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<br /> df� ptopetty othervri�e�ttrc dctault,th� Morig�e� ahy�1 appty,r�t the tim� of the commc�nc�.�m�n 1 oE su� t�
<br /> � proce�edin��. or �t the time !A� prap�riy i� olherwiee arquired, thN omounf tA�n retnnining tu crrdil of
<br /> Moctpi�or uader (s) of psn�,c�ph 2 precediR�� w� o c�edit an tAe interest ;i��rn�c�1 and unpaid end the
<br /> bstaa�e to the principal then ce��inin� unpaid on said nate.
<br /> � f, TX!!J�lA�tIl1S lAiLtW11lRL 8Iti1�I C41T1ain{n full f�rce and effect durin ��n x�vt to��ni�
<br /> �ton ot the tin�of p�ymrnt at the indebtedneas or aiay psrt thPrcrof aecur�i he�retiy.t t � �nt ur extrn-
<br /> � �' H�� � R�Y �� �'�� ��=s. taxn. u�s�ssments water rates, au�d other govemmental or
<br /> mu d�r�n,fines.or impositions. kvled upon wd pre�m�se�and th�t hc/she will pay a11 t�xes levied
<br /> . upon rnort�e.or the debt secured theteby�to�ether with any other taxes or a.ssessments which msy be
<br /> kwied under the iaws of Ncbraska nst the Mort ee, or the le �! holder of s�id rinci
<br /> count of thla ir�debtednas e w� � P Ral aote�oa ac-
<br /> � , �r� 2 hereof w�d ���� 1�Yment for such items�as theretafore boen made uader(�)of
<br /> defiuh theteof the iVlori �°mptty �elivcr the official receiFts therefor to the Mort�e�e, In
<br /> � �a may pay the same.
<br /> � 6. If he/she fails w p�y�ny sum or keep any coveaant provided for!n this Moriga�e. the Mart
<br /> � ; u its option�rw►Y P+�Y o�Perform the su�e.and�ll eapenditures so msds shall be sdded to the ��YK.
<br /> owinj on the sbovc note.shail be scrured hereby�and sha11 bear interest at the rate provided for n the S�
<br /> �P#1 indebtedneaa until paid. p�"
<br /> 7. Upon reQuest of the�[or�a�ee,Hort�a�or ahall execute and deliver a aupplement�al note ar notes
<br /> ' i�r tlx sum or wma sdvanced by-Ii[ort�s�ee for the alterstion�modernizatian or improvement made at the
<br /> ' Yort�s�or'a reQuest;o��or maintenance af ssid prcmisea.or for taxea or assessments against the sAme.
<br /> � and for�ny other purpo�e elaewhere authorized hereunder. S�id note or notes ahall be secured hereby
<br /> 0o s p�rity with and as fully as if the advance evtdenced thtreby w•ere included in the nate i'irst desctibed
<br /> sbove. Stid sup ktnenLl note or notes ahall be�r interest at the rAte provided far in the principaf indebt-
<br /> � edneaa and shsli �payable in approximately equal monthly ps�ymenGs for such period as ma�•be agsc�ed
<br /> , �pon by the Mort��ee snd a[ott�a or. F�tilin�to a�rce on the maturity, the whole �f the sum ar sums
<br /> w advsnced shall be due attd�ayab�e thirty (30) dsyasfterdemand by the Mortgagee. In noe�•entshall
<br /> the maturity Gxtend beyond the ultim�te maturity of the note firat described above.
<br /> : 8. He/she hereby assigns,transfers and sets over to the Morcgagee.to be app�ied taward the payment
<br /> of the note and all sums secured heceby in case of a defaulc in the performance of any of the cerms and can-
<br /> � ditions of thia lltort��or the aaid note,all the rents,revenues and i�icome to be deri�ed frum the mort-
<br /> ' ah�a Iahive ��6 duria�euch time aa the mortgage indebtedness ahall r�ma;n unpaid; and the blorigagee
<br /> i power to,�ppoint any agent or agents it may desire for thp purpose of renting the same and
<br /> eolleeting the rents. rPVenues and incame�snd it tnay pay out of said incomes aii neces.9ary commi�siona ° t �
<br /> �?��exg�►�..�iR�s:rr�3 iss r�nting.;►�i ��ii.7ax���K���E�ame anci uf cufi�ciiug rentais therefrom;the balanee
<br /> remsinin�.if any,to be!�pplied toK ard the discharge of said mortgaqe indehte�iness.
<br /> � 9.,He/sMe.�vlll cootlq�wu�ly�ta� hazard insurance, qf suSh tYOe ar tvi�es aad amount� ac rh�
<br /> __ - •.•3•����'y.:��,'°"s�v �n tne impr�vements now or hereafter on su�d presnises, and ex- -
<br /> � cept whm pbmeqt foe ���theretofore txen made under a)of a ut
<br /> : P�Y Promptl .�r►�en ctue���f o r. U n d � P �8Ph 2 hcreof, will -
<br /> + surance s�be curiod in cum Pa efault thereof.Mon�agee may pay the same.All in-
<br /> be heW by the Mo �approved by the Mortga�ee and che po�c�es and renewals thereof shall i�
<br /> � rt�a�a and have actsched thereto tass psyable clauses in favor of and in form
<br /> ; sccepta�ble ta the Mort�agee. ]n event of}osa Mortgagar H•il)gi�ve immediate notice b�• n�ail t„th�biort-
<br /> • �ee, who ttu�y mske proof of loss if not made promptly by Mortgagor, and esch insurance company
<br /> concerned is here�y authorized and directed to make payment for such loss directls• to the Mot-tgagee
<br /> inatead of ta the Mort�a�or snd the MoMga�ee jointly, and the insurance proceeds, or :�ny part tf�ereof.
