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<br />DtJE ON SALE'
<br />+CsPTICNAt,: Ft1TtJRE A©\IAidCE,3'
<br />53P;VMtVGS FUl'dd
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<br />loan Number., 39~Z9____':_3$8__~__I__
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<br />of ....GtaASI ..~s7.amd........., C©unty 6f ..-....Ra11 ........ ......... State Di ..Atebraska _- _., hereayafter ineferrad I
<br />to as the BoxrOtver acid the Mortgagee, 'FIRST` k`EDERAL SAtrINGS AND LOAN A'?~St)f~IA2>IDN OF
<br />LIRICOLN, 135 " ld>' Street, Lincoln, Pdebraska 68541, its successors and assigns, hereinafter zefexred to -
<br />as i,erta'er.
<br />
<br />1v'i~rxssssrx: What the said Borrower. for and in consideration of the sum -af .z7iIR7fY.:.EQITIf ------.
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<br />Paid'by said Lender, diics herettp mortgage, great and convey t4 Lender;- its successors and as~gns,- the
<br />fOllovs<irg deacxibed pzopertyl0cated in the County of --_......_lial.k ....... . ..... ....._., utafix of Nabratdtae
<br />
<br />Bast 23' trf Lot Pive (5) aa3 the West 36-feet of Lot Sis (b) Block 51x (6}.
<br />ldesterho£f's First 5nhdivision to-the City of Grand Isiatid, Ha33 Couaty
<br />lIebraska
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<br />?eztass-.with sll` the improvements now or hereafter erected Da the property, and all easements,
<br />- rights; apptnrterisuees, rents, *ityalties, mineral, ot1 and gas rights -and profits,- water; water rig)itss arcYd
<br />_ water;stoe&, and all fixtures now ar ltpreafter attached to the--property,-all of which, incladhtg-repI~- i
<br />inents -and additions-theretEt, shall be-deemed to -~ and ri»r+u'xn apart of the property cOVed bq tiers
<br />Atlortgage, and sll of fie fna~going, together midi-said p=ogerty (or the leasehold-estate in the eves this
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<br />- - 3'YiVrigzr~'e ;i~=iii1 a ieaSe~hoid) ~$P@~i1eS~irt ~Cit3r~u' S0 an ~`=nC "rF'Yf7j~, t~a-tv,: - - -. _ - _ -
<br />EoraowEr c0venaats that Borrowez is lawfully seised of tote estate hereby eonv~red and has the right '~~~-
<br />to, p~xfgagnt grant and eaavey the Prppezty, -that the Property is =>xiencumhered, aad tktat _~rro&er w311
<br />-grant and defend :generally the title to the. Pr,~rty agair~t all claitus -and demands; :sablect to any
<br />easements and restrietions.listed is a schedule Of esceptioas to co;*erage-in-any. title nsurancg policy-in-
<br />
<br />- perry; or~-(~)--attDrffey's DPiaiDn:Df~title-from 9:bstract of--tits D~ -.
<br />smi°=g Lender's itt#.ereat ir, zhe-Pre
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<br />liy bonded abstracter,
<br />PH~SiIDEt# Ar;WAVS, and th+ess presents Sze executed and delivered upDn :the follDwittg rxtaditi0ns,agree-
<br />meats and obligatiiins of the-Borrower, to-wit:
<br />T7te 8ormwer agrees tD psy tD the Leader, or order; the principal sum: Of ...3~IL13,T3C--L~f3I7R-:-- - -..._
<br />.::~:,.giG_.1.AtlSt._l%CE/1SlQ--:-----------:.-----.--Dollars (IIS $...34;f#:tli'1.43J!':.--- -~----)
<br />Payshie as-Provided in a hole esecutQd and delivered; coaeurrentlpherervith, the fuial pa~~ruent"uf priFiii~ipal, y
<br />if riot stoner-paid, Dn-the First ............. day Of .....i~ecetgber... ,-.-,-,7
<br />[lrtt~tixat Gob~:xx2~s. Borrower and Lender covenant and agree as follows:
<br />?:. P ~~-.;: of Prr.3 ~ ::::es°» l3orro~er shall promptly Pay when due the principal of and. in-
<br />tercel ~~n the indebtedness evidenced by the Note, Prepayment -and late charges as provided- in the Hoke,
<br />and the principal of and interest on any Future Advances secured by this ?viortgage
<br />2 Funds:far Tutees and fasv~arece. Sttbjex:t to Lender's option-under parsgrsPhs 4-and 5 hereof, Bor-
<br />row'cr ~ha71 g#ry to Leiider ort file -day monthly instalimen#s of prineipalaad interest ara:gayable under rile s
<br />'dote, r.ntil the ?~IDte is paid in hill., a stun {herein "Panda") equal .to one-twelfth Df the }+ea:Is' taxes acid
<br />- aE3f?sSI-ien3 tS11lC.t1 may:attairt priori; ~OYet' fills 141Drtgage,.-and ground rents an,the Property. if any pits.
