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To HAVE AND rF°°•- 1f®c!•!666
<br />To HOLD the same unto the Mortgagee, as (u•r••,n pro% ided- Mortgagor represents to,
<br />and covenants with, the Mortgage
<br />e, that the Mortgagor has good right to sell and convey said premises;
<br />that they are free from encumbrance, except as hereinotherwise recited; that the Mortgagor will warrant
<br />and defend the same against the ia„ fun claims of all persons whomsoever. Mortgagor hereby relinquishes
<br />h 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 />PROVIDED 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 />at the rate of Nine and 8/10
<br />The said principal and interest shall be payable attthe office of Norwest Bank Omaha, National Association
<br />( 8 i ) per annum on the unpaid balance until paid.
<br />in Omaha, Nebraska
<br />writing delivered or, mailed to the Mortgagor, in monthly installments of Four Hundred Forty - Three, &a07o100
<br />or at such other place as t he holder of the note may designate in
<br />Dollars ($ 443.07 1. c•onamencing on the first day of September
<br />the first day of each month thereafter until said note is fully paid, except that, if n98 sooner paid, thin final /
<br />payment of priori sal and continuing al
<br />according to the terms
<br />and in
<br />e rrrt inlla,oreissu �)`rrjcC,t� g b;e on late ie« ithoexecuted by the said Mortgagor..
<br />August, 2005 ;all
<br />The Mortgagor further agrees:
<br />1. He /she will pay the indebtedness, as herembefore, provided. Privilege is reserved to
<br />tame, without premium or fee, the entire indebtedness ,any
<br />installment, or one hundred dollar; Y Part thereof not less than the arprae of one
<br />date received pig ($100.00), whichever is less. Prepayment in full than be credited on the
<br />next followin ins Prepayment, other than on an installment due date, need not be credited until the
<br />t; liniment due date or thirty days after such prepayment, whichever is earlier.
<br />2. Together with, and in addition to, the monthly
<br />the terms of the note secured hereby Payments of princjpa! and intr:rest payable under
<br />trust hereinafter stated) on the first day of each month ortgaide' as tis st(.e (under the terms of this
<br />(a) A sum equal to the ground rents, if any, next due, plus the• premiums that paid:
<br />next become due
<br />and payable on policies of fire and other hazard insurance covering the moil
<br />Plus taxes aril assessments next due he the• mortgaged insurance
<br />property
<br />gagee. and of %.h)ck the Mort r property (all as estimated b� the Mort
<br />the numlx>r of months to elaPse t),I' IS tlonee�monitl all sums already
<br />Prior to the date when paid the n such for do aded by
<br />premiums, taxes and assessments ,rill become delinquent, such sums to be held by Mortgagee
<br />in trust to pzap said ground rent,, promiurns, taxes and special assessments. gr Mond rents,
<br />f?a! The a� S gee
<br />gregatr of the amount;; payable• pursuant to subparagraph � P
<br />note secured her'el„ shall be paid in a sin >le ,• - P ( )and those payable on the
<br />rng items in the order stated : 1 d! ment each month, to be applied to the folio,._
<br />tr) ground rents. taxes, assessrr,ents, fire and other hazard insurance premiums;
<br />(ta} interestonthenotesecured hereby: arid
<br />(atI! amortization of the pr•iucipal of said note.
<br />Any deftcierj <'S in the amotutt of ally such aggregztte• mor,thiv payment shalt, unless made
<br />by the ;Mortgagor prior to the (lie date of the next such payment- cr,ns
<br />under this mort good
<br />gage. At Rortgagee'.: option. iortgagor' will pay a "late charge' "
<br />not exceeds
<br />ing four per c«.•ntum t•I's } of any installment ,r}rr•n Laid more than title.
<br />dui date thereof to coyer tha extra - .•xpeuse inyolye(1 in handling delinquent. payments, after t h
<br />"late charge° shall not be payat,le nut of the proceeds of any sale made to Sall fy thesind hted�
<br />Hess sec'tn'c'd he ruby, ink 5s such proceeds are suffiicient to disz harge' tho entire indebtedness fy thidebted
<br />all proper costs and eXPe.nses secured thereby.
<br />3. If the total of the payments made by the Mortgagor under (a) of o
<br />exceed the amount of payments actually made by the Paragraph
<br />assessments or insurance premiums, as the case may be, such excess shall be, credited by the ,tax taxes and
<br />3 Mortgagee, as trustee• for ground rents, taxes and
<br />shall subsequent payments to be made by the Mortgagor for such items or, at Mortgagees option, as trustee,
<br />shall be refunded t[,Mortgagor. 1f, however, such month!
<br />items when the same shall become due and y Payments shall not be sufficient to
<br />trustee, any amount necessary to make up the eh ieneyew�ith the n Mortgagor hirty (30 shall Pay such
<br />the Mortgagee Pap to the Mortgage_., as
<br />g gee stating the amount of the deficiency, which notice may let!) days after wa ittcn nut.ice from
<br />the Mortgagor full Pa shall tender a the Martgagee, in accordance witty the lrruvisioras of the note any secured
<br />hereby, full given by .nail. If of any time
<br />Payment of the entire in represented thereby, the Mortgagee, as trustee, shall,
<br />c computing the amount of such indebtedness, credit to the. account of the Mortgagor any credit balance
<br />accumulated under the provisions of (¢) of
<br />of the provisions of this mortgage resulting in a public sale of the premises covered hereby, or if the
<br />paragraph 2 hereof. If there shall be a default under any
<br />Mortgagee acquires the property otherwise after default, the Mortgagee. as trust a shall apply, at the
<br />time of the commencement of such proceedings, or at the time the property r otherwise
<br />amount then remaining to credit the Mortgagor under (¢) of Paragraph
<br />interest accrued and unpaid and the balance to the principal then remaining r Preceding' a credit toon the
<br />1. 'line lien of this instrument shall remain in full force and effect during any p �tp()ncnaent Or exte
<br />sion of the time of payment of the indebtedness or an v nart thereof secured hereby. n-
<br />3• He /she will pay all
<br />municipal charges, ground rots, taxes. assestnaerits, water rates, and other
<br />fine^s, or impositions, levied upon said Premises and that he goverrtmeratal or
<br />upon this mortgage, or the debt /she will (ray ran] taxes levied
<br />be levied u secured ag lkaerehe together with any uC}aer taxes or assessrnent< which the laws e , Nebraska whenst. the Mortgagee, or the le =gal holder of Najd pnnc•r .
<br />coa.ant. of thisandebtwdras, except when as may
<br />ref F f Ytnent for ail such rtersarN ha" 0-- tofe.rr+• Ik�en oladt• under tc
<br />h i hereof, and he /Nhe will promptly deliver the cjfi .jai rec4,j ,u
<br />default thereof lirelortge• niay Pay Llaa^ Nrae
<br />1 ttaere finis to the k1ortgagve In
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