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Togettier with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances, located thereon or in anywise pertaining thereto, and the rents. issues and profits, reversions and remainders
<br />thereof*, including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />Improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />to be a pad of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the
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<br />Mortgogor further convenants and agrees, with Mortgagee, as follows:
<br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
<br />2. Title. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property, and
<br />warrants that the lien created hereby Is a first and prior lien on the Property, except as may otherwise be set forth herein.
<br />51 The Property is subject to a Mortgage wherein Firrt Natinnal. Rank of H2stInqsN*bxaSka
<br />Is the Mortgoilee, recorded at Book 141; Par 57 of the Mortgage Records of Hall . _--County,
<br />Nebraska, which Man" is a lien prior to the lien created hereby.
<br />* Other prior liens or encumbrances:
<br />* Taxes, Assessments. To pay when due Al taxes, special assessments and all other charges against the Property
<br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />Toy be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become due.
<br />4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />mefta,d~ by fire and such other hazards as Mortgagee may require, in amounts and with companies acceptable to the
<br />16rlgligmm� ad Vft Ion pay" to 'the Mmt&Ve. in came of loss under such policies the Mortgagee Is authorized to
<br />WkAst, collect and dx promise, In its discretion, all claims thereunder at its We option, authorized to either apply the
<br />poemsda to,the Totoradon of the Property or upon the indebtedness secured hereby, but payments hereunder shall con-
<br />Unue votill the sum secured hereby are pakd in full.
<br />L 11 Escrow For Tam and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the
<br />evology, Mortgaggyr " pay to the Mortgagee at the time of paying the monthly Installments of principal and Interest,
<br />o6e4welft,lof the yearly Wres, amemsements, hazard h10QTWce premiums, and ground Tents (if any) which may attain a
<br />pdodty over Mortgsipp, an as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be
<br />Wk by at Mortilisaw with** inismest and applied to the payment of the items in respect to which such amounts were
<br />41p606d;1W womi 'pold to Modppe hereunder are pludWd as additional security for the Indebtedness secured by this
<br />U~.*m#iWmW" M to Mfttp@" the ansount of any deficiency between the actual taxes, assessments, insurance
<br />psomhous and Wound reols and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting
<br />Payment themoof.
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<br />is Rmpok, MWokooft and Use. To promptly repair, restore or rebuild any buildings or improvements now or
<br />hooldW m On property; to keep the Property In good condition and repair, without waste, and free from mechanic's or
<br />admiltortot expeady subordinated to the lien b~: not to make, suffer or permit any nuisance to exist, nor to dimin-
<br />I* of knp&W the value of the Property by my ad or omission to act; and to comply with all requirements of law with
<br />resve" to the Prop"ty.
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