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INDIVIDUAL
<br />DUE ON SALE
<br />OPTIONAL FUTURE ADVANSrES
<br />~ ~~+~ , SAVINGS FUND
<br />s ~~~~~~ s~,~ FORM No. 720-474
<br />Y1~6r~.If.1~ loan Number___416j3___ _Y88__ ___1__
<br />Ty Oe drancn
<br />79.Q~.3b$~6 MGRTGAGE
<br />THIS 1l1iORTGAGE. made and executed this ._-_-18._-__._._..--.. day of ...-_.octoner-.__..-._._.-. A.D.,
<br />I9.-19-.., between the A#artgagor, ._.I3xXaII..A.,-. rtat:.e1~.-~??a--Kathi.-Ann_"iatejka,..husband..and.......--..
<br />_...~.fay...i.c~a,atly_.aztd.-ea.Fk-.ha_th~ir-.octet-right- -- .-.._ ............._..__..._..__....... _ - --- -
<br />of - ..Grid.. F.;;ltt,~d.-......., County of -_------ HaI,1....-.---_.----.-, State of _-----, Nebraska ,hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCt?L:\, 1235 "N" Sireet~ Lincoln, Nebraska &f?501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />Yttrrrea-ssr'tt: That the said Borrower for and in consideration of the sum of .-.FORTY__FIVE_THOUSAND
<br />---~-.IiLlli'A$ED.-ANl?..N01.f{?4.---°-.--------------------- Llollars {US:-...45.,2QO,OQ_...- - -- 1
<br />paid by said Ixnder, does hereby mortgage, grant and comet to Lender, its successors and assigns; the
<br />fallowing described property Located in the Count}• of .. ...... ......... .. Hall._,,, .,-, State of Nebraska:
<br />Z.at 1t.=elve {12), Ross Heights Secon' Subdivision, Hall County, Nebraska
<br />TxDCCv +yith all the improcentents non- or lsereafter erected on the property, and all easements,
<br />rights, appurtettant~, tents, royalties, ttuneral, oil and gas rights and profits, water, water rights, and
<br />water stock, and all fixtures now or hereafter attached to the property, all of which, including r+eglate-
<br />meats and additions #hereto, shall De deemed to be and remain a part. of the property covered b~• this
<br />Mortgage; and all of the foregoing, together astir said property {ar the leasehold estate in the event this
<br />Iafortgage is an a Iea~holdl are herein referred fu as the "Property"
<br />Borrower rnvenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />is mart.gage, grant and canvev the Property, that the Property ~s unencumbered, and that Borrower adll
<br />Warrant and de#end genemi?y the title #o the Properh against all claims and demands, subject to aoy
<br />easemen#s and res#rictiatts 3isted in a schedule of exceptions to coverage in any title insurance policy in-
<br />suring Lender's interest irr the Prapem•, or (?1 attorney's opinion of rifle from abstract of tine certified
<br />by banded abstracter.
<br />Psovmrrn ~w!,~a and these presents are executed and delivered upon the ioilaw-ing conditions, agree-
<br />ments and obligations of the Borrower. to-wit:
<br />The $ertowez agrr+es to pay to ihe'l~der, or order. t'ze ptin~;~l sum of T4R'~ FIVE, 3~7IISANLi
<br />. TWQ_iiL1Nf#gED A'3D NOJ1fMT ~-- - -- -
<br />. - -- --- - -- ._. '-cellars tL'S ~ iS..~Q~-.90 - - 1
<br />payable as pros-idetl in s ate eaerttte~ and deiivend, .~ncwrentl~° heteazth, the final payment of principal,
<br />if st4# sooner paid, on the t ~y - day of .._ -- Ivo~emi5er ilia. "c(Jl??
<br />Lxt~ta Cf+rF.~avrs. Barrowrr and Tinder corenani and agr~ as follo~y
<br />1. Payaeai cd AiociPcl mid In3arest. Borrower shall promptly Ira>• w•her. due thr principal of and in-
<br />terrst on the indeb#adness etsdenced by the Nate, grepa}•tnent and lair charges as pro~-ided in the Nate.
<br />and ik~ principal of azod interest nn am' Future Advances secured by ibis Mortgage.
<br />Y. Puads ioa Tmc~ mrd lrssur~ce. Subject to Lender'-, option under paragraphs 4 and 5 hereof. Bor-
<br />row€x shall pay to Leadz"r tea the day rtn,nthly in.+iallmenLs of principal and interest are payable under the
<br />Notes, ttata7 the Nora is paid in full, a sum Therein "Fund:") equal to one-twelfth of the yearly taxes and
<br />asse~smeitt.-. afiich 3nsS at#am ptiarih rnrer this ~forgsge, and ground rents an the Property, if any plus
<br />st+w•elfth of r:early pr~itmt installm~ts for hazard insurance, plus one-twelfth of yearn` premium in-
<br />atallrz+ertts for mortgage inwr...nee, H env, all as reacanably estimated initially a_~d from time ~ time by
<br />Ltd nrt the basis of assassaants and I..ills and reasonable estimates thereof, Lender shall apply the Funds
<br />4o pay said taws, assessmeatts., irt.4trratsc~ Isseatium, and ground rents. Lender shall make no charge for so
<br />acrd applying rite l-?ands or verifying and rnmr,;ii~a said assESSments and bills. The Le^.der shall
<br />give #o the Borrowea; without charge an atmnal accounting of the Funds showing credits and debits to the
<br />Fri aced pm~x ~` re#ti~ z~ deoit to the Funds was made. Tine Funds am pledged as additional
<br />aarsrrity for the earns secured by this liortgage, The Harrower agrees that the Funds may be held by the
<br />it~ar ant? coed wi#h t:they #erads and the Lender's own funds and the Lender may pay sucl: items
<br />fimrt its own #unda snd t1x L shall ant be liable for interest or dividends an such Fonda.
<br />I# t~+e set rrf the Fbn~ its by Laurier, together with the future monthly instaUtnents of Funds
<br />_ ~a pa3+rer ta_ rate tfi[trs of farrea, ta, *~~+~ prrmrittms and ground mn#s, shall exceed
<br />the amt ate. to pay said tares. , instrrart~ pr+eQUUma and ground rents as they fall due,
<br />mc4t tsoeas shall be, at Borrowers ,either pmtnptty repaid to Borrower or credited to Harrower on
<br />t,~tfly ':ssatallmenta of Ftrnds. If ~azttnmt of the Funds held by Lender shall nit he suH'icieni to pay
<br />irtgtrraaee prapru~a and grutmd rents as they fall due, Borrower shall pay to Lender
<br />asy amount nec•~sary ttr mako np the r>efit~ry wrthin thirty days after native #rom bender to Borrower
<br />re4uS PnY>~t t2terec+f, or Iiorsawer shall, by an increase in monthly installments of Funds reyuired,
<br />repay the d~eieney within the Fttnd arxountinr, period.
<br />LTpmt payment irr full of a{I soma secured by this 1Vlartgage, Lender shall apply Funds held as a credit
<br />agaittsst all srtn?s d~?e.
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