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<br />I <br /> <br />~4f~E ..Q9~9r'~~lhe sam~ lIllt<> th" ~lnl'tj{"\:"" 'IS 1t~1"'''1 1"0\ id"", ~!')rtgagor l'ell",>,,"t" ['" <br />3nd c/ln:llants with, tilt' ~lortgagn'. that tilt. _\Iortg'H,Ilnl" has g'ood rlg-!Jt to ~dl and (;onvcy said pn:Il1i.."K'S; <br />that tht.~y arc free from t'11('llmbl'anct~. l'Xl."('pt as ht'reill')thl?n\-;....;{' rl'citt.'d; that tlll~ ~fortgagor will Wal'l"n.flt <br />and dl:'(l.'t~d th..~ same against tht.' L1\\ 1111 dairn.-.; or ajl !lI'!'-;Ol1S WhOn1SfH.-'Vt.'f. )Iortg-agor hereby relinfluishes <br />all ,~O,~~.,*,stcad, illI ma,.,["II'I~"ts, "It II,,!, :11 la'" 'II' in "'1Il.t.", and all uthcr cuntiiigQ"t illtl'I'csts "I' <br />the :'Iortgagor in and to the abo\e-dcs(:I'ibcd l>rl'mises, <br />PRoVIDED ALWAYS, and these presents are executed and delIvered upon the following conditions, to <br />wit: <br /> <br />FnCH <br /> <br />Mortgagor agrees to pay to ~,,!,"".rt!J~tr'! rQ,r order, the ~r!Mlid principal sua with <br />intare.t frOll dat:.e at tht! rate of !t." .In,..... J ii~t.~; aWff!'ft!e -dO. 30.) per annua for p.ay_ <br />_nts 1 through 35 and th4r.after at the rate or- pereent per annum on the un- <br />paid bal~nce unti~ p~id: The said p~incipal ~~~ .~n~~rest shall be payable at the office of <br />Tower, inRncial. lT1C. in LlnC'01n, ,.€ lc!$i'\d , or at such other place <br />as the holder of the n'l~c~l\14~~a~e!<~ ~;.~~n'1i~1<fY'fM or "'i~ed to the Mortge9or. in <br />lIIOnthly installallent. at Dollar. ($ 44'1.91 ), c~ncinq on <br />the first day of A~H'ust , 1~'}4 , and continuinq on the fir.t da-y ot each month there- <br />Hl.l,;t~~r;-:;i~yt~fi.-i<~e ~?JFMel~rly scheduled monthly in.tall..nes and eher..fter <br />, Dollars ($ 4!,,,, ,,) ) on the first natl day ot each month begirininJuly <br />I'll7 , until add note ia tully paid. except that, if not sooner paWl th'"26t'l.al paYMnt of <br />principal and inter.st shall be due and payable on the first day ofJU y, all <br />aceordinq to the terma ot 4 certain proaisaory note ot even date herewith executed by the <br />said Mortg'a90C_ <br />The Mortgagor fu,.ther agrees: <br /> <br />1. He will pay the indebtedness, as hereinbefol'!! provided, Privilege is reserved to p~paY at'l!J1Y <br />time. without premium 01' fee, the cntil'!! indebtedness 01' any part thereof notlesatblUltbe~lIlltofQ'ne <br />installment. or one hundred dollars {SlOO,OO). whiebever is less, Prepayment in fuUsbal1lHi'i~;on; <br />the date received_ Partial prepJlyment, other than on an installment due datetneedllotll!t,~'4DtiI;F; <br />the next following installment due date or thirty days after such prepaY;nJellt,whichi!Wr'......;,', ' , <br /> <br />2. Topther with, and in addition to. .he monthly paymenta of principal ud iJiw <br />the terms of the note secured hereby, Mort",..gor will pay to Mortgawee.aatrilatee;(W1d~..\ <br />trt15t as hereinaftEr stated) on the tl1'5t day of elIcl1 month until said note is .t-Jlly paid.; <br />(a.) A sum equal to the ground rents ,f any, next due. plus the premiums.th.atwi1L <br />and payable on policies of fir" and other haurd lnsuran(!j; coverinC;~e; lDP.