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86-- 102712
<br />Me property othervwase alt:'. K55i My Mospyr sON allo a! Ent lime of the rommen •,;yen of Sm ")
<br />proceedings, or at the nmp Kv prop H, rs otn ".,:s: ,.qw d MY am wn! Mop re a inng e runht of
<br />Mortgagor under (ae of paragaph 2 p h:: sni,. as a ringlet .n the l rest i and urlrai;d and stir
<br />balance to the principal then re•rra;n.r, vrepaul on said nc.te
<br />4. The lien of this instrument shall remain in full Force =d 040 •. d ur.ng wq post;rm nten ot- erxten-
<br />Won of the time of payment of the i debtedness or any part thereof e, ore rt her :;y.
<br />5. He will pay all ground rep-ts, taxes, assessments, -vawr rates,. and ether go;ernr tci sal rsr municipal
<br />charges, fines, or impositions, levied upon said premises and that he as dli pay xll taxes levied upon th;s
<br />mortgage, or the debt secured thereby, togs =then wath any othe -r taxes or asseessm nr h :,rrt may ?x- h:-vied
<br />under the laws of Nebraska against the Mortgagee, or the legal hoarder of said phra nyO nmK ,,,r account of
<br />this indebtedness, except when payme_w for all such items has tt;,rF•t iSwe beer: made n"der (a) of l?ara-
<br />1aph '2, hence_`, and he µ•ill prompt] deliver the official re�r•ei its therefor to the Mortgagee, lr: default
<br />thereof the Mortgagee may pay the ;tame.
<br />6. If he fails to pay any sum or keep any a «mart prod-1 f „r in -his tit r agag, . the Mortgagee, at
<br />its option, may pay or perform the %aloe” and all ,r,.eaie .;!val'i b. o ided t„ e hri.ectpal sum
<br />owing on the above note, shall be swurc-ct hcrAg4 and sham try er irl, nw at the raw pno,adrd for- in the
<br />principal indebtedness until paid.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and 51: per a sgMKntenta.l note or ,tales
<br />for the sum or sums advanced by Mortgagee for the alt. = ration,, modernization or improvement made at the
<br />Mortgagor's request; cr for maintenanice of said premises, or for tax" or asacssmert, against the same,
<br />and for any other purpose elsewhere atrthorizpd hereunder. Said now or notes Shah he secured hereby
<br />on a parity with and as fully as if the advance evidenced there -by :a ens niciudcd in the ns)te iIr•.st described
<br />above. Said supplemental Me or rotes Khan liar interest est at the raw pr ovKQ to In `w rye t wtai &TV-
<br />edness and shall be payable :n approximately equal monthly ,,, 'relents f,w such, lu riod •is Wray be agreed
<br />upon by the Mortgagee and Mortgagor. Failing to agree on th • maturity. the "•hole of Av sum or sums
<br />so advanced shall be due and payable thirty taOd days after demand by the Mortgagee. In ni e >-ent shall
<br />the maturity extend beyond the ultimate maturity of the trot" irsT, described abOVk'.
<br />8. He hereby assigns, transfers and sets r. vcr tx, the- Mortgagee, to he appii,�d tcm aryl the p a.: rnerrt of
<br />the note and all sums secured hereby in case of a alefault m tis pwV m m* A any of Use wmis and ara-
<br />ditions of this ?Mortgage or the said not at the net -s, reo ow s and away w h :.p 4wive d from the me,rt-
<br />gaged promises during such time as the mvrtgan ind V uAriess shad . wan uMwid , and Ow Monngee
<br />shall have power to appoint any agent or ,ay r r, s it -nay eie ,re i'nr tire• rtrrl"i s, of renting zliv •arse anci
<br />collecting the rents, revenues and income, and :t ma.y pas out of sail in•omes all nee ._ar, comrnrs,Tons
<br />and expenses incurred in renting and managing the• ame ones Q"Mw t mg ren,als i};...r, 1r. rn: the• balance
<br />remaining, if any, to be applied toward the d.u; bar" of matd mortgage ind.•bwdncss.
<br />y- Hec %c ill curturuouaiy maintai„ huw4 swimn,"4 sues ti l„ m t; li s andynvaids as the Mon-
<br />gagc�o may from time ta, tune r gwrt A— . yrown ws nose or her =after ors sou' in n nw and -xcvpt
<br />when payment for all such hr :m :lam ha.-, the et .fe,:e teen made under tai of paragraph `? iiere„f, " M psay
<br />promptly when due any premium;; try <re -for, Up>ir. i,'ault thori -of. Nlc•rtlrage•, etas pay ti„� :.are.«•. All
<br />iniurane shall be carried in eompan,: al,l, w d ire the :tong ag •• and Ow ylm4 ...Q now ae..:hereof
<br />shall he held by Uw Mortgagee and hwe attached Ole reto loss- pa,abl •_lass , or of and h, forli,
<br />acceptable to the ?Mortgagee. in «cent of loss Mortgagor a ,li give pnuno,hat. ,net. >,',v mail to the Mort -
<br />gaget who may make pnmf of b "s if nt mail, pmmpUy by Mor(gagol . and _ :vi i_ ins: :" anF4 I OnIj AM
<br />concerned A hereby authorized and erresi e to make payment 4w saich him e r Q to the'tl.,rigage._.
