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<br /> INCfIVII?UAL.
<br /> DLE AN SALE `
<br /> S � OPTiONAL,.FUTIJRE'ADYAIVCES
<br /> SAYiNGS FUND
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<br /> FaRMr Nn.72tf,
<br /> ���K�'"' 33oio -- Y88 i4
<br /> l,oan Number------------- -- -- -
<br /> �� .•. ' ... TYPn �.�—^ Biancl�
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<br /> � � ,?,�- �[�.1'7�0 � M O F. T 'G A G E
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<br /> '^ � TiiI�iwIOR'TaGAGE,made:and execut�d this � � day of....A�?!k�_.L. .....:. _. A.A:, ' !
<br /> � � 19�`1..---:,beEwee�the Mortgagor Mi,lan. �r..:RaY..�F��.:�o�'.Q"t'.ri?Y.'-M_<_..�i&Y.a.�k�ilSl?.&�d..�JC1d..W�er-z:tich--:- , �
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<br /> t ' �n hzs.and�her_oan ind�v3dual.ri;ght__and_as..s�4i3s�..Q.�'.::�lx�_Qtb.ex,__�.Qi.nt1.3'.-.a1id..sesr.exa3ly;
<br /> � o# .,Grp�d,Island _..., County of..;. Hal1.--. ..-.-•-.--�...,State of.:i�Je.�2'&Sk.�.._.....,hereinafter refert'ed �
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<br /> � ta as the Barrawer, and the 1klortgagee, FIRS'T FEI7�RAL SAVING3 AND LOAN ASSCICIATIC}N OF
<br /> ° 'LING{?LN, 1235 "N"'Street,'Lincoln;:NeUraska 68501; its succe.ssors and assigns, hereinafter referred to ` ` '
<br /> �� �ss I.endes_ � �
<br /> _} .� .. .�. .. ���� �� . � , � . .. .'. . ' _
<br /> � WiTxEssETx Th$L the saad Borrower for and in consxderation of the sum of k:OZ�CX FS?tTR 7�iDT�S.AAIIID `
<br /> SIX HUI�IDRID �'ORT'l AND NO 100 ......__..r.�ol'.ars (US$�}�:,. ._ .._....:) ; ' `
<br /> � _ ....... ........ ....._.. .------�-1.. ....,:.. . ,.--- -,....._. �w:.o�...,..:.. '
<br /> ` � paid by sazd Lender;does hereby mortgage, grt►nt and convey to I:.�nder; its successors and sssigns; the ` ' '
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<br /> ,;.� ' foilowuig deseribed property located in the iCounty of`-. ---Hail ,.::..---.--•----; State of;Nebraska: c , `
<br /> � < Lot Eighteen (18), Block; One (1), Southern.Acr�s Addition to the City,o�
<br /> ° ..£ Grand �sland; Hall County, Nelaraska. ''
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<br /> �� T4cErHsx with all'the improvements now or hereafter erected on the property, and alI easements,
<br /> �%{ �� 'rights, appartenances;rents,ro alties, minerul ail and �
<br /> y , gas rights and>profits; cvater, water rights, und
<br /> �„`�� water stock;and all fistures now or hereafter attached to the property, all of which;,including replace-
<br /> f inents and additions thereto,ehall-be deemed to be and reinaia a part of the property covered by this � ' . ;�`
<br /> �" Mortgage; and ali of.the f�regoing, together with said praperty (or the leasehold estaEe in the event this
<br /> j <IvSortgage is on`a teasehold) are herein referred to as the "Property°c ' ``
<br /> ''� Bo�nwer covenants that Burrower is lawfuily seised of the estate hereby conveyed and has.the right
<br /> ta mortgage, grant and convey the Propexty, that the Property is unencumbered, and that Borrower wili
<br /> � warrant snd defend.generally the title to the Property against all claims and demands, subject to anY ' � ` '
<br /> easexnents�d restrictions listed ixi a schedule of exceptions to coverage in anyr title insurance'policy in-
<br /> � suring i.eader"s interest in the Property,or (2) attorney's opinion of title from abstract of title certified
<br /> �':�s by bonded abstracter,
<br /> �'� ` Ptiavzn�n ALwaYs, and'these pmsents are-executed�nd delivered upon the following conditions;r►gree-
<br /> r�,�*y meats and obligations of the,Borrower; :to-wit:
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<br /> The Borrower agmes to pay to the Lender or order the pnncipal sum of ...F.Q&Tx,SOI7& �FIpiJSA3+fI)"
<br /> ,�'� __SSX��:.FCIAT.Y:ANIl.SI0�1l1Q-----' _..:--. ........ ........-.�ollars (US�:t+�6l+Q�OQ..,._.:.. .__...:)
<br /> � � pa�able as provideci in a note executed and.delivered,concurrenCly herewith,the final payment of pnncipal,
<br /> ., � if not sooner paid,on the'--..:ls�-----......._._day of----.:.._Apr�.l_...._.._ ...._._._._, D�.2QD6
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<br /> �� � UxYroaM Cov�xaxrs. Borrower and Lender eovenant and agree as foIlow�s
<br /> T,�..t� . . . � . . . . . . .
