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<br /> , T@ HAYE AHO O HdLD thP�1I�6 unto E}ie Mort �O— ������ `
<br /> , � ga�e�,a�s herein provided. Mort�agor represent,s to, .
<br /> , , � and cot�enxnta Kith,th��nrtgagee,that the biortgagor has gond right to seq and comteyaaid prQrieises; . . � � �
<br /> � that�h�y are frLe from encut»branec,excepL as Aerein�therwise reciEed;that the�tortgs�or will w�rta�t . ` � .
<br /> < artd vefer�Ehe aame against�ite,law�'ut claims of�!I persons whomsue��er Mortg�g�or��ier�by retinquishea
<br /> t; � �It righte pP ho�estead�a11 marital ri�hta,either�in tacv ar iR cqaity,and all ather contin�ent interests of ��,
<br /> . the�dortnagor in and ta the aba�e-described pretrtiaee. .
<br /> : _ Flo�vlDEti�!1l.watrs�and these presenf�a sre exe�ute@ and delivered t�paa the toIIo�ltj'cond�tio�s,tQ - - -- -- --�.
<br /> �. � ��►it: � � � , �
<br /> �tort��gar ugrQes t�pay to t�ie hiortgagee.or utd er.the afaresaid prit�cipa!sum+vith in�erest frora date � '
<br /> at the rat�of �'� � ner ceatuin ( gp ;�)per annum oa tt►e anpaid bstutce until pai�. � �
<br /> ,` .T�e a�id ptiacipal and interest sha1)be p$yable at the office of rne Equitable 8vildi.�g and loan Ass•n.
<br /> - � M Grand Is2and, Nebraska ,ar at such ather ptace as the holder of the no�e m�tg destgnate in
<br /> �, writin$d�elivered or mailed to the biortgagor,in monthlg instaltments of One Hundred Ninety Seven � 46�1QQ
<br /> . � ���� t: i97.4fi !,commencing on the first dag of ,19 �stndcontinuing on �
<br /> � . the firsE dsp of euch month thereafter until said iiote is fu1Ty paid, except that,if not sooner paid,�the final �
<br /> payment of prinrapal and interest shall be due and payable on the fir�t day of . � : �a�} .
<br /> accordin�ta tlie terms o�a certain promissory�note af pven ciate here�sith executed by the attd Mortga$or. '
<br /> ' The�ortg�gor further agrees: . � .
<br /> � � 1. He;fshe �vill psy the indehtednes�,as heninbetore provided. Priv�ege is se�e�ed to P�P�Y at�y ' :
<br /> Zirae, wit+hc�ut premium or fee,the ent3re indebtedne�a�r any part thenoi not le�tdir�the�out�t ot oese
<br /> ui�tailmen�, or one hundred dalla� (�100.OQ),�rhlchever is tesr.Prepryment in fuU ih�11 be cndited oA tlte ;
<br /> dste teceIvecl. Partial pi�epayment� othex than on an installment due date. need not 6e cndited unt� the
<br /> nat foltorring lnstaltment due dAte or thirtyr days atLer such prepayment�whichever is earlier.
<br /> 2. Tc�g�tRer with,and in addition to,the monthty payreients of principal a�d interest payable urider
<br /> ' td�e terma of the nate secnred hereby,MoMgagar wilt pay ta MortgageP,as truatee.(under the term�ot thia
<br /> trtut a�hereinsfter stat�d) on the first d�y ot esch month until gaid note j�fully psid:
<br /> (a) A sum equai t�,t he Kr�und rentt�.if fu�y.RkXC (�lif�. ptua the yrcmi�rn.s that wil{ next br.come due
<br /> and payz�blo un policies of�re.and�ithr.r h�zard 'ens��r�ncc� cc�rE�A the mortgltged �,r�perly,
<br /> . $�lus tF[xcs an�� a::se�.�►nents next duc�on tx,-c:�urtgaged�:�3�f ct�� (al!aa e�titrtated by t��ioi� .
<br /> gagee,and of��•hich the hi��etgagnr ia n�itifi��d) tF�ss ;�tE s�ama elr�ady paid therefnr divided by • �
<br /> th�numk►er of montt�s to c�lapse i�E�fure nr,c� monti� rrc�.l�to the date w.hea such ground rente, � ' =
<br /> premiums. t�ax�s and n5sessm��nts «•ill I,�.rr,me d��tinqu�nt�such suma to be held by Mostgs�ee
<br /> in trust to pa�•sa'id qrounri rcn�.�. pr��miams.taxes and Hpecia!assesamenta. �
<br /> (b) The aggregate of tFu�amuunt9 payabl��pursunnt t�, subparagraph (a) and thoae paqabte on the
<br /> nc�te recur�d lic�rel,y.gh�ll h�paid iw r�singin naym�mt t�ach month,to be spplied to the toltow-
<br /> ing items in the�►rtter state.d: � �
<br /> � (�D Kr�unci r��nt�. taxc•w.r�+se��;m�mtg, f-r��nn�! other hazard:nsurance premiutn�; .��
<br /> it!► et�tei•�•st on tC'.i'�I1(►LCRf!cur��d hrr�b��3nd '
<br /> . (uU z,martir.ation �nf th� prin�•I�A)UP H81I�tlUtf'.
