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<br />INDIVIDUAL <br />DUE ON SALE <br />~~ OPYIONAL FUTURE ADVANCES <br />SAYINGS FUND <br />~~ FGRM Na, 720-479 <br />Loan Number__43086___-__199__ __1__ <br />- Type B~anc~ <br />79- !)f~'7'~5 M G R T G A G E <br />TI#IS iVIORTGAGE, made and executed this -..__.--,Z_..._--.__.. day of ..../~~tP~ ............. A.D„ <br />19..~~-., between the ?Mortgagor, .-..,lame&.-A..-.Hit].aA..anil..Aebbie-L._Nolan-,-. husband--agd. wif-~,----,. <br />-3ciat]s_ and.. ~asj~..~zt.-th~i~~-.~.YZta_x~l?t...-.--- -- -- -- - -...... ------ ---- -• -- -- ----- .............._.................-....- - <br />of ---.GtaAd.-Zs~trad--.....--, County o€ ---------. xa.7.1.---------._..-... State of ..Nebraska.--....., hereinafter referred <br />to as the Borrower, and the iLiortgsgee, FIRST FEDERAL SAti INGS AND LOAN ASSOCI.0.TION OF <br />LINCOLN, 1233 "N" Street, Lin~roL-t, Nebraska G8501, its successors and assigns, hereinafter referred to <br />as Lende:- <br />Viztrxssssrx: That the saidd Borrower for and in consideration of the sum of -..FORTY FIVE THOUSAND <br />ONFS HUNDRED FIFTY AND NO(100 ----"'.--- -... - "'-.Dollars (US $...4~,.i,SQ-.0(i_.-.__...........) <br />paid by said Lender, does hereby mortgage, grant and convey to Lender, its suce~or, and assigns: the <br />ft>llawing described property located in the County of -_....-..._xall----------------------- State of Nebraska: <br />Lof l~mnty-Seven (LIj Ra~$ subdivision, fiaii icunty, tebraska <br />~ with all the imptocements now or hereafter erec#ed an the property, and all easements, <br />~~ ag~atenances, rents, royalties, mineral, oil slid gas righfs and profits, mater, water rights, and <br />ureter stogy. sad all futures sow nr hereafter attached to the gr~perty, all of which, including replace- <br />meets and additaoas thereto, shall be t to be and remain a part of the property covered by this <br />Mort~e; and all of the foregoing, together wish said property for the leasehold estate in the event this <br />Maatgsge ~ tm s leaselwld) are herein referred to as the "Progeny". <br />Borrower rnveaaats that Borrower is lawfully seised of the estate hereby conveyed and has the right <br />to mortgage, gent. and oaavey the Property, that the Property is unencumbered, and that Borrower will <br />wa.•raat and de~sd g+~aally the title u the Pmpexty against all claims and demands, subject to any <br />essee+e:tts slid reataictioas fietcd in a schedule of eacegtions to coverage is any title insurance policy in- <br />Lattdes's hztraest is the Property, or {') attorney's opiniaa of title from abstract of title certified <br />b_s bonded ~. <br />Psnvtoao ALwa~rs, and these preaertts are ezecnizd sad delivered upon the following conditions, agree- <br />aaeats sad obligations of tfte Borrow, to-vrit: <br />3$e Hoarower a w pay W the lender, ar order, the principal strm of - Ft?AlX-.T331E-4~pU73--.. <br />.t~a>l..F3,ETF,-.IIHD_.1~114D.---------------°__._.. ----------._.f?allars tl'S 545,35U.4T)...-..__ _---- ) <br />gam as Aromded in a mate eYenrted and delivered, conctuientlr herewith, the fiasl gagment of principal, <br />if ns-lk saoarr pHid, tztt the ---------.First -der of ------ilovember - _ _ , 1~ 2t109 <br />Uxrx+ta~ats CnvBxtarrs. Horsowet and Lender- eavenant and agree as follows: <br />L beat of omui Taiwect. I;orrawer shall promptly pay when due the principal of and in- <br />taxsst oa the ' evitltmced in the Nate, prepayautmt and late charges as provided in the Hate, <br />sad *.ise prinatpa! of and iaterernt ou any Ptrture Advances stxured by this 'llortgaga <br />2 Fuoet#e for Tames axed ir~rt~. 5ubjerl to Larder's option under paragraphs t and 5 hereof, Bor- <br />r~ alaafl pay to iaades tm the day monthly iastallmettts of principal and interest are payable under the <br />Nate, maul the Note ~ ~ in full, a sum tht~ "Ptmds"1 equal to one-twel#th of the yearly tales and <br />wlricb may rtttaia priority over this_Nortgage, and ground renL~ art the T'roperty, tf any plus <br />tit e# yeadp prat ~~11+++~~ for hazard ~~rR~- plus tue-tmeifth of yearly grenrium in- <br />ire ntortgr~e i>e~ss..~ if arty, all as rraasanably estimated initially and from time to time by <br />oas tba bas9s erf sasl bills sad masaaable estimates thereof, Leader sh_ll apply the Funds <br />pay said tHYes, aeeeawraeatta, ffiasraaee premiums sad ground rentF. Leader shall make no charge for so <br />b sand apgelyieg the Ftattfe or verifyi:rrg antl mm}slirtg said sastsasateats sad bills. 'The Lender shall <br />b~rae to rice Btsrzt:wr~ witieatt chruSe, am annual accotating of the Funds showing credits and debits to the <br />Fwetds led the purpgee for which eecfr debit to the Irautds was made. The Funds are pledged as additional <br />amity the enrol set~ed~tbis IMOr#gage, The Borrower agteee that the Funds may be held by the <br />I~esu3et sued etl with sad t1a Leader's owe fuade and the Lender may pa-y such items <br />ifs ova rrpd the few abaR trot be liable #or inteeest ar dividends on such Fundy <br />~yI,Y~ ~the out ~ the R'rrotle #tdsl b9 ; togs with the fatrrre monthly i:rstallments of Funds <br />X114 ~ #3re doe tisrlea Af tit, ytrfe jn'amtnma and ground rents, shall eYCeed <br />#irRa®anast ~ to said htsa, , feasarance pxeanttm~ and ground rents as they fall due, <br />each mere sips bee st s + pram repaid to Borrower ar credited ttt Borrower on <br />sadc~tiy ioaata ed • 8'taNatitc I# asaaunt of the Pantie held by Lender shall not be sufficient to pay <br />itaemtetoe preatiamA and grrwnd tents as they fall due, Borrower shall pay to Lender <br />say sit rasxateaty t~~o mske up fire within thirty days after notice from Lender to Borrower <br />zegg paiymeat tb~l:, ar Borrawm• shall. by art inpesae in mtsnthly installments of Funds required, <br />repay the d~acy within tf~ P'uad at:ng Period- <br />IJgtm payment is full of sH snore secured by this Mortgage, Lender shall apply Funds held as a credit <br />aa-a~.-t s#i stuns due. <br />