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<br /> INDIVIDUAL
<br /> DUE ON SALE
<br /> ��ST OPTIONAI_ FUTURE �DVANCES
<br /> ��pwL < SAVINGS F'UND
<br /> ��� FoaM No.720 � �� � � �
<br /> pa'���C/� LINCOLN Loan Num�ver--- 34343 --,isa__-_Bi��h
<br /> � �-Q�.�..� 1�'-� � ,
<br /> C,�5��0
<br /> -��8�4-�?r`�— M O R T G A G E
<br /> : TF3IS MORTGAGE, made and executed thie.... —...�:`1�..:. .......da� of :.G_�-�-���e:c��..- ---:: A.D., „ `,
<br /> > 19.?.7..::_,between theMo�-tgagor,...Wacren..Il....Math�ws..and.:Nadine._�'.:_.Ma.thews.,.._..hushand--.a.nd'�wi�e, ;
<br /> ,�s��ntl_y...ans3:.aach..in..�heir..nTan._right,..:.:........—......---........._.........----- ---•----.....-----�---..-----... ------...-•-:._..._ ,
<br /> ' of..:.::�zan.d_.Zs,land...,...— , Countyof ..........:...Ha11..._ .......__..,Stateof...*��•Zebraska....._,hereinafter referred ' ,
<br /> to as tfae Borrower,und -�he Mortgagee, FIRS'f FEDERAL SAVINGS AND LOAI�3- ASSOCIAZ`ION OF
<br /> � LINCOZN, 1235 "N°St�eet, Lincoln, Nebraskn 68501,its successors a�ad assigns, hereinafter referred to `
<br /> as Lender:
<br /> ` WrTxEssETx: Thut�he said Borrower for nnd i�consideration of ��e sum of Ti��NTY. THOLTSAND...,,_
<br /> t SEVEN HUNDRED AND NOI"`100----------------------------Dol:a�s <US $--..20�,,700--UQ-- -- -.---...._.)
<br /> : . . ....,.. ......_ ..................-- --�---.. .........._ _......---.......----
<br /> paid by said Lender,cloes hereby mortgage, grant anc� convey to Lend�a, its successors and assigns; the ;,
<br /> = following described prope�ty located in the County of ....... .......Hall _ , __� Stat�e of Nebras�a: „
<br /> The ��st One-Half (Ez) of Lo�-t Three (3)� i�. Blocii Twa (2), '`
<br /> - in Har�.ri's Second Addition tcs-- the City of Gz-and Zsland � �
<br /> Nebras-ka, being a rectangula�..� tract of gro�nd having an
<br /> eaet f-�Y�ontage of Fifty-Seven—_ Feet (57') on Kimball Av�nue
<br /> in sai d'city, and a depth of"' Ninety-Five F�et (95' )•
<br />� ` THIS I� A CORRECTIVE MORTGAGE TO CORRECT MI-_SSING ACKIVOWLEGE�?EN'� DATE .
<br /> TocE2•c-iEs wiih ali tl�e improvements now oe he�eafter erected on the propert}r, and all ea:sements,
<br /> righls, appurtenances,rer�ts, royalties, mineral,oil a�d gas rights and profits, watar, water rights,'and
<br /> water s�ock, and all fixtu3es now or hereafter attach�d to the propert�, all of whic�, including replace-
<br /> ments and additions ther�to,shall be deemed to be ar�d remain a part of the proparty covered by this
<br /> Mortgage; and all of the foregoing, together with sai---d property (or th� leasehold estate in the event this
<br /> Mortgage is on a leaseho�d) are herein referred lo a� the "Property".
<br /> $ormwer covenants�hat Borrower is lawfully sei=-sed of the estate tn�ereby convey�c3 and has the right
<br /> - , to mortgage, grant and cc�nvey the Property,that th� Property is unencumbered, an.d that Borrower will
<br /> warrant and defend gene�ally the title to the Proper�y against all clair,ns and dem�nd.s, subject to any
<br /> easements and restriction�'listed in a schedule of exc�ptions to coveraga in any title insurance policy in-
<br /> suring Lender's interest ir� the Property, or (2)attorr-�aey's opinion of ti-�le from absta�ct of title certified
<br /> _ by bonded abstracter.
