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91~i~1V{>~1J,clL. ,~ ~~~~ p7L1~ f7N a~kL~ ~..ab, ~P'n`[f7NAL F'EJ!TUFiE Aet]WRSVC'L5 ~~gV ~ 5~.t111'~G5 F'd.l'N't3 FARM Na. 720^S79 Loan Number__4?23f3_-- --188--~_1-_- 79-~ ~ ~%~~~ M ~ F2 T G A ~ ~ THIS MORTGAGE, made and executed this .-__ .... ~ _._..._._... day of .-,,~~~.~..-_-.- -..- A.D., 19-7~..-., between the R~lortgagor, _G,_Wayne.-T3ol.ck-and.-Sharlene-,J.._Maick,-..husband.. and.wife.,_.. joiptly,.and..each in. their own right_,_,___.. of .__.__Orand-.Island...-, County of .......Hall...-.-_._..._,_., State of -..-tdebraska , ,hereinafter referred to as the Borrower, and the b4ortgagee, FIRST FEDEF,AL 5A~'INGS AND LOAN ASSOCIATION OF LINCOLN, 1235 ` i'~l" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to as Lender. WtTr?ESSeTx: That the said Borrower for and in consideration of the sum of .SIXTY_THREE_THOUSAidD -- EIGHT..HBNDREB.. AND.. NO(100_--_---------------------.------.-Dollars (US $...63-, 800, QO ...................) paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the following described property located in the County of _......Hall.,-.._.__--_,-___.,.__„ State of 1~'ebraska: Lot Ten (10) in Capital Heights Sixth Subdivison, being a part of the Southwest Quarter (SW 1i4) of Section Two, Township 11 North, Range 10 West of the 6th P.M., Hall County, Nebraska. TocETxea a~th all the improvements now or hereafter erected on the property, and alt easements, rights, appurtz:nances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stack, and alt fixtures now or hereafter attached to the property, at! of which, including replace- 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 for the leasehold estate in the event ibis 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 convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the Property agair_st all claims and demands, subject to any aasemants and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in- sut~ng L~-tdcr'= int~.rest in the Property, or {2) attorney's opinion of title fray abstract of title certified b_v bonded abstracter. Paa~v???r:t, ^?.u~nys, and the>e presents arc. executed and delivered upon the following conditions, agree- ments °nd ab'iga*€nn .c;t tl;u liorroe:er; to-wit: '1`hc ~nrrower agrerw to pay to the ender, ar order, tthe principal sum of _ ~ 1XTl-_ THREE- FHOU_S~1tiB, ~IGii,T. HUtiTiHh?_ Vii? t~`0~.100..------. ------ °--------dollars f t S :~ . E3,900.00 ) payable as pravuled in a note executed and delivt*red. 4~~,ncurrenti~- herewith, the &nal payment of principal, if not sooner paid, on the . _. - _l:.i.rst- -.. day of .- SeP>;ember.-. _. .. ,. _, __.,1~:9 2004 UNtr<,ani Cavt:~ta:.TS. i3c>rrawer and Lender covenant. and at;rc~ as follows: I. Payment of Principal and Interest. I~ornurer shall promptly pay when due the principal of anti in- terest. an the indebtedness evidenced by the Hoke, prepayment and late charges as provided in the Natr•, and the principal of and interest on any Future Advances secured by th~ ; Mort--gage. Z. Funds for Taxes and insurancE. :ubji~c:t to Lender'; option under paragraphs ~t anct .', hereof, Ror- rv.,wctr shall pay to Lender o?t the day monthly instailm.,~nts oC principal and interest are payable under the Note, until the Note is paid in full, a stun therein "Funds") equal to one-twelfth of the yearh• tuxes and assessments which Wray att.tin pdaritY ovor thi4 ~lart~ate, and ground rents on ttae 1'rutx~tt<•, i1 tiny plus one-twelfth of yearly premium instajlments fur hazard insurance, plus one-'twelfth c r yearly premium in- staliments far mortgage insurance, if any, ut! as reasonably c~.timated initially and Pram tim,• to time by Lender nn the basin of assessme?rts and bills and reasonable estimates thercrof, Lender shalt apph• the Funds to pay a<~id t_fl~a5, a~~~~4tn~«t±s_ it u nee p*'~T=vtr~~ ~? ^r nd r°nr~. Lender shall make nc~ clt ~e t_'e_,r sea balding and alapiying the Ftznt3s ar verifying and e~.n,.iling s:ticl assesantents and hills. The ? s?.. uh.til give to the Fsarrower, without charge, an annual accx~unting of the Funds shawfng credits and debits to t;~e Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as adclitianal security far the sums secured by this lylortgage. The Burrower agrees that the Funds may be held by the Lander and commingled with other funds and the Lender's own funds and the Lender may paY such items from its own fcmds and tFie Lender shall oat be liable for iaterest ar dividends on such Funds. If the amount cf the Funds held by Lender, together with the future monthly installments of Funds payable prioz to the due dates of taxes, assessments, insurance premiums and ground rent_K, shall exceed the amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due, such excess shall be, at I3arrawer's option, either promptly repaid to }3orrower ar credited to 13arrower on monthly installrrzents of Funds. If the amount of the Funds held by Leader shall oat be sufficient to pay taxes, assessments, insurance premiums and ground rents as they Pali due, Borrower shall pay to Lender any amount necessary to make up the deficiency within thirty days after notice from Lender to Borrower requesting payment. thereof, or Borrower shall,- by an increase in monthly installments of Funds required, ?spay the dencieney withiri rho Fund a~aunting period. L'pon payment in full of alt ewes secured by this Aiortgage, Lender shalt apply Funds held as a credit against al! sums clue.