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<br />~ aNDIV~DfJAL
<br />D'..'S 3~3 ^,3ALE
<br />~ f1PT1t5NAL ELITUFiE ADVANCES
<br />s~vlNGS FLiND
<br />FoeM No.'fZa -
<br />- - ryoa aroatn
<br />79-~~t~~5 ~GRT'GAGE
<br />'THIS MORTGAGE, made and executed this ._....._-_..?`..__.---- day of .._-----~.r~~:~-.__._.. A.D.,
<br />i$..~~._, between the Mortgagor, ....YTilldam..Hauschil.d..ahd_.I}awn...G~..Flauschf.l,d,_liusband._aztci.-.-...
<br />~ri£g.>-.,~sziat:7.y..amd..each..~n.--bheix:._tzwn.--~a,~Itt,..-- ---- ------------- - ---- - --- ..----------_....._----- -------------•-
<br />af .._..Gai~'o._.._ .................. County af _...-__lIa7,J:.-...---...-.......-, State of ...Zbraska......., hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AI'vrD LOAN ASSQCIt`tTION OF
<br />i I INCC}I.N, 1235 "N" Street, Linrnln, Nebraska- 68501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />~Vi3'x~ssErx: That the said Borrower for andrn consideration of the sum of -.T$IfI,~Y-BZY-~....._..-----
<br />_'I~'IiQUSAI'ld?.-141113..illlNl.?R1D--FIFTY__ArYD_101!1Qfl----.------.°---~?bllars (US 5..3.b 459,.QQ.-------------°---)
<br />paid by said Lender, does hereby mortgage, grant and convey to bender, its successors and assigns; the
<br />following described property located in the County of -------..Hall..----------------------- State of l'deb*aska:
<br />lut One (i} Weber Subdivision, in Cairo, Hall County, ATebraska
<br />TocaTHas with all the improvements new ar hereafter erected an the property,. and aIl easements,
<br />rigyhts, appurtenances, rents, ropal`ies, mineral, ail. and gas rights and profits, water, water rights, and
<br />wat4*- stock, and-all fixttu now or hereafter attached to Lhe pra~rty, all of which, including rbptaca-
<br />rnents and addiiioxis thereto, shall lie-deemed to be and remain a part of the property covered by this
<br />f,~lartgage; and all of-the faregoiag, together- with- property far the leasehold estate sn tI!s event t?+=s
<br />Mortgage is on s leasehold) are herein referred to as the "Property "•
<br />Borrower rnvenants -that Borrower is lawfully seised of the estate hereby conveyed and has the- right
<br />to mortgage, grant and Canvey the Property, that the Property is unencumbered, and that Harrower will
<br />vrarrant -and defend generally the title to the Property against -all claims sad demands, subject to any
<br />easements and restrictions listed. in a schedule of exceptions to rnverage in any title insurance policy in-
<br />suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br />by F~~ded aug4ra~zer.
<br />PaovtuEU Ar.waxs, and these presents are executed and delivered upon the fallowing conditions, agree-
<br />zngnts and abligatians of the Harrower, to-wit:
<br />The ~'-~'sver ~°=•eos to pay to thv Ind<r, ar order, the principai sum of -TcTk-~..aFiOifSe~YI1.....
<br />FOtIB...HB~i..£IFTY..B2+Hk.-N41.14D----_~----------------Dollars tT-'S ~.--36,4St?.-QO...----.-..._---•)
<br />payable as pravide<I in a note eae^uted and delivered, concurrently herev,•ith, the final payment of principal,
<br />rf not sooner paid, an the .._IrirsL..-...----. day of __!xarcb.--------.---...------------., YS~..2Q49
<br />UNLFOBK Coo€xA:a'rs. Harrower and I_~ender covenant and agree as follows:
<br />1, Payment o! Primxapal rrnd Ia3erasL Harrower shall promptly pay when due the pxincipal of and in-
<br />ten~st on the indebtedness evidenced by the '.Vote, prepayanent and late charges as provided in the Note,
<br />and the principal of and interest on. any Future Advances securztl by this Mortgage.
<br />2. Funds fox Taxes sad Irssuraacr~. Subject to Lender's option. under paragraphs ~ and 5 hereof, $or-
<br />rawer shalt. pay- to Lender an the day monthly installments of principal and interest are: payable under the
<br />Note until the Note is paid in fuII, a sum (herein "Funds"} equal to one-twelfth of the yearlp taxes and
<br />assessments which-may attain priority zs~ this i~fort¢age, and gmtmd rants on the Px{aperty, if sap pltcs
<br />one-tiwelftti of yearly premium mstaltments for hazard insurance, plus one-twelfth of yearly pran~~r.ut-
<br />staltmerits far mortgage insurance, if say, -all as r~.:rsonablp estimated- initially- sad- from tinge to time by
<br />Lender on the basis of assesartients artd bills ffnd reasonalale estimates, thereof,-Lender shall apply-the Fuadg
<br />pz=r. a~ud"~~o`, asseasrnertt~; ~ premiums and gmuxid rants. Lender sl~.an make as charge f`or scS
<br />holding and applying :the Funds or verifyizcg sad- compiling -said assessments and bills: The Lender shall.
<br />g• e ;~; the mower, `azltlxout charge, affi anmisi accounting itf the Funds showing er'edits and debits ~-the. .
<br />Funds arsd the puzposc~ firr which each debit to the meads was made. The Ponds are pfedged' xis additional
<br />syirtty far the auras secured Ttiy -this Mortgage. 'The, ;3orrow~ agrees-that the Funds may he hetd by the
<br />t.Cn~ler nn~ c~,,rs_.,~~led wrt~i otter fuada-at]u tl~ ~Lender*s ir~i Rinds and--the I~nder may pay such. items
<br />from its oan funds and the fender alial3 not be liable far interest dividends vn such Funds-
<br />If the anwunt of the Funds held by bender, together with the Mature monthly installrneit~. of Funds
<br />pavab}e p yr to the due datee of trtaes, a~sgrnents insurance premiums and ground rents;, Sha3I exceed
<br />sue a.~aunt. renuired rn ((~~v said t-axes, assea~marts, i„z;z_ance prrtniuieis and ground rents as they felt-due;
<br />such eac~ shat ~, at Farttrtver's option, either prompt}y repaid to I3vrrawer ur.eredited to Borrower on
<br />month}}~ instailntentq of Funds. If the amount of the Funds held by Lender shall not be sufficient ta_pay
<br />taxes,. assessments, inserance premiums anc~ p*otutd rent<, as they fall-due;. BarrctweP sfaall pay tti Lender
<br />any atiaquai necessary ~ n>a~e t1p the de$eiency within thirty days_after rmtice from Lender to`Brerawer
<br />requ~,.ing payment- ther~~af, or Burrower shad, •by an increase iri nnonthly installments of Funds required,
<br />repay :the df:ftcsenc~• u-itlsirr'the Fund accounting. period....
<br />tTprm pn~'ruent it full of all sums =,'eur¢t; hY Lhis Mortgage, Lender sllaIl apply Fltnds-held as a credit
<br />agafn;;t;all Burns--due.
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