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~Ry ~L E~AL INDIVIDUAL ~ DUE ON SALE OPTIONAL FUTUF2E ADVANCES SAVINGS 1't.iND ~~ FORM 1'(0.726 tsar, Nu~nber___394Q5 ___ __188.__ .__1 _. r,,~,a B.nncn 1FIIS ?LRORTGAGE, made and executed this wth day of lanuar;r-- ---_ ._ .. A.I3., 19....7x.., between the l~iortgagar, ..f3ussell- D. 1`Sonie, Jr. and Dianna- L.- -Moztie.,--husband .and... -_~*3.fe,...~ain.tl.y..and-.each_in..khei.r -oWn_riF~t, - -------. ---_ -- of -Grand_zsland----- -------- County of .- .. Ball -- ,State of Yebras'sa --- -, hereinafter referred to as the Borrower, and the 3'fartgagee, F1126T FF.DN;RAL SA~'IN(;5 AND LOAN ASSOCIATION OF LINCOLN, 1`235 "N" Stree#, Lincoln, Nehnska $.R5(~7. it.~ successors and assigns, hereinafter referred to as Lender. R'iT>tiESSSrx: That the said Borrower far and in consideration of the sum of ..FOATI.-ESGHT ..... - .. TIIQAS.9I~TD..S~~I~...HUNDREA.-:!?~?E:1TY..AI~tD yQ/ 1QQ---------.--Dot.ars (L1S 3-.48,724..Q4 ............ ......) paid by said Lender, does hereby martgaxe, grant and rom°ev to Lender, its successors and assigns: the following described property heated in the County of -- --- .--Hall----- - - ------------- State of Nebraska: lot Fifteen (i71 in Raver.~dood Subdivis;6n, beir~ a part of the South H~91T' aP the Southeast Qt:a rter (S~ Lu) et Scotian 13, Takms'rip ll I7orth, ??ante 9 `nest a£ the 6th ~.:•i., Hall;bunty, idebraska. Tacerxaa with all the improvements Haw or hereafter erected on the property, and all easements, rights, appurtenances, rnnts, royalties, mineral. oil and gas rights and profits, water, water rights, and water stcn^k, and ail fixtures now or hereafter attached to the property, all of which, including replace- ments and additions thereto, shall be-deemed to be and remain a part of the property covered by this NloYgage; and all of the foregoing, together with said gropert~r (or the leasehold estate in the even+_ this Mortgage is on a leasehold] are herein referred to as the `'Propertc". Borrower cvvenants that Borrower is lawfully seised at the estate hereby co ,vexed and has the *~#ht A mortgage, grant sari convey the Property, that the Property i= unencumbered, and that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in- suring Lender's interest in the Propertc, of t'? attorney's opinion of title from abstract of title certified by bonded abstracter. PROVIDE:D AtwAYS, and these presents are executed and delivered upon the following conditions, agree- ments and vbligatians of the Harrower, to-wit: The $arraw-er agrees to pay to the Lender, or ardor, the principal sum of ...FOB>;Y-EIGHT. THt)USADIII $c,ViN..HUDTDRED T~tENTY AND NO/100--------------------Dollars (US x..48,?20...00..-_------------.? payable as pravicled in a Hate executed and dehL•e°ed, concurrently here.vith, the final payment of principak. if Hat loaner paid, on the . -- .-.--- ...? S.t day of -- .. .J~^.-?.i2r;- --, ---- ---.., lax. 2QO9 U*s~ec~xnt Cavex,~rTS- Borrower and Lender covenant and agree as foIlov.~s I. Payment of Principal and interest. Borrower shall promptly pay when due the principal of and in- terest on the indebtedness evidenced by the Vote, prepa}-meat and late charges a, provided in the Note, and tkae principal of and interest on any Future Advance:: secured by ihivc ?\Iartgage. 2. F4ndr far 'Taxes and lnsurmzce. Subje: t to Lender's option under paragraphs 4 artd 5 hereof, Bor- rower shall pay to Lender an the day rnonthk}• installments of principal and interest are payable under the ivTOte, until the Note is paid in folk, a sum therein "Funds") equal to one-twelfth of the yearly faces and a~;e~.sments wfiich may attain prierit aver t'ris ILtortgage, and ground rents arc the Property, if any plus one-tL;•elfth of yearly premium i,-istallrents for hazard insurance, plus one-twelfth of yearly prcmiu_m in- stallments far mortgage insurance, if any, all as reasonably estimated itutial..h' and fram time to time by Lender on the basis of assessments and bills and reasonable estimates thereof, Lender shall apply the Funds to pay said taxes, assessments, insurance premiums and ground rents. Lender shall make no charge for sa holding sad applying the Funds 6r verifying and cor=?piling said assessments and h11s. The Lender shall give to the Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by this Mortgage. The Borrower agrees that the Funds may be held by the Lender and c-0mmingled w-iih other funds xnd the Lender's own funds and the Lender may pay such items from its own funds and the Lender shall not be liable for interest or dividends an such Funds. If the a*nount: of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, sases,5ments, insurance premiums and ground rents as they faIl due, such excess shall be, at Banower's option, either promptly repaid to Harrower or credited to Borrower on monthky installments of Funds. If the amount of the F'lmds held by Lender shall not. be sufficient tq pay taxes, assessments, insurance premiums and ground-rents as they fall due, Borrower shall pay to Lender any amount necessary to make up the deficiency withitt thizty days after notice from Lender to Borrower requesting payment thereof, or Borrower shall, ~hy ari increase in monthly installments of Funds required, repay the deficiency within the Fund accounting period. Upon payment in fuki of all sums secured by this Mortgage, Lender shad apply Funds held as a credit against all sums due.