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. ,„anm,o~,, a. INDIVf~UAL tsUE 43N SALE LYP71©hli4L ~'U`I'URE ADVANCES SAVINGS f=1.7ND ~- ~„ F~~wM Np. 72n•A98 ~~ ~'~ Loan Number__ !?741 __-_ 188 _-_ 1___ *rae e.,,~~n ?g_~ Mf~RTGAGE THIS MORTGAGE, made and executed this ..__.......~2.~...._..... day of ._...r't.c.~~,......._......._. A.D., 18...'t.G., between the i\Rortgagor, _...James..F,..-11z'odes.ky..a[id..~ackaxa...G...,IIt•.adeclcy,-.ktuabaztd........... ---.. an~,-wife,-. jointly.-and_-each.->,n.- their.. own..r2g(}t,---..-• ...............--....- of ...Grand_.Island...___., County of -.-Hall_....,„_.-.,-_,-.__---, State of .._~[gh~.?Ska......., hereinafter referred to as the Borrower, and the irlortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF , LINCOLN, 1235 "N"' Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to as Lender. V4iTtaesseTx: That the said Borrower for and in consideration of the sum of ..N'1;X-S xX ................ . THOUSAND. ONE.. HUNDit~..AND. N0~100-------r.---r.-------.-Dollars (US $--2~t,.1.QQ..9~._.._..-.....----) paid by said Lender, does hereby mortgage, grant and convey to Lender, its successor; and assigns; the following described property Located in the County of _.Ha17,._._ ....................._--., State of Nebraska: The Westerly Fifty-five feet (W55') of Lot Two (2), Block One Hundred Twenty-eight (128) in Union Pacific Railway Company's Second Addition to the city of Grand Island, Hall Coucr~y, Nebraska Ttx.tzrirrc with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royaltieq, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the prc,perty, all of which, including .replace- ments and additions thereto, shall he 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 event this Mortgage is on a leasehold] are herein referred to as the "Property". Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and cam•ey the Property, that the Property is unencumbered, and 'that Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any eaements and restrictions listed in a eehedule of exceptions to coverage in any title tnsuranee policy in- suring Lerder's interest in the Property, or t2) attorney's opinion of title from abstract of title certifted by banded abstracter. Pacvu,ty At,wAYS, and these prey€ants are executed and delivered upon the #atlowing conditions, agre~- ments and rhligatians of the borrower, t~~-wit: The llorruw~,r agrees to ppaay tr, t-he Lender, ar ortlt~r, the prini~ifati sum of __TG?B.'=iTY~-BZX 7~1vHSAAIA .. qfd~ H[.riV[7l~t;G,Ah1D NO/1(7f~-- a__- __._ ......... 2k,llars (US ~_ 6.,IOO,,Oa ._..._... payable as provided in a note executedi and d€ itverc~d, concurrent]>~ herewith, the final payment of principal, if not. sooner paid, an the _ Fl>;st day of Suptemkrez 19 99.. UNtNY)Rirt CuvsN,ttvrs. Harrower and Lander covenant and agree as follows: 1. Paptnant of Principal and Interest. Borrower shall promptly Pg}' when dua• the principal of and in- terest an the inciebtedneas evidenced by Ehr Nate, prepayment artd late charges as provided to the Note, and the principal of and interest on any Future Advanet:, ,ee'uretl by this Rfortgage. 2. Funds for Tars and Insurance. Subject to Lender's option under paragraphs d and 5 henuf, Bor- rtrwer shall pay to Lender on the day manthlr installrents of princilt,rl anti interest are payable under the Mote, anti! tlr€~ Note is ~icl in foil, a sum (herein "Funits"f t-c~itai to onc-twelfth of the yeaely tazos and Ass!nents which may attain priority over this Marit;ag,€~, anri t;rottttd rents cm the 1=roperty, if any plus one-tweltt.h of year!}' premium installments far hazard insurance, pia. one-twelfth of yfarly premium in- rrtatlrnents far mortgage insurance, it env, all as reas€,nahly c>ti:timatecl initially and from time to time by Lender an the basis of assessments and bills and reasonable estimates thereof, Lender shall apply the Funds "n , ""t tv`~, ~~sr- - :s insurancu };~~rztiumz; anti ~rouncf rants. lender shalt make no cjtarge for as ..,g t,,, app,,,,ng t.,~ a=,d; ar veii[}'tn anti comoifin card assa~smints a h,.if~t`.; -;,rat '.,; `'.~ F'•° g t4 ~ nci hill.. T-tte- Lender shah give to the lorrower, without charge, an annual accounting of the Funds showing credit. *=nd debits to the Funds and the purpose for which each debit to the Funds was made. The Fonda are ple~tgctl as additional security far the sums secured by this 14tortgag:~. The Harrower agrees that the Fonda may be held by the Lender and commingled with other funds and the Lender's own funds and the Lender rosy pay such items from i#s awn funds and the Lender shall not tie liable for intetnst or dividends on such Funds. If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates of tttzes, assessments, insurance premiums and ground rents, shall exceed the amount roquired to pay said taxes, assessments, insurance premiums and ground rents as they fall due, such excess shall !>Q, at Born?wer'r. option, either promptly repaid to Borrower ar credited to Borrower on monthly installments of Funds. If the amount of the Funds held by Lender shalt not be sufficient to pay taxes, assessnments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender any arn:runt necessary to make up the deficiency within thirty days a#ter notice from Lender to Borrower requesting payment thereof, or Borrower shall, by an increase in monthly installments of Funds required, repay the deficiency within the Fund aeeaurtting period. upon payment in full of all sums secured by this Mortgage, Lender shall apply Funds held as a credit against all sums due.