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INnavlDUAt_
<br />Du1= oN sA~~
<br />~' t93rTIC9NAt. 1="UTIiRE ADYAfVCES
<br />q` SAYINGS FUND
<br />~~~~ FaRM ld o. 72a
<br />Loan Number__348n7_-- --188----I---
<br />- TyOC BteeGh
<br />f1(1!2f~~~~
<br />TIiIS Pdf()RTGAGE, made and executed this --------------------.-_Z~... day of ~'~.-~Pmber°-------------•---_- ~,-D•,
<br />18.x$---., between the Mortgagor, ._..-.Aanny-..R,._9:berg.-an-d..Kimberly.5,...Qi~erg.+.-:t}u~bactd..~uSi..W.~.$g,
<br />---~-~~nxfy...az~d..~acta..?n._~h~a-s. o«m-.~-gh.~,- -..........._.........----------- - -•- - --- -- - --- --•- --- --- • ---------------_...
<br />a€ ....GZ•?t#d.. Es~aPd..-......, County o# .....-._#ia12 ..................... Stag of -. Nehraslza -,-----, hereinafter referred
<br />to as the $orrower, and the Mortgagee, FIRST FEDERAL Se1VINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 7235 "N" Street, Lincokn, Nebraska 68502, its suece,9sors and assigns, hereinafter refened ts3
<br />.- as Lender.
<br />WxxxassaTx: That the said Borrower for and in consideration of the sum of ....tiTY-S~.T'.~lY_.-.....-
<br />..._TH~USfSPIR._6All..xWI??~Ta.. AISD- NOI290---------------~-.--.Dollars {US 8-._-2.7,1I7Q..~f)-_--------------)
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />following described property located in the County of _.._.--._Ha1L._..-._._......_...; State of Nebraska:
<br />Lot Seventy-Nina (79), Buenavista Subdivision, an Addition to the City of Grand Island,
<br />fia11 County, Nebraska
<br />Tocsrxaa with all the improvements now or hereafter erected on the property; and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights,. and
<br />water stack, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br />ments and additions thereto, shall be=deemed to be and remain a part of the property covered.: by this
<br />Mortgage; and all of the foregoing, together with said property {or the leasehold estate in the-event this
<br />lVlortgage is on a leasehold) are herein referred to as the "Property".
<br />BGprower covenantsxhat $orrawer is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Fzaperty is cmencumbered, and that. Bor;~wer will
<br />wa*rant and defend generally the title to the Property against all ckaims and demands, subject t~ any
<br />easements and restrictions listed in a schedulsa of exceptions to coverage in any title insurance pokey in-
<br />suring Lender's interest in the Property, or {2) attorney's opinion of title from abstrnct of title certified
<br />by landed abstracter.
<br />Pant=~n~n A ~ ?vavs, and tli~ pre~nts are exesu*gd a^d deivv~re3 upon tl:a following condition:,, agree
<br />menu and obligations of the Borrower, to-~c=it:
<br />The Borrower agrees to pay to the Lender, or order, the principal sum of - . _..Tk~TL2ITY-;sBYE~t..-..._....._
<br />_.-31i411S1i.'$I7._9~i1t..kik7?'If3R£D_AND,-NOf IOC-____.__~___.~.____~'Doltars {US 8.--2Z,.ItIO..QG-------....--.--.-)
<br />payable as pmvicled in a Hate executed and delivered, concurrently herewith, the final payment of principal,
<br />if not ssaaner paid, an the ...._...._Ffrst... day of ...3.azlua_ry._.._. _ .. ..- _ -. ~._.2QQ9
<br />Lf:vi€ras:u CQVF.NANT3. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal said Inisarast Borrower shah promptly pay when due the principak of and in-
<br />terest an the indebtedness evidenced by the Nate, prepayment and late charges as provided in the mate,
<br />and the principal of and interest an any Future Advances secured by this A4ortgage.
<br />2, Funds fsrr Traces smd Jnsursurce. Subject to Lender ~ option under paragraphs ~ and 5 hereof, Bor-
<br />rower shall pay to Lander on the day monthly installments of arineipal and interest are payable under the
<br />I4ote, until the-Note is paid in full, a sum {herein "Funds") equal to one-twelfth of the yearly taxes and
<br />assessments which may attain prian'ty over this ?~~Iortgage, and ground rents on the Property, if any glue
<br />one-twelfth o£ yearly prenvatn installments for hazard insurance, plus one-twelfth of yearly premium in-
<br />stallments for mortgage insurance, if any, -all as m:~sonably estimated initially and from time to urns by
<br />Lender on the basis a# assessments and -bills and reasonable estimates thereof, Lender shalll apply the Funds
<br />to gay said taxes, assessments, insurance premiums and ground rents. Lender shall make no charge-far- so
<br />holding and applying-the Funds or verifying-and compiling said assessments and hills. The Lender shall.
<br />gyve t4 thel3orrower, without charge, an annual accounting of the Funds showing coedits and debits to the _
<br />Funds and the purpose for which each debit to the Funds wee made. The Funds are pledged as additional
<br />s~,s~ty .far the sot ns secu~~d by Chia Ivlsittgage. The 13orrawer agrees that fhe Eurasia may be leeid by the
<br />Lender and commingled wiih other funds and the Lender's own funds and the Lender may pay such items
<br />#rsim, its awn- fu2tds and-the Lender shall-nut liable for interest or dividends on such- Funds:
<br />if the amount of the_Fvnsis'held by Lender, together. with the future monthly installments of Farads
<br />dyable pziar to the dui flags of tries, a~essruenta, insurance premfums -anti-'ground rents; shall exceed
<br />the amount rsgiiired to _pay said .tames, ass~ments, insurance premiums and ~mund rents as they fall -due,
<br />such-exeees shark be, at114*rower's agtion~ etthc~ promptly raid tu= Borzaaer or credited to Borrower on
<br />monthly installments of "Funds, ,If the arrsaunt of tl7e Funds held.liy-Lender shakLnot he sufficient to gay
<br />taxes; assessmi~iits, insurance premiums aced ground-rents ae they Pall due; Borrower shall pay to Lender
<br />any amount necessary tp -make up tfie defteiency within thirty-days after notice from Lender t~ Borrower
<br />requ?sting gp~ayuient thereof, ©r Harrower shall by an increase in monthly installments of Funds required,
<br />repay rife deEciency within tkie Fund accountfng period.
<br />Upon payment in folk of aI1 sums secured by this Mortgage, Lender shall apply Funcis held as a credit
<br />against a!k sums due.
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