|
<br />-I~ID-Vt-]UAL
<br />DU6 ph- SALE
<br />OFT-OIVAL i=t9Y-JRE A©VARiCES
<br />SAYIlVG5 FLiMD
<br />{'Ot1M P7a. y2a - - - -
<br />Loan Plumber_39737____"_188__ _1___
<br />- - - ry,fE Branch
<br />TI3iS It~fO}3TGAGE, made and executed-this ..........:::e~..-.------:...- day of ...---~°~.°.'.`.^~-~".._.....----.. A.D.,
<br />19..~~, betvreen the RRartgagor, ----Rod ,Coaley~_ a_.~}:n~,~e..pex:eon,._ ............._..,.,-...----------.....---------..---..
<br />of .-._tixand..Isl3nd...------, County o#".,-..,:..,.}3x11=------------------ State of ..Nebraska._....., hereinafter referred
<br />to as the Harrower, and the :Nloatga$ee, FIRST F~DER4L SAY1lvGS AND LtJAN AS30CIATEDN OF
<br />LIRICOLN, 1285 "N" Street, LinenhT, Nebraska 68501, its successors and assigns, bereinafter referred to
<br />as Lender.
<br />WtTx$ssaTx: That the said $orrowei for and in consideration of the sutra of ...$IT~~l3.~114}J,$~lf>
<br />_......&F.YJ~I..HIIIkFll13T' ...5.'t~Y..AIJIZ_.NUI14Q--- - _.-..--,-- .--.---'~701iar6 (II.S ~-._,i.-~.r7.6U ~ti....._:.. _....:..)
<br />paid by said Lender, does hereby mortgage;- grant and convey to Lender, its successors and a~igns; the
<br />fol}owing desezibed property located in "the County of :.-.-- .._llall_....__ ............... State of Nebraska:
<br />Lars Twenty (2O) and Tcsenty One (21} Block T}tree (3} in Blain 6dditian ideated an
<br />-and comprising of Lars Four- (4} and Five (5} of Garrett's Subdivision-u€_,t}te :Tortheast
<br />~.rarter (~ '~} of Section 9 TaTaaslTip 11 ?:crib Range 4 Vest- of Chat f<th P.?i. , 1?~sll
<br />County, Nebraska
<br />'f'OCETRE$ with all the improvements now or hereafter erected on the property, _-and all ~sements,- - -
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water; water. rights, acid
<br />water stock, and ail fixtures saw or hereafter attached to the property, all of which;. indudiitg rspl_. -.
<br />meafs and additions t __~to, ahaT'1 be deemed to be and remain a part of -the property 'covered- b}* this _
<br />A+fartgage; -and all of the foregoing, together with said groperty !or the leasehold estate in the event this
<br />run :4 hn a leliald3 ~ lTer.n refarzed t; as the "~apr-*~;
<br />I3oT~ower covenants that Harrower is }awfully seined of the estate hereby conveyed and has the rigixt ,
<br />to mortgage, groat :and convey the-Pmpeny, that the Progeny is ur~ncumbered, and that i3nrmwer will
<br />warrant -and defend generally tnt"ins title to the Property against aiI claims and- demands, sult~eet Eo nay -
<br />easements anti restrictions listed is a schedule of exceptions to coverage in anp .title insurance po}icy in>
<br />suritTg Lender's interest in the Property, or (2) attorney's opinion of title from abstract of-title certified -
<br />by bonded abstracter.
<br />Paovta$p Atwevs, and these presents are executed and delivered upon the foffiowing canditians, agree-
<br />. menu, and obligations of the Bar,ower, to-wit:
<br />The Borrower agrees to pay to the Lender, or order, the principal sum of .-..S.BY.~1TEEtl..TtiQITSAND.,.. -
<br />.:.-...OAT.B'rl..dl„il%i~^u..5.'a,~'Tz--3~--a~`(.lr'i"~s?`.---_ _-^--- ..............--=vallars t[iS $---17.iZCi4,.1353...----- .----<--) '.
