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83-oU5670 the property otherv.ise after default, the Mortgagee shall apply, at the time of the commencement of such proceedings, or at the time the property is otherwise acquired, the amount then remaining to credit of Mortgagor under (a) of paragraph 2 preceding, as a credit on the interest accured and unpaid and the balance to the principal then remaining unpaid on said note. 4, The lien of this instrument shall remain in full force and effect during any postponement or exten- sion of the time of payment of the indehtedness or any part thereof secured hereby. 5. He will pay all ground rents, taxes, lISSessments, water rates, and other governmental or municipal charges, fines, or impositions, levied upon said premises and that he will pay all taxes levied upon this mortgage, or the debt sc<:ured thereby, together with any other t.axes or assessments which may be levied under the Isws of NebrlUlka against the Mortgagee, or the legal holder of said principal note. on account of thia indebtedness, except when payment for all such items has t.heret<lfore been made under (a) of para- graph 2 hereof, and he will promptly deliver the official receipts therefor to the Mortgagee. In default thereof the Mortgagee may pay the same. 6. If he fails to pay any sum or keep any covenant provided for in this Mortgage, the Mortgagee, at its option, may payor perform the same, and all expenditures so made shall be added to the principal sum owing on the above note, shall be secured hereby, and shall bear interest at the rate provided for in the principal indebtedness until paid. 7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes for the sum or sums advanced by Mortgagee for the alteration, modernization or improvement made at the Mortgagor's request; or for maintenance of said premises. or for taxes or assessments against the same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured hereby on a parity with and /IS fully /IS if the advance evidenced thereby were included in the note first described above. Said supplemental note or nob's shall bear interest at the rate provided for in the principal indebt- ,~ness and shall \)(' payable in approximat"ly equal monthly payments for such period as may be agreed upon by the .Mortgagee and Mortgagor, Failing to agr;>e on the maturity. the whole of the sum or sums so advanced shall \)(' due and payable thirty (30) days after demand by the Mortgagee. In no event shall the maturity extend \)('yond the ultimate maturity of the note first described above. 8. He hereby aasigns, tran.sfers and sets over to the Mortgagee. to be applied toward the payment of the note and all sums secured hereby in cas<' of a default in the performance of any of th,> terms and con- ditiollS of this Mortgage or the said note. all the r,'nts, revenues and income to be derived from the mort- gag,>d premiseJl during such time as the mortjta&e indebtedm'88 shall remain unpaid; and the Mortgagee shall han power to appoint any agent or agents it may desire for the purpose of renting the same and ('oll.-eting the rents. re\'enUe8 and income. and it may payout of saId incomes all necessary commissions and expenses incurred in renting and managing the same and of collectin\( r;'ntals therefrom; the balance remaining. i .~gpliNl toward the discharge of said mOl'tl"l!(e lll<iebtedrwss, 9. lie , JIfl.l;U1tly maintain hazal'd Insuranct'. oi such tn'" UI' types and amounts as the Mort- gag("(' may f I _~~require~ Oft tJH~ nnprnvt'mt'nl':s now or h~~n~after on said prer.nist$. and pxcept when paym . il-remlutruI has Uwrptofort> {".""'pn madt' tinder t n} uf puraJ{raph 2 hereof. will pay promptly ",h.'n due any pn'fll1UmS th('!'('for, I'pon d..tault then'..f. !\IOl'lInl\(c" may pay the same. All insurallce shall be earl'l..o III compan"', approwd h\ th.. MOrlK"K'''' and U", polk,,'s and renewals thereof shall l... held hy the Mortpg....' and haV<' atUlched th..reto 10M payabl.. dauSl's in favor of and in fonn ac("(~ptabh.' to thf' Mort.gage('. in f>n'nt l}f Io,"'~ MrwlJraRor will j{IYP lOuw'::hatf' noO(","-, hy mail to the :Mort- gAK(>{'. \\'ho rna)' makt:~ proof of los...~ if not madr' pfl)fJlptly ill Mortgagor, and e-a\~h insurance conlpany t'otlCt'rne(! is ht:'n"'by authvrlu"ii and (hn'Clt.'d to make pa~'m{'nt f'.lf SUdl ios..