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~` <br /> <br />s3rall be-used by Mortgagor to repair or replace the-loss or <br />damage and: to plaoe any improvements to which such loss or damage <br />occurred in the sires condition as it was prior to such loss., or <br />if 1Kartgagor does not so repair or replace such loss or damage, <br />sas3 insurance proceeds shall he paid to the Mortgagee and <br />applied by the h',ortgagee on the unpaid principal and interest <br />balance of the Promissory ?deals secured by this Mortgage. <br />G. Taxes. <br />fihe Mortgagor shall pay when due all taxes, assessments and <br />other charges of crhatever type or nature which may be assessed <br />against the Mortgaged Property or any part thereof or upon the <br />interest of the Ntortgagee in the Mortgaged Property. <br />H. Fayment of Frir:cipal and Interest. <br />Mortgagor hereby guarantees that 47eathercraft Company of <br />Grand Island will duly and punctually pay or cause to be paid <br />the principal of and interest on the Promissory Note at the <br />dates, places and in the manner provided in the Promissory Note, <br />according to the terms thereof, and k;ortgagar further warrants <br />than. it will do an and all acts necessary anal appropriate to <br />insare that ~ieathercraft Company of Grand Taland will duly and <br />p~:nctually pay or cause to be paid., the principal of and the <br />.merest on the Promissory Note. at the dates, places and in the. <br />:~arr~er provided in the Prer..issory Note according. to the. terms: <br />thereof. <br />I. Recordation: of tlortgage. <br />f~ortgagor ~arill prorngtly execute, file and record this <br />Nkortgage in all appropriate counties with the Register of deeds, <br />.~ <br /> <br />s <br />~,~ <br />