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f' 1 M. 1' To HAvg *ND To HoLD the now unto the Mortgagee, as herein provided. Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance, except as herein otherwise recited; that the Mortgagor will warrant soul defend the name against the lawful claims of all persons whomsoever. Mortgagor hereby relinquishes AU rights of homestead, all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above - described premises. Ptmvn= ALWAYS, and these present& are executed and delivered upon the following conditions, to wit: Mortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum with interest from date at the rate of Nine and One Half per centum ( 92' % ) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of the Loan Guaranty Officer, Veterans Administration Regional Office, Lincoln, Nebraska, or at such other place as the holder of the note may designate in writing delivered or mailed to the Mortgagor, in monthly installments of Two Hundred Seventy Seven and 07 /100 - - -- Mllars (S 77.07 ), commencing on the first day of September , 19 87 , and continuing on the first day of each month thereafter until said note is fully paid except that, if not sooner paid, the final payment of principal and interest shall be due and payable on the Best day of August 2017 ; all according to the terms of a certain pro- missory note of even date herewith executed by the said Mortgagor.