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Ta HAE~h] eanuD To HOLD the same. untcu the;! ..It~it-tt,>a~~g~p, as harhri-lot p~r~c:~~~ i:,9r;;d, 'DSo~rtgagoa• tol~rt•u;n~~nts t,c~~. and cc,venanbs w~itlt, thct Mortga~,ate, that t~ltc:~r <~4S,ortg.~~tg;ar bas g.,t~r:'~c,9, t:ghe: f.cr :.ell a,uil convey said 1,3r~~rntsc~s: that they arc- free from eneuntbt•ance, except as hereinnther!c~isc• recited ;that the iVTortgagar. will ~t•arrant and defend the same against the lawful claims sf all persons whontsoecer. Mortgagot• hereby relutquishes all rights of homestead, ail marital rights. either in law or in equity-, and all other contingent in+erests of the Iklortgagor in at;d to the above-described premise,. PROVIDED Al.w~xs, and these presents are executed and deli,•ered upon the following conditions, to wit: Mortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum with interest from date at the rate of Ten and one half per centum {1 p , gi•) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of Mortgage Plus Incorporated in Englewood , Colorado , or at such other place as the holder of the note may designate in writing delivered or mailed to the iilortgagor, in monthly installments of Three Hundred Ninety Three 45/100Dollars ($ 393.45 ), commencing on the first clay of November ,19 7 g, 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 _^.nd interest shall be clue and payable on the first day of October 2009 ;all accot•ding to the terms of a certain promissory note of ever. date herewith executed by the said ;<lortgagor. The Mortgagor further agrees: 1. He n•ill pay- the indebtechtess, as hereinbefore prodded. Privilege is t•eserved to prepay at any- time, without premium or fee. the entire indebtedness yr any part thereof not less than the amount of one installment, or one hundred dollars 0100.00), whichever is less. Prepayment in full shall be credited on the date received. Partial prepayment, other than on an instillment due date, nerd not 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 sc~ need hereby, Mortgagor will pay to bortgagee, as trustee, (under the terms of this trust as hereinafter stated) o^ the nest day of each mont}t until said note is fu}iy paid: (a) A sum equal to the ground rents, if any, next due, plus the premiums that will nest become due and payable on policies of (}re and other hazard insurance covering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as estimated by the Mol-t- gagee, and of !vhic•h the Mortgagor is notified} Iess all sums already paid therefor divided by the number of months to elapse hefare one month prior to the date when such ground rents, premiums, taxes and assessments kill 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 (a) and those payable on the note secured hereby-, shall he paid in a singe payment each month, to be applied to tl'ie folloty- ingitems inthe order stated (t) gt•ound rents, taxes, assessments, Lire and other hazard insurance premiums; (tI) interest ou the note secured hereby; and (III) amortization of the principal of said note. Any deficiency in the amc,turt of anc such aggregate monthly payment shall, unless made good by the ;4ortgagor prior to the due data of dte next such payment, coatstitute an event of 3efault tinder this mortgage. At Mortgagee's option, .lortgagor will pay a "late charge" net exceed- ing four per ccutunt (-1'~~) of any iusta}I ment when. paid more than fifteen (li>) days after the dtte date thereof to cover t}._. ~~xt;,, ._ ,p!, __ involved in handling dohnquentpxyments, but such "late charge" shall net ,e payable nut t3tjthe pt~ucdeds of any s<de made to satisfy the indebted- ndss secured hereby, unless such proceeds see suttic•ient to dischat°ge the entire indebtedness and all peeper costs and expenses secured thereby. 3. If the total of the payments made by the Mortgagor under (a) of paragraph 2 preceding shah exceed the amount of payments actually made by the R°tortgagee, as trusted, for ground rents, taxes and assessments or insurance, premiums, as the case may Ix, such excess shall be credited by the Mortgagee on subsequent payments to be made by the Mortgagor far such items ar, at Aiortgagee's option, as trustee, shall be refunded to btot•tgagor. If, hoyvevet•, such monthly payments shall net be sufficient to pay such items when tho same shalt become due and payable, then the blartgagar shall pay to the ivtortgagcs, as trustee, xny amount necessary to make up the deficiency within thirty (30) days after written native from the Martgagt.~e stating the amount of the deficiency, which notice matt' be given by math. If at atny time the Mortgagee shall tender to the Mortgagee, in accordance with the provisions of the note secured hereby, full payment of the entire indebtednessg represented thereby, the biortgagde, as trustee, shall, in computing the amount of such indebtedness, credit to the account of the Mortgagor any credit balance accumulated under the: provisions of ta) of paragraph 2 hereof. If Chore shall be a default under any of the ptovisions of this mortgage resulting in a public sale of the premises covered hereby, or if the Mortgagee acquires the property otheryise after default, the 11lortgagee, as trustee, shall apply, of 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 (a) of paragraph 2 preceding, as a credit on the interest accrued and unpaid anti the balance to the principal then remaining unpaid on said note. 4. The lien of this instrument 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. '. ~ 6. "FIe mill pay ail ground rents, `axes, assessments, water rates, and other governmental or munici- pal charges, fines, or impositions, levied upon said premises and that he will nay all taxes levied upon this mortgage, ar the debt secured thereby, together with any other taxes or assessments which may be levied under the laws of ~iebraska against the Mortgagee, or the legal holder of said principal note, on account of this indebtedness, except when paymtent for all such items has theretofore been made under (a) of para- graph 2 hereof, and he will promptly deliver the official receipts t}erefor to the Mortgagee. In default thereof the Mortgagee may pay the same.