<br />
<br />~ become delinquent, without notice or demand and shall ~rovlc~.
<br />Mortgagees with evidence of ~- a ~~ ~ ~
<br />i t..e p yrn~. t o~ same. xo tgago wail.
<br />pay all taxes and assessments which may be levied upon ort gees'
<br />interrest herein or upon the :tortgage or the debt secu,,.«.,. ,;~:, by
<br />without regard to any law that may be enacted imposing .ay; :t or:
<br />,the whole or any part thereof upon the i"lortgagees.
<br />r
<br />~' 3. INSLBANCE A.~TD SEPAIRS, "`:ortgagor shah niain::,.i ; ::
<br />and exten a coverage znsuranee insuring the- iaiprovec,a:;t„ ~.;ia~
<br />' buildings ecnstituting part of the Propert f r ar. c~
<br />y o arnou.:t -^;,al
<br />to the actual cash value of such improvements, excluszv~ c,~ =ounda~
<br />7 Lions, but in no evert for an ~n~ount less than the ar~u _ ~' the ~
<br />~ unpaid principal b~~h~a-.tuate. Such insurance ~ ~, ~~Les
<br />~! s'Fia contain a stands°d mortgage clause in favor of o ;<:es I
<br />~~ and shall not be cancalabla, terrainable ar rnodifiab~e w ti4~i:t
<br />1` ten (it7) day tJritter, notice ~o :iortgageas. fart~;agor mil I
<br />f4 promptly repair, maintain a.^.d replace the Property or a. v r,,>rt II
<br />F~hereof so that, execpt for ordinary wear and tear, tr~c ~~:ocrty
<br />~i shall not deteriorate, in no event shall the Mortgagor commit wash
<br />it on or to the Progerty.
<br />~~ 4. lCPc~G~t1PHICI;L C::r1~G.?S. ~:crtgagor agrees that ha will act'
<br />'jievel the ana or ma e any other major topographical ehar,ges there
<br />f~on wit..out the express written consent of the Mortgagees.
<br />{~ S. t~PTIO~i~1L ABV~~;CES. If the insurance required above is
<br />rot prompt y er eete or it the taxes or special rise sments le- ~
<br />~~vied and assessed, against t:te Property shall become del rgii at;
<br />~~Mortgagees (whether sleeting to declare the whole mart&.~,,~: ,,4a and
<br />:~ collectible or not) , ..;.ay, but reed not, effect such ins~:r.;,.c;~ , a
<br />~Ieffect such repairs, pay such taxis and special assesu-,.~~:xis a;d
<br />{aZl such payc;,ants with interest th4reon at the hiP,hesL ~~_; x.~..
<br />;~
<br />~~ applicable to a natural person, from Lima of payment si.as_:. ;'ue. a
<br />~;~~er. against the Proparty.
<br />i
<br />l~ b. ACCgLE:~ATIQiv 8\~ RECEIV"~PiS IP. ~ ~
<br />is. (L) CiL?i iii i- :.~ 7u I
<br />€made in t a8 payment t)T the iota, or any g.?rt Of t.i~' zr a_C,i ~ Z ~, t~~~-i^~,a
<br />jon, or any other advance or oblz;ation which may b.. w~.c~~a~.,: ,,.,,,~:by,,
<br />~lsueh as taxes, special assessrnants, insurance and regair~_, c;z: -°'~
<br />(2) .YOZtgagor shall suffer or cot.:uit waste on or ~o~.~ ,- v,
<br />~~or if (3) Mortgagor shall sell, convey, contract to Sc1 -~t
<br />~~any option to purchase the Progeny or any part t..4.;eo., a.rz~„~,,.~
<br />+the express writter. consent of the ~.ortgapeas, or if ( ) -x
<br />shall be a failure to comply with any and every cond;,t ,.
<br />:Mortgage, then, at the option of the yortgagees, ,. ~.,,
<br />whole of the indebtedness secured by t,~es~ ?~ortgaf c~ y
<br />all payments for taxes, assessr~ ,zts, °:ep~.zrs, o~ ~7 ,,.- ~„i.,,,
<br />j]shall become due and shall btreo..~. coll~.ct2blc ==c „},::~ ,;;-~~ ,_".~~z~
<br />q~or otherwise after sucz: dafaulG or iailura, anti e~-ic?.;;;c,: ;; . _.. __ c.i'
<br />`~sueh default. nt any time alter tt:c cc ,:rienci;..~er.t o~:
<br />f~foreclosure, or during the pe ad ox reder.~ption, ~; ~ ~~.~ _ .. +...
<br />3; , 4
<br />`i811.a1Z have the rlg~,lt to aaVe "~ rE:CcIVi?r <ip=eGlitte~ii4~a"a •.•..:.;~.~~-..,,.,,';,i•;u1b'i,.~:.
<br />,~possessior. of the Property and of the :°ents a.~d ~ra:.it,: -
<br />`'therefrom, and to teat or cultivate thv sac,,;: as Lire "cc~eiv~~;~~<,y
<br />~ldeem best for the interest of all aarties concerned.
<br />~~ 7 ASiS~Et:~~~3~5. 3'hc : Yrrn "~:ort -a or" and "c~=or,~ ~~v„
<br />as used here2n'~e~ '" ; `i c uses succassor> i;~ ~ntcrest. 'xh~.s j c.
<br />shall be eons trued ir. accoraancc with the laws of eho ~ '•
<br />~ebras~ca. The m~sturity date of the :data is uanua ~ , i
<br />~pa;ty signatory to this i`iortg~age hereby releases w.lvt ~„
<br />1zniluas~.s any dower, homestead, or statutory int.~rest ~t
<br />Property rxr any part thereof and waives, to tho e~:te£zt ~ u ,."rvu '.,,~
<br />Imw, any rights of redemption in or as to the Proge~rc-y,
<br />x
<br />r-,,,.,..~.. M .
<br />
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