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t--' To HAVE ANZa Ta HOLD the same onto the Rlartgagec, as herein irovided. Martgagoi• represents ta, and covenants with, the Mortgagee, that the Mortgagor has good right to s<sll and convey said premises; that they are free from encumbrance, except as hereinotiaer:r-ise z•ecited ;that the Mortgagor tvili warrant and defend tha same against the la:+•ful claims of all persons :.•hom>oever. `rlartgagor hereby relinquishes ail-rights of homestead, all marital rights, either in fat,' or in equity, and all other caattingent interests ~,rf rile ixic~fo a or in and t0-titG abGvc-desr;riuad ^"°""•°°s. K~ Y ys c.,.,.x, ??~~ta~~ 6t,wA?~s, Knd these presents are executed and delivered upon the faLtawfng conditions, to wit: t~Tortgagor agreesto pay to the i4foxrtgagee, ar order, the afornsaid principal sum :t•ith interest from dale at the x°ate of Nine amid arie half per centum {g, 5 ice) p°r annum an the unpaid balance until paid. The said principal and interest shall be payable at the office of Mortgage Plus Inoorporat~d in Engle<,x~od, Co2.arado , or at sueh other place as the holder of the note may designate in writing delivered ar' mailed to the :4fartgagor, in monthly installments of wee--ltzuxds'ed Fiftet~.n aY~ 38/200 I3oilars {$ 3~.5, 3g ), commencing on the first day of Fel;ruaxy , 18 79 ,and continuing on the first day of each month thereafter until said note is fully paid, except that, if not sooner paid, the final payment of principal and interest shall be due and payable on the first day of .iarttzary 2009 ; al3 according to rice terms of a certain prarnissory Hate of even date here:,°ith executed by the said RiGrtgagar. The Mortgagor further agrees: 1. He will pay the indebtedness, as hereinbefare provided. Privilege is reserved to prepay at any time, without premium or fee, the entire indebtedness or any Bart thereof not less than the amount of one installment, or one hundred dollars {$100.00), whichever is less. Prepayment in foil shall be credited on the date received. Partial prepayment, other than an an installment due date, need Hat be credited until the next following izz~tallment due date or thirty days after such prepayment, whichever is earlier. 2. Together with, and in addition to, the monthly pa_trnients of principal and interest payable under the terms of the note secured hereby, Mortgagor will pay to Mortgagee, as trustee, {under the terms of this trust as hereinafter stated) on the first day of each month until said note is fully paid: {¢} A sum equal to the ground rents, if any, next due, plus the premiums that wi$ next become due and payable on 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 Mort- gagee, and of which the Mortgagor is notified) less all sums already paid therefor divided by the ntzmber of mantns to elapse before one month prior to the date when such ground rents, premiums, taxes and assessments cvili become delinquent, such st.ins to be held by Mortgr~~ in trust to my said ground rants, premiums, taxes and special arse--scmeiits, - - {b) The aggregate of the amounts payable pursuant to subparagraph {n) and those payable on the note secured hereby, shall be paid in a single payrtlent each iri6iitit, to lee applied to uie faiiaw- ingitems inthe order stated (i) gxround rents, taxes, assessments, fire and other hazard insurance premiums; (ti) interest on the note secured hereby; and (ixt} amortization of the principal of said note. tiny deficiency in the amount of any such aggregate marthly payment shall, unless made goad by the ;4lortgagar prior to the due date of the next such payment, constitute anevent of default under this mei•tgage. At Mortgagee's option, Mortgagor will pay a "fate charge" not exceed- ing four per centum (~l ~"e } of any- installment when paid mare than fifteen {1a} days after-the due date thereof to cover the extra expense involved in handling delinquentpayments, butsuch "late charge" -shall not be payable out of the proceeds of any sale made to satisfy the indebted- ness secured hereby, unless s!zeh peor..eeds are suf5cient to discharge the entire indebtedatessand all groper costs and expenses secured thereby. 3. Ff the fatal of the payments made by the Mortgagor under {n) of paragraph ~ prec~ling-shall exc~ ed the amount of paymen#x actually made by the Mortgagee, as trustee, far grauud rents, taxes and assessments or insurance premiums, as the case may be, aueh excess shall be credited by the Mortgagee on subsegtzerit payments to be made by the ;Mortgagor for such items ar, at Mortgagee"s option, as trustee, shaIl be refunded to Mortgagor. If, however, such monthly payments shad not be sufficient to pay such items svheix the same shall became due and payable, then the Mortgagor shall pay to the Dortgagee, as trustee aaiy amount necessary to make up the deficiency within thirty {30) days after written notice-from the Mortgagee stating the aanaunt of the deficiency, which notice znay be given by mail. If at say time the Mortgagor shall tender to the Mortgagee, in accordance with the provisions of the note secured heretry, full payment of the entire indebtedness represented thenebY, the h€ortgagee, as trustee, aisall, in computing the amount of aueh indebtedaes& credit t+o the account of the Mortgagor any credit balance accumulated under the provisions of {a) of paragraph 2 hereof. If there shall be a default under any of the provisions of thin mortgage resulting in a public sale of the premises covered hereby, or if the Mortgagee acquires the property otherwise after default, the l4iortgagee, as trustee, shall apply, at the titlse of the commencement of such praeeedin~ps, or at the time the property is otherwise acquired, the .amount then remaining tee credit the Mortgagor under {a) of paragraph 2 preceding; as a credit ~n the iztterest accrued and unpaid and the balance to the principal then remaining unpaid an said Hate. d. The Lien of this instrument shall remain in full force and effect during any postponement or eaten- - elan of the-time of payment-of the indebtedness or any part thereof secured hereby. fi: Ks will pay alt ground rents, taxes, assessments, ware?` :rates, and other gavernmentat or muniei- poi eharge3; tines, or impositions, levied ttpfln N,id pre~isea acid-that he will pay all taxes levied upon this utaietgage, or the debt secured thereby, together-with airy oilier taxes or assessments which may be levied :under the Ia~vs of 23ebraska against the Mortg&geer or the legal balder of said principal note, on account of this indebtedness, except when payment far. all such-items has theretofore been made under (a) of para- graph ~ hereof, and lie wilt promptly deliver the official receipts therefor to the Mortgagee. In default thereof the Mortgagee may pay the came.