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To HavE ,axe To HOLQ the same unto the Rlot•tgagee, as herein provided. Mortgagor represents to, and covenants with, the Mortgagee, that the Rlortgagor has good right to sell and convey said premises; that they are free from encumbrance, except as hereinotherwise recited ;that the Mortgagor wilt warrant and defend the same against the lawful claims of all persons whomsoever. Rlortgagor hereby relinquishes al6rights of homestead, all marital rights, either in law or in Pquity, and all other contingent interests of the Mortgagor in and to the above-described premises. PROVIDED At.wrnYS. and these presents are executed and delivered upon the following conditions, to wit: Mortgagor agrees to pay to the Rortgagee, or order, the aforesaid principal sum kith interest from date ~` at the rate of Ten Per centum (10.60) per annum on the unpaid balance until paid. The said principal and interest shall be payable ^t the office of Mortgage Plus Incorporated in En lewood , Colorado , or at such other place as the holder of the note may designate in writing delivered or mailed to the Rlortgagor, in monthly- installments of Four Hundred Three and ~, ':$8 j100 Dollars ($ 403.88 ), commencing on the fit~t day of November , 197 9 ,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 intrreat shall be due and payable on the first day of October 2009 ;all according to the terms of a certain promisso,y cote of even date herewith executed by the said Mortgagor. The Mortgagor further agrees: 1. Fie will pay th+• indebtedness, as hereiubefore provided. Privilege is reserved to preps}- at any time, Fvithout 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 crEYlited on the date received. Partial prepayment, other than an art installment due date, need not be credited until the next Pgtt~,w•inr installsne:?t due dare or rhirry da;fs after such prapaynert, w[eiche=:er is earlier. 'l. Togethet• with, and in addition to, the monthly payments of principa[ and interest payable under the terms of the note secured hereby, hfortgagor will pay to Mortgagee, as trustee, (under the terms of this trust as hereinafter stated} on the first day of each month unfit said note is fully paid: (a} [>, sum equal to the ground rents, iL any, next clue, plus the premiums that wilt next became 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, and of which the Mortgagor is notified} less all sums already paid therefor divided by the number ul' mouths to elapse before one month prior to the date when such ground rents, premiums, taxes and assessments will become delinquent, such sums to be he)d by Mortgagee in trust to pay said ground rents, premiums, taxes and special assessments. (b) The aggregate of the mnnunts payable pursuant to subparagraph (a) and those payable on the note secureel hereby, shall be paid in a single payment each month, to be applied to the follo;c- ing items itt the order skated { t) ground tents, fates, assessments, lit•e a:rd other hazard insurance premiums: (tt} interest on the noteseeurcdheraby;and (tu) .unortiration of the principal of said note. any dc=l7a-iettcy in thr amount of any such aggregate tnonihly payment shall, unless made gc>`tci 1,.• t,;e 1lortgagor pru;r to kite <iue dot€= of the next such pavrtent, c•ot=.stitute an event c;f default tlrtde+' `slt i5 l:ri;rt~age. ~zt. *iortgagee's >rln, ~Ior ~ c iv ill ?-~~ i__• `_ •• _ _ tg- g„ 1..y a " ~=e cnrrrg€ «ot exceed- ing friar r,€=r ~f~ututn (•1`:) ~~f any ;natal) .tent .when I~.id ,gore tjtatt ;if*~n (=u-) days xZter tI=€; due elate thereof to cover th€+ extra expense involved in handlingdelinquentpayments, bet such 'gate charge" shalt etot be payable out of the proceeds of any sale made to satisfy the indebted- ness secured hcrc~by, unh•ss such proceeds are sutlicient to discharge the entire indebtaxknesa and all proper costs and expcstsus secured thereby. 3. If the total of the payments9 made by the Rlortgagor under (a) of paragraph 2 preceding chalk exceed the amount of payments ac#ually made by the Mortgagee, as trustee, for ground rents, taxes aml assessments or insurance premiums, as the rase may be, such excess shall 1>e credited by the Mortgagee on suhsegnent payments to be made by the Mortgagor for such items or, at Mortgagee's option, as #rustee, stiall be refund~t to Rlortgagor. If. haw•c°ver, stsclt manth{y payments shall pat be sttttiei4nt to pay stteh itetna when the same shall become due and payable, then tho Rtort.gagor shall pay t<t rho Mortgagee, as trustee, any amuwrt Itceessary ter make up the deficiency within thirty (30) days after a°rittrn n+atice from the Mortgagee stating the amount of the detieiency, which notie,~ may fro given by mail, if at any time the Mortgagor shall tender to the Mortgage, in areor€lxnce with the provisions of the note secure=d heroby, foil payment of the entire indebtedness representeel the+reby, the Mortgagee, as trustee, shall, in computing the amount of such indebt€=€lness, credit ttz iha account of the Mortgagor any credit balance uccumulatecl fouler the provisions afi (a) of paratraph ~ tterectf. If there shall be a default under any atf the provi5iana of this mortgage rrsukting in a public sale of the premises cover'e=cl hereby, or ii the Mortgagoo acquires the property otherwise after default, the Riortgagav, xis trustee, shall apply, at the til7te of the commencement of sach proceedings, or at the time the property is otherwise acquired, t}re amount then remaining to credit the Mortgagor under (a) of paragraph 2 preceding, as a credit on the interest accra~i anal unpaid and the balattce to the principal then remaining unpaid on said note. 4. The Lien of this instrument shall remain in full force and etFect during any postponement or exten- sion of the tame of paymen~ of the indebtedness or any part thereof secured hereby. - -b. 1!{e will pay al! ground rettts, taxes, asse~sslnents, water rates, and other governnteutal or munici- pal charges, fines, or impositions, levied upon said premises and that he will pay all tax€:s levied upon this arortg~ge: or the debt secureel thereby, together with any ether taxes or assessments which may be levied under thel:ws of Nebraska against the Rfortgagee,or the legal holder of said principal note, cn account of to ie inrlnV twines, szxewpt when payment far all such items has theretofore been made under (a) of para- graph 2 hereof, and he will promptly deliver the otticia3 receipts therefor to the Riortgagce, in defaui# thereof the Mortgagee may pay the same.