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<br /> fNDIVLDUAL } .� ��+�r���� s,�
<br /> `' a i ' � DUE ON SALE , _ � E�>h�,3+,. .r'�
<br /> � OP'i'(ONA�L FUTURE ADVANCES ` +,-���.��''`�� ,
<br /> � �� �� SAVIIV,GS�F.UIVD . . � : ' `,�'r"`""��
<br /> +'� �. . '+G . x � FORM NO.'7.20 , ��� ..' .. . .. � ��^�`§�
<br /> � _� ��N n . . : _ Loan Number---36622__-188__ —Z____ 6 �h �f�� �: -
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<br /> ��'-' U`O 3���31 �M O R T G A G E � � �� � � � � `��
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<br /> �� S MORTGAGE;made and esecuted this �6 day of �X� _ A D, +� ` zc �q a 3 k�"',�f��"
<br /> t � 19 7�between tF�e Mortgagor T�o�Y R Morthole and Ardanna M Morthol,e; husband and � , � '�; "�;���t
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<br /> �k wffex,;jointl�, and each in their_owa right_...--••-•----..__.... ... _.. . _._ ..._ � - � rx�1��3�� �x ,
<br /> �� I.II�7COLN$1235 e N8 St eet, I;inc In, N braska 68501ERts s$essorsG nd assiLOR e es after Tfeaed� �l - ` r . `'�T���'���i,
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<br /> <� t ower for and in consideration of the sum of TA�TY �O TSOUSAND �'�`����°'�"�
<br /> : xn�`'�ri��n�a� 1��1'�8n' ------ �� ��0 �� � ,�ti��;'�
<br /> ._ ..-- --- --•.... -••------ -- -----•- •-..__..:........:._..... ......_..__Dol:ars (US$. .----'- - -•-•..) r ' �>:�z��,� ,�
<br /> paid by'said Lender, does hereby moztgage, grant and convey to Lender, its successors and assigns; the � > ��'�,-���`�x��
<br /> °' following described property located in the County of.____...__.._..Hall........ ......... State of Nebraska: ` . +`� ; � ���,�f
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<br /> Lot �renty-Povr (24), WolPe's Subdivision in the City oP �: f$�'����+ k��.
<br /> Grand Island,. HaLl County, Nebraslta. f r� ;��s��`�` i
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<br /> " ToCtiTxEa with all the improvements now or hereafter erected on the property, and all easements, � a c t''�'�s�
<br /> ': fights appurtenances, rents, royalties, mineral, o� and gas rigHts and profits, water, water right's, and � : -�A�1�°"�'
<br /> water stock,,and alY fixtures now or hereafter attached to the property, all of.wIuch, including replace- ' ' D'�����
<br /> '''� ments and additions thereto,shall be deemed to,be and remain a part of the property covered by this � ��R����
<br /> .� 1�Yo�gage, and all,of the,foregoing, together with said pmperty (or the leasehold estate in the event this " �" '����`�"
<br /> Mortgage is on a leasehold) are herein referred to as the •`Property» ��;�-,��; ��'
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<br /> �� Bortower covenants that Bortower is lawfully seised of the eatate hereby conveyed and has the right , ��s�,l`*�'>
<br /> �` to mortgage;grant'and convey the Property, that the Property is unencumbered, and that Borrower will ; , =Fr'}`"`�-���� ,
<br /> �variant:anii defend generally the title to the Property against all claims and demands, subject to aay ' b� ��
<br /> essemeats and restrictions listed in a schedule of exceptions to coverage.in any title insurance policy,in- ��.tr� �'��,`��-�
<br /> suring,Len�er's interest in the Property,or (2) attorney's opinion of title from abstract of title certified s�, "'+` �#�""*.��
<br /> �' by bonded,abstracter. ; �5 3��'���1��, .
