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<br /> , INDIVIDUAL
<br /> � �UE ON SALE
<br /> � ��'r OPTIONAL FUTURE ADVANCES
<br /> SAVINGS FUN�
<br /> � �� Foeus No.720
<br />-� Loan Number__ 36224 —199 1
<br />�i . . __--_TYOe Branch .
<br /> ; 78-. U��269 M O R T G A G E
<br /> i T I3 MORTGAGE,made and executed this.........�.�_. . day of.._�i.ptr.1..� .. A.D.,
<br /> ----....----- .......---��---�
<br />� 19..Z�,between the Mortgagor,..ROGER,A,._.KEEP,,...a„single,_persoq.---------________
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<br />, ...................•---...----�--..............._.._..---�---.....-----......-----�•--••---...----•�----- ....------....-�----•-•--•---�•---...--------....---�---......_...-----
<br /> -----...
<br /> i of Grand Island , County of . Hall , _ ,State of Nebraska.._____._. hereinafter referred
<br /> .....-•-------� -
<br />; to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />� LINCOLN, 1235 "N" Street, Lincoln, Nebraska 58502, its successors and assigns, hereinafter referred to
<br />' as Lender.
<br /> i
<br />� WITNE5SETH: T}l8t E}IB said Borrower for and in consideration of the sum of_...SEVENTEEN_THOUSAND ' � � ' '�`�
<br />! TI�tEE HUNDRED F�RTY AND NO/100-----------------__ , '"""""
<br />� -••-:- •-�-----••--�--••-�--•--••--�--.....--------------------------------.........-�------...--�-----.....Dol.ars (US$...._17�340..00 ...------•-�-�
<br />( pa3d by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br /> :. ;.°.
<br /> followin described y ' y Hall •';
<br /> j g propert located m the Count of .............................................State of Nebraska:
<br /> i
<br /> 1
<br />' ine ."7011LI1 Gne-rialf of ine �ast Une-Ha:Lt' (S2E2 j of Lot Three (3}, oi' Vantine's
<br />; Subdivision, located on a part of the Northwest Quarter (NW4) of Section 22,
<br /> Township 11 North, Range 9 West o£ the 6th P 1�I., Hall County, Nebraska.
<br /> t
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<br />� TocsTHFa with all the improvements now or hereafter erected on the property, and all easements,
<br /> f rights, appurtettances, rents, royalties, mineral, oil and gas rights and profits, water, water rigl�ts, and
<br /> waier stock, and all fixtures 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
<br /> Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this
<br /> Mortgage is on a leasehold) are herein referred to as the "Property".
<br /> Borrower covenants that Bortower is lawfully seised of the estate hereby conveyed and has the right �+�:r;:
<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 ot 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 nbstract oF title certified '
<br /> by bonded abstracter. i °�
<br /> . PEOVIDED ALWAYS� and these presents are execnted and delivered upon the foUowing conditions,agree- �. '���
<br /> ments and obligations of the Borrower, to-wit:
<br /> The Borrower agrees to�pay to the Lender, or order,the rinci al sum o E��EN THOUSAI�ID ,
<br /> TfiREE HUNDRED P P �... ..............�------�--�-••--•---�-•------
<br /> FORTY AND NO/100------------------_ 17 340 00
<br /> •-----••..............•--��------------......_....---•-•-----�---�---•----�--•------------.....---._ .-----�--..Dollars (US$_..-----�-••'�------' �
<br /> payable as provided in a note executed and delivered,concurrently herewith,the Snal payment of principal,
<br /> if not sooner paid,on the--.-••---1st.............day of......---_--lpril._.....--- . .---.., �k._2007 � ' - ;
<br /> UNIFORM COVENANTS. BOTTOWCI'Hri(I IRRCIET covenant and agree as follows: � �� �
<br /> 1. Paymeat of Principal�d Iaterest. Borrower shall promptly 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 interest on any Future Advances secured by this Mortgage.
<br /> 2. Fuads for Taxes �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 /> Note, until the Note is paid in full,a sum (herein"Funds") equal to one-twelfth of the yearly taxes and
<br /> assesaments which may attain priority over this Mortgage, and ground rents on the Property, if sxny 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, ali as reasonably estimated initially and Fmm time to time by
<br /> Lender on the basis of assessments and bills and reasonable estimates thereof,Lender shall apply the Funds
<br /> to pay said tases,assessments,insurance premiurns and �round 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 /> g�ve 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 ior the sums secured by this Mortgage. The Borrower agrees that the Funds may be held by the
<br /> Lender and commingled with other funds and the Lender's own funds and the Lender may pay such items " i '`,
<br /> from ita own funds aad the Lender shall not be liable for internst 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 dates af taxr�, assessments, in$urance premiums and ground rents, shall exceed ;
<br /> the amount reqvired to pay said taaes,asaessments,insurance premiums and ground rents as they fall due,
<br /> such.:ezcess.sha71 be,at.Borrower's option,either promptly repaid to Borrower or credited to Borrower on `' �"`��
<br /> monthly inatalImenta,of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay '� -
<br /> t�aes>,assessments, insarance premivms and ground rents as they fall due,Borrower shall pa to I,ender ����*-
<br /> any amount necessary to make up the deficiency within thirty days after notice from Lender to Borrower
<br /> rpciuesting payment thereof,or Bor=ower ahall, by sa increasc in monthly inststllments of Funds required,
<br /> repay the deficiency'within the Fund'accounting period.
<br /> Upon payment in full of all sums aecured by this Mortgage,Lender shall apply Funds held as a credit �
<br /> against all.sums due.
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