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86-- 104632
<br />To H.AIT ANn To Htatn the same unto the Mortgagee, as here.n pro tided. Mortgagor represc^ s to,
<br />and covenants with, the Mortgagee. that the Mortgagor has good right to sell and convey said premises;
<br />that they are free from encumbrance, except a_c hereinotherw;se recited; that the Mortgagor «-ill warrant
<br />-and defend the same against the lawful elaims of all persons who,:soeren Mortgagor hereby relinquishes.
<br />all rights of homestead, all marital rights, either in law or in equity, and all other contingent interests of
<br />the Mortgagor in and to the above- described premises.
<br />PRoviBED ALwAys, and"these presents are executed and delivered upon the following conditions, to"
<br />. . wit: -
<br />Mortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum with interest from date
<br />ti at the rate of -Nine and one half per centum {9.50%} eyra nrftst��=1a h j�� 3saiance until paid.
<br />The said princil s1 and interest shall be parable at the offree" of a oan esoc a IN Cif Lincoln
<br />in Lincoln, Nebraska or at such other place as the holder of the note may designee 11
<br />i�ritirg deiivered or mailed to the 3iartgagrr, in ninthly installments of Five Hundred Ninety a
<br />Dollars t$ 590.51 ). commencing on t he f!rst day of October lS36 .and continuing on
<br />the first day of each moo?h thereafter until said note is fully }laid, ex,*pt that. if not sooner paid, the final
<br />parrrtent of prir -cipal and interest shall Lee due and parable or: the first day of. September , 2001 -a
<br />according to the terms of a certain, promm -ory note of even date herewith executed by the said Mortgagor. -
<br />The Mortgagor farther 3grei�:
<br />1, lie she will pay the indebtedness. as herembefore provided. Privilege is reserved to prepay at any
<br />time. without premium or fee, the maze indebtedness or any part thereofnot less than the amount of one
<br />gtstallmemt_ or one hundred dollars (S100.00).-hichever is less. Prepayment in full shall be credited . on the
<br />time received. Partial prepayment, other than on an
<br />installment due date, need not be credited until torte
<br />next following Listallment due date or thirty days after such prepayment, whichever ffi earlier_
<br />2: Together with. and in addition to, the monthly payments of principal and interest payable under
<br />a tote terms of the note secured hereby. Mortgagor will pay to Mortgag(,-e, as trustee, i under the terms of this
<br />trust as hereinafter stated) on first day of each month until said note is fatly paid
<br />fn) :t sum Chaos r, tht- gran. -A rF_..a, _.` any, next :tae, thus the premiums that will next become d»
<br />and p a %At k r, lint ti.-s .,f N otfiir hazard rs iran<�e covering the mortgaged property,
<br />Tlu-, taxes x =.r ass s -m -n next dtl - . , >.a• - z.rtgag,=d Vroperlw tall as estimated by the 'Mort
<br />gag , a!, _i.t :M ! "t. :: f <,s iii sums already tra<d therefor divided isy+
<br />€aF `_
<br />the nuns- i n h. ? , is e - «iz- month ;pr. +or to the +car,- -hen such and ren'
<br />gra :.s:
<br />premiumni atc•e s ,ri 4s r * i ome oc mque nt, such sums to be field by Mortgagee
<br />. r trt,isi
<br />t b) Ti a ..- .;ir:. i a. t , J RUATIZ Iv. subparagraph iii) and those payaoie on the
<br />note sir. u , n, r :a.e. = , a 41— payment Carts mvntn. to be. applied to -'Ie fcoliw -
<br />- - mg item : .G ifw tat . - - - -
<br />'- a k�. .�: .. ';st .. . i,. ., ar:. othee hazard snsiirarfc= yrrettittizss.; -
<br />i: t :r�T•.r,.;.t ; trt nn-- scr ur. n s -.Yg,c and -
<br />ti: i 1w! za 4 - ,�t t -pI pa ; ? d ri#.te. - ..
