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Transfer of Properly. If all or any part of the Property or any interest of
<br />Mortgagor therein is sold, transferred or further enctanbered without the express
<br />written consent of the Mortgagee, Mortgagee may, at its sole option, declare
<br />all. stms secured by this Mortgage to be irltrflediately due and payable.
<br />Together with all buildings, improvements, fixtures, streets, alleys, passitgrways, caserricnis. right%. privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents is,ur, 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, meluding replatw-mvnLs and additions thereto, is hereby declared
<br />to be a part of the rest estate seicumfl by the lien of thi, Mortgage and all of the fort-going bring referred to herein as the
<br />"Property"
<br />Mortgagor furtherconvenanfs and agree., with Mortgage•,, a, follow,
<br />I. Payment. To pay the indebtedness and the intrn•,1 the neon as proeidvd in this Mortgage and the Note.
<br />2. Title. Mortgagor is the owner of the Properly. ha. the right and authanl3, ter mortgage the Property, and
<br />warrants that the lien created ticrct, is a fir t and prior lice nit th,• PropertN . ,except as ina� otherwise be set forth herein.
<br />i' The Property is subject to a Mortgage where•tn -_ - --_ ------_---.__---
<br />is the Mortgagee. recorded it Book .. Page of +h, Mort,age Records of _.--- County,
<br />Nebraska, which Mortgage is a lien prior to the lien en•atrd hereh,
<br />0 lather prior liens or encutnhranc.�:..
<br />3. Taxer, ,issesarnents. To pay when due all taxes, ,pccial wisessme•nt-, 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 />may be sufficient to maple the Mortgagee to pay such taxes, asse ltsments or other charges as they become due.
<br />4. Inwtrance, To keep the improvements now or hereafter located on the real estate described herein insured
<br />son" damage by Fire and web other hazards as Mortgagee may require, in amounts and with companies acceptable to the
<br />Mort, and with toss payable to the Mortgagee. to case or kiss under such pohcits the Mortgagee is authorized to
<br />adjust. Cntiect and compromise, in its discretion, all claims thereunder at its carte option, authorized to either apply the
<br />peoceeds to the restoration of the Pn wrty or upon the indebtedness securest hereby, but payments hereunder shall con -
<br />time until the sums secured hereby are paid in full
<br />S. 0 [»crow For Taxes and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the
<br />conuar'y, mortpgor shall pay to the ;Mortgagee at the time or paying the monthly installments of principal and interest,
<br />ort-twelfth of the yearly taxes, assessments, hazard insurance premiums, and ground rents (if any Iwhich may attain a
<br />ptiorlity over this 1Mortgsp, all ax reasortably estimated from time to time by the Mortgagee. ne. amounts iio paid shall be
<br />heed by atir'fiottrtadire without interest and appited to tare payment of the items in respect to which such amounts were
<br />drptwilti�d. 7Wt sums paid to Mortgisgee hereunder are pledged m additional securitN for the indebtedness secured by this
<br />L{ r%w, illortimmiltatl qty to Mortgagee the amount or any deficiency between the actual taxes, assr•ssinems, insurance
<br />peel,.. Las and glrovtld rent. and the depusits hereunder wlthitt 10 days artier demand +s made upon Mortgagor requesting
<br />payawat thereof,.
<br />C Repair, itamtmaprsr and tire. To promptiv repair. restore or rebuild an% buildings ,rr impriewnwats now or
<br />herua[ter oo the Property, to keep the Property in good condition and repair. Nithout ua.i.• and frvr Irorn me chanir's or
<br />rrtticrlien■ Wert expressly i:utxxdintted to the Iie-n hereof. not to maitt"'Wfet or perenit any nuisance it, ,o ,t, not r,> ehrntn
<br />or irnv*tt, the valliir of the Iprspnrty try any act err vmi "inn to art- and 1" with all "'(1mreinem" of law "m
<br />fittpki^t fee 5,ae• Pr•,*pr^rt ?r.
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