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<br /> 10'6 Froin the'same unto the Mortgagee, . as :Herein provided. Mortgagor represents to,
<br /> r 9 ; �s and covenaats4vith the3lfortgage�e, that the .3fortgagor has,good right to sell and cone said remises `:
<br /> J �i� g t Y p ; r
<br /> �! t k�6 d that..they are free front ei>cumbrance, except as hereinotherwise recited ; that the. M°rtgagor wilt warrant
<br /> �$r x4-4 and defend the same against the las'futelarms of alipersons P l omsoeti er ?Mortgagor hereby relinquishes -
<br /> 4471.11 41/22e)2it 4. all right8 of homestead, ail marital rights, either in law or, inequity, and all °tiler contingent interests of •
<br /> x I«y 06k.,01:2121 .29 dr the Murtgagar in and to;the nbotie )escrrbeid premises. - td i «'
<br /> d ,,, P„thin ., „ and these presents are executed and delivered 'upon the following conditions, to +:
<br /> 1/?{� s Aifortgagoe agree to pa t •the ilartgagee, oroider,22 the aforesaid principal sum Pzth 2021 mtemstf wre date
<br /> C Yt� x ;
<br />'4" . aA , at the;rnfe of rt and _�rxee : l k. . . • :. .. r centum;.(a 7 c); r o on the , p:ttd ntitpafd, , .
<br /> ,0 +, ; The said prmcipal and interest •shall be payable Ad at the " hee °f ss i anal . ofsayings, ,aria,. ,. Oar
<br /> .tie � .f,t� i J.i oktlh . +
<br /> Kyr in 1 i T+"oln • , or at such other, place itit to l oidderpf the note may designate is .
<br /> ,i x'i a writing deliii Bred or mailed AO the Mortgagor: in monthly installments of o &undrect-Thi l'ty &ix end . 21/100 t
<br /> L 1r1 b ' Bete ($ 'x.36 27 ; ) v commeaci• ag on the fust day- of April , 19 476 ;And continuing on.
<br /> F '11?* the first day of.each month thereafter until said note is, fully paid, except that, if not sooner paid, the final .
<br /> nem' entafprincipal and interest shall lie dye-and p• ayable on the first day of Marek 2006 .; ; all
<br /> f t t according.to the terms of;a certain; romisso note ofeven date herewith executed by the said 3fort '
<br /> promissory gagor.
<br /> fa The Mortgagor further agrees: ..
<br /> CV 4.41::921k:. ,.:; l :2He.ivill pay the indebtedness, as hereinbefore provided: Privilege is resen^ed to prepay at any .
<br /> .11:11:1.17; er# % : time, . Without premium or fee; the entire indebtedness or any part thereof not less' '' . than the amount Of one a
<br /> a t :` installment ar:onehundred dollars ($100:00), whichever. is less: Prepaymentin fullshall be credited 'on i , ;
<br /> * the• date received. Partial: prepayanent/ other. than • on.an installment due date, nee& not be. credited until . .
<br /> - the next following installment due: date or thirty, days after such prepayment, whichever is earlier: ,
<br /> 44,17.47;4.1,14-i‘, 2 `- Together vrrtli,'and in addition- to;the monthly payment's of principal and interest.
<br /> 1 ' },
<br /> pay able .under
<br /> , A. the terms of the.' notga
<br /> te secured hereby, Morgor will pay to Mortgagee, as trustee; .:(under the terms of this 7
<br /> i " ' frust.ust as hereinafter stated) on the first day of each month until said note is fully paid : y
<br /> '' i (a) A sum equal to the ground rents, if any, next due, plus the premiums Abet will next became. due
<br /> i g and;, payable on policies of fire and other hazard insurance covering the mortgaged property, .
<br /> Vit�} t; At plus taxes and assessments neat due on the mortgaged property (all es estimated by the 3fort=
<br /> "` 1s �. : '. • gagee, andofwhich. the .3forfgagorisnotified) less..all sums`alreadypaid therefor divided by -
<br /> ck
<br /> 3t the number of months to elapsebefore one month prior to the date when. such }
<br /> p ground :rents,
<br /> „;i i premiums. taxes and'assessments will become delinquent, such suras to be held: by Mortgagee
<br /> } -yr in trust to pay said ground rents, premiums, taxes and• special assessments. ;:
<br /> 's1xx 44 ;X0) The aggregate of the amounts payable pursuant to •sub ra
<br /> pa graph (a} and those payable on the
<br /> r " t ; note secured hereby, shall be paid in a single payment each:month, to be applied to the follow- .
