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<br />TD Havg AND To HOLD the same unto the Mortgagee, as herein provided. Mortgagor represents ta,
<br />and covenants with, the $Iortgagee, that the Mortgagor has gaol right to sell and ecnvey said premises;
<br />that they are free fram eneurnbrance, except as hereinotherwise recited ;that the Mortgagor :vill :varrant
<br />and defend the same against the lawful claims of all persons whontsoeves•. Mortgagor hereby relinquishes
<br />all Fights of homestead, all marital rights, either, in law or in equity, and all ether contingent interests of
<br />the=3lm•tgagor in and to the aoove-described premises.
<br />IfiovtDi?D Auvars, and these presents are executed and delivered npnn the folio:ving conditions, to
<br />wit:
<br />Mortgagor agrees to pay to the Mortgagee, or order, the aforesaid principal sum frith interest from date
<br />at the Late of Eleven Fa Fi :'e Tent>i~' centtzm (11 , ~} per annum on the unpaid balance until paid.
<br />The said principal and interestsltallt}epayableattheofficeafFirst Federal Savings $ Loan - York
<br />zn t~urora, Nebraska 68818 ,or at such otherniaceastheholderofthenotemaydesigratein
<br />writing delivered or mailed to the Mortgagor, in monthly installments of Three Hundred Fifty-two5[/ 100
<br />Dollars {g 3 S 2 8,b }, comment-ing on the first day of November 19g 0 . ,and continuing on v
<br />the first day of each month thereafter until said note is fully paid, except that, if not sooner paid, the final
<br />payment of principal and interest shall be due and payable on the first day of October ? 010 :all
<br />according to the terms of a certain promissory note of even date here:vith executed by the said $Iortgagm-.
<br />The Mortgagor further agrees:
<br />1. He will pay the indebtedness, as hereinbefrre provided. I?rivilege is reserved to prepay at any
<br />time, without premium or fee, The. entit•e. indebtedness or any part thereof not less than the amount of one
<br />installment, or one hundred dollars ($100.00), whichever is less. Prepayment (n full shall be credited on
<br />the date received. Partial prepayment, other than on an instalment due date, need not be credited until
<br />the next following installment due date or thirty days after such prepayment, whichever is earlaer.
<br />2. Together with, and in addition to, the monthly payments of principal and interest payable under
<br />the terms of the note secured hereby, Mortgagor wilt pay to $iartgagee, as trustee, {under the terms of this
<br />Trust as hereinafter stated} on the first day of each month until said note is fully paid:
<br />(a} A sum equal to the ground rents, if env, next clue, plus the premiums that will next become due
<br />and payable un policies of fire and uttter haaat•d insurance covering the mortgaged property,
<br />plus taxes and assessments next clue on the ntc,rtgagec! property (all ns estimated by the 14ort-
<br />gagee, and of ,chick the $lortgagor is natifiotl) less all sums already paid therefor divided by
<br />the r=nmoer u€ months to elapse before tmt~ rnnntli prior to the iinte tchen such ground rents,
<br />premiums, taxes and asst: sments will bu Dine delinquent, such sums to be held by Mortgagee
<br />in trust to pat sal ; ground -rants, prE•triums, text; and speCi81 assessments.
<br />{b} The aggregat=_~ of the amounts pn,~abic parsuant tc-• su6pairagtaph (a-j and Those payable on the
<br />note secured hereby, shall bo paid iu a single pa}~m:ant a=ash month, to be applied to the folly:v-
<br />ing items ui the ardor stated
<br />(i) ;_"rasntt rents, loxes, a-.~c•ssiTient.3~ lire and t4.l.er hazard !nstu-aac•e premmms;
<br />(li} irttere52 Vn the Irai.e• ~eCir cell fife r+`i))~ ~ Frnd
<br />l nrl a -„•f iaatinn .,f ih.. n gal „i ~.x iri nnt~.
<br />Arm aelieie•nc}• in thi~aamt:!,ant of an}' such aer;rF~aYo munt.tar pacrt:entsPra!i, unless merle gvsd
<br />by fire ~tior•tgagor prior to the due dst,~ ui the next such paymene, constitute an event of default
<br />under this r'nm-tgage. :',t Meet};agec's nptiur.• AhJrigagur tcii! pay :t "late chaz•ge" not exceed-
<br />ing four pee centum ?-1':;) of any utst.ali moot wht'n gait! more than fifteen (l5 j days after the
<br />due date thereui' to cover the oxtra oxpnose invoiveri hr handling delinquent payments, but such
<br />"hcte charge" shrtlt not be pa}•abie„ uiit of the prnes•r•ds of xny sale tnztrle to satisfy the uulcbted-
<br />nes,4seettred hereby. unless such provo,vi.c :+re autticreut, to dischttru_ e the entire indebtedness and
<br />aII px•apc+r cr>,sts and oxpertscs scented thereb}'.
