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Lot One (1), Union Square Subdivision, in the City of Grand Island, Hall County. Nebraska. Now known as: Lots One (1) and Two (2). Union Square Second Subdivision in the City of Grand Island, Nebraska Taptier with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and sppmtenmorr located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and reawiudeas thereof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the imp [ovements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the Tien of this Mortgage and all of the foregoing being referred to herein ac the N.f. Mortgagor further convenants and agrees, with Mortgagee, as follows: 1. Nyment. To pay the indebtedness and the interest thereoia as proviced in this Mortgage and the Note. 2. Title. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property, and that the lien created hereby is a first and prior lien on the Property, except as may otherwise be set forth herein. k3 The Property is subject to a Mortgage wherein is the Morttlape, reeorded at Hoot , Page of the Mortgage Records of County. Nebmita, which Mort~ is a lien prior to the lien created hereby. 0 Other prior limn or encumbrances: & Tastes. Aaesamsele. To pay when due all taxes, special assessments and all other charges against the Property a* tipoa weittks deeard by Mortgagee, to add to the payments required under the Note secured hereby, such amount ac may be atfOt�Aft to enable the Mortgagee to pay such taus, assessments or other charges as they become due. 1 Inn mees. To keep the improvements now or hereafter located on the real estate described herein insured sphnt demep by An and stick other hazards as Iortgagee may require, in amounts and with companies acceptable to the Is, Is— and vi ft lain parable to the Mortppe. In twee of Was under such policies the Nortpape is authorized to anion. aeieet and eowpmorise, in Its discretion. all rimer thereunder at its sole option, authorisedto either applythe psaebsds to the restoration of the Property or upon the indebtedness secured hereby, but payments hereunder shall ow- do" emu the saes saetired hereby are paid in hue. ii, O Itsawsr for Tara and Innocence. Notwithstanding anything contained in paragraphs 3 and ! hereof to the eaafrae3 bfarlppr" par go the 11 does at the that of paying the monthly intslimeats of principal and iaterest, M I RAft Of the ya�dy tames, aasaeaaeeI board iatitanoe premium. and growtd tents (it any) which may attain a 11141181114V OW 610 101 1041 cep a nooiabip esdoseled from time to tine by the Mortp pe. The anxnmid so paid doll be Wd by d w NwtpW erdbv*' hhendat and appYed to the payment of the item in respect to which rich amounts were L pas%viL 'i!e vmm phld to ltottppde iiAmmader ae pledged as additional security for the indebtedness w lids seced by lisrysp• aladlpW" pay to mat"" the amount of area "Macy between the actual tares. mmewats, insurance pdnmiana'and paned ernes and the depodts teretnder within 10 days after demand a made upon Mortgagor requesting paj m I tnereoL IL Kopek, lhiaimance ad Use. To promptly repair, restore or rebuild any buildings or improvements now or bers0flar on the froparty; to keep the Property in pod condition and repair, without waste, and free from mechank's or gum Yens mat expressly subordlaided to the tien hereof; not to make, suffer or permit any nuisance to exist, nor to dimin- Idt or Impair the value of tie Property by guy act or ortsdom to act; and to comply with all requirements of law with reepmer to the Property. R