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~"~g . ~,n ~N!' l i Il~al"J~II/1'1~3L!~~",kl.. ~~~ a ,. ~ li', If .-.,....-%--~-° Cllr"f"1>CS'pNdt~C. ar"'tll~'7`1'JV~BE ,ACS"ii'~A1MI~'ft',5 ~.~k ~'i'~$ i sa~fra~s ~~aa i ; _~ FaR4f 3+1~ 92fl-ST9 Loan 1~Iumber 4282-_-- 18$____-`--- 79-- ~~ MURTG~iGE TH73 `t3flRTGAGE, made and executed this .-._--9....-._.. -.._...-- day of -.--_s+--------.--..._.. A.D., 19.'?~?-.--, betweer. the 11^Iortgagor, -Z'-f-*gi,1_ ~~,...~f~1se~--an.d.:~oi.s--'f..-i{elsen,.-Lushand-.and.---.-------- ... wife.,...:~aintiy-. an3.-.~acli.-iz_th~f:z.-~.est..ki~ht-.----.--.----°---°--------------°-- of -.. ~r~nd.-island-_.-......, County of ----, H~I.t._--_.------ --------- State of ....IyeUraska.__., hereinafter re#erred to as the Borrower, and the °~Sortgagee, FIRST FEDERAL SAVI\GS AND LOAN ASSOCIATION OF LINCOLN, 1235 "N" Street, Lincoln, Nebraska 08501, its successors and assigns, hereinafter referred to as Under. • e EIGHTEEN THOBSAAID T at t id Borrower foz and in consideration of the sum o, ._...-.-....___ ....._--_..--.._- NL. ~~~ AND NO~b~ ------------------------ 18,960.00 -_ - ............ ............Dollars (US S - - - - - -...) paid by said Lender, does hereby mortgage, grant and convey to )~ nlier, its successors and assigns; the following described property located in the County of ----------------- --------.---.., State of Nebraslca~ Lat Nine (9), Block Fourteen (14}, Packer & Barr's Addition to the City of Grand island, Hail County, Nebraska TacaTxsa with alI 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 water stock, and all fixtures now or hereafter attached to the property, all of which, including repIace- 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 (or the leasehold estate in the eveai this Mortgage is an a Ieasehold) are herein referred to as the "Property". $orrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant. and convey the Property, that the Property is unencumbered, and that Borrower wil! warrant and defend generally the title to the Property against all claims and demands, subject to any easements and restricrions listed in a schedule of exceptions to coverage in any title insurance policy in- suring bender`s interest in the Property, or (?j attorney's opinion of title from abstract of title certified by bonded abstracter. >?$OYiDEB At.w~'rs, and these presents are executed and delivered upon the following conditions, agree- r:s:~i:w W,u :;bliga%i:;..~ of ..,~ Borrower, ta-°:.,~- - The ?3arrawer gar~~e~: to pay to the I~nE'er, or order, the principal sum of .ES.G?1~:,,^?..'?1^';.,x~.'~.,"dY _.N7SIE_IiUI1P]RED..APiD_PIO%L0.0_r---------------rr.--r-r--°-dollars (US "s-18~9Q0~00.------..__- . j payable as provided in a note executed and delivered, concurrently herewith, the final payment of principal, if not sooner paid, on the .....1s1_.-_......_.. day of ---... -- Augus-t -...._..-..._.__.., ~x-2004 Ux:raent Ceti°~xaarrs. Borrower and Lender covenant. and agree as follows: I. Payment of PzincipaI and Interest Borrower shall promptly pay when due the principal of and in- terest on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note, and the principal of and interest on any Future Advances secured by this &lortgage. 2. >'unds for 'Faxes and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof, Bor- rower shall pay to Lender on the day manthiy installments of principal and interest are payahie under the Note, until the Note is paid in full, a s~tm (herein "Funds"} equal to one-twelfth of the yearly taxes and assessments, which may attain priority aver this ll7crtgago, and ground rents on the Property, if any plus one-twelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in- stallments for mortgage insurance, if any, all as reasonably estimated initially and from time to time by Lender on the basis of assessments and bills and reasonable estimates thereof, Lender shall apply the Funds to *~av s°-;rl t_4aes, a~£s.-nents, ='ns•.;ranoa premiuz:,s and ground rants- Lander shall make na charge #ar sa haying and applying the Funds or verifying and compiling said assessments and bills. The Lender shall give to the Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose far which each debit to the Funds was made. The Funds are pledged as additional security far the sums secured by this Mortgage- The Borrower agrees that the Funds may be held by the Lender and eomming}ed with other funds and the Lender's own funds and the Lender may pay such items from its own funds and the Lender shall not be liable for interest or dividends on such Funds. If the amount of the k~ands held by Lender, together with the future monthly installments of Funds payable prior to the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed ' the amount required to gay sa:3 taxes, assessments, insurance premiums and ground rents as they fall Sue, such excess shall be, at Borrower's optiEln, either promptly repaid to Borrower ar credited to Borrower on monthly installments of Fends. If the amount of the Funds held by Lender shall not be sufficient to pay taxes, assessments, insurance premiums and ground rents as they fail due, Borrower shall gay to Lender any amount necessary to make up the deficiency within thirty days after notice from Lender to Borrower requesting payment thereof, or Borrower shalt, by an increase in monthly installments of Funds required, repay the deixeien cy within the Fund accounting period. Upon payment in full of all sums secured by this Mortgage, Lender shall apply Funds held as a credit against all sums due.