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<br /> . .. h r%ly�i ...iJ�'�.tik. .{y� !t� lftr'1� . — _
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<br /> ���� ° ^h� To HwvE�wn To Hat.n che�me unto thc Mort�a.as herein pravided. Mortgago��cpraenta co,and __ .�n
<br /> ._i' . .°' .. _
<br /> covenants with.the Mon�a,that the Mort�o�or ha:�ood riQht to sell and canvey a►id�pitmises;th�t�hry _ � ._
<br /> _- . ��� ° M are free irom et►cumbrance,eacept aa hereinothenvise recite�d;th�t the Man�a�or wjll wattwnt And defend ehe ------s„_�„_
<br /> �. . ^,;, ,,� � � n,.. � � �arpe aQainst the Itwiul cWms oP all persona whomsoever.Monga�or hereby relinqui�hss All rll�ta of homatead, �y�'. _
<br /> ° . � all msuital ri�h t s� e i t h e r i n b w o r i n e q u i t y.a n d a l l o t h e r c o n t i a Q e n t i n t e r e s t s o P t h e M ori p a►Aor in and to ttie -
<br /> ��;,, , ;; � ' � �bove-dacribed Premises. �--...`
<br /> 0 PIIOVIDBD ALWAYS. aad these presenta ue execuced and deliverod upon thc (all�+won� condltlom, to � � � -
<br /> _� "�tt�"•i „ ' J~ W��: ------�=— —
<br /> � '� , ` �` " � N Mort�a�or agrees to�ay�to the1V�ort�a�c�eL or order. the aforesaid pcincipa!sum�IF!S�1t���st from dau
<br /> � � EIGtTr AND 500/100U r centum ( .:�xu .y�)
<br /> st the rate of a ,, �-�—�;
<br /> _ . },, per annum on the unpaid balance u�til paid. The said principal and intuest sh�p bo payable at the office oi .
<br /> ,, 55 �Ip,p_�., (�ItRY HI1L, NJ 08002 � ,�
<br /> in JERS � or a[ such ocher place as tho holder of thc no�e may designate in
<br /> writin� delivered or malled ta the Mortaa�or� in monthly installments af :���
<br /> FOUR ENNDRED FOR'lY 'IlaO AND 9�/100 -- -
<br /> ' Doilars (S 442.94. commenciag on the flrst day of �� , 19 92, -
<br /> �,.,�r.�.,
<br /> and continuic�on the first day of each monlh thereafter unili�aid nato is fupy paid;txccpt that. if not sooner •.,�.�,��
<br /> ' - paid,the final payment of principal and interest shall be due and payabk an the f�rtt day of ... �ti_---
<br /> FESRUARY 2022 ;all accordi�to tho tams af,s�cert�►in promissory note of evea ,�, �
<br /> ' date herewith execuced by the said Mort�or. �e�s
<br /> .. •,.. The Mort�aQor further aQrees: �.� �'g": -�
<br /> � x�„_ •
<br /> �� 1.He/ahe will pay the indebtedness�as hsreinbefore prrnidaQ.Privile,�i�reserved to prepay at any time, ,��,�
<br /> ,�•� without premium or fce.the entire indebtedness or any part thereof nat!¢sa than the amount oi one inatallment, ;� ���
<br /> or oae huadred doUars(5100.00).whichever is kss. Prepaymcat in fup sh�ll t�e credited on the date received. �r.� '�=���
<br /> „ � �� pa.�ai�a!prepayment,other thAn on an installmeat dwe ciate.naed na!be ereditod uatil the next followlaQ inctall+ .,��,:�,
<br />� , ° meac due dats or thirty days aiter such prepayro�e�n.whichaver is earlier. �':`: ; �:,
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<br /> , 2.To�etha�with,aad in addidon to.tlx m�onth6�r paymanu o�principal an�interest payable undGr the terms � -.
<br /> o�t6�c note secu�red herehy�1Hort�aBor wil�gaY to Mort�agee�as uuaca.(under the terms of tius tnut as here�nafter �,,,,,:; • 1;.'
<br /> � stae�ed)on tha first day of each month until said note is fu11y paid: �'.`' ;' ;;�� ' r'
<br /> �a) A aum eq u a l to t he groun d r e n t s. i f a n y,n e a t d u Q.p l u s t h e p r e m i u m s t h a t w i l l n e x t b e c o m e d u e a n d
<br /> �':;�"...
