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<br /> � —INDIVIDUAL
<br /> ;
<br /> a ' - DtJE ON SALE
<br /> � OPTIONAL FUTURE ADVANCES � ": ` �
<br /> . � .• t,'
<br /> � SAVINGS FUND ; j
<br /> �j ,. �� FowM NOJ20 . . . . . �
<br /> ��;� _ , � toan Number__35t•y�__-_� ' �,��' � � �
<br /> 88-- — n
<br /> 78-= UU3189 MORTGAGE
<br /> '-� T $MORTGAGE,made and executed this---•--......�j.............. da of•-••----_-•-•...�.�..___ <
<br /> ;� Y `�--.....•---.. A.D.,
<br /> 19_7�between the Mortgagor,..Dn.uglaa.H�__J.uett..and..�'�+�n+l__I,y.nn..J.uets.,...husl�and.and.wife.,
<br /> �o�.m�Zs.:�nd_.ea�l� i.n_.tla���r..ocm._x�.ghs.>------------_--_------------_--.--.---------------_ 1,
<br /> � of__G�and.Saiaad••---•-----, County of ---..Aa11.._.......:-•-----......,State of Hebraska---.---._,hereinafter xeferred ; , :, '
<br /> ` t` to as the Borrower, and the MorLgagee, FIF�ST FEDEf?AL SAVINGS RND LORN ASSOCIElTZON OF
<br /> 1� LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns,hereinafter referred to
<br /> as Lender.
<br /> "' { WixxEsssrx: That the said Borrower for and in consideration of the sum of.TAIRT_SG..THRFLE•-�OUSAND
<br /> i .-....SEAEN..FiiIl+IDBEII.FIETY..AHI1.N0/.1QU---------�-----�---..—.DoL'ars (US$.33,-7.50-.II0.••--•----......-..) -
<br /> " ` paid,by said Lender, does hereby mortgage, grant and convey to Lender, ita successors and assigna• the ��' ' ��
<br /> : ,� following descn'bed property located in the County of __.._..Hall............. .......... State of Nebraska: � " ' ' rt A
<br /> , j� - . ..�.�. � 3'.
<br /> �I � . . � � . . � . . ' l� J
<br /> Lot Twelve (12), Island Acres N�ber 6, a Replat of Lota x, fi
<br /> _ �,��� � � � Nineteen (19) and Twenty (20), �Island Acres, City o£ Grand � � � � � {1�
<br /> � Islsad, Nebraska. ;, ��y
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<br /> �.� -.� � �,. .. .. . � . . . . . . . .. � ' �' 3�'x�5
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<br /> TocexxEa with all the improvements now or hereafter erected on the property, and all easements, b t•`���
<br /> � f rights, appurtenances, rents, royaltiea, mineral, oil and gas rights and profits, water, water rights, and � � ���
<br /> ? water stock, and all fixtures now or hereafter attached to the property, all of which, including replace- � 2, `h,�°`�
<br /> -.� ments and addiiaons 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 ' f4�, ��
<br /> , Mortgage ia oa a leasehold) are herein referred to as the "Property"_ � ; ,� � �;,�i`��
<br /> � Borrower covenants that Borrower is lawfuIly seised of the estate hereby conveyed and has the right �
<br /> if,p ta mortgage,,grant and convey the Property, that the Property is unencumbered, and that Borrower will �
<br /> �f warrant and defend enerall the title to the Pro �
<br /> g y perty against all claims and demands, subject to any �,
<br /> �� easements and.reatrictions listed in a schedule of exceptions to coverage in any title insurance policy in- t
<br /> suring Lender's interest in the Property,or (2) attorney's opuuon of title from abstract of title certified
<br /> �',� by bonded abstracter. �,
<br /> "� .; P80VIDED Ar.wwYs,.and these preaents are executed and delivered upon the following conditions,agree- . .