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<br />or hsuazd insurance, Plus one
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<br />gtflllmE:ntn far mnrtg.~f>a 4titranrw ii ~~ p2~ nc.~aggr}g~tsv~ ss~ti2yf&te[~ trLtti9.tl}' and frOr71 tlmC t0 t1II1B 13y
<br />Lender an the bn3i_s of a+samants and btl~.s and reasonable esfimat~ thereof, Lander sliali apply the Funds
<br />~ ~ _1..~--~ fm- ,~
<br />E~ pay aa3tx ises; assessaierets, ~;ts~~arice premiunv and gr~t?nd-real. Len:;er si--a=dz ram..: E~
<br />Fmld:ng and applying the Funds Dr vezify-tng and compiling .raid a~essments and b;iis. The Leader shall
<br />gzve io the r'iurmwer, xzihoet charge, an annual accounting Df the Fund.. shDwing credits and delnts to the
<br />'~:::~ds .u' the Y,;,, Faso fr, nuieu d5~.'rt debit try #dte Funds ct-as r,ta~ie, i`lta :Funds are pledged ae addltiisaal
<br />ztty for the sums sec u:-red by thin Mottgage. The Sarmwer agrees that the Funds say be held by #tte
<br />Lander and e-Dmminglet: with other funds and tl±~ bender's o3an funds and the L.eSder may pay such terOs
<br />frDra its nM1 ftdt?~18. ~nrj tl'_~°- j6m~r er c}rgll ant,. hat;abl° for :nt^r~t DS dividends O*_i E11Clt Fnstd_=_ - _
<br />- l'f tl3e a}314`3nt of tli@ l''V*J'd4 held by.LEUtI(7r, t6get12ErWkth tne.~fut'.rre monthly Installments-6f l4dlnd8. -
<br />~;yalla pFiar to the due dates of ta>;es, aaseasinents, Insurance premfuma and ground rents, shall exceed
<br />the arnotmt *aquired to pay. asid texas, as®essnxrl#s, inaurance pretnlums and ground renEs as ti[ey falliltfe,
<br />each excess _shall be, at $DrrDa+er's Optiuit, either prOmt7tly repaid. to FSOrrnwer or credited tD lamer on
<br />monthly itlstsllmeats of Funds. If lire ealolrrst of L1=e l•'urds hed by l~ertdez aT:all trot be sufficient to pap
<br />faxes, as •-:~++,ants, insurance ~nremlums and gtrnlnd rents as they fall due, _RauDwes aball pay to Lender
<br />any anount nei•exsanrv tD Insake up the deGcieney within thirty days after Ix#rtice froth-Lander to Borrowe!
<br />requesting payment tht raDf, or B~rrowrs shad;. by an increase in monthly instotllmenks of ~L`a:nds required,
<br />repay tire- deflsiency within the Fund accounting perdarj,
<br />Upon payment in. full of nil sums securea by this Atiottgage, Lender shall-apply Funds held as a credit
<br />against all sutras due.
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