<br /> PxovinEn A�wnYs,a�d these nresents are execut�-ed and delivered u�or the follow�ng conditions,agree-
<br /> ments and obligations of -the Borrower, to-wit;
<br /> ' The Borrower aqrees �o pay to the Lender,or orc�er,the principal sum o£_TWF.,�I�i..TIiQIISA.DID_.SEV.EN_
<br /> .�I11NA�D..�TA..H.01.],RA-.._----------------------------------Dolla�s (US $---2QyZD.Q._QD.-•------.. ...._.)
<br /> ....................•----...................—......._ .......
<br /> payAble as provided in a�-ote executed and delivered,�oncurrently herew�th, the final payment of principal,
<br /> ' if not sooner paid,on the_ :......._....:1s�_._ day of......._ ..S.e.gtemb_er,..... - --.....,�9_2QQ2
<br /> UxxFoaM Cov�ivnNTs_ Borrower and Lendercovermmant and agreeas €vllows:
<br /> 1. Payment of Principezl cmd Interest. Borrower staaall promptly pay when due the principal of and in-
<br /> " terest on the indebtednes� evidenced by the Note,pre--pa,yment and late charges as p�ovided in tlae Note,
<br /> and the principnl of and i�terest on any Future Advar�ces secured by this Mortgage.
<br /> 2. Funds for Taxes ar�d Insurance_ Subject to Le�der's option und�a paragraphs � and 5 hereof, Bor-
<br /> mwer shall pay to Lender- on the day monthly insCali�-nents of principal and interest a�e payable under the
<br /> . ' Note,ur_til the Note is pa�d in full,a sum (herein"F�nds") eyual to orz�-twelfth of the yearly ta._�,es and
<br /> • assossments which mu,y at�ain priority over this nlortg�age, and ground rents on the Property, if any plus
<br /> one-twelfth of yearly prera�ium instaliments for hazar�ins�rance,plus c�z�e-twelfth of yearly premium�n-
<br /> , stallmen£s for mortgage i�surance,if any, all ae reaso�ably estimnted irzitially and from time to �ime by
<br /> Lender on the basis of aes�ssments and bills and reason=able estimates therso#, Lender s�all apply the Funds
<br /> to pay said taxes,assessm�nts, ineurance premiums arL_d ground rents.I.�nder shali make na charge for so
<br /> holding and applying the Fund�or verifying and con�piling said assess�ents and bil�s. The Lender shall
<br /> give 1u tlie Borrower,with-�-out charge,an annual accou_—nting of the Funds showing cred3ts and debits to the
<br /> , Funds aad the purpose for which each debit to the Pun-=-ds was made,The Funds are p�edg'ed as additional
<br /> security for the sume secu�ed by this Mortgage,The Borrower agrees th�ct the Funds rnay he held. b,y the
<br /> Lender and commingled w�th other funds and the Len�der's own funds anr3 the Lender rnay pay suc�items . � .
<br /> from i�s own funde and tls�e Lender shall not beiiabl�for interest or di��dends on such Funds. _ k�`
<br /> _....
<br /> � : .t:
<br /> If t�e amount of the�'unds held by Lender,toget�ier with the future monthly in�ta3lments of Punds �"�
<br /> � � payable prior to the due`�ates of taxes;assessments, mmnsurance premiurr�-s and grounc� renYs, shall exceed �`
<br /> the smvzznt required to pa�said taxes,assessments,in�urance prerniums and ground r�zits r�s they fall due, ��
<br /> _ . such excess shall be,aE Bc�rrower's option, either pro�x�ptly repaid to Borxower or cred�ted to Borrower on ,���
<br /> � monthly installments of F`unds. If the amount o6the Funds held by Leader shall not be suf£icient to pay " '�
<br /> �� � �
<br /> taxea, assessments,insura�zce premiuzns:and ground rents as they iall d�e, Borrower shall pay to Lender . '
<br />� any amcunt necessary tu,�nake up the deficiency withssn thirty days nfte� notice from `Lender to Borrower
<br /> requesti�e payment there�f, or Borrower shall;�y an incr�:ase in montl��-*.r i�ta�lrnent� of h'unds re-�u:rec2, ""'
<br /> repay tIr�deficiency withir� the Fund accounting perio-�d:
<br /> Upcsr payment in fu14 of all sums secured b,y Ehis�Tortgage,I.ender��ail appi_y F�nds held as a credit
<br /> �: againet�zll sums due. .
<br /> � �� � .. � �
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