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<br />LN~OW
<br />$Q- ~$.~.
<br />INOiViDUAL
<br />DUE ON SALE
<br />OPTIONAL FUTURE ADYANGES
<br />SAVINGS FUND
<br />iow+a No. 72A-479
<br />loan Number__44503___-__158__:1_-__
<br />M O R T G A G E
<br />THIS '4tORTGAC;E, made and +•eecvied this y:,.. day of Agr_l A.D.,
<br />t9 $0_, between the Mortgagor, P?t<Fick (~. CAOk .and Diana S..Cook,. husband sad _ ..
<br />wife, jgin[ly_and. ea.~h_.ln. their gum.-,rig}rt.,,---------- --------
<br />__- - -
<br />ot Grand Island ,County of _. H. all ..- - _. -., State of .. yebraska_ ,hereinafter referred
<br />to as. the f)nrrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />= LINCOLN, 12:15 "N" Street, Lincoln, Nebraska 6f330t, its sucr•essnrs and assigns, hereinafter referred to
<br />as Lender.
<br />W[Tx~sseTH: That the said Borrower for and in consideration of the sum of TWENTY .SIX.T130U$tSND
<br />---
<br />FOUR HUNDRED AND 10/100 -_-------------~1~ tUS ~._26t400,00 ..... .........)
<br />paid by said Lender, dues hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br />following de.scTitserl property located in the County of ....._. Hall_ _ __ __ State of Nebraska:
<br />Lot Five (5), in Fdd Rose Subcivison jItffiber Ttro ~?), of apart o£ the
<br />Northeatst rter {'IG'4) of section 2. Township I1 Picr+,h, Range 10 West
<br />~, the nth r.;3., in Hai:. voiznt;~, inebraska.
<br />TrsceTHea with all the improvements now or hereafter erer~ted nn the property, and all easements,
<br />rights, appurtenances. rents, royalties, mineral. ail and gas rights and profits, water, water rights, and
<br />water stack, and all fixtures now or hereafter attached to the: property, all r>f which. including replace-
<br />melts and additions theretrs, shall be deemed to he and remain a part of the property crovered by this
<br />Mortgage; and all of the iaregoing, together with said property (or the leasehold estate in the event this
<br />Morigage is nn a leasehold) are herein referred to as the "Property".
<br />Borrower covenants that Harrower is Lawfully seised of the estate hereby conveyed and has the right
<br />to mortgage, grant and rxsnvey the Property, that the Property is unencumbered, and that Barra+vc+r will
<br />warrant and defend generally the title, to the Property againxt al! claims and demands. subject to any
<br />easements and rrstrictiuns hsteri in a K:he<fuie• of exceptions to coverage in any title insurance policy in-
<br />suring bender's itaterryst in the Pro{rr•tty, or ,'?) attorney's opinion of title from abstract of title certified
<br />by bonder] airtrar ter.
<br />Pxrn•snr:o attw+v~, and these prs~ents are exeeutod and dchvered upon the folltrwing conditions, agree-
<br />n,enis and ai:hgauerts of the Il.~rrs,wer, to-wit:
<br />The flormwer a}tm•s to pa~• to the Lender, or osier, the principal sum of TWE,YTY. SIX 1't10USA.tiL2
<br />f?t?UIt Hla'~iD.REU. A=tiT) 'i11/140 °--------------------{~)nllarx (1,'S ~- 26v44U...00. )
<br />-rayable as pn,vidrd in a note r•rtr~s:utecf and detiverrnf, concurrently herewith, the final payment of principal,
<br />if not sr,rmer fraid. an the 1st day ai T'~Y pgt _2005
<br />UNtvrseat Csavx*r~xTS, Br,rmwer and l,c-ndRr covenant and aKree as fallnws:
<br />1, Payment of Principal trod tatareat. Harrower shall promptly pay when due the principal ai and in-
<br />tec•twt nn the :ndehtedneass evidenraYl }rv the Sate, prepayment and )ate charges as provided in the :Vote,
<br />acrd the prirtt•ipal of and interest on any Future Advanrsrx secured by this tortgage.
<br />2. Funds for Traces sad Iasuranca. Subject to Lender': uptiun under paragraphs 4 amd 5 herreot. Bor-
<br />rower shall pv}• w Lender an the day manthl}' installrneni.5 of principal and interest are payable under the
<br />'Vote, uatil the Sole is paid in full, a suaa~ Therein "Funds°j eyes] to one-twelfth of the dearly taxes anti
<br />arseasrnenta which ntay attain priority over this tiort{;atte. and ground rents on the I'rrrperty, if any plus
<br />one-twelfth of early prt+ntium installmentx for hazard insurance, plus «itte-twelfth of yearly premium in-
<br />xtalln~nts for m<>rtgage irrsurattce, if any, all as reax«anably r-:timated initially :sod from time to time by
<br />Lender ctrl the Fraa-,ias of asrsetsaments and bilks and raasonable estimateas thereof, Lender hhall apply the Funds
<br />tv pay said taxes, aasments, insuratrc'e premiums and gmunrl rents. Iwsnder khan make nn charge sot ~+,
<br />hnkling arni appi}•ing thrr Funris nr verifyin; and comf,itittg Said axsr.sxrzsents ant} trills. The lxndrr zhai{
<br />ive to the Iinrrower, without charge, an annual aerxrunting of the Fundy showing er~rfits and debits to the
<br />~und•. and the pttrpar~ for which each del+it to the Funds was trade. The F tracts am pleclgeri rs<s arfafitional
<br />rserurity fr:r ttre sums sea.-cared by this !4lnrtgage. The- ISornswer agt•ees that the Funds Wray txi held h}• thH
<br />Lendei and curnmingled with r>ther funds and the Lcndera own funds and the Lender anav posy such itenss
<br />frtami its c,wn fortis aruf the- I,ertrier ~shar7 rrrat ire 1"satrle foe interest err €lividtarrls can such Funds.
<br />f# the arrwunt rf thM Ftmds hell by Leader, tnget.her with t_he tutttre monthly ,nstallments oC Funds
<br />payable prir,z to ttte dtxe datsss of taxes, aumcctfa, irsurance premiurrrs and grt,und rents, s}utii exccrrl
<br />t.Ix an;z,uat ~iuirrd to pay :si<i tatces, asa+~rtments, inatxratn~ premiuts and gmurrd ranta ax they fall due.
<br />surtlt rx+~xss ,Trait t,e, at Ba>rtr,wer"s uptiun, either promptly re~mid to- Brsrrrrwer ar r•redited ter I3axmwer can
<br />tivrntha} ,nrtal)trta~nta of Futtcly. If 'he arrxrunt of the Funds hrs1d by Lender shall not t~ ,utticif•nt an p,ay°
<br />isxrae, aat3€~r,tmcarfa, irrsurtinsr premturesw and ground r+rttts as they fall dtre. Hurrc,wwr shah pay car l~mrtcr
<br />rstri arri+runt nw-s~asy to makF up the dttfiu~arry within- thirty tia a#trr noticsr flora Lender to f3ctrrrwar
<br />~sr+~trrsq t~yrupnt tisaarsmf, ~>r lax+rtowr•a~ Flapll, ity an incrarasN in tn.,nthly inntaHnrrnt,~ of F"unrty rectuired,
<br />rs• ~, s "~~-y vritl'tin the ~€# .cent }ae:'risd:
<br />= fa<ax g,ay:=,rtxt z1y teptJ of aaH ~sarrsn sc+curt7f t.> tftiK 4fortgags°. Ixnder Kha11 a4rpis F"undH held a, a cs^edit
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