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<br /> INDIVIDUAL �
<br /> ��� 6LiE ON SAL�
<br /> �'R�' OPTIONAL FUTURE ADVANCES
<br /> r��yCpw■ SAVINGS FUND
<br /> S QOS34P�C FORM No.720
<br /> �,�C��� Loan Number__34032___-__188_—__1__
<br /> � �YPQ B.e��h , . . .
<br /> ��-
<br /> 004�3� M O R "� G A G E
<br /> THIS MORTGAGE, made and executed this . ..c��7 ..... ..... . day of ..��,E'�. .. .. . .. A.D.,
<br /> " 19_....7.7..,between the 114ortgagor,...T.om Haney and Diane.Haney,.,husband �id w fe�_.jointly,and.
<br /> each..in..their_own..right---- -.-- .....---- -..._. ..
<br /> ..... ........ ......�--.... . _. ... ....---- -.... . . .--�----..... .. ..
<br /> , op ___..Grand..Island_._____ County of .Hall...._ .. ._ ,State of. Nebraska ,hereinafter referred
<br /> to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LINCOLN, 1235 "N" Street, Lincoin, Nebraska 68501, its successors and assigns, hereinafter referred to
<br /> as Lender.
<br /> WiTNEsssz'x: That the said Borro�ver for and in consideration of the sum of .xi�SIxX..F.I�E...'�HQUS,9ND
<br /> SSX..HllHDREA..2NA..NQLIQA---r-.--c-r---r.-.----------r.----..-.-i�oP.ars (US$...25.>-6QQ..9.0... ...........)
<br /> paid by said Lender, does hereby mortgage, grant and conve,y to Lender, its successors and assigns; the
<br /> . following described property located in the County of ..._...............H�.1.7.._..__........., State of Nebraska:
<br /> Lot Fourteen (14) in Block Three (3) in Va11ey View Subdivision,
<br /> in the North 1103.0 feet of the East Ha1f of the Northeast
<br /> Quarter (EZNE4) of Section Twenty-two (22), Township Eleven (11)
<br /> North, Range Nine (y), West of the 6th P.M., in Hall County,
<br /> Nebraska.
<br /> ` TocE�rx�x with all 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 stock, and all fixtures 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 said property (or 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 ttiat 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 exeeptions to coverage in any title insurance policy in-
<br /> suring Lender's inCerest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br /> by bonded abstracter.
<br /> Paovrosu Ar.wnYs, and these pre.sents are executed and delivered upon the following conditions,agree-
<br /> � ments and obligations of the Borrower, to-wit:
<br /> ` The Borrower agrees to pay to the Lender, or order, the principal sum of ..T�.^7�NTY__FIVE_.THO[7$ANp_
<br /> � ..SIX..I3DNIIRED..AND_I1Q/.1D.0.---r---r.-.-c--.--c--.-----.-----.�ollars (IJS �--2�..600.0.9.. -.------_.)
<br /> payable as provided in a note executed and delivered,concurrently herewith,the final payment of prinr.ipal, .
<br /> ° if not sooner paid, on the_..,lst._____...,,__.__ day of..._.Atxgust____.._______,_____„ }�._�002
<br /> , -
<br /> {
<br /> r UxiFoaM CovEt�nxTs. Borrower and Lender covenant and agree as follo�vs:
<br /> . 1. Payment of Principal and Interest. Borrower shall proinptly pay when due the principal of and in-
<br /> terest on the indebtedness evidenced by the Note, prepay�ment and late charges as provided in the ATote,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2. Funds for Taxes and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> rower shall pay to Lender on the day monthly installments of principal and interest are payable under the
<br /> Note, until the Note is paid in full,a sum (herein "Funds") equal to one-twelfth of the yearly tases and
<br /> assessments which may attain priority over this I�tortgage, and ground rents on the Property, if any plus
<br /> one-twelith of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortgage insurance, if any, alt as reasonably estimated initiallv and from time to time by
<br /> I,ender on the basis of assessments and bills and reasonabie estimat�;s thereuf,Lender shall apply the Funds
<br /> to pay said taxes, assessments,insUrance prerniums and ground renta. Lender 5hall make no charge for tio -
<br /> holdinb and applying the Funds or verif}•ing and com�ilzng said assessznents and bills. Thc Lender shall
<br /> give ta the Borrower, without charge, an annual accounting of the Funds showing credits and debits to the
<br /> Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br /> security for the sums secured bv this Mortgage. The Borrower agrees that the Funds Tnay be held b,y the k
<br /> Lender and coznmingled with other funds and the Lender'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. . ""� "a'�ro
<br /> If the amount of the Fands held by Lender,together with the future monthly installments of Funds
<br /> puyable prior to the due dates of taxes, assessments, insurance preiniums and ground ren�s, shall exceed
<br /> � the amount required to pay said taxes,assessments, insurance premiums and ground rents as they fall due, :
<br /> such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited to Borrower on �.
<br /> monthly installments of Funds. If the amount of the Funds held by Lender shall not be suH'icient. t.o pay
<br /> taxes, assessmen�s, insurance premiums and gmund rentG as they fall due, Bormwer�hall �ay tn I.ender
<br />� any amount necessary to make up the deficiencv within thirty days after notice from Lender to Borrower -
<br /> requestin$payment thereof, or Borrower shall,�by an increase in monthly installments of Funds required,
<br /> repay the deficiency within the Fund accounting period.
<br /> Upon payment in full of all sums secured by this Mort�a�e,Lender shall apply Funds lield as a credit:
<br />�„ � against all sums due.
<br />''c. cr.....,, . . . . . �� �
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