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tNDIViDUAL DUE ON SALIE ~~ OPTIONAL FUTURE ADVANCES SAVINGS FUND FORM No.72o Loan Number__y919Z__'_18___ __i_ ~.~ii4.V~ Tru es~an 79--~40~2~6 M~RTGAG~ THIS MORTGAGE, made and executed this _..........~q.._....-__... day of -._Ly.~r.t-)'--.-.-._.--...._.. A.D., 19..'29.., between the Mortgagor, _..Robsrxx-..,I....i>rhaa7.~x---aasi..Ilancy...I,....~etr~ex...hu&lzand..aw3...-...... ____wife.,._.jointly._and_.each-,in._their. osin_ right-,.-_.._.._-.-- of .... Grand_.Island---....., County of .....-._Ilal.l ..................... State of .....Neb><aslsa....., hereinafter referr°d to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF , LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to as Lender. Wtrxssssrtt: That the said Borrower for and in consideration of the sum of ._SIXTY.-SIX-THUUSa1VD .-. SIX.HUNDItED-.AND _NO%100x..--r.--r..cr---r-r..----rr.--::~ c----1)oP.ars (US $...fi(i.fif)Il..00.....-.....---...) paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the following described property located in the County of .......Ha,7.7.._ ..............._..-....., State of Nebraska: Lot Eight (8) in Block One Ilta'tdrei' Fifty-'Itao (152) in Union Facific Railway Conpany's Secartd Addition to the City of Grand Island, Hall Cota~ty, Nebraska Toca't'aES with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and avatar stock, and all fixtures now or hereafter attached to the property, all of which, including replace- ments and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said property (ar the leasehold estate in the event this Mortgage is on a leasehold} are herein referred to as the "Property". Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Froperty against all claims and demands, subject to any easements and teatrictions listed in a schedule of exceptions to coverage in any title insurance policy in- suring Lender's interest in the Property, or f2} attorney's opinion of title from abstract of title eertified by bonded abstracter. FROV101~tt ALWAYS, and these presents are executed and delivered upon the following conditions, agree- ments and. obiigataans of the Borrower, to-wit: The Borrower agr ttx pay to the Lender, ar order, the principal sutra of - ~iX'~1~-fiiX- ~I?~ ._-°.5.~.?l;?~~4U-.. -.__..-- . .. ---- "".~.'-l~tlars (t ~fi ~ _ 66~6QQ. tH1 1 payable as provided in a note executed and delivered, concurrently herewith, the final payment of principal, if not sooner paid, on the ...........-Eiz'st-.- .day of ....Mary.. >KK, 20p4 Uxttroaat CovexAxxs. Borrower and Lender covenant and agree as follows: 1. Paymont Qi Prlrscipal rood Iatsreat. Borrowor shall promptly pay when flue the principal of and irt- terest on the indebtedness evidenced by the Nate, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this ?Mortgage. 3. 1~lutda for ?axes and Inaunmes. Subject to Lender', option under paragraphs 4 and 5 hereof, Bor- rawer shah pay to Lander on the day monthly installments of princilwl and interest are payable under the Nato, until the Note is paid in full, a sum (heroin "Funds") equal to one-twelfth of the yearly taxc~+ and assessmonts which may attain priorityy over this Mortgage, and ground rents on the Property, if any phis one-tavelfth of yearly premium uxstaliments for har~rd insurance, plus one-twelfth ut yearly premium ut- staUtnents for mortgage insurance, if and, all as reasonably eatist,ated initially and from time to time by Lender on rho basis of absoesmenta and bills and t~sonable eatimatae thoteof> Lander shall apply the Funds to pay said ta1*ea, assessments, i;.xurance premiums and and rents. Lander shall make no rhozge for so Lmldlnff- end applvng t!~ I?ttncla or ritying and ~?ntt?i~ said t~ sad hills. The l~der shall ~tve to flat Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to the Funds was made. The F`uads are pledged as additional security 'tor the Bums secured by flue Mortgage. The Borrower agrees that the Funds may be held by the IAttder-and.evutmingl~d avithother fnacfe and the Lender's oavrt funds and the lender mar pay such items from its own funds and the Leader-shall not be Uable for interact ar dividends on such Funds. If the atnaun~ of tie FttndB held by Winder, yo~ether with -the future monthly installments of Funds payable prior to t1~ der dAtea of ta:as, assessments, insurance premiums and ground rents, shall exceed ate atnouttt requited to said tutee, aaseesmenta, insurance preriums aml ground rents as they fall due, such exeasa shad be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly. iztetallinenta of k~utds. If rho atuount of the- Fundds held by L~snder shall not be sutRcient. to pay taxes,-assessments, ittsurar~ premiums and ground rents as they felt due, Borrower shall pay to Lender any amount necessary to tfiakta ug tine detltae2icy within thirty days after notice from Lender to Borrower requ~tfng payment tli+aredf, or Btrrower shall, by an increase in mont%ily installments of Funds required, repay the deficiency within rho Fund accounting period. Upon payment in fu22 of all-sums secured by this Mortgage, Lender shall apply Funds held as a credit against all sums due.