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MORTGAGE 004818 <br />Gregory D, Mehring and Marla Mehring, <br />iy,„i"Oberedh,t.,kwohm,, Husband and Wife as Joint Tenants with <br />Mortgagor farther convenants and agrees, with Mortgagee, as follows: <br />1. fyaNet. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note. <br />I Title. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property, and <br />warn sts dW the lion created hereby is a first and prior lien on the Property, except as may otherwise be set forth herein. <br />V The Property ia'subject too Mortgage wherein says & Lcan <br />is the Moetgape, accorded c o `,X TOW * 46 _. of the Mortgage Records of _. Hail County, <br />Neftweka, which Mortgage Is alien prior to the lien created hereby. <br />❑ Other prior lhm or encumbrances: <br />& Taus, Asmosavats. To pay when due all taxes, special assessments end all other charges against the Property <br />AK spon wft n demMd by Mortgyee, to add to the payments required under the Note secured hereby, such amount sa <br />MV ba wNlderat to enable the Mortill" to pay such taxM assessments or other charges of they become due. <br />4. lneorwha . To keep the Improvements now or hereafter located on the real estate described herein insured <br />adlhst doMp by fire and each other hazards as Mortgages may require, in amounts and with compenks acceptable to the <br />'111leMppe; aed wfth loss payable to the Mortppee. in can of lass under such policies the Mortgagee Is outhorlaed to <br />ate, `eoreet and comaproddse, in its discretion, all claims thereunder at its sole option, authorized to either apply the <br />peiaeeeia to Lie aieteaatlom of the Property or upon the indebtedness secured hereby, but payments hereunder shall con - <br />Ilnaa paw tie stale eecaeed: t erel y ace paid In full. <br />fi. Q iessrtw rer Tames and 4rsasansw Notwithstanding anything contained in paragraphs 3 and 4 hereof to the <br />eertaalry Moet/ager butt pay to Use Mortgagee at the time of paying the monthly Installments of principal and Interest, <br />of the yearly mss. s mmonests, hoed lonsons ee premiums, and ground rents (if any) which may attain a <br />00V ilrar.YMs'llmetpps, all ss Y estiarad ham dow to time by the Mortgagee. The amounts so paid shall be <br />fla�d Yp fiw 11ilJir 44mont iota and applied to tM payment of the items in respect to which such amotmts were <br />i•rrrg,l.ljl�l.i,,a��E 'i`lre suwl' paid to Mortofee bem*dK are ptridgad as additie .al security for the indebtedness secured by" <br />,ilioetga�oealsaB pay to 1l61rtpgle the aatowt of sky de}lelency between the actual tax^ assessments, Insurance <br />L and Vw4sad m* ad the deposits hereunder within 10 days after demand is made upon Mortgagor requesting <br />i Repair. Mehlsommee said rise. To promptly repair, restore or rebuild any buildings or improvements now or <br />basafl it on Use hgssrty; to keep this Property in good condition and repair, without waste, and fm from mechanic's or <br />otlwrhats not expreedy aubaramned to the fin hereof. not to make, suffer or permit any nuisance to exist. nor to dimin• <br />ish or hnpoit the vale* of the Property by arty act or omission to act; and to comply with all requirements of law with <br />renpeatto the property. <br />