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INDfYIDUAL
<br />DUE ON SALE
<br />ORTIONAL FUTURE ADVANCES
<br />~^ SAVINGS FUND
<br />p ~i'Ri. -, Fartrn No. 780
<br />L Loan Number_ 40594___~_1$$__~__1__
<br />Type Brpnc~
<br />79--(~[~6$4~ N6 O R T G A G E
<br />THIS MORTGAGE, made and eaecu~ed this ..-.._- /~ __-__ -.-- day of ..... ~~.~e~zer.-_...__._ A.D.,
<br />"S ,f
<br />19..-1-9--., between the ~icutgagor, ._.~arry-_-tromer_and_ Carolyp-_~tromgrx,-hgsband__and_ wife_,.,_,_-_
<br />-1QZrlt„tl..~ttd. gacla in their own right, __
<br />of .GFdnd Island „ „ ,County of -_~il.- ,State of -.lYehraska... .., hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />' LINCOLN, 12:15 "`N" Street Lincroln, Nebraska 65501, its successors and assigns, hereinafter referred to
<br />as Lender-
<br />Wrr^rtsssarx: That the said Borrower for and in consideration of the sum of _.Ft?RTX. THQUS6ND.....-
<br />--------------------~?ollars {L'S 5-- v0,t]00.00..._......._.-...)
<br />.--A~ _1I41.1.Q4---'-~ _ - - _.. _ _ _ _ _ _ _ _ ..
<br />paid by said Lender, doe<c hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />foikewing described property located in the County af -.-.... Hall . ....... ................. State of Nebraska:
<br />z1 tract o€ iar~ cotagrising the Southerly Four Hundred Twenty-five feet($q 25') of the Easterly
<br />Three Hundred Twenty-£ive feet (E32>`) of the Southeast Quarter of the Southwest Quarter
<br />`~'- "~-F v£ 52tti a =' =t ~shir l2 ;~,rth B~ ~~ ttl t:,ecr of the 6th I',*i-_ Hall County,
<br />t~r3 aa~ - '
<br />lYebraska, said tract containing 3.171 acres mare or less.
<br />T3eci~ra€g with ail the improvements now- ar hereafter erected on the property. and all easements,
<br />rights, appnrtetasttc~es, rents, ro}•alties, mineral, oil and ga. rights and profits, roster, water rights, and
<br />water stock, and all ftzttuas now- ur hereafter attach.d to the property, alt of which, including reptaee-
<br />a~nta and additions thereto, shat'. be deemed to be and remain a part of the property crovemcf by this
<br />Mortgage; and ail of the foregoing, together with =.aid property {or the leasehold estate in the event this
<br />Mortgage is as a 3easehold) are herein referred to as the "Propert}°"-
<br />Borrowe; rn4*enanLs that Horrnwer is lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and concer the Property, that the Propertc is unencumbered, and that Harrower will
<br />toarrant and defend generally the title ttt the Property against all claims and demsnds, subject to any
<br />arLaenteertra and restiictians listed in a sr} ~tlule of exceptions to tvverage in any title insurance policy in-
<br />suring Lender's interest in the Property, or (°1 attorney's opinion of title from alxtract of title certified
<br />by honrled abstracter.
<br />Pxavtv~n !ktwaFS, sand these present. are ez~-ute3 and delivered upon the follow°ing c~ndition+, agree-
<br />natn*s and abligatians of the Bcrmwer, to-wit:
<br />The Rarrower r<gr~ to gay to the Lender, or order, the Iszincipal sum of F?~~Y.-SHt713t7 ...--. -
<br />.__d+~.~11L0!Ih----- ---_.-----__ _ _ _Dollsrs ~t'S 3_'~Q.fIUQ.Ofi... .. .__ )
<br />_.._..
<br />payable as provided in a Hate executed a~td deliyert~l, ~+ancurrently herrw:th, tine final Payment of principal,
<br />if not -cwncs paid, on tl~ .'-.>:t da}~ of ~a~'~'~_" , iY 24~
<br />Lratroxre Cot~w~xs•s. Horrocr-r and Lender cz~venant and agree as fcellaws:
<br />L Pvyment ca{ Prixtr:yaal umf Iotereer. Li*arrrrwrr st-a13 laramptly pay w'hett due the principal aE and in-
<br />te~-t txt the ind~tednes= rvideniit3 1,} lily \ute, prriw}nirnt and late charges as pn~vtdcvl m the \ore,
<br />and the prsaeip~ai of and inier~t on ant- Future Adtar.~~t~s .f+-urezl by tt-~is ~tartgagr.
<br />3- Frrads .for Smrms am8 Lrci:rance- Suhiect to Lender s aptinn under paragraphs 1 and ~ hereof, $ar-
<br />aoa~er shall pay u, I.ea±des art tl'~ day monthly instalLnent-s r=f principal and interest are payable under the
<br />!~otc, until the Nate is paid in full, a sum ;herein "Funds" t egos! #o one-twelfth of the yearly rases and
<br />asnents which may affair. priorih' aver th 'Mortgage, and ground rents an the Property, if anp ptu~
<br />otre-twelfth of }early premium insta37rnents for hazszd insurance, plus one-tw-elf#h of yearly prenjium in-
<br />staibneztis for nmrt.gage insuraaoe, if any, ail as reasonably estimated initially and frcim time to time hp
<br />L on the 1tariF of asseacmenLs and bt~ls and reasonable ~timatza thereof, Lender shall apply the Funds
<br />ttr pat said fazes, alts, i~orarrce premiums and ground retft_c- Lender shall make no charge for v>
<br />artd applying the £uads or s~raif3,*ing and compiling said a5sessmer_t> and biU.s. The Lender shall
<br />#.o the Borrower, wit}ioat charge, atr arurval accounting of the Funds shawirtg rmdits and debits to the
<br />tl„ ^~.,,at;to$e • teach ~ Wit. tw the Fesn,ic wVs made. The Funds ate pledged as additional
<br />security for t rum aectrred by this Mortgage The Borrower agrees that the Funds may he heh! by the
<br />Leader earl txrmtnirrgltd ar-ith other toads and the Lender's own funds sad the Lender may pap such items
<br />trots its own foods and the Zander r1saIl sot be liable for interact or dividends an such Funds,
<br />F# the araonat of the 1?'vnds held by Leader, together w~i#Ir the future monthly installments of Funds
<br />pa~hie P to lira due dates o€ , ai~asnrenta, insurance premiums and ground yenta, shall exceed
<br />#~ aetotmt regturi"•sf tae F said taxes, ta, itaswaru,~e pt~emiurrts and ground rents as they fats due,
<br />each p->~~ ahaII be, at S~orrowers option, either promptly repaid to Borrower or credited to Borrower on
<br />Inoat3tly iastallrssenta of Frmds. I# the amount of the Funds held by Lender shalt not be sufficient to pay
<br />fazes, iastrraawe prer>iutns and ground rents as they fall due, Borrower shall pap to Ixnder
<br />any arntxtrrt necessary to make up tare rleE^eacy within thirty days after notice from Lender to Borrower
<br />requesting payment therm#, or Borrower shall, by an increase in monthly installments of Fonda required,
<br />repay the defideacy within the F+ffid atcoontfng period.
<br />upon payment in #iIl of all sunxt secured by this Mortgage. Lender shall appl}~ Funds held a.s a credit
<br />against all slams due.
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