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<br />79-® t)U1~~~
<br />INDIVIDUAL
<br />DUE ON SALE
<br />OPTIONAL FUTURE ADVANCES
<br />SAVINGS FUND
<br />Fokte No. 720
<br />loan Number___40567__~_188__`_i___
<br />Type Branch
<br />MC~R7'GAGE
<br />THIS MORTGAGE, made and executed this -......../><...-_...------.. day of ..-.-~~°`'`..~i.....-.--._..--._. A.D.,
<br />19..-~.~.-, between the 1Vlo,tgagor, ...Ho~TA~d...?i,..H~g-Sett.-gpd-.DeAnn--L,..Hassett,.-husband..and-wif-g,
<br />.-1Q~mtl.y..~ztd..ea~h.._L.u.-trhei~t-.-.xz~k~t~ ........ ......... ......_. ..... ...- - -----.. .__- - -----------
<br />of ......rrx'.and-.I-eland...,,,,., County of .........Hail-_-.--_.-.._.-, State of -._.-Nebraska----, hereinafter referred
<br />to as the BorroRer, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 1235 "1~T" Street, Lutcoln, Nebraska 68b01, its successors and assigns, hereinafter referred to
<br />` as Lender.
<br />WrrxESSerH: That the said Harrower for and in consideration of the sum of .,...FORTY TWO THOUSAND
<br />-----------------------
<br />AND NO/100 ------------------------------------- Dollars (US $. 42 000.00 )
<br />__- --- ._..........___--- --....._ - ..__......_-.....-..._........ - ... ..........----- z......- ----_.-...........-...
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />fallowing described property located in the County of ...............Hall- ._...-...-_..--_-, State of Nebraska:
<br />Lot Ei~t (8}, Wes+.woad Perk Subdivision, Ha21 County, Nebraska.
<br />Toas~r;isa with ail the improvements new or hereaf'er erected an the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits; water, water rights, A~~
<br />water stock, 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 ptoperty covered by this
<br />Mortgage; and all of the foregoing, together with said groperty {or the leasehold estate in the event this
<br />mortgage is on a leasehold) are herein referred to as the "Property".
<br />Borrower covenants that Harrower is lawfully seised of the estate hereby conveyed and has the right
<br />tot mortgage, grant a.Rd convey the Property, that the Property is unencumbered, and that Borrower will
<br />warrant and defend generally the title to the Property against all claims and den-,ands, subject to any
<br />easements and restrictions listed in a schedule of exceptions to coverage 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 bonded abstracter.
<br />Psovioso ALWAYS, and these presents are executed and delivered upon the following conditions, agree-
<br />ments and obligations of the Borrower, to-wit:
<br />The Borrower agrees to pay to the Lender, or order, the principal sun-, of . FORTY TWO THOUSAND
<br />-.~NR.-I?Qf.~44. ---.----------.------------------°^-------..Dollars (US $.-42r000.00- -- -- - -- )
<br />payable as provided in a note executed and delivered, concurrently herewith, the final payanent of principal,
<br />if not sooner paid, on the -....Pirst_,-__--_ day of .---.... September------------------ 17$2009
<br />IJNIFOE3f COVEN4I3T3. Borrower and Lender covenant and agrte as follows:
<br />1. Payment of Princilxil sad interest Borrower 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 on any Future Advances secured by this Mortgage.
<br />Z. Funds foe Taxes and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor-
<br />rower shall pay to Lender on the day monthh installments of principal and interest are payable under the
<br />Note, until the Note is paid in fuIl, a sum {herein "Funds") equal to one-tv:elfth of the yearly taxes and
<br />agsessmea#s which may attain griority over this Mortgage, and ground rents on the Property, if any plus
<br />one-twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br />stallments for mortgage insurance, if and, all as reasonably estimated initially and from tune to time by
<br />Lender an the basis of assessments and bills and reasonable estimates thereof, Lender shall apply the Funds
<br />to pay said taxes, assessments, insurance premiums and ground rents. Lender shall make no charge for so
<br />holding and applying the Funds or verifying and compiling said assessments and bills. The Lender shall
<br />give to the Borrower, without charge, an annual accounting of the Funds showing credits and debits to the
<br />Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br />security for the sums secured by this Mortgage. The Borrower agrees that the Funds may be held by the
<br />Lender and commingled with other funds and the Lender's own funds and the Lender may pay such-items
<br />from i#s own funds and -the Lender shall not be liable for interest or dividends on such Funds.
<br />If the €tmount of #lie Funds held by Lender, together with the future monthly installments of Funds
<br />payable prior. to the due dates of tease; assessments, insurance premiums and ground rents, shall exceed
<br />the amount required to, pay said taxes, sasessments, insurance premiums and ground rents as they-fall due,
<br />such exams shall he, at Borrower's option; either promptly repaid- to Borrower or credited to Borrower on
<br />monthly installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay
<br />taies;:assessments, insurance premiums and ground rents as. they fall due, Borrower shall pay to Lender
<br />any amount-necessary to make up the deficiency within thirty days after notice from Lender to Borrower
<br />requesting payment- thereof; -er Borrower shall, by an increase in monthly installments of Funds required,
<br />repay the deficiency within the Fund accounting period.
<br />Upon payment in full of all sums secured by this Mortgage, Lender shall apply Funds held as a credit
<br />against all sums due.
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