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01081i T.WE'M'ORTGAGOR F'URTHER COVENANTS AND AGREES:� That the Mortgagor willipay the indebtedness as heicinbefore providecl. That the Mortgagor is the 6wner of said property in fee. simple and, has good right land lawful authority to sell and convey the same and that the same'is free and clear of any lien or encumbrance and that Mortgagor will warrant and -defend the title to said premises against the' claims of all persons whomsoever. To pay immediately when due and payable all general taxes, special ta,<es, special ...... ... ...... .. I ..-ter ch.arges, sewer serv- ice charges, and other taxes and charges against said, property, and all taxes levied on the (10A s i ecu red hereby, iind to furnish the Mortgagee, upon request, with the original or duplicate receipts therefor. Tb�, Mortgagor� agi-pes. that there shall. be added to each ' monthly payment required hereunder or under. tile evidence of debt seclir,!d hereby an anjount estimated'by the Mortgagee to be sufficient to enable the Mortgagee to pay, as:they become due, all taxes, assessments, an, d similar charg�s,upon the prem- ises subject thereto'; my deficiency because of the insufficiency of such additional pAymeriLs shall. be forthwith:; deposited by the Mortgagor with the Mortgagee tipon demand by the Mortgagee. Any.default under this paragraph shall be d6emed a default in payment of -taxes', assessments, o� similar charges required hereunder. The Mortgagor agrees that there sliall also, be added to each mo payment of. pri icipal and inter�est required here- under an imount estimated by th6 Mortgagee to be sufficient to enable the Mortgagee to pay, as it becomes due. the insurance premium on any insurance policy 'delivered to the Mortgagee. Any deficiency I )r -cause of the�� inslifficiency of such -additional pay- ments shall be forthwith deposited by the Mortgagor: with the Mortgagee upon' demand by'the Mortgagee. Any default under this paragraph. shall ' be deemed a deftiult in the payment' of insurance premiums. If the policy o� r po icies deposited 'are such w; lrome- owners.or all risk policies, and We deposits are insufficient to pay the entire I p'emium, the,�;Mo tgagee may apply the deposh to pay premiums on risk,; required to be insured by tliis�moirtgage. Payments. made by the Mortgagor under the above paragraphs may, 'at tile option :�of t le Mortgagee, be held'by it and commingled with other such funds or its own funds for the payment of such iteli�ls, and untiF�so 17pplied, such payments are hereby pledged as security for the unpai�l balance of the ni��)rtgage indebtedness. To procure, deliver to, and maintain for the, benefit of the Mortgagee! uring the lifo�, of his mortgage oi�*.iginal policies and renewals thereof, delivered at least ten days before' tile expiration of any such ':policies, insurrinp against fire and other insurable hazards, casualties, and contingencies as the Mortgagee may require, in an jar . ount equal Jo the indebtedn . ess secured by this Mortgage, and -in companies acceptable to the Mortgage(--, with loss payable cla�u'e in favor of and in form acceptable to the Mortga- gee. In the event any policy is not renewed on or b�fore tell (lays of its expira�ion, the Mortgagee may procure insurance on the improvements, pay the premium t ' herefor, and such s61n shall become immediat6y due and 1), 1 IyAble with interest at. the rate set forth in said note until paid and shall be secured by:� this mortgage, Failure on, the part of th . e 1�iortgagor to furiiish su . ch rene% . vals as are herein required or failure to pay any sums adv�anced hereunder shall, a� 1he option �of tht� Mortgagee, constitute a default under the terms of this mortgage..jThe delivery of policies shall, in tile ev"ert of, default.' corstitute an assignment of the tin - earned premium. Any sums received by the Mortgagee by reason of loss or damage linsured against mi be retained by the Mortgagee I y and applied toward the payment, of the debt hereby secured, or, at the option of the Xlor!gag e, such slims either wholly or in build , n part may be paid bver to the M(irtgagor to be used 'to repair such buildings or to e�v buildings in their place or for any other purpose or object satisfactory to the Mortgagee without affecting the lien on the mortgage for the full ambunt secured