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1NOrv-DUaL
<br />crux o~ snt.~
<br />QP'"TtOtVRt i'LJTUf2B ADVANCB.S
<br />8I1'VINC3^~ tRlND
<br />Foe-~ No.7m
<br />Loan Nuraber_ 34Q41 _-- _ 88 _ I __-
<br />ir.. tr.,,ca
<br />"CORRECTIVE I~tL1RTGAGE"
<br />79-UU0~16 N4©RTGAGE
<br />'THIS MORTGAGE, made end e><eroted this _7 ... day of ~ A.D.,
<br />19.. ~..., between the Martga ~, Larry Ii. Irish and_ Dixie L.. Irish,. 6wpaq. ,anal. Xf.fe........
<br />jointly sad ea in their own rig.'it,
<br />of _._._Grand Island .County of Rall... ,State of Rehraaka hereinafter rid
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAS INGS ANL~ LOAN A.'3.40CIATION OF
<br />LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors sad a~+IRw, hereinafter referred fo
<br />as Lender.
<br />Wr'r~-assare: That the said Borrower for and in aerridenct5on of the sum of TBIR7'Y (flE TBOiJSAffD
<br />SEYSN.HQ1Ai8D,_AND.KO(100-----.-..---.------~---r.-•-----dollars IUS: 31.IOD.00._... _ )
<br />paid by said Ler:der, does herby mortgage, grant and a t9 Lsrader. its aucoeatoes arul assigOa; the
<br />daacribed property bested in the County of _ .-_ --1 -_-- .- ._-- -- ---.., grata of Nebrarka:
<br />Lot Iisht (8). Block Ten (10), Joahack'a Additloa to the City
<br />of Grand Ialaad. hall County. tiabraaka.
<br />"'lltia aortgage is gi~rsn to corset a atortsaaa dated July 26. 1977 and ramtdad
<br />r Iaatrraasat No. 77-0042Y3 of the rae.orda of Ball County, tiebraaka."
<br />Toresrtsa with aU the improvee~ts now or bsraafter seectsd on the property, and a0 earsprsnhi,
<br />hrs. Itppaetenaaess, cants, royalties, m®eral, oB and fOn ruts and pa~tr, avatar. wabr ef~Os, sad
<br />avatar absek. aed aU ~tsaes raw or bareaft~ attached m tLe property, all of which, iecladimB asolaor
<br />sswta and additiasti ihsreto. shall be deemed m bs and ruin a part of the psopstty award ify this
<br />1llortp~ sad all of the foregoing, together with said property (or the leaeeIiold estate in the event t~
<br />Mortpp i. oe a leasehold) are herein referred m as the "Property".
<br />Hareuwer covenants drat Borsmrer is law[nllq sweet of the estate hereby conveyed sad hu the riBlet
<br />W mott3age, grant and convey the Property, that the Peapsrty is unencumbered, sad that $oreower will
<br />warrant and defend generally the title to the Property against ail clsims and desrisrrds, enbject m say
<br />ar+d r listed m a achedele of a;tea to c~raga is :ny title ~r:noe pcrlic~r ira-
<br />Lend~'r intoreat im th:r Property, or (Y1 Attatnep'a opiniari of title from rbetract of title errti~ed
<br />h! hs©dsd ah~ractsr.
<br />Fxnvtpen Ai.w,tx~, and thew pr'xrtta are etecuted and delivcrec3 upon the foilaul~ eoadif~ns, sfrec-
<br />eterita end otstigetiona of the borrower. twit:
<br />The Horrower tg pay to t~ Leader, or order, the principal sum of 1~I-iTX.-4lIE..TBOftSBBSI,... .
<br />..... 6iiD >40L1DQ.. -^-.-----Ljollars (UJ i...._31.~Q.OQt. -- -- - - )
<br />PaY~ ra pra~'idsd is a note sectored and deUvered, c~rcurr~rntly herrti+ith, the final payment of psincipal,
<br />if sot ssoarx psis, ar the - .first... - day of .. Ausrrat. lilt. 2(106.
<br />Ureroast Covsrra[rre. Borrower and Leader crovenaat and agree to follows:
<br />1. Ya7srsnt at Fdr-cipal sad hMrest. Borrower shall promptly pay when due the priaci of and ia-
<br />tmast oa tfie indebtedness evideseed by the Note. prepayment and late charges m peovldrd in the Note,
<br />and the pririapel of end interest on any Future Advances secured by this Mortgage.
<br />2 Foods for Tams and Lrsurmwe. Subject to Lender'v option under paraRnphK a and 5 hereof, llor-
<br />rowet shall pay to bender on the day monthly installments of principal and interert are payable under the
<br />Note, until the Note is paid in furl, a sum therein "Fonda") egwl to nne-twelfth of the yeartj tastes and
<br />nesrtei rich may attain pricuft aver this Mortgage, and ground rents on the Property, U spy pis
<br />artsttret€tIi .~ ~i p>arwAirrl>3 arrests for iasar+d , csaa-Rws1Bl- at , ~
<br />Npiyini~;~~~~ inwlerrt~, f! aS as rraaeeafl~ r~ydl3al~ a»d faraur~ is iiipa
<br />Last sa `thi r afaa~e~ls and htl9r sad tra:amabta ast8~wttas tb>neM. Larder s1p~1 tt~
<br />~ ~ talla~ iuirs anti rr~r. Lmtder shaII nraks zb ~ sci
<br />hold~g a»~-t.4 the Eu~ er ~ and cony said awsesmentA sad bills. The -shall
<br />to tiDrf`$srre!w1rt, witysat . as a~uai acae-n a; the Fiusds ake-warg credits arm debits ~ the
<br />std ttie l fee rdrie~ aa~ dsl~t tD the F1nr$r was aaads. Ths Fonda are piad=ad at additiaoal
<br />at-cuy !or fire mesa - . Tye ~ tyat rye FrmrM may bs lesid t6s
<br />~~ ~~ iyft atre~ sad ~- itwaAa wrreh i0aaoas
<br />ffldii ;alt tt~ tunr~e +ted rye sod ye 8~gyt ar ids op su~~
<br />~~lt>ia ~-~ ~ Ixiy fir, ; >t~ ~ ~rnr matatft(jr in>ts~naits of Fande
<br />~ , . ~ty~ ~ll +ad tlq~1~ ~ ~er~Mls ~ ~[ema~d rangy. ehdl ezceed
<br />aataupt ~ rs3d ~ ~;tf pla~mrs sad tf~ rents as they fall due,
<br />srada a~sss be, at~aenur`s sif~liric to Botro+rm or crodited to Borrower on
<br />msnt~y " is of Ftr~ir. Tf ~atat~tt 6~f1~~ by Lender shall trot be sufficient to pay
<br />tauee, ~. Ilrsture~:pre ~d r tirrq fa'I due. fdorrewee ~tiall pay to Lender
<br />arty amount- pet~esry to raalte ~w testy days after is+om Leader !.o Borrower
<br />roPaR~ „fit ~ awerthiy installments of Funds required.
<br />upon payment in ~~ll of all cones secured by Lhis Mortgage, Lender shall apph~ Fundn held as a credit
<br />against sIi soma due.
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