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INDIVIDUAL
<br />DUE ON SALE
<br />~' OPTIONAL FUTURE ADVANCES
<br />SAVINGS FUND
<br />FORM tJO. 720
<br />Loan Number_ 40883 ___-_ 188 _~- 1 _-
<br />Type Branch
<br />~9--€;~~~t~4 MORTGAGE
<br />THIN MORTGAGE, made and executed this -.-..._..,~0.....:....... day of ..--- ~`d?'u'~ ................. A.D.,
<br />19.-7Q.-, between the Mortgagor, ..-_Nox~andeen-.HI._.Aden.and..Disna.I.....Aden,-.husband_anrl..wifE,
<br />------..~aiut-~!--aud..eacti..zn..+thei.r_..c~n. right ......... .......... ......•---- --------- - .-.........._... _..........._.- - - -...--
<br />of -..-...~sartd_?s~.ax-d.._.-, County of .....-.g8.~1-----.---------.--., State of .......Nebraska.., hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIOhT OF
<br />_ LiNCOI,N, 1235 "N" Street, Lincoln, Nebraska 68501, i#s successors and assigns, hereinafter referred to
<br />as Lender.
<br />WITNFSSETH: That the said Borrower for and in consideration of the sum of ...-EIETY..TIi$EE_'Pfi(?IlSAND
<br />__13I21S..,il[IlT3~Rida--@.N_i2-NO[100._--------------~--'----.--.Dollars (US $..53900.00-._..----------...)
<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 _-- _--- Ha11-----_------,.--_----, State of Nebraska:
<br />Lot Thirteen {13), Le Heights Fourth Subdivision, Hali
<br />county, Nebraska.
<br />Tocerxr~ with all the improvements now or hereafter erected on the Property, and all easements,
<br />rights, appurt~ances, rents, royalties, mineral. oil and gas rights and profits, water, water rights, and
<br />water stock, and all fiatutecs now or hereafter attached to the 9roperty, all of which, including ntplacr-
<br />meats and a~itaons thereto, shall be deemed to be sad remain a part of the property covered by this
<br />Mortgage; and all of the foregoing, together pith said property (or the leasehold estate in the event this
<br />Mortgage is on a Icesehold) are herein referred to as the "Property„
<br />Harrower covenants that Borrower is lawfully seised of the estate hereby conveyed and lout the right
<br />to mortgage, great and convey the Property, that Lhe Propertyss unencumbered, and that $orrower will
<br />warrant arm defeml generally the title to the Property against all claims and demands, subject to any
<br />eaaemeats and restrictions listed in a schedule of exceptions to coverage in any title insurance polity in-
<br />suri~ Leaider's interest in the Property, or (?) atiomey's opinion of title from abstract of title certi5ed
<br />by b abstracter.
<br />PsovrDao Ar,wars, sad these presents are eaecated and delivered upon the fallowing conditions, agree-
<br />nieats asd abligatioas of the Br>rrowes, to-wii:
<br />The $ormwer agraes to y to the Lender, or order, the principal sum of _-FIFT7C.SHBES.-TH4IISAll11
<br />__._ .~ ----_..._Dollars (US S_53„9t2tl.flQ_.._....__. -....)
<br />payable as provi~d in a Hate ezeriited and delivered, toncurrnntly herewith, the fugal papmeat of principal,
<br />if not sooner paid, oa the _- 3'irst-.._....... day of ---._~' i? -.._-..-----------...-, 1fl2~
<br />U Covexexrs. $ormwer and Lewder covenant and agree as follows:
<br />L PezPmeat ~ P:inCipcd rand htllet~. Borrrsscer shall promptly pay a$rerr due the printpal of and in-
<br />tet+est ~ ~ " euiderreed by the '_Vot~a. prepay-rnertt and late charges a8 provided in the Note,
<br />the priaapal of and interest. on nay Fntur+e Advances seear+eri by this 'Mortgage.
<br />2 Faaids foc ?ams roof hrairemee. Subject to Lender's option under paragrapfu~ 9 and 5 hereof, Bor
<br />rvaeer shall pny Lo Lerider on the day monthly irutalhaesits of principal and interest are payable under the
<br />lvc-#e, uah3 the bore i$ paid in fnH, a sum (herein "Funds°) equal fo one-twelfth of the yearly taxes and
<br />its which mar attain paiaaity over this Mortgage, and ground rents on the Property, if any- plus
<br />o~weHtii of yearly -i-srenutun its far hazard insuuano, plus orm-twelfth of yearly premium m-
<br />etsfloieaits far mortgage insvrarxr if any, all as reasonably estimated iaitasily and from time to time by
<br />Leitdor oar tlw: bay of arrd br71s and n~sonahle estama#oF thereof, Lender shall apply the Funds
<br />tri pay saidd ta~a, aa~oesits, ~+~~ preaniums and ground rents Fader shall crake no c•}aarge for so
<br />~ ami applying the Fla oc ~g and criarpiuirg acid asBent$ and bins. The Lender shall
<br />to. the Hmaarw~ea, wif3wrrt dragpe, sn aatwal accounting of the Funds showing c~rlite and debits to the
<br />and >f~ pmpoae far which eadr dr~iit to the Funds wax made. The Fonda are pledged as additi~al
<br />sacmity iz+r tfm aiai~ saesaoad bg ~ Meat~ge. The Horrrr+ver agrees that flue Funds may be held by the
<br />I.eaxlsr anti w~h ei~rr fimdr and the Lender°s ruin fvrula crud the Lender rosy pay such items
<br />fpm ~ aivp ~ tiro IaanAiar shag iwt be lialx4e for inte~neat or dividends on such Funds
<br />tfae sank o#€ t 1 l+dd by 1+dadar, togeths• with the fuwre monthly installments of Funds
<br />l fe ~ ~e dates ~ ssada, ptr'.ani~ arul ground rents, shall exceed
<br />i~ie tAaaormt to said h/aoee, insurance paraniums and ground rents as they fall due,
<br />such. shallf ~ at 3~'s . eeitl~dr pra~tlp re to Haaower or credited to Borrower on
<br />sy_ ~ Facia. If the amonat sd tyre Fw~la by lenc~r shall not be sufficient to pay
<br />coerce, asre9mr-»Ints; ice srAd ground-rents as they fall doe, Hornfwer shall pay to Lender
<br />say ataa~pL to saaice up the wrthim thirty days after notate from Lender to Borrower
<br />'~ an increase m monthly installments of Funds required,
<br />Upam payment is faIl of all aeeurmtl lty this Mortgage, Lender shall apply Funds held ac a credit
<br />agas~t aU soma Brie.
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