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<br /> i ,
<br /> � L ; il Ih � • v :n � � � Irr� • i ?�� � ni rnrinnl � r; u ; � � � . � � � � � � � t � i : lu � rrnn � ll � � i � �,, . , � n � � i � � � � l : lh : it tl �� � � ,11nil ��n �, � , r �. ill �� , irrnnl
<br /> ; u �� � l � I � � (, � ii � l Ihr s ; iin � ; i � : iiu :: t Ihr ! ; i �� fiil � � lnitn � � , i : iii � �rr�nn .: ��� h � nn �o + � � � � r . .11 � � rtit ; il: � , �• hrrrlir i � dnn � uisli ��a
<br /> E: ; ill ri �, ht , � � 1 h � mir,� ira� l . ; ill nun il , il i i �; ht ;� , � � ithrr in I ; i �� nr in ; uit } , ; ni � l ,ill � � Uirr iunlin � rnt iiit � � r� •sls � � I'
<br />�� �, thr 11ur1 �;�;i ��ur in ;ind 1 � � th �� ;i!,u �� r -� I � �s�� riix �d � irrmi �rs ,
<br />"h PRm' Inl;n r\ I ,��' nt � . ;uul Ihi��i� � � resrnts :u•�• os ��culcd and � Irli � � • rr� l up„n iho fnllu��' inyt r.undit.iutts, to
<br />�`� �vit :
<br /> 111urtg.igor a��:cecs to p�iy lo thc �tocl �;:igci�, ur ordcr, Chc uforeti,iid princip�� l :: wn n• iLh intcrrsl, frum d:�ti�
<br /> ut the ratu of l; i �;ht & One HelP pec cenl;uni ( f3 . 5c4 �� ) l�er uuuum on tiic un �inid bnlance uutil paid ,
<br /> Tlie snid principul nnd interesi; shali be �inyaUle at, tlie o0ice vf 1'�- r � t � E �i� ��co��� vi n�s nnd LoAn As3oci. cati. on
<br /> i �i NeUr� sk� , or :iC �uch othec pl:ice �is l�ie lio r cr u he uote nu�p dedignale iu
<br /> �eriting deli ��c�•ed oc muiled lo Lhe 1lorlqngor, in munChiy inst:nllmenl5 of '1'wo Hundred Lleven r� nd 46�100
<br /> � llollar� ( $211 . 46 ) . commenciu�,* ou lhe first day of Jixne , 19 16 , and con �inuin� on
<br /> � the (iraC da,V uf eacit month there.iftcr tuilil s�iid uotc is fully paid , escept thnt, if not sooucr p:tid , Lhc linal
<br /> pnymeuL ot principnl imd interest shall be tiuc ancl paYnUle u � � tlu� lirst day of M� y 2006 ; ail
<br /> accordiug lo the tei•� us of a ccrlain prouiissocy note of evcu date here��•illi c�ecuted by tl�e said DTortgugor.
<br /> Thehloctgagoi 1'urUicr .�grces :
<br /> a
<br /> 1 . 1{e will paY the iu�iebteducss� ns hm•ciuUcfore ��rovide4. l' rivile�•c is reser��ed to prepa,v at :xny
<br /> time, ��• ittrout �� remium or fce, thc enLire iu�icbCechicss oc any p:u•l thercof naC leys thnn the flmotuit �� f ouc
<br /> instullmenb , or oue hundred dollars ($ 100 .00 ) , whiche��er is less . 1'repnyment in fu11 sha1L ue creclited on
<br /> Lhe dute received. Purtial prepuyment, otdier tlmn ai iut installmcut duo dnte , need not b� ct� dited until
<br /> Che next follo�ving iustullment duc dute or lhirty days after such preE�ayment, whichever is eurlicr .
<br /> 'l. Together �vith, All(I 1 �l il(�(Lt1011 r0� Llte mout.lil,v pnyments of priucipal aud interest ��aynble im�er
<br /> the terms of thr notc e��curnd hereL,v, Dtortgagor �vili pxy to Mm•igagcc, as tru �tee, ( w�dm• the tcrms of this
<br /> trust as hcreinafter stnt�Kl ) on lhe first day of cach month uutil said noLe is fully puid :
<br /> (�a) A sum equal lo Lhe girowid reuis, if any � ueet duc, plus thc pr��miuma tha1; will next become due
<br /> aud pFiy:ible ou polici��s oF firc aud othc:r haz�ird insurauce covr. ring Uic morCga�ed property,
<br /> plus ta �es nud ,issessmeiits nesC due ott the iuortgag•ed property ( all as evtimt�ted b,v tlte ilTort-
<br /> gngee, aud of ��•hich lhe li� rtg:igor is noiificcl ) less ali swns nlready paid therefor divided by
<br /> Ethe number ul' moutlis to el.lOSC Vl' LOPC OIIU I11011I;I1 prior to tl�e d.1tC \\'IlCll 9qCIl bCOUIIfI PCIlfJi,
<br /> ` # premiums, ta�es and nssessmeutg ��� ip becomc deliuqucnt, such suma to be held l�v Moctgagee
<br /> , in irust to pay said ground i•euts , premituns� ta�es and speci �al asscasmenta. -
<br /> ; ( b ) The aggregate of thu amow� Cs p:st�able pursu �mt to subp�u�ngr�iph (rt ) and thos� pntxble on the
<br /> '� noCe secmr.d hereb�•, �hall Ue paid iu a siugle pn�•tnent each ntontlt, to be npplied to the follow-
<br /> " ing items iu Llie order stated :
<br /> .