<br /> may be appiied by the Mortgagee st its opt�on e�ther ta the reduction of the in�ebtedne!►�hereby secured
<br /> or to the reatoration or repair of the property clamaRed. tn event of foreclosure af thix m�rrtga�e,o�other
<br /> trsnafer of title to the martgaged propert} in extinguishment of the ind�btedness sc�carnd hPreby, all
<br /> riaht, title a�nd intenst of the Mortgagor in and to an�• inauranc� �licies then in forctr shall pass to the
<br /> purchaaer or�rantee.
<br /> 10. As additionsl snd c�liatersel aecurity for the payment of the note ciescti-ibed,and all sums to become
<br /> due under thia mortgag�e, the Morigagor hereby assigns ta the MortgagE�f�Hll lease bonuses, profits. rr�•e-
<br /> aues, royaltie�� ri�hta and other benefits accruing to the Mortgagor undpr any and aU oi1 and gas leases
<br /> ttow, or durin� the life uf this mortgage. executed an said premises,t�•ith th� riqht to rc�cei�•e and receipt
<br /> for the aame And apply them to said indebtedness as u•�11 laefure as aft.�r default in thc� conditions of tFeis
<br /> mortgag+e, and the l�ortgagee may demand,suE� for and rrrOVeC Any such pay�ment�s.�•hen due and pa4abte,
<br /> but ahall not be r�e�quired so to do. This assignment is to terminate and berome null and �oid upon release
<br /> of thio rnortga�e,
<br /> 11. He/she shall not commit nr• permit waste;and shall maintain the propeny in as govd condition as
<br /> at present, reasonable wear and tear excepted. Upon any failure to so maintain.Mongagee, at its option,
<br /> msy cause ra�sonable maintenar�ca work to be ptrformed at the cost of Ma�agor. Any amounts paid
<br /> thrre�ur h�: �iertgagce shalf �rstr ir�tr.sest at th� rate prvvi�ie�l for in the principai indebtedness, shall
<br /> thereupon become a part of the indebtedness secured by this instrument, ratably and on a pazity with all
<br /> � other indebtedness secured hereby, and shall be payable thiny (30�days after demand.
<br /> l2. He/she will n�t execute ur filr of recurd any instrument �+��ich impuses a restnccion upon the sale ------ --
<br /> or occupancy of the proprrty descritxd herein on the basis vf race, colar �r creed. �
<br /> 13. Jf�i72 aY'YFi1���or any part ther�of,be condemned under the pow•er of eminent domain,or acquired
<br />_ for a pub1ic uae. the dsma�ea awarded, the proceeds for the taking of, or the consideration for such
<br /> scquie�4ion. to tise extent o!the full amount of the remaining unpaid indebtedt�ess secured by this mor�
<br /> �a�e,are hereby aaaigned to the Mortgagee,and shall be pafd forthwith to�aid bfortgagpe, ta be aaplic�d
<br /> on account of the'laat maturing inatalimenta of such indebted►►e9s.
<br /> 24. If the Mortgspror fails to make any payments when due,or ta conform to arid c•omply «•ith ang� �
<br /> ot the eonditiona or reemente rontained in thia martgage,or the nr,tes ���h�ch it sc�c•tirf�s,ur if th,�Mnrt- �
<br /> 4 • �agar be adjudicated�nkrupt or made def�ndant in a bunkruptr.y ur rc�ceivPrship prnc•eedinQ, thrAn ths�
<br /> �,• entire�rinci�l sum s►nd acerued interFSt eh�l]at once bec�mP d�ie and pa1•able,at ttsr�I��cLion<ti{th�Ai�rt_ �`
<br /> � •��, �gre; anci lhie Qrtartgsge tn�y thcreupon � f��rpek�sed immediatri�• f�r thF� «•h�tc� �f th� ir��l�'I��('(�11PFG
<br /> .� �fereby aecur�cl. incTuding the coat of exrending the eb.ttract of tit�e fron► th�datE�of this rnort�a���to thc� �
<br /> , time nf comrnencing euch a►�it,�rcR��nsble attorney'R fee,and any suma paid by f hc�V�tc�r�ns.t i f�i r�:.
<br />_ on account of the gusranty ar ie�surance uf the indebtedr►ess s��ur��t1 h�rF�by, all ��f «h��•h �1�;►II IbE'
<br /> included in t�e decrcr of forecl�sQire.
<br /> t"�. �I`i:.:z�°ei�itE-u Si.ates Code,anci the keguiat�une is�ued tF�erc•undc�r sh�►!i g„ti�rn the riKiit.,iiutic��
<br /> and IiitFsitltiea of the parties ht trto,t�nd any prnv�s�rins of tt�js��r uther�n�trum�:�tti��xFrutE�l in� ��nntr•t ion
<br /> w�th sa�iA indebtc�dt�eaa whicls t�rc� inconeistcnt wilh ��d T�ZIe ur 1{e�gulaE�vnv aj•,� ����mt��• �u��e•r�ri,tii ai��i I
<br /> supplementcd to ci�r�tonm t�eretc►. _._�
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