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<br />fait pnoprily otherwise after default, the Moilgagee shall apply. at the time of the commencement of stivil
<br />prnrtrdtugtl, ur ut the lime the property is otherwise acquired. the amount then remaining to credit of
<br />Norigagor tinder (a) of paragraph ?, pteceding, as a credit on the interest accrued and unpaid and the
<br />bl+fanve its the principal then remaining unpaid on said note.
<br />4. The lion of this instrument shall remain in full force and effect during any postponement or exten-
<br />slon of the time lit payment of the indebtf4fiess or any part thereof secured hereby.
<br />!. Hero will pry all gsound refits, taxes, as csamcnis watr, rates and other governmental or
<br />trunkl��tIrat! cog, fines ar impositions. levttd upon said premises and that he/she will pay all taxes levied
<br />upim this marts. or tfte debt secured referee together with an other takes or assessments which may be
<br />ltwlyd under oho laws of Nebraska ��((ttst oho Martga�re. or the legal holder of said principal note, on ac-
<br />ctwnt of tIll% indeMadnesl. except wfisn payment far ail such items has theretofore been made under (a) of
<br />paragraph 2 hereof and he/she will promptly deliver the official receipts therefor to the Mortgagee. in
<br />default thereof the Mongoose may pay the same.
<br />6. If he/she fails to pity any sum or keep any covenant provided for in this Mortgage, the Mortgagee,
<br />at its opt ion. may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br />owl on the above note. shall be secured hereby, and shall bear interest at the rate provided for in the prin-
<br />c=nIndebtedims until paid.
<br />7. Upon request of the glorigAsee. Mortgayforshall execute and deliver a supplemental note or notes
<br />for the stem or sums advanced by Mortgage for the alteration. modernization or improvement made at the
<br />1lort agor's request; or for maintenanve of said premises. or for taxes or assessments against the same.
<br />and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured hereby
<br />on a parity with and as fully as if the advance evidenced thereby were included in the note first described
<br />above. -Said suppktttental note or notes shall hear interest at the rate provided for in the principal indebt-
<br />edness and shall tie payable in approxlmateiv equal monthly paymenf"g for such period as may be agreed
<br />upon by the Mort gal", and Mortgagor. Failing to ague on the maturity, the whole of the sum or sums
<br />so advanced shall due and Payable thirty (30) days after demand by the Mortgagee. In noeventshall
<br />the maturity rxtend beyond the ultimates maturity of the note first describmd above.
<br />A. he/she herehr avogen, transfers and sets r►s•er to the h1ortgagcc, to be applied toward the payment
<br />of the note and all +luny wtured hereby in.:aw of a default to the performance of any of the terms and corn -
<br />ditions of this Mortgage or the said note. all the rents. revenues and income to be derived from the mort-
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the blortgagrre
<br />shall have power to ,appoint any agent or agents it may desire for the purpose of renting the same and
<br />collecting the rents, revenues and income. and it may pay out of said incomes all necessary commissions
<br />and expenses incurrml in renting and managing the same and of collecting rentals therefrom; the balance
<br />remaining. If any. to be applied tovi and the dist-hargo of said mortgage indebtedness.
<br />Si: '*irraitC will contimrwsiy mau twn hard ins>aancc. of such type or types and amounts as the
<br />Mo »g. C may from time to time reQuire, on the improvements now or hereafter on said pretziNes. and ex-
<br />cept wnen payment tof all such premiums has theretofore been made under (a) of paragraph 2 hereof, will
<br />Pay promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. Alt iicc-
<br />suranee shall be carried in cumpatnes approved by the Mortgagee and the policies tries and renewals thereof shall
<br />be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in farm,
<br />acceptable to the Mortgagee. In es.'nt of loath Mortgagor will give immediate notice by mail to• the .,%iort.
<br />gagee. who may make Irroof to( loss if not made~ pn►mpily by Mortgagor, and each insurance company
<br />concerned Is hereby authorised and dir44-te,1 to make payment for such loss directly to the Mortgagrf '
<br />Instead of to the Mortgagor and the Murtgagl-e Jointly, and the insurance proceeds, or any part then:,-?
<br />may he applied by the ortgagfw at Its (option either to the reduction of the indebtedness hereby secutW
<br />or to the restoration or repair of the urotx-rty damaged. In event of formlosure of this mortgage. or other
<br />transfer of title to the mortgagei) proli,•ris- in eldinguii-.hment of the indebtedness secured hereby, all
<br />right. title and intere►et of the Mortgagor in and to any taRuraucf' policies then in force shall pass to-the
<br />purchaser or grantee.
