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80-p~.~, ;~~. To HnvE nrto To Hot,o the same unto the mortgagee, as herein provided. Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to Boll and convey said premises; that they are free from encumbrance, except as hereinotherrvise recited ;that the mortgagor tic•ill warrant and defend the same against the lawful 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. Pttovtngn ALwnYS, and these presents are executed and delivered upon the following conditions, to- wn: i\lortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum with interest from date at the rate of ~l even and one half per centum jl. X0•,0) Per annum on the unpaid balance until paid. The said principal anct interest shall be payable ut the office of Commercial Federal Svgs ,5 Loan Assn. in Omaha, lieh-raska , ar at such other place as the holder of the note may designate in writing delivered or mailed to tha i\dortgagor, in monthly installments of Five hundred and sixty nine and Dollars ($ ;C9, gg ), commencing nn the first day of Setatemkter. 1 , 1cJ g0 ,and continuing on 83J1DD. 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 shall he due and payable on the lust day of August 1, ?610 ;all according to the terms of a certain promissory note of even date herewith executed by the said Dortgagor. The Mm•tgagor further agr•ces: 1. He will pay the indebtedness, as hereinbel•m•r provided. Privilege is reserved to prepay at any time, without premium or° fee, ttie entire indebtedness or arty part thereof not Less than the amount 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 eazlier. 2. Together with, and in addition to, the monthly payments of principal and interest payable under the terms of the note secured hereby, Mortgagor n•ili pay to biorztgagee, as trustee, {under the terms of this trust as hereinafter stated) on the first day of each month until said note is fully paid: (u) ~ sum canal to the gt•ound rents, if .my, nest due, plus the premiums that will next become due and payable un policies of fire and other hazard insurance covering the mortgaged property, plus tales and assessments nest clue on the mortgaged property (all as estimated by the 31ort- gagee, and of n bier the Mortgagor is uui.ifuaU Ivss aIl sums already paid therefor divided by the number of months to elapse bclbro one mouth prior to the date when such ground rents, premiums, taxes and assessments will 6orome deihu{umtt, such sums to be held by Mortgagee in trust to pay said ground rents, premiums, taxes turd spociul assessments. ((a) 'Phe aggregate of the amounts payable pursuant to subparagraph (ct) and those payable on the note secured herel,~, shah i,o paifl in ;t single payment earls tnontit, to be applied to the follow- ing items in the t~rder stated (t) ,;round reris, t<rx:~s, nsst~:rsntG-tti;. lire <tnd .:that hazar.i insurzn+•e premiums; its) irterestrintheuotesecuresl!.ereby;and fttt} amortization of the princtpal of :~tti;l aura, At. ...._.r . .. ........ ............ .r" . _uct; .t~;grx•kae- e_nu .a!.tna r ttl s made goad ~~ ~ - - ~ - - - i tt -,nail, tl e9 try'.hc-~~1~_..L..,,,r~~ ltr...= te~l,~et.,...i3ta r{ . r;, -t~~n~hlt.j-nt~mt, insttttrtenneventofdefsutt under thi; mortuake. At Aiw tga>;oir's option. ~lart.gagor will pay° a "IaOe charge" not exceed- ing fnur per cruttint t~i' ~) rtf ;ray install nmat :vhen paid Wrote than lifteeu (la) days aftet• the. due dory thrreot to rover rite ~~strn cxpenac iur'olvvel iu handling dcliuqueul puyntents, bttt such "late charge" shall nvt by payable out u!' flu; pt nceods of any sah~ utxde to satisfy the indebted- n~ss sr~-urea 3 h~~rrby, uttlcs such pnrcer•ds are sutlit,:irntt to d iselzarge dte coffee indebtedness and all })roper eos~' turd exlx~usus scrureel thr•rrby. ;l. 1f the: fatal of the payments made by the Mortgagnr under (rr) af• paragraph 1~, preceding shall oxceed the amount of Payments actually made by the ;41ru•tgagr~, as trustee, (or ground rents. taxes wind assessments ur iusurnnce ln•entiums, as the case may 1>t, suoh excess sltail he credited I?y the Mortgagrr on subswlueat paymanks to be made by thu Mortgagor for such iGmw ut•, at 1ltorfgagces optinrr, as truster, shall be refunded to ,Mortgagor. (f, however, such monthly payntanls shall nut he sufhcient to pay such iCems when the same shall hca:nme due and fiayable, than thrs ilprt.g:r}fur shall Pay nr ehr Mort~zt;rw~, a; U•uske_u, any amount n<?ceasaCS to mtrkc tal'a the. deficiency within thirty t:=0} d1lYS offer a rttten natu•e front lire Mortga~ mating the atnaunt of the deficiency, rvlrich notice miry= br- given by mail. If at any time the Mortgagor slutll tender to Rte Mortgagee, its accerrdamx~ with 11u~ pruvtstons rd~ rho; note arcurr+d hereby. full payment of the _•ttt.ire inlebtexlnrss .ues•tttt~•tt chat by, rite 4c rts~a~e+ ~ trust: hall, in computing the Euttount of sucl: itrclebtedn+<*~, ereelit ter the-,tcr•ouut ref the :ttotiga>q,rr my rreoht b:rkutcu aceuntulaled under the provisions of (a) of• parag`raph'.: hea•eof. if there= shall he~ a riefautt mtder tuty~ of the provisions of Ibis mart>taga rosutting in tr prtlrlie .+~la of the promises r-are•rc•d hereby, or ~f tiae Mot•tgagcc acyttires rho property otherwise. after ricfuult, Lhe ]lortgugoet fur trust,~e~, :.haul altlsly, at the Eime oP the commenccntant of such ptviceed}ngs, or• at the tuna the property is uthorwisr accluirrcl, the amauut than ratnaining to credit the Mortgagor ardor (a) of Paragraph 8 precadietg, -rs a reedit urr the inkerext accrued and mt~tid autd the balance to the principal then remainittl; unpaid on sa}d tnatc. d. The iiott of this instrunte•ttt sh;tll remain ire Cult force and rdfect rhn-ing:rat} pu3t(tuncmC(tt or cxtiu- sion of the time of pea ntent of the indnbteduusx+tr :ur}' part t hereof secured he•rcity. ft, Ile will iwy all ground rent,, taxes, as=cssntrttts, trtrter rzttes, :utd othet• >;r~v.rnmr ntxl err munici- pal charges, tines, or impositions, levied alxrn said pt~:mises oral that he rcili pay :d! rases Ir•cied upou this mortgage. or tha debt sc~•uecd Utereby, together with auy nthc'e tasia=; ru• asse~stnrsuts uhirh tray be ir~ciad undee rite laws ut Nebraska aytuirtst the A[urtgague, <n• the legal holder c,t :..rid prinetlxtl auto, rue account of this }rtdcl:[educss, eswtrt when paynuttt for :ell such item:. has lhon•,•G,fo;~e I,r.~n maeie utnlar .u 1 of para.. graph 2 harcof, noel hw will promptly deliver the uftir•inl rr~rcipi;~ thcrr.dur t.o rho ,liurtt;:rgrr, in .L. ftutfl thcraof tho~ Mor tjnrgue Woos pay 4hc stwtr.