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<br />1Pd171ViDUAL
<br />SUE ON SALE
<br />OpTI~lVAL FLJTUF2E ADVANCES
<br />SAVINGS FIPND
<br />FOR(/ Ka. 720
<br />Loan Nurrthsr,3gLt).~.-- -- -..1F3t?`- -----I--
<br />Type 9ranCh
<br />~ ~ ~ ~ ~ ~ ~
<br />ATHIS i'IQRTDAGE, made and executed ibis .....-...... ~1-........- . dey of .... ~~.~......._.. A,D.,
<br />IS-t,~._-„ between-the Mortgagor. _---StapleY..Stioc,~.acid-.Jeannie...Snava-t:usb3nd--and-.wife,.-~-oiatly
<br />and...eath..~,~.~.}?~ir..©wz~.~:iBfit....... _._. - -. ...... .....-----°- _.
<br />o# -~rau~i_._s?enc,_-----.,.., C.aunty of .. .Ha33.. , .. ,State of ...Nebraska ,hereinafter zeferred
<br />to as the Borrower, and the Mortgagee, FIRST FEI7E1;2AL SAVINGS AND LQAN AS;sdCiATIQN OF
<br />* *" ^LP; " 35 "*," Street, r.°nealn, Nebraska frusn#. its s+~ccessors and assigns, hereinafter referred to
<br />,..,dCv , i.~
<br />as Lendsr.
<br />4Vzru~sssxia: That the said Borrower for and in consideration of the su.*n of Fifty-.Seuen.-Thex~sand
<br />oari-.Pial-bCG---------°--==e_~~__-~~~---.----------__°----Dollars (US w--5~-, pOD.._Qtl._....---------- }
<br />paid by said Lender, doss hereby mortgage, gram and convey tII Lender, its successors and. assigns; the
<br />following descebed property located in the County of ....... xa11 .-._....., State of Nebraska:
<br />--__-
<br />Lot Six (6}, in Meadow Lane Third Subdivision in the East Half of the Southeast f}uarter
<br />(~} of Section 26, Township ii Borth, Range 4 4iest of the bth P.M„ Ha1I County,
<br />Ivabraska
<br />Tacr:rxa;x with all the improvements now or hereafter erected an the properly, and all easements,
<br />rights, appurienances, rents, royalti.;s, mineral, alt and gas rights a_nd profits, water, water rights, and
<br />water stack, and all faxturss now or hereafter attached to the Property, all of schielr, including replaee-
<br />anents and additions thereto, shall bexleemed to be and remain a part of tha property covered by this
<br />iv`rortgage; and all of the #oragoang, together with said praper~y (cr the leasehold ~t °te in the event *nis
<br />Mortgage is on a Iea.~ahold} are herein referred to as the "Property".
<br />Borrower cvvei.ants that Borrower is lawftrlIy seised of tbs. estate hereby conveyed and has the right
<br />to mortgage, grant and Convey the .Property, that the Property is unencumbered, and that Borrafver e~~iil
<br />warrani and defsnd generally the title to-the Property against all claims and demands, subject to any
<br />aasecr.'tnta and restrictions listed ara a selasduls of exceptian~ to coverage in any title inserranca policy in-
<br />suring Lender's interest in the Property, or (<^} attorney's opinion of title from abstract of title certified
<br />by bonded abstracter.
<br />Ptzcavrnso AZt'dAVS, and these presents are executed and delivered upon the following conditions, agree-
<br />mcnts and obligations of the Borrower, to-uit:
<br />Ths Borrower agrees to pap to the Lender, or order, the principal sum of .__...pifty..Severt-`Flaortasand
<br />anzt ho-/--tlfl--,....-_._._.______. ___- _~____._..._,_.,_-ol?ars (L'8 ;v....53.,OCf}...(10 ..:............._}
<br />payabla as provaded in a Hate executed and delivered, concurrently herev.-ith, the final payment of principal,
<br />if riot sooner paid, on the .....--...First.------ day of .....-....Decez~ber....-.--.-..-----,1~-.2453:
<br />L?.rtroang Gavsra~~~rs. Borrower and Lendsr covenant and agrea as follows:
<br />i. Payaasrit of Principal cmd interest, Borrower shall promptly pay when due the principal of and in-
<br />ter~t oti the indebtedness evidenced by the Note, prepayment and iota charges as provided in the Note,
<br />"and the principal of and intersst on anti• F,iture Advances secursd by this Rortgage.
<br />2. iuada far Tuxes and Insuresnee. Subject to Lender's option under paragraphs 4 and 5 hereof, $or-
<br />ro:ver shall pay to Lander an tits day mantl;ly installments of principal and interest are payabla under the
<br />Note, until the date s paid in full, a sum (herein "Funds"} aqual to oae-ivs`elfth of the yearly taxes and
<br />assessnxeaats which may attain piiority over this vortgage, coil mound Tents on tlae Property, if any plus
<br />one-twelfth of ysarly premium installments for hazard insurance; plus one-twelfth of yearly premium an-
<br />st.allmsnts far mortgage insurance, i# any, aIT as reasonably estimated initially rind from time to time by
<br />Ixnder on the hagis of assesamen*,s and balls and reasonable estimates therea#, Lender shall apply the Funds
<br />tca pay stud taxos, assessments, insurance pramiums and ground rents. hander shalt make no charge for sa
<br />holding azad applying the Funds or verifying and compiling saiu' assessments and bills. The Lender shall
<br />giva tca -the Borrower, without charge, an annual accounting of the Funds showing credits and debits to the
<br />Funds and. the taurpose for which each debit to tha Funds was neade. 'The Fonds are pledged as additional
<br />secctnty for the-sums secured by this Mortgage. Tfrs Borrower: agrees- that the Funds may hs held by the
<br />Lerrdsr and commingled rvitli other funds and the Lender`s-risen-funds and the Fender inay pay sucTi 'e€enrs
<br />-from ifs u=o-rt funds and- the Lender. shall not ~ liable tot irterest yr divldeni3s art such ~F'unds.
<br />if +he arnaun;` of the Sunda hrrld-lag Lender, together wi4h the futcrz~& motathly instaTunerits- of -Funds
<br />pa. sl;..~ aris;r to Clio Jere dates of t~xoa, s,sarient5, in-strrence pxra*mitaarts and grennd reiifs, shall exceed
<br />L~ runde,rt .~gerrz'ii i pare sad Eisen, as;~senert~, ineurarite pteaduzias<~d gt~ound riots as they-fsii;3ue,
<br />such e3se5s shall he, at $hrrce vet's ~l?fion, either promptly repaid ~.a $arrower or credited- to Borrower on
<br />raionthly znGtallineats of F`iinds. 3f the amount a# the-~'elnds heFd by -Lender shall not be sufRcaant to pay
<br />.taxes, asse5smer#tai irrsurarice pi~ar:iuaus and ground rears ss they fall iliac, Bart+r~wer shall pay to Lender
<br />airy al~satsist necessary to make ug the dedeaeney 'within thing days after-notice frzim Lender to Borrower
<br />requestixtg payment tltareof; or $ormwer shell, hp ari itrcrease in moeithly installments of Fund€ required,
<br />i~pay the defieiancy ivitlran the Fund accountiag period:
<br />tipan paymsnt in full of alT-sums secured by this Mortgage, Lander shall apply Funds held as a credit
<br />against all sums due.
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