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<br />TMS-tlGB7fAS6 i:.eras tltis~_dey of Oeto is $l ,taetietten ate twrtr~a,gor,
<br />_~~-.. _~. ~~ .nd wlrmse address is,
<br />icy t..s.~rs. CYw-x~rirta _ (~]~~ a(~p 7 ([resin 'Latdsr~7 .
<br />tiRxereae;-Borrower arwt tender )lairs emeued s Crarxrtuuon lean '' r~emem m even itr et~Arst'3 +aMer
<br />whidt t.eetdttr ifs- ntada 4 Borrower a loan., in the principri stttount o! 1Y•1Y aT1~ /J-LU _
<br />_OWtars (i ('[.Dart AmgiM•} for the e~res=
<br />purpose of psrfertein4_Cer4in work on the mortgaged-premises descrilxd hafow; and
<br />ttitieraaas _iA cervtec3iart w{ih fiN Agrellxlm and pYrsWllt 4 its 4r1f15, BOfrower h~ !%eCYtld a Net! {hVRin ~NOta")
<br />of evert- dries in the, 1:aan Arwdrnt pryabfe to the Under whereby Site Borrower obligated itself t6 pay b the l.ertder ttte
<br />areoints sa advanced, Ptus imerest as therein slated ss toklows: O~ti+e first3}ifL of _~~T 182nd
<br />on-the first day of tads fitcceedin¢month thereafter until DPS 1251 tn4rest on the daily bataxaes
<br />of the [.oar Anraxti oWatending tamoun4 disbursed) during the prior month; ono thereafter on 1[382
<br />- a Rna! payment in an amount egwt to the sum o4 the fotbuing: autstarrd"+ng_briancs of the
<br />Loan Amovtt irt4rest an the daily !»tanrss of the Loan Amount nuistanding during Itte prior mvttb a¢zt an tfxe dsily
<br />ttalances of-ttte -loan Atmtett outstanding during the period uzmnencing from the drie of first disburserrnt 4
<br />~1LW'll 14$2
<br />Tu secure 4 Lender {a) the repayment of ttr indebtedness eviden¢d by the No4-wilt[ in4reri ttteraon as set forth
<br />in the NcAe,ary externtons and/or renewals or modifications of surh Note, the Payment of ail other sums with in4rast
<br />thereat advanwd in accordance herewith [o protect the security of this Mortgage and the perbrmarwe of the cownanis
<br />and agreertvtts of the Borrower herein wrt4ined and contained in the Agreement, and (b) the rapayreanl of any future
<br />advances,. with in4rast thereon, made to Borrower by Lender pursuant to paragraph _ hereof, herpn 'Future Advances",
<br />Borrower doss ftareby mortgage, grant, and convoy to Lander, the fallowin dg~escr~hc~ property toca4d in the eoumy
<br />of FEii l and S4fe of J~
<br />rot otae tl) , Island Acres Subdivision No. 8, in the City of Grand Isl.~d,
<br />ball Cmnlty, Nt~raska.
<br />together with all the improvettwnls now or hercaRer erected on the property and all easements, rights, appurtenances, rants.
<br />rayalti-a; -mirhirai, off and gas rights and Rmriis, water, wafer rights and .rater stock, and all fixtures now or hareaker attached
<br />4 the ntmrtgaged Rremises, all of which, including rePtasemems and additions tttarefo, shad be. deemed to he and rptrln a part of
<br />the property covwred ky this Nnrtgage: and al! of the foregoing, together with said property are harcin referred ~to as the `Property
<br />6orrorrer covenants that Borrower is lawfully saesecf of ttw estrie herolaY cptveyad and has rite right 4 m°rtSeBe-, grant acid
<br />-convey the ProFSertY~.-tNt-iite Properly is umncuttlbe.~d, and-that Borro+zer wilt-warrens and defend-gFnarally the. titfa to Lh•_
<br />Property against all claims and demands, sublet[ to any easements ahd restrictions approved by Lender in writing.
<br />UNlFQRM COVENAN75, Borrower and Lender wvernnt and agree as follows:
<br />1.. P~merit: of Principal and Imernt. Borrower shall promptly PaY when dw the principal of and interest to tits Irldebttl-
<br />ness evidatcad by,Me Na4 aid-Iris charges-as Provided in t4 Note.
<br />2. Funds for Teas and Irnurance. Subject to Lender's option under Paragraphs 4 and 5 Mraof, Borrower shall pay 4
<br />Wider on ihe,dey mailfdy irn411ments of principal and interest are payable under the No4, until [he Note is paid in lull, a sum
<br />- iirrNn 'Funds') aqua! botr-lwelfth of Ifie yearly fits[ and assessments which may attain priority over this Mortgage, plus
<br />one-lwet/th of the yeary premium ins411tnsms for hazard insurance, all as reasonably estimated initially and from tlnr 4 ti1M
<br />by Lender on.tha-basis of assessments and bills artd reasanabie estimates tlwreal. Lender shalt [told the Funds in an actnuni which
<br />Is irnund.by a. ryderal or 544 agency and sMll apply tM funds from said account to pay said fazes, asseasnen4, and
<br />inwraft~ Premiums. Lender sluil make no charge for so holding and aRPlying rite Funds, analysing said account or verifying
<br />and compiling said asaasamanls and bills. Borrower and tender [nay agree in writing ri the tune of execution o/ thisAbrtgage
<br />lltri itd~ryst on tM.Fuids ahrit txepaid 4 Borrowtr, and fatless such agreement is loses, Lender shall-not 6e required to PeY-
<br />Borrower any-imvesl on the Fitrtrrrds. lender shall giw to Borrower, without charge, an annwl accounting of the Funds showing.
<br />credi4 arM dritt4 b ttr.Fuitaa.. Interest, !f atty. paid 4 Borrower on the Fiwids and.tlr purpose for whlcRaach dWit to tM-Funds
<br />was trade. Ttr.. Fines, ere RledpW as addiliorrl security for Itte sums secured by this Mertgags.
<br />If tits; sgprtt.of Fixtds: tisld by Calder, togalMr with the future monthly ins411mrt4 of ands-payable Prior to-!he dw [trip of
<br />fixes;-aaaas~t4s.,. ~u+d inuurance premiums shat! exceed-the anrait retptirad 4 peY said fixes, aaseaamenu and inwrrtce
<br />premitntr as:SMq! fdl-dus,-such excess shalt be.. at. Borrower's opllon, ei1Mr Promptly repaid 4 Borroswr or credited 4
<br />- - - Horrow~r ondtattldlp i, rtstriitttuits of hinds. If-the amount of the Futtds held by Lender shat) not bs svlnciem to WY fixes,
<br />- at+wssstseMr, uW-it»un'+ce pr,tiniums as Splay. Ulf dw,.Borrower shall pay to Lender any amarnt necssary to melts up tM
<br />- denMeti~y within. 3Q days. after twtiw-from Lender to Borrmwr-.rtttpraling paYmani tMroaf--
<br />- .[)pats peYernt-Infufl-o[ ail-sums--aeoured by-tilts Abrtgage. Larder shalt promptly-rofumt 4 Borrower any Funds Irid by
<br />- - Lander:
<br />- QY-CEN-iir75
<br />- '. RM5r31-
<br />AN{GtNAI RETSIRN TO EYANS FINANCFAI CORp.; BQRROVf€1? RETAIN _OpY
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