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<br />INDIVIDUAL <br />~ya/~~ ~ DUE ON SALE <br />=A.~i~' OPTIONAL FUTURE ADVANCES <br />r~•~! 16 ) SAVINGS FUND <br />U~~ FORM No. 720 <br />Loan Number__3@Z45___==___1$$=-___-1_ <br />7c~-~04~~4 M O R T G A G E <br />THIS MORTGAGE, made and executed thts . _ ~'I) ___ _. day of .. _ ._ . A.D., <br />ls_ .7q-. between the Mortgagor, - ... marry -L-Gizinskr and Frisciil.a G. i~in hi.,. husband........ <br />,and wife~_,jointly and each,in--their otln--right-,-___ <br />of ._._.-Grand Island - County of . _-.gal}. ..- ._ ..--.___-, S±ate of .-.;debraslea -- • hereinafter referred <br />to as the Borrower, and the .Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF <br />LINCOLN, 135 "N" Street, Lincoln, Nebraska 6801, its successors and assigns, hereinafter referred io <br />as Lender. <br />L'Vtrx>~cssrx: Thai the said Borrower for and in consideration of the sum of TWEi~ITY-.EIGHS..THOL'SAIvD <br />_.__.. EIGHT._IiItteTRFD_A.~ID.-\0/10A----.--_--.-_--------------Dollars l('S 5 28,800.t)D-__- -...__-_.) <br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the <br />foIlow-ing described property located in the Courts of __._ _.Hall _ __ -- ,State of Nebraska: <br />A tract of land located in the ?VE'-L of the SE's of Section 33, Township 11 Tvorth, Range 9 <br />West of the fith P.M., in Hall County, Nebraska, more particularly described as follows: <br />With reference to the SE corner a£ said Section 33 thence Northerly 1318.G7 feet along <br />the East line of Section 33 to the actual point of beginning; thence running Westerly and <br />parallel to the South line of said section 33 a distance of 208.71 feet; thence running <br />Northerly and Parallel to the East line of said Section 33 a distance of 208.71 feet; <br />thence rurming Easterly and parallel to the South line of said Section 33 a distance of <br />2J$•71 feet to a point on the East line of Said Section 33; thence running Snatherly along <br />tl:e East line of said Section 33 a distance of 208.71 feet to the point of (SEE ATTACHED <br />Toctzrxs:tt with all the impn~vements now or hereafter erected on the property, and all easements, EYIIIBIT <br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and pmfrts, water, water rights. and ^A"~ <br />water stack, and all hstures now er hereafter attachc~t3 to the property. all of cchich, includin, replace- <br />ment and additions thereto, shall be deemeri to he and remain a pan of the praperiy mcered h~ this <br />\4ortgage; and all of the foregoing, together with said property for the !easrhoid estate in the event this <br />114origage is an a leaseholds are herein referred to as the "Pmperf~-". <br />Harrower cocenant_ that Borniwrr is lawfully seised of the estate hereby conveyed and has the right <br />io mortgage, grant and comev the Propert}', that the Property is unencumL*ered, and that Borrower wdl <br />warrant and defend generally- the title to the Property against all claim: and demands. suhjc-rt to any <br />easemen~ and rz`tric*_ions lined in a =c}:.dule of exceptions to caceraoe in ani zifle Insurance lwlicc in- <br />suring Lender's in~erest in the Pm}k-ny. o~ t'') attornec's opinion of title from abstract ai title certified <br />b_c bonded altstracter. <br />PBOyinEa Atw.avs. and titr.:e prrcc-n*..~ arc esec~uted and dehvrred a}kn the follinying .~.