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LIN~LN
<br />7^i°+J v~~~V~
<br />INbtvlbuAla
<br />DUE ON SALE
<br />Ot~7fONAL FUTURE AbVANC~S
<br />SAVINGS FUND
<br />fbnrr No. 7zw499
<br />Loan Number__~2810--- -185-- --PI-h
<br />M O R T G A G E
<br />k , s f ......_.. A.D.,
<br />THIS MORTGAGE, made and executed this ._....._~.......-._..... day of ........~.,f ....._... .
<br />19..1x1.-, between the lvlortgagor, .L1ikQ..T....Fuller-,--a.single_person,.__.--.------------------...._.....-....___...
<br />of Grand-,-tsland___.-_.._-, County of -.....__.iiaZl........._...__, State of ..Nsbzaslsa........, hereinafter referred
<br />to as the Borrower, and the Mortgagee; FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />' LINCOLN, 1235 "N" Street, Lincoln, Nebraska 6£3501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />W[T~asseTH: That the said Borrower for and in consideration of the sum of .T~?9TY. TWO_ TEiOtJSAND
<br />FZVE HUNDF.BD P.ND NO/100------------------------------Dollars (US ~..22,.500...00-------_._..-....)
<br />paid by said Lender, does hereby mortgage, grant and convev to Lender, its successors and assigns; the
<br />following described property located in the County of .........-Hall ,State of Nebraska:
<br />Lot One Hundred Seventy (170) in West Lawn, in the City of Grand Island, Hall
<br />County, Nebraska
<br />Tarr:7•F[t.s with all the improvements now or hereafter erected on the property, anti all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />water stack, and all fixtures now or hereafter attached to the property, all of which, including replace-
<br />ments and additions thereto, shall be deemed to be and remain a part of the property covered by this
<br />Mortgage; and ail 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 />Borrower 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 unencanbered, and that Borrower w-it1
<br />;~a.aa rx y`c~; i „„,,..,,n,. +tio +i+[n +n the Pmrwrty against all claims and demands, svbjeck to any
<br />,.~ , ,j., ...... ~ -
<br />eascnrents and restrictions listed in a scheclute of excepT.ians to coverage in any title insurance policy in-
<br />surint; bender's interest in the Property, or t2) attorney's opinion of tine from abstract of title certified
<br />by bonded abstracter.
<br />Pauv[ot~:n ALGV,4Y:~, and these presents are executed and deliver€=d upon the following conditions, agree-
<br />rnant+ and ohligatitrns of than Btrrr„~-^a•, to-wit:
<br />`I'ha Harrower agrees to pay ra the Lender, ar order, the princsipal sum of -TWEI`I~'Y _ TS~4 TIi~L~,AlIA
<br />1
<br />f'TVE HL[NDYED AND N0, 100--________..________....__..__-" Dollars (f S $.,22:~OG.00 )
<br />payahL3 as provided in a Hate exeentrd anri delivored, ronrurrently herewith, the Final Fragment of principal,
<br />ii not. sooner paid, on the First dz,y of . September ~K 2004
<br />litvtr-€rttmt Covr•:tiaN•['s. Borrower and Lender covenant and agree as follow.:
<br />1, Paymer;t n{ Principal and Int®rest. Bormwer shall pronrl>t1y pa>• rvhen due the principal of and in-
<br />tenst an the indebtedness evidenced by the Dote, prepayrnent and late charges as provided in the 'lute,
<br />and the principal of and interest ore any Future Advance, secured 6y this Aturtgage.
<br />2. Funds for Texas and In~:urence. Sut>jcx^t to Lender's option under paragraphs •t aad ~ hert•trf, iitrr-
<br />rower shall pay to Lender on the day monthly installments c,{ principal and interest acre payable under the
<br />Not;=. until t-ht^ ?Mote is paid in full, a sum (herein "Fords"') equal to one^-twelfth ref the <~rarly tuxes rand
<br />aasseanvmerrts rhicF~ may attain priority over thi 4ltertnage, ant! ground rent;€ on the Pml'<~r=.~~. if any pins
<br />one-twelfth of yearly premium installmeni~ for hazard insurance, plus one-twelfth t.f yearly premium in-
<br />atallments far mortgage insurance, if any, all as reasonably estimated initially and from time frr tone by
<br />Lender on the basis of assessments and bills and reasonable estimates thereof, Leander shall alrply` the Funds
<br />to pay s;?iti tax€ :, a~eessm -nts, in- *ance premiums and ground rants, 1-~endrr .ti}all mak€' no charges far uo
<br />!:oidirg And Applying the F' ^ds ar .erifyi - ^d , U...l;ilir.;; Said a~~~ ment_ and bill'? ThF, l ~~,dar +h::lt
<br />give to the Borrower, without charge, an annual accounting of the Funds showing cntfit"v and dehitc to the
<br />Funds and the purpose far which each debit to the Funds was made. The li'unds are pledged as additional
<br />security for the sums secured by this itilortpage. The Iarrower agrees that the Funds may be held by rho
<br />!!.ender and commin4led with ether funds and the Lender's own funds and the Lender may pay such items
<br />from its own funds and the Lender shall not be liable for interest or dividends an such Faurds,
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds
<br />payable prior tti the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed
<br />the amount required to pay said taxes, assessments, insurance premiums and ground rents ac they fall due,
<br />such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on
<br />monthly installments of Fvnds. I# the amount of the Funds held by Lender shall not be sufficient to pay
<br />taxes, aayessment"g, insurance premiums and ground rents as they fat! due, Borrower shalt pay to Lender
<br />any amount necessary to make up the deficiency wfthin thirty days a#ter notice from Lender to Borrower
<br />requesting payment thereat, ar Borrower shall, by an increase in monthly instaHrnents of Funds required,
<br />repay the deficiency within the Fund accounting period.
<br />upon payment in foil of ail sums secured by this Mortgage, Lender shall apply Funds held as a credit
<br />_~Ainet nil .,,roc rl rr,.
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