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<br />79~ ~~1$.~1
<br />INDIVIDUAL
<br />DUE ON SALE
<br />OPTIONAL FUTUE2E ADVANCES
<br />SAVINGS FUND
<br />FORM No. 720
<br />Loan Number_~~Q____~4____-__~.__
<br />ryce a..~cn
<br />M D R T G A G E
<br />THIS MORTGAGE, made and executed this ...---- ~-------...---.- day of .-----.!~~'~--------.------ A.D.,
<br />19..7.~J----., between the Mortgagor, .__.De1u14r.C-Dixiss-~d.Isabel-.Dirks,.-husb~ad-.mod-wi.fa,..-.._-.-.
<br />----- aintZ .-.acrd-Each-.irt..r}aeix..uat....' .............................................._ - ...... - ....- -
<br />~ y ---~- ....
<br />of ..ltd-.Zsland....._.-.-, County of -----1ia11---..--------.....-.. State of ....Nebraska-.., hereinafter referred
<br />to ss the Borrower, and the Morti;agee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 135 "N" Street, Lincoln, Nebraska t3R501, its successors and assigns, hereinafter referred to
<br />' as Lender.
<br />Warxess€rx: That the said Borrower far and in consideration of the sum of .. ~.
<br />...~..Bp~}{ll~____._______~__~______ ________~oL'ats iLi$ e.. 311,000.. _ .__- ..._..)
<br />paid by sold Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns: the
<br />following deacrihed property located in the County of .-..-.Hall- ..._.......... ,State of Nebraska:
<br />jtlt :~,d^.C (R~, Rl-t7(_~ T}+S@P (3l, ~2a'1'!L[•t1Cwt ~'+,iZirti~n.S~('A •, rt,e rtity'af (ti"sarNl ISI.ffild,
<br />hell fxusiy, i'aska
<br />Tbca~rta~a with all the improcemen#s now or hereafter exerted on the property, and all easements,
<br />rights, afapurtenaaces. rents„ royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />water stock, and alI telexes now or hereafter attached to the propert}=. all of which, including replace-
<br />~nis and additions thereto, shall be deeated to be and remain a part of the propert}~ rnvered by this
<br />Mortgage; a~ all of the foregoing, together with said property for the leasehold estate in the event this
<br />Mortgage is oat a leasehold) am herein referred to as the "Property"_
<br />Bocrowet covenants chat Borrower is law-fullv seised of the estate hereby conveyed and has the right
<br />tar mort$sge, grant and convey the Property, that the Property is unencumtserPd, and That Borrower will
<br />warrant sad defend generally the title to the Property against all claims and demands, subject to any
<br />easesaerrts and restrictions listed in a schedule of ezcegtions to coverage in sny title insurance police in-
<br />suring Lt's interest in the Property, or ('_') attamey's opinion of title from abstract of #itle certified
<br />by bonded abstracter.
<br />PaROVrD~ Atws~, attd these gresent& err executed and delivrered upon the fa€luwing rnnditiot_sa agme-
<br />meatts and obligations of the Borrow°er, to-x~t:
<br />Ttte Borrower agree to pay to the Lender, or order. the principal sum of --Zkti.3"Ly-'ItaottSatxl.,aQd.
<br />._.~],p},,,«-_~~,r~_____~_~___~~~----------Dollars iC'S 3..34,9QQ_OQ..... }
<br />patva6ie as provided in a note ezecuted and delivered, cnrarurrrntiy herex~th, the final payment of principal,
<br />if not aoasr~r paid, on the ~%~ ¢ay of .. Apz•il
<br />,9
<br />I.'xtt+trErt Cctt~+aa-tvrs. Borrower and Leader covenant and agree as follows:
<br />L Pr+7fa'~t ~ Ihi~ rarml T>at~. Borrower ;hall promptly pap when dire the prutcipa! of and in-
<br />tea,a¢i on the irtdebtedrtess a+•ivien~d by the \aie, ,nrep~symen# and late charges as provided in the _~ote,
<br />a$d #~ principal of arxf iniernst on any Fuirtre Adtianres secvr+ecl b} this Mortgage.
<br />2 Ftmds f~ Taores sad Iasvs+®c~. Subject to Lender s option under paragrraphs ~ and S hereof, Bor-
<br />r».rer shall poly uo Lender on she da}• monthly instalhnenL~ of principal and interest are payable under the
<br />l"a~+e. uata7 the Note is paid is full, a sum f herein "Ftmds"I equal to one-twelfth of the cearly taxes and
<br />tLs wl~ tats attain paioritr over #lt~ f+fartgage, and ground rent; an the Property, if ant plus
<br />oee-trorelfth of rfs premium instaIlmenta; #or hazard insurance, plus one-twelfth of yearly premium in-
<br />~ ~ , ff arty, all as re~>anably estintat$d initially and from time to tixrte b}•
<br />I.egsle3 om the l of atad ~ and reasartable estimates then'+af, Ixnder shall apply the Ft><Rds
<br />to Pt9 acid tam, ta, it~saraartirs pretrtiums and ground rents. Lender shall make no charge for so
<br />~S asa~sl ~ t~ su ',tag acrd campiliag said aase€ant2nis acrd bills. Thu Lender steal!
<br />t9n the , withnut ~, as arraaual accounting of the Fonds showing cmdits and debits to the
<br />sad rtes fxrrpote hoar wfiardt a deitit ttt the Fuaa~ was match The Funds one pledged as additional
<br />sacatity fur the avaaas at+rtrred~thic Maa4gage. Tlae Borrower agrees that the Funds may be held by the
<br />L~ex and cekd w~ funrl~ and the Lender's own irtads and the Lender may pay such items
<br />is~a its dNS f€~.rltc aatl ti~te I+ea ahaH sot be liable for interest ar dividends on such Funds.
<br />€f anete~t #hrt +da htld liy Ir, tags wi#h the €trtxrre monthly inatatlrnents of Funds
<br />i fast t>;tt door dater ~ royal, taseaeaeatts, i~arataae prffiiatrns sad ground rents, shall ezceed
<br />t3ae-aaaeaat~ teq~ned to lath aa~i tarsals, ataeaataients, irssuraace paemtuma arm ground rents as they fall due,
<br />aar6 a~ lta. at ms's optasa, either prttmp2ly to $orrower ar credited to Borrower on
<br />maw ' tat Funds. If t7ate amaaat of the P'unds~ by Lender shelf not he sufficient to pay
<br />imaxasee pomauuaa and grouted rents as they fall due, Borrower shall pay to Lender
<br />aartoaRrt. ~ ~ stalls up the d~ency vrithin thirty days after trotice from Lender to Borrower
<br />aregtaxdSettg payment thereof, ~ Barry sha1T, by an increase in monthly installenentrs of Funds required.
<br />r®a±r t~ die wi ~ .F+~al am,~~rFi~,g p°'rt-
<br />Upon paytnestt in full of all sterns secured by this Mortgage, Lendez shaA apply Funds held as a credit
<br />against all sums due.
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