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<br /> ; IIVDIVIDUAL
<br /> DUE ON SALE _
<br /> ",��' OPTIONI#L FUTURE ADVANCES
<br /> SAVINGS FiJND
<br /> ��' FaaM No.720 `
<br /> ("'' ���` �oan Number_33935---- -?199_ -B.a14
<br /> �!- i
<br /> 7T: QQ1�95 M O R T 'G A G E .
<br /> , '; THIS MOR'I'GAGE,msde and executed this �� --- -........ day ot _. �..�t.v+..�---.. .---- A.D.,
<br /> x g B �.�?.... -Y .. �e_. _ ' � ; `,
<br /> d 19 77 between the Mort a or �Ro S uex:�_.Axts1.�:��s7,ue.J.3�.-0�..�,uessa--husband..and:wz3.e , • .
<br /> eaeh in hs.s and._her own right:and__�s;_sgouse::of t_e:.,t - '
<br /> r ._, _ � 4 ��X'.--�O,i.st�Jy.--and_s.exsrally_--•--•-..--•
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<br /> � af.,._..Grand.Island,._...., County of _Hall :. 'State of..._..b7�bx.askt�::.;hereinafter referred i .
<br /> , ._._.. ...... ..............
<br /> to as th�.Boxrower, and the°1Vlortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCTATI(3N`OF
<br /> j Y,INGOI.N, 1235 "N"Stzeet,;Lincoln, Nebraaka 6$501, i#s successors and a.�igns, heTeinafter re£erred to
<br /> as Lender,
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<br /> ; � WixrtEssE�x: That the said Borrower for and in consideration of the sum of .,_.... i
<br /> -�--....- -....
<br /> ; 7.�TX_THQIT,S.41�?,_AN,R.:ATSJ.�1(�� ..�...--. ..-----. _..— ---...�,�,.�...Dol:ars (US u��------�r40LS.QQ _....._-..J ;
<br /> paid by said'Lender,=does hereby mortgage,grant and convey to Lender, its successors and aasigns; the
<br /> � � foHowin$ described property located°in the Gounty of------...Ha11 .----_-- ..---.�..., State of NeUraska: ' ,.'
<br /> � I,at Ten (10), B7.ock I'wo (2), in Replat oF Rivers�de Acres, an Addition
<br /> ;, to the City of Grand Island, Ha13 County, Nebraska.
<br /> '. Toc�rrxEa with,all the.improvements now or hereafter erected on the property, and all easemenCs,
<br /> .s ` rights, appurtenances, rents; royalties, mineral, oil:and gas rights and- proSts, water, waterr rights, and .
<br /> w water stock,and ail,fixtures now or hereafter attached to the property, ail of which, including replace-
<br /> �, ments and additions thereto,st�all be deemed to be and remain a part of the property covered by t�is
<br /> � Mortgage; and all of the foregoing,together with said property (or the leasehoid estate in the event this
<br /> '� Ntortgage is on a leasehoid)'are heTein referred to as the "Propertp".
<br /> M Bormwer covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br /> , to mortgage,grant and cpnvey the Property, that the Property is unencumbered, and that Borrower wiil
<br /> ' warrant an+�defend generally the title to the Yroperty against all claims and dernands, subject to any
<br /> � ea.sements and restrici:ions 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 opirsion of titIe from abstract of title cerLi$ed
<br /> ...
<br /> � by bonded ahstracter_ e ' .
<br /> PxovrnEn ALwaYs; and these presents are executed and delivereci upon the follnwing con�ditions,agree-
<br /> ments and obligations of the Borrower, to-wit:
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<br /> + The Borrawer agrees to av to the Lender,or order the'principal sum of �. .....
<br /> �; T1,���.�Y THOUSAND,:AND NO�Ofl ------------^ -----.--:-Hollars (US $ 30,,0OO..QQ.:::... .:..:.:.}
<br /> , . ......................._,.......... .