<br /> ( t ) 61'OUIIC� 1'Cllt9 � laxes, �issessmenis , (ire zmd other haz.ird insurnuce premiuma ;
<br /> , , ( tt ) intcrestputhenotesectn•edliereby ; .ind
<br /> ' ; ( ut ) atnortization of thc princip�il of said nota
<br /> Any deficiency iu Uie amouu � of �uiy such aggregate uionCBly payment shall, unless mnde good
<br /> b�• thc �lortgay;or prior Co bhc duc date uf lhe nexl saclt pat•ment, coustii;ute an event of default
<br /> ' ' uudcr ihis n�ortgage. At llortgagce 'y oplion . \Iortgagor «�iIF pay a "lale ch;�r�,*e" not eaceed-
<br /> i »g four per cenCtim ( 4 ;'� ) af an�' inslallment witcu paid tnoce than fifteen ( 16 ) da�ys after the
<br /> due datc lhercof to co�•er tlm extra cxpense im•ul�•ed itt hRndling delinqucnC payments, Uut such
<br /> " laite clifirge" shall uot be p:t���xble ot� t of Uic proceeds of an,y sale tnade tu satisfl' th� iudebted-
<br /> ness sectn�ed hereby, unles� such proceeds nre su (fiicient to disch;xrge ti�c entire indebtedness and
<br /> all proper cost� un�l c� �rr.nses secm�ed thcreb,y ,
<br /> 3. If the total of the paytnents macte by the Atortqagor uudcr ( a. ) of pars�gruph 'L preceding sitxll
<br /> excced lhe ntttowtt of puyments actually made by the 141ortgageq as truvlee, for g�rouud renis , taxes [md
<br /> asscasments or insurance premiuma, as the cnse mat,y Ix, such escess shnll be credited by the MorC$ttgee
<br /> on subsequent puymcuts to be made by the htorLgagor Por such items or, itt 1lfortgageds option , as trustse,
<br /> shAll be refunded to liortg�gor. If, homever, such monthly p,iyments shall not be su (iiciettt to pay such
<br /> items when the same shall become due aud payable, then thc Dlortg:tgor sliull p:iy t:o tlie Dtm�tgagce, ns
<br /> c�•�,gt��, uny amount uecesanry to m��lte up the deficiency ��'itliin thirty ( 30 ) days atter ��• citken uotice from
<br /> the hfortgngee stxtirig the amount of the deflcienc,v, ��� hich uoCice may he given Uy mail. Tf nt auy limc
<br /> the Mortgagor ahall tender to Che \fortgage�, in accordnnce �aith the provisious of the note secured
<br /> hereby, full payment of the entire inclebtedness represented thece���, lhe lforl�agee, as trustce, sltall ,
<br /> in comput:ng tho amotmt of sttch iudebtedness, credit Co tltc nccouttC of the DTortgagor tuiy credit bnlance
<br /> accumulated imder tlie provisions of ( a ) of para�•fiph 2 liereof. If klicre shall Uc ti def.iult under €iny
<br /> of the provisions of this mo��tgage resulting in R public aale of thr, premisea co��eral hereby, or if the
<br /> Diortgngce ncquires the proper4y othcr�visc <�fter defFuilt, the \lortgi�gee, .+s trustee, shall apply, F�t Che � :
<br /> � time of tlr. commencemenC of such proceedings, or ni; thc time t;he praperty is other���isc ncquired, the
<br /> ; � amou:: � then remaining to credit the 112ortgngor under ( a ) of paragraptt 'L preceding, as n credit nn the
<br /> interest ncerued and uup;� id and the Lalauce to the prittcipul then rentainiitg unpnid nn yuid note. 1�
<br /> 4 . The lien of tliis instrtimetit shall rr.mniu in fiill force t�nd e(fect duriiig a�ty postpo�tement or extett- ' �!,� " +
<br /> simi oF the Cimc of payment of the indebteclness or miy part thereof secured lterebY• ` � �'
<br /> � � . . . �� - F �, ,.
<br /> 6. Iie will pay atp ground rent9, tatses, assessmenls, �vate�• rates, imd other governmental or munici- � � ryf�� ;
<br /> pal chlrges, fines, or impnsitians, levied upon said piwmises und that he «�ill puti� aii tnxes levicd upnn this �c, �' :�
<br /> ntortgagc, oc thc debC sectn•ed thereUy, togetlier ��� itli any oHier Lxxes or a�ssessmenls ��'hirh may be levied
<br /> unrler th� la�va �f Nebraskii �gainst the A4ortgxgee, or Che legttl ltolder of saitl prinr,i ��al uote, on ��ccotm� of �
<br /> lhis indebtednese, excep6 �vhm� paymettt for ull such items hns tlicretoforc Ueen matie under ( n ) nf para-
<br /> graph 2 hereof, and he will prumptly deliver Che otlicir.l receipts Cherefor to tlie 1lortgiigee . Jn defuult
<br /> tliereof the nivi���ragec i�iay pay lhc snme.
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