<br />10. As additional and collateral itccurity for the pavmt'nt of the note described, and all sums to heu(Irete
<br />due under this mortgage. the Mortgagor herefiy assign's to the Mortgagee all lease bonuses. profits, reve-
<br />nues, royalties. rights and other lienefitts w crinnit to the Mortgagor under any and all oil and gas losses
<br />now. or during the life of this nnirtitage, voimuted an said premises, with the right to receive and receipt
<br />for the name and apply them to mild Inds• dedness as %ull lief! ►re as after default in the conditions of this
<br />mortgage and the Mortgagee may demand, sue flair allot I'm over any such paymt' u when due and payable.
<br />but shall not be required so to do This ass►a'nment it< to terminate and twrome null and void upon release
<br />of thfs t�nertgage.
<br />11. He /she shall not commit or permit waste; and shall maintain the property in as good condition as
<br />at present. reawnable wear and tear excepted. Upon any failure to so maintain. Mortgagee. at its option,
<br />tnNLy Oa-4e reagmaW mamicanKe wook to be petfuirne i at the txxast of Mortpgor. Any amounts paid
<br />therefor by Mongailee shall beat interest at the rate provided for in the principal indebtedness., shall
<br />thereupon become a part tit the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness secured hereby. and -,halt be payable thirty (30) days after demand.
<br />12. He/rhr %% oil nirt r%e.ute,or hlr of let iire] .ins it "trument which impowi a sale
<br />fir owcupancy of the ptioperts dr%rlfird hrnvn foil thr hmii, of nl.e. ttdnr for .recd.
<br />13. If the premises, or any part tlirr4 •+1f, Fir' crondontivil under the power of eminent domain, fir acquired
<br />for a public um. the darn&&* awarded, the• �►rt.eeeda fur the taking of, or the consideration for such
<br />acquisition, to the extent. of lhr� full aniotlflt r., the remaNuu llnitald rodebtednesft efrured by this murt-
<br />gsge, are hereby assigned to the MrortQ11gow, snot 11111111 N' it-all) forthwith to said Afortgave. to be a.►plird
<br />on account of the lalit maturing uisWinif•iifN t.f su.•h tnrtehrr�Arlvas
<br />14. If thr Mortgarly fails to mskt• 11rsv 11m olNrlfs %hrn due, or to confform to unit dimply with any
<br />of the conditions or altre- rritenta f ontanirtf -to 1111N filortgago•. otr flit, ri�ltr9 to hich it Sieviirefl, or• if the• M(ort-
<br />gagor ile. ad)udiratfd bankrupt for inaole deft nrlvid Ito a hankrifptuy or rrt eiverAip tliYtrarritfru, then the
<br />eritire print fill //tier► and arcriled intrreat f1halt its ttnl t• N4 ttiliv tit-it, atis) loavahh'. of the elowtio l uf� the Mort -
<br />`arsp: and this wrtxage niay thrreulam Ito• ftirut lootlM irttmr••dtstoy fnr flit• %'hill$' fof the 111d011M•dntWS
<br />hereby gerund, including the cost of rairtidn44 ter' flt.stra(t tof fitly fitent tho, %fat., tlf thin mortgage to the
<br />time (if (ifMimencirla such lull. a rra11f.nalilf, alfttt nf•y'11 fee. Artd env rilst"% paid by flit, V et.'raim .1i:( r i t • ,
<br />on account of the �tIsranty fly insU►arloe' o.f flit, irA09tudiro" f'lTteft•,j ht reef, sit! if avtilrt, sham! 'I'll
<br />Itxlu?tf•d in the decree o forFeluauri'
<br />1'► Title I H I Inited Stmea i 71dt-, and tfit- Itelplis /'trio, i1,n11rri Ihr rcl,r:drr 911fill K, 1%. (.1-81 t lw f 1Aht'.. dllt ro• I
<br />slid bahilittra fit the parttril heist /► still airy III +.LtRNiilg4 it.lh +•t t. /tit ► i., °oi Il iwto., , w wivl iit t..ftill• iim,
<br />with said indet,tMrlrAa whirl &to. tilcoll'slMent alth ritul 'I stir, I.r 1,4g,41.0f"Is•. ts+rt• (c•iol ttet,t•9t.h.f aril
<br />c it illflrnfrd to cratfrmn thr•rrtt.
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