<br />
<br />trvcllv~auA~
<br />f3oE C>h! 53AL~
<br />~~
<br />~~ t~'~rROr~at: Fuztalz~ ac~vAnfc>Es
<br />s~awr~~s Furvo
<br />~
<br />~ORhf N0. 720
<br />-
<br />- -
<br />_
<br />~ -
<br />z
<br />xrn- e.ontn
<br />-°
<br />
<br />M~RTC~~CE 3:
<br />7~-~_
<br />
<br />'inla i~I~RT~s!',is~i mAue ana esetuted this --- :.._ ~,.-.c{.. Clay of .~./-~~'.2~~-k-.. ~#.8.,
<br />3 ::"- ~~/~- t7etVy+eea the-I1ROrtgago-, . J91iA.-~.. -1$Aa.AEa -fiASI.-~£fi~..~i~...l;10}.AAa..Yil#S}J#%til-:,3zld W~.L~ _:.: ~.~~',
<br />_3~.int,ly-.a~zsi.:g;~~li_:~.:_~1~~:~-:Qwo,_s_~8~iti«.;... ...::... .....:..........:.................................... . ._ .~;
<br />of ... Gt.attct..X~~~~d_:,..---.-, touaty of ::...;...d&I~l..~~ ..:.,...; f`state bf ... ti~lz~&~ks3l.:...., hereinafter referred
<br />to as the BQxrower; "and the Ivlaztgagee, FIRST FEI3EitAL SAVINGS AND LQAN ASSOCIATION OF'
<br />Ll:~i;f1l~w, 323 "N',' Street: LiacolEa, Neibraeka 6$SQI, its ~ and assigns, heieinafter referred to
<br />as Lender.
<br />Wr7xrssis~rx: That. t17e said. Barrowex for and. in eon~deratitia. of the sum of ..SEF+EN:-- -...-
<br />.....'iH017~E~ii:;~15tF _iILI1~1R6I1_A7~_.~S?t~OQ-^ --------- --------- ----DOl,a18 (E7.4S... 17 r5U~1..Qt!__:.. --------..-)
<br />paid by said Leader, dam hereby iltortgage, grant and convey to Lender; its sueeessars and assigns; the
<br />fhllov+iiig 3eacrilsed`pamperty located-in.the.i'cruatg of :-----_...,KaLI._..._._........:_; State of Neliras3~a:
<br />I~t Z~i;~e (9) sail Ten {l4}} $I.oek Tha'ee :{3} Boggs. sad Hill's Addiiion to the Gity of Grari3
<br />Is?an~I, ffall County, Al~:ba•aska
<br />
<br />T£)GETH$x-with $ll.the imgrovemeats now or hereafter erezf~d on the Property:.-and al[ easemerxts,.... 5.
<br />rigfats, aPpnrtenaaees, xeats; regaltees, mineral, ail sad gas rights sand profits, seater crater. rights; and -
<br />water stank; and all fixtures saw or hereafter sttacfaed to the property, all of whielir -including raplaCik-
<br />me: att€3 atltlitieiats fhet~to; shall ba <lr~d f€3 -and rsiA a plat rsf ~*te pt~PsFty cctcrsd b;• s
<br />RAortgage; sad all of the foregoing,*~gether with said progeny {or the leasehold estate in the event this
<br />IViorteae is on a,#ehold} sae heiiea a+eferrod to as "`f`rrol>r~ty'"
<br />Borrower, covenants that Borrower is law#ully seisedt of the estate hereby conveyed and has the"'right
<br />tti anortgage, grant-sad convey the=,proPe~Y, that the Pmgerty ffi unencumbereu, and-that l3ortouer v¢alI - .
<br />~varFaut said defend generaIIy the title to the Property against all claims sad demands, sub~ct
<br />to
<br />~ay'
<br />Y
<br />,,,.
<br />ea8ementfi -sad PEStft@t10D8 116tA3d Iri 5 SL`t'it~lll@ Of .S t0 COVCl~gt! 7ri Saq tit~e--iA91aTa3i4'C:.~Xfu..,r"`i11-- _ -
<br />ataritag Lender's interest in the Property, or 1,2} attorney's ogiaaioa of title frown abstract of fatYe carti8[ixl -
<br />by bonded. abstracter.
<br />PsaiQDED A awars, sad these presents ors execufxd sad delivex+e<l upon the following conditions, agree
<br />naea~.anrl obligatio.is of the $orrower, to-wit:
<br />The PcE-rower agrees to gay to the Leader, or order, the principal scan of ...~1~`~1~F.k7 U~AtIA --
<br />_--.xTVF .HIT~....~Q~'7n~~..~~~ _.._.--...-..-'° ................... _-... -..DO'.-lar°a (Llvri +'3 .. ~~y.3-S~Q t~~._..--, ... -.~
<br />gaysble as pr;>~it'ed is a aacte esecu`,,ed find delavered, t~alcurreatiy herewith, the final yrnent of peittC:pal.
