<br />79-i ~~ e~~-t
<br />To Has`E a~1, To 1[otn the same unto the ;[ortgagee, as herein prntidrvl. 1lfortgagur represonts w,
<br />and cotenant, s+'ith, the ~Inrigagec, that the.llortgagor has gou,i riglitto sell and sunray said premises:
<br />t-hat titer are free from cnrntnlirance, except ::: h:•rein„th,,t~tcise~ r, cited; that Lire tilortgagor trill trarrant
<br />and dr?end the same against Lim }at+ fnl cktims of ail persens whom>nrvor. 9lnrtgagor hereby relinquishes
<br />all rights of hiunestcad, a}I marital I•ights, eitker ir. Iar: or iu cquit~. ;uu1 aSl other anriingent interests of
<br />the 3lartgrsgor ir. and to Ute abets dirscrit,<°d premises.
<br />YQot-1aEa at.,r.ars. and Ilt~se p_esents are ctectlted aucl delivered upon the tollotting conditions, to
<br />R'?t:
<br />11~+: i~ g+ar=.~r,~s t;~ 1 ~r to the \lort4 .gee, ::'.-archer, the alc,rr•caitl 1?rincip.:1. sum +cith interest from date
<br />at the ;ate of Eleven fr one halms per cenuutt (1 i . 5') per annum on fire unpaid balance until geld.
<br />The said ta•inrina}and intcresf shall be parch}~~ at rite office of Mortgage Pius Incorporated
<br />in it g lewooe , CoICT 3GtC' , or st such utl=.ee place as the holder of rite note n?ac designate in
<br />ttr-itir,~ de,iterrd c1 nt;uled in the Jl~,+.*.gagor, _.?. nt~a;ihl>' installments of Two Hundred Fifty Seven
<br />~a.tiUQ?oliarst? 2~?.06 t..~~,t„m.~r•+=ingonti?eurs;•?:,>-of January .1980 ,andcor.tinait;gon
<br />the rst r.'ay _tf ~.?. ..~ ......i:rr<•a;rr-r until said r.,,t~ i_, iulh' paid. estept that, if not. sooner ptud, the Tina!
<br />,,a~ rte1:± i,f pr?n< ~, -1 :n:<~res, J til } - -;ue a.. l,a~-:+ule. u? :Le Sirst dad of December 2 0 Q 9 ; al}
<br />a.atniing to the _, I.1.s ~,. a+ _<? i.:_: N cnn. sun n; n „t et t, ,rate h<reo rth executed b~- the said Afot•tgagar.
<br />The Moa•tga.go. ;`.,, t'_~,. ~•es:
<br />1. Fie tail: p t 1 t t t ~ ? It pe+•t'.1• .l I'= it ilea- Seserted to prepay at, and
<br />?ime_ .c ?'.]tout P? <.-,:,,... ~_. ,:.,~, .:.:-, :.t.+, ,_ ., . • ~ ..s?t~. p.:r, thereof not I °s~ than the amount of one
<br />insta}imert, cr cute hundred d~liars j~1110.d01, ,chtt•heter is i~~ss. Prel,aymeni m lull shal} he credttc-~d on
<br />the date rneired. F.3rtia( }zrel,a~-ment, ether th:ut on an ittstttiment due date, need not be rrediLed until
<br /><~~ next follssw'mg installment due date Ur thirty da~_ after such prel,aynzent, ttihichrter is ,~arlfer.
<br />'?, Together stir}t, and in additiott to, the mralthlc pad nr•uts of principal and interest payable under
<br />the Term: of t}se Harr s,ti~u12'd }:~•rehy. ~longag„r t+ ill px>~ •.,+ Mrn-tgag;~~, as hvstre,r under the terms of this
<br />trust:a-z hereinafter stated] on thr~ first dad of each mi?I?th until slid note i. full>' paid:
<br />fu 1 .~ cum Anal to t}I<~ ground r,~nts, if at:v, nr~~f clue-. pins rite premiums that t:'ill next ba~ome due
<br />and payai.i.•;,a p,aiei,~s gut fh2• and ~.-t};_r h:1~~ard insurance covering the mortgaged property,
<br />plus tears and c;>sesstnents next doe oat tl:e m„rtgag;•. propert}- {all as est imated b}-the \iort-
<br />g.:gee, ar.:i :,t t+l:iclt the 32,:rtgagir is n"titied) ]c+~; all sum, a}rcad~- paid thet•etar ditided be
<br />tl:e rumL,~r ,,s n;.a;th= t..-lan>e [,cica~r +~tt~ na,nth pr..'+.• t+, the date tchen such ground renter
<br />premiums, tags alai rise>stnef;ts •., ill b_ .....< +l<•iin,,iie~nt..ar_lt rums to he belt] b}- ~iortgag~
<br />ir. trust *.., pa>~ saicz gr+n?r,~.i rents, pry m:nr.;s, [axes and special awrssments.
<br />t;,? T?tt• ~ggrcL= t< • : ... ,..,:r,nltt.. Ita~ able Ixtrsnant to suhparagral',h ir,') :+nd those 1;a} ab}e on the
<br />note s:•c,.n,i !::~:'<~in, ;iu:ll },~~ luiid u. a sing}r Ira>~mrnt each n?cmth, tv u~ applied to tltr fi,llasc-
<br />tng itrnl' -:111:, . ?llrr 3l ated:
<br />YI ~ y::=-„111;.1 runt., taxi', a_45a _+.^mi•nt~, 21]',' a?7,1 +,t;.2r hRZ-R l`t'I ?II,C I{i'an~•P prc~n1111m8;
<br />i it l ...., .,~,t on the Hate c~>rura.~1 i,e, ebc :.:nd
<br />t2.;), _ ---~_.-_,ti,.., of t}te prirci,.:il :,i said r.~tte.