<br /> i ���' �PROVIDED'ALWAY3� and these presents are�executed�and delivered-upon the following conditions,agree- f °�` s � Mz"�"'�'�'
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<br /> ments and obligations of the Borrower, to-wit: � ; �,,�����
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<br /> The Borrower agiees to pay to the Lender or order the pruicipal sum of....7�A,�L..7.W.� 7SflxTSE+ND � �t�.�.•��-��� "
<br /> ��IIAIlJ�A:�'��� NO(100 Dollars (US$...3�.�9�4,�Q.....__.. ) � ; > , �, t�
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<br /> � payable as provided m a note eaecuted and delivered concurrently herev�nth the final payment of pru�cipal, r^ � .�;i��'�£
<br /> , , ` if aot sooner paid,on the' lat ._day of. :,June I=••--... 2007 �. * �`� �
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<br /> ' ,UrnFoaM Covsxwrrrs.Borrower and Lender covenant and agree as followa: `� 4-�"�`� , �
<br /> � I:Payineat'of Piiaapal�d Iatereat: Borrower'shall rom tl �'„,�`4r '���r.» �
<br /> teresQ,oR the indebtedaeas evidenced b the Note, p p 3' pa3'when due the princ�pal of and in- . �� � ;
<br /> y. prepayment and late charges as provided in the Note, r �+�- ,,����M
<br /> and the principaljof and interest on sny Future Advances:eecured by this Mortgage_ �,!�;���s�
<br /> '• 2.'Fuads"for Tm�es�d Insvraace. 'Subject to Lend'er's�option under paragraphs 4 and 5 hereof,Bor `��"���
<br /> rower a}iall pay to Lendrs•on the day monthly installments of principal and interest are payable uhder the `r� ��'`�
<br /> Note,runfal the Note is paid in-full,a sum (herein"Funds") equal to one-twelfth of the yeariy tages and f� s�r�� �
<br /> ssaesaments.which•xaay attaia prion over'this Mortgage, and ground rents on the Pro ert �¢��"r��"�
<br /> P Y�if any plus �y r ^�,�� �
<br /> one-#w�welfth oE yearly premium ins�ents for hazard insurance, lus one-twelfth of eari ' ' � 2 ' `�r
<br /> ��-'' - . . P Y Y Premium�n- � � �
<br /> r� sta]Iaients for mortgage uzsuraace,if au� all as reasonably estimated initially�and irom time to time by `' � �
<br /> �t Isender dn the bas�a a#,asseflsiments aad.bills an d reasonable estimates thereof,7.ender shall apply the Funda � �` �, ,,,}„
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<br /> �P�Y�d�es assesameats,insuianoe preaiiums andgro und rents.Lender shall make.no charge for so i � ,�.,$,,,
<br /> 4 hglc�m�snd aPp�Y�B the F`unds or nenfyuig and compi7'ing said,assesaments and bills. The.T ender ahall. '�-�,-�.
<br /> �� .� & e�o tTi"e.Borrdwer"w3thout.charge aa;annusl ac<wnntirig of�the.�nds:sliowing',creditg,and debits to the F' ` ����`
<br /> '�;`�� k;6tu�s'�andFttie'purpo�fo'r wlssch each de't►it�'to the Funda was made. The�aaiis are pledged as addit�onal , `� .
<br /> �� 3� �k9 r*thesums�secyred b t 3Vfa a a`°, :�,"�+
<br /> , � Y�.1ss� rtgage. The^Borrower agrees Lhat tlie Fimds maq be held by th'e � � }�s
<br /> ,�� T:�x ai�fd�ommingled v�nt�.°other�funds:and the Lender's.owa°funds and the Len3er maY:PaY such items
<br /> �" �;'�++ ' ovvn��ds an�tf��,I,ender si�aH not be liable.fdr interest'or dividerids"on such Fntnds. ��
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<br /> �`�,�''�"�" r�g o es�mrl9�'He�c�` 7w$ad�r,together wxth the futnre monthly�installmente of.Funds `�`F"
<br /> � ��'�'�S�� • , � x ,�����t���n� uranee,x reIIunms,anaad groiiad rents, shali.:eaceed i '' ki�
<br /> �,r � >' ° ,ai�� ���� k��q m$h��+n��neasance d,t�a Boria
<br /> ���F� � � } fi � �_ d ground rente as.txiey:,.fa]IFdue,. `� r-
<br /> * P�� wer or credited':to Borrower on ?
<br /> " �y� :' �;Tf��amauaf.o��Y���ind�d by T.ender sh'sll'not be suffiaient to pay '
<br /> ��.�xr,« , �,�: r�ane�P�euo3"u�matldr�+onnc��sanisas�they=°fs}l�due, Borrower shaill paty to'Lender
<br /> ��, , „ - e��� +�,��.�,�`��St�y�s�h�n�tty daqs after;notic:e from Lender to Borrower � �z "...��
<br /> � , A�� � ��Rf�,. � �e��aittdl��iiinfa�o��su�crease m monthly.iastallments of'Funds required, �1
<br /> �'r�tk h e �� +�# 51AK� ��t� t.�, ?��� � �� x„ i .: . �_ . :. . . � �
<br /> � d���.��`��;,`Q��` ��i��b]''`'�'1lTtY%��ge;I:�ndei shall apply Funds held as a credit �
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