<br />.payable as provided in a note executed and delivered. concurrently herewith, the final ayTnent of princT~ial,
<br />if trot sooner paid, an the -.-..-.3st_-.__-...-- day of ..-...-I)e~embex .....................X2t~5
<br />UrTrgaaM CovExr;xxs. Borrower and Lender covenant sad agree as follows:
<br />1.. F,zymen# of Pr+ireir~- s~ ;*±ter®_sta Borrower shall promptly pay when due tire-principal of and in-
<br />tet~t an the iisdebtedness evidenced by the Notes, prepayment and late charges ag provided is rite Note,
<br />and the principal of and interest an nay Future Advances secured by this Mortgage..
<br />2, Funds Icr Taxes and Iasuraame. Subect to Lender's option under paragraphs 4.and 5 hereof, Bor-
<br />mover shall pay to Lewder an true day monthly installments of principal and interest are payable. uimder the
<br />Note, until the Note is paid iri full, a sum (herein "Funds"3 egnal to one-twelfth of the yearly: rases and
<br />assessmenl~r which Tway attain pr'TOraty aver this lt3ortgags, and gmutxd rents isn the Property, tf arty plus
<br />one-£~.•elt.h n€ yo$xly prerruiutsrt irtstailineatts far har~rd iiTSt;raace, pies nna-twelfth of yearly preu~ium ur
<br />stallments for rriis^tgage msnrarree; if aTttyy,~ all as reasonably ~timstecl initially and i"rom tiuTe to tiara lay-
<br />, _ 1`~nder on the basis of assessme3rts sad bt71s-:and reasanalile estirnstes thareaf, Lender shall apply tae Funds
<br />to pay said taaceR; asses+metits a~irsai-.t~'p;emluma and ground rents. lender shall make no c~for sct
<br />_ lcnlriirr,i tinrl »nrlc~irro rho F_ ~c ~r ycu-i ~:i ,D nri ~q V,~,:I~nD ae;;l g~~~Qntg and hills. Ti.a T _r~h~, I~.
<br />give to the 13o`rro~cer, Lvithoat charge an annual accounting of the Funds eho~-ing reedits and debits to tEie
<br />Fa~?tla i+nd th? pG±h,~nse far *yhiclr each debit t~ the Funds ryas mode. Thy Funds are pledged as additional
<br />aecuriiy for. the s=,uns secured by this jortgage. The Sorrotirer agrees that the Funds may be held by the
<br />Ih;ader and comm±ngled with other funds end the L.ertdes's own funds and the Lender may pay such items
<br />from its own funds and the ,Gender sfi:>ill not be li,ahle for iat:sest or r'~i~zdettcis 4n such FundA.
<br />If.-.the amount of the Funds held by Fender, Lagether with tl:a future monthly installments of Funds
<br />payable. prior tv the clue deter of taxes, amettts, ineurence prnrniums and ground rents, shall exa~d
<br />rho ausuunt required to pay said lases, aeae9smentF; insura.7ee prerruums and ground rents as they fall due,
<br />such excess shall 1~, at Rorroaeer's F,ptian, either pratnptiy repaid to Borrower ar credited to Barrowaron
<br />monthly insia}1Trienfs of x'unc2s, if the amount of the Funds held by Lender sha11 not-lea sufficient to pay
<br />tares, assesemerity, insurance premiums and .ground rents as they fail due, Borrower atiali ,may "to I.:ertder
<br />arty amount. necessary to make up the deficiency witiutT tlTirty days after notice from Under to Barzoiver
<br />teguesting payment thereof, er Bartawer shall, b;~ an increase ir. mantlTly installments of Funds required,
<br />repay the deficiency. within rite Fund accountfing period.
<br />!3pon paymeTTt in fail pf all earns soured by tiTis Aortgage, Lender shall apply Funds held as a credit
<br />agaiT?st a1I sunTS-due:
<br />
|