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79. 'v =3 Etl~i TO IIavE a_m To Hct<;i the same unto tl:e 'Mortgagee, as herein liro~ id?d. 3iortgagcr represents to, and rnvvna tF :ri±};, ;,he Mortgagee. that the liot-t;~ag.~r has goad right to sr.ll av3 convec said iiremises; that they are free from encumbrance, except as hareinother~~: ise recited; that the Slartgagor ~rili warrant and defend the same against the lac fuI claims of ali persons whornso<_ver. 3ortgagor hereby relinquishes alt rights of hamestead, aii marital rights, either in fa;t• or in equity, and aii other contingent interests of the "Siongagor in and to the above-described premises. PaZO.'IDED ALWAYS, and these presents are executed and delivered upon the fvliov.-ing co•tditions, to wit: Rior tgagor agrees to pay to the Ricrtgagee, or order, the aforesaid principal sun: with interest from date at the rate of --------TEN---------per centum (10. $c) per annum on the unpaid balance until paid. The saia principai and interest shall be parable at the otfice of Corsercial Fe~eral Savings and Lc~a Assn. in Gtuaha, Nebraska , .ir at sucl-i other place as the holder oY the note may designate in writing delivered or mailed to the Mcrtgagm•, in monthly insta.hnents of Thx ee Hundred Six and 28/100 UOlIaYS (a--30u.2u-- ), eJrf ,euC ing On t v "f E2ytc <. 1974 and ~nntinning nn the first dap of each month thereafter until said note is fully paid, except that, if not sooner paid, the final paytnent of principal and interest shall be due and payable on the first day of August, 2004 ;all sec.irding W the terms of a certain promissory note of even date he=_•e5vith executed by the said 3ortgagor. The Mortgagor further agrees: 1• ue u.;n nay 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 insialiment, or one hundred dollars 0100.00), whichever is less. Prepayment in full shalt be credited on the date received. Partial prepayment, other than on an installment due date, need rot be credited until the next following 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, Mortgagor will pay to Mortgagee, as tt-ustee, (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, nest due, plus the premiums that wiI} next become due and payable on policies of fire and other hazard insurance covering trio mortgagor; property, plus taxes and assessments next due cn the mortgaged property (all as estimated by the Mon- gag2e, and of :which the Afottgagor 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) 'T'he aggregate of tiro aiiivitfits payable pursuant tc subparagraph (a} and th:~e payable en *he note secured herebp, shall be paid in a single payment each month, to be applied to the foAou-- ingitems inthe order stated (i} ground rents, taxes, assessments, fire and other hazard insurance premiums; -.- {*.} ;±.,#erµat on the nnie seou,•ecI 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 iviortgagor prier to the due date of the next such payment, constitute an event of default under this mortgage. At ortgagee's option, Mortgagor will pay a "late charge" not exceed- ing four per centum (4 Vii) of any installment :when paid more than fifteen (15) days after the due date thereof to corer the extra espcnse invoh-ed in handling delinquent payments, but such `gate 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 groper 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 l:e, such excess shat! be credited by the Mortgagee an a+ibsegcent payments to be made oy 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 lYEina when the game 8haii i7et:vnic due and y&yabie, there t - rtgagor shall pay tC the M^rtg„gee trustee, any amount necessary to make up the deficiency withinythirly (30) days after written notice from t_txe Mortgage, stating the amount of the deficiency, which notice may be given by mail. Ii ai any lime the Mortgagor shall tender to the Mortgagee, in accordance with the provisions of the note secured herebp, full payment of the entire indebtedness represented thereby, the Riortgagee, as trustee, shall, in compu#ing the amo3_=nt of such indebtedness, credit to the account of the Mortgagee any credit balanco acctunulated under the provisions of {¢) of paragraph 2 hereof. If there shall be a default under any of the provzsiona of this mortgage resulting in a public sale of the premises covered hereby, or if the Mortgagee acquires the progeny otherwise after default, the hortgagee, as trustee, shall apply, at the time of the commencement of such proceedings, or at the time the properly is otherwise acquired, the amount then remaining to credit the Mortgagor under (a) of paragraph 2 preceding, as a credit on the interest accrued grid unpaid and the balance to the principai then remainitg unpaid on said hots. 4. The lien of this instrument shall remain in full force and effect during any postponement or exten- aiord ofthe tima:of payment of the indebtedness or any pan thereof secured hereby. 5. )3e twill gay all ground rents, taxer:, assessments, water rates, and other goveenmental or munici- pal charges, Rues, or impositions, Iev7ed upon said premises and that he will pay all taxes levied upon this u`avri~sga-,-vr wi:@ debt w =,Yed tharnhy. #noo±har wish any nthar taxes or assessments which may be levied ..;:~o,~+~o i w4 of TTehrawka against the Mortgagee. or the le¢al holder of said principal note, on account of tti,is r.dcbttianaes, e =n*_ when paytrtant fur ail such items has theretofore been made under (¢) of para- graph 2 hereof, and he wiU promptly deliver the othcial receipts therefor to the iViartgagee. In default thereof the Mortgagee may pay the same.