~ direetly to the Mortgagee lns.t-t'ad of to thE' ~fDrtgatlOr and the Mortf,{a,R'('t~ jointly. and thf' lnsurn.n('t' pro('~,<~ds. or anv part thereof. may be appHPd by th~ Mnt1.gagN' at ;t~ ,-,ptlOH ;.ithf<f" k. tht' r~..iw.tiofl ;-,f thp indebt~dn(>s,s )tt:reby secured or to tht> fl~toratitln or ft.-pair .,f th.. prOpf'rty da.rHaj{t"d In en'nt ,}f f{ir{"1'i~)~Urf' lOf thl~ mortgage. or othe-r transfer af titlt:.~ to the mnrtR'aJ(l.>tl prnl_wrt.\" m !'xtinl!UI;ihnlt-"llt ,tf Hl(' indf'btf'dnt;~ss ~{l("urf"rl h('n~by. all right. title and lntf"rest lJf the Mortga.g(ll' In and to- any HlSUrUU-l'-t' poliCh'S nWll in foret> ~ha1i pass tH the purchaser or grsnte<', ill As additional and eoUah:-rai a.("{'unty (or thr rJJ\~~fni'nt {If the note- dt~s,--'ri[)('l:L and ail SUOts to bt,,<:ome due und{~r this mortga~. the MortPKor ht'Teby a.s..-'j.itltlS t.; tht:' ~1orlRaK~.t' aH It'a.s\~ bonuses, profits, reve- nut:'8.. roya.ltj(!.S~ fightg anti otht'r bt'lH~tlt.s 8,C\"fUlllJ{ to {flt' MurtRagor undt'r an)' lllld ail (it I and gas leases now. or during the life of this fl'lortJ,tagt'. ,'x(""('uted on s..airl pn'nU5."S, \\:ith ttw rlllht tt) rN:('ivp and receipt for the same .and apply tht'm to ~tud indt"l~tt-'{irw~s as wt'Ji ll("for.. as aft:),- dt'fault in Ow cond. itions of this mortgage, and the Mortpgei" ma.y d{.l.nl.ano, -Sth' tor and h,\'~_Jv,'r any ~ut'h paYflH'nts wh(.n flUf> Hnd payable. but shalln(.t be ""Iulred so to .10, Th" """lll'l"",'ut .s tn !..munah' and !)('WIllP null and void upon release of this mQrtpRe. 1 L Ht' shall not commIt nr p,'rll1it "S,h', and ,halllllalntain the 1.I!'of"'rty in as g{lod condition as at pn:~sent, !"t':a.sonable we-oAr a.nd t€'ar t'x.t~t'pti.'tL t 'prH! any fadun. to ....(1 rnaintaln, r.tortgaget"l at its. option, ma)~ cause- rt'ASOnable mainte-nant.'p work h, {}to r>t.'rfornlt~ at the t."O,'\t of ~{ortgag(}r" Any amounts paid tht!refor hy Mortgagee g.,h.-a.!! beAr int~r~st at thf' rat-€' Pj'"-(,,,-id€d fot HI the princirlai incidJtt'dness. shaH thereupon ~omt' Ii part of the indd,l<,<lrlt'ss "",,,ur..o by this inst rument. ratably and on a parity with all other indebtedn..ss secured herehy, and shall 0.. payable thirty I :10) ,lays aft(.1' demand, 12, He wiH not {.x.ecute or file of N""t,'-ord any instrument which impos.es .a re-strietion upon tht) sale or oeeupanC)~ of the property d-escrj~i hPrtlifl on tht~ basis of r8C(l, ('olor Of' ~rt;l€'d. 13-, If th:e premi5e$. or any part tiu-.n,<(d, bt~ t'tmde-fnnl-"{i uudf'r th-e powe-r of t:minent domain, ~)r acquired for Ii publk use, the damages a"a~ded. the pn>c.."ds for the taking of. 01' th" wn,ideration for such IlCquisition. U; the extent of the full "moll lit oi the remaining unpaid indebtedness 5....ul'"d by tlllS mort- ~, a.r.. hereby BMign..d to tll" Mortgag..." and shall be pa,d forthWIth to said Mortgag..>e, to be applied on A<<OUnt of the llUlt maturing installments of "ul'n indebtc.dness. 14. If the Mortgagor fails to mak,' any paynwnts whe" due. or tt) l'onform to and <,<,'mpl)' with any of the- conditions Qr agrt>e,nents cnntatrH'1..1 in this n\ortgag~. nr the not-e-s whi(~h \t tH.'{'un's,. IJr' if tht~ Mort- PlI\.r baadjudieaU>d bankrupt or made def..ndJl.llt If( .. bankruptcy "r rt",eiven<hip proce.>ding, then the tm-ti~ prH}e:)p.1tl sum and acerued lotf'r-t>-st s.hall at OO<:'(l bf:'{.-ome due and paya.ble, at tl1(~ t.h!l.'!h)1l of tho("' Mf\rt- ,.....,; and thi.t~ Ina)' thert,upon lx, f"redosed imme,liat.,ly fol' tlw whol,' of UIl' m<l,'hh'!lrwsR heNby .!IeCur...t. mcludint: IJw .._t of ,>xt.!nding' It\,. sbstrad of title from t1l<' dat" of tI,,~ lIlort!(ag(' to the ti_ of CODI.fJ1fll<:i~ auclIauit, a r'f'.-mabl" atoorneY'$ fN!. Ilud any sums paid by th.. V (.t,'ran" Administra- tion M .&<<ount fif th<t auilnUJt)' or insurane.. "I the indebtedoollS oocu~t'd "..reb)', nil of whkh shall llt' ~1Ided in tbtt decl'ell of fONelOllur..., 15. 'ntiellS Uflite4StatAlll Code, &nd the RtllrUlatiOlllll&Sued thereunder shall govern tile rights. dUli"" Iiad liabiliu. of Us. ~ "-",10, and a.n..v Vrovilll<HUI of this. or "ther instrument" eSl!Cutai Illl'Onn""UOfl with Mid iodeb~ whicll an i"""lllustenl ....itll wd Ti~ or Ri!I1llatiofls ar... 1"'.l"<'by amended and .u~t.ed woonfonn Ih.nto.