<br />~t'r ~Hakti1~,~J'~ ~ih~,a' "fir ~liG~~~Y.-:i .1... ~,iru~r~i~d, ~~~_mul[;:. 'rni~ .r1G~~,~, ~i ~~~Ih"~'a uu.i -r~i~~,r^,~ra ~.i i, ~ Qu~~~,u, l+~ll.~~~rt71t~~~,F;ir ~ ;;iF~ ~a ~3~~ i.i~,~'°
<br />ir3~ rr-:+, xd.. z - -~ ~t - _, t-'.r. t .,'. ," ,_~e," ... ~{.. ~;~ .. .. .. ~i.~. ...-. :s~..: ~ ,a ..~.w ;
<br />- - - - - - - - -- ~~~`.. ~e-.,a.t
<br />,~-
<br />~2"aC ~3Pf F ..• _ . ,, c. ~ - `: ~, the .~ a.... _ ....... x3 tee. ,.r .. ._" .. ."_..... .. ~~~~'; eg&r i^.esr„~ r,..!..~~::... ~_
<br />all rfg12:E;JS ?'. ;, ,. ~.:a <, 2 ...d. • d x~ ....F> ir' 1a"•' `?r ..`:3-!•: i'Jr-'sa: .' .... '1[
<br />the ltlortgagor i- anr~' tr> th+~ a:;~r„e-r;+~.=r,r~Y':,re p^'r=msg.
<br />PW3'~'IL~Ef> ~t.ffva~'S, ar:d these pz~se^.t,~-. are exe±~ute.,^.. ar:S ^!c.':.-.•~rr-r1 awn *1~re f~s'1~=9ing corsciit;or!a.
<br />a-it
<br />islortgagor a gees tti jiay to the llo_*tg-ag=:r, d>r Or+ler, !ht eTr~r+r~i!i ~ .sst'¢;:ai r,.;.: witl! interest rn*o date
<br />at the role :;f €;yen r,-r e€"r•'u•:3 (~ ,~ . - j i~.• ,z:n.ar.=: ,r, the a oat i taalar~ce until pad.
<br />The:z!dpi';;~ipdt:nd:ntr,re.:. ~ealll~:`2y~e?rleatll!c.,is:Ees,f ~~r,_~3GF ?13:5-..:~:'rOS~'~°~
<br />in Erialeo:ood , Cosorac~o , a,r at such rather trlefe as'.}:e hoTdYref the note maydesignate in
<br />writing de!:.ered or mat:t{I to t%.e 3ir~rtg;~x+~r, in n-,vntiaiy instattr!=erts r,f r our mound-eti Sixth and 0?Jit3+
<br />IkiLars ($~ 6 . 0', }, c+~mra~escing an t,e ;ar-t *iaa ~,f 5ezlte;r,~~ez' , I§ 7 ~ ,and ecintinuing ~a
<br />the fast day of earl? month thereafter until said r.=,t~ is fully p:,id, except that, if not sooner paid, the final
<br />payment of principal and interest si:all :~ due and p~:.rable on the first day of AugustL OC9 • all
<br />2ccording to the terms of a certain promissur r. ,tr_ of ek'en date heretvith executed by the said Mortgagor.
<br />The Mortgagor further agrees:
<br />1. He ~.vill pay the indebtedness, as hereinbcfu? ~ provided. Privilege is reserved to prepay at any
<br />time, without premium or fee, the entire indebtedness or any" part thercrof not less than the amount of one
<br />installment, or ene hundred dol?ass (3100A01, whichever is less. Prepayment in full shat' be credited on
<br />the date received. Partial prepayment; other than on an installment due date, need not be credited un*.il
<br />the next folloR•ir!g installment due date or thirty days after such prepayment, whichever is earlier.
