|
�. , ���
<br /> , ;�
<br /> _ C z�..�
<br /> � .�,, �
<br /> - '. INDIVIDUAL
<br /> ' DUE OfV SALE
<br /> ��R�` OPTIONAL, FUTURE ADVANCES
<br /> �� , SAVINGS FUND ,
<br /> , FORM No.720 � .... ..� .� . . . � . .. .. :�. . �
<br /> � �'���� Loan Number_ 3/s140__�-_ 188-:`-_1_--
<br /> t�� . .. TYPe Branch � �
<br /> .�.: „':�� � �' .. :
<br /> . !,
<br /> '` �'j'�QU4�56 M O R T G A G E z,
<br /> '� THI$MORTGAGE,made and executed this ...:..: �� _:. ..: day of__... �.�4sf •.---_ ---.. A'.D., ,
<br /> � 18_7?.._,between the IvIortgagor,.Iiszhe.�t..G..Z.'vexs.oll..and_.Jud.y-..A�_.:�.vezss�.7.l,..b.usba.nd.:and.�iif�e, �.
<br /> � �o3�tlY �d ���� ir� th��7S A.�:.]�i8h�' - - �..... ......:. ,_ ....._:.... ....--•--- : ' .
<br /> i of.._�C�.rand Island...:.__..., County of :-- ---._..._�I�ZI..............„ State of_:.Iiehx.aska...._',hereinafter referred :
<br /> � > to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN AS50CIATION OF ' ''
<br /> ` F ' LIIVCOLN,1235 "N" Street, Lincoln,Nebraska 6850]., its successors and assigns,hexeinafter referred to
<br /> f as Lender.
<br /> � WtTN ETx That the said Borrower for and in consideration of the sum of THLRTY S. D
<br /> FIVE TAOU AN '
<br /> 4 , AND NO��00 .--,.-'Dol;ars (US$35,000 00.,.. •- ---•---�
<br /> ._...... ...---- .............. . .. ....�•-- ---•--.. ...,._..
<br /> + � paid by sazd Lender, does hereby mortgage,grant and convey to Lender, its successors and assigns; the '
<br /> i following described propertylocated in the County of ....._.Hall. _., State of Nebraska:
<br /> � Lot 12� in Block A,' in Parkview Subdivisi.on, in the Northeast (�,uarter oP �'
<br /> ; Section`29, and the Northwest Quarter of Section 28, a11 in Township 11, '; `
<br /> ' North, Range g West of the 6th P,M., Grand Island, Aall County, Nebraska.
<br /> (
<br /> ;
<br /> 8 r,
<br /> �
<br /> �
<br /> TocExx$x with all the improvements now or hereafter erected on the property, and all easements,
<br /> rights; appurtenances, rents, royalties, rnineral, 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 tbis
<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 rnortgage, 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 /> x sur�ng'Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br /> r'� by bonded abstracter.
<br /> ' Pxovtn�n ALwaYs, and these presents are executed and delivered upon the following conditions,agree-
<br /> °� � ments and obligations of the Borrower, to-wit;
<br /> � �: ,. , , ,
<br /> i:
<br /> The Borrawer agrees to pay to the Lender,or order, the principal sum of T�iIRTY_.FIVE,THOIjS,At�p.._ -
<br /> ' ; AND NO/100 ------ -----------------Z?ollars (US$_.35�000_00
<br /> --•--.._ .....-- ---�-•• ......... ......... -•---------------...---...._..--- -...::..)
<br /> $ payable as pmvided in a note executed and delivered,concurrently herewith,the final payment of principal, .
<br /> x if not sooner paid,on'the. lst -:---------- day of._...September-------------------�g..20Q6
<br /> T IIxiFoaM CovExaxzs_ Borrower and Lender covenant and agree as fotlows:
<br /> s L Payment of Pruici al �d Interest. Borrower shall
<br /> p promptiy 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 Note,
<br /> ; and the principal o#and interest on any Future Adyances secured by this Mortgage.
<br /> i ,
<br /> 2. Funds for Taxes and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> rower shali 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 taxes and �
<br /> � assessments which may attain griority over this Mortgage, and ground rents on the Property, if any plus
<br /> . ; qne-twelfth of;yeariy premium instailments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> stallments for mortgage insurance, if any,all as reasonably estimated initially and from time to time by
<br /> Lender on the basis of assessments and bills and reasonable estimates thereof,Lender shall apply the Fune�s
<br /> to pay said tases;assessments,insurance prexniums and ground rents. Len3er sha21 inake na crarge for so
<br /> holding'and applying the Funds or verifying and compiling said assessments and bills: The Lender shall
<br /> , �; give to>the Borrower,without ehar�e,an annual accounting of the Funds showing eredits 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 by this Mortgage. The Borrow,er agrees that the Funds may be heid by the �:
<br /> � : I.ender and commingied with ather funds and the Lender's own funds and the Lender may pay such items ,� : ,�
<br /> � from its own funds and the Lender sha11 not be liable for interest or dividends on such Funds_ •._. �'�
<br /> r rt
<br /> , If th�amount of the,Funds held by Lende,r,together with the £nture monthly instaiiments of Funds �� �� ��.
<br /> �� payable;prioF to the due dates of taxes,ass�aments, insurance premiums and ground rents, ahall eaceed "Y
<br /> ' the amount required tq pay said tages,aasessments, insuraace premiums and ground rents as they fa13 due, ;±a��,.
<br /> :such excess shall be, at Borrower's option;either promptiy repaid to Borrower or credited to Borrower on -�`'`
<br /> ' -monthl �' ,
<br /> ` � y installmen#s of Funds: If the amount of the Fands held hy i.en�er�hall not be�iafficzent to pay ` � m�
<br /> `„ taxes,'assessznents,.imsurance'premiums'and grouud ients as they fall due, Borrower shall
<br /> pay to Leader
<br /> any amount necessary to maice up the defipency vc�thin thirty days after notice from Lender ta Borrower �rt`
<br /> requeatiiag payment thereof, or Borrower shall,'by an increase in monthly installments af Funds required,
<br /> repay the deficiency within the Fund aceounting period.
<br /> , �
<br /> Uposx payment in full o�all sums secured by this Mortgage,Lender shall apply Funds held as a credit
<br /> ,'� against all sums due. -
<br /> ,.: . _. ,: �
<br />� �
<br />
|