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78--~pll£~~~~ To Havi save To HotD the same unto the Mortgagee, as herein provided. Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor izas good right to sell and convey said premises; that they are free from encumbrance, except as hereinatherwise recited ;that the Mortgagor Es-i31 warrant and defend the lama against the lawful claims of all persons whomsoever. Mortgagor hereby relinquishes all rights of ha~ad_, ~l marital ri~h:s, either in law or in equity; and all other contingent interests of the Mortgagor in and to the above-desrrlbed premiers. 1'F.(~li ALtyAVS, and these presents are executed and delivered upon the foilowiag eanditions, tfD wit: iNlartgagor agrees to pay to the Mortgagee, ar o: der, the aforesaid principal sum with interest from date at the rate of nine and one half----per centum {o, g~©} r an u an {{rte unpaid balance until paid. The said principal and interest shall be payable at the office of F~rst ~e~eraS Savings and Loan Association of yincaLn in Linealn, irebraska , or at such other place as the balder of the note may designate in writing delivered or mailed to thellortgagar, in monthly installments of T6F0 Ill1NDRE13 FIFTY-TWO AND 2611t1o IIhallais E$ 2~2, 2b }, commencing on the first day of .Tanu?ry ,1~ 79 , aad continuing on the first day of each month thereafter until said Hate is fully paid, except that, if not sooner paid, the final payment af-principal and interest shall he due and payable on the first day of Dece~osr 2~J$ ;all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. The lliortgagar further agrees: 1. lie will pay the indebtedress, as hereinbefore gravided. Privilege is reserved to prepay at any time, without premium or fee, the entire indebtedness or any part thereof not less than the amount of oae installment, or one hundred dollars {$140.00}, whichever is less. Prepayment in full shall be medsted an the date received. Partial prepayment, other than on an installment due date, need not he credited until the next foIlowing installment due date or thirty days after such prepayment, whichever is earlier. 2. Together with, and in addition to, the monthly payments of principal and interest payable under the terms of the note secured hereby, Afortgagar will pay to Mortgagee, as trustee, (under the terms of this trust as hereinafter stated) on the first day of each month until said note is fully paid: (a) A sum equal to the ground rents, if any, next due, plus the premiums label will next became dne and payable an policies of fire and other hazard insurance covering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as estimated by the Marie gages, and of which the i4os•tgagor is notified) less all sums already paid therefor divid~l by the number of months to elapse before one month prior to the date when sneh groand ~s-:a, gremiur..~, waxes and assessments wilt become delinquent, such same to be held by 15fortgagee in trust to pay said ground rents, premiums, taxes and special assessments. {h} The aggregate of the amounts payable pursuant to subparagraAh (a} and .those payable on the . note secured hereby, shall be paid in a single payment each month, tc be applied tt> the fallaw- ingitems inthe order stated (t} ground rents, taxes, assessments, fire and ether hazard insurance premiums; (tt} interest an the note secured hereby ;and (itt} amortization of the principal of said Hate. Any deficiency in the amount of any such aggregate 3nonthly payment shall, unless made good by the :iAartgagar prior to the due date of the next such payment, carstitttte an event of defaalt under this mortgage. At Mortgagee's optian, ;ortgagor will pay a "late charge" not exceEd- ing four per centum (4 ~'~) of any installment when paid more than flfteea (15} days after the due date thereof to clever tl}e e? tea expense invatved in handling delinquent payments, butsar~- "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebted- ness secured hereby, unless such proceeds era sutitcient to discharge the entire indabtedstesa seed aIl proper casts and expenses secured thereby. 3. If the tots] of the payments made by the Mortgagor under (a} of paragraph 2 preeediag shall exceed the amoant of payments actaally made by the Mortgagee, as trustee, for ground rents; taxes sad assessments or insurance premiama, as the case may be, arch excess shall be c;edited by the Mar~agee on sahsegaent payments to be made ley the i4fortgagor for such iteans ar, a*_ lifortgagee's optian, as ~, shall be refunded to mortgagor. If, however, such monthly payments shall not be sufficient to pay stub items when the same shall become due and gayakle, then the ~Ior+.gagar shall pay tc> the Aortgagee, as trustee, any amount necessary to make up the deficiency within thirty (30) days after written notice from the Mortgagee stating the amount of the deficiency, erhich natiee may he given by mail. If at any time the Mortgagor shall tender to the Mortgagee, in accordance with the provisions of the note seeared Thereby; fail'pa~nt of the entire indebiedneaa represented thereby, the mortgagee, as trtts%~ shall, fn eamga*.ing *he ;..:nt of sash fndebtedneas, credit tc> the ~sount of the mortgagor an,Y credit Its3snce accamtxlated under the provisions of (ra} of pa~gragh S hzreof. If there shall be a defaalt tinder a~ ~' the proviaians of this mortgage resalting in a gablie sale of the premises covered hereby, ar if the ?~o~.gagee wires t+he grrogerty otherwise after default, the Mortgagee, d5 trustee, shalt apply, at the t;~ of eoni,.~•^vettt.~t ~ s,~.= pnceeedinga, or st tll~ time the prulserty is otherwise scigair~d, t~ at~tmt then remaiaing tk credit the Itfortga~ar tinder (a) of Paragraph 2 pa`eeedin8> as a credit on the intei`~st acesrai~tl and unpaid-and t3ie bataaee to the grineipal theft remaining'unpaid ort said uote: 4, The lien Qf this instrmneat stisll remain-in-fait farce and eifeet daring any postpaneanent or eaten- sloe of the time of payment of the indebtedness or anypartthereaf secured hereby. 5, 'rIe will pay att ground ren#s, tsates~ assessments,-~vvatsr rates,-and other governmental ar manfei- pal ei~»rg~ it3s~; pr imPositiona, levied tx~rrn s~idp•ami bud that he wi31 pap ail taxes levied span this mortga~$e, Qr the=debt severed thereby, tngetlier with ally other taxes or assessments which may Ire levied tfruder#dtelat~~tf=l'f~raakaagainstthemortgagee,-ar the legal-holder of said grinciPal note, on aecaaat of -this indebtedness, eatcept when Payment-far all such items Itaa theretofore been made under (a) of Psra- graph 2 hereof; and he will proinPtly deliver the offiifiial receipts therefor to the Mortgagee. In default thereof the Mortgagee may Pay the same.