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jg~ t~~U~l~3 To fI~vi; ,tt~rz To 11<zi.n the sar??e unto tl?N Mortgagee, as heroin provided. llortgagm• represents to, and covenants with, the Rortgagee, that the 3ortgagor has gooc! right to soil and convey said premises; that they are free fz•om encumbrance, except as 6ereiru,ther«~ise recited ; ±hat the Mortgagor «•ill warrant anall rights of homestead, all marital rights, either in law or In equity-, and all other cantingent interests of the iziot'tgagor in and to the aboi-e-described f,remis2s. F tavin~~ AL4f z=~~, •~.ad tl?ese presents are exec-uteri and delivered upon the following conditions, to wit i4lortgagor agrees to pay to the tilortgagee, or order, the aforesaid principal sum with interest from data at the rate of Nine seal orie half per centnrn (9• ~ ~o} per annum on the eu?paid balance until paid. The said principal and interest shall be payable at the office of Mortgage "'_us Incorporahecl in Englewood, Colorado , or at such other place as the holder of the note may designate in writing delivered or mailed to the .Mortgagor, in monthly installments of Three-hauadred `I're-rztY°three and 79/100 golfers ($ 323.79 }, commencing on the first day of March , 1319 ,and continuing on the first day of each month thereafter until said note is fully paid, except that, if not sooner paid, the final pavment of principal and interest shall be due and payable on the first day of February 2009 ;all according to the terms of a ceriain promissozy note of even date i?eretvith executed by the said :'='Iortgagar. The Mortgagor further agrees: I. He ~vi1l pay the indebtedness, as hea•einbefore provided. Privilege is resen•ed to prepay at any time, without premium or fee, the entire indebtedness ar any part thereof net less than the amount of one installment, or one hundred dollars (.^b100.00}, whichever is less. Prepayment in full shall be credited on the date received. Partial prepayment, other than on an installment ~.lue date, need not be credited until the next following installment due date or thirty days after such pre*,ayment, whichever is eazlier. Z. Together with, and in addition to, the monthly payments ,zf 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) an the first day of each month until said note is fatly paid: (a) A sum equal to the ground rents, if any, next due, plus the premiums that will next become due and payable on policies of fire and ether hazard insurance covering the mortgaged property, plus taxes as?d assessments next due on the mortgaged property (all as estimatpel by the Mort- gagee, and of which the A3ortgagor is notified) less all sums already paid therefor divided by the number of months to elapse before one month prior to the date when such ground rents, premiums, taxes and a.~aessments a-ill become delinquent, such sums to be held by Mortgagee in trust to pa}- said g: ~ zrid rents, premiums, taxes and special assessments. (b) The aggregate of the ama~ir,ts payable pursuant to subparagraph (a) and those payable an the note secured hereby, shall 1,-e paid in a sirgie payment each month, to be applied to the faliow- ingitems inthe order stated (t} ga•ound rents, taxes, assessments, fare and other hazard insurance premiums; (zi} interest on the note secured hereby; and (IIi) amortization of the principal of said zzote. Any deficiency in the amount o` any such aggregate montlily payment shall, ,y;Iess made goad by t1?e Mortgagor prior to the due date of the next such payment, canstitute an event of default under this mortgage. At 14lortgagee's option, Mortgagor ~vil1 pa}> a "late charge" oat exceed- ing four per centum (~iga) of any install went when paid more than fifteen (l5) days after the due date zheseofto cover the extra expense involved in handling delinquent payments, but such "late charge" snail not be payable out of the proceeds of any- sale made to satisfy the indebted- ness secured hereby, unless sash proceeds are sufficient to discharge the entire indebtedness sad all prover costs and expenses secured thereby. g. If the total of the payments made by the Mortgagor under (a) of paragraph 2 preceding shall exceed the amount of payments actually made by the Mortgagee, as trustee, for ground rents, taxes and assessments or insurance premiums, as the case may be, such excess shall be credited by the %ortgagee on su`ws2qu2nt pameents to be made by the Mortgagor far such items or, at Mortgagee's option. as trustee, shall he refunded to 1ortgagor. If, hoEVever, such monthly pay'rnents shall not be sufficient to pay such items when the same shall become due and payable, then the Mortgagor shalt pay to the Mortgagee, as trustee, any amount neeessaag to make up the deficiency within thirty (30) days after written notice from the Mortgagee stating the amount of the defacieney, which notice may be given by mail. If at any time the I4lortgagor shall tender to the Mortgagee, in accardance with the provisions of the note secured hereby, full payment of the enure indebtedness s"eprssented thereby, the ?Mortgagee, as trustee, shall, in computing the amount of such indebtedness, credit to the account of the Mortgagor soy credit balance aceumuiated under the provisions of (a) of paragraph 2 hereof. If there shall be a default under any of the provisions of this mortgage resulting in a public sale of the premises covered hereby, or if the Mortgagee acquires the property otherwise after default, the Mortgagee, as trustee, shall apply, at the time of the commencement of such proceedings, or at the time the property ra otherwise acquired, the amount then remaining to credit the Mortgagor .under (a) of paragraph 2 preceding, ss a credit on the interest accrued and unpaid- and the balance to the principal then remaining unpaid on said note. 4. The lien of this instrument shall remain in .full force and effect during any postponement or exten- sion of the ~fat~-af gaymert of the indebtedness ar any part thereof secured hereby. . 5. He will pay alt ground rents, taxes, assessments, water rates, and other governmental or munici- pal charges, fines, ar inpasitions, levied-neon-said prerT5i8es and that he will pay all taxes levied ugxsn this mortgage, or the debt secured thereby, together with any-other taxes or assessments which may be levied under the laws of Nebraska against the Mortgagee, ar the legal holder of said principal note, on account of this indebtedness, except when payment for all such items has theretofore been made under (a) of para- graph 2 hereof, and he will promptly deliver the official receipts therefor to the iVfortgagee. In default thereof the ivfiortgagee~ay pay the same.