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IMDIYlDUAt_
<br />DU'E C~l~l SALE
<br />~ '~° oprloriAt_ Furu>:z~l= ADYANOEs
<br />SAYINGS FUND
<br />FaaM No. 72Ct-4°79
<br />Loan Number_ 43060 _ _ _-188_ _ - 1
<br />
<br />M O R T G A G E
<br />THIS MORTGAGE, made and executed this ...-_...-~~._ .............. day of ._..~~EquSf......_.__... A.D.,
<br />19..~~..., between the Ibtortgagor, ..St~war-t: -5-,..Fcts.>;try'...dttd--Ro;3e..M:...Fo.~t~r,..hu~b.?Rd..~nd..W,J-.P.e,--
<br />~a~.nt;7,y-- ~tld..each_ zt_t:htrir--own_t:~.~Itt>........__ ..._.. __......._......__...._-._._-___---.---_........_.__.-..-...-.
<br />of .-.Grand-.Island.- ._...., Count}- of . _- -I1a11 -_ ._. _... -._., State of .NehLaska........, hereinafter referred
<br />to as the Borrower, and the vlortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, 1`2'35 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />WrTxtissF•rx: That the said Borrower for and in consideration of the sum of ._TIIIRTY_TIIiO_THOIISAND
<br />F9UR..t1UZ11?RbA-.,ANR_1Y0L7.0.0-------.---c-----r.---cr.----r.--- _Dollars (US $....32,49.0.-09__ .............)
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />fo'dow~rg described property located in the County of ........... Hal..l ......................... State of Nebraska:
<br />The South Thirtyrone feet {831') of Lot Nine (4), Block Twelve (12), and the worth
<br />Twenty-nine feet (N24') of Lat Ten (10), Block Twelve {12.), West Park Addition to
<br />the city of Grand Island, Hall County, Nebraska
<br />TocsrxK:e cyith all the improvements now car hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royal±ies, mineral, oil and gas rights and profits, water, water rights, and
<br />+~.tt<+r stock, and all. fixtures now ar heroafter attached to the property, all of which, including replace-
<br />ments and additions thereto, shall be deemed to be and romain a part of the property covered by this
<br />14tortgage: and all of the foregoing, together with said property (or the leasehold estate in the event this
<br />Vfortgage is nn a leasehold) are herein referred to as the "Property".
<br />Borntwer covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and conve}° the Property, that the Property is unencumbered, and that Borrower will
<br />warrant and defend generally the title to the Property against atl claims and demands, subject to any
<br />easenents and rc=st:rictions listed in a scheduIe> of exceptions to coverage in any title insurances polity in4
<br />surirtg I.i`ndE=r's inter%st in the F'ropr•rtn, or ('~i attorney's opinion of title from abstract of title certified
<br />Ity ltondert abstracter.
<br />Poor°uran AI,w.~YS, and these presents are executed and deliverE~i ttpun the following ~~onditions, agree-
<br />IiicntS and clhilr:Fa liiiIi:~ tii rite ~iirrirwer. t~3-:S'it_
<br />'!'he £3r=rY,=~•e=r age°=~es t~ pa. to the t~^tf~, cr order, *.ltr p:~.ncipal 3uE z .}t . TI?.TzRTV..'?' =Rt.?s?SANS
<br />F.OUTA.IIUNDRED..ANII- N01-100...--cc-_----.~----cc----------- Dollars tf'S +..3.2..400.40.. }
<br />payable as provictecl in a note executacl and delivered, enncurrenth• herewith, the final pa}•ment of principal,
<br />if not sooner paid, nn the . First. day of ~ept<ember ... ,1~7IC 2009
<br />Lirvrr•`crrrnr Covr=,xnnF•t:a. Borrower and Lender covenant and agree as follows
<br />i. Paym©nt of Frincipal and Inierest. Bnrrcrwer shn{{ pnxuptiy pay when riue the princilxrl of and in-
<br />terest on the indebtedtsrms c.vir.ienced b}• thc~ ',Vtotr, prepayment and fate charger; as prodtde~l ire the ;4toke,
<br />and the principal of and interest ors any Future Adva .cc•s secured by this Mortgage.
<br />?,. Funds for Taxes and Insurance. Suh,ject io header', option under parragraphs 4 Farad "i hereof, F3ur-
<br />rowe~r shall pay to Lander on the drry monthh~ instalirnents of principal and interest. rte<~ payable under the
<br />Note, until the itiote ix paid in i'uLl, a smat tlaereitt "Funds.') syna! t{:I tznF•..twelfth of the ye~riy tuxes and
<br />asses~;mQnts which tnay . ttrilt priority over this \iori;;ar;e, and gruuncl rents nn the I roperty, if r?n}- plus
<br />oar-•twelfth of yearly prelrzium m5ta~lnzents t`oe hazard insurance, plus cute-twelfth of yearly prantiunt irt-
<br />atallments for mort-gage insurance, it auv, all as reasotzahly eatinrated initiafly and from tintr• to tirue by
<br />Lender on the basis of assessments and hills anci reasortahle estimates therrstf, l,t>nder shall appl, tttN Funds
<br />'•t: r~y s-ri-3 tE~s~•- a ~€=k~itiE tt~~, irF3u=arx~ [-r rr~iurta tend grotlnf :~~nt3. l.e`=ndt~r hail Irtali~ rro r t~- fs
<br />holding .°nci apl.lying the Funds ire vrrifti°ing and c'~~rnpilint; said ass~stnertts and bills. Ttir i~cntlt•t s%t.rll
<br />l;fve is the I3arrower, without charge. an annual accounting of the Funds showing credits and di~hits t.u the
<br />Funds and the purpose for which each debit to the Funds was made. The Funds are plr~cigerl as additional
<br />security fur tiro soma secured by this Mortgage. The Borrower agrees that the Funds may Iris held by the
<br />Lender and c,•atmmingled with other funds and the Lender's own funds and the Lender may pay such ikema
<br />fntm its own funds and the Lender shall not be liable for intet~st or dividends on such Ftrnds.
<br />If the amount, of the Funds held by Lender, together with the future monthly installments of Funds
<br />payable prior to the due dates of taxes, assessments, insurance premiuts and ground rents, shad exceed ,.,,,
<br />the amount required Lo pay said tetras, aFtsesaments, insurance premiums and ground rents as they fail due,
<br />such excess shall be, at Barrawer's option, either promptly repaid to Borrower nr credited to Borrower on
<br />monthly inst:alhnenta of Fetrrds. I# the alnount of the Funds held by Lender shall not be sufficient to pay
<br />taxes, assessments, insurance premiums and ground renter as they fall due, Borrower shall pay to Lender
<br />any amount necessaryr to make up the deficiency within thirty days after notice from bender to Borrower
<br />requesting•pavmerat thereof, or Borrower shall, by an increase in monthly installments of Funds required,
<br />repay the deficiency within the Fund aecauntfng period.
<br />Upon payment in full of all same secured by this Mortgage, Lender shall apply Funds held as a credit.
<br />against. all stuns due.
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