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INDIVIDUAL
<br />,~ DUE ON SALE
<br />~' OPTIONAL FUTURE ADVANCES
<br />~ SAVINGS FUND
<br />,L o , FaRH No. 7Z0-479
<br />~ Loan Number____41&2~_==_lfl&__-__1_.
<br />7- ~U~6'78 MORTGAGE
<br />THIS ~40RTGAS;E, made and executed this .- ._- 20___....._....-. day of ___.~hA;r -._._._.._... A.D.,
<br />19._79-.., between the ~Iortgagor...StanZEy..ttr.. Lindner.-and- Marilyn -A,-,Lindner, husband and
<br />_t,*fife,...yainLly..3rxd..each-.i.n. Xheir-- own- right. -
<br />of .Orand_Tsland.._._.-.- , Counts of -. -.-- --Hall - -------------_, State of .. Nebras_ ka ,hereinafter referred
<br />to as the Borrower, and the Mortgagee. FIRST FEDERAL SAS°INGS A\D LOA\ ASSOCIATIO1rT OF
<br />LINCOLN, 1?3i "N•' Street, Lincoln, Nebraska 6Sn01, its succeacors and assigns, hereinafter referred to
<br />as Lender.
<br />~'irx>=,vsrx: That the said Borrower for and in consideration of the snm of _S.IXTY-FOUR-____-__-
<br />THOUSAND FOUR HIINDR~ ANP, NO/I00--- ------ ------ .Dollars {tiS .+_64.,400.. Q0- -_._. _-. -_.)
<br />paid by said Lender, does herebc mortgage, grant and comet' to Lender, its successor and assigns; the
<br />following described property located in the Caunri_• of - _. _ __- FIall ,,,_____, _-_. ,State of Nebraska:
<br />A tract of land comprising apart of the lorthwest Quarter of the Northwest Quarter (AIWFN4•''-L)
<br />of Section '.'..-2 n -three (-'3), Ta:.~rship Eleven (ii) .vrtl; _~ange i'in~ (~) Nest of _,e 6th
<br />P.M., in Hall County, Nebraska, mare particularl7 described as follows: Beginning at a point
<br />of the west line of said Section Twenty-three (23), said point being Seven Hundred and
<br />One-tenth feet (700.1') South of the Northwest earner of said section Twenty-three (23);
<br />thence continuing southerly alcng and upon the west Iine of said section twenty°-three(23):
<br />3 distance of One hundred Seventy-six feet (176.0); thence, deflecting left 90°00' and
<br />running easterly a distance of one hundred Eighty-three feet (153.0'); thence northerie
<br />SEE ATTAHCED EXHIBIT "A"
<br />Tocerx~e a-ith ail the improvements row or hereafter sees#ed on the property, and all easements,
<br />rights, appurtenances, rents, royahi~, nuneral. oil and gas right_c and profits, water, aaater rights, and
<br />water ;tack, and all ;vxtures none or hereafter at#sched io the property, all of which, including replace-
<br />ments and additions =hereto, shall be deemed to be and remain a part of the property arovered by this
<br />?Viortgage; and al] of the foregoing, together aa-ith said property (or the leasehold estate in the event this
<br />\iartgage i, on a lea~holdl are ltemin referred to as the '"Property''.
<br />Born~W-er coven.3rrts that Harrower is lawfully seised of tSe estate hereby cenveyerl and has the right
<br />to mortgage, grant and cc,na-e}- the Froperty, that the Property is unencumbered, and that Borrower will
<br />warrant snd defend generally the title to the Property- against all claims and demands, subject to any
<br />easements and res-trictians listed in a srltedule of exceptions to coverage in any title insurance polii•}• #n-
<br />stuing Lender: interest in the Propert}, oz i_1 attorneys opinion of title from abar_:.t of Title certified
<br />b}' banded abstracter.
