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<br /> j IN�IVIDUAL
<br /> DW� ON SALE
<br /> FlRS'�' OPTIONAL PUTURE ADVANCES _
<br /> SAVINGS FUND ,
<br /> � . . .��� � �ForeM No.720 . ��� �,.
<br /> ' UNC�IV �560� �ss— �
<br /> { ' Loan Number__________ ' "
<br /> (.. . . � � ---TY�a`----e.:��h
<br /> ; t)U1'�55 ;.
<br /> E �7$--, MO. F2TGAGE
<br /> �,, � � � �
<br /> " �i�8 MQItTGAGE,made and executed this .........................�_�..l.�day of ����G�:.�`=f%..._..--••--•- A.D., `
<br /> , 19../ .,between the Mortgagor,....George,A.._Geyo._and_Melissa_J.__Geyo_,__husband..and_wife�__„ ,`
<br /> `_` �ointlY.._and,each__in__their own_rightz------•• ----.. ... . .............. .. .. -- -.. ... [:,
<br /> ..... .......... ..... -- ----
<br /> a�:.:Grand Island_: , County of.............Hail _,_..,,,State of...Nebraska hereinafter refeaed '
<br /> , ..._..... . ---... . ---------------�-� �-
<br /> to as the Borrower, and the Mahgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br /> L.INCOLN, 1235 "N"Street, Linco[n, Nebraska 685d1, its successors and assigns, hereinafter referred to
<br /> as Lender_
<br /> ':. Wi�rrrEsssxx: That the said Borrower for and in consideration of the sum of......T�'lENTY.NINE THOUSAND �,
<br /> FOUR HUND1tED AND Nb/100------------------------------�ol:ars (US$---.29 400.00 ) ;-
<br /> ---•----------------------------------------••--•-•-�•--�•----••-------------------••-•--........-----••--•�------ '---�---�---.........---••---•-�-
<br /> paid by said Lender, does hereby mortgage, grant and convey to Lender, its successors and assigns; the
<br /> ` following deacribed property Tocated in the County of ..Ha11________________________________� ���of Nebraska: ' `
<br /> Lot Eleven (11), Bernhard Voss First Subdivision of a part of I,ot One (1), Voss
<br /> t; Su'bdivision, located in Southwest Quarter (SWu) of Section 11, Township 11 North,
<br /> Range 9 FTest o� the 6th P.M., Ha11 County, Nebraska, and part of Lot One (1), of ��
<br /> ; Voss Subdivision of the East Ha1f of the Southwest Quarter (E2,SW�) and theWeat �
<br /> : i Fialf of bhe Southwest Quarter (W-i26Wu) of Section 11, Township 11 North, Range 9 =
<br /> � West of the 6th P.M, and described as coffiencing at the Southwest corner of Lot 11, �
<br /> ? of Bernhard Voss 1st Subdivision as the point of beginning a d rvnnin thence
<br /> ���
<br /> � ToceTxsa with all the improvements now or hereafter erected on the����?'�al�n�
<br /> ' rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and �;'
<br /> � water stack,and all S�ctures 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 this E
<br /> �. Mortgage; and all of the foregoing, together with said pmperty (or the leasehold estate in the event ttiis ii
<br /> { Mortgage is on a leasehuld) 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 mortgage,grant and convey the Property, that the Property is unencumbered, and that Borrower will �
<br /> waaant and defend generally the title to the Property against all claims and demands, subject to any
<br /> easementa and restrictions listed in a schedule of exceptions to coverage in any title insurance policy in- w:
<br /> suring Lender's interest in the Property, or (2) attorney's opinion of title from abstract of title certified
<br /> by bonded abstracter. �
<br /> ;:
<br /> . � PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions,agree- . � � � �
<br /> ments and obligations of the Borrower, to-wit:
<br /> The Bortower agrees to pay to the Lender,or order, the principal sum of ..T.�`r�.T..Y.NINE THOUSAND_., r'
<br /> .FS?�i..HTJNA1iFR_�NI2..k1.9/.]Q2--_—.---------------------..--�ollars (US$__..2.9.>_.4S]Q._OQ-•••-• -----••--�
<br /> .............................. .
<br /> � payable as pmvided in a note executed and delivered concurrently herewith,the final payment of principal, i '
<br /> if not sooner paid,on the--------1,st------------- day of�:�- April -/I�.�-----.•--.-----�--2007 ,
<br /> � UxisosM CovEx„�.rrs.Borrower and Lender covenant and agree as follows: '
<br /> , � 1. Payanent of Principal �d InteresL Borrower shall promptly 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 of and interest on any Future Advances secured by this Mortgage.
<br /> � 2. Fuads for Tmces and Insurance. Subject to Lender's option under paragraphs 4 and 5 hereof,Bor-
<br /> ' � rower ahall 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 priority over this Mortgage, and ground rents on the Property, if any plus
<br /> 1 one-twelith of yearly premium installments for hazard insurance, plus one-twelfth of yearly premium in-
<br /> t stallments for mortgage insurance, if any, ail as reasonably estimated initiallv and from time to time by
<br /> j Lender on the basis of asseasments and bills and reasonable estirnates thereof,Lender shall apply the Funds
<br /> � to pay said taxea, assessmenta,inaurance premiums and ground rents_ Lender shall make no charge for so
<br /> holding and applying the Funds or verifying and compiling said assessments and bills. The Lender shall
<br /> ? give to t6e Borrower,without charge,an az�nual accounting of the Funds ahowing credits and debits to the �
<br /> ;� Eunds.and t.t�e purpose for which each debit to the Funds was made. The Funds are pledged as additional
<br /> aecurity for the aums secured by this Mortgage. The Borrower ugrees that the Funds may be held by the
<br /> Lender and commingled with other funds and the Lender's own funds and the Lender may pay such items --<:---y `.
<br /> from its'own funds and the Lender ahall not be liable for interest or dividends on such Funds. � .
<br /> '' If the.:smount of the Funds held by Lender,together with the future monthly inatallments of Funds � `� "
<br /> payable prior.to the due,dates of taxes,aseessments, inaurance premiums and ground rents, shall exceed I �
<br /> the amount required to,pay said taaes;aesessments,insurance premiums and ground rents as they fall due, �!
<br /> ', such eacess ahall;be,at,Borrower's option,'either promptly repaid to Borrower or credited to Borrower on �: ,
<br /> �'' monthl installinents of Funds. If the aanount of the Funds held by Lender shall not be sufficient to pay ''`� t,i�;�
<br /> y�- :.. .. u�._„.
<br /> ^:'t tases,'sases�ents, ixisurance premiums and ground rents as they fall due,Borrower shall pay to Lender , .,,
<br /> any�amount neceseary to,aiake'up the'deficiency within thirty days after notice from Lender to Borrower
<br /> ' rei;ueating paymen� thereof, or Borrower ahall, by an increase in monthly installments of Funds required,
<br /> , ; repay the`deficiency wnthin the Fund accounting period.
<br /> a „ Upon payment in full of all sums secured by this Mortgage,Lender shall apply Funds held as a credit
<br /> ; against all sums due. (
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