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TO HayE axn To HOLD the same unto the Rortgagee, as herein provided. Mortgagor represents to, and rnvenants with, the Mortgagee, that the \iortgagor has good right to sell and convey said premises; that they are free from encumbrance, except as hereinotherwise recited ;that the Mortgagor will warrant and defend the same against the lau-ful claims of all persons whomsoever. ;Mortgagor hereby relinquishes all rights of homestead, all marital rights, either in law or in equity, and all other contingent interests of the :Mortgagor in and to the above-described premises. PROV2DEp AL4yAYJ, and these presents are executed and delivered upon the following conditions, to wit: Rortgagor agrees to pap to the iFIortgagee, or order, the aforesaid principal sum with interest Pram date at the rage of Thirteen per centum (l3 ~o) per.tnnunt on the wtpaid balance until paid. The said principal and interest shall be payable at the office of First National Bank in Hastinc~, Nebraska , or at such other place as the holder of the note Wray designate in writing delivered ar mailed to the Mortgagor. in monthly installments of Five Hundred Thirty-Six and 51/100--- Dollats {$ 536.51 ), commencing on the first day of Apri I , 19$0 ,and continuing on the first day of each month thereafter until said note is fulls paid, except that, if not sooner paid, the final payruent of principal and interes*_ shall be c?ue aml payable on the first dac of March, 2010 ;all according to the terms of a certain prumissorc Hole of even date hereii•ith executed by the said 11lortgagor. The Mortgagor further ag~ies: L He will pay the indebtedness, as Here inbet'"ore provided. Privilege is reserved to prepay at any time, without premium ar f«•. the entire indebtedness or any part thereof not les_e than the amount of one installment, or one hundred dollars {5100.f23), whichever is Less. Prepayment in full shall be credited on the date receia~rl. Partial prepayment, athex than on an installment due date, need not be credited until the nest followirte installment due date or thirty days after such prepayment, whichever is earlier. ?. Together with, and in addition to, the monthly payments of principal and interest payable under the terms of the note secured henbc, ?liartgagor a ill pay to Mortgagee,,t_c trusttv~, (under the terms of this trust as hemin~fter stated) on the first day of each month until said note is fully paid: (a) A sum a~t}val io tlae grnurd rents, if an} ,next Sue, plus the premiums that null ne_rt become due and payable un twlicies of fire and other hazard insurance cav:ring the mortgaged property, plus tales and assessments nest due on the mot4gaged prepertr (all as estimated by the Mort- gagee, at.d of ~iltich the 3iiu•tgagor is notitiE~d) ]c-s all sums alreadc paid Therefor divided by the numtxr of month;. to elapse 1>zfra•e un,- month prior in the date when such groand rents, pt~miunis, taxis and a~~~,;sm~-nts gill br~umc delinquent, )uch sums to be head bS- Mortgagee in trust to par said ground n•nis, premiums, rases and special assessments. (b) The aggregate of thti• amuunL payable pursuant to sabparagraph tat and Chase pa)able on the note serund hers°b~, shall lx; paid in a single pa~-mznt each wonth, Yo bz applied to the follow- ing items in the onjer siateti {t) ~nxtund rents, taxes, ass-ssntents, fire and i,ther hazard insurance premiums; {n) interest on the Hate ~~ured hereby; and tlil) ~amc+riiaation of t]ie principal cif said Hate. any defiriencc in the antntmt of any such aggt•e}*atr, monthly payment sltatl, unless made goad by the \1a~rig-agar pric+t• to Lhr due date .,i the next ;uch pati incur, ~c,nstitute an event of defarilt under this nrastgage. Atllc,rtr zg,=e's uptian, llurtgagor will pay a "late charge„ not exceed- ing four per r,~ntum t t') of an} ittst<tli mc•nt .Then paid me+re than fifteen { 151 days after the dne d5ie ilrirrii,f ici raiser the e-sire i'x}a•tise fill',+?ye,i in lisridiir:gc'aelingitent paytents, but such "]ate eltarge" shall not lte parable i~ut of the procecvls of any ,ale tnade to satisfy the indebted- nesasecured hereby, uvless sorb pre,cerds are sutfiriettt io disrhar}re the entire indebtedness and all proper iYisLS and expenses sixutri] thereby- , If the total of the payments made lay the Mortgagor under {n) of paragraph "' preceding shall exceed the amount of payments actually made by the Mortgagee, to trusu~e, far ground rents, taxes and is ar insurance prc>mitmrs, as the rase may be, such excess shall be credited by the Mortgagee on anhaegtxat payments to be made by the Mortga$C1r for such items ar, at Mnrigagrv~'s option, as trustee, shall lac refunded to Mortgagor. lf, hawever, such monthly payments shall not be sutTicient to pay suc•.h iti~ wheat the same shall become due and paS~ble. theft the Mortgagor shall pay to the .liortgagc~, as tattst~ any atnotrat wry to make up the defirienty within thirty { ;tt) days after a ritten no*.ice from ~ Mortgagee stating the amount of the deficiency, wlrit3t natiee may be given by mail. If xt an>• time the Mttrtgagnr s3tall tender tct the Mortgagee, is aecarrdance with the provisions of the Hate strured heretty, full pa7,•mest flf the curse indebtedness represented thereby, the Mortgagee, as trusta~r, ;hall, in erunputing #Ite amount of such indebtedness, credit tza the account of the Mortgagor any credit balance aecumulatetl under the provisions of {ct) of paragraph 2 hereaf. If there shall be a default tinder any of the praviaions of this mortgage resulting is a putslic sale of the premises covered hereby, or if the Mortgagee acquires the property otherwise after default, the iiurtgager, as trustee, ,hall apply, at tl:e talm ad' the Connme~emen: of such pt+oeeedings, ar at the time the property is otherwise acquired, the astaraunt they retaining to credit the Alortgagor under {a) arf paragraph 2 preceding. a_K a credit on the interest aecrved and unpaid and the balance to the principal then remaining unpaid on said note. 4. The lien cf this instrument shall remain in full force and et~ect during an:v ;wstponement or exten- sion aaf the time of gay-ment of the indebtedness nr any part thereof secured hereby. 5. $e will piny all ground rents, taxes, assessments, '.rater rates. acrd other gc>rernmeutal ar munici- pal Charges, fines, or impositions, levied upon said premises and Utat he will pay all taxes levied ulwn this mtu4gage. or the debt secured thereby, t,r ;ether w ith any other taxes ur assessments which may be levied under thela>ivirofNebrasl:aagainstthe'+iortgagee,ar the legal holder of said principal nnte, un account of thin indebtedness, except when payment fur all such itetrts has theretofore been made under in) ut para- graph ~ hereof, and he will pwomptty deliver the o[Scial receipts therefor to the ~~lortgagee. In default thereof the Mortgagee ttuty pay the same.