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011052'
<br />To HAVE AND To HOLD the same unto the Mortgagee, as here
<br />and covenants with, tile Mortgagee, that tilie Mortgagor has -goo(,i
<br />that they are free from eiieunibrance, exce I pt as liereillotherwise r
<br />and defend the same against the lawful claihis of all porsolls.Nviloill
<br />all rights of homestead, all marital rights, either in law or in equ i i
<br />the Mortgagor in and to the above-describdd premises'.
<br />PROVIDED ALWAYS, and these presents are executed and deli
<br />wit:
<br />Mort.-agor agrees to pay to the klortgalee, ororder, tlieafores�
<br />at the rate of Nine per centum (9. 0 1;'o) per
<br />The said principal and interest shall be payableat the oflice of
<br />in Lincoln' or at such other placeA;
<br />writing delivered or mailed to the Akfortga.cror, in monthly installin(
<br />Dollars (s 144.03 ), commencing oil tl I to first day of Janui__
<br />the first day of each month thereafter until isaid note is fully paid,i
<br />payment of principal in(] interest shall be due and payable oil the 61
<br />according to the terms of a certain proinissbry note of even date h(
<br />The Mortgagor furtheragrees:
<br />1. He will pay the in * debtedness, as hei[einbefore. provided.
<br />time, without premium or fee, the entire indebtedness or any pai'
<br />I
<br />installment, or one hundred dollars ($100�00), whichever is less.i
<br />the date received. Partial prepayment, other than on an installm,
<br />the next following installment due date or thirty days after such
<br />2. Together with, and in addition to, the monthly payments
<br />tile terms of the note secuPed hereby, Mortgagor will pay to Mortg�
<br />trust as hereinafter stated) on the first da� of each month until
<br />(a) A stun equal to the ground rents, i�aiiy, next due, plus til
<br />and payable oil policies of fire a I nd other hazard instil'!,
<br />plus taxes and assessments next due oil the niortgage�l
<br />gagee, and of �Vliich the Mortgagor is notified) less aU
<br />tile number of� months to elapse efore oil(- month. prio
<br />premiums, ta%.es and assessnien I ts will bedoine delinqu(
<br />in trust to pay. said ground rents, preinituils, taxes all(i
<br />(b) The aggregate of the amounts pa3lable pursi iant to Sllbl� c
<br />note secured hereby, shall be paid in a single paynient:(
<br />ing items in the order stated:
<br />(I) ground rents, taxes, assessments, fire and otlidi
<br />(II) ilitel-estoiitlieiiotesectire(iliei-eb3,;aiid
<br />(III) amortization of the principal of said note.
<br />Any deficiency in the aniount ofiany such aggregate ini
<br />by the 1krortgagor prior to the due (late of the next such
<br />under this mortgage. At '11,fortgagee's option, Mortgh
<br />ing four per centurn (4%,) of a ny histall nient when
<br />due date thereof to cover the e% I tra exponse involved ii i
<br />"late charge".sliall not be payable out of the proceeds,(
<br />ness secured hereby, unless such I procceds-are sufficielit
<br />all proper costs and expenses so I cured thereby.
<br />3. If the total of the. payments made by the Afortgagor undi
<br />exceed the amount of payments actually made by the Mortgagee;
<br />assessments or insurance premiums, as the' case may be, such e%c
<br />on subsequent payments to be made by the Mortgagor for such it6i
<br />shall be refunded to Mortgagor. If, howeyer, such monthly pay�
<br />items when the same shall become due and payable, then the MP
<br />trustee, any amount neces , sary to make up tile deficiency within thi
<br />the Mortgagee stating the amount of the deficiency, �wliicli notic6
<br />the Mortgagor shall tender to the Mortg I agee, in accordance wl
<br />hereby, full payment of 'the entire indebteldness represented the
<br />in computing the amount of such indebtedness, credit to the accolt
<br />accumulated under the pyovisions of (a) of paragraph 2 lierecof
<br />of the provisions of this mortgage resultin I g in a public sale of t
<br />Mortgagee acquires the property otherwise after default, the Moi
<br />time of the commencement of such proceedings, or at the time il
<br />amount then remaining io credit the Mortgagor under (a) of Ph
<br />interest accrued and unpa:id and the baland I e to the principal then'
<br />4. The lien of this instrument shall remain in full force and efl
<br />sion of the time of payment of the indebtedness or any part thereof -
<br />5. He Nvill.pa�-all gr6und rents, taxes; lassessments, water rat
<br />pal charges, fines, or impositions, levied upon said premises and th,
<br />mortgage, or the debt seciired thereby, together Nvitli.any other ta.x
<br />aska against tile 111ortgagee, or.the legal hold
<br />under the laws of Nebr,
<br />this indebtedness, except -when payment fo�- all such items has tlie;:
<br />graph 2 hereof, and lie will promptly deliver the official receipts t
<br />thereof the Mortgagee may pay the same.
