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<br />~"~ 5. The Mortgagor will pay all taxes which may be levied upon the Mortgagee's interest in said. real estateand
<br />- improvements, and which may be levied upon this mortgage or the debt secured hereby (but only to the extent that
<br />such is nofprohibited by law and only do the extent that such will not make this loan usurious), but excluding arty
<br />P- income .tax, State azrederal, imposed on Mortgagee, and wi11 file the official receipt showing: such: payment with
<br />~. the Mortgagee. Upon Violation of Phis undertaking; or if the Mortgagor is prohibited by any law now arhereafter.
<br />existing from payingthe-whole or any portion of the aforesaid taxes, or upon the rendering ofany court decree
<br />prohibiting: the :Qaymentby'the Mortgagor or any such [axes; or if such law or decree provides that any amount so:
<br />paid by the Mortgagor shall be- credited on the mortgage debt, the Mortgagee shall have the right [o give ninety
<br />days' written notice to the owner of the mortgaged premises, requiring the payment of the mortgage. debt. If such
<br />notice begiven,the saiddebt shall become due, payable and collectible aS the expiration of said ninety days:
<br />6. That should hefail to pay any sum ar keep any covenant proeided Eor in this Mortgage,thenthe Mortga-
<br />gee,af its option, may pay or peifarmthe same, and all expenditures so made shall be added tothe principal sum
<br />owing. ontfie above note, shaft be; secured hereby, and shall bear interest at the rate set forth inthe said note..
<br />until paid. '
<br />~`'~ r. That fie hereby assigns, transfers and sets over to the Mortgagee, to be applied towardthe payment of the
<br />note and: all sums secured hereby in case of a default in the performance of any of the terms and conditians of this
<br />Morlgageorthe said note, alt the rents, revenues and income Yo be derived from the mortgaged premises doting
<br />such time as the mortgage indebtedness shall remain unpaid; and the Mortgageeshall have power. to appoint any
<br />agent oz agents iY may desire for the purpose of repairing said premises and of renting the same and collecting the
<br />rents, revenues andincome, and it may pay out ofsaid incomes all expenses of repairing saidpremises andnec-
<br />essarycommissions and expenses incurred in renting and managingthe same and ofcollectingcentals therefrom;
<br />ifiebalance remaining, if any, to be applied towaxdthe dischargeoE said mortgage indebtedness.
<br />8. That he will keep the: improvements now existing or lieceafter erected on the mortgaged property,-insured as
<br />maybexequired from time to timeby [he Mortgagee against loss by {ire. and other hazard s, casualties and con tin-
<br />geneiesinsuchamounts andfor such periods as may be required by. the Mortgagee and wili'.paypromptly,.wher.
<br />due,.any: premiums on such.insurarrce. provisionfor payment of which has not been made hereinbefoie: Al!insur-
<br />anreshall..becarried in companies approvedbytheMartgageeandfhepolicies and renewalstfiereo[ shall 6e held
<br />byihe Mortgagee and haveattachedtheretaloss payable>clauses tmfavbr of and in form acceptable[o [he Mod-
<br />gagee: In eventof loss Mortgagoiwillgive immediate notice by mail to. the Mortgagee; who may make proof of loss
<br />if notmade'-promptlyby Mortgagor,.and each insurance company concerned. is hereby auth~zized and. directed to
<br />makepaymentfor such lossdirectly [othe Mortgagee instead of'to the Mortga..gorandthe_Mortgageejointly, and [he
<br />insurnceproceeds, or any part thereof„may be applied by lheMottgageeat its. option either tot}ie reductionof
<br />theindebiedness herebysecuzedor.[otherestoration or repair bfthepropetty damaged: In event of foreclosure-o(
<br />this mortgage or othertransfei of title. to [he mortgaged property in'extitigvishmenLoC the indebtedness secured'
<br />hereby, allkighY2itle andinterest of the Mortgagorin and toany insurance policies then. in: forceshallpassto:[he
<br />purchaseror'gtantee:
<br />`~~ 9. That as additional and collateral security .for the payment of{he note described, and all sums to cecome
<br />'dueunder this mortgage,-the.Mortgagor herebyassignsto the Mortgagee aliprofi[srevenues, royalties; rightsand
<br />benefits accruing lolfieMor[gagorundei anyand all ail and gas. leases. on said premises, with the tight to receive
<br />andreceiplEor the sameand-.applythem to said indebtedness aswell befote as after defaultin the canditionsof
<br />thismortgage,-andthe Mortgagee may demand, sue for and zecoverany suchpaymentswhen due andpayabie,but
<br />shat{not berequited so. to do. Thisassignmedt is to terminate. andbecomenull and voiduponzelease of this
<br />mortgage. ,
<br />IO_ That ,the: 4loitgagor. willkeep ihebuildings. upon: said premises in. good .repair, and neither cornnrit nor per
<br />mitwaste upon said. land, norsufferthe said'premses.C -used fa ~y.unla r~!:^urpas...
