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Q , 90-- 407O86 The Promissory Note provides time is of the essence of the Promissory Note and if default is nade in any monthly installment payment for a period of more than sixty (60) days, the holder of the Promissory Note may, without notice ar demand, declare the entire principal sum then unpaid, together with accrued interest thereon, immediately due and payable. The Maker of the Promissory Note reserves the right to prepay the unpaid balance of the indebtedness on the note on any monthly installment payment date by payment of one or more of the monthly installments of principal, but any prepayment made by Maker does not relieve Maker from payment of the next monthly installment after the prepayment date. Mortgagor agrees to pay all real estate taxes and special assessments levied and assessed upon the real estate and to pay all other taxes, levies and assessments levied upon this Mortgage and the Promissory Note which trris Mortgage is given to secure before payment is delinquent. If mortgagor fails to pay the real estate taxes or special assessments before delinquent, Mortgagee may pay the real estate taxes and special assessments, or pay any other liens Mortgagor permits to be made against the real estate, and Mortgagee is given a lien secured by this Mortgage for the amounts advanced by the Mortgagee together with interest at the highest legal rate. Mortgagor agrees to insure and keep insured the improvements on the real estate for protection against fire and other casualties in a sum of at least the unpaid balance of principal of the Promissory Note and to carry the insurance with a responsible insurance company duly licensed to do business in the State of Nebraska. The insurance policy is to be endorsed with a mortgage clause with loss payable to Mortgagor and Mortgagee, as their interests appear. Insurance proceeds