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<br /> 'TO HAVE AND 1b HoLD the s$nie unto the Mort�agee, xs her•ein provided. Morty�a,Qor repreaenta u�,
<br /> sad cqvenat�ts with, the ][ort�sSee, that tke liort�a,�or hse good ri�ht to sell apd co�vey ssid premises ;
<br /> tt�,at tJ�ey are iree from elscumbranoe, excepC ss hereinotherwise eveeited : that the 1[ort;a�or wilt wuran�
<br /> and dafend t�ee saa�e a�aipot the lawfui claime of ail peroons whornsoever. l[orE�a=or hei+ebY relisquistrer
<br /> p t
<br /> a11 sl�l►Ls ot hopp�te�d, �1 �rit�qi r[�,ts, eitlser in Lw ar in equity, and alt ot6er oo�atin�eat interests at
<br /> e
<br /> � t,�.. ]1t,�qp�a�r #a swd tt� tJ�s a6o�ri�aed pa'�i+e*,
<br /> ; �P ALv►Ax'ar, and tttaw pr�ts an► a�u�ented and deliu�st�wd npaa t�e foUow6os � 1�
<br /> �:
<br /> � �' st� � �sY to the A[or�ee. or order, the atoresafd principal aum witls lntare�t le+otn date
<br /> � st tl►a rat�e ot eight aad oae t�alf-- Per centum (8 . 5 `io ) �'rsr�nt��era1 �i�si�i� �,oaa�ed.
<br /> TFt� paid pa^lacipal aad interest shaU be payable xt the otfice of �oociation o Liacola
<br /> � � Lincola , �iebraska , or at auch other place as the holder of the scate enay deri,�nste i�
<br /> QwritJn= delivered or mailed to the Mort:a�or, in monthly installments ot Ol'18 H�iD1�D 1S�E11TY EIt:1�i AIiD 84/ 18
<br /> � �= 128. 84 ) . �mmencin� on the Rrst day of Januery , 19 7$ , snd eoatinuies ao
<br /> � the 9rst day of eaeh month thereafter until said note is Yully paid, e�coept that, if not eooner psid, the ftns!
<br /> � p�tytnent o! pri�cipnl and interest shaU be due and payable oa the firat daY ot December 2002 ; ai!
<br /> a,coordin� to the terms of a certa►in promissory note of even date herewith executed by the uid Yort�or.
<br /> Tbe �[ortQa�r further asrees :
<br /> 1. He wiil psy the indebtednesa, se hereinbefore provided. Privile�e ie reserved to prepsy st aay
<br /> tim�, w{thout preaaium or fee, the entire indebtedneBe or any part thereof not leaa than the amouat af ane
<br /> inrtatt�ett, or ocre hundted dollan (5100.00) , whiclaever is iert. Prepaymeat in full �h�li be credit�d on
<br /> tlfe d�ts seceived. Partial Pi'ePrYment, othe+r t6an on an installament due date. need not bo credited �mtlt
<br /> t3�e next tollo�vias iaswltment due date or thiity days after such P�'eWYn�t, whicMwe u e�ier.
<br /> 8. Torther with, snd in additioa to. the tnoathty payaaents of principal snd int�erest paysble uader
<br /> the tseTps ot the not�e aeeured herebY. Mort�ayar wil! pay to Mortsa�ee, as trustee. ( under the teeyns of this
<br /> tru�t as h�retaalter atated) on tLe flrat dsy of each aaoath unti! said note is fully paid :
<br /> (s) A awn eQus! to the �round rents, if any, next due, plus the preaaiums that wi11 aest becarne dw
<br /> aad payable on policies of Rre and other hszard insurance coverins the tuortsaa+ed propest�.
<br /> ptus taxes and aaseasenents next due on the mort�aged property (alt as edinuted br tlse �[t�
<br /> �aQt+e, and of which ttse Mort�aQor is notified ) less all sums already psid tlferafor dividsd b�r
<br /> the �uenber of mouths to elapse bePore one month prior to the date when su�h senued rewxs.
<br /> preQ►iums, taxea and asseasmenta will become delinqueat, sueh aqtns to be 6eld bT ][oet,���e
<br /> in tetLst to psy said �round rents, premiums, taxea and speciai ta�eats.
<br /> � (6) Tlue a�r��te of the amounta pays�ble purauant to aubpara�raph (a) and t�o�e pa,�rab4 on ti�e
<br /> note aeeured hereby, si�all be paid in a sin�le payment eack nwnth, to be spplied Oo tlre fouowr-
<br /> e
<br /> i�o; ite�ns in the order stated :
<br /> (i) �round reat+. taxes. aa�eaemente, tire and other has�►rd insuraaoe pKwnivas ;
<br /> (ri) intereat on th�e nate seeue�ed herebY : and
<br /> (u1) am�ortiration of the principrJ of rsid note.