<br />if attrG ataoAer gaid, on. the .-... Frs#;-.-.:..... day of ......_...Rene,~ba:r...........---.--;.21ID7
<br />L~raxc~sAa Covt,;avarrrs, Borrower and Lender covenant and agree as follows:
<br />1. ~at-af:P~aaiI snsei iaalarr~4 -Bsrrawer shall pr_ozapt'{y -Pay wheat dtxe-the pzinci~I of and in- -
<br />terest on the inilebtedaess evidenced by the Note, Prepayment and late charges as provided ~n ts4e Note,
<br />sad the grhietpal of sad interest €sa any Future Advances secured bq -this isfortga~e.
<br />~. F`uac~:tor Taxes and lnsrasm Subject to Leader's option under Paragraphs 4-and fs hereof. Box-
<br />" rower shaII pay to Lerider oat the day monthly inatailmeiats of princ~ipaf and: interest ale Payable under the
<br />"
<br />i~ot~, ~ the Rote fs
<br />paid is hilt, a sum- f betels :<unt~") egaaal tb one-twelfth of t yearly tuxes sad
<br />sss~ar€aents istiich rna}- attaist priorit3r truer this FVlortgage, and ground reacts on the Pavperty, if sa-ay g3us
<br />(llama-tiFialf'Gl3 Pf V@~rly Premium Iri=#tlillaaiCatS fOr_l3-'d7~rt~ 1I1Stli~a, ~?~533 Uai@-t~E~~'t~a U~ SOad'l~' ~TS,:7`:::SYi iII- --
<br />staIlmenfs fnr crior`a+ insurance,. of ,sit as reasoatabiy estimated iaitiall amd fro®a times fa time by
<br />Larder sa the b
<br />~~
<br />of
<br />t
<br />'~
<br />a
<br />a snr
<br />ac
<br />sa~mpn
<br />ll the lids
<br />~*+~ ra?!~nab~ ea~_~at!>s tlereOf,
<br />r sh
<br />+
<br />i ,.~ ~__
<br />~
<br />i
<br />~
<br />t
<br />i
<br />3
<br />~ ~
<br />_
<br />~.,
<br />~
<br />Snr s~
<br />uui~ a
<br />gland ma
<br />s:. €,cax
<br />er a
<br />1 a
<br />h„ldiag an:l sppIying the Funds or verifyigg attd'tonaailiag said ssaP~a€n+a,aad ba7la. 'ice L®nndea• shall:.
<br />give to the BorroRmr, witklaut charge, an aaanuAi at~couaitisag itf Funds g credits as$ tGzbits to the" -
<br />Funds and t5e Pu*posa for which each debit to %he E'un(ls was -ode. Fungi- ate ~d as adtiitiont~3
<br />" seciar4ty for tlm sacra secured by this ,4lortgage. The Borer that t#ae l~aaads. Triay i~ held by the
<br />Leaidpx ~d ec~inmir3glerl with other feanda sad the Lender's awn aatl the Lender array-pay such items
<br />fivn, its oirn fvade and the Leader shall not be liable far interest ar dividends :u aaach ~utsd.4.
<br />if the arcaunt of the Feuds held-bp Lender, together with the future monthly iTMgtnilm~,nt8 of Funds
<br />-
<br />pssyab~e pxiar to the due dates +sf te=ns; assessanenta,snsuaance Premiums and ground teats,
<br />shad e~tceed
<br />the aanount retluired to pry said tna~eu, aea~eaaeitts, insuntrtte:pramaums and ground rents sa they fall due,
<br />such exams Alyali Ix+, ax Borrower's aPtion, either Pmsnptly- re d ttl Eorrower or credited tai SaiTiYlw€r on
<br />tn~n#;lil
<br />inetsllt
<br />:
<br />t
<br />f F
<br />3
<br />If
<br />l
<br />,
<br />ren
<br />s
<br />,
<br />ua
<br />a.
<br />v
<br />xe a;coount, of the funds held lly i,ender shall not he-sufficient io pay
<br />taxes, aase.°,&:;aerrs, ia3Sur&nce g~.~,~,,.~,Q ant{ grouald rents as thcry fall due, fiormwex shall pay to Lender
<br />any am«unt nec~ry tq ma3ce ug tl~ deficiency within tflirty days after notice from ;t.esader to Bon~wer
<br />rerlueatinR Payment thereof, og Brrrod~r slaal}, bv' rn imresse in monthly anetallinents"of Ft,nds required:;
<br />repay the deticiettcy trithin the Fund. acrnunting Peairl.
<br />Upon payment in illtl of all st+ms secured by this ?4lnriga~, Lender shall apply l+und:, held xs a credit
<br />againilt ai! suarlt#;due.
<br />
|