<br />I provided. I
<br />-iglit to.!sell at
<br />cited; ti lat tll(
<br />)oV( . n% i Moi:tg
<br />V, and all otli(
<br />red up6n the
<br />A 1) ri nci pal str
<br />nnum on the i
<br />Federal &
<br />9f Lil
<br />tile liol( erof,
<br />its of One Hi
<br />xcei)t. that, if
<br />. 11 1
<br />t (lay ofj De(
<br />,ewidi execut(
<br />rivilege is,re�
<br />I I
<br />tliei-eof not le!
<br />rep ; �ym I ent in
<br />1
<br />.t due date, n
<br />principal all
<br />,ee" as trustee
<br />d no� to is f uli,
<br />prenift lills tl�
<br />ce;covering
<br />roperty (all
<br />1111§ already
<br />to!the date N
<br />t, slichisums:
<br />agraph (('t)
<br />cll,�illolltll, to..
<br />ithly payinen
<br />)ayineni,� coils
<br />or will pay a'
<br />C1 more than fi
<br />andling, delim
<br />any sale inad
<br />disclia I rge th
<br />(a) of. par. -
<br />s tkistele, foi-
<br />ss shall, be cr
<br />s or,� at
<br />n16 sh
<br />all nof
<br />tgagor shall j
<br />ty ('30) 1 (lays'
<br />'nav be L-iveii
<br />lortgagor represe nts to,
<br />d convey said; pr6iiiises;
<br />Mortgagor will N v�arrant
<br />�gor hereby r6hiiquislies
<br />contingent interests of
<br />following conditions, to
<br />i with interest fromdate
<br />npaid balancel until paid.
<br />vings and Loan Association
<br />coln
<br />le note may designate in
<br />ndred Forty Four and 03/100
<br />) 76 , and continuing oil
<br />tot sooner. paid, the final
<br />ember 2005 ;all
<br />I by the said Mortgagor.
<br />�rved to prep,aY at any
<br />; than the arnpulit of One
<br />full shall be credited on
<br />ed not be credit ed until
<br />:hever is earli6n:
<br />interest payable under
<br />(tuider the terms of this
<br />paid:
<br />it will next become due
<br />ie mortgage(i property,
<br />estimated by tile Mort -
<br />aid therefor divided by
<br />lien such ground rents,
<br />o be held by"4Nortgagee
<br />nits.
<br />id those payable oil the
<br />)e applied tothe follow -
<br />of tile, Mort,
<br />If there sffial�j
<br />Premises CO
<br />S: tl'.1l
<br />,agee, �,q
<br />property, is
<br />& : aph �2 prec
<br />!maining unp
<br />t during any
<br />: � I
<br />�nd 0�tlier I
<br />I I
<br />lie will pay
<br />or assessmc
<br />of said prin
<br />I
<br />Lofore been i
<br />refo'r to the
<br />ice premiums;
<br />shall, unlesslinade good
<br />�tute an event of:default.
<br />ate charge" no,t.exceed-
<br />teen (15) days after the
<br />.iont payments, but such
<br />to satisfy tlib.iiidebted-
<br />entire indebtedness and
<br />,raph 2 prec edirig sliqll
<br />�-rouiid reiits�, taxes all(]
<br />clited by tlie!Mol-tgagee
<br />Lgeo's optionif as trustee,
<br />)e sufficient to pay such
<br />ty to the Mortgagee, as
<br />fter written notice from
<br />iy mail. If it any time
<br />ins of the n6te, secured
<br />r
<br />,agee, as trustee, shall,
<br />' or any credit balance
<br />'g'
<br />be a defauilt under any
<br />iered hereby, or if the
<br />tee, shall al�ply, at the
<br />therwise acquired," the
<br />ding, as a ere * dit on the
<br />lid on said no"ie.
<br />bostponerneiit or exten-
<br />ivernmental or munici-
<br />I taxes levied upon this
<br />ts which maybe levied
<br />ipal.note, on�account of
<br />ade under of para-
<br />Uortgagee. !In default
<br />
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