<br /> � 1. Paymeat of Principtxl and Interest. Burrower shall grompCly �ay when ciue the.�rinc�ipal of anci in-
<br /> '` ; terest on the indebtedness evidenced by the Note,prepayment and 3ate charges as provzded in,the Note,
<br /> ' and the principai of and interest on uny Future Advances secured by ihis Mortg�ge. -
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<br /> 2.:.Funds far Taxes and Insuraace. Subject to I,ender's option euider paragraphs 4 and 5 hereoS,Btar-
<br /> , rower shall pay to Lender on the da,y monthly installments of princi�al r�nd;interest are payabte under Lhe
<br />� f iVute, u3ntil the?VoL-e is pai�i in fuli,a sum (herein"�unds") equai to one-twelfth af the yearly.taxes and
<br /> i assessments which rnay attaiin priaritY over this Mortgage, and,ground i•ents on-the Pro�erty if any plus
<br /> � one-twelf#h of yeariy premium installrnents for hazard insurauce, plvs one twelfth of yearly premiuira in
<br /> � s#.aUmerits #or mortgage ineurance> iP a:�,y, all as reasofiably estimated fn;t.An, ��,a �.,.._.. ,.>_,_L tv'«.�4 T�;;
<br />� s, I,c:nuer cin tiie`�re�v4 oi asseasmenis anci F�i1Is and reas�nable estimates there�f,Lender shall apply the ru.�ds
<br /> ` to paY said tauces;a.sse�Aments;-insurxnce Dremiume anci gmund xents:I,ender sh�ll znake na charge foz ao
<br /> ;, t holcling,and applyiag the Funris o�verifying;and campiling said-assessments and bills. The T�ender s�all
<br /> give.tcs the$orrowex,withsfut charge,an annual account3ng of t}te Ftiands showing cr�dits and debits to the
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<br /> ; �nnda aad tlae gu�rrp�ose far which eaoh de}ait to the F'amd�was rnade. The Funds are pledged as:�dditional
<br /> � see.urity.:far.t.he sunas sec.-ursd by:this Mortgage.:TlYe Borrower agrees Chat the Fundr,�nay be held by i.he
<br /> Y I.����.�r:�!Cnrnm_i.�al�,�;th ot�er func3s aa+3 t�e Laudar's own iund�and sne i.ender mav pay such items , :^��:
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<br /> 3 from its own #unds and the Lender shall not be lia�le for interest ar disidands on �.�c. Fund,. ' °� � `
<br /> # T£�he amoµti��of the'Furtda#ie3d by Lemder,tog�ther with the future monthly ittsi;alkneni.s of Funds � �sf � �
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<br /> P$Ys�le-.�upr:ta�the dus>dates nf�ses.asb-essments, insurance;premiums and grou�ad rents� shall exceed ; � .,,;
<br /> A�, t�+p atttaaut�reyuuied,topa y said taaes,asse�s,�n�ats, insurance prea�i�is and gxround aents as they fa�l c�ue, .
<br /> uve
<br /> � sueh,excea�,�staa3k:b�,.at Bnn-awer's option;ei#herrpr�mptiv repaid ta l3orrower ar credited to$orrowar nn ��"
<br /> ',�.; r�aonthiJr;'�;nskallrnenl�s��t;�+'unds. TS the a�o�nt af t�e Fua+ds held by Lender shaIi not be suHiaient to pay , �" �
<br /> ' cax�s, a�sse�rnents, �ursa4ce premxums and groutid rents ae they fa3!due, Borrowes shuli pay to Len:cier ",��'
<br /> , ; �3?acut+�xt u�,�rarxy #,�i ;na.ue up ihe dehciency withia thirtq da3is atter noties trom Lender to t3orrower .
<br /> w � zequ�t�i�ig pa�nent thex�eof,ur Borrower shaii,by an inerease in manthl9 instsllnients of Funds reqvired,
<br /> c cepsy t�e�e�iciency within tk�e�nd accowating period. `
<br /> ' :.T�n �wysue;al�u fuL' uf.aII�urs��ecuru�by=this Mostgag�,i.ender shail app1Y �'unds held as a credit
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<br /> against all snrnx�3ue. �
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