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<br /> '!b Navr wHn Tu Htk„u the�s�e unto the Mc�rtg��ee. as herein pr�videcl. Murtga�or represeuta f.a.
<br /> � anei cavenanb with, the Morl�ree,ths! the MaMEsRo� has�rxxl ri=ht ta aell and convey e�sid premi�e.;
<br /> that thcy are inee irom e+icvmbrance.�rxcept�a herein otherwiae recited;th�►t the Mort�xor wiq wsrrant
<br /> �tktlnd tl�,•�am�►a�in�tl�1�w�p1 clt�ims of all p�r�oni whnmaoever. ][ortsagor herebv relinquis�hea
<br /> � a!1 ri�h4 ai ho�aeatead.�t11 mRrit�l rithhts,either ia l�aw or in equity.and all other con�tingent intere�ts og
<br /> Ne ltuttR�or in �d to thc above•�described premiaes.
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<br /> PROYIDm ALr►AYB, and these preaenb are eaecuted and delivered upot� tRe followin� condition�, �
<br /> �o rvit: .
<br /> I[ortta�or asrees to pay to th�Mortsatee.or order.the aforea�fd principal snm with intereat lrom
<br /> date at tAe rate of TEN per centum ( 10 S��) per annum on the unpsid bsl�nce
<br /> j uAtil p�id. Titie ssid principa{snd intereat ehall be payable at the office of the Loan Gutrsnty Ofticer.
<br /> . Qet�rans Af fairs, Resional OAke. Lincoln�Nebr�ska, or at $ur.h other plice s� the holder ot the . ,
<br /> ; notQ► may desi�nate in writins detivered or mailed to the Mort�agor, in monthly inntallments ot ,
<br /> T�iREE HUNDRED FIVE and 12/lOQ------�----- pp]�ars (5305.12 ),cummencing on the firsi
<br /> day of luna , l9 9Q ,and continuing qn the first day of each mUnth thereafter until said ,
<br /> nate�s fully pzid,cxceps t�at,if not sooner paid,the fina)pa�-ment of pnncip�l aad interest shall be dut a�d ;.
<br /> � , Payabte on the first day of �y .2020 ; all accarding to che terms of a cenain prcr �-.;
<br /> missory note of even ciate herewith cxecuted by ti�e saia iviorcgagor.
<br /> --- _- The l[octasaar furthar�s: -
<br /> 1. He/she will pa.y the indt�iainass as hereinbefore provided. Privilege is reserved to prepAy at any '
<br /> tiaee,without premium ar�'ee.the e�tin�ndebtedness or any part thercof not lecs than ti�e unount of one
<br /> , inst�allmeat,or one hundrCd dollArs(100.00),whichever is las. Prepsyment in full sha11 be crcdited on tho
<br /> date reoeived. Parti�l prepa t.othCr than on an insts�liment due date. need not be crodited until the aact
<br /> fdllowinj instattment due te or thirty ct�ys after such prepayment. whichever is eulier.
<br /> 2. Togefhet with, and in addition to. the monthly payment� of priacipa! and interest payaDle under
<br /> � tRe terms of the note serrrued hercby. MarRgagor wiU pay to Mortgagee, as trustee (under thc tetms of
<br /> � this trust as hereinafter stated) ot� the installment due date of each month untit said note is fully paid:
<br /> (a) A �um equal to the �rouna renta, ii ans.next duQ, plus the premiums tiu+t K il! next become due
<br /> snd payable on policies o!fire snd other h�zar�3 insurance covering the mart�aged property. ,
<br /> � plus taxes and aasrsattients next due on the mvrigaRed property 1 all as eatimated by the Mort- ���
<br /> ' :a�ee,and of which the ]dorteagor ia t�otified) le3s all sums already psid therefor divided bv -
<br /> ' the number of months to elspse beF�re one trsUnth prior ta the date �•hep such ground renta,
<br /> premiums. taxes sad aaaesamenW witl become delinquent,such sums to t1e h�ld by Mortgapjee
<br /> in truat to pay ssid�round rent-�,premiuma,ttxes and speri�l assessments.
<br /> (b) The a��repte ot the amaunts psyable pvrausnt to subparagraph (a) and those pasable on the
<br /> note aecqrect#�ereby. ahall be paid in a single payment esc}i.rnunth,to be applied io the follow-
<br /> in�itema ia the order stat�ed:
<br /> ; (1) �round renta, t�axea,aaaeaamenta.fine ana other hazard insurur:ce premiums;
<br /> , (tt) interat on the tiwte aecured hereby;snd
<br /> � 1111) amortitation qf the princiyal of ssid note.
<br /> Any deficiency in the amount of any such �gre�ate monthly payment shall. unless mAde good
<br /> by the Morttajor prior to the due date of the next auch pa�vmFnt,constitute an e�ent of defsult
<br /> _� underthis mortta�r. At Martgsgee'ao ticn. Mortgagor w•ill pas a "late charge" not excee�i-
<br /> ing four per centum (d;�) of a�ny inataPment when paid more than fi�teen (15)days sfter the
<br /> due date thereot ta cov�r the extra expense insolved in handiingdelinquent payments.but auch ,.---
<br /> "late chsr�e"shall not be psyable out of the praceeds of any aale made to satisfy the indebted- �
<br /> neaa a�ecured hereby.unleas�nr.h proceeds are sufficient to discharge t�he entire indebtednesa and
<br /> a!1 proper costs snd expensea s�:ured hereby.
<br /> 3. lf tt�e toi�t of tht payments made by ihe Mort�agor under (ay of pacagraph 2 preceding shail
<br /> exceed the amdunt of payments actually tnade by the 14l�rtgagee as trustee for gtound rent�, taxes and
<br /> assessments or insurance premiams,as the case may be.such exce�s shall be credited by the Mortgagee
<br /> � on subsequent p�yments to be made by the !N�rtgagor for s�ch items oc, ai Mortga�ee's optcan, shall t�e
<br /> rrf��nded to Mortgagor. If, however, such monthly payTents ,haJi not be suffic�ent to pay sucA items
<br /> when the same sha11 become due and payab3e, then the ?knrtgagor sttai! pay t� the Mortgagge as�trustee r..
<br /> � any amount necessary to make up the deficiency with�n thirty {30) days after written no{ic��ItrA t1i� �6
<br /> !Nortgagee stating tne artsount of the def�rzency, which notice ma�r bP �iven hy ma�l If at anv time ehe ;�
<br /> �lortgagor sh�U tender to the !Nastgagec�, i� acc�rQance with the p:ov�sions of the note sYCUrecf h�seb��, ,
<br /> full p�vment ol the ent�re �ndebtedness represented thereby<the Mort�a�ee as Fruste� �hall. �n�•ompuhn�;
<br /> thr am�unt ot surh �ndPbtedness, credit tc� the arcount of ihe Mort�a�;or any crc�dit bal�nre a+rumuic�te•�1
<br /> unde•t thc• pru�•�sions v! (a) of par�graph 2 hPreof. If therc• shaii be a de�ault und��r iny of thc- prri��s�nns
<br /> of ttt�5 martk;��r tc•sult�ng in .� pub{�� ��if� of ihe pre�n�ses cotiert•d hPreby. �r �f the Mvrt�;a�,e��� arq�iir��� �
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