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INDiY1DUAL
<br />~~~ DUE ON SALE
<br /><~ST OPTIONAL FUTURE ADVANCES
<br />SAYiNt'sS FUND
<br />~~~y~ ~~ FORM Nn. ~aa-aye
<br />~~`,.VLI~ Loan Number__ ~?Q7h__-__~&_=____1
<br />73~-' ~~~'~' IVI C? R T G A G E
<br />~r 11
<br />THIS?liORTGAGE, made and executed this ._..~if......_-__.-_- day of _-.~c-Y~.~?~r'....-.-...-_ A.D.,
<br />19-_?`3-_, between the 3iortgagor, -----7,}nda--&. --Roden,-a--single .person-__....-_._..----..._.__._-..---......
<br />of ..---.gr~--f~}find ---.-, County of ._--..--.Hal 1------_..-.__.-, State of _-Helnraska._..., hereinafter referred
<br />to as the BorroR°er, and the tilortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />' LINCOLti, 1235 "N" Street, Lincoln, Nebraska 68501, its successats and accigns, hereinafter referred to
<br />as :ender=
<br />SFir:~srx: That the said Borrower for and in consideration of the sum of .. __ . ....._------------------_-.
<br />Tf1I~Tg--~'IiQUSAAID-.EOITR--Iili~".Iitr31-AND.-CIO; IO-0----------------Dollars (L'S S.. 30400.00
<br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />fallowing described property- located in the County of _..iiall --_ -- --,-- ------......> State of 1ebraska:
<br />Fr~ti~1 Laz 3i~- (6) in Block Three (3) 24agy's Addition to Grand Island, \ebraska
<br />and ca~plement Fractional Let Six (6), in Block Three (3), Original Town, now City
<br />of Gran3 island, Hali County, tiet+raska
<br />Tocerx>sa with alt the imgrvvements now or hereafter es+e~rted on the property, and ali easements,
<br />rig}-ts, appurtemaatas, rents, royalties, mineral, ail and gas rights and profit_c, w^ater, water rights, and
<br />vPatrr stock, and aIl fixtures now or-hereafter attached to the property, all of which, including r_glace-
<br />aients sn,l aelditians thereto. shall be deemed to be and remain a par# of the property cocerrd by this
<br />Aiortga¢e; and all a# the foregoing, together with said properfp (ar the leaehoid estate in the event this
<br />~ is nu s leasehofdl am herein referred to as the "Property".
<br />Borrower rnceaants that Borrower i'n Iaa-fully seised of the estate Hereby- canceyed and has the righ#
<br />to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will
<br />warrant and defend generally the title to the Property against all claims and demands, subject to any
<br />easenpents and rw~trietions litetl in a schedule of escepiaans to coverage in any title insurance policy in-
<br />surang Lender's intereai in the Property, or i2) attorney's opinion of title from abstract ~~f title c~rti5ed
<br />h3' barreled alas#raeteor.
<br />Pxat~msn At.wers, and these presents are executed and delivered upon the folloK•ing rnnditions, agree-
<br />ar~tta and ~ligatieutc of the liorron-er, is-x~t:
<br />Thy 13armvuer agaees io pay to the mender. or order, the principal sum of . -..._- ------- --- ------------- --------
<br />3B}8g'i--I~*p.Tpt7&-~;~&D.-A#p -}~1.}f}(~_ Dollars (L'S $. 3f1 #flQ. flt) _ .....: 1
<br />payable as provided is a Hate a:ecvtetf and delivered, canr~rrmntty heren-i#h, the final'fay~nent of principal,
<br />if >oot snorter paid, an the ----- -l;;rt - .. - day' of .--- 3vovember ~t 36fl9
<br />litarn~at:x Covtraaxsma. Harrower and Lender tnvenant and agree as fallow°
<br />L Payment a! P:~al aa~d briemat. Harrower shelf promptly fay when due the principal of and in-
<br />t oa the indebt~dni=zs ~ideneerl be il~ '_+ate, pri`paymerst and late =barges as pravidcaf m the Note,
<br />and the principal of and interest on anc• Futatm Adc~ncec s~-tired by #his !'fortgage.
<br />3. Fcmds ion 7mees and hasurtmce. Subject to Lendei, option under paragraph: 3 and 5 hereof, Bor-
<br />mv~-as shall pay to Lender as the dac= monthly installments of principal and interest are payable under the
<br />Note, ~til the Note is paid in full, a sum therein "Fund;') equal to one-twelfth of the ceaxlg taxes and
<br />aeaeas whidr ataq attain ariorft3 Dyer this >iortgage, and ground rents an the Property, if any plus
<br />can-t~Iftlt ~ y=early gr~c~ inst ?1L, for harard insurans~, plus one-twelft-h of ye$rIy premium in-
<br />afanBmemts far moatgage insasrant~ if any, all as reasanabh• estimated initSally and from time to time Hy=
<br />azt the psis of _- -ta and IrdLs and xeagonable estiaatcs thereof, bender shall apply the Funds
<br />to pay yid irzea, asaessnsearta, i~saartce premiums and ground rants. Lender shall make na charge #or so
<br />' b ataf applying the Ftmeis m verifying and compiling said assessments and bills. The Lender shall
<br />give to the Btsrscrwer, svitlrout charge, ea annual accounting of the Funds showing credits and debits to the
<br />Fnt~ noel the par~ae itx wbicit reach tlPbii to the Funds wan made. The Funds are pledged as additional
<br />aetutity ben the attina aectired by this ?4lartgage- The Barrirwer agraea that the Funds mac be held by the
<br />Ltr and eca~tagled with trdther it>nde anti the Lender's own funds and the Lender may pay such items
<br />' ftaea ire own ittnda anef the Leader shall met be liable for interest or dividends an such Funds.
<br />I[ tl+e> ttf the P+tmda lmld by I., trrgetirer with the ferrate monthly installments of Funds
<br />> ig tae t&re dates t:f iasea, aat>esemerta, i~ttxance premiums and ground rents, shall ezceed
<br />tae >:t > to said tasea, aseata, ir~martce pnemi'uma and ground rents as the•,• fa1I due,
<br />each mill d+e, at 1~tTF awe's option, either ~omptly repaid to Bot7awer or credited to Borrower on
<br />mwtthlF iota of E+'tmefa. If rue atnexrnt of the I~rnds held by `Leveler shall not be sufficient to pay
<br />Ya>oea, i~rantx paemiuma sad grnnmd recta as they fall due, $orrerwer shall pay to Lender
<br />aqy amtaunt nary to msl[e up else tley within thizty days after notice from Lender to Borrower
<br />~gnesting ymenlt {hereof, nor- $orr+ower shall, by an inrresse in monthly installments of Funds required,
<br />repay t~ ~y within the Fund acco~atting period.
<br />Ilpent payment irr full of all sums secured by this Mortgage, Lender shall apply Funds held as a credit
<br />against aii sums due.
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