|
;4. i
<br />�;`,' ,
<br /> iT �
<br /> I{�
<br /> ti�
<br />�Y / 1 •
<br />� ,. �� lJl� � � () (X
<br />�
<br /> 1'0 HnVt: ANU 'Po 1fo�D ihc snme uuto We ➢lortgagcc, :tti hcroin pru��ided , \lortg�tgor repri�s��nts lu,
<br /> and covennnts ��� iUi, the nlortqagcr, ih;it thc ,1Tur( gagur h:is �,rowl right to scll .md convey said premises ;
<br /> that ttiey are free fi�om e�tcumbr:xnce, oseepl :is hareinolher��� i ��� recited � lhat the biortgagor ���ill �v:u•r�nl
<br /> :ind defend the snme :igainst lhe I.i��� Pul cla� ims oC alt persons ��•homsoc��cr. Murtg.iqor herebp rrliuquisl�es
<br /> .�Il rights uf honx�stead, all mnrital righls, cither in law or in equily, and ,ill uLlicr conCingent interrsls of �
<br /> the ➢lortga�;or in aud to the abo��e-described premisca.
<br /> YHOVinGu A[.wAvs, tlll[I LIICSC �)Cl'Sltilt8 ill'Q CXCCULCC� illlll dclivered upon Uie �OII015'Iilfi C011(III.IU113� to
<br /> R'It :
<br /> Dlurtgag�r ngree,r• to pay to the nlori�;agee. or ordcr, the aforesaid priucipul Sum �eith interest from datc
<br /> ut tlie rate crf eighC and one-half ���i• �����u�» ( 8 • 5cb ) aCi, .t �n {m on LI�eNn�aid �ialan�c �inCil p•�i�
<br /> , �� i �� � c iera ��ri � n�r� e� i� oan A:; 'ociati.on
<br /> i'he sxid principnl and interest siinli be p;iy.ible at tLe oliice of o�' �inco�n
<br /> i�i Nebx•oska , ur :iL such oCher place as Llie holder of tlie not�� may dosi�!nate iu
<br /> writing deliverecl m• mailed to tl�e �forL�:��;nr. in �uonlhly installnicnCs of One hundred ❑ ixty-nirie ond 1'7/100
<br /> Douzus ($ 169 . 17 ) , cunmiencing on U�e tiist d:iy ol Jwie , 1� 76 , aud continuiug on
<br /> Uie first day of eacli monlh thereal'tcr until wiid uule is full�� p;iid, c�cepC tliat, if nut sooner pnid, the (inal
<br /> payment of pi•incipnl and inLerest shtill be duc and payablc ou thc IicsC day of t�9ay , '�006 ; ,�II
<br /> accurding Co the terros of a certain promissor�� note of ceeu datc licre�vitli esecuted by the yaid btortgug�or.
<br /> Tlie 1Vtortg�qoi• furLhcr agrces : ,
<br /> � �' 1 . lIe n�ill PiiY the iudcbledness, as Leroinbeforc pruvidcd. Privil��ge iy reserved to E�repay at .uiy
<br /> Litne, ��� ithaut premium or (ce, thc eutirc indcbtedness or vi�� pnrL Lhcreof noC leys thatt tlte nmount of ouc
<br /> instulimen6, ur one hwidred dollars (�100.00) , whichever is less . Prepayment in full shull be credited on
<br /> the date received. Purtial prepaymmit, oLher than on mi installmeut due diite, ueed not be credited until
<br /> � the next fo►lo�a�ing installment duc dnte or thirty dnys idter such prepuyment, wliichever is enrlier.
<br /> •i
<br /> `� 2. Together �vith, xnd in addition to, thc moutlilv P�IJ'mevts oF principal nnd intere�l pnyable under
<br /> '= the tcrms of the noCc secured hereby, biort�;agor ��� ill p,�y to DforLK,iqee, ns trustcc, ( m�dcr the termti of this
<br /> �� trust as hereinufter stat��ci ) mi Lhe lirst day of e:ich montli w�til said note is fully paid :
<br /> ;L
<br /> i (u) A snm equul to tlie ground reuls, il' uny, nest due. plus Uie premiums that �vill next Uccome duc
<br /> �� aud paiy:thle on policics of lire 1nd othar lurr.nrd instn•auce cavcrin{; the mortgaged properLY,
<br /> plus t�ixes :tnd .issestimcul� next due ou U�e nwrlgagccl properly (:tll as estim.ited by the ,liort-
<br /> ,� gagcc, �u�d ul' u•hich ihc Df��rt�;n�nr is untilird ) l��ss nll sumy alrcadY Paid thcrefor divided b�•
<br /> : lhc numuer uf months to clnpsc beforc onc monUi prior to tlie d.itc �chen such gcound rr.nts,
<br /> F premimnu, taxcs .uul nssessmculs ��� ill beconic d��linquenf, such sums to br, held by� Niortg.�gee
<br /> s'i in trust lo pa�• sriid }Cruuud rents, I >romituus, ta�cs :iud spccial assr,ssmettts.
<br /> �; ( b ) 'Phc aqgrc�,rntc of the .uuuuuts pn}�abir pw:tivant to sub��arugc:iph (u ) and those pitptible ou Uic
<br /> � } note securod hc�reb��, shall bi� p;iid iu ;l sin�,�le p:t��ment encli mmtth , tu be applied to the follu�t�-
<br /> ing items iu lhu ord��r statcd :
<br /> `;
<br /> r; lt ) ground reuts, taixes, nsse�snieuts, firc ,ind other ha�z�u•d ivaurruicc premiuma ;
<br /> ! ( u ) intcrrvL on lhe uate sectu•cd hereby � :md
<br /> `' ( ut ) nmorli•r,ation ol' the principal uf said notc.
