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<br />UN€8lN.
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<br />INDIVIDUAL
<br />DUE ON SALE
<br />OPTIONAL. FUTURE ADVANCES
<br />SAVINGS FUND
<br />F"ORJroI No. 720"479
<br />
<br />83_11;-'6818
<br />
<br />Loan Number -----SW-38.:=4J'.;--=-"J,{l:l
<br />
<br />MORTGAGE
<br />
<br />THIS MORTGAGE, made and executed this. ...3.\l1:l1.. ... ........ day of. ...J:~c:~~.... ......... A:D.,
<br />19..83..., between the Mortgagor. St:..phe...D...W..1f,..a..s-!.ngle. .pa;rSIm,.. ........ ... . ..... ....................
<br />
<br />of ..Gr.anrl...Lslau<i. ......, County of . Rall.. . ..., State of ....N.&b;ra&ka.. ... hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SA VINGS AND LOAN ASSOCIATION OF
<br />LINCOLN. 1235 "N" Street, Uncoln. Nebraska 68501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />
<br />WITNESSETH: That the said Borrower for and in consideration of the sum of J:'.if.tee.n..Thousand.....and
<br />nnllOO...Dollars (US S..UOO.O.,.QO.....................)
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender. its successors and assigns; the
<br />following de"cribed property located in the County of ..ltaIL. .............. State of Nebraska:
<br />
<br />lot '&1enty-fcur (24) i..'1 Le Heights Fourth Sulxlivision, part of the
<br />Fast one-half (~) of the North~t Quarter (NW>.;~ of Section 11,
<br />'ItMnship 11 North, Range 10 Wi;st of the 6th P.M., Hall Coonty,
<br />Nebraska .
<br />
<br />T()(,t:THJ,:R with all the improvements now or hereafter erected on the property, and all I'Alsements,
<br />rights, appurtenances, rents. rovaltiell. mineral, oil and gas rights and profit.~, "'liter, water rights, and
<br />water stock, and all fixture<'! now or hereafter attached to the property, all of which, includir.;. .(,place-
<br />ments and additions thereto, shall b.. deemed to 1", and remain 11 part. of the property covered oy this
<br />Mortgage: amI "n of the fOrej(oing. together with said property (or the leasehold estate in the event this
<br />Mortgage is on 3 leasehold I are herein referred 10 3S the .. Propert.y".
<br />
<br />Borrower covcnant~ thlit BOTrOwer is lawfully seised of the egtste hereby conveycd and has the right
<br />to mortgage. grant and convey the Propl,rty, t,hat the Propeltyi.~ unencumbered. and that Borrower will
<br />warrant and defend generally the title to t.he Property against all claims and demands. suhject to any
<br />easements and restrictions listed in " schedule of ,,,:cepUons to <oovera!:e in llny title insurance policy in-
<br />suring u.'llder'R interest in the Propcrtv, or 12) attorney's opinion of title from ahstract. of title certified
<br />hy bonded abstracter.
<br />
<br />PROVII}ED ALWAYS, and these prest'nts are "xecuted and delivered upon the following conditions. agree-
<br />ments and obligations of the Borrower, to-wit:
<br />
<br />
<br />The &>rrower allYe<os to pay to the Lender, (lr order, th,~ prineipal sum of F:1.f.te"Il"J1l911.:i,a.M.. ..aml.
<br />UQiJ..OO. Dollars (US $..J~()()().,.Q())
<br />payable as provided in .. note exe('uted and delivered. concurrently hen,with. the final payment of principal,
<br />if not sooner paid, on the . 1st. . day of febJ:UAt:Y. . llO.2.QQ~
<br />
<br />
<br />UNI:FUIlM COVENANTS. Borrower and Lender mvenant and agree as follows:
<br />l. Paymftt of Principal and Interest. Borrower shalipromptly pay when due the principal of and in.
<br />t_t Oil the indebtedness evidenced by the Not.., prepayment and late charges as provided in the Note,
<br />and thl> principal of and interest on any Future Advancell sl!(:ured by this Mortgage,
<br />2. F..... ior- T_ and lnsW'<m<:". Subject to Lender's option under paraj(raphrl 4 and 5 hereof. Bor-
<br />rowllrshlUlpay to Lender on too day monthly il18tallUlents 01 principal and int..rest are payable under the
<br />Note, until the Note is paid in full, a sum (herein "Funds") equal to one. twelfth of the yearly loaxes and
<br />_nta whkh may attain priority over this Mortgage. and ground rentR on the Property, if any plus
<br />-twelfth of yearly premium llllltallments for hazard iosumnce. plus one-twelfth of YL'llr1y premium jn-
<br />stallments for mortgage insurance. if any. aU as reasonablv estimated initially and froUl time to time by
<br />~on th4t~ola.._ments and bills and reaSQnable.estimatetl thereof, Lender shall apply the Funtis
<br />to pay llBi4. tuell. _enta. iO$UraDCe premiulII3 and ground rents, Lender shall make no charge for so
<br />hokIiI'lg And.. appl.>'ing . tht> Funds or verifying and compiling said a_menta and bills. The Lender shall
<br />~ .to.........lh4ioBol1"!lWel\ without charge. an annual aewUllting of the Funds showing credits and dLoj,its to the
<br />~lUldtbe ~.Ior which each debit!o the Funds WlIS made, The Funds are pledged as. additional
<br />~yfurthe_ sooured.Dy thJ$ Mortgage. The Borrower agrees that the Funds may be held by the
<br />~.lmd ~il1lll"d withQlhllrfunda andth" l.ooder's ownfu.nds and tlw Lender may pay !<tIch itemN
<br />~tf$ OjIfUh1ndltalld.t.ll." Lenderl!ball not hi> liable lor interellt or dividends on such F'und",
<br />llth&;~oftbft FI.mda ~by Lender, togetlwt with thefutu.remonthly installments of F\lDds
<br />,~. ........ . .pnor,*. due da~of tues,.. -.neu.~. insuraJlCep~um8and ground rents, shall exceed
<br />..... .~ t\/IJd.. tltXts, ~ts, 1tl8Unmce prenuuma- and ground rents as they fall du..,
<br />olUCh. .. ., ~r'll. Option,either pIO)lllptly repaid to :Borrowf'r or <Tedited to Borrower on
<br />~l .. If the, lUl10u.nt 01 the Fundllbeld bv Lender ahall not. be suffid..ut to lJaV
<br />~pNmltUnftand/P:fJUndrei!tlllll! thl>y f4n due, Bom;w<!t ahalll'llY to Len.-u;r
<br />uptbe. ~y wit!Unthirty day. after notkc from Lender tc.BolTO'Wff
<br />..pq...'....~~....,.. .. ... .~.'. ~....... h)fJiU1~i"m<ll>thlyirurtalltn<,"h.(\I}'und"requirOO,
<br />~y'iriWn l"ulld --tu:la~,
<br />,l!~~pIl,~;nJunulall.~. ~J,y tbiJ\ MllrtJiP.gl!, L<md('rahallllppl}' Funthlhd,l I'" It ,'"",ht
<br />iJPilloi!t _ _.dutt.
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