Lincoln Journal Star from Lincoln, Nebraska • 9

ir Mondey, Sept 11, 1967 P.M. Lincoln Evening JmimnT tV Nebraska State Twniwf No Other Paper Like It! Only this paper carries all of the splendid features you art reading in this Issue. "If Property Taxes Are Lowered, Mortgage Payments Will Be Adjusted the DON. ANDERSEN'S "FALL CLASSES BEG1Y SEPT. 11th FOR ADIXTS, TEENAGERS AND CHILDREN" but monthly payments "might go down in proportion to a tax reduction." respondents who handle mortgages themselves.

The amount of such a although escrow payments would be lowered If tax payments werethe matter would IL Henderson, general counsel for Mdwest Life Insurance said that while borrowers would notbeaf-fected as their monthly payments were riot increased to cover tax increases in the 3 re- L7R. Folsomy: president of have little effect on the aia- Several Lincoln loan companies have indicated that if property taxes are reduced monthly-mortgage- payments to escrow accounts will be adjusted his company did not normal- duction, be" explained, would ly- handleescrow-TiccountSTfdepenoV botlroirthrsize-of a PIIO.YEJCGrII NebraskaentraluM orityof-their-customersT8si I New UcatiM No. em "The Stuff Thai TaueM YfW frl" 'would bring accounts more and Loan said that in did have loans which they they handle few escrow ac tax reduction and on the size of the insurance wmm nearly back to normal counts, most cases his company have bought from cor they i i i i Interest and principal would remain static, according to William Swanson, vice presi- property taxes did go down 7 "it is probable" that escrow payments (which cover in I surance and taxes) would be lowered, he said. Over the past several years, he explained, taxes Increased ana so dia tne escrow pay ments. "Likewise, If taxes -were--reduced the system would work in reverse." He added that, most companies were uncertain as to whether- taxes would actual ly be lowered and if they were how much they would be.

"If lower taxes were the trend," he said, "then pay would oe reduced." -Reduced Payments L. F. Roschewski; comptrol ler for First Federal Savings and Loan explained that the lending institution made an analysis each year Dasea on adjusted escrow Z-J needs. i a I J. "If the property tax should come," he said, be "it is likely that it will reflected in a reduction in monthly payments." Ken Orth, loan officer of Union Loan and Savings said that if his company received tax refunds on taxes paid on mortgage property or if property taxes did go down, escrow payments would definitely be adjusted.

No change in payments, he added, would take place until next April. A reduction of escrow payments "is a good possibility," Douglas Alford, vice presi 1 FEATURING EXCITING NEW IDEAS JvT 5W A AAin nop at nfw vai iifs in SIGHT st vi v.f dent of National Bank of Commerce Trust and Sav ings, said. "However, no Jti Ja is Jv a auction ww take place until a tax reduction actually takes "place." 'Can't TeIT Richard Hltz, secretary 'treasurer of Lincoln Federal Saving and Loan, said, "We don't know how we stand (on reduced monthly pay ments) at present, out we would certainly pass on any tax reduction. We would, of course, want to know definite i tax figuresiirsL" lap' I i --r-- iiir. i Until tax figures become I 1 I --v iff "mi -r-wil I If.

i available "we can't tell thing," Neil Hall, vice presl dent of the First National Bank and Trust said, but escrow payments would be less if tax payments due were less. Two companies replied that Harmon Awards To Astronauts New York (UPI) Astro- nauts Edwin E. (Buzz) Ald- drin Jr. and James A. Lovell Jr.

were named winners of 1967 Harmon International Aviation Trophies. Trophies also will go to su 41 Lowest price ever FPUnf 4 1 I 1 1 7llii---SSf for Zenith Handcrafted 1 y7 "JJ COmpaCt COnSOle With TheBraque, Model Y45H I ill, rssssssss-1" color TV's largest picture! i I a Ann I personic test pilot Alvin S. White and Sheila Scott, the British round-the-world speed record holder. $s)iP()88 mM The winnerrs of the trophies, given annually for exceptional feats of individual piloting skill, were -announced by the Clifford B. Harmon Trust on the recom-mendation of an advisory committee from the aviation field.