<br />3. If the total of the iraytnetzts made 6y the ~fortgagur under trz? ai• paragraph 2 preceding shall
<br />exceed the anzmznt of pamrents actually made by the tortgagee. as trusG~c>, for graund rents, taxes and
<br />assessments ar insurance premmms, as tite case may be, such excess sit.ell be credrteci ity the Mortgagc•t~
<br />on snbscquent payments to be made by the $lortgagor far such itants or, nt Mortgageo's option, as tr-trsta•e,
<br />shall he refunded to tlm•t~agnr. tf, hawever, such rnonttzly payments shall not he sutlicient to pay such
<br />items when the same shaft Ix~rome due and iza}'able, then the ;l'lurtgagur shall p£+y to the :vlortgagca•, ss
<br />trustee, aaty amount neccss~'y to make up thu dotieieucy within thirty t:SO) daJ's after scrrf-hen notice ir,»n
<br />the liorigagee statiny~ the amount of tho deficiency, which natiea may he given by mail. if at nay time
<br />the Mortgagor shall tender to the ikiaetgagee, in acxordancc with the precisions ri the cute st'<ured
<br />.~~riiz}, fss= F;ny=:Fie;, vi titan =n t, .. ~ ; ..,,i.a,~~e-s ~=p::-...~- }<;ei the-rs.-h}•, ... . _~,~j~~, -o .. -.~ . - ..: ,
<br />in computing the amuuut of such indebtecine~, credit to the accoum, of late ~iortgagcJr any t n~clit halan..•
<br />ae:euinulated under the pruvisivrts of ta) o€ paragzaph `3 lureuf. If there .shall hr• a de•fautt under fin}'
<br />of the provisions eaf this martgags resulting in a prrt>lic sale o€ the tarenzi~~5 ,o~er~•tl hereliy, ~,r if the
<br />$'ftJrttLragee acquires the property uthet•wise after defattit, the ,llorts;ag're, av trustee:.:;hiell app{y, :at the
<br />tisxae of the conmxetrcement of such 7,Jroee:tlings, or at dte time the property is oth. twist :uquirec i, the
<br />amount-ikon remaining to credit that Maz•tg;zgor rtntler t a} ief paragraph `~' lzreevding, r4s a er,~dit „r. file
<br />iatEreat accru?d and unpaid at.rl tho balance io the principal then remainng enpsid on said note.
<br />$. "Phe lice of this in,trumnnt: hats remain in foil force and effect clar•ing eat}- lz,,:itt=„-,<•rrierat or extit~-
<br />siota of the time of payntont i;f hits uzclebteilnTSs or any }.art. fir€•r~~of octet>zd her,•6;
<br />•`1. %ie l}'tl,I p:iy all Q,'ttsi3lyd r,; r: t`~, tr67iH$, aa,S't'-~s3n@nt'.+ ~. aiel' !'d32~' t,x. ,, f•t' p'.-.~, ttln. ntii! „r nilinl.:i-
<br />pa.l ch~gts, fasts, or inzpusitit>ns, 4ccied upceu lair! pre-misaM and that he u:il pn}~ i,!I [n~,-s i,~~ 0.3 upt~a this
<br />SrlL-r`rt~L, 9x -thU^ dEbt ;°~3Fn3'eJl t1:CFYt: ~, t(;¢?"+'th[i' ai;t}i ESt7y ,e:,h£r iaxeti ,;:' :r~.~e-~~JU,•n e.4 "ttiri] near ht t,•~,leti
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<br />.311.5 insw'~~J3-- lYrt„., E2r~Cp= >c4?xr: [~t}YF:e'DS ..~. .-. . V,_. ire it.x LAS _t i~•?„t„i~• i .. =i t t~. ;, ...~ io_ r,a i , t t,Jar;~-
<br />gr~%= ,. $;rrr,:4tf, :i£ui Pic ,.ill p3°:asnptt}' .tul;+e€•;~ thr. ~,tiac•;„. , - .;x,, .h+~; .~.~ ~ • ..,. Ai,..'.hS;th :n ,.,=(au};
<br />tti?r t~af flyer 7lfurtg `sg° ~. may psi flit sac,?:.
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