<br />Paul inn Atw:~~'s, and these prf-.;rats are executed an%' ~rit.•-*ed upon the following conditions, agre><•-
<br />ments and obligations of *.he Borrower. w-wiz:
<br />Th4 Borrower agzr~s to nag- to the L.rncler, or order, the principal su.T of SZt'Tl FOUR THOUSANA
<br />FO11R $ll?c`aRF.D A_h't~ N0Ji0f)-----------------------------I)allar~ {1'S.: 64,440.00 t
<br />pa~'able as pm.-ided in a ni,±e exevuted and dc•liv~r~l- r;:n; urren*.l~' herewith. the firaS payment of primfinal.
<br />if nut sooner paid, nn the -=' des. of ",i;t;tiz', }gC ?v09
<br />l~*.IFr',ktS C~,vt~'; ~';t~. R.,rn,we•r and Len:ler revenant snd agree as follows:
<br />i. Payment of Principal and interest. i~,rnrc+ez shall ;,rum},tl; pea- aahen due the ;irincit,ai of and ir.-
<br />tert_t an tl:e indel?tedne:: e-~:rnrrd h~ the tiutf-, 1 rr}~a'mrnt and late charges a~ ;~r„~id~-ci m thE- \otc•,
<br />an3 the principal of and irtr:.~:.~n any Fu:urn _1,3aar:.<-: scYUrrd b~ this \f„n~agr.
<br />2 Funds'~tr Taxes ~ ~:sraac~. Sut;jcc-i '.; Lc-ndrr'c ,.l,tir,n undt-r 1~a a~_raphs -e and ~ hen•rf. $or-
<br />rower srsll pa} to Lender on zhe rv,~ .-non:hl± ansaali=.;:rn:- of 1.•rmcipal and interest are pa}ahl€~ under the
<br />Nate, until t31e Note is ixiid in full. a sum ,hers-in "Fund.'; equal t+~ one-tttiriith of the }~earl~ taxes and
<br />assr„-ctrtents w_tzich may attain pri+.-:rta~ os~er the- M~,n =:i~r, and ,~*.n,un;i rert~ <,n *.he Fn,per±a-. if an:- plug
<br />one-twelfth of yearly prerniutn irz~tall.,,eni= r lyrzard insurarce. 131us c,nF--t~Ar!±;h c,i ti~-arli I;ren;iutr. in-
<br />stallments far mortgage insurarrca if arse. all~~ rr_acr,nahh~ ectizriated initialii~ and from time to time by
<br />Leader an the basis of assessments and hill-- and rrasnnable~estimatr-~ thereof, Lender shalt appl}' t47e Fund+
<br />to pay said taxes, as:~eacments, insurnY premium and ~t•rxrnd rf-nts. Lender >hail make no charge for ~o
<br />kaltling and applyinw the Funds ar a'rrif}•ing and ct,mpilinr said ace+.mrnts and fiiIl. Thc• Lender :hall
<br />give to *_hg l~rroreer, witht;ut ctta,~e. an annual aiti~,unting of the Funds ;how°ing credits and debit. in the
<br />Funds and The purpose far which sash del?it to the Funds was made. The Fund,: are pledged as additional
<br />security for the sums sr~~ued by this Mortgage. The Harrower agrees that the Funds may be held in• the
<br />Lender and commingled with ether funds and the Lender's awn funds and the Lender may pay such items
<br />tram its ow-n funds and the Lender shall nut be liable for interest ar dividends on such Furrds.
<br />If the amount of tare Funds held b~ Lender, togethez with the future monthly installments of Funds
<br />payable prior to the due dates of taxes, aassessments, insurance premiums and ground rent, shall exceed
<br />Lhe amount required to pay said lazes, a-aseasmenta, in;ur ;tree premiums and ground rents as they fall due,
<br />such eaeass shall be, at Borxnver'<, op*san, either pmmpth• repaid to Borrower or credited to Borrower on
<br />monthly installments a# Funds If the amount of the Funds held by Lender shall not he sufhcirnz to pay
<br />fazes, assessmen#s, inaurance premrtuns 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 tf:ereaf, or Borrower shall, by an increase in monthly installments of Fund:, required,
<br />repay the de6ciencr within the Fund accounting period.
<br />tTpon payment in full of all sums secured by this Aortgage, Lender shall apph Funds held as a credit.
<br />ag~nst alt sums due.
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