+ncliticros, agrer- <br />ment and obiigatien= ~,f the iiorrow'er, to-t;~t: <br />The Borrower agrees to stay io rite Lrsder- or order, ?ltr primipal sum of TG'E\'Tti' EIGIiT T110IirL'~TD <br />EIL-HT--1H.~'+'D3F~ ~ ?I0110(1--_------~--_------------Dollars , L c ~ 28-.800.013 1 <br />parable as provided ir. a note c3eCUtcd and de7itirr~-d, runcurr:•nti~~ hrr~~tcitl~. 'h, iinai pad n:rn<. ++f f+rirripaf. <br />if not sooner paid, on the - First . day- ci OGtcber ?~ ?Oil7 <br />L-xtFttgrt C.,t~x~xr=. B~+rmurr and Lender ~.venant and arrrr a> f,~il,~x~ <br />1. Payment of Principal end interest Bornnvrr -;tai; prt+tt:ptly !may when du~• iht prncipal of and in- <br />tetest an the indrbtedne>_ evidenced by the \ote, pre}4avntrni and ]a*,e :~har~<<,• as pn n5drd in the Sni c. <br />and rite pr.ncipal of and insert-st ar, any- Fuiurr =1d~sn.r: ~r~ur~•ti b~ :'r.i= \;t~rt~a~e. <br />~-. F•mds for Taxes and Lnsttrance, Sub;rct to Lrndrr < t,pti+m under :,ara~**ra,,:^.c t :end =, herc•c+t. tlor- <br />rower shall pay to Lender on fire day- monthy insiallrrrnt~ u1 ttrinripal anal int. r_•~t are {sa~ahle undr r Thr <br />Nate, until the Note is p?.id in fu17, a >a-n +herein "Funds"f equal try onracclfth .d the y~earl~ taxes am! <br />assessments which rtay' attain priority ev.r this \Son9a;;r- a,-td ,round rrnt> >n the Fr.+l~rty, if ani plu- <br />acre-Twelfth of yearly premium installments far hazard insurxnc-r, plug ±,ne-zwe!fth at ~c-arly~ p~etniun~ irt- <br />stalhttenzs f ^:;=r.,age i.~.uranee, if any. all a; rrasonab:j- estimatc•.I •..itiall•: and fr:>m time zc, time h~• <br />Lender an the basis of atessrnent: and bill; and reasrntablr estimates thrrrttf. Lender shah apply the Funrl= <br />to pay said taxes, a ~s~ssments, insurtt~ prentittms and ground rents. Lender shall mal<r nu ~ttar,~r ft.r .-<, <br />holding and applying the Funds or yerifi-ing and rr+tnltiling -°:d assessments and l+ills- The Lender =hall <br />gis=e tv the Borrower, w-ithout charge, an annual arcau-*inK .>f the Funrls showing credits and dehit.s iu the <br />Funds and the purpose far which each debit to the Funtls was made. The Funds are piedred as additional <br />securih- iar the sums secured Ity- fhi.: 1\iorigagY. The Borrower aarrrs that the Funds may' he held by the <br />Lender and commingled with other funds and t}te Lrndc-r"s nwn funds and the Lender max- pad such item. <br />from its aw-n funds and the lender shah not be liable for interest ar dividends r+n such Funds. <br />If the amount of the Ftrnds held by Lender, together with the future monthly installment of Funds <br />payable praor to the due dates of fazes, assessments, insurance premitms and ground rent:, shall exeeeri <br />ttse amount retuired to pay said tales, asse~ment, insurance premiums and ground rent., a they fall rue, <br />such ezcess shall ba, at Barrawez's option, either p^ompLly repaid to Borrower or credited to Borrower on <br />monthly installment of Ftmds. I# the amount of the Funds held b>- Lender shall nett he sutficirnt 2c. }ray <br />razes, scsessmenis, insurance pretrttutn*; and ground zenLs as they fall due, Borrower shall pay to i,tmder <br />any amount necessan• to make up the deficYency within Thirty day; after notice from Lender to Harrower <br />requesting pay~rrtent thereof, ar Borrower shall, b.= an increase in monthly instailmrnts of Funds required. <br />repay the defitaency within the Fund amounting period. <br />Upon pavtnent in full of all sums secured by this Mortgage, Lender shall ap!,1~: Fund hrtd a~ a + rrdii <br />against all sums due. <br />