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r . 89- 100320 <br />2. Mortgagar,- shall procure and maintain fire, windstorm and <br />extended coverage insurance on all buildings or other <br />improvements now on or hereafter placed upon such real estate in <br />an amount satisfactory to Mortgagee, such insurance to have a <br />mortgage clause, loss thereunder to be payable to Mortgagee as <br />his interest may appear. <br />3. Mortgagor shall not commit nor permit any waste on such <br />real estates shall keep all buildings and improvements in good <br />repair and shall not impair or permit the impairment of <br />Mortgagee's security in any way. <br />4. M:br tgagor hereby assigns to Mortgagee al ,l rents in <br />' connection with such real estate <br />1 • <br />t In the event to Mort or a fails <br />Mortgagor pa•r such taxer; and <br />assessments or fails to procure such insurance or fails to cause <br />the removal of any lien on such real estate, Mortgagee may at his <br />option pay such taxes and assessments or procure such insurance <br />or pay an amount necessary to satisfy such 1 ieno . and all .amounts <br />advanced therefore shall become a part of . the indebtedness <br />secured hereby, shall be due and payable immediately eind,shall <br />bear interest at the maximum rate allowed by the laws of the <br />$ta to of Nebraska at the time of such -advancement. - <br />In the event Mortgagor defaultS.(a) in the payment when due <br />of such principal sum or any installment thereof or any interest <br />thereon, tb) in the repayment when due of any advances made as <br />provided herein or any interest thereon, or (c) with respect to <br />any covenant or condition contained in this mortgage, Mortgagee <br />may, at his option without notice and at anytime during the <br />continuance of such default, declare the entire irdiibtedness <br />secured by this mortgage to be immediately due and payable with <br />interest at the maximum rate then allowed by Nebraska law and'may <br />immediately foreclose this mortgage or pursue any other available — <br />legal remedy. In the event of any action by Mortga.ge�to enforce <br />collectiorea£ indebtedness secured hereby, Mortgagor'-agrees that <br />any expense' 'incurred in connection therewith., including costs and _ <br />reasonable attornLe •fees shall become a <br />y part 'of the indebtedness <br />secured by this mortgage. <br />In the event of any default set forth in them foregping <br />paragraph, Mortgagee shall be entitled to immediate possession of <br />such real estate and all the rents, revenue and income derived <br />therefrom during such time as the i1ndebtedness secured hereby <br />remains unpaid shall be applied by the Mortgagee to the payment <br />of.such indebtedness including. amounts deemed to be a part <br />thereof as set forth hereinabove% <br />v <br />