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~~"u ~l~iFi3a7lY To Tlnt~r;, :tr~rp To IToi,u the: ~, tine ran~to the 14Y~Iortgagee, t, herein pre,~eided. :4lortgagor repr c~c~nts to, and co~tnaxtts with, the tiiortgagee, that the ~Tetrtgagm• has gr,rtie' t,g,itl; to st;H and avnvey said pr°em,ises; tlra.t they are frets From encunrbranec, exccht as laereinotherwt•ise, r•,•~cit'ed; that t.}te Mortgagor zt-ill warrant and defend the same against the lawfal claims of all persons tchvmsvever. Mortgagot• hereby reliugttishes all rights of homestead, all marital rights, either in law ve in equity, and all other contingent interests of the hivrtgagor ir. and to the above-described premises. PxocmaD ~it,tva~'s, and these presents are executed and delivered upon the following conditions, to wit: Mortgagor agrees to pay to the I<lot•tgagee, or order, the aforesaid principal sum tritlt interest front date at the rate of Ten and one half Per centum (10 . ~~) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the vfiice 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 Mortgagor, in monthly installments of Three Hundred Thirty Eight 55/100t~o11ars ($ 33 S . 55 ),commencing on the first day of December , 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 interest shah ba clue and payable on the first day of November 2009 ;all according to the terms of a ccr~tain promissory note of even date heeetvith executed by the said Mortgagor. The Mortgagor further agrees: 1. He will pay the indebtedness, as hereinbefot•e provided. Privilege is reserved to prepay at any time, without premium or fcc, the entire indebtedness or any pact thereof not less than the amaunt of one installment, or one hundred dollars ($100.00), whichever is less. Prepayment in full shall be credited on the date received. Partial prepayment, other than on an installment due date, need not be credited until the next following installment due date or thirty days after such prepayment, whichever is earlier. 2. Together 4vith, and in addition to, the monthly payments of principal and interest payable under the t,€rms of the note sc~cur-ed hereby, itiortgagor will pay to MortgagoY, as trustee, (antler the terms of this trust as hereinafter stated) on the fire day of sash month until said note is fully paid: (a) ~ sum equal to the ground rents, if any, next line, plus the premiums that will next become due and payable on pol;cies vf. fire and other hazard insurance coveting the mortgaged property, plus tales and assessments next doe ou the rnw•tgaged property (all as estimated by the Mort- gagee, and of «~hich the ~iortgagm• is notified) less all stints already paid therefor divided by the number of mouths to elapse before one month prior to the date tt•hen such ground rents, premiums, tales and assessments F~•ill become delinquent, such sums to be held by Mortgagee in trust to pay said grounri rents, premiums, taxes and special assessments. (b) The aggi•egate of the amounts payable aursuant to subparagraph (u) and those payable vn the note secured hcreb}-, shall be paid in a single payment each month, tv be applied to the follow- ing items iu t}te nrrier stated (i) groanrl rents, taxes, assessments, fire and other hazard insurance premiums; (II) interest on the note secured hereby; and (III} amortization of the principal of said note. ~~ny deficiency in the amount ,~f an~~• such aggregate nxntthfy payment Shall, unless made g€xtd by Cho Mortgagor prior to th€• due date of the next such pa;•:nent, cousti{ate an et•ent of default undet• this mortgage. :fit Mortgagee's ul)Titin, tortgagor will pay a .'late charge„ not exLeetl- ittg fottt• pt•r c:~tttunt (:I rs } of arty irtstali nient ;, hen paid more tlietn fifteen (13) days after the due date thereof f_o eu~•er the €•xtrat €•xl,<~;.s€r i:tt•ole'e€1 iu handling dt=hn,~tt~rtt p~,~m,ents, but sorb „late char};e" shall trot be payable out of thr~ prcrce„1s «1• at z _,.t,~ t,.ad€; tuaat~fy Ch ~ indebtr~- ness secured hereby, unless such prcxeeds arc ::u:lirient 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 '?, preceding shad exceed the amount of payments actually made by the Mortgagee, as trustee, for• ground rent~., taxes and assessments or insurance premiums, as the ease may be, such excess shall be credited by the Mortgagee on subsequent payments tv be made by the Mortgagor for such items or, at Mortgagee's option, as truste=e, shall be refunded to \Tortgagor. !f, i*orovever, such monthly payments shall nut be sufi'rcient to pay such items when the same shall become due acrd payable, then the bortgagor shall paty to the Murt~ ages, xs trust€~c,, any amotutt necessary to make up the deficiency within thirty (30) clays after written notice from the Mortgagee stating the amount of the deficiency, which notice may be given by mail. If at ztn~• time the Mortgagor shall tender to the bTor•tgagee, in accordance with the provisions of the nuts secured hereby, full payment of the entire indebtedness represented thet•ebv, the iviortgagee, as trustee, shall, in computing the amount of such indebtedness, credit to the account of t}te Mortgagor any credit balance accumulated under the provisions of (a) of paragraph 2 hereof, if there shall be a default under any of the provisions of this mortgage resulting in a public sale of the premises cover~'ti hereby, or if the Mortgagee acquires the property otherwise after default, the ZTvrtgagee, as Crulle=r, 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 (a) of paragraph 2 preceding, as a credit on the interest accrued and unpaid and the balance to the principal then remaining unpaid on said nose. 9. The lien of this instrument shall remain in full force and eliect during any postponement or exten- sion of the time of payment of the indebtedness or any part t}tereof secured hereby. • ?6. He'will pay all ground rents, taxes, assessments, water rates, and other governmental or munici- pal charges, fines, or impositious, 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 yr assessments which may be levied tinder the laws of Nebraska against the Mortgagee, or the Icgal holder of said principal nuts, on account of this indebtedness, except when payment for all such items has theretofore been made tinder (a) of para- graph 2 hereof, and he will promptly delir-er the ofi5cial receipts therefor io the Bortgagee. Tn default thereof the Mortgagee may pay the same.