Color TV's greatest value! Now Zenith brings Handcrafted quality to big-screen, fit-anywhere Color and at an amazingly low price! 18 diag. picture in handsome Decorator-Compact cabinet! Zenith Handcrafted Chassis for unrivaled dependability, with no printed circuits, no production shortcuts! Zenith Rectangular Sunshine Color Picture Tube! Automatic Color Level Circuitry-uniform color level! Exclusive patented Zenith color demodulator circuitry for the finest hues in color TV. Zenith quality 6" oval twin-cone speaker lets you hear richer, fuller sound. Rectangular, giant-screen 23" picture (diag. measurement).

Zenith Handcrafted chassis-every connection handwired for fewer service problems and unrivaled dependability. Zenith Sunshine color picture tube for a sharp, crisp, more true-to-life picture years and years longer. Beautiful Contemporary styled compact console in grained Walnut color or grained Mahogany color. The "Sunday Journal and Star" delivered at your door has five sections of interesting, timely fea i tures. You 11 like the sports section known as the Sports Red, whether you re a Husker fan, or hunter.

I il-fei JA 1 zZZr? WALLFLOWERS don't need sunshine, but people do! Young- Any way you look at Zenith introduces the most dramatic clock radio ever designed! A back-to-back, solid-stati clock radio Swivels to wake you to music. Handy, handsome oh desk or nightstand, $45 I with the days growing shorter, its time once again to give or Sol some help, to keep the glow of sunshine vitality, sunshine health, going strong. See your doctor first only he knows your individual needs best Then see Gilmour-anielson. We have the city's most complete selection of vitamins! WHY NOT GET THE Now sit any and hear perfectly balanced stereo sound! Introducing Zenith's totally new "Circle of Sound" stereo that uniformly disperses stereo in a 360' circle! $199.95 New Zenith Super Screen portables let you see a wider, higher, more rectangular TSf picture! Now see a new Total TV picture on Zenith Handcrafted 12" 16" diag. and 19" diag.

Super Screen Modef above, $139.85 BEST The quality goes in before the name goes on PARKING DOWNTOWN 'DISTRIBUTOR'S SUGGESTED RETAIL PRICE. DISTRIBUTED "BY TRUESDELL DISTRIBUTING CORPORATION 142 St 432-1246 LINCOLN CRETE Wanek Furniture AppL eairburyX Dean's TV i Radio GENEVA IkhtiTVi Appl. HEBRON 1701 S.17tkSL 423-2329 FREE DELIVERY CILMOUR-MNIELSON Hunter's Television 1300 No.Cotr.er Merchand'ts Mart 1532 "0" St. Miller Aroint SHICKIEY Nickels Hdwe. 1 TV SUTTON Suttea TV Center WESTERN Urbock Hardware WYMORE Edward's TV Sales I Service BEATRICE Household Supply C.

Ivos's Rodio 4 TV CERESCO Ernie's Store CUT CENTER JANSEN Smitty's Furn. Appl. MIIUGAN Rudy's Appliance PLYMOUTH Milius Hardware Hardy Furniture Ca. Havctock Furniturt 6101 Havelock Heidenr tick's Allied ElKtrlc Ct. "0" St.

ChristtnsM's 11th "i Its. DttfHtld Rod! i TV DAVENPORT URoy's TV Rad'w EDGAR DRUB COMPANY. PROFESSIONAL fEiUWW PHARMACISTS I (Radios Only) Miller's Home Appliance Merrill Hardware Huffaker! Stt. 3815 South St. 13th and "0 1617 South 17 TRUESDELL DISTRIBUTING CORPORATION.

Wholesale uistnDutor-umanaiiuA jacKson rnune yiu. i i mm--it 1.