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~1"a Il~,tti~~t.,t°a?' ~'`~ l~p+)9.Ti t1~n~ s~ro5i,t~ ~.t~u„i~'tNaMr lil~r,ul~~,~,,~,,,~;~, a.~u ~h;~~r+rir• lrr°o3rsdF ri. :.uie~~rrtg,~~ri,r p"i.15mr ~,~;~ni~i,~~~ 1'.~rn, ;,~.~ and tur~•Faau~eu~r »~ ill,, ".,L f:'.;..~~n ._, i_=-- ,~ ~ 14'Guret~,36z~ar 1,., ~ arrrs~l s .~~it t~W i, -~li a~a.~i.S tiaJLe- ~j' sa~td o~ eeara~i„ r~,~~~r; s~.l tlta+ ~iee A'e frf•e tr'a,^.r P.^,~'.3:^iJ-an ~ -fit de l~i-F .iJLP ~ ~ r ntzt trite ~~~~rt~ggr~r -i1a ~atr?.ili and defend the same against the lei ful csa ni.-, of eFF p son ru ,; eF . ~Sortgagor hereby re n t3~ishes ~_ a'sl reghts of hamestead, alt marital rig'nt-4, either ~n la~v or s. .~,.;t}, dnd alt other cantingent m~rests cif •~'` the ~far•tgagaz• in and to the above-described premises. ~ PxaviBkD ALSVAYS, and these resents are executed and deli'.•ered u p yon the fallowing eonditians, tc> wit dam„ iviortgagor agrees to pay ±a the llaz•tgagee, or arder, the aforesaid principal sum ~; ith interest Pram date at the ra*.e of Ten per centum (10 •SS:) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of Mortgage Plus Incorporated ~ Englewood, Colorado , or at such other place as the holder of the note may designate in writing delivered or mailed to the Mortgagar, in rnonthly installments of Two Hundred Seventy Six 57/IOOthDoiIars /4~ 276.57 ),commencing on the first day of September ,1979 ,and continuing on the first day of each month ±hereafter until said pate is fully paid, except that, if not sooner aid the fzral payment of principal and interest shall be due and payable on the first day of August 2p00a ;all according to the terms of a certain pramissory note of even date herewith executed by the said Mortgagar. The Mortgagor further agrees: 1. He will pay the indebtedness, as her~inbefore provided. Privilege is reseri•ed to prepe~r at any time, without premium or fee, the entire indebtedness or any part thereof not less than the amou?at of one installment, or one hundred dollars (~100A0), whichever is less. Prepayment in foil shall be cred_rd on the date received. Partial prepayment, other than on an installment due date, need net 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 monthl}- 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 ti ci'ni as hQrei.nafier Siatcei) vn the first day of eat, h mural h iiniii said nv*i,e iS fiiiiy paid: (¢) 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 other hazard insurance covering the mortgaged property, plus faxes and assessments next due on the mortgaged property (alI as estimated by the Mort- gagee, and of which the Mortgagor is notified) less all sums already paid therefor divided by the narnber 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 (¢) and those payable on the note secured hereby, shall be paid in a single payment each month, to be applied to the follarv- ingitems inthe order stated (i) ground rents, taxes, assessments, fire and other hazard insurance premiums; (??) interest on the note secured hereby; and (iti} amortization of the principal of said note. Any dehciencv in the amount of any such aggregate monthly payment shall, unless made good by the liartgagor prior to the due date of the next such payment, constitute an event of default under this mortgage. At ?viortgagee's option, ortgagor rviil pay a "late charge" not exceed- iro fo,,,• per ceiitum r<i~:.) o± ~n1- ;:,cr=~ii zrei;t whezr paid more tha~,%ftef•^. rl~i} day° afterth° due date thereof to corer the extra expense involved in handIinA delinquent navments, but such "late charge" shalt not be pa}°abie out of the proceeds of any sale made io satisfy the indebted- ness secured hereby, unless sach 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 tare 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 I4fortgagee's option, as trustee, shall be refanded to Mortgagor. If, however, such monthly payments shall not be suftlcient to pay such items when the same shall become due and gayable, then the Mortgagor shall pay to the Mortgagee, as trvs"tee, any amount necessary to make up the deficiency within thirty (30} days after written notice from the Mortgagee stating the amount of the deficiency, which notice may be given by mail. If at any time the Mortgagar shall tender to the Mortgagee, in accordance with the provisions of the note secured hereby, full payment of the entire indebtedness represented thereby, the Mortgagee, as trustee, shall, in computing khe amaunt 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 tie Lvrav;ainny of this mortgage resulting In a puhlie sale of the premises covered hereby, ar if the Martgag~e acquires the: property athenvise after default, the Mortgagee, as 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 {¢} of paragraph 2 preceding, as a credit on `.he interest accrued and unpaid and the balance to the principal_ then remaining unpaid on said note. 4. The lien of this inst••ument shall remain in full force and effect during any postponement or exten- sion of the time of payment of the indebtedness or any part thereof secured hereby. b, He will pay alt ground rents, taxes, 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 mortgage, or the debt secured thereby, together with any other taxes or assessments which may be levied under the taws of Nebraska against the Mortgagee, or 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 pa_*a- graph 2 hereof, and lee -.vil1 promptly deliver the official receipts therefor to the Mor±gagee, In default thereof the ;`der tgagee may pay the same.