<br /> _ - ------�_ = pay�b ie on po iicies o i Gre un d o t h e i h a z a r d i r+s u r a n a caver�a g the snort g e gtd pso p�rty.pl°s� ����, \ ,�, -
<br /> � and assasments next due oa the mortgaged property(all as estimated by the Mongaga.and of which .f;, ::��t
<br /> �� the Mongagor is notified)less aQ sums already paid therefor divided by the number of months to �� ; � 4.i
<br /> elapse before one month prior to the date when such ground rents,premiums�taxes and assessments ; • •.;r�.;.•.;i;..' t�
<br /> � will becoma deGnquent.such sums to be held by Mort�aQa in trust to pay said ground rents,premiums� � -: -�
<br /> i
<br /> � ry taxes and special assessmenss. �I',,.,`;`'�' ._. .�
<br /> � �b, �secured herobyf hall be paid inaa sin�eupayment ea hPmo�hpt(be a plied t the followin�ftncmt ;��-�� "'`"
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<br /> ' ia the order stated: "`"'
<br /> r•. �.:�,':. -•
<br /> � �q ground rents� taxes. assessments. fire and other hazard insurance premiums; •'�.;;, .;.':'"`
<br /> ,..��.,..
<br /> � (Iq interest on the note secured hereby;and , .�• -___•
<br /> �m> amortizatton of the principal of said note. r'� , ,:;,
<br /> ������:::
<br /> Any deficiency in the amount of any such aggregate mnnthly payment shall� unless made good by �-�,�r:-
<br /> � � ` T:::' •':.'-;
<br /> � the Mongagor prior to the due date of the next such payment,constitute an event of default under � � «�„�_
<br /> this mortgage. At Mongagee's opcion, Mortgagor wfll pay a"lace charge" not excading four per � "_�,y.�;�
<br /> � centum(4%)of any installment when paid morc than fifteen p 5)days after the duc date thereaf ro � _ --
<br /> ' cover the extra expense involved in handling delinquent payments�but such "late charge"shell not ��;;�:�=L=
<br /> ± be payable out of the procceds of any sale made to satisfy the lndebtedness secured hereby, unless • ' :'. ,
<br /> such praceeds are sufficient to dischar�e the entire indebtedness and all proper costs and expenses E .,.;.;,;�,,
<br /> secured thereby. �
<br /> 3. If the total of thc payments made by the Mortgagor under/a�of paragraph 2 preceding shall exceed the � �� '
<br /> , �!A � , amount of payments actuaUy made by the Mortgagee, as trustee, for ground rents, taxes and assessments or �,
<br /> .'�,, ' insurance premiums.as the case may be,such excess shall be credited by the Mortgagce on subseyuent payments
<br /> �.��:��:;• � �i to be made by the Mortsagor for such items or. at Mortgagee's option,as trustee, shall be refunded to Mort-
<br /> � gagor.!f.however,such monthly payments shall not be sui'ficient to pay such items when the same sha116ecome
<br /> � due and payable. then the Mortgagor shall pay to the Mortgagee,as trustce.any amount necessary to make up
<br /> • ; .�� the deficiency within thirty(30)days after written notice from the Mortgagee stating the amount of the deflcien- .
<br /> cy,which notice may be given by mail. If at any time the Mortgagor shall tender to the Mortgagee.in accordance
<br /> 1 with the provisions of the note secured hereby,full payment of the entire indebtedness represented thereby. the � ..
<br /> �:. i Mortgagee,as trustee.shall, in computing the amount of such indebtedness.credit to the account of the Mort-
<br /> '�`�""' gagor any credit balance accumulated under the provisions of(a)of paragraph 2 hereof.If there shall be a default
<br /> under any of the provisions of this mortgage resulting in a public sale of the premises covered hereby,or if the
<br /> Mortgagee a¢quires the property otherwise after default. the Mortgagee,as trustee. shall apply. at the time of
<br /> .�_ _ �..�,.0�....6 n►or�rlinoc nr at rhP rime the mm�ertv is othe�Wlse aCUUI[ed, the amount then re-
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<br /> wc �wm■wu�.�...�...... ....�..r...�����.�0� �� �_ ..._ .... . • . . -
<br /> mafning to credit the Mortgagor under(01 of paragraph 2 preceding.as a credit on the interat accrued and un-
<br /> paid 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 extension
<br /> , of the time of payment of the indebtedness or any part thereof secured hereby.
<br /> � S. He/she will pay all ground rents,taxes,asscssments,wnter rutes,and other governmental or municipal
<br /> � charges,�nes.or impositions,levied upon said premises and that he/she will pay all taxes levied upon this mon-
<br /> �, � gage,or the debt secured thereby,together with any other taxes or assessments which may be levied under the
<br /> laws of Nebraska against the Mortgagee.or the legal holder of said principal note.on account of this indebtedness,
<br /> � except when payment for all such items has theretofore been made under/01 of paragraph 2 hereof,and he/she
<br /> will promptly deliver the official receipts therefor to the Mortgagec. In default thereof the Mortgagee may pay
<br /> � . the same.
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