- <br />plus taxes and assessments next due on the mOl'tgagedproperty (all as est <br />ga~. ami of which the Mortaagor is notitled) JeJI'S all sumaalrudy paid; <br />the number of monthll to "lapse beforeolll:monthpriort9i;!1Ji <br />premiums. taxes and assessments will become deliilq,,~t,;1li,c <br />in trust to pay said around rent.!. premiums, ta.'Celund,lI~~; <br />(0) The aurePte of the amount.! payable ptH'suant to subpal'~p1t <br />not<!! secured hel'eby, shall be paId In a sinrle paymente-..:lllllontb>' <br />mr items in the order stated: ' <br />(l) ground rent.!. taxes. assessments. fire and otherhuarliJullr.n <br />(1I) intcr"st on the note securc<i heroby: and <br />(Ull ,uno,-tization of the principal of said nQte, <br />Any d~fiei-eney in the ammtut of any su,cn aGrera1e m(ui:-dtly:,pa~~, <br />by the )101't1l'1\1(01' pdo!" to the dUll date ot the nelCt such P"Y\M <br />under this mortpjfe_ At MortrJlll~'S op~jon, )tll1if!l"~!'i <br />inr fou l' poll' centum (I;i) of an)!' installment i\'henPald <br />due date theroof to cover the: extra -e~Pt:n,jeJfi\~i.l:r <br />"late <:harp" shall not be. payableout.ofthClPi'~.ilf!Il'g:tX <br />neM se<:u red hllrf)by, unlesasuch PI'QCe..'41 are sulll!:ie!lt.to..d' ' . <br />all proper coata and expell$ll secut'oo thllreby. ' <br /> <br />3. If the toW of the paymeJIts made by ~l\ft)~\l!llitir(;(~)! <br />exceed the amount of payments actually JJIlIde.by tbeMOJ'tP~....,i <br />_ts or in.surance premiulIII, as. the ~maYbe, suc:bel(~, <br />on IUt.8quent payments to be made by the MorlcalDr for.$Ueh;i~i)l..}!\ti <br />shall be refunded to Mort,pCQr. If. hoWever, suchrnontltly PlIt~.".ta.;aIIa. <br />itema when the same shall become due and payable. tneJI tne M;~9r,' <br />truate.e. any amount necessary to make up thll defieiency witb;in. thirty (30)dai" <br />the Mort..... st.atinc t.h.e amount of the deficiency, whichnQtke Ol<l\ybe &i:V"" <br />the MortpCQr In.ll tender tQ the Mortppe. in accordance with. the pl'tl:',r.la.i <br />hereby, fullpa)'JJleJlt Qf the entire indebtedness represented thereby; the <br />in COOlPUUncthe amount of I\Ich indebtedn.., ^'nl4itto the~unto~~; <br />al:CUI!luUt,ted under the. promiona of (a) of ~ph 2~i l:ttlU!I,'.. <br />of the j)rorialona of thia mort.... reaultm, in a pubUc sale ofth.~i.. <br />Mortpee acquirea the p.rolMl~ otbef'1WYe after default. tne MoI'tJII...,.... <br />tlJMof the Cllll\lMD.cement of 'such procMdinp, or at. t/li!time~, <br />~t then nti'8&lmnc to aedltthe Mo~ u,"* (lJ)ot~~ <br />inktftit~..ad \lnpaid and the balance to the prlnei~ tb...~~i";lIn <br /> <br />4. n.. tjeno~thialllAr\llllent ,hall. ~~n .in fllU torce.and.ifAlctliuriJ.'!.1N!YJIOI~~.C!t;~1I4..< <br />siQn of the time of payment Qf the tndebtednesa or any part tlttreofM<i!u.red.bmIly, <br /> <br />5. He will pay an .(I'tlUnd renl4. tHe$, as.easmenta. water ra_, and othlll' lfOve,rnmenW Qr mllmci~ <br />pai e~l. lirulJ, or llllpO.tltioM. lllvlt!d upon said prem.isellllJld th;\the, will pay all talrelltevllld upon tbl. <br />!!lOT......, or tnI! debt seellted thereby, tQI.tIl.u' wHh lIJlY othel' tuea or a.uesamentll whidl mv ~ t."ied <br />IImkt till! IllWS ot Nebruka alf.IMt the MQ\'I,lt,e<l, or th,ll lepl hQldf!,r 01 said principal 0010:1, onacCOWlt Qf <br />tills indi!i;tl!dnfl"', UC.lIpt when paynw>nt fer alllllllh itllllll! hM theretofn1'1! bftn mad" under (4) ofpat'll- <br />Il'llpli 2 huwr. and Ill! will promptly ,ll!Ii"er lhe olflcilll NlC..iptll thefilfor to the Mortpgee. In default <br />thliroo! tn. Mo,.tllq.... may paJllil.UarM. <br /> <br />