<br /> Any d��fiei�.sicy �n th�•:�mr�unt��f':�i�.v�;uch agKrnKate mc;nthly payment xha�;,unlaa madt�ootl
<br /> by the Stnrtfi:���n'nru►r tn th�•due�i:�to uf thc nrxt vuch p�ymrnt.�onstitutea.*�evet�t of�efault ; �
<br /> LlIIf�fC �Ilt9 /I'If�1�tRr�K��. At Sit►rt�ay�i�t�':w ui►tion.11Ye,rlq��or will pay a"tate Chatre"�sat��tCe�d-
<br /> ing fow• �x�r�•�•ntum (4'; ) nf any inyt�ill m�mt a•hr�n t�aid more than fitteen(IS)d�ya aiter the
<br />, due dnte t�tie�•�•��1'tu�cu�•�rr tl��•r•xtr.��•x��r�sc�invol�•rd in i►arutl�n�dc�linqueRtp.�yntept��buteuCh ��
<br /> "l:stc�c�haYt;F�''.vh:►ll nut bt� pay.ibl�•e,tit uf tht��ira���•��d�s��f.�l�y eale mAdt•tp aa.t,:sty ehr;ndebt�d- f '
<br /> n�gs s��c�u•ed I�e��•E�I�y.uul�•s:y�ueh p�•���•r����lg ar�suf}ic��rut todischtir�r•,theentiraindebtedtt�l�and
<br /> . 311 p��u�xrr cuyts:in�3 ���c�xms��r;��rnr,�d thcreby.
<br /> 5. it the tatal �1 the p1ymE�nta macle by the Mort.qngnr unAr.r (n) ot �arnpjreph 2 pr�ec�iin�eh�l!
<br /> exceed the amount uf�aymentc�actuRlly made by thc� 1�lortRaAe�� as truat��c�, for grnurtA rents,taxea and
<br /> asseasments or inaurAnce pr�miums, �t� the� ca�e msy be, such exceas�haq be crcKfited by the Mort�a�e�e
<br /> on eubacyuent p�ym�ntR to bc�madP by th�Mortgagor P��r�such it�iriy�or,-fit Mortga�ee's optton,as tevatc�.
<br /> , ahap be refunded tu Dturtgagc►r. It, howover, s�arh m�intl�ly paymenta ehal! not be dvt�tcient to�ny such
<br /> � iterr� when the aame Ahall bcv�umc duc and payable. thrn tiu� M�rtgf�or shall pay to tt7e Mor�gagec�. eia
<br /> truxtm.any nmuui�t t�c�cessary tn m:�k�u�thr rteficie�ncy within tP�rty (3Q} �i$ya atter wrstt�n notfcetrom
<br /> the Martgap,� etating thc• amaunt ot the deficiency, which natice may be p�iven by nt�i1. !f at�ny time
<br />' the Martgagur e?t3q tendrr to the hiart�tgee. in ncc��r�lanc� w ith the pre�viaions Ut the nate�eeured
<br /> here6y, full p.�yment u! the Erntire inclebtecirtesg reuresrntrc� thQr�t,y, the MortgagEe, as t�ustee, ehaU,
<br /> in computing the amuunt �4 auch in8ebiednea�. credit tv tha ncceunt oi the Mortgagor any cr�dit biUe�ce
<br /> �ccumulated uncicr the pruuisior,� oi (a) �►f paragruph �liereot. it there ahal! be a det�ult undtr any '" ""'� �
<br /> of the pravisihns ot thiR mortgnge reaulting in g public sale t�4 tl�e premiae� cocered hereby. os it !he
<br /> �Martgagee acyuirc�s the prc�perty utherwise a[ter defnult, the Nortgagee. aat tru�tee. eh�ll ippty. �t the •
<br /> time of the commenr.rmE�nt cr!euch proceedinge. or at the time tlie prAperty ia atherwiue xcQuind. the
<br /> . . . a��±_i�e��r�is�fa�tv�r��!':S !�� ';�rtga�.>r t�����er fai vi Faragn��L�re��f�ig.� �credit on E'he _ ' _.
<br /> intc�rc�st n�•ceu��d a�n�l unp;�id ali�i the baia�ice tc•thtr ptinci�81 then setnginit� ttnpaid ot�esld note. ��
<br /> L d. miic`IIPtI Of 4ji1C 1f1BEl�umEmt sht�il rFm.tiin �n foli fc�rce and effE*ct during any pustpunement oe exten-
<br /> sic+n t�f the timE•aY r,z�mc•t�t af ti�e�rrdf•bt4�dnes.q�r nnv nart t�►erkof securcd hereby. �
<br /> 5. Helshe wili pay uli �uur�d rents: taues, essessments, wetrt taLes. en�i c>ther gavemmental orz �
<br /> Y
<br /> municipril rhar�es, fines, or impc,�et�u��s,.tevied u�un'said premuee and t�et he/she wilt pay ell tartes Ievied �
<br /> a��c�a this muttg�e: c�r th� [ic�h► sr��ut�d theneby. tagetltrt with ar�g��t�et i�c�e►t�5seaemenf�wrhlch trtti,T; - . '''�.
<br /> ix� IrviE�d under thQ l�ws c,t:v��ti�wsstsa against tlie :bT�tt��eE�. +�s the tc6nl h�rlder ot a1ii� p=incipel nht�!� on -
<br /> arcuur�t at th�s u1:tF�t�tedt���;s, c•xt�ept cvht����,uymE�nt for sil}eueh itrms has th�ietc�fure bern meda under iai
<br /> of�:trFq,roph �hc�rF�uP.mul i�c•%shF v>ill�,eermptly de�hv�•r the t►fficinl rt�c efpte Lfier€�far tv the blvrtg�er. In
<br /> �tefuult thc�rc•of the V1urt�cc�,�•t�mny pay iJ��same� �
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