betweentheMortgag,or;--•Roger,L_. Moroney,and Shirley-M --Mq,r..Ti?.Y.:..t!u�1Tai0.d._�17�d..tzi.fe,
<br /> .....�ointly--and' each.in.,their,own .r3,,ghts ........ .-- `.:
<br />' Grand,Island . ......... ......-- ��---.._,..--�
<br /> ---- ..
<br /> of..- . .................. County of ...-•---.Hal.l.--••-----..---->State of Nebraska-----.,hereinafter referrecl
<br /> ta as the Bprrawer, �nc3 the Ikiortgagee, FIRST^ FEDERAL SAVINGS AND LOdAN ASS(UCTA'I'IUI�I OF'
<br />� LTN('OT.N, 1235 "1V"Street, I,incoln, IYebraska 68501, its successoas and nssrghs, hereinafizr xPfetree] to
<br /> as I.�nder.
<br /> _$�tT � : Tb6at t,t;e gauci Barrower for and in consaderation of the sum �f..T�I�TY T�?O THOU$AND
<br /> FT�7�AN NO��OQ -�------ --•)
<br /> FTvG �_----- _---pp1:a� tvs s--.�z, soo 00
<br /> ....__.. .... ....._ ....---. _...__.. ........ ....... .. ......�--- ------...
<br /> . ........ .
<br /> paid by�d Lender, does hereby rnort,gsge, �rant and e�nvey to I,e��ler rts successors ancl as�igns; the
<br /> tollowing dessrihed property lorated in the C'ounty of ...._....... Ha11 , State of Nebraska:
<br /> Lot Twenty–six (26), B1ock Two (2), Continentt�l Gardens, Hai:T. Co��nty,
<br /> Netiraska.
<br /> TUCET�HER WIEZl a11 the imprevements now or hereafter erected on the prapert,y, and a11 et�semen:�s, � .
<br /> rights, appurtenanees, sents, royaltieb, mineral, oil and gas rights and �sofits, w�ater, wat,er rights, t�nd
<br /> water stoek, and a3I fix�uzes nnw,o.r hereafter attached to the property, all of which, including rEplace-
<br /> ments and additions thexeCn,sha1T be deemed to be and remain a ga.rti of the property covered Ly this
<br /> 1Vlortga�e;and all of the foregaing, together with said groperty (ar the leaseholel estate in the evenb this
<br /> Mortgage is on a leasehaid) are herein referred to as the '"Property"".
<br /> Borrower covenants that Borrower is lawf'ully 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 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...THIRTY_TWO.THOLj$�p.__
<br /> FIVE__AUNDRED AND NO/100-.---------------------------.-�ollars (US S-._32�SOO.OQ.--------------••-.)
<br /> --...---•-�--...-----.... -- --- • •-
<br /> payable as provided in a note executed and delivered,concunently herewith,the final payment of principal,
<br /> ifnot sooner paid,on the..._....----1st.----_-- day of_...._..----.May ...... ......... �8.2�07 ,
<br /> UNIFORM CovexaxTs.Borrower and Lender covenant and agree as follows . �
<br /> 1. Payment of Principal�d Interest. Borrower shall pmmptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note,prepayment and late charges as provided in the Note,
<br /> and the principal of and intereat on any Future Advances secured by this Mortgage. •
<br /> 2. Fuads for 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 installments of principal and interest are payable under the
<br /> Note, until the Note is paid in full, a eum (herein "Funds") equal to one-twelfth of the yearly taxes and
<br /> asses.Rments which may attain priority over this Mortgage, and ground rents on the Property, if any plus
<br /> one-tweifth 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 initiallv and from time to tune by
<br /> Lender on the basis of asseasments and bills and reasonable eatimates thereof,I.ender shall appiy the Funds
<br /> to pay eaid taaes,assessments,inaurance 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 /> p,ive 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 /> L.ender and coanmingled with other funds and the I.ender's own funds and the Lender may pay such items �'�i `
<br /> from its own funds and the Lender shall not be liable for interest or dividends on such Funda. - �:
<br /> If the amount of the Funds held by Leader,together with the future monthly installments of Funds � e
<br /> payable prior to the due dates of taxea, aseessmeats, insurance premiums and ground rents, shall exceed
<br /> the smount required to pay said taaes,,asaessments,insurance premiums and ground rents as they fall due,
<br /> such excess;shall be, at Borrower's aption, either promptly repaid to Borrower or credited to Borrower on 6
<br /> monthly installments of Funds. If the amount of the Funds heId by Lender shall not be sufi'icient to pay ' ",e '-
<br /> taxes; asseasments,insurance premiums and ground rents as they fall due, Borrower shall pay to Lender ,-,- _ .`:'�
<br /> any amount necessary to make up the deficiency within thirty days after notioe from Lender to Borrower
<br /> requeating payment thereof, or Borrower ahall, by an increase in monthly installments of Funds required, �
<br /> repay the deficiency within the Fund accounting period.
<br /> Upon payment in,full of all suma secured by this Mortgage, Lender shall apply Funds held as a credit
<br /> against all aums due. •
<br /> J
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