<br />a n l,,he hr ar ayrg* gAtt� rsc.- .tadii� aa-ritnt shall, tiunless, rtz;tdegood
<br />t,rist;tute ai, event "f aefa It
<br />u ides !. ..i :.,'iz ags-. At rion, 1i= x ti age: =r w;N Pay g, .late charge" n n exceAd-
<br />ingiow -t izum = a -s, ;- la, dn, t ,rethan fifteen tl5) days after the
<br />_.
<br />cue da!� c;..: ra r nj= v ,ed ;n hari#_r ng drr.rgeent payments. but such
<br />;at ..:; 3x t na sit.! t. a ..... r-i ri �wis rsi art sat:- Mad ==i satisfy the - ndebt-,l-
<br />n «•cg sea ti x I disc iarg�°' ti-ke entire Indebtedness and
<br />all prupir ( and expemws sec°u. -r
<br />& if the total of the payments made by the - Mortgagor under ta) of paragraph 2 preceding shat)
<br />exceed the amount of payments actually made by the Mortgagee, as trustee, for ground . rts, taxes and
<br />assessments or irisurance premiums. as the case may tee, such excess shall be credited by the Mortgagee.
<br />on subsequent payments to be made by the Mortgagor for such items or, at Mortgagee's option. as trustee-,
<br />shall be refunded to Mortgagor- I£, ho-ever, such monthly payments shall not be sufficient to pay such
<br />items when the same shalt become due and parable. then the Mortgagc.r shall pay +=a tee« Mortgag**�,, as
<br />trustee, any amount recessary to snake up ttxe cieficle cy with.n thirty x T + +) liars after sy rittcn notice from
<br />the Mortgagee stating the amount of the deficiency. which notice may be giren by nisi#. if at any time
<br />the Mortgagor shall tender to the Mortgage ,. in accordance xith the pre.v ;scans °f the n_?e secured
<br />hereby, full payment of the entire indebtedness reprvsente.d thereby, the Mortgagee, as trirstee, shall,
<br />in ccunruting the amount of such milebtedness. credit to the account of the Mortgagor any credit balance
<br />accumulated under the provisions of tai of paragraph 2 hereof. if there shall be a default under any
<br />of the provisions - this mar' r stir- in a public sale v-f ve -
<br />�i'as -T prr=rnt:.es eo:rreti i-ei°ebr, or s£ the
<br />Mortgagee acquires the property otherwise after default. the Mortgag*�.., as truntc-e. shall apply, at the
<br />turn of the commencement of such proceed;nga,, or at the time the property is otherwise acquired, the
<br />amount then remaining to credit the Mortgagor under 4a) of paragraph 2 preceding, as a credit on the
<br />interest accrued acid unpaid and the balance to the principal then rernarning unpaid on said mote.
<br />i. The lien of -his mstrument shall rernam in full force and effect during any Ix_4tporement or exrten-
<br />anon ,A the time of to me-ni of the ndeMedress or sin mart thereof secured herebs.
<br />5 He,she will pay all ground re^nta, taxes, aiaic"Wents, water rates, and other governmental or
<br />trurm;tpa: ;harps, fines, sir i nposttsons, levied upon mad pretwass and that he.-she will pay ali taxes Wv-jed
<br />urloN this trryaxraox* it tile° doto iiecured thereby, uVether, with any ,5ther taxes or sessealtmenu, which rttsy
<br />tar €ar=cd under tht .swx +4 Nebraska agairat the Morlgsltwe, far the iegal holder of said princwt,46 note, on
<br />rsunt of this indetited,new. l,xcept when p',sY sent for all such >Iem& has theretofore twit, made^ under cur i
<br />pit par%graph 2 hereof. limb he she will prurnptty 44-liver the rffitnai rer°eis;s tnemf r !c the tic :r tyke, in
<br />defsu :t trierrt,f Lit«, tyres thr sortie
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