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<br /> INDIVIDUAI..
<br /> DUC ON SALE
<br /> OPTIONA6 RUTURE ADVANCES
<br /> 3AVINGB F'UND
<br /> ��.,� � RO.r N�.,m __ _ .. .
<br /> Loan Number__ 337.¢8 _ -.�,99e-- -:;,;<:
<br /> 77-006235 MORTGAGE
<br /> THIS MQR1`GAGE. enade and�ecuted this .....-......v�r.11t........... day of ..��s�Toti�,............. A.D.,
<br /> 19.---T.7..,between the Mortgagor, �tonald..A...nespina.and-Yathry.-n..A....Dea�.ins.,--huobaad--aad--wi-fe.
<br /> .aointly_..and._e.ach.ia..thr_ii=..n�..right...................................._....................___.... --.........--... ....._---�--..
<br /> of-_---Gsaad..Ialaad. ._..., County of ..............Hall..........----.State of ...Diebraslca-......,hezeinafter refeaed
<br /> to as the Borrow+er, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> LTNCOLN, 1235 "N" Straet, Lincoln, Nabraske 6B501, its succeseors and assigns, hereinafter referred to
<br /> as Lender.
<br /> � WITNF.BBETH: Tlfat ttfC caid Borrower for and in consideration of the sum of .TW�'�..T�$...T.l1QJ)BAND . .
<br /> AmD NO 100- ------
<br /> ..-------.../..........--_-----.----------.----.------_-----...__......- --�ol:ars (US$-��,�Q.Q,.QSt...... ... .....)
<br /> paid by aa+d Leesder, does 6ereby mortgage, grant and convey to Lender, ita auccessor� and aesigaa; the
<br /> EoAowir�described propertY located in the County of .....Hall........_.__..............., State of Nebraska:
<br /> Lot Forty-five (45), Wolfe's Subdivision in the City of Grand Island, Hall
<br /> Couaty, Nebraska.
<br /> Tocsrttas w�ith all tl�e improvements aow or here.after erected on the property, and all eaeemeet�c,
<br /> r�l�ta, apptietenences, renta, royaltiee, mineral, oil and gas rights and proSte, water, water righte, and
<br /> watsr stock,aad all fizturer now or here�after attached to the property, nll of which, includiaa repiace-
<br /> meeMs and additions thee�eto,shall be deemed to be and re�nain a part of the prnperty covered by thie
<br /> 1lfortp�e; and all of the foregoing, togethec w�ith eaid peoperty (or the leasehoid eatate in the event thie
<br /> btoet�ase ia on a lesoehold) are herein eeferred to ae the "Property„
<br /> Boerower ooveoantr that Borrower ie lswfully seiaed of the eetate hereby conveyed and has the right
<br /> �o�eost�sie,trant and ooesvey the Pro�erty, that the Property ie unet►cumbered, aad that Borrower will
<br /> wue�et s�d de�essd generaliy the tatle to the Pe�erty agsinat ali clwims and demsnds, subject to any
<br /> a�r�ftr aed t�estricti�ons listed ia a echedule of e:ceptione to coverage in ufy title ineurance policy in-
<br /> �Ieader's interest in the Property,or (2) attorney's opinion of title from abstraet of title oerti�ed
<br /> by bosded abotncter.
<br /> Pfovzoeu Ai.�vsirx, and tlzeoe preeente are ezecuted sud delivered upon the following conditions,aQree-
<br /> nrenb and obii�ationc of the Borrower, to-wit:
<br /> '17�e Horrowver agreea to pay to the Lender, or order, the principal sum of .-.IWF.�ITY..Ili�EE.TS0U5�►iD
<br /> JIlO-.11C/100--_.--..---�--�__���_•--.M_.-�---.----.-.----..---�opars NS$2 DOO.DO--...._.... )
<br /> .....�--- 3, .----�--
<br /> p�yabie as provided ie�a note ezecuted and delivered,concun�ently herewith,the Rnal payment of principal,
<br /> if t�ot rooeer paid,on t3�e. ....._...._.l.st---. day of.__.... Nov�ember__._... _...., 1*..2Q�6
<br /> Us�ttro�x CovsxwHrs. Borrower and I.eader rnvenant and agree sa foilows:
<br /> 1. hT�w�t a!1hic��ai asd Lw�wt. Borro+ver sf�al! P�mP�IY P`Y w�iien due the pr�ru�'pal of aud in-
<br /> teeeat en tbe mdebtedoera evidenced by the Note,preptyment and late charges as prov�ded in the Note,
<br /> awd t1�e pri�.�ipal of�d intee�eat on any Future Advancea eecured by thie Mortgage.
