|
_ __ _ � � � .
<br /> �, .
<br /> _-.,,
<br /> tNdIVIDUAL
<br /> DUE ON SALE
<br /> OPTIQNAL F[JTURE A�VANCES �i
<br /> ,' � SAV[NGS FWND : . „ ; �F,
<br /> i. -. Fonrn No.720 . . . . . .� . ., , <; �.
<br /> �j , Loan Number__ 359�-- - 1�$- - 1-- � ,:: „ ' �,
<br /> � r *,a a..���. , ,.. ,,, .,,
<br /> �' 78-- �J01fi�� M O R T G A G E �
<br /> �
<br /> � . � � -0
<br /> � � THI3 MORTGAGE,made and executed this.............. . �i ; •
<br /> � �,?3:.............day of _...-----.....---"••`•-`•�....--•----..A:D., .
<br /> :# 19.7�_..,between the Mortgagor,__.......Mary_.S�..TexraiZ7.3.ger.,--.a--single_.pers,aa.-----•.........................•-••- ' :,, �..`
<br /> � ..........................------....----•.....------...••----_....------•----......------�•---•-•--...-•---------•••-----......._._..-•---....._---•--- '
<br /> ; of .•--•.... ....--••-•--•••------.,County of............................•----.....,State of-------.....................,hereinafter referred :.
<br /> to as the Borrower, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF $.
<br /> LINQOLN, 1235 "N"$treet, Lincoln, Nebraska 68501, its successora and assigna, hereinafter referred to w;
<br /> as Lender.
<br /> ; WtTxEsssxx: That the said Borrower for and in consideration of the sum of_..TFZ1k.TY..TFIQ..TgL3LTSAND ; ' '< ,
<br /> 9 .---F�I78.H[INDRED..AND..�i01100-----rr.c-rrr_--r.rr..------.-rr----DoL'ars (L75$-..32�_4.QQ.DI1----------••--•--) -
<br /> ! paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the a , ,��
<br /> " :; following described property located in the County of...___._Hall............................ State of Nebraska:
<br /> � ,`�'
<br /> ' � Lot One (1), Block Eighty-nine ($9), Wheeler and Bennett's Fourth Addition '��`.
<br /> to the City of Grand Island, Hall County, Nebraska. �:
<br /> . �,
<br /> i �. ��,.
<br /> � �
<br /> �. �.
<br /> j ToceTxEa with all the ixaprovements now or hereafter erected on the pi+operty, and all easements, { + �.
<br /> � rights, appurtenances, rents, royalties, mineral, oil and gas rights and pmfits, water, water rights, and 4 -,+�`
<br /> water stock, and all fiatures now or hereafter attacIaed to the property, all of which, includin g replace- '. 1 ,
<br /> �'� ments and additions thereto,shall be deemed to be and remain a part of the property covered by this € c`
<br /> Mortgage; aad all of the foregoing, together with said property (or the leasehold estate in the event this �
<br /> � Mortga$e 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 � M �} {
<br /> " � to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will 4 ' '"'�'�
<br /> � warrant and defend generally the title to the Property against all claims and demands, subject to any � Y�
<br /> easements and restrictiona liated in a schedule of exceptions to coverage in any title insurance policy in- � % � -�,
<br /> ,y suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified • -
<br /> , j by bonded abstracter. r `;
<br /> ��� P$OVIDED ALWAY3� and these presents are executed and delivered upon the following conditions,agree- r";.
<br /> ments and obligations of the Borrower, to-wit: �
<br /> �
<br /> '' " The Borrower agrees to pay to the Lender,or order, the principal sum of _.�HZZt7.'X__1hLQ..TAQIISAtTI2:...
<br /> � •--•-•-FQLiE.H@77)REA:_AIIl)�ALU�IQQ.---r.r---r.--------r.r__----r..--Doilars (US$��Z.,4S2Q,.9.Q---------•--••--•-•)
<br /> � payable as provided in a note executed and delivered,concurrently herewith,the final paytnent of principal,
<br /> .4 if not sooner paid,on the_..:.k'i.x'�t---...----. day of----•--••-qPz'i.7.,--•----•-----•-••-----._, 7�2Q07 ^ ;
<br /> -�
<br /> ';� UxtFoanr CovExaxTs. Borrower and Lender covenant and agree as follows:
<br /> .;#' I. Payment of Principcl�d Interest Borrower shall promptly pay when due the principai of and in-
<br /> � tereat on the indebtedness evidenced by the Note,prepayment and late charges as pmvided in the Note,
<br /> and the principal of and interest on any Future Advances secured by this Mortgage.
<br /> 2..Funda 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,untii the Note is paid in full, a sum (herein"Funds") equal to one-twelfth of the yearly taxes and
<br /> essessments which may attain priority over this Mortgage, and ground rents on the Property, if any plua
<br /> l� one-twelfth of yearly premium instal]ments for hazard �nsurance, plus one-twelfth of yearly premium in-
<br /> stallmenta for mortgage insurance,if any, all as reasonably estimated initially and from time to time by
<br /> Lei►der on the basis of assessments and bills and reaeonable estimates thereof,Lender shall apply the Funds
<br /> �PaY+�d taxes, assessments,inR.,rsr�e premiume and ground rents. Lender shall make no charge for so �i
<br /> �� holding and applying the Funds or verifying and compiling said a.ssessments and bills. The Lender shall
<br /> ;# give to the Borrower,-without charge,an annusl accounting of the Funds ahowing credits and debits to the
<br /> Euads and the:parpoae 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 Borrower agrees that the Funds may be held by the
<br /> t:ender and commingled witfi other funds and the Lender's own funde and the Lender may pay such items -*c-�-� �
<br /> '. from its'own'funds and the Lender ahall not be liable for interest or dividends on such Funds. ' :
<br /> a ;� � ., . . _ 2 ;
<br /> If the amount of�the Fvnds lield by Lender,together:with the future montlily installments of Funds � �s,..,{,` `
<br /> P8Yable;prioa to the due.dates of tsaes,asseasments, insurance premiu�ns and ground rents, shall exceed
<br /> the amouat regu�red.-to.pay said taaes,aeseaements,insurance premi�s and ground rents as they fall due,
<br /> • s�ich eacees.shall':tie;at Borrower's. on;either promptly repaid to Borrower or credited to Borrower on ��
<br /> �tont7�13*:insfsltments;o#-F�iida. If�amount of the Fuads held.by Leader shall not be sufi'icient to pay C^: �,
<br /> ; ���e�emea�s;�nsu�ance'Prem�ua�ss"and ground rents as they fail due, Borzower shall pay to Lender
<br /> -.�'"�'`... `
<br /> ,. any amount neceasary to a�ake up tiie defit3ency within.thirty days after notice from Leader to Borrower ;
<br /> �; �u�$:1�Y��t�he�'eof. or Borrovver ahall; by an increase in monthly installments of Funds;equired,
<br /> �j �1�Y the_deSciency within the Fund accounting'period,
<br /> � Upori;paymentvn full of all sums aecured b this Mo PP Y
<br /> �� Y rtgage,Lender shall a 1 Funds held as a credit
<br />„'y egainet all sums.due. �
<br /> , ,_. .: , .,.,, _ ,_ -,-
<br /> ..,,.. ,.. ,,. _.. ..,._,,. .. . I
<br />
|