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<br />13U>r t)fV JAI.E
<br />OPTl23lVAL PU7ilR~ A[SVANG~.S
<br />SAVlM1lGS F"i.iND
<br />- ~ _ FORb3 750. 72a
<br />i.oan Number_>3973~_-- __18$.:-__l--
<br />+rDa Branch
<br />i~--~ vl~i`t1' ~~ ~ Q` ~ ~ ~ ~ G ~
<br />s MOR`T'GAGE, made and executed this ...---------......._...~~ day of .'~.~~~'L:::.. A I) ,
<br />i9 ;. ~ --~ between the Mortgagor, :.::Chsrlea:~_..Baasch..and..Janice:.K...Baasch;..htishaad:.ar+d::..__..
<br />...~~.-:;~viritly..ass.,~_nosh:.iu---t.Yieir..-a~rn--~~-~ ---- --------------•---------------------------............-------•------.-...,......
<br />of ..~~at~d.:ls.7.Hns1 ........:.... County of ._....•---FTaII......--•--•--.-.-, State of .,Nebraska........, hereinafter referred
<br />to as the Harrower, and the Mortgagee, I%IR$T Fl:i)I;RAL SAVINGS ANTS LOAN ASSOCIATION qF
<br />LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to
<br />as Iznder.
<br />SYrTxn~saTx: `s'hat the said Borrower for and in consideration of the sum of ..,J?AR2Y.-NINE ..............
<br />..TEQIISAIID..k'OSEI;.-•Iii1N>2$~I)..A~JA_NQ/..1.QQ------------.--~----Dal;ars (US $-:.45.,40D_510-------------------}
<br />paid by said Lender,: does hereby mortgage, grant and convey to Leader, its successors and assigns; the
<br />following described property located in the County of _-._.._..---_---.llal.l ................. State of Nebraska:.
<br />Lest Nineteen (19}Black 1~uo (2} is Coatineatal Gardens an Addition to"the Citg of Grand
<br />Isiaad, Hall County, Nebraska
<br />TtJOS~rxex with. all the improvements now or hereafter erected on the property, ,and -all .easements,
<br />rights, appurtenances, rents, royalties, mineral, ail and- gas righter and profits, wa#er;.water._riglats, and
<br />water stock, and aII fucttrres .sow or hereafter attached to the property, all of which; including replace-
<br />ments and additions thereto, sltali be deemed- to be sad remain a part of the nmgerty covered- by-this
<br />14Tortgage; and -all of the foregoing, together with said property (err the leasehold estate in the ant r~his
<br />IViortgage is oa a leasehold} are herein referred to as the "Property"
<br />$arrower covenants thai Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />tQ mortgage, grant and convey the Property, that the Property is unenubered; and- that I~orrower gill
<br />warrant and defend generally the title to -the Property against all claiu;s and demands, sirhjerdi to-any
<br />easements and restrictions lista~d itr a schedule of exceptions to coverage in any title iasuranee policy in-
<br />suring Lemler's interest in the Praperty,itr{~) attorney's opinion of title from abstract of tstld`esrtified
<br />by bonded abstracter:
<br />Pa6YIDEO ALAAYS, and these presents are executed and delivered upon the fallowing conditions; agree-
<br />ments and abtigations of the Harrower, to-wit:-
<br />The Harrower agrees to pay to the Lender, or older, the principal sum of ..~=~~-~u?E..~Ql?$~8.._.
<br />-~-
<br />..~413~..H1I14~#1..a.~--1~3QCt(?.#1-:°-°-......-------'~°.°--------.-:--.~lallars (tiS~-.~~-*4~.~--------------~-•-•}
<br />payable as provided in a note executed-and delivered, concurrently herewith, the final payment of principal,
<br />if not sooner paid, on the ___-First.-.-...... day of _R~~~sb~r--_---------_....---..-, ~_.20Q8
<br />i3xrr~osar Cov>rx~:x~rs. Borrower and Lender covenant-and agree as follows:
<br />1. Payment of Principal and Interest. Borrower shall promptly p$y when due the priacipeT of and in-
<br />terest on the indebtedness evidenced by the Nate; prepayment and Late charges as providee~dj m the Note,
<br />and-the principal of and interest on any Future Advances secured by this Mortgage.
<br />Z: Funds tar- :axas and iasuraxsce. Subject to Condos s option under paragraphs 4 and 5 hereof, Bar-
<br />- mw,r ;hall pay to Lender ~ -the-day montlrlp installments of principal and interest are-payable-under the
<br />Note, until the Notes is-raid m feilt~ 8 :<s~ (hn y^u "F---a..„i , . ,,.,. r.~ _»,a_..~,.~ a
<br />w•ua J egiiaa eu 3rac-isveuaaa va LJec ;y'caus~ ~ .-an...
<br />ass~sm=,•nts zvhieh mayat<tain priority over this ~viortgage, -and ground rents on the Property, xf any, plus
<br />one-twelfth of yearly premiurr> i;tstallrnents for hazard itisuranee, plus one-tveel#th of yearly premiumiar
<br />stalicnents for mortgage:-ir~uranee, if any,-till as reasonably estimated initially and from: dine td time by
<br />.Lender on the basis of assessments and bills. and reasanable estimates thereof, bender shall ;apply the Funds
<br />-ter pay said taxes; assessrnertta, insurance~remiums-and. tl rents. Leader s1xaH make rnt chaigs far so
<br />ImTding and applying the Funds. or veiif',ri:cg and corap~,aid assessment3 anc: bills: the Leader shalt
<br />~~' ~~ -the $rtrrrrwer, without charge, aA annual accarmt"ng of the Funds showing +eredits and debitde to flre
<br />artd the ptispase for which-each debit to the Ponds was made: `f fie Funds are pi~iged as additfanal
<br />-.,a.:k~.a f -pia'; -~uii ii; ~iii~ i/,j :l •. ai~U~r.. Ti33c S7VIL~1Wk'.L il~;i4'CS t~Ilat iilC i• Unites 1(SiIY L1e ll('.lil VV the
<br />.ruder sad camrsingied with atlter funds and .the Lender's own funds and the Lender rosy pay such items
<br />lso~ i,s o~~ funds and the. Le;;dcr shall Y,v% lJe liaote for interest or uividends on Bach .Funds.
<br />tf the amount a# the Funds held: by Lender, tag+~ther with the future monthly instal#znents of Funds
<br />payable grivr to the due dates of taxes, as6rss,~nents, inr?tuance premiums and ground rents, slsalI exceed
<br />the arsounc required to paj said fazes, asarssments, insurance pramit:ms and ground rents as they fall dve,
<br />sttcli esc~s shad be, at Burrar>~r's aptian; either pramgtly repaid to I3ormwex or credited to Borrower on
<br />rnrsnth:}' installments of Funds. if the amount. of the Funds.heid by Lens3er shalI-not be su9ieienf. to pay
<br />:axes, assessments. insurance prera;urns aml givund rer,+~.ua ;}soy fall due, $ormwer shall pay to Lender
<br />say amount necessary to snake up the deficiency within thirty days-after natico from Lender to Borrower
<br />regd~ting pa~~nent t$eret>f, or $orrower shalt; hy_ xn inorsase fn monthly instalhnents of Funds required,
<br />repayr thJ~ deficiency within the FtAnd accoetnting period:
<br />I.iPon payuwnt in full cf all: sums secarred by -this Mortgage, Lender-shall apply Funds held as a credit
<br />against all sums. titre.
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