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<br /> ? : 11VDIVIDUAL - .
<br /> � DUE ON'SALE :
<br /> � � OPTIONAL FUTURE ADVANCES 't
<br /> SAVINGS'FUNQ �
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<br /> ��f � - � ��� FowM No.720, . .... . . .. . . . �. . : . . � . , �.. +��
<br /> ���=N Loan Num6er___35759 — 188 — Z � R �.
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<br /> x ,�8=� U 015 0 0 M O R T G A G E � � ' ' YA
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<br /> �. THI3 MORTGAGE, made and eaecnted this _..._....-•.............../�day of,//1 .-- •--._A.D., r > �'p;
<br /> �n2����/�/�....."""' '�_ s � b.
<br /> ' 19-:��,between the Mortgagor, .._.k's�drzFl�..A.....iCz'�der._.and..Rarbara..A.__Xreider....l�usband.and. ` ..; ; ;.;
<br /> `� ' wzf�.`�o,�ilt�9°c3�s�..e.��h..�.z�..tt.t��x..o.tr�...t.isht....•-••-•-----••--•.._...•----••-•...............••-•---•-•---.........-•------ --•----••
<br /> of ...: Grand_Ss2and,----• County of ----•----•••Kd�Z...•---•-•-----.,State of._.Hebra,ska----...,hereinafter referred '' �� k=
<br /> to as tlie Borrower, and the Mortgagee, FIAST FEDERAL SAVINGS AND LOAN ASSOCIATION OF t .
<br /> LINCOLN, 1235 "N"Street, LincoIn,Nebraska 68501, its succeasors and assigns, hereinafter referred to �;
<br /> �
<br /> as I.ender. r
<br /> � WITNE99ETH �TI78t t}iB SalCl BOTIOW¢r for and in�consideration of the sum of.�-'_NTY_THovSANv AND �h rs.
<br /> NO/ZOO _______--_____________-____-__________ , 20.000 00 $
<br /> .• ••.••• ---•..................•---•---._..._...._...--•--.....-•-----.._.._....------••--�-----..._Dol.ars (US$.---••---•--•.. ....... ..... _.) , '� *r
<br /> paid by said Lender, does hereby mortgage, grant and convey to Lender, its succesaors and assigns; the + ;}'��,,�
<br /> '. , following deacribed property located in the County of...-•--••---•--•-�aI1.-•--•---------.., State of Nebraska: u. ;; ;' +�'�.'�`
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<br /> I�ot Oae (1), B1ocls One Hundred Thirty-two (132), of Koenig and Wiebe`s Addition ;<. ;4 "��
<br /> to Grand Island, Ha]1 Couaty, Nebraska. ;�!`' r'�
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<br /> Toc�raEs with all the improvements now or hereafter erected on the property, and aIl ea�ements, , ���,� �
<br /> rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and * ' �"��
<br /> water stocic,and all fiatures now or hereafter attached to the ro e S T�P��- � ;,����.
<br /> p p rty, all of which, includin �
<br /> ments and additions thereto,shall be deemed to be and remain a part of the property covered by this �' , s� fi�c�*
<br /> Mortgage; and all of'the foregoing, together with said property (or theleasehold estate in the event this i } ��`���
<br /> f:
<br /> Mortgage is on-a leasehold) are herein referred to as the "Property". ,,. . -� � n
<br /> . . . � .� �: '- j u�s�,
<br /> Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and 2�ss the right � �; ��w��,
<br /> .,: ta mortgage,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 demande, subject.to sny � �`�>T
<br /> „ essements and restrictions Iisted in a achedule of esceptions to coverage in any title insurance policy in- � " ,`. "'�5
<br /> �°
<br /> suring Lender's intereat in the Property, or (2) attorney's opinion of title from abstract of title certified � r_ ,�,t{`
<br /> bp bonded abstracter. ;�' �'�;
<br /> PaoviaEn ALwaYs,and these preaents aze executed and delivered upon the following conditions,agree- �'� " ;
<br /> menta and'obligations of the Borrower, to-wit: Y�,�.z,
<br /> o-
<br /> ENTY THOUSAND AND b
<br /> ,. The Sorrowes agrees to pay to the Lender,or order, the principal sum of_�'�?'............................ �'
<br /> ' NO 1�0 ------------------------------- 20 000.00 r .
