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<br />Tfil s =fGRTC;A~:,E, mad^ ~ a ,.r n
<br />i m^,~ ~xeCllte,. t^i'- ... .... ~.-......--- uaj ,., . .. - . . .. - A..,.,.,
<br />_...
<br />l3. '~~.., lx-t~ceen the °~f¢rtgagvr, .Nar,res -Jr, ~zpaa ; .a..~ Sar.rl a ,1.. T'1~3~p ?u'> .hutsv?aw ~R4'-.-_-
<br />..-,-,rife..' ~.,,-,<...an3. eawh...f,»...tte~z..!~-:~..~iglr}~ -- - ----
<br />j vj.x.s.:.j.
<br />of ...Cza~d .lslartd.......-., County of ...lie?1-........_.... _-. ...., Stet? of ebras'ga.. _.., hereinafter referred
<br />to as ine Borrawer, and the ~lorigagee, FIRST FEDERAL SA~.'iNGS A~'T1 LGA:1 ASSi3CIf1TIG'3 GF
<br />LIN4.:GLlti, 1135 "iii" S*reet, ? incoln, ~iebra-lca S$~Ol. its successors ana assign-:, hrreiaaRer referred to
<br />as Lender.
<br />~tr~l:sse-x: That the said l3arrawer for and in cronsideration of the sum of _FOIiTX-PDT.--..._..-_-.
<br />_.-PIOUS,~'1D-.tt'`]1?_NO~lOQcr..-----.--------.----.-..-.--Dollars(liS5..44-,OQo,4o-__ _..._.....)
<br />paid by slid Lender, does hereby mortgage, grant and convey is Lender, its successor and 2.ss=~^~; the
<br />follawiag described property located in the County of ..--- }ia12-..-,-,.--_,......._..---.., State ¢f Nebraska:
<br />Lot Se~=e~. {7}, Capital Heights Sixth Subdivision, Hall County, vaebraska
<br />ToasTxea vzth aII the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />°svater stack, and alI fixtures now or hereafter attached to the property, ail of which, including replace-
<br />ments and additions thereto, shall he deemed to he and remain a part of the property covered by this
<br />Mortgage; and ail of the foregoing, together with said pr¢perty (or the leasehold estate in the event tills
<br />Mortgage is on a leasehold) era herein referred to as tfle "Property".
<br />Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower w-iIl
<br />vrsrr~t sad defend generally the ti#In to the Property RaRinSt all clai~rls and dQmands, subject to any
<br />easr~menis and restrirtinn~ liRt~ in a schedule ¢f eaceptiaas to coverage itt env title insurance policy in-
<br />suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract ar title certiSed
<br />]#y handed abstracte_*.
<br />P~3virrE:; nt,wats, -arid these presents are ~x2ruLz-~ and dsliv2rad :;pon the fatlaw';ng carditians, agte¢-
<br />men:.~ acid cirhbatrons of the Harrower, ti-ti"it:
<br />°? ue lsarrawer agrees to pay to the Lender, ar order, the principal slzm of .?`~`$-ic_=~'_ }v'~~..v.-
<br />--A,?ID-;!i~/.100--.-°---.--°-----.~~_~~-------------- - , L4 000.00
<br />- - - - - - Dollar., (LS 5._..-...+...._-- - - - --l
<br />payable as pro~7ded in a note executed and delivered, concurrently herewith, the final payment of princinal,
<br />if not sooner paid, on the ..__ F-izst..-...-.. day of ----,august-------------_._.---....., ~I.20Q9
<br />Ui'itFOEM Covex~;.~rs. Borrower and Lender covenant and agree as follows
<br />1. Payment of Principal and Interest $orrower snail promptly pay when due the principal of and in-
<br />tetest on the indebtedness evidenced 6y the Note, prepagment and late charges as provided in the Note,
<br />and the principal of and interest on any Future Advances secured by this 14lortgage.
<br />2. Funds far Taxes and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor-
<br />rower shall pay to Lender on the day monthly installments of principal and interest are payable under the
<br />Nate, until the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yearly #axes and
<br />assessments which rna}= attain priority aver this llortaage, and ground rents on the Property, if any plus
<br />arte•twelfth of yearly premium installments for hazard insurance, plus one-twelfth ¢f yearly premium in-
<br />stallments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by
<br />Lender an the basis of assessments and bills and reasonable estimates thereof, I.ende- shalt apply the Funds
<br />rte, ~y sad ;~n~, assesants, in3a~~n~ fretr,lu::s az.d ground rests. I~rder shall mza;~a rto chargr far sa
<br />lt¢ldisg and applying the Funds or verityrng and compiling said assessments and bills. The Leader shalt
<br />gins to the Borrawer, without charge, an annual accounting of the Funds showing credi#s and debits to the
<br />Funs-and the purpose for which each debit tq the Funds was made. The Funds are pledged as additional
<br />ilectu%ty for. fire sums secured hy- this Mortgage,- The $arrower agrees that the Funds may he held by the
<br />Y.ettder and comririagled with other funds and tl:e Lender's own funds and the i,ender map pay such-items
<br />from its. own funds and tl~ Lender shall not be liable far interest ¢r dividends on such Funds.
<br />If the- amount of the Ftanncks held by Leader, together with the future monthly installments of Funds
<br />payable prior to the -due dates of fazes, assessments, insurance pzemiuats and ground rents, shall exceed
<br />the amount r~uired to: pay said fazes, assessments, insurance premiums and ground rents as they fall due,
<br />such ~acess shall ise, at-Borrower's ogtiaa, either grclmgtly repaid to Borrower or credited to Borrower on
<br />aicratliiy mstallrr.ents of Funds. if the amount of the Funds held by Leader shall not Ore sufficient to gay
<br />taxes, aseessmerlts, nsst;rance premiums and grozmd rents as they fall due, Borrower shall pay to Leader
<br />nay am~lunt necessary to rnalte up tote-deficiency within thirty days after notice from Lender fo Harrower
<br />requ€sting payment thereof, ar Horrawex shall, by an increase in monthly installments of Funds required,
<br />racy fife _eficiency ~„vn-tile lured a~cYr'~T~.;ig period.
<br />Upon payment in full of all sums secured by this Mortgage, Lender shall apply Funds held as a credit
<br />against all sums due,
<br />
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