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tri1DlVlDUAL
<br />C9UE ON SALE
<br />APTIQNAL SUTURE ApYANGES
<br />SAYlMGS FUiY[9
<br />- ~ - , ~ Fortaq No. 720 - -
<br />Loan Number---34439__-_I$$__`_g s~~M
<br />~-~ S~ its ~ Ci tai ~ ~ ~ T '~
<br />~'IiIS PvIORTGrAtiE, made-and executed this --.----..__.../......------•-. day of .----.a~ ~~.-.•--...... A.D.,
<br />19.~., between the ivlortgagor, ..-...$a1z..Z.:---Smith_and_.Linda-IC,...Smi.th.,--husband.-amd..wi#:a,:.....:...
<br />....,~ a4xtiiay..aad_.escb...fiti...tlse#s _.awn..sight..---. ..................................-...------------------....-.-...--•----.........__.-.......
<br />of --..G.X..aAi1...Ialszict...:...-., County ef -------------Ita1J..-..----...-.--, State of ..Plehsaska..._.-_, hereinafter referred
<br />to as the Borrower, and the lt~Iortgagee, FIRST FEDERAL SAt+INGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 1235 "N>, Street, Lincoln, Nebraska S&5G1, zts successors and assigns, hereinafter referred to
<br />as Lends;.
<br />WtrxrassExtat: That the said Borrower for and in consideration of the sum of .F~TX.=NiNS ............._-.
<br />...-.3'iiiIJ35AtiIF.-.~IQ-.Tf»k-.AFfI?..fiQl.kQfl--Boa--:------.---.---dollars fU5 ~---59.,-200..Q#1...: .............:.)
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns;-the
<br />following described property located in the-County of ......._-.-__.--llal~._-_----......, Stag of Nebraska:
<br />Lot Tweaty-Nine (2g} LeHeights Fourth Subdivision a tract of Iand coaprising a part
<br />of the East Half of the Northwest Quarter (FW74) o€ Section lI, Township 11 North
<br />Range lt} West o€ the 6th P.M., Hall County, Nebraska
<br />TfJGETHEB with all the improvements paw or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />water stock, and alt futures now or hereafter attachedi to the pmpert;, all of which, including rep'°^•~-
<br />ments and additions }~°*~, shall be'deemed to be and remain a part of the property covered by this
<br />2.Iortgage; and all of the #oregoing, together with said property far the leasehold estate in the-event this
<br />Mortgage is an a Leasehold) are herein refereed to as the "Property".
<br />Harrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that $orroa er will
<br />warrant and defend generally the title to the Property against all claims and demands, subject: -ta any
<br />easemenf$ aad restrictions fisted in a schedule of exceptions to coverage in any title-insurancx`policy-in-
<br />surfing Leader's interest in the Property, ar f2) attorney's opinion of title from abstract of-lade certi$ed
<br />by bonded abstracter.
<br />Paaovzaav Ar.wnxs, and these presents are executed and deLvered upon the foIlowing conditizaiss,. agree-
<br />ments and obligations of 'the $orrower, to w-it:
<br />The Harrower agrees to pay to the bender, ar order, the principal sum of _.??>=.l!~'-PT~NE.. ~QlTS.631D..-.
<br />.....7'W~:~RE?~....k?4?I.I,BQ~~.___------- _r~~-.-:---- :.Dollars ftTS ~--~9 29!Q;.II.4._...._.._..---->
<br />payable as provided in a pax executed and delivered, concurrently herewith, the final payment of principal,
<br />i# not loaner paid, an the ----- I?fzst---------.. day of .December----- -----------_......-., ~-.200? ,
<br />lix##*aaiM Coviixnxxs. Borrower and Lender covenant and agree as follows:
<br />1. Puymen# of Pruxripat mxd Frx#~s~s#. Borrower shall promptly pay when due the princi~t of and a'n-
<br />terest on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note,
<br />snd-the principal of and interest on any Future Advances secured by this A4ortgage.
<br />2.;flrnds fiQr Taxss and Inauzcmce. Subject to Lender's option sander paragraphs 4 and f3 hereof, Bor-
<br />rower shall-pay- t4 I:ender on the dey monthly installments of principal-and interest are; payable under the
<br />Note; until the' Alnte is paid in full, a sum fheeein ``Funds"} squat to one-twelfth of the- yea~y tales and
<br />assessrnertsa which. may attai.~i parityy over this h3ortgage,.and -ground rents en the Property if any plus
<br />one-tv.~elfth irf yearly- pr€rnium_installanents for h_ azar~_insu~a:.ce. plus oae-twelfth of yearly premiumn-
<br />etallwents fbt mortgage insurance, if any;' all as reasonably estimated initially and fr+p~i ~.ime try tm_re by
<br />bender on the basis of asses~erits and bill's and reasonable estunate~t tip*?~y T. ~..dar shat tt-pp',- sae r~uaids
<br />to pay said_ias 3, assessments, irsiraace premiums'and ground zet!ts.` Lander shall make non ftsr ,so
<br />balding ann applying the Funds or verifying- and eempilinq load assessments and Iiillrs. The Le~r elute
<br />give to the Borrower, without charge, an annual aec'ESUnting of the F+irids sliowatg credits and'delits to the
<br />Funds and the purpose for which each debit. to the Funds was made. The.Funds [te pledged as additional
<br />scc+.arity for the Burns secutecl by this i!-lart,gage. The Btrrrva~er agtt~s that the Funds may be held by the
<br />Lender and eorruningled with other foods and the Lender's own funds and fhe T ender may pay such zte-'ns
<br />fnottn its awn funds and the Lender shall not be liable for interest or dividends an such Funds.
<br />if ±he amount of the Fiords held by Ixyader, together with the future monthly installments of Funds
<br />payable prior to the due detea o£ taxes, assessments; insurance premiums and ground rents, shalt e~cecd
<br />.the a,-nount regf,7ired to pay said tales. assessments, insurance premiums and ground rents as they fatl.dve,
<br />such excess shall be, at Borrower's ootior, either pzoniptly repaid to Borrower nr credified tt+ $arrower ors-
<br />rtcnth!y instalL-nents of F•,:nda. If the anotutt pf the. I'unda held by Lander shall=not lie snfFeisnt to pay
<br />t<a;es, a.se~=certs, iatscra:trs; premium3 aril ground rents as they fall due. I3ormwer shall pay to Lender
<br />any amount n~essary to make up the deEciency wi±tuti thirty days after arotico from Lender tp Borrower
<br />i[cquestmg payment #~ereof, or itiorrower .shall, by an increase in maathly inatalluients of Funds required,
<br />Fepay the ctficiency within the Fund aecoianting period..
<br />;saaak payment in full. af. all sums s2x:,.rred by this l4+lgrt-gage, Lender ahalI apply Funds held as a credit
<br />against all sums dcre.-
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