<br /> E�
<br /> ri Any delicicnc�� in llic �in�ount ol' ;in�� sueh agKre�;:ile monLhly li,iymeuC shall, uuless mnde guod
<br /> �) by lbc 11url�ay,ror prior Lo Uic due � Inte nf tlw nexL such pu}�ment, conatiLule un e�•enb of default
<br /> � : under iliis mort�age. A� 11ort�aytec's n ��tion� 1lorly,,iy,�ur will pny n "late charge" not escced-
<br /> �� ing four per crntum ( �1 '% ) of an�• inyl;ill meuL �� heu p;iid mure than IH'leen ( 16 ) days nfLer the
<br /> �� due dalc thcrcuf lu co� cr thc extra espcuse iuculced in hnndlin�; dclinqucut p:i��ments, buLsuch
<br /> `' "late ch.u•ge" shnll uut 6�� p.i}�;il�le uut of the �irocec�ls ut au�' sale made to satisfy the in�icbted-
<br /> � nes5 secured hcr��by, unli�ss such procec� ls uce snllicicut to diachau•tie Lhe euLiro indebloduesa and
<br /> `� all pcoper costn :�nd expensrs securc�l thereb)'.
<br /> :�
<br /> ;�
<br /> 3. If thc total of Lhe payments made by thc \Iortg:tgor undec ( « ) uf pnrngraph '1, prcecding ah:tll
<br /> -� excced the a�nount of p,iymeuts actunlly mnde bY tlic lTort�;,i�,�ec, ns t.ruslee, fur �;round rents, taxes and
<br /> � assessments or insurance pri�miwns, as ;he case ma,v �� such excess shall be credited by lhe Rlortqng��e
<br /> on suUsequent paymcuts to Uc madc by Ute :liorlgngor £or such ilems or, a� Dtort�{A�l'l'�tl OpLtUll� as trustcc,
<br /> shall be refunded to Alortgagor. [ f. huwever, such monLhly p:iyments sh.ill nut be su�licient to pay such
<br /> iLems �ahen the snme shall become c(ue ��nd p�iynble, then the 11orl�;:igur yh��ll pay lo the DIorLKaKee, as
<br /> trustiee, any amouuL neceti;;;u•y io make up the deticiency �cithiu ihirly ( .iU ) d:q�� :tCfer tcritten notice trom
<br /> � the blortga�,me st�tting ihe amottnt of Lhe deficiency, which noLice niay be gi ��en by mail. If al :my tirne
<br /> +i the Diortgngor slu�ll tender to Ute Dtorl�aqee, in accordnnce ��• ith lhe pruei:+iuns of the uule secured
<br /> '` hcreby, fttll paymettt of the entire indebtedness represenled thcreb��, thc �\[orlgagce. as trustec, sh�tll,
<br /> in computinq the amouut of such indebtedness, cre�lit lu Uie nccounl of the Aiu��t�,�ngor any credit bul.uice
<br /> nccumulated imder the proviaions of ( a ) oC par:igraph 'L hercoC If there sL.ill be a defnull uuder any
<br /> of thc provisionn oC lhis mortgage requlting in i� �iublic sale of the premises co�•ered liereby, or if lhe
<br /> > ltortgagee ncquires the p�roperty other�vise afler defnulL, tiie �fort �;a�;ce, ;�s trustce, shall npply, at thc
<br /> �' ' time of the commencement of such proceedinqa, m• at the time the properLy is othrr«� ise acquircd, the
<br /> � amowiC then rem�iining to credit the htorL�ugor under ( a ) ol' para�;raph 2 prccediuu, ns n credi6 on thc
<br /> � iuterevt accrued :uid impnid and the baLuree to the principnl then remaiuing unpnid on xaid nole.
<br /> k �s .� . • ,
<br /> � 4. The IIE:R Of U113 II1titPU1111!llt ti�L'lII 1'Cilltllll 111 PIIII �Ul'CC �ui�l cfl'cct durin�! nuy postponcment or esten- �y`' ';.,.
<br /> sion of the timc of pay'ment of Chc indebtedness or auy p.u•t therei�f sectn�cd hereby. � ]. 7
<br /> ct
<br /> 5. lle ��• ill pay all Kround rents, taxes, asscssments, �vater rnles, and other governmentul or mm�ici. �
<br /> , ' pal charges, tinca, or itnposiliuns, Icvic�l upon h�iid premiscs and llutL hc �e�ill p.i}' ;III �.II3C5 IP�'IC(� 11�)OIl LIIIS i'^� `:
<br />". . rourlgnqe, or U�e �Iebt sectu•ed thcreb}', tuy;elher �cilh any olher tas��s or assrssnu�nts �chich may be Ievied �
<br /> �
<br />�` � und��rthcltneso( NelirrtslutnRuinstUi� liorty;nuce, or Lhc IeK.�I holdor of uni� l ��rincip;il �iol��, mi nccounl of'
<br />:��,'�;'�.��� tliis indebteJncss, c�cepL �eh��n p:�ymcut for ;tll �uch itams h:ty thcrct�� tbre b�•em m�de undrr In ) uf �r� r�z-
<br />^*` gr:iph '.'. hcrcof. :uid }ie �cill prouiptly d��livcr lhc oflicial r��a�ipts t6crefor tu thc ;1lurls!,i1rc��. ( n � irGiulL
<br />�':;`�
<br />;w;:} Lhcrcof lhc btortgaKec ma)' pa}' thc s:unc.
<br />':':;`i
<br />, :. �
<br /> � _ J
<br /> ' 1
<br /> r
<br /> f
<br /> . `
<br /> `
<br /> ,
<br />
|