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tNDIVIDUAL
<br />,~~P\ DUE ON SALE
<br />//11 Foern Na, 720
<br />Loan Number__44_850-__i___Z~__~ ___~,_
<br />ryae vrancn
<br />8Q~ its:f1.~
<br />M O R T G A G E
<br />THIS MdRTGAGE, made and executed this ._ .19~ day of ... J!?l?~..._..._...._...........- R.D.,
<br />... _ _...
<br />19.-$0.---, between the Mortgagor, ... E.-..~???-.WoJ.~e._~d Judltla~A,---Wolfrx;--ltust~d-~ui•.wifer.......
<br />of .Grand_.Island ............. County of ..._.HaJ.l..___.._..._-._.., Stale of ..-.LQelaraska.__., hereinafter referred
<br />to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS ANr~ LOAN ASSOCIATION OF
<br />LINCOLN, 1235 "N" Street, Lincoln, Nebraska 08501, its successors and assigns, hereinafter referred to
<br />as Lender.
<br />WrrxesssrH: That the said Borrower for and in consideration of the sum of ._ ............._.__.._..._..--....
<br />'IHIiEE HUNDRED FIF1Y THOUSAND AND NO 100 ------------ ~ 50,
<br />-------- :......_...........------.-....._----- -- -- - L .............. -- _...DoLars (US 5...3..... C100,©0------..)
<br />paid by said Lender, does hereby mortgage, grant and convev to Lender, its successors and assigns; the
<br />following described property located in the County of .._-.__~11.__...... _...-..._., State of Nebraska:
<br />SEE ATTAt3IED EXHIBIT A
<br />fiocErxta with atl the improvements now or hereafter erected on the property, and all easements,
<br />rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
<br />water stack, and all features now or hereafter attached to the property, all of which, including replace-
<br />ments and additions thereto, shall be deemed to be and remain a part of the property covered by this
<br />Mortgage; and all of the foregoing, together with ,aid property for the leasehold estate in the event this
<br />Mortgage is on a leasehold) are herein referred to as the "Property".
<br />Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<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 />easements and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in-
<br />suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br />by bonded abstracter.
<br />Paovrneo ArwAYS, and these presents are executed and delivered upon the following conditions, agree-
<br />ments and obligations of the Borrower, to-wit:
<br />- t r order, the principal sum of . _ _.__.
<br />~~~ ~~el'O(p -"---------...Dollars (I?S S- 350_, ()00.00-------
<br />payable as provided in a note executed and delivered, concurrently herewith, the final payment of principal,
<br />if not sooner paid, on the --.-f].~st._ --.... -day of ._ .. _Jt11_y- .. . - 19- 92-.
<br />LlNrtroeiu CtYVS.yetvxs. Borrower and Lender covenant and agree as follows:
<br />1. Paymont of Priaapal sad Interest. Borrower shall promptly pay when due the principal of and in-
<br />terest on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Nate,
<br />Qen `n2 aimc9o~vi daa wie:cai 69x in~i i e`reie ee'ieefeee .iezmea b• lire i ' Foeee&£e.
<br />2 FumFa For Tmcee ~d Insuranc®. Subject t+o Lender's option ue+der paragraphs 4 and 5 hereof. Bor-
<br />rower shale pay to Lender on the day monthly installments of principal and interest are payable under the
<br />Note, uniai the Note is paid in full, a sum therein "Funds") equal to one-twelfth of the }early rases and
<br />aiYents which may attain priority over this Mort-gage, and ground rents an the Property, if any plus
<br />one-twelFth of yearly premium installments for hazard insurance, Pius onE-twelfth of yearly premium in-
<br />stallments for nwttgage insurances if an3*, all as reasanabiy estimated initially anr3 franr lime to time !~v
<br />Lender on the basis of assessments and tills and reasonable estimates thereof, Lender shall apple the FUne)s
<br />to pay said taxes, assrsn-ments, insurance premiums and gmcmd rents. Lender shall make no charge for sa
<br />holding and applying the Funds or verifying and compiling said assessments and bills. The Lender siYall
<br />give to the Borrower, without charge, an annual accounting of the Funds showing crediis and debits to the
<br />Fundsand-the purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br />security far the sums secured by this Mortgage. The Harrower agrees that. the Funcla iYYay he held by the
<br />Lender and commingled with other funds and the bender's own funds and the Lender may pay such items
<br />from, its own funds and- the Lender shall not be liable for interest or dividends on such Funds.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds
<br />payable prior to the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed
<br />the amount requir~l to pay said taxes, assessments, 'insurance premiums and ground rents ac they Fall due,
<br />such. eaceas shall be, at Borrower's option, either promptly repaid to Borrower ar credited to Borrower on
<br />mont~Yik irYSfaittnents of Funds. IF tlYe anYOUnt of the Funds held by Lender shall not be sufficient to pa}•
<br />taxes, assessments, insuratYCe pry:auiums and ground rents as they fall due, I3arrovver shall pay to Lender
<br />any amount necesaarv to make up the deficiency within thirty days after notice from I.etYder to Borrower
<br />requesting payYnent thereof, ar Rdrrower shale, by aYr increase in monthly installments of Funds required,
<br />repay the deficietcy withn the FurYd acv auiYting period.
<br />UFran payment in full of al! sums secure.~l by thzs Mortgage, Let:der shall afxph~ h'uncl:~ held as a rrndil
<br />agAlYLg'L all RUYY>b dlsa.
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