|
<br />/~~~ A~
<br />t
<br />
<br />lNritY1DUAL
<br />t3U~ ~N SALE
<br />lJP710NAL Ft1TLfRG ,OBVANCES
<br />SAVIf+iP'sS i`'t7ldgi
<br />ceases ears. 72`J
<br />Loan Number. 33bOfi ___-_ 18& _-__1 _,
<br />Type B,anch
<br />
<br />TINS A3C?RTGAGIi, made and sxecuted this ........-211 ............._... day of .-----IraYe>nt=e_*-----.-...... A.D,,
<br />19_.'~&., between-the Mortgagor, ...An~tald_I2eaXl.Kst3.1~x-,_ ¢_-s~.Ag~~...P.eF.59a:----......-° ............................_..
<br />of .Gxand..Zslaad......._._.-, County. of .-.--._lia~.l< ..............__..., State of ._.liabraaka_....., hereinafter referred
<br />to as the Borrower, and the lVIartgagee, FIRST FE-ERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 1235 "N" Street, Lincoln, Nebraska 6$501, its successors and assigns, hereinafter referred to
<br />' as Leader.
<br />`9VrTxESSa~rx: That the said Borrower for and in consideration of the sum of .. ~~3~T5'-IIG~T...-...---..•
<br />--------~3t1IIb97~1_Q14Ia..FITJS3AItFR..ANZ?--I+?91.I0s~-------.-`------.-°DoUars (US ~- 4$, iQ9..Q4_....---...------..)
<br />paid by said- bender, -does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />fallowing described property located in the County af -...... Ha2~ .....................•----., State of Nebraska:
<br />I~st Eighteen (1~}, West del .Azr Fifth Subdivision, in the Citv_of Grand Island,
<br />Ha11 County, Rebaa;ka .
<br />'I'{3GFTHEB with all tfie improvements now or hereafter erected on the property, sad a31 easements,
<br />rights> appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water .rights, and
<br />water stock, and all fcxtures now or hereafter attached to the property, all of which, including replace-
<br />ments and additions thereto, shall beaieemed to bs and remain a part of the property coveY-ed by this
<br />Mortgage,-and all of-the foregoing, tagether with said property (or the leasehold estate im the event-this
<br />Mortgage is on a leasehold j are herein re#~red fc, as ~~e ``l'ro~rty"
<br />Borrower covenants that $orrower is lawfully seised of the eta*_F hereby conveyed and has f.~' -Fght
<br />tax mortgage,. grant ¢^~l .~onvey the Property, t'nat-the Pro~zty is unencumbered, and-that Burrower will
<br />warrant and defend generally the title to the Property against all claims arzd demands, seib;~ect to any
<br />easements and restrictions listed in a schedule of e.Yceptions to coverage in any title insurance policy: in-
<br />suring Lender's ntterest in the Property, or (?) attornPV's opinion of title from abstract of title certified
<br />by bonded abstracter.
<br />Fsov[r,€n ALwavs, and these presents are executed and delivered upon the following coaditans, agree-
<br />ments and obkigations of the Forrower, tv-w-it:
<br />The Borrower agrees to pay to the Lender, or order, the principal sum of ..FQktT.X-F.~.f~HT..TIi4ll1~#tilA-.
<br />_.....RP1L~.;tfb'?~173I1~12-.,bk~..~.Il(30.---...---.--'--~---------------~_Dollars (US $..tsSx2>~,.€~,---•--------------}
<br />payable as provided in a note executed and delivered, eoncurrentip herwith, the final payment of principal,
<br />if not sooner paid, arx the _.-...- 7.st-._-..-_... day af ..-.....17eeemli~--------------------- 1Stx.-~$
<br />tih11Ylau Cov€xn~.-xs. Harrower and bender covenant- and agree as follows:
<br />I. Payment of griaGifeul and iacdereat Barrawer shall promptly pap when due the principal of and'iitt-
<br />terest on the indebtedn evidenced by fire Note, prepayment and late charges as pm~rided in the Note,
<br />sad the principal of and interest on any Future Advances secured by this 1Vlortgage.
<br />2, Funds ~r Tmc~ cmd Iusnraace. Subject to Lender's option under paragraphs 4 and 5 hereof, Hor-
<br />mwer shall pay to Under on the day monthly installments of principal and interest are payable under the
<br />Note, until t'~,e Note is paid in full.,. a s;am lhereie "Funds"} equal to orte-twelfth of the yearly taxes and
<br />asse~cments which may atfa:n priority aver this Mortgage, -sod ground rents on the Property, i# any p3us
<br />and-tviolftli of yearly premium installxnenta for hazard insuraric~e, plus one-twelfth of yearly premzu;sYin-
<br />staUments far mortgage insuratsce, if any, all as reasonably estimated utitiaUy and from time to time
<br />Lender ten the leasis of assessments aid balls and rnasisnRhle est?~±+at~ ~a-~f> L,.ander al~all ny~,ly'T,~ Fun..a
<br />tn. rdav e~~ ~~c~, a..~~:ta:_ ;rsu3°,.:~ p e~,~-^° and gre:snd r~zta. I.andar-shau usske tu3 ~tiarxa ~Ur su
<br />laolig and applying the Yttutds or vers#yang and compiling said assessments and bills. The Lender shall
<br />tg the ~i~rrower, zsrzthwnt rho, au annual acxsaunting of the F~da shows`ng credits and debits tai the
<br />I?u. aatd the rpoae fczr whu<h each d~it to the Funds was made. The-Funds are pledged as additronal
<br />~,Trif; £ur jfi, ..a...., _ ..:,emu by ' na.,,;xago. T'ne-Bpr=ower sgre~ that the ~`unds may be held hy. the
<br />Leittler and cani:ningted ~-ith other funds and the Lender's own fwids and the Lender may pa~ysuch items
<br />frt;:n ifs oven fur.3s and the T.:.under shall not be Isahle tar interest ar dividends on surh Ftintis-
<br />df the acnaunt of the Funds held by Lender, toggther.veith' fhe future monthly°irutallnyetl~g cf Minds
<br />,e3ayshle piror to t'as due dates of trues, astk~semeni s, insurance pm~iums _ii>ad ground rents, shalt ezcead
<br />:tl:e e:n~=unt royuireci tEi tray. sal.''. tssea, ass~,L~rts, insuram^s premiurrts and ~tuscl iepta as they' faP_ due,
<br />~4ccch excess stlaii 'tre, at Borrower's option, either prempily re to $orrow*er or cre€fited io Sormwer_on
<br />Tronthiy :nsialimenta of Funds. Tf the. amount of the Funds ~I by Lender shall-_nat be sufficient to pay
<br />:taxes, asseasmeztts, insurance premiums and ground rent.K as tlzop fall'du~e Bomiwer shall-Pay *,o Lender
<br />.'any amount necessairy to make up thA deRciency vnthin thirty flaps after Mice froru bender to $ormwer
<br />requesting payment thereof, or I3onower shall, by az~ increase in monthly! fnstxUments of Funds required,
<br />repay the deficiency. within- the Fund accounEing_ periad.
<br />Upon Payment in-full o€ sU sums ser_ured by this Mortgage, Lender shall apply Funds held as a credit.
<br />against all aunss clue.
<br />
|