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,.,:~~t4 aG~~t~ -- S1IT, ~R r.. XY i.,.. nXXnYru~--~~ _ n}, nl; cj-t R.'1's P. , i~~+v~c~l ~INi~rAdirlA51L sI=.~iawrl~c~~ ..r r ,... ....+ « ,... AGREED RATE OF CHARGE ON PROMISSORY NOTE E7fECliTED CONC(SRRENTLY H£REWfIH: 2~ per month on that part a[ the unp~it batassce of the Amount Financed not exceeding 51,000;1'h7. per month on any part thereolexceedirig 51,600 but rot ezceediag 55,000: 1'G%per month on the remainder. WITNESSETH. that Mortgagor{s}, does mortgage, grant. bargain, sell, and eomey, unto Mortgages, its successors or assigns the folbwirtg described !teal Estate in the county of H?!LL ,State of Nebraska, to wit: 'J'4;C -'~qi',-7~.z~e•r vt~~,q TCR r' TS: f' C(!'lT.1s?CCT rlr_1~pT~'U !1F '{•r3^ C~rIr~T-tR[tS? (,}t?~R'('CR t)r SF,^,TT?~' 'J'ujRTF,t:r± ()~ys Tn1.ItfS!-Ijp cQ.: fly)) `IGR'I'=s ;fpejrc' TcF7 ~5fi), ,tFgT !'~ :?-fF ~T'-r R.t! r ;?~lI r(i~N1Vr "iC?Rd Ci/G~ _ , together with all buildings and improvements now or hereafter erected thereon and all screens, awnings, shades, storm sash and blinds, and heating, lighting, plumb:;.g, gas, ee.^u:c, ventilatirb, rz*.::gzzati.^,g a^d r-or*.ditioni. a e~,~ipmPnt u~dvn aanneet+an herewith. all of whch, for the glrgase of tlti mortgagz .shalt be deemed fixtures acrd subject to the yen hereof, and the hereditaments sad appurtenances pertaining to the property above described, and aU streets, lanes, alleps, passages, ways, waters, water courses, rights, liberties and privileges, whatsoever thereunto belonging ar in anywise appertaining and the reversions and remainders. all of which is referred- to hereinafter as [hc "premises". TO HAVE AND TO HOLD the above-0escribed premises, with the appurtenances and fixtures, unto the said Mortgagee, its successors and assigns, forever, for the purposes seed uses herein set forth, free from all rights and benefits under and by virtue of any Homestead Exemption Laws of the State of Nebraska which may be enacted, which said rights and benefits the said Mortgagor does hereby expressly release and waive. Mortgagor also assigns to Mortgagee all renu, issues and profits of sae! premises, reserving the right to collect and use the same, with or without taking possession of the premises, during continuance of default hereunder, and during continuance of such default authorizing Mortgagee to enter upon said premises andJor to eoLect and enforce the same without regard to adequacy of any security fee [he indebtedness hereby secured by any awful means including - appointment of a receiver in the name of any party hereto, and to apply the same less costs and expenses of operation and collection, including reasombte ai[omey's fees, upon any indebtedness secured hereby, in such order as Mortgagee may determine. FOR THE PURPOSE OP SECIiRING: pi Performance of each agreement of Mortgagor wntained herein; (2) Payment of the principal sum wish interest., as provided in accordance with the terms and provisions of a Promissory Note /Loan Agreement (hereinafter referred to as "promissory noce'~ _ dated N7V~"RF.F*. 2? 1A7~ ,herewith zxecuted by Mortgagor and payable to the order of Mortgagee, in the principal sum of 5 F"Q`a.f+0 ,and having the date of its frost payment due on_ Apr ~'-"p-~pa ~~ i0A7 - , ar as extended, deferred ar rescheduled by renewal or reftnanee: {3) Payment of an}• additional advances. with interest thereon, as may hereafter be loaned by Mortgagee to Mortgagor in a maximum sum oT' $7,000,00 within 10 ycazs from the date of this Mortgage; (4) The payment of any money that may be advanced by the Mortgagee to Mortgagor for any reason or to third polies, with interest thereon. whzre the amounts are advanced to prate:'t the secw-ity a: in accazdaaez with the wsenants of this Mortgage; t5) Any renewal, refmaneiria or extension of said promissory ease, ar any other agreement to pay which may he substituted therefor. - All paymznis made by Mortgagor on the obligation secured by this Mortgage shalt be apphed in the fottowing order: t-1R5t: To the paYn`-zni of taxes and assessmznts that may be lev-red andasst-;sod against said premises; in-ratraz praniutns, repairs. and- all aBter -. charges grid expenses agreed to be paid by he Mortgagor. - SECOND: To the payment of interest due on said [oan. - -: - - - - - - - - --- - ----_--- - TH1RD: To the payment of principld. TO PROTECT THE SECCRITY HEREOF, b10RTGAGOR(S) COVENANTS AND AGREES' {1) to keep said premises insured against loss by Ere and other hazards, casualty and contingeocizs up to the full vatuc of all improvements for thz protection of Mortgagee in such manner, in such amounts, and in such ~mpatties as Mortgagee may from time to time approve, and that loss prauxxl.s (less expense of collection) shall, at Mortgagee's option, be applied on said indebtedness, whether due or not or to the restoration of said improvements. In went of loss Mortgagor will give immediate notice by mail to the Mortgagee, who may make proof of loss if no[ made prompfly by Mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such loss dvectty to the Mortgage instead of to the Mortgagor. t?) To pay aU taxes and special assessments of any kind That have been or may be Levied or assessed upon said premises, and to deliver to Moregagee, upon request oP the Mortgagee, the official receipt showing payioent of MI arch fazes atM assesuttents. (3) In the event of default by Mortgagor under Paragraphs 1 or 2 shore, Mortgagee, at its option, may (a) place and keep xuch insurance above provided for tit force throughout the life of this Mortgage and pay the reasonable premiums and charges therefor; (b)- pa} all said taxes and assessments without deter[nining the validity thereof; and (c) Pay such liens and all such distrursements shall be deemed a part of the indebtedness secured by this Mortgage and shall be vnmedia[ely due and payable by Mortgagor to Mortgagee. {4y To keep the buildings and other imprvvcrrten?s now existing or hereafter erected in good condition and repair, not iu a~mtnii ar suffer any' wasv or any use of said premises contrary' to zesiricticwts of record oz wntrary ie law, and to permit Mortgagee to enter at all reasonable times for the purpose of inspecting the premises: not [o remove ar demolish any building thereon; to restore promptly and in a good and workmanlike inserter any buiMings which may° be damaged or destroyed tAxrean, and to pay, when due, all craters for labor performed and materials furnis#ted herefor: t5! That he will pay, promptly the indebtedness szcured hereby, and perform all other ablil<ations in full compliance with the centre of said Promissory Notz and this Mortgage; (6i That the time of payment of the indebtedness hereby secured, or of any portion Uereof, may be extended or renewed, and any Iwrtions of the premises herein described may, without twtitx, be released from Ltte lien hereof, without reffiasing or affecting he personal liability of any person or the priority of this Mortgage; (?) The[ he does hereby forever warrant and will forever defend the title and possession [hereof against the tawful cretins of any and all persons whatsoever. - IT IS ail_ITlf4LLY AGR-EtD THAT: (1) If the said Mortgagor shaA fail or neglect to pay installments on said Promissory Note as the satrte may hereafter - tw~anrz dta, m upon de€ault in performance of any agreement herennder, ar upon sale or ether disposition of the premises by Maregsgve, ar should any - actin or proceeding be fried in any cortrt to enforce any lit:-n an, claim agaitrs[ or interest its the premises, then all sums owitrg by the Mortgagor to tfle Mortgagee undo this Mortgage or under the Promissory Note secured hereby s1taU immediately become due and payable at the option of the Mortgagee, - _ on the application Of the Motgagee, or assignee, or any ohet person w•ha may be entitled to the monies due thereon. In such event the Mortgagee shall - have the tight inirstcdiately to foreetose ittis mortgage. by complaint for that purpose, and Bach complaint may be prosecuted to judgmrnt srid execution and sale for the collection of the ~wSiok amotutt of the indebtedness a[id interest thereon, including reasonable attorney's fees, any amounts advanced - - -pursuarrt- to this mortgage, costs of suit, and costs of sate, if permitted -by 4aw. - t2) In the want said premises are sotd at a foreclosure sale, Mortgagor{s} shall tie liable Cor any deficiency remaining after sale of the premises if pzrmined by - law, and applicaton of t3te proceeds of said sate to the lydebtedness secured and-to the expenses o[ foreclosure, including Mortgagee's reesonabir attorney's - fees aitd Segal expenses if aQowed by law. _- {3) Mortgagee shall be snbrogated to the Lien ~of any and all prior encumbranus, liens or charges paid and discharged from the procrsds of the teen hereby secured, and ayes though said prior !terra have bee* released of record, the repayment of said indebtzdness sfiatl be secured by suc!t liens on the - - aortiorrs of said przmirox affet'ted tltasebY to the ezunt of -au:h paymei#ts, regieativety. {4) W`hzrtxvei, by the terms of this instttttrtent or of said Promissory Nofe, Mortgagze is giren any option, such eptson may be exercise) when the nigh: a:.~-.rs-or at-:ny tiitta *.sefxr, atuS-no-gtattce by Mox~agx ofpaymtrtt of tr~+ebtednes~a in default shall vnsti#nte a wai,er of any default then ' exis#Lng a~ co^r=n-~ ar itt~ zaltp• sees+°g. r4-ba]E CFr E1r. 8-791 tiE