<br />Win, ,- >
<br />~tl~• der. ; ,-__ ~ 'i; the _,rt,.urt .,. t„ =.+_.? .ag#:r~gat~~ m.~:tthiy p.tl m<•nt chal}, unless made gtx,d
<br />l.i the \l,•?-tl;.ig,~r pri!~r to the iiUC ;l:ztc '~ ;its n<•xt sue}t pad ment, tans*,itutr xl:: +ent of deiaulz
<br />under ti; is fn~~>'*gage. .4t '.icu-tgag<~e s .~lttion, ll„a-tg*vgoi•,~ill pa}- a ":aterhaatge" not exceed-
<br />ing feru~ ; - _ . ~ cm t 1' : I „f t<< _u:Ft:,II ^-:crt ~thrn ,aid more t}tan fifteen (1s) days after the
<br />dile 3-i ,- ,c-~~~\ h~~aa'! \'tk~?;sz 11.:x`.\e+211:ha':,t}:ng d2lf.iti itc'nt Da\-mentS, but out}1
<br />";ate :a.-i•c ~ du .... f js.al~ir • +., r~2 .l.r I - . 3.;- .,,r.,.c:+: t:~ a.9t'.<i1'tlte Indet~ti'd_
<br />ne;,, t:._ <<i i .. . u? :........ 1 , . ...... ~tl.,~i '.is.l;arg<~ th<• cutlet sntlehtedness and
<br />all prop.'?' ~ . ,_, .,.td .>p. tiers s~..,., ,i thrri•bc.
<br />3. I# rho [oral of Llse payrrent~, made br the ~Sert};agor under ln} ei I>iaragraph 4 preceding shad]
<br />exceed the amount. of pa>'ments actually rnxde b> the 9I,u•t}tag«~, a; *.ruste<~, for ground rents, tares and
<br />~se,;menis err insurance premiums, as the .nee may Lte, such excess steal! 1~ credited by the Mortgagee
<br />an subsrtluent payments tcz tk made by the ?ti<,rtb~agt=r f~,r such: it.~nL: c±r, at Mortgagee's option, as t+vsice,
<br />shall be refunded ~t ]lor`wgagor. If, ho,cecer, such me>rt1;1>' (,::;mints s}Sall rot F>e srtTtcient to pas such
<br />it2m.¢ u-lsen fire sane shell b<xx-a.• due and Hya1,'.-z•, thin the lllttrtg,r~,<;r she?1 ~ ') t.+ t}, _• ~lurtgagE~~. as
<br />tzvstee, any amount nrressat~ t.. ma}:e up the •.ie?itiency ,tithin thirty { 3t11 d:3} s aft^r ti ritten notice from
<br />the Mortgagee stating the amount of t}ae iletiiienct`, ,rhic}t ratite ma}' be given by mail. 1f at any titre
<br />i1-,e Mvr`.gagor shall terder• to t_lte lortgagee, in accc,rclance frith '}Se prutisians of the note secured
<br />heresy, fuU payment of the entire inde'atedn~ss represented thereby, the Sortgagee, as trustee, shall.
<br />in rutnputirig the amount of such indc~tedness, credit ut the ae•caunt <:f the 9Sartgagor an}• ereclit balance
<br />aecutnulated under the pro;:siuns of ta't of paragraph ° hereof. if there shall be a default under any
<br />-vf rite pt-orisivns of this mortgage resulting in a public tale of the premises cotered hereby, or if the
<br />M,artgag~ acquires Uae praperh' vtttcrx•ise after defrtu}t, the ~lartgagee, as truster, she}} :apply, ai the
<br />Tune of tlse cvtnmencement ai sueis pn>crYdings, or at the t3rne rho- p=`~~perty is atherss-ise atgltired, the
<br />amount then remaining to credit the :44arkgagor under {a) of paragraph `? preceding, as a credit on the
<br />interest accrued and unpaid and the balance to the principal then remaining unpaid on said note.
<br />d. The Iien vi this instrument she}1 remain in fall force acrd z-freer during an}• post lionrment or exten-
<br />;3}ior_ of Use ~+ne of payment of rite indebtedness or am part thereof secured hereby.
<br />5. He mill nap a}} ground rents, taxes, assessments, hater rates, and other gut•erumentai err munici-
<br />pal ehargea, fines, err impvsiYivns, lerit d upon said premises and that he u~i)1 pad' al} taxes ]cried upon this
<br />mortgage, or tlse debt secured theret;y, iagether t+ith any at}ti•r tuxes or assessnl~•nts tthith may be levied
<br />under thela~s of *yebraska agains: the'_+lortgagee, err tree legal holder ui acid principal note, an account of
<br />Utis indebtedness, except ,+hen pagutent fcr aq such iteme has th,>retofore iseen made under (a) of para-
<br />graph ;hereof, and he +till promptly delives• the official receipts therefor to thc•llortgagee. In default
<br />thereof the Mortgagee ma}• pay the saute.
<br />
|