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fN[TIVIDUAI..
<br />IStIE t7N BAt..E
<br />47PTiQiNAt. FL:tTiJFPE AC?VANGES
<br />SAVINGS IF"U'Nl7
<br />FORM Wo. 720-479
<br />~"~ Loan Number_ 42837___-__119_-__1__
<br />Type Branth
<br />79-~~~`~ M O R T G A G E
<br />THIS MORTGAGE, made and executed this . __l~.__...._.-.-..... day of ...._.-Atzgtrst._.-...._..-..... A.D.,
<br />19.-7~-.-, between the Mortgagor, ....>l.uyd.. Rxbl.utC.. and..Zlonna...Ieaz~..Rib,1.aft-,...huaband..and-.r~tife,..
<br />._.lointly..and..eall...in_i<h~ili..4wn..-rj&ht.........._......_._ .. .................... - -- .-...-.-_..... - - -........
<br />of ... Grand..Island.__.._-, County of - .. llakX - _-_.--_ ._...., State of _. 13ebraska._..., hereinafter referred
<br />to as the Borroter, and the ivfortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />Wrt'ivesssTta: That the said Borrower for aad in consideration of the sum of .....TEN_THOUSiSND.-AND
<br />-- -.._>vQ ..1.9.Q..--.------ __ _....__ __ _ ......... -_ ......................... .
<br />-----°------------------------.°-cDollars (US ~.- _. 7.O.,D.00_OU_ .._-....._.)
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />following described property located in the County of _.---....hail ................._..._.., Stste of Nebraska:
<br />E(gjt
<br />The 5outhe~ly One Hundred feet (S 100') of the Easterly Two Thirds (E 2/3) of Lot 88
<br />B1oCk Twenty-Eight (28) in the Original Town, now City of Grand lsland, Hall
<br />County, Nebraska
<br />Tocs'rHex with ail the improvements now or hereafter erected on the property, and all easenments,
<br />tights, appurtenances, rents, royalties, rrrineral, oil and gas rights and profits, water, water rights, and
<br />water sttx~k, and alt fixtures now or hereafter attached to the property, all of which, including replace-
<br />ments and additions thezeto, shall be deemed to be and remain a part of the property covered by this
<br />Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event this
<br />Mortgage is on a leasehold) are herein referred to as the "Property".
<br />Born~wer covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that $orrower will
<br />warrant and defend generally the title to the Property against all claitns and demands, subject to any
<br />.$.saments and re`trietions listed in a schedule of t:xcepfians tv coverage in any title insurance poliep in-
<br />suxting latntit+r's iriterett in fire P rapr?rty, ar (?) attornf~e•'G optmori at htlt iram a'uscrtt~U o. iitlti' st.;ifi;;;
<br />by bander( abstracter.
<br />i'attvutt•=Ia At.w~vs, and tht~c prc~:ents arcs cxe~uted and de.1_ivered upf?n the following canditivns, agree=
<br />=4tstlta attlii .iblig~il!}52i? r)t u P_,
<br />- ~ Ire ~`+tlrt*-ltt'er, t;'' .= I• -
<br />Th:° ii;srrntter 3 ~r~ trs tray ca t.lt~ l~n ~r, or t?.rii'r, rho prineir•~l *titli of irld Tcti313Sp..r.. -
<br />i)ollars l t'S ~ 10>f~Q-. QO )
<br />Ikayable xa l~.mm~idert in a note tset'uted and ilt•]ivereti, concurrentt~ hvrt•with, the lino} payment of principal,
<br />if not srer>ner paid, art the I.st ela~• of . -`~,'tttabr~r 3giiil .
<br />Uutr•`ueM C'uttiv~NTti. Borrower and Linder cavenaut- and agrt~ ais foUatvs:
<br />1, Payment of Principal and hxtereat. Borrower shall prnmptly flay when due the Iiriatc itlal of and in-
<br />tert~:t an the inriehtecinr:sy evidenced by the \ntt, preptt•mtnt and late charges as prat°i~lc~t~ in the Matt.
<br />and the principal of and interewt an any Future Advances stcttrtcl by this iltortgttge.
<br />2. Funds for Taxes and Insurance. Subject to Lender's option under paragraphs i sell ~ trn~ut, Hor-
<br />rower shall 1);ty to bender on the flay monthly installments of princi~tl end intrrtst art ltacahh~ under the
<br />?4ote, until the Nate is paid in fuP, a sum Therein "Funds") dual to one-ttvelfth of the yeaeiv taxes and
<br />~,~., ...hicx• •
<br />„~m~:m@ntfi . tt ritay attain jiriartty aver tt1lti tfnrt~a(;l', and ~Lraun(I 1'ex1tF On the !"rO1H'Ply, if Any plUR
<br />ono-twelfth of yE+arly l;rontiutn instalments for hazard insurance, plus one-twt:tfth of yearly premium in-
<br />stallments. fur mortgage insurance, if any, all as reasanahty ectimaterl ittitially and Frain time to time lIy
<br />Lender on the basis of assessments and Ixilis and roasanabie estimates thereof, Lender shall apply the Funds
<br />,'-'~-` t~3 '~' ~a~, .~~~+=+nii'nIS. ill~iir"zliti:E. ~rf'iniS3n}ti ai3ri }~rnuilil r@ni.~, I~t: n4ltr :~n~[1 nICcRP na f~n2rtz'c Ifrr nfi
<br />vtueY3[y aliti iitt[.alY t73~ the FUndS ar t'eE`trYm[; anti t`nR7p1[Int,T 3alrt aRgt:C4Y 1~f'.tiTti snit t11I[s, t txl. L.talldt'r ~tt:x (1
<br />give to the Borrower, without charge, an annual accounting of thcl Funds showing clttiite and tiebit5 to the
<br />Funds and the purpose far which Batch debit to the Funds was made. The Funds are pirdged as addititlnai
<br />security for the sums secured by this Mortgage, Tht harrower agttiaes that the Funds may hr held by the
<br />Lender and c~lmmingled with other funds and the Lender's otvn funds anti the Lender may gay much itr?ms
<br />fmm its own hinds and the Lender shall not be liable for intensst ar dividends on such Funtis.
<br />If the amount of ttte Funds held by Lender, together with the future monthly installments of Funcis
<br />payable prior to the due dates of taxes, as.Resscnents, insurance premiums and ground reutg, shalt exceed
<br />the amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due.
<br />such excess shall be, at Borrower's option, eithor promptly repaid to Borrower or credited to Borrower on
<br />monthly installments of Fund, If the amount of the Funds held by Lender shaft trot be sufficient to pay
<br />taxes, assea4ments, insurance premiums and ground tents as they fail due, Borrower shall pay to Lender
<br />any amount necessary to make ug the deficiene_v within thirty days after notice from Lender to Borrower
<br />requesting payment thereof, or $orrower shall, by an increase in monthly inatallntents of Funds required,
<br />t4pay the defielency within the Fund accounting period.
<br />Ulaon payment in full of all sums secured by this Mortgage, Lender shall apph• Funds held av a credit
<br />against ail sums duo.
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