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~~ <br />~g„o, ''f ~,~~ <br />INDIVIDUAL <br />DUE ON SALE <br />OPTIONAL. FUTURE ADVANCES <br />SAVINGS FUND <br />FoRe~ No. %2D-4%4 <br />Loan Number_ 43567 ___ -__ 199 __ _ 1_ <br />Type drancl~ <br />MOi~TGAGE <br />THIS :1tORTGAGB. msde and executed this ._.__~3th...__.._.... day of ...... October____ ---.._.. A.D., <br />13_-7y--, between *_he ~Iongager. -_. hTax.F~n.-II....Ha:aghki.zk..and..ElJ.en..E....lloughk_trk>..hushand---...._ <br />'mod ~'fy' d~x?E~.f.}:..3att..eaCh t`P -~h€7r._c.!wn_ri3hka-.------.-----.-----------------_« - - <br />_._.-- <br />of .._.~rand., Island, ___,--, Couniy of ...__.-..._-. _.._Ilall-.-., State of -..iV.el?xaska.---. _, hereinafter referred <br />to as iha Borraw-er, and the \iortgagee, FIRST FEDERAL SAVINGS AI~TD LOAN ASSOCIATION OF <br />LINCOLN, 12x6 "N" Street, Lincoln, Nebraska 68601, its successors and a:,`signs, hereinafter referred to <br />as Lender <br />_ ._..__ . <br />W?x~:e~erx: That the said Bertva°er for and in considerarion of the sum of . SEV123-.T1i0USAND <br />_ A~"13 130/1t30 -________,~__~~_________________.Dollars (LS S ~s.000.00.._.. <br />paid by said Lender. doe, hereby. mortgage, grant and comev to Lender. its successors and a.~signs; the <br />following described property located in the C-ounty of ....HaJ.1-- - ---- --- -- ----_--.....• State of Nebraska: <br />l,(St_ Z232ee f,3'J, Leine Cin~ Suuc'i i.'v'13iv , ~.: v.:~ ~~ - 3= .~.8 ~ 1~1and~ t1a71 (`~_nie•~ !: ~x rasl~a <br />Toc$rxEa with all the improvements now° or hereafter erected on the pmpem•, and ail easements. <br />righis. appunenanc~, rents, myai*_ie;, mineral. oil and gas rights and profits, water, water rights, and <br />water sioek. and all fixture-s now or hereafter attaclxed to the property. all of which, including 'eplace- <br />ntents and additions thereto, shall 1>e 3eerned to be and remain a part of the pmpert}• covered h} this. <br />\~orfgsge; and aL of the foregoing. together with said properly (or the leasehold estate in the scent this <br />?vfortgage is on a leasehold) are herein referred to as the "Property". <br />Borrower covenants that Borrower is laa°fulh~ seised of the estate her~bv cronve}-ed and has the right <br />to mortgage, grant and convey the Propene, that the Property unencumbered, and that Borrower will <br />warrant and defend generally the tide r:. the Pmpert}~ against all claims and demand;, subject is any <br />easements and restrictions listed in a sihedule of exceptians to ~~tsverage in any title insurance policy in- <br />suring lender's intere~-t in the Pmpzrty, ar i?1 attorney'. opinion csf title from abcira~t of title certified <br />b;- hooded all tractor. <br />Psavwao At veers, and tste~ present.: ax eaecvted and delivered open the following conditions, agree- <br />n~nts and abhgations of the Borrea°er. to-w-it: <br />Tae Bormwts a~nrc-~ Te la;y '-o the I.endrr. or order, the _t,~';nci~l van, ;,f - dEI'E.h_TH4;Z~.~D-.-- ---.-- <br />-+' --?3t11~i10..~ .- ~~ ~____-.--.----- - Dialler: aI'S ~-7,OdI3_Q0 ..... - ... ) <br />nex•able as provided in a note executed and delivered, Ivan.urnentl_: herewith, the final pscment cf Principal. <br />if nai sooner paid, on the . - --~--?'s~ Iles of 30'~'~:,;e~• 14 ~~ . <br />L%~;tFC+ax Covrt~a.~.~, Borrower snd Lender ~rocensni and agree as follow-. <br />i- Paymeat of P?inripa3 ~d interest, Btsrmwer -,hall pnimptly pa}' when due the ptancipai of and in- <br />tet~st on the indebtedness evidetrced by the No?r, prrpa~°ment and late charges a= pn:s°ided in the \ofe, <br />and the priacipai of and interes:.rn any Future Advance; secured b~ this 1lor[gage. <br />2 Fvaets ~r 2mces sold Yncn.e~mr¢, Subject to Lendei s option under paragraph. -t and 5 hereof. Bor- <br />rower shall pay to I,er}der oa the day mentl±ty instalLn=.ent4 of principal and an?erect are payable under the <br />Rote, until the Nate i paid in full, a sum therein -'Funds") equal to one-twelfth of the nearly taxes and <br />asneats which may attain prianri over this Mortgage. and ground rep+s an the Prapertc, if any plus <br />one-twelfth of yearlF preanium irtZtal}meats for lsazsrd insurance. plus one-twelfth of t•e.arlti- pt~mium in- <br />siai'~tneat., for mortgage 4nsuranee, if any, alb as reasana6lF• e~.tiaixted initially and from time to ?ime by <br />Lender on the h®sis of as x~ end and bIIIs and reasonable estitnatc~ thereof, Lender shall appl~° the Panels <br />to pa}° said tsz~s, assessments, insurance pmniiums and graund rents. Lender shall make no charge for so <br />holding and appl}'ing the Funds or verfying sad ccsrnpiling said accascments and hills. TS-°, Lender shall <br />Bice to ttbe Borrower, without charge, an annual accounting a€ the Funds showing credit; and debits to the <br />m~, asd tl:e ;~_ .~ whiff ~ 1 debit to ~'te t~.;nds a'as rnada. The Funds any pl~Jged as additio:=al <br />security for fire soma aer?xmd by thin •tfartgage. The Harrower agrees that the Funds map be held by the <br />Lender sad caamrit+gled ccith other funds and the Lender's own funds and the Lender may pay such items <br />from its own ftmds and the bender shall not be liable for interest or dividends or+. such Funds. <br />If ~ amount of the Fmtds held ity Leader, together with the future manthiy installments of Funds <br />payaltle prior to ttxe due datxs of fazes, aarertts, inx~^rsn`w pnemitxms and ground rents, shaIl exceed <br />tlia amoarat req! ttr pay said taxes, entst, irrsttrance pr~niums and gtvrand rents as they fall due, <br />sn+~lt eaae~? Abell be, at Barmwer's option, either promptly repaid to Borrower or credited to Borrower on <br />montlilp ittzatsllmext~ of Fonda. I# the amount of the Funds held by Lender shall not he sufficient to nay <br />fazes, asseasmertta, insurance premiums anti ground rents as they fall due, Borrower shall pay to Lender <br />app amouni necessary to make up the deficiency within thirty days after notice from Lender to Borrower <br />requesting payment then~f, at Borrower shall, by an increase in monthly installment, of Funds required, <br />repay the deficiency within the Fund accounting period. <br />I3pan payment in full oI all sums secured by -this biongage, Lender shall apply Funds held as a credit. <br />against all auras due. <br />