<br /> Lris ( ing items in the order stated : i
<br />:::,-4-1-0,-2..,,,!.1;:r•% ‘-ii (1) ground rents, taxes, assessments; fire and other hazard insurance premiums ; .
<br /> i 1 } ,
<br /> h. t (if ) interest on the note secured hereby ; and
<br />`} ( in) amortization of the principal of said note.
<br /> 51Any deficiency in the amount of any such aggregate monthly payment shall, unless made good
<br /> j by; the Mortgagor. prior to the due date of the next such payment,.constitute an event of default
<br /> ander this mortgage. At Mortgagee'sMortgagor will pays "late charge" not exceed-�-, option,
<br /> lit;r ; . ing four per centum' . (4%c: ) of any installment when paid more than fifteen ( 15) days after the
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<br /> � ; due date thereof to cover the extra expense inc°Ived in handling delinquent payments, but such :.
<br /> ay,14 "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebted-
<br /> f x ness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and
<br /> r all proper costs and expenses secured thereby.
<br /> ;� w 3. If the total of the . payments made by the Mortgagor under (a.) of paragraph 2 preceding shall
<br /> h lt, exceed the amount of payments actually made by the Mortgagee, as trustee, ground rents, taxes and
<br /> assessments or insurance premiums; as the rase may be, such excess shall be credited by the Mortgagee
<br /> ' on subsequent payments to be made by the Mortgagor for such items or, at Mortgagee's option, as trustee,
<br /> •ti5Vshall be _refunded to Mortgagor. If, however, such monthly payments shall not be sufficient to . pay such.
<br /> items when the same shall become due and payable; then the Mortgagor shall pay to the Mortgagee, as
<br /> $ i`t trustee, any amount necessary to make up the deficiency within thirty (30) days after written notice from
<br /> . the Mortgagee stating the amount of the deficiency, which notice may be given by mail. If at any three
<br /> - the Mortgagor shall tender to the Mortgagee,gagee, is accordance with the provisions of the note secured
<br /> 4.0 t ' hereby, full payment of the entire indebtedness represented thereby, the Mortgagee, as trustee, shall, .
<br /> Z r in e computing the amount of such indebtedness; credit to the account of the Mortgagor any credit balance
<br /> 1 ' t accumulated . under the provisions of (a) of paragraph 2 hereof. If there shall be a default under any
<br /> r}•ttuu of the provisions of this mortgage resulting in a public sale of the premises covered hereby, or if the
<br /> t i f ? . Mortgagee 'acquires the/ propextyotherwise after default, the Mortgagee, as trustee, shall apply, at the .
<br /> ` 1:11442.-1 :-
<br /> time of.tire commencement of such proceedings, or at the time the property is otherwise acquired; .the .
<br /> ' t . amount: then . remaining to credit the: Mortgagor under (a) of paragraph 2 preceding, as a credit on .the
<br /> f .5 interest accrued and unpaid and the balance to the principal .then. remaining unpaid on said note. ir, Ts, ...„'"14,, i1.;.4, ,...-
<br /> ,fr 4: "Theliea of this instrument shall remain in full force and. effect during any postponement or erten- t . '
<br /> s Bron of thetime of payment of the indebtedness-or any part thereof secured h �:7
<br /> v
<br /> t . 5d.d Ire will pay all ground rents, taxes, assessments* water rates;.and other governmental Or =mid- I d'st'g
<br /> St di.4 t •
<br /> pal charges; fines, or impositions, levied upon said premises and that he will pay all taxes levied upon this
<br /> mortgage, or the debt secured thereby, together with any other taxes or assessments which may be levied '
<br /> z under thelawsofNebraska.againstthe'Mortgagee, or the legal holder of said principal note, on account of
<br /> this indebtedness, except when payment for all such items has theretofore been made under (a) of para- 11
<br /> graph2 hereof, and he will promptly deliver the official receipts therefor to the
<br /> e , P P p Mortgagee. In default •
<br /> thereof the Mortgagee may pay the same:
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