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<br />~~ <br />J <br />~~ <br /> <br />INDIVIDUAL <br />DUE ON SALE <br />OPTIONAL FUTURE ADVANCES <br />SAVINGS FUND <br />FtlRM No. 720-4'79 <br />Loan Number___43799__ _'__188_____1__ <br />nog e.a~cn <br />[VfORTGAGE <br />THIS'rIORTGAGE, made and executed this _.____ .t-_.____.... day- of .__~.e~r x`.~,__.....-...-_ A.D., <br />3 <br />I4.1'.1....., between the Mortgagor, .-... Te[ry_L__Eegter_and_Kristine..K_..Fegter....hushand. and__.... <br />- eti.fe,..-faintly..and..each-.izi. shzit;_e•,~n.-right+-------.--... _--_..... _ _. _ _..-.--------.--......_.......----.--...... <br />of _.. Gzaad..slatid.-._.. , (aunty of . - ...HaIL_._._._.-._-.-..., State of ...Nebraska._..., hereinafter referred <br />to a_s the Borma-er, and the Mortgagee, FIRST FEDERAL SAVIh.'GS AND LOAN ASSOCIATION OF <br />' LINCOI~\T, 123,"> "'~" Secret, Lincoln, \ebraska 68501, ita successors and asigns, hereinafter n ferred to <br />as Lender. <br />~tahssssrx: That the said Borrower for and in consideration of the sum of -_fIFTY_TtiOZjS,.-_.- <br />~I4?~.F~L'2r1IREi3.-3tD_~Q~IOfI.~-~ .---_----------_----DollatstliSS-..Sp->SOfl,.a~-........._......) <br />__... - -- <br />paid by said Ixnder, dog hereby mortgage. gzattt and convey to Lender, its successors and assigns; the <br />foldowirtg described prapertr hated in the Caunh• of -.---.Hall . ....... . ........... .State of Nebxaska: <br />Lot Thirty-Six (30) in Y b S s'ubdivision,Hall County, Nebraska <br />T~:k~pra kith all the improvements Haw or hereaf#es emceed on the property, and all easements, <br />righL~, appartesaa~, rents, royalties, mineral, oil and gas rights and profits, water, Rater rights, and <br />water stock, and all fixtures noiv ar herraf#er attached to the property, all of which, including :eplace- <br />messts sari additiaru- thereto, sdtall be <reemed to be and remain a part of #hi• property covered by this <br />Sfortgage; and all of the fatrgoing, together with said propert}~ for the leasehold Mate in the event this <br />.1~forigage is on a leasehold) are herein referral to as the "Property". <br />Borrtawes rnr+enanta that BotroRZr in lawfully seised of the estate hereby cronreyed and has the tight <br />fA mortgage, grant and ranvep the Property, that the Property i_s unencumhezetl, and that Harrower will <br />warrant and defend generally the Title to the Property against all claims and demands., subject to any <br />eaPeatsents and r~trirtians tinted in a schedule of exceptions to ratnerage in any title in_-,urana policy itr- <br />suring L~sdes's irrteresi in the Pmpert}-, or t2) a#iarney's opinion of title fmm ahtract of title certified <br />by Ieatidtd adaetrxcter_ <br />Paocrnea ALx°a~., and these pr~serits are ezeruted and delic-ered upon the folIotaing conditions. agrc~ <br />mentor and ol;}igations of ifre BorroRer, #o-wit: <br />'~be I3om~wer ogress to pny to the Lender, or order, the principal sum of I:IF~ -'I~QI"aAir12. FIYE. <br />_I~~+'d38didL.~ ~i7~I_~4--. - _-~--~ - -~~_----Lhl!ars t~'S g. ?Q,?QQn40_.. ._ ..__) <br />pa}a>~ ~ pruizded in a Hate eserirted and delivered, cancurtetrth• herewitdt, the final pa~nneni of principal <br />i# stot coorter paid. an the . - ...First ... day of .---- ldotremlxez , ~ ?.OQ9 <br />L"rnreteat Cctv€.va~m;. Barroxer and Lender covenant and agree as faldaNs <br />d, >t aE Papal and Iatrrxf. Borrower shall pmmptl}' pay when due she principal of and in- <br />tsn~t an trite inc'~btedrs~.s e~iucP?aa''~d by the Late, prepayment and Iate charges as pren•icled in the'~ate. <br />sad the principal of and inters.- an an~• Future Advance. securest by this Mortgage. <br />~ Fps for Tacos and Iosu_~imce. Subject. to Lender's option under paragraphs 4 and ? hereof. }3ar- <br />m+caet rnali pay to dxasder an tees da}• manthlr installments of principal and interest am payable under the <br />IVaie„ tmtal the Late is paid in full, a sum sherein "Funds°1 equal io ono-twelfth of the ready taxes and <br />aasetx~Cs v:lii,-h :stay attain priarit}' over this 'tioregage, and ground rents an the Properly, if an}• plus <br />~-tw~ of r'~y ptes+..ium installnt,e;rta' fcr hazard irrsuranni~, plus one-to°elfth of cearir premium in- <br />atadkrtea~ Erns rrrn~tgage utsrxrancr. if any, all as r~sonably e+fitnatetf initiallr• and frron time to time h} <br />Ida oa the 1 of axaent srtd "tr and reasamrble estimates thereof, Lender shall apply the Funds <br />~ Pe? said taxes, amts, insurance premiums and ground rmta_ Lender shall make no charge for so <br />~sla~ ~d apRIT~B the Fim+~ tsr werif}=irrg and rompiliag said assessment and trills. The dander shall <br />~ to trios d3crsower, without c}iarge, an anni:al amounting of the Funds showing credits and debits to the <br />i ar:d the prtrpoac fisr which racir debri# to the Funds was made. The Fiords are p'.edged as additional <br />qty €~ tt~ soma aetvrc~d dry this !4iorigagn< The Borrower agrees that the Funds may be held by the <br />and commistiled with atlrer funds and the Tinder's own foods and the Lender rosy pay such items <br />~ its o~an fuatla and #be Leader shall not he liable for interest or di4ddends on such Funds. <br />ff the amount of the Ihruda held by Leader; together with the fatnre nwtrthly installments of Funds <br />PaY~ ' to tbee due dates of taz~, aeae~asments, instnanca premiums and ground mnfa, shall ecceed <br />~ amt re4srired to Pay said tmccea, eaaeesr:t~ta, insurnnce premiums and ground rents as they fall due, <br />sut~t a .shall be, at is oftt9us, srflrer promptly raid to Borrower or credited to Borrower nn <br />moxrthiy installments of Fiords. If flee amount of the Funds held by Lender shall not be sufficient to pay <br />tales, seta, iasurar:es pternfums and ground rents as they fall due, Borrower shall pay to Lender <br />any amount ue+-'eaeary to make up t'he deficicgtcy wtthin thirty days after notice fmm Lender to Borrower <br />7e48 payment thetrxtf, or Iiauvwer shall, try an increase in monthly installments of Funds required, <br />repay the deficiency within the Fund aceountiag period. <br />Upon paya~at in full of aril sums secured by this Mortgage, Lender shall apply Funds held as a credit. <br />again3, aI. s,~ drte. <br />