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fNDlwlc-vA~
<br />Dt3E t?N SALE
<br />QP'Ff{aNAL Fll7URE !ADVANCES
<br />SAVINGS FClND
<br />`~ ~oRrts No. Tao
<br />Loan Number--_4QQ.~~__ __1$$_~_-t.__
<br />- - Type ~+sach
<br />~~~1~~ ~-
<br />
<br />al:-IfR ~i€)It~`GAGE, made and executed this ------------------------°~.~J. day of .~-~.'.~rx'?----.---.: A.t3.,
<br />29..x'; between the A~tortgagor, _.A~z~..Aareal..2tatrk..2nd..Yad.2,na_~I.~~n.~..IiaukF...husba~sl,.-a~sl.........,.
<br />-----.~ri~i~,.--3ainl;3~y-.and_-~ach._in.atJzei~x-..o~m_z.~.8bti,....---...--------------...----~ .............. ..........-..---°--.........
<br />of ..-GXaitd...Aslaxtd.-..-...--> County of ...._I#~3,7... ...................... State of ..f?ektt'~~Ica---...._> hereinafter referred
<br />to ms the Borrower, and- the l'vfortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />I.INCOf.,'V, 2235 "N" Street, Lincoln, Nebraskm 6$501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />~sz::a•rx: That the said B.,rrower far and in consideration of the sum ^; F~umv-~IIR
<br />......7[~3QEI~A~if}_SAXk-iJ?.R16P.~l:~dt2_Na1~Q.4-------°.-----.----~--Dol:ars {US ~...4.4.f~0,.QA---------.--------}
<br />paid by said Lender, .does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />fc~llos~7ng described property located in the County of __.-.---.--Halj_------.---•-------, State of Nebraska:
<br />fot Twenty-eight {28), wolfe`s Subdivisian in the City of Grand Zsland, Hall County,
<br />tlebraska
<br />TOGETKEE with all the improvements now or hereafter emoted on t-he property, and all easements4,
<br />rights, appwtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />water stock, and all fixtums now or hezeafter attached to the property, all of wlueh, including mglace-
<br />ments and additions thereto, shall be deemed to be and remain a part of the property covered by this
<br />2vlortgage; and alt of the. foregoing, together with said property (or u'3e letsehaId estmte in the event this
<br />i~fortgage is on a leasehold} are ikerein referred to as the "Property".
<br />Borrower covenants that $anaFVer is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that fiarrpe~-er will
<br />warrant and defend generally the title to the Property against all claims and demands, subject tv any
<br />easements and restrictions listed in a schedule of exceptions to coverage in any title insurance Pa~'Y irt-
<br />sureng fender's int-crest in the Property, or {2) attorney's opinion of title fmm abstract of title ce~Ified
<br />by bonded abstracter.
<br />Paovic~u Arwnss, and these presents are executed and delivered upon the foIlowing conditions, agree-
<br />monts and obligations of the asorrower, to-a-ii:
<br />?'he Borro?a-er agrees to pay to the Lander, ar order, the principal sum- of --- Ft}RTY-FOUR..THOIISA~TD--
<br />..-.-.SAX..k1li~I?~I2..ANA?.~?t?11aa---'---~'--~---.--.---------Dollars (l7S$..4.4.,-4QA...Qfl.......-------....}
<br />payable as provided in a note executed and delivered, concurrently herewith, the final paSmaent. of principal,
<br />if not loaner paid, on the ..-Eire-t--.._.._..-. day of ...3anuazy......._..----.---.-:----, ~c-.2t3Q9
<br />LiwzFOSe:~ CovExnr;rs. Borrower and bender covenant and agree as follows:
<br />2. Faymenf of Principal sad fateresL $orrower shall promptly pay when due the principal of and- in-
<br />terest on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note,
<br />and the principal of and interest en any Future Advances secured liy this l4'Iortgage.
<br />2, Funds #ar Taxes sad Insi:iauee. Subject to Lender's option under paragraphs #-and 5 hereo#: Bar-
<br />rower shall gay to Lander tia t#se-day monthly installments of principal and interest are payable undex the
<br />Note, until the l~lote is paid in -full, a sum (herein "Funds"} equal to one-twelfth of -the yearly taxes and
<br />assessmen~ which may attaua grs`ority over this lvfortgaga, and ground rents an the Property, if any-plus
<br />nne-twelfth a# yearly premium installments- for hazard insurance, plus one-twelfth of yearly premium m-
<br />stuflments for mortgage insurance, ii any, all as remsonab'ty estimated initially and from time to time by
<br />Z.enrler on-the basis o€ assessaieirts and bills and masanahfe estimates thereof, finder snail apply the I~`unds
<br />to pays-said taxes, assessments, insurance prP.miums and ggrroaund rents. Lender shat!- make no charge for sa
<br />holding and applying the Funds-ar verifying and comgzling said assessments and bills: The Lender shad-
<br />gt~ .~ the ;>,arrifwer, without cha_*ge, ari annual accounting a# the Funds shawing credit, and debits to the
<br />Fundaa€id the purpose for which each debit to the Funds was made. -The Funds are pledged as addituinal
<br />security fcir the su,nps secured by this Mortgage, The Borroweragrees that ttie Funds may fee held by-the
<br />f,~r.,~le and ogled with otlser funds -nfid the Lender's awn funds and the Lender may-pay-such items
<br />Loin its own #ciiads and the Lender shall mot be Iiable,for interest or dividends on such Funds...
<br />i# the amoiizxt of the Fv«d:, heid,by Lender,-together with the. #uture monthly installments of Funds
<br />pA!ral3le prior to th8 due dam of taxes, assessments, insurance premmms and gxaunii: tents, shall exceed
<br />the aisiount id7red to _p~y said taxes, a::aessmen#~, insurance pretriiuTiis and-~+round rents as they-fats-due,
<br />such excess shall be, at i~3arrrr~er's option, either promptly d:iao Borrower or credited to $orrower on
<br />monthly instal#tnents of funds. If i.he ainaunt gf-the Fnmd~ld by Lender snail. not be sufficient to Pay
<br />taxes; assessarienta, insurance nrtmiuuG and ground rents as: they fmli di_*e, i3orrower shall pay to Lender
<br />. any amount necessary to malr: up the deficiency ri!ithin tlfjrty daps aftsrriotiee #mm Lender to Borrower
<br />requesting paynierit thereof, or Borrower shall, b'.l ~ increase in monthly installments of Furds required,
<br />- ropey the deficseney within the Fund aceGUn#ing ,perii}i.
<br />Lipon payment in full of all sums- secured t>y this Mortgmge, Lender shall apply Funds held as a credit
<br />against all sums-due.
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