<br /> ; �-•-1-------._ ...�_._-- --- ---•----------�-•------------------------------------------------------------Dov� tus $...---.._..._...--------....---�------•>
<br /> payable as provided in a note eaecuted and delivered,concurrently herewith,the final payment of principal,
<br /> : if not sooner paid,on the_'--.:�,15:'�.............. �Y°f---•--.......-�x�-----._...-------.._,�@.2403 �. :: a ^.
<br /> .;w,
<br /> Uxisoat�t CovExwNxs_Borrower and Lender covenant and agree as follows:
<br /> - 1. Paysnent of Pziacipal�d Iatereat Borrower shall pmmptly pay when due the principal of and in-
<br /> terest oa the indebtedness evidenced by the Note,prepayment and late charges as provided in the Note,
<br /> ' and the prineipal of and interest on any Future Advances secured by this Mortgage. � : :
<br /> '� 2.Fua.da for Tmces aad Iasur�ce. 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,unt�the Note is paid in fnll,a sum (herein "Funds") equal to one-twelfth of the yearly taxes and
<br /> � assessmentis which may attain pnon'ty over this Mortgage, and ground rents on the Property, 3f any plus
<br /> ,� oae=twelfth of'yearly premium installments for hazard insurance, plus one-twelfth of yearly premium m-
<br /> staliments for mortgage insurance, if any,� a� ll as reasonably estimated initially and fmm time to'time by
<br /> Letider pa the basis of aesesaments and bi71s and reaeonable eatimates thereof,Lender ehall apply the Funds
<br /> to paysaid tsaes,assessments;insurance premiums andgro und rents.Lender shall make no charge for so
<br /> ho2d'utg a�d applymg the Funds or verifying,and compiling eaid assessments and bills. The Lender shall
<br /> g�ve.to.the,Bo=rower,without charge,an aanual accounting o£the Funds showing credits and debits to the
<br /> � Funds and the purpose for which each detiit to the Funda was made. The Funds are pledged as additional ,
<br /> '� " �`efiunt,,�*f the suma ' g g grees that the Funds ma y '
<br /> aecured bg:th�s Mort e e. The Borrower a y be held b the
<br /> "� -. I:ender an�commmgleil.w�th other funds and the Lender's own funds and the f.ender may pay such items °;
<br /> ,... ?en , .. .
<br /> fromzts'oswn funas and`the�Lender shall-not be:liable for interest or dividenda on such Funds. "'-"`�' F
<br /> , h �$the�;gmount of the:�nnda held by;_L'Retxder,-together with the future monthiy installments of Funda s`
<br /> pa�3rabI�ap�or to L1ie due dates:o€.taYes,�aseesameata, inaurance�;premiums and ground renta, shall eaceed ! �
<br /> �.. tlf�amouti��eqwred to,pay eaid taaesi aesessmeats,insurance premiums and ground renta as they fall due> �;.
<br /> � eruch es'ce�k,� t,,be,st s B oaocves'.s optiifa;aei'tlier'pramptly repa�'d.to Borrower or credited to Borrower on ;�
<br /> mon'�hl�,�t�" entsr o#�kimda If t}ie amount of tlie Funds held by Leader shall not be sufticient to pay ',� i��
<br /> •' 'tsaes,,�asae�smeats,3nsurance pzeminms an�Y ground�xents as they fall dne;Borrower shall pay to Lender r'k.� ,_ �,
<br />� � aY�y;affiow�t'ne�esoary"tb mske�';up t.be,ile$c:ieticy:Within:thirty days after notice from Lender to Borrower '���":� ,> -
<br /> � reqneatrng pa�ent thereot,or$orrower„�ahall,,by an increase ia monthly inetallments of Funds required,
<br /> repay f,he de caeacy wrtIiin the Func�accuiu►hng,penod.���
<br /> �`` � ' U _a eat in fiilI o£a11 s+ums secured b this Mo
<br /> � -, ,po, paytm y rtgage,.Lender shall apply Funds held as a credit
<br /> agsinst aII,sum's,.due... � �
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