here- by before such payment ever took: place. To promptly repair, restore or rebuild any, buildings o.r improvements now or hereaft(r on the premises which may be- come damaged or destroyed; to keel) said premise's in good condi tion and repair, and, free from any mechanic's li'n or other lien or claim of lien not expressly subordi:nated to the lien hereof; not to suffer or permv any unlawful ill -e of or any nuisance to exist on said property nor to permit waste on said premises,:nor to do any other act wiereby the prope ty hereby conveyed shall become 1 , r less valuable, nor to diminish or impair its value by any act or'omission to act; �6 com�plv with all requirements of la%v with respect to the mortgaged premises and the' use thereof. That should the premises or any part thdreof be- taken o'r damage(] by!! eason of any'r pul lie improvement or condenination proceeding, or under the right of eminent domain, 6r'!�in any other manner, th 6 Mortgagee shall lie entitled to all compensations, awards, and any othe'r payment or relief therefor, and sliall be entitled, at its 6p�ion, to comip,en e. appear in and prosecute in its own name any action or proceeding, or to' 'make any compromise or settlement in connection with such taking or damage. All such compensation, awards, damages, right of action and:proceeds are hereby assigned to tlie� Mortagee, who may, after deducting therefrom all its expenses, release:any moneys so received by it or apply the sal e on any'indebt6driess secured I I iereby. The Mort- gagor agrees to execute such further assignments of 'any compensation, awards, damages, an(�l ri lits of action and p roceeds as tile Mortgagee may require. That in.case of failure to perform any of tlie,c'oveilants herein. the Mortgagee may�(lo�on he Mortgagor'_q� behaff everything so covenanted; that the Mortgagee may also do any act it may d.eem necessary It( protect the� lier thereof;. that the Mortgagor will repay upon demand any moneys paid or disbursed by the Mortgpgee for any of the above purposs, and such mo�nevs together with interest thereon at the rate provided in said note shall become so much additional indebte'dnes hereby securec'i and ma be in - y eluded in any decree foreclosing this mortgage and be paid out of the rents or I of sale of said premises if not otherwise 0 ""' I I . paid; that it shall not be obligatory upon the Mortgagee to inquire into the va�irdicty of any heii. encumbrances, or claim in ad- vancing moneys�. as I -above authorized, but nothing herein contained shall be cons rued as requiring the Mortgag�e to advance any moneys for any such purpose nor to do any act hereunder; and that Mortgagee'shall not incur anN,l personal liabiRty because of any- thing it may do or omit to do hereunder. I I I In the event of the default by Mortgagor in the payment of any install T 6nt, as req6irec i I by the Note §ecured hereby, or in the performance of the obligation in this mortgage or in the note secured -�b gee s a e en i ed to declare the debt secured hereby due and payable without noiice, and.the Mortgagee shall .!ntitled at its'option, without notice. -either by itself or by -a receiver to be appointed by the court thereof,�and without regard to t1wie!adequacy of!an I security for.th . e indebtedness W., cured hereby, to enter upon -and take pbs�-e�gibn6f the *mortgaged premises,.a nld� to collect a Iceive the rents,' issues and profits thereof, -and apply the same, Jess costs of operation and collection, upon the , indebtedness S,6cu i I gage; said rents, - d by this mort rr, ness secured hereby.' issues and profits being hereby assigned to the Mortgagee as further security for'the paymqnt of all i debted' The Mortgagee shall hav6 the power to appoint any agent or agent- it! ,rray desire for the purpose of repairing said prem- .ises-, renting the same; collecting file rents, revenu ' es,and income, and it may pay out of'sai&income all expense's incurred in rent- ing and. managing the same and -of coll6eting the rentals therefrom. The bal aince remaining, if any, shall be applied toward the .discharge of the ffi6rtgage indebtedness. This assignment is to terminate an I 'come null a d v id upon releiis� of this mortgage. r r d kv-1 1e7 Filed for eco Z_ p 4t. ZIK) '-'5- �Ipz .5 1. in 00 L 'in o 0 Pa e . J e ' ��c,R e �e J e Fish�e Register of Dla�__�, Hall CoUnty, Nbbraska 0