<br /> !. lhrrd�f�r Taw�msd h+surmx.v. Subject to Lertder's opGion under paragraphs 4 and 5 hereof, Bor-
<br /> towAet fhall pay to I�ender a�the day monthly inetaltmente of principal and inte�st are payable under the
<br /> Not+,unta!t9�e Note is p�id in full,a sum (her�ein "Funde") equa! to one-twelfth of the yearly tazeg and
<br /> arere�enta wi�ieh may attaitt peia�rity over this Matt�ge, snd grottnd reette on the F'ropertY, if any plus
<br /> me-ttv+dith of yearly �uemium iaotallments ffla hazard 'useurance, pJus oae-twelfth of yeariy premium m-
<br /> s�b �r moet�a�te insurnfce, if any, all aa reasonably extimated initisllY and from time to time by
<br /> [.e�der oa the I�ir of�re�enb asd bilir aed eeuomble eatimater tl�ereof,Lender ahall apply the Funda
<br /> �hsp�y�aid taaee+.wereo�mba.iewna■oe permiums ae�l. d rentr. Lendee ehall malce ew cher�e frsr eo
<br /> Iri�awi�ppiyi� tl�w P�eds ae�aed ao�eaid ae�eerments aesd billa. The L�der ehaU
<br /> fs ti�Beesrwr, vit6wt ciar�e.�w aaa�l aeoo�taes of t1�e Fundc el�owin�credits and debata to the
<br /> �w � t i
<br /> !'1�tlt aed tl�e @�epo��!oe�rhic3�re1�debit ts ttae Fuads s�as rrude. 'llse Fw�ds are pledged as additioaal '
<br /> ..ereiEj�/sr tlrs amn.ssc.red i�is Maet{�e. 'Pl�e Beese.Per•srees tl�at the P'unds may be held by the
<br /> Lr�e a�a�led wilh�t1�aed tl�e Lseelee's wrn Euod�end t6e Lender tn�y pay suc;b items x_
<br /> ', �rowt ih ea lr�ir ad tir Iwbe idl�et i�Kabi�br i�emrt or dividend�oa euch Fuada. __ _..., ' , �� '
<br /> �; It tlr a�rwwt d tlr!�i Wi�►Iw�ier.1�sNt�ee ritit t6a EadMe moetl�v ia�tatl�sents o[ Fuot� i
<br /> iVj M1��MMe M�IV iw iN�r�!1�ar.a��al�. mwn�oe pra�i�� md trau+d rmts. shali es�eeed
<br /> .IY a�1rYt r�r�wd is�y�id t+�ar�,an�ats.isw�o�ps�emi�ues�wd sru�nd rentc as tl�ey fa11 due,
<br /> weia warrs ai��iw rt Hrasw�'���+�ilirrp�7� �s Sse�a�wee oe creited bo Boeraweee oa . ��
<br /> a�1C�r �C qt ,Fwr�ie. It t�lls�t�t i� Fu�d���!' I.aedrr�S►]1 aoL k�rufficient t� EwY ' �,�
<br /> �1r�,aM�e�iwMR iw�es�w�iM�s a�p�rd nabs a� tJrey idt due. Boe�nnrree el�ait pay to I,eader �
<br /> a14�aw�w�kf�M�� illr�wili�i�i�iety da�rs al6rr wotic�e from I.ender to B�oreow�er
<br /> wl�MMi1t �g�!IYwd.�e�i�ti. ui i�cwr i��s�tii�+ie�tal6neab of Fu�+e4uited.
<br /> ���tlM��Mie�ry�ill�i�qM !�amaa�Mi�pe�-
<br /> CTlw�a'lwr��t iw fWl�f d srs�c�ed by�s D�feRtp�e,Leeder ei�ail apQly Funde held se a cnedit
<br /> p apint aM a�r i. �
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