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~-- z.aca~~~.~t Tca Iha'vE; a~ava Tr,~a Flc'"rf='13 the ;=4rmcu~ azt~a4,rifi tll~e P~Ir~'~rltgage~, a;, Ir~Gt a~~rt;n~ p~ud,~;r}'~~rNa~z:9. :~io'~rt•tgagrrr raeprFS~~~r~y~t::~ t~cr, and sits+~crt<ta~,iL n~ ztiz, ti7e Isiortgagne, thit t•he lifortgagor lk::rs good right; to Weil and convey said prerni.wa;s; Thai Lhe~- are free from enca*.nbranen, exccpt as hereinothez•v:se rt•cited ;that the :Vortgagor will waz•razzt and defend the same against the tae; fui claims of all persvzzs a homsoe•:er. Mortgagor hereby relinquishes alJ rights of homestead, ail marital rights, either in la;c or ir. equit, and all other contingent interests of the 9ortgagor in and to the above-described premises. PTtavtn~ ALSi'aYS, and these presents are executed sad delivered upon the following conditions, to wit Mortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum with interest from date at the rate of Nine and one half per centum (g • 5`, o) per annum vn the unpaid balance until paid. The said principal and interest shall be payable at the office of Mortgage Plus Incorporated 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 Two Hundred Ten and 25/100ths Dollars {$ 210.25 ),commencing on ±he first day of June ,19~g ,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 May 20pg ;ail according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. The Mortgagor further agrees: 1. He will pay the indebtedness, as hereinbefore provided. 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 one installment, or one hundred dollars ($100.00), whichever is less. Prepayment in full shall be credited on the date received. Partial prepayment, other than on an installment due date, need not be credited until the next following installment due date or thirty days after such prepayment, whichever is eazlier. 2. Together with, and in addition to, the monthly payments 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) A sum equal to the gz•ound rents, if any, next due. plus the premiums that will 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, anti of which the ivlortgagor 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 assessments will become delinquent, such sums to be held by Mortgagee in trust to pay said ground rents, premiums, taxes and special assessments. (b} The aggregate of the amounts payable pursuant to subparagraph (a) and those payable on the note secured hereby, shall be paid in a single payment each month, to be applied to the fotlow- ingitems inthe order stated (I) ground rents, taxes, assessments, fire and other hazard insurance premiums; (II) interest on the note secured hereby ;and (III) amortization of the principal of said note. Any deficiency in the amount of any such aggregate monthly payment shall, unless made good by the Mortgagor prior to the due date of the next such payment, constitute an event of default under this mortgage. At Mortgagee's option, 'afartgagor wilt pay a "late charge" not exceed- ing fotz=• per centum (A ~o) of any install rnent +=hen paid more than fifteen (I s) days after the due date thereof to cover the extra expense int~olti~ed in handling delinquent payments, but sack "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebted- ness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured thereby. 3. 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 Mortgagee on subsequent payments to be made by the Mortgagor for such items or, at Mortgagee's option, as trustee, shall be refunded to Mortgagor. If, however, such monthly payments shall not be sufficient to pay such items when the same shall become due and payable, "then the Mortgagor shall pay to the Mortgagee, as trustee, any amount necessary to make up the deficiency within thirty (30) days after written noi:ice from the Mortgagee stating the amount of the deficiency, which notice may be given by mail. If at any time the Mortgagor shall tender to the Mortgagee, in accordance with the provisions of the note secured hereby, full payment of the entire indebtedness represented ±hereby, the Mortgagee, as trustee, shall, in computing the amount of such indebtedness, credit to 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 this mortgage resulting in a public sale of the premises covered hereby, or if the Mortgagee acquires the property otherwise after default, the Mortgagee, age trustee, shall apply, at the time of the commencement of such proceedings, or at the time the property is otherwise acquired, the amount then remaining to credit the Mortgagor under (a) of paragraph 2 preceding, as 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 tlra i<iime of payment of the indebtedness or any part thereof secured hereby. 5. He wrll pay all ground rents, tars, assessments, water rates, and other governmental or munici- pal charges, fines, or impositions, levied upon said premises and that he will pay all taxes levied upon this s-no**_g2g~ or the debt r~ured thereby, toget_h€r !eith any other taxos or assessments 4vhich may be levied under the laws of AIebraska againstthe Mort~a~, or the legal holdernf said principal note, czn account of `u'riii irzdebtxdl'ie3a, eRi~pt when payment for ail siit'_h it~a[ s i7a+~ il'ierei[7`iurc been F57ade unc~(.r (~) of ~rti- ¢ranh 2 hereof, and he :c'ili proiz~ptiy deliver the official receipts Therefor to the Alortgagec. In default t$zereof the Mortgagee may pay the same.