<br />2. Together with, and in addition to, the monthl~r payments of principal and interest payable un~ er
<br />the terms of the note secured herebv, Mortsra_QOr will nav to 113ort¢aQee. as trustee. (under the terms of ti.s
<br />trust as hereinafter stated) on the first day of each month until said note is fully paid
<br />(¢) A ~nm equal to the ground rents, if any, next due, plus the premiums that will next become due
<br />and payable on ru>hcies of fire and other hazard insurance covering tl!~= mortgaged property,
<br />plus taxes and assessments next due on the mortgaged property (all as estimated by the Mort-
<br />gagee, and of a hich the Mortgagor is notified) less all sums already paid therefor divided by
<br />the number of months to elapse before one month prior to the date when such ground rents,
<br />premiums, taxes and assessments trill became delinquent, such sums to be held by Mortgagee
<br />in trust to pay said ground rents, premiums, taxes and special assessments.
<br />{b) The aggregate of the amounts payable pursuant to subparagraph {rr) and those payable on the
<br />note secured hereby, shall be paid in a single payment each month, to be applied to the foIlo~v-
<br />ing i':^ms in the order stated
<br />(z) ground rents, taxes, assessments, fire and other hazard insurance premiums;
<br />(u) interest on the note secured hereby; and
<br />{zti) amortization of the principal of said note.
<br />Any deficiency in the amount of any such aggregate monthly payment shall, unless made gaol
<br />by the tilortgagor prior to the due date of the next such payment, rnnstit„tQ an event pf default
<br />under this mortgage. At ~ ortgagee's option, klortgager will pay a "late charge" not exceed-
<br />ing four per centum fdF) of any install meet whey. paid more than fifteen { 15) days after the
<br />due =gate t hereof to saver t:.' extra expense involved in handling delinquent payments, but su: i',
<br />"late ch ar•ge" shalt not ha payable out cf the proceeds of say solo made to satisfy the indebted-
<br />ness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and
<br />all proper costs and expenses secured thereby.
<br />3. If the total of the payments made by the Mortgagor under (¢) of paragraph 2 preceding shall
<br />exceed the amount of payments actually made by the Mortgagee, as trustee, for ground rents, taxes and
<br />assessments or insurance premiums, as the case may be, such excess shall be credited by the Mortgagee
<br />on subsequent payments to be made by the Mortgagor for such items or, at Mortgagee's option, as trustee,
<br />mall be refunded to Sortgagor. If, however, such monthly payments shall not be sufficient to pay such
<br />items when the same shall become due and payable, then the Mortgagor shall pay to the Mortgagee, as
<br />trustee, any amount necessary to make up the deficiency within thirty (30) days after written notice from
<br />the Mortgagee stating the amount of the deficiency, which notice may be given by mail. If at any time
<br />the Mortgagor shall tender to the Mortgagee, in accordance kith the provisions of the note secured
<br />hereby, furl payment of the entire indebtedness represented thereby, the Mortgagee, as trustee, shall,
<br />in computing the amount of such indebtedness, credit to the account of the Mortgagor any credit balance
<br />accumulated ender the provisions of (a) of paragraph 2 hereof. If there shall be a default under any
<br />of tfie provisions of this mortgage resulting in a public sale of the premises covered hereby, or if the
<br />Mortgagee acquires the property otherwise after default, the Mortgagee, as trustee, shall apply, at the
<br />time cf the commencement of such proceedings, or at the time the property is otherwise acquired, the
<br />amount then remaining to credit the Mortgagor under (a) of paragraph 2 preceding, as a credit on the
<br />`interest accrued and unpaid and the balance to the principal then remaining unpaid on said note.
<br />4. The lien of this instrument shall remain in full force and effect during any postponement or exten-
<br />sion of the time of payment of the indebtedness or any part thereof secured hereby.
<br />5. He will pay all ground rents, taxes, assessments, water rates, and other governmental or munici-
<br />pa} ch~.rges, fines, or impositions, levied upon said premises and that he will pay all taxes Levied upon this
<br />mortgage, or the debt secured thereby, together with any other taxes or assessments which may be levied
<br />under the laws cf I3ebraska againP,t the 11=fortgagee, or the legal holder of said prir.eipal Hate. on account cf
<br />this indebtedness, except when payment for all such items has 'theretofore been made under (a) of para-
<br />graph 2 hereof, and he will promptly dsliver the omcial receipts therefor tr the Pdortgagee. ir, default
<br />thereof the Mortgagee may pay the same.
<br />
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