<br />instead of to the Mortgagor and the Mudgag,e bdritl an! Ke Amman" r:r , "cis, •,r area par* thereo , 01,111,111, no
<br />may be apphi -4 by the ilelortgawy M ik npYon 05T t., the wduAion .,f `hp ndel,t,•elness herehy .wi�re d
<br />or to the restoration or repair of the prirx-rte danmWd I;: ey .' :,f fesre, lo5u , f this mortgage s,r,ethpr
<br />transfer of titles to the mohicager, pr—port, in Mir:}uohm« -sat 4 the &$ , d,eas >aw"wd hereby, all
<br />right, title and interest of the tlortp,agor in and am ;trsuran. e pok; le, then in Tiot t . h at1. pass to the
<br />purchaser err grantee.
<br />ti?. As additional and collate -rat security for the payrrwnt of the rent" des•rd -d. am! all sums t„ Unxne
<br />due under this mortgage:. the Mortgagor heel =by assign t, the ;t,«ttgagee all a„• ?, nusps. profits, reve-
<br />nues, royalties, rights and other !:c "edit.. accruing to the under ana an,i all oil and gas leases
<br />now. or during the life of this mortgage, e> steed : t, . ad lie rn .ses• .� ith the right, to ro,.6ae and receipt
<br />for the same and apply them to card ,ndei;te t,. .;- tae {; tp•, as after b,farilt err the• ;-ond:tioeis of this
<br />mortgage, and the Mortgagee may demand. ie for and re,,iv �r any such l,fly" its who du,• and papahtp,
<br />but shall not he required so to do. 71its asmgv" ?nt is to tennmaw and lwcome nil and .oid upx>.i r,•':easp
<br />of this mortgage.
<br />11. He shall not commit or permit arise; a" s"N rnwOwn the limperty in as gea;d condlion as at
<br />present, reasonable wear and tear excepted. Upon any failure• to so rnaintwin Alortgsgnp at its option,
<br />may cause reasonable rriahttenan;e aaork t„ h, perfermed at the cost of Mortgagor. Any arn,unts paid
<br />therefor by Mortgagee shall hear inter! .et rate provided for in the principal indplitcdne.t. shall
<br />thereupon lowome a part of the indebtedness s cured by this rnstrument, ratahly and on a parity smith all
<br />other indebtedness secured hereby, grid ,hall 1w payable thirty 00t "lays after :iernand.
<br />It He ON not executecrfil f r ord qna mstrummt µh ch enrpt yes a re strict ai "n tl pie ea
<br />occupancy the prupert*chwui* -d Oe re in r n the haws of race, color or creed
<br />t tote. shit• -.r.
<br />13. 3t nr e���iBSStrce�f, Sx tonlemned ureter file ltinaarof r n; :rent 7omair,. ..ac,,rnre,i
<br />for a public use. the damages awarded, the prey e, ds for the taking of. or the considr•rar.nn f,,r such
<br />acquisition, to the extent of the fu11 amount of Ow r- mAn:ng unpaid indpbte,lness w=nd dry this mort-
<br />gage. are hereby assigned to the• Mortgagee°, and ,hall ]x, pair# Arthayrth t,: said Nl +engage., to he a,,tel?p d
<br />on account c,f the last maturing installment, of such mdelitf-dness.
<br />it If the Mortgagor fails to make any payments when due, (a to (nfornt ,,,and comhi} aa',th ana
<br />of the conditions or agreements contained in phis - nortgage• or the notes t%hj h i ;, ura : the %1,er-t-
<br />gagor be adjudicated bankrupt or made defendant in a hankrupt,y or receive =rshi; pr „(eehng, then the
<br />entire principal sum and aecruee,t It :te r st %'•salt at e n _, lr -,,ome d w and prey able it ilreelection ,-t the Nl,ai-
<br />L gage,: mid this mortgage may he fereeess d mt `diatpla !,,r r ar � , f the h uses
<br />hereby tw.cured, including the cost of , xtending the abst a et of !10e fr,an the oa*w la ti tau :Ali
<br />time of cormr:encing such surf a reawmable attr rney c fn,, and an) % ims ;card by th, Ve , r yns .1 ' n iii tra-
<br />Lion on account of the guaranty orAnsiurance of the ini l tt it ws se'< s + h: he all ct as he e hail lie @
<br />included in the iv,_ree of fore c cure. r”
<br />!S Lytle $8 L'snrted 5'�tattx C,rde, and the ltegu ati otr i s-uu d th)vreujjder 0,,all g ,r n the rrkt t iutrus
<br />ansf liabilitie* of the parties hereto, And anp lrr..t.n,u,, .f this m Aw., , . „ .e,,1, . , 3 . . . !,m,
<br />•
<br />a-rt`! iftrd ir„1elateKltyRt>s which arm :ncona1 -STCW Wilde a, <t '1 itro _ lCt jxu,. nl -.•, a -,, e • :e;,,
<br />rte[ =l.lrrrrNntad tt, ^unfurrn t.hwrele
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