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INDIVIDUAL
<br />DUE ON SALE
<br />~~ OPTIONAL FUTURE ADVANCES
<br />SAVINGS FUND
<br />FORM No. 720
<br />~~~-N Loan Number_!+0711 ___-___1_88- __l_
<br />TY~e _ _ _ - -B flllCr
<br />79-~ c;~;1~34 MORTGAGE
<br />THIS MORTGAGE, made and executed this ....-_crr~.~-..-.._._..-. day of _.._~ctCch,1........_-.. A.D.,
<br />19--~9_., between the Mortgagor, _...iZ~ne.1...STava_and.KAthla?r+.,1_Staval`..htaSb~d..and.~,rlfe,
<br />.... "taintl ..and.earh..ist..tt~.ir.-coat.- -- - ...-..-- - ~ ...--°_.._-...._ -_ - ...----
<br />- J Y - . _. -- - .-..
<br />of ...-.---.f~and..Islarid..-. County of _----.Ha11.-.--.-----_._..., State of .1~hraska-..-.-..-, hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />` LINCOLN, 1235 "N" Street, Lincoln, Nebraska 685Q1, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />Wrrxssssxtr: That the said Borrower for and in consideration of the sum of --.-.-7xtis~y.-'lhpgasffiid
<br />atld no~100---.-----------.-----------..--------------------------Dollars (L?S 3_ 30,E-~ - _ - ~
<br />paid by said Lander, does hereby rrrortgage, grant and convey to Lender, ifs successors and assigns; the
<br />following described property located in the County of ___.__--___-Tia11 .._-.--.-.-_., StatB of Nebraska:
<br />Lot 'lt~o (~) . Itt~eri.al ~'iilage kYttl't 5ti~vision in tt~ [,itp or Grand island,
<br />Hall Cot=tty, Nebraska
<br />TC~ETHHII crith ail the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oit and gas rights and profit_S, crater, water rights, and
<br />water stock, and all fiztures nos- ar -hereafter attached to the properly. all of which, including replace-
<br />aaents and additions thereto, shall be deemed to be and remain a part of the propert}• covered by this
<br />I~arrtgag+e; ate all cf the #aregoing, together with said propert}• (or the leasehold estate in the event this
<br />it4ortgage iS on a leasehold) are hernia referred to as the "Propertc"
<br />Borrower covenants that Borrower i3 lawfully seised of the estate hereby cYam•ayed and has the right
<br />to mortgage, grant and roavey the Property, that the Property is unencumbered, and that Borrower will
<br />srsrrartt and de#end gerrerallc the title to the Property agairts# all claims and demands, subject. to any
<br />errs and restrictions tired in a schedule of ezceptions to rorerage in any title insurance policy in-
<br />Lender's iatemst is the Proper#y, or t') attorney's opinion of title from abstract of tit]e certified
<br />by banded sbstrarter.
<br />Prrtrvrusn At•tcars, and these presents am ezeruted and delivered upon the following conditions, agxre-
<br />mesis anal obligations a# the Bormrcer, ta-x~-it:
<br />The B+arrower agrees to pay to the Leader. flr order, the principal sum of -- . ~'~'. ~-
<br />A~ PL?13~ ------------------------_--------------- Dollars t l'S S ~ OOd 06
<br />_.. _
<br />pa}xb#e as proc~ided in a note ezecuteal and delivered, trmcurrently herrw-ith, the final payment of principal,
<br />if atst snorer paid, ~ the F'~.745C day oi~'+pr;l . ~; 2004
<br />L'tsrt~c+rtnt Ctr4-rataxt3. $srr and Legsder ax~vertant and agm.e as follcsw
<br />;- ~ ~ ~ Borrotnzr shall prvmpt[s Fey wl-~t dur tfta principal of ar ; in-
<br />terest our rive incleb:e~ess, eo3de1 fry ilre \ofe, prepay°naert and late charges a>~ pm.°ided in the _~ate,
<br />anal the principal of and interest +~ any Future Advances :stored b} this Mortgage.
<br />2 Fssrds irr ?uses aa~ Subject io Lender's option under p'$ragtaplvs A and ;a herea£ Bor-
<br />sower s1g11 pay to Lersa'ies oa Lhe alas nrixrihls installmenu a# princpal and interest are payable under the
<br />?~itrtde, grst~l tip Note is paid in frtfi, a start (fin "Funds': equal to onavtsa-el#t}1 of the vearl}* taze+ and
<br />its which ntt3~ attain ps~crrity veer the lfarigage, and ground rents an the Property, if am plus
<br />~ of yearly prexnitua eta foz harard in__:rrritrrce, plus -tt+elfth of }'sari}• premium in-
<br />for ~ ia~sraaoe, if env, all as masvrrabir estitirated ittiiiall>• and from titre to time by
<br />Linder tat the basis a# and bt~4s and reasonable esximntes ihereaf, Lender shall apply the Funds
<br />m pay said tttsaw, ~r>9snoe preeaiuras and ground reacts. Leader shall make no charge for sfl
<br />t~ aptalyita~g ~ St v+esi#yirsg areal emtt~.tistg said ssseaasn~ts and hills. The Lender shall
<br />'• ha tine Bnrrn+ver; rvithrrut c$rlrge, ors annual scc~ouating art the Funds showing rrexlitr sad debits to the
<br />~ ahep b delai to t~ Funds ress made. Tire Funds are pledged as additional
<br />aatarxity g ~Soatgage. The Barmw,er agrees tba# the Funds may be held hp the
<br />a~ w~ +rtirer f asd the Lender's trwrs fsrirals sad ttte Lender may pay such items
<br />ftis~r ~ ~ at3al the Lt>r-shall . be lialrie ftnr intt or dividends on such Funds.
<br />II tars amaagaat of tgre by Lantierti t with the future monthly instaUsrrents of Funds
<br />. gssar ttr the doe datat ~ rases eta, imRSraabe premiums arsd ground teats, shaft ezceecl
<br />t~se aaae~rsst to pay said , aaada~rts. insarrsree pseatimraz and ground rents as they fall Sue,
<br />era~tta ba, at Bc>avwa's t~iaei, er~er pr4arptly repaid tar Borrower or credited to $orrower on
<br />ienta of P If rite cant of rite Funds head by Lender shall not be sutfi~-lent to pay
<br />• sad grtsmid rents as they fart -due, Borrower shall pay is Lender
<br />acv ars~otmt aeceala-ry ttr matte trp t3tia dtcy xithia thirty days after notice from bender to Borrower
<br />-- - - -
<br />~$ FsY~~ ', ae ' aFsa11, by as increase in monthly installments of Funds requir~etf,
<br />repay tits +is5ei~y rrl#hia tfse F'mul sioaou~ting petEad•
<br />L'!» payt in of aR sen3red try this ls#ortgage, Lender shall apply Fund, held as s credit
<br />agsimt all sums due.
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