<br /> Any deliciesacy in the amount af sny auch a�resste nwatkhly pr�vment �Ysl�, aaler �ie �ood
<br /> by the 7i[ort�s�or prior to the due dwte of the tiext sueh payd►ent, coeutitute an ewa! ot d�
<br /> nudes this mortaa�e. At l[ot't4a�ee's oPtion, Lfortra�or wii� pay s "4tte elue�e"' sot �d-
<br /> in� fovr per cxntam ( 4 qtc ) of any install rneat when paid nwre tbau Aftsen ( 16) d�w,f� at'Cae the
<br /> , due date the►•eof to cover the extra expenee involved in hattdlin� delinquent psymenta, but auek
<br /> "late elasr�e,• ahall not be psysble out of the proceeds o! aay aale msde to sstufy tl�e isdebted-
<br /> ne�s �ecured hereby, unless such proceeds are suQlcient to diaclur�e the eatire iadebbed�re�s and
<br /> all proper casts and expeneea seeured thereby.
<br /> d. I! t�e botd ad tlrs ay�aeatr e+ade by the ]I[oeta+�er uud�r (s1 of pRe+�eapY 8 Prees�� aM�A
<br /> asr�ad tl�e aaa�am�t ot Day�a�eb actuaU' atade by t�e l[urtia[ee. as t�'urtee. for ;rouad e�eats. ta�c�as ,aw�d
<br /> a� or irrrranee premi��s. as ti�e aae wuy be� wd� exoe�s atraU bs eroditri by Hr Yoet�se
<br /> al � prymenb te be asrde bY ths Horts�ar for a+�ch itee�s or, at S[ort�ee's oplio�, as ttv�Ees.
<br /> iu1� bs trtmMded bo ![ort�aaoe. If, how•ever, wch nranthb' P`Y�b d�al1 nat be set�cieat to paq �uds
<br /> irl�ll111 wA�s tl�a altlw d�W Meos�e due snd payabk. then the l�[ort�or ahaU pay tcs the 1[o:tsa�ee. ar
<br /> �aR � �t oec�eMae'Y bo make W► the deAciescy wititiu thittY (311) days alter wrikten eot�ce frona
<br /> ti�s Yae� � tl�w anwustt at We derieaescy� which notice mty be �ivea bq msiL If at auy time
<br /> tl�e ]b0!'f�lyOR i�u�i1 belr�e' 60 1L! �Loe�M�. iA a�000tdance witY t�e pe+ovisiona a! tlte wote �eeured
<br /> Mtr6�/. h1 O�at et f�e entin tedebtedswn ttipe�e�ee�ed thee+ebY. !�e l[ort�pe�, a� tewkee, si+�11,
<br /> iA oe�pqtiaf tlfe amount at ruek indebEedeeas. ce�edit bo the acoouat ot the 1[or�r an� ce�edit bataeoe
<br /> aoet�afated under the provisioss of (a� of parssrsph 8 hereol. Ii ti�are dsall be s detsutt �mder sn�
<br /> + o[ fM pro+i�ioas �t this aror�s ra�ultins is � puWic ssle o! tl�e preesi�es oover� hereb�y. or if tl�e
<br /> 3 lioe�{1�es a�oqnirw tbe pe�opeet� o�i�e at'�er defsuit, the Mortsa�ee, as tru�tee, ah+11 a�PNY. at the
<br /> . � t�R 1!! taM oo�ao�aeat � nzcb D�edin�, ot st the tiate tl�e Pt�opertY is otfier�viae ac�uired, the
<br /> ' ae�t �Iwm1 � 6� �tt tlre �orf�+�er �ndae (s) of A�ratraph $ D�'�ia�. �s a enedit oe tlre
<br /> - j � ,�MlNid �I� Ye� � til! �IYO! � `dM p!'�OE�1 1�bR l�.Ltlt 1� !i �� Ma. _ ._,_.� . . , '
<br /> ; �"� '�. '�'�' Q� �1�{ �'A� btl� !'E�'fi�A 1a tii� t'0!'�@ �lid �ECt t�LL!!!!� iSY �OIfE�lYMIt O! !1AlR- �x� . . .
<br /> � � i�01!'fl�� '� d�� Od 1�14 � O!' iH� �Rt �!l�EOf �lC11PEd �M!'l�1y. � . ,.�
<br /> � � � k • '�.e' �I"��'�� i�� SlrM01'� l�i. ti�� Y�lY� �M�[ [i�r illd Od►!C �DNECfYtlEt� O! �i- t �.
<br /> g P+� � � '�' �4'�"�+ � � �l+� a�1 li�t he wiii �aY a11 tsm �M/ied ti��s dli�
<br /> ; " . ,. �., ,,
<br /> . waMi��, �e �s d�t �erred tlwe�eLy, 6�et ivtYt a�i! d]�er ii�a�es ar aaaeuar�ta wliich muy bs levied = . ,.
<br /> ^ ;i N� �api�ttM ]La�r�yre.+ee !ie I�al Mider o1 sid priacip�i �ote. oa a000nnt at •*« "�
<br /> � � � �k wlraa prp�t� tse a� wd� iM�M lad tl+a+ebotoe+e beea e�ade ander (s) ot Par+-
<br /> + �14 alri� w�l p� idi�+er H�e afieisi rrasiPb tienefoe � tlrs �ioe�plee. In dsEsult
<br /> ` a ii�ee�ea!'tlrs 1�e�e'f�es m�r !�7 ii+e wna.
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