<br /> ments snd obligations of the Borrower, to-wit:
<br /> � The Borrower a � ` , �,
<br /> ' grees to pay to the Lender,or order,the principal sum of..TKIgT]C..THREE_.�J3.OIISAND
<br /> �•SLStE�i.-urrnmuFn_.gIFTX--Al�ID--N.01_].OD----r_.c.—r.--.—r._------.Dollara (US$.���.75Q.90...---•-•----...•---.) ; j
<br /> :� w'.
<br /> � payable as provided in a note eaecuted and delivered,concurrentlyherewith,the final payment of principal, ;
<br /> �� `if not sooner paid,on the ---••'--.a.s'�..---._day of...---....June....................•-.•---� ]�c..20D7 , ° +<
<br /> � UxuroaM Covexaivrs.Borrower and Lender covenant and agree as followsc
<br /> z� 1. Payment of Principal�d Interest Borrower shall promptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note,prepayment and late charges as provided in the Note, `' 3 '
<br /> � and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Fuads for Tmces aad Insuraaee. Subject to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> �� rower ehall pay to Lender on the-day manthly iastallments of principal and interest are payable under the
<br /> Note,uritil the Note is paid in full,a sum (herein"Funds") equal to one-twelfth of the yearly taxes and
<br /> ,� , � asaessments which may attain priority over this Mortgage, and ground rents on the Property,�f any plus " ' �
<br /> f ,r. oi�e-tivelftli of yearly premivm installmenta for hazard insurance, lus one-twelftl: of y p '��
<br /> atallments foi mort a p yearl remium in- d . R
<br /> � , g ge insuraace,if any, all as reasonably C8L1IT18tCCl� 1I13E1$IIY and fmm time to time by + ` ,
<br /> Eender on the basis of asaeasments and bilis and reasonable eatimates tHereof,Lender ahall apply the Funds �
<br /> en
<br /> � � �Pa3'�d�axes,assessn►ents,insu�'ance Premiums�d�ground rents. Lender shall make no charge for so
<br /> w holcLng:and appIying.the Funds or venfying and compiling said assessments and bills. The Lender shall
<br /> + - 've to,the Bo�orse for whi�gc1i:debi�ual accounting of the Funds showing credits and debits to the % $. ; i1;
<br /> ' ` ����e � the Funds was made. The Funds are pledged as additional �' = i
<br /> „� .�ecunty for the,suma.eecured by t�is Mortgage.;The Borrower agreea that the Funda may be held by the
<br /> �; I:ender snd commingled with other funds.'and the.I.ender's own funds,and the Lender ma �"��''
<br /> y•pay such items R�;
<br /> fmm its orovn,furnds and ttie L,ender shall not be liabie for interest or dividends on such Funds. � � h4
<br /> �^' If�the,amoimt of the Fi�nda Iield by Lender,together with the tuture monthly installments of Funds '� ' '
<br /> +petyable�a�,,''to�he dne datea bf;teaee erita:.insurance remitima and rt
<br /> � p ground renta, shall exceed
<br /> 'r; �� unt 1�eclt�ed t°��.sa�d i;azea,assessmeats;insurance premiums andground rents as they fall due, �
<br /> "' +8'hal���e aE xrowei''s option.erther' romptly.repaid>to Borrower or credited to Borrower on
<br /> !
<br /> •�ont�6��'aslrstlmeats of I�`unda If the aaiount..o�the,Fvnds held.by,Lender shall not be sufficieat to pay �'
<br /> �����+��Ce P�inms and gi�ourid.rettt�as tfiey fall�due,:�Borrower ahall pay to Lender ���
<br /> � �as�amrnm�neoessers•to make,vp the deflcieacy withia
<br /> -` ��4���Pa3?A�t thereo °or Boaowet�e �y��after notice from Lender to Borrower
<br /> f. ha11.�bY:an increase in monthly installments of Fvnds required,
<br /> �re�ay tli���3efiaexacy wit,lim the'Fiiriii'axtiuntiug period. '
<br /> ,� iJpuu;payn`ient in:full:ofisll sams secured by this Mortgage,Lender shail apply Funds hcld as a credit
<br />�,,, aga�nst alt;sums dve �
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