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r~,.a l~ ii~ --~,, ~1~~ 79- ~~°7i INDIYlDUAL DUE ON SALE OPTIONAL FUTURE ADVANCES SAVINGS FUND FoaM No. 720 - __ Loan Number__ 4084b 19y9 __-er,nc„ M O R T G A G E _... THIS MORTGAGE. made and executed this . '~ 19-~1._, between the :ltartgagor..._ Suz_Jznkins,__a- single persort_ . of _. Grand Island .- ..- . Caunty a# Hall _ __., State of .Nebraska... ,hereinafter referred to ss the Harrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOL,\, i?35 "'.v" Street, Lincoln, Nebraska &G~Ol, its suc~-ec~an and assigns, hereinafter referred to ss Lender. Rtrvr~,srx: That the ssid Borrower far and in consideration of the sum of - THIRTY THOUSAND ~'t'i1 h0/lOC?_-'------------- ----:~- .-'--- -------DoEats tt~S: 30,000l.t10 ._- l paid by said Lender, does hemby mortgage, gratzz and convey to Lender ets successors and assigns; the follocEang d~ribed propez±y iocated in the Caunty of -.. - .Hall ,State of Nebraska: Lat Nineteen fYS} haeing a lake front footage of i5 feet, situated on the East side of the kTest partian of ffuester lake, and being on a part of the E~ SW'. in Section 1'., Tcenshlp 1F, I~anj~,e y in flan C?ttnLy, leArB'.s a bvuni~2~ v8 the South;<aaterl side by tl:e c•t~eon road; such lot is as shac.•tt on a plat in the passession of the lessor Tircerx~a with all tine itnpmz°entents new or hereafter erected on the property, and alt ea.>t'ments, rigttts, appurtenari~, renv, ro}-aides, mineral, aii stye Qas rights and profits, u-afar, water rights and vaster sftxk. and alt itxtures noa• or heteaftar attached to the property, all of which, including re;~tace- meta~ and suuiiiarras thrreto, shah be dt~med to be and remain a part of the luoperzy cotered by this k4ort{age: and sA of the foregoing, together with said property (or the leasehold estate in the event thi+ Iafartgage iz on a leasehoidi am iterate referred to a, the "Property., Horrouer oavenants that Harrower is lau-fully seised of the Ufa#e hereby cromecetl and has the right to ttaartgage. gram and convey the Propem~, that the Prapem• is unencuntbemd, and that Bnrnwer null warrartt and defend gerieralh^ the title tct cite Property againt ail ciaitrts and demands, suhjecL to any easemeai; and revttic~tions ?fisted in a schetluie of exceptians to caverage in any title insurnnce police in- svrrinr Lender's interest in the Property, or ?°_) attorney's apinian of title from abstract c,¢ title certified Iiy hcusded abstracter. Prtoyrn£n Ai.wte~s, and these pt~aenlne are exxuted and delivered upon the following conditions, agree- mc~ttts and ohiigataans of the Borrower, fa-u-'st: i'-'he Hortcncer agtr-~ to pay #t~ the Linder, or ardor, the principal sum of - ~~t~`I`Y ..~~'S f•N`Dt -. r1=!iD - ~?-1t1Ct. _ ... -. - -- -_ - - - - - _ -~-_'Dnliars t;S •.3D,Q40.fS0 __..... l pa}-able as prot•ided in a na#e e:ernted and deiicrrcd, oancum~ntly herewith, the $na! pacmeni of principal, i# nos Yootaer paid, cut the - .. First- -. day of . _ Nnvemher lR: ?(lDk tvt~taa ~Ct+y~axn. $orrau-er and I,~der ntt~nant and a;rc~e as fallaw;: I. Pagmant of Piinapd ~ Iaters±ai. He~rrawer shat promptl}• pay when due the principal of and in- tei-~t an thr andebtedn~,s ec•idenrad by th'r Nnte. prc>paa-mt-na sad laze charges as provid~l in the _vote. and the nrantdp<tI of and in#erest crn any Future At3t°ances secured by this 3fortgagi. Z Proses toe 7mees ~d Iasur~rn_ Subjacf to Lendii s option under paragraphs 3 and a hereof. Bor- trnr'er shall pay to Lender nn the dac mc+nttdy installments of principal and interest are payable under the :vote, until the Note iS paid in full, a sutra zhetein "Funds"D equal to stye-twelfth of the yearly taxes and aaseasinertts which may attain priority over this \iartgage. and ground rents on the Property, if any plu+ ^-- •~T=tLh cf }~rly ~*esni:tm irtTT4n~3 ~.ts far he=ard insurance, plus ore-tweifih of yearly premaunt in- stalL~nestts #or ntc:rlgagc ira~..+~+~ ;# any, all as ressctnablr ea<amated initialla- and ftnm tame to time by Lem crn t3~ harts if a-~ertta and b~ and reasnrutble e~-rixnat~ thereaf, Lender shah apply the FunrL to pay said rases, assessments, insurance premium= and ground mats. bender shall make no charge for so bolrtiag aid applyiag the Funds or veri#«ing and compiling said assessments and bibs. The Lender shad give to the )'~Orlriwe!', vcitluntt charge, an atint:al aecountine of the Funds showing credits and debits to the Fumis sad t]~ purpose ftrr which each debit to the Funds was made. The Fund, are pledged as additionai aeettri#y= faa trio aecurQd by this hisu~tgage. The Borrower agrees that the Funds may he held by the L and aotnmiagled with other funds and the Lender's own funds and the Lender may pay such items #roffi its own ftrnde sad the Lesider shall tut# be liable for interest or dividends on such Funds. If tare smurmt ui the P4mda bald by I,mider, together with the future monthly installments of Funds payable pasnr t+o-the due dates of taa~, a>~auients, insurance premiums and gmund rents, shall exceed the asmure#. required to y avid fazes, aments, iastirnriee prestiu~ns and gmund rents as they fall due, strcir a oral. be, at S~orr+rwer's optirm, either promptly repaid to Borrower or credited to Borrower on moathiy irtstaUmenta of Funds If the amount of the Funds held by Lender shalt not be sufficient to pay tares, ts>aes~ents, r~araac~ prSnitittis earl ground rents as they faU due, Borrower shall pay to Lender aay amoaat aeeeasary to make tip the deficiency within thirty days after notice from Lender to Borrower requesting pa}viesif thereof, or Boaower shall, by an inctea_4e in monthly instal'_ment_s of Funds required, repay the defciency within the Fund accotmtirtg period. Upon pacment in full of aH sums secured by this Mortgage, Lender shad apply Funds held as a credit against ail stairs due.