<br /> � paysble as provided in a nate executed anci delivered;concurrentl,y heretiviih,the final payment of principal,
<br /> < i if not sooner paid,on ihe....:...7_si. ............ day of-----�- -�--�a�'---. ..............., LS?c:.2U�6
<br /> Uxir�oxs.z CovENaNTs. Borrower and Lender covenant and agree as follows:
<br /> 1. Paymeut af Priacipal�d Iaterest. Bormwer shall promptly pay when due tlie principal af and in-
<br /> terest on the indebtedness evidenced by the Note, prepayment and late ehar�es as provided in the P1ote,
<br /> i'. ' and the principal of and interest on any Future Advances secured by this NSortgage,
<br /> 2• Funds ior Taxes end lrsssrcmce. Subject to Lendar's option under paragrap;is 4 and 5 hereaf,B�r-
<br /> rower shall pay to Lender vn the da,y monthly installments o;principal and interestAre paya3ale under the �
<br /> Note,untii t}�e IVote is paid in full,a sum (herein ``Funds") equal ta one-twelfth of the yearly taxes and
<br /> ; assesements which may attais�priority over this il4artgage, and gmund rent_G on the ProT�erty,if anv c�lps
<br /> cna-twel€tt� �€ yE<.,Iy;�rcauuui u��u,ilinenis ior uazard insurance, plus one-twelith af,yearly premiurn in-
<br /> sta,.�lxnents far mortga�;e insuranse,if any all as reas�nably estimated initially and from time ta tiune bv �
<br /> Lender on the i�asis of a�sessmerets and i�ills antl reasonable estimat�s thEr�of,LE nder shail apply the f�unds
<br /> . tc� ray s;iic?��Yes,assess��nta-,a.-�u:aace�zeiniutua�uci gruunu reiiis.i.euueF•bnr�ii maxa uu eiaarge ivr sa
<br /> i>` haldfin� and applying the Funds or verifying and compiline said assessments and bilis. The Lender shal!
<br /> 3 Rive to the E3ormwar,,without charge,an annual accountang.of the Funds showing creclits and dekaits to the
<br /> Funds and the:puapose for ivhich eAch debit to the Funds was macie. 'The Funds are piedged as adc3itior�si
<br /> � ,� secsarity fpz the sums secured;by this Mortgage. The Borrower a�ree�;that the Funda ma.y be held by the '
<br /> r I.ender and.c;ommingled with oti3er,funds and the Lender's own #unds anc3 the I.ender may pay such items , ;�j ,,- r�,
<br /> " irorn its own funds and the Lender shall not lae liab2e for interesL or diviciends on suc:h Func33�. �,�;
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<br /> ` ; I£the.�uunt of the Funds held by I.enc3er,togs#her with the fut.ur�e monthiy instal3ments of F'vnds '��„ '
<br /> 'ti� : Payable piior ta the due datea of tases,assessments, ineuraa�s premiums and ground:rents, shall exceecl ��,
<br /> the arfnonnt-reqvired to pa3r said tases,assessuients,insuraneQ premivms and ground rents as they fa11 due, �a��
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<br /> ; suci�excess vcha]I�+e,st Bnrmwex's opt3vn, either promQtip repaid to$orrower or creclited'to Bormwer on �-
<br /> + ' mcxnt3ilv inst,gilmentx r�# Fun.�c: Lf thP.�zr:�s^.�ttf '.W e.F•..�:�.s uc.d b^ .T..c -' . syw„ �'-� _� • ��'s
<br /> . � _ . o L�^iG i�:d'i}'u.Y � . - .�
<br />�`� , _ triises.assessuients. insurancc�tire�niuxr�s�nd mtxnd re=±}R A� �i,.. fmt
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<br /> � - -_y _,.1 � p�:R„�..._ .h.�l pA„to Le:±d�r �
<br /> t �Y��g��eces�a�'S• !to make up the�3eSciemcy within thirty,days after notice from Lender to Borrawer ��"`,"
<br /> z ' reqt3estirig psyment thereof, or'�orlrower sha13 1� an increase in monthl .
<br /> i.
<br /> repay ts4ae dei'ic:�ency w;cthin Lhe Fund a+ecaunting p�egiod. . S'�S�llmezats of Funds required,
<br /> 1.1iwn payment in tutl of all sums;secured by tius TvIortgage;Lender shall apply Funds held as a credit
<br /> against ali s�;dne.
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