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<br /> j;-,_;�.�-�,��:,.:,�;.=-' MORTGAGOR agrees to inoure and keep �he improvemei�td insurEd
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<br />_Y,;- � •1�,t�a��sj��:�` : on the real estate for protection against ffre and other caeualtie�
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<br />,.;1;:.' �:�;.�t`;: in a sum of at l.ea�t the unpaid balance pf prinGipal of the
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<br /> � �� . �. promiasory note and to carry the ineu�ance wfth a reoponeible .__
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<br />_:s:?W'�.4^::�'�:'.�' insurance company dulf �.icensed to do busineas in the StatQ o�
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<br /> "-'� ��''�� Nebraska. The insurance policy i� to be indorsed with a nortgage
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<br /> _:h,�_�.�,;;;_ ,; .�,:. clause with loe�a payable to MORTGAGOR AND MORTGAGEE, as t�aeir
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<br /> - '�'""'• intereste a ear. Insurance roceeds rece�.ved ma be used to a
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<br />_ •�-� . . _ . for reconstruction of the destroyed improvements, or, if not
<br /> ''�''{°'�'`� 'y ' appliQd for this purpoae, may, at the option of the MOR'PGP,aEE, be �_
<br />'�.�L,�,,_,��:_a-�.,� appLied in payment oE all or any part af the un�aid indebtednes9
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<br /> secured by this mortgage• If MORTGAGOR fails to carry the —
<br /> ineurance required by this paragraph, MORTGAG�E may purchase the �
<br />,, .' insurance and is given a lien sec�xred by this mortgage fc�r th� �'`
<br /> ' . � amaunts advanced for payment of premiuma wi.th interest at the -
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<br /> '. . �' certificate from the insurance company insuring the improvements of =
<br /> :. • the real estate for evidencing MORTGAGOR has acquired the ineurance �,JA
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<br /> � � to be carried on the impxovemerits o� the real estate, the �:r.,
<br /> - ' '� � certificate to contain a clause t11e insurance policy cannot be .
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<br /> �: .�'� 'r:�>;: ' cancelled without a least thirty (30) day�' prior written notice to
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<br /> ,...,..�a>.� MORT GAGEE. a:
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<br /> �"�"`.. .'.;�i.` If the MORTGAGEE brings an act ion to foreclose thia mortgage, �' "
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<br /> . -- �^n• �-� the court may appoint a receiver to take possession of the real ,
<br /> � - � estate, a� provided by law. .,
<br /> . . : .� Any failure or delay of MORTGAGEE to exercise any of the
<br /> ' � MORTGAGEE'S rights or privileges under this mortgage shall not be
<br />= , construed as a waiver of such right or privilege. Any act of
<br /> � _ • MORTGAGEE waiving any specific c�efault of MORTGAGOR shall not be �
<br /> g � construed as a waiver of any future defaults.
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<br /> tdORTG,AGOR covenanta with MORTGAGEE that MORTGAGOR will not,
<br /> ; � directly or indit�ctly, mortgage, pledge or incumber the real
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