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INDIVIDUAL DUE t7N SALE ~~ ~ OPTIONAL FUTURE ADVANCES SAVINGS FUND ~,~ €oara Nn. ?2n-499 Loan Number__ 43655____-__ 188_-__ 1__ True era~cn 79-~ ~i;~sfi~c~3 GV(O F2 T G A G E THIS MORTGAGE, made and executed this ..._...- .! `'......_._. dac of _.._.~ ~E--...._.._....... A.D., 19.7-__, behveen the Mortgagor, ..--Gaxy._~>.- ~_t:herT<og._and_Sa11y.,A. _ B[hertgn,, husband. and_wiLe, ....._jozntZy_._and...~akh..~.n._><h.~~r..4wn..riight ------- of _._.Gzaz?d_L$-><atld._---._„ County of _--._1?ail-„_-__..,_„____-, State of .... -Nebraska,.., hereinafter referred to as the Harrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, 1235 "N" Street, Lincoln, Nebraska 68501, its successors and assigns, hereinafter referred to as Lender. WITNESSETti: That the said Borrower for and in consideration of the sum of __-TWEl3."'Y-.TItOUSANIl..- SZX HUNDRED FZFTY Ah'D NO/200 --------------------dollars (L:S~*"---20,650.00__..----._-.._) paid by said Under, does hereby mortgage, grant and convey to Lender, its successors and assigns; the following described property located in the County of __._-_-Hall_-------___--_.__._-_, State of Nebraska: Lot One {1}, Block Sixty-Nine (64} in Wheeler & Bennett`s Second Addition to the %ity of Grand Zsiand, Hail County, iv`ebraska Tocsrttt:a with all the improvements now or hereafter erected on the property, and ail easements, tights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, roster, water rights, and water stock, and ali fixtures now or ;zereafter attached to the property, all of which, including replace- ments and additions thereto, shall ~+e deemed to be and remain a part. of the property covered bi= this Il4ort-gage; and all of the #oregaing, tagather with su:~t property (or the leasehold estate in the event this Mortgage is on a leasehold) are herein referred to as the "Property". Harrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend genera]ly the title to the Property against all claims and demand,. subject to any easements and restrictions listed in a sche.'.ule of exceptions to coverage in any title insurance policy in- sruing Leader ~ interest in the Property, ar t 2) attorney's opinion of #itle from abstraet of title certifted by banded abstracter. PeOV'ID$a AtweYS, and these presents are executed and delivered open the #ollawing carditians, agree- ments and ab&gatiens of the Borrower, to-w-it: i'ne Borrower agrees ro pay to the lender, or order. the principal sum of .__..t~.?~.97`~__ ~i~liSe1~'i)__SZzi_ ---utt'a"uRn.F7.F'TY._Ah~._21QLifZO..--.----r.--------_-_--_----Boilers tL'S ... 20050..00_......_..----) payable as provided in a note executed and delivered, rnncurrenth- herewith, the ftnal psyrrent of principal, i# trot sooner paid, vn the -- ._.~,?'sL _ . der of 4ct_obGx _ _ D@_2vO4 Uxrrroer~ Cov€v,,.~+•rs. Borrower and Lender covenant and agree as fellows: L Payment of Pritt_^!p¢I ~3 Interest Borrower shall promptly pay when due the principal of and in- terest an the indebtrdttes< evidenced by the late, prepaymenr and late charges as provided in the Note. and the principal of ahd interest on any Future Advances secured by this ifartgage. 2. Ponds fee Tmres amd tasursnce. Subject to Lender's option under paragraphs 4 and 5 hereof, Har- rower shall pay to Lender on the day monthly installments. of principal and interest are payable under the 2vata; ttntal the ?vote is paid in full, a sum :herein "Funds") equal to one-twel#th of the yearly taxes and a~essments which may attain priority over tl=: 'Mortgage, snd ground rents on the Property, if an> plus onatwelfth of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in- stallments for mortgage insurance, if anc, aIl as reasonably estimated inifialh- and from time to time by Lender on tfte basis of a~--sessmants and bills and reasonable estimates thereof, Lender shall apply the Funds ~ Fay stied taxes, amex:ts, ~surance premiums and ground renter Under shall make no charge #ar so holding and aggfying the Funds or verif}•ing and compiling said assessments and bills- The Lender shall give to tree Bortawer, without charge an annual accounting of the Funds showing credits and debits to the Funds and the rnirpoc~ far which °$ch d¢1+=t to t?~a Fir,dt tv;-s made. 7'hs Funds are pledgeii as additional aecrsrity far the snots secur..d by this Mortgage, The Borrower agt~ees that the Funds may be held by the Lertder and rrn:.,r;~gled with tither #unds snd the Lender's own funds snd the Lender may pay such items from its awn funds and the Fender ahaII net be liable for intattist or dividends on such Fonda If the t of fire Funds held by I.ender, together with the future monthly installments of Funds ;~~~ Vim' to the dtm dates of reties, assassmenta, insttiance premiums and ground rents, shall exceed #te anxumt isquiretl t~ gay satd taxes, assea~n~arLs, in+g,.s.nre premiums, and ground rents as they fall due, such excess shall be, at Borrower's option, either promptly r~p~~~ to Borrower or credited to Borrower on rnt!athlY mstallmeats of T+uads. If the amoutrt of the Funds _lreld by Iznder sha11 not br sut£tcient to pay antourtttuts, ''tnaaua~epremiutns and ground rents as they fall due, Borrower shall pay to Lender necessary uF the defitaascy within thirty days after notice from Lender to Borrower reguesttag pa}meat thereof, err $orrvner shall, by an increase in monthly installments of Funds required, repay the deficiency within the Ftmd accounting period. Upon payment in full of all sums secured by thin Mortgage, Lender shall apply Funds held as a credit against all sums due.