<br />ii. That Sf-the premises>or any pact;hereaf, be condemned under the powerofreminentdomain;. or acquired'-for
<br />apublic use„thedamages awaided,3he proceeds for .the taking of, vr. [he considers lion for such acqu is itian,tot:re
<br />extent of the full amount of indebtedness upon this mortgage and the note-which it is given to secure remarning un-
<br />paid;-.are hereby assignedbythe. Mortgagoito thehiortgagee,and shall be paidforthwithto saidAlortgageetobe
<br />applied. by the9aiter on".account oEthe nett matutinginstallments of suchindebtedness.
<br />12. The Morlgagorfurther agrzes thafahould[his mortgage'andthe note secmredhereby not be .eligible form-
<br />sucance underlhe National Housing Act wiihih5 nonths - from the date }iereoE (written-statement of any officer
<br />ofthe.Depaztmenhof HousingandUrban Developmentor authorized..agentof theSecretary of Housing and Uihan
<br />DevelopmenPdatedsubsequent to t}ie 6 t:,enah3. time from-the dafeafthismortgage,declining toinsuresaid
<br />note and thrs mortgage; being deemed .conclusive p{oof of such-ineligibility); theMortgageeor holder of the note
<br />may, at itsoptioa,.declareall sums secured hereby immediately dueandpayable.
<br />13: Thatif the Aioagagar fails to make:any payments of money when thesame become due,or (nits to conform
<br />- to and-comply withany of [hecbndiLioris ai agreements contained in this mortgage, or the notewhich it secures,
<br />thenthe;entire principal sum and accruedinterestsliall at orice become due andpayabie, at theelection o[ Ghe
<br />&tortgagee; and [hismortgage may tkereuporibeforeclosed immediately for the whole-of said money, interest,. monthly.
<br />4 payments, costs, groundrents taxesandthecost of..extending the abstract of titiefromthedateoE this itian to the
<br />timevf cammeni::ing suchforeclosute suit;and. a reasonable :attorney's (ee;. all of which shalLbe included im the
<br />decreeof foreclosure;and thecontractembodiedin this mortgage, and the ncte secured hereby, shall in alt respects
<br />be governed; construed and adjudged bp,the laws of Nebraska,: where the-same is made.
<br />The covenantshezein contained shallbnd, and,the benefitsand advantages shallir.ure to,the.respectivcheirs,
<br />executors, administrators, successars and assigns of the parties,fierefo. Wherever used, the singular number shill
<br />include the plural, the pleral the singular; andthe use bf any. gender shall be applicable to all. genders.
<br />The foregoing conditions, all and singular, being performed according to their natural and legal import, this
<br />conveymnce sBeall bevaid and said premises released at the expense oCthe Mortgagor; otherwise tobc audremain
<br />infull-force and effect.
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