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<br />TO HavE aNn Ttt HvaD the same unto the Mortgagee, as herein prnvideti. Mortgagor represents Lo,
<br />and rnvenants whit, the 9iartgagear, that the Mortgagor has tforxi right to sell and convey said premises;
<br />that thou are free from encumbrance, except as hereincatherwise rr+cited ;that the Mortgagor wilt warrant
<br />acrd defendttte same against-the lascful claims of all persons whomsoever. Mortgagor hereby relinquishes
<br />ail rights of httanestead; all marital rights, either-itr law or in egaaity, and sit other contingent interests of
<br />tae ZMoi{gie in attd tta the aito3u-drtheei premises,
<br />Pttputnl~ts ~tbva~c, and theme presents are executed and delivered upon the following conditimm; t4
<br />wit:
<br />:Mortgagor agrees fin pay to the J4artgagee, or order, the aforesairi principal sum with interest from date
<br />at tfte rate of Twelve&Three/Ei~h~r rentum t12. 9~)Spea' amnum on flee. unpaid balance until paid.
<br />The said princiisal and Interest shat! t>e txayable at the alit^e of Farmers State Bank & Trost Ca.
<br />in Aurora , Nebraska . or at such :7ther place as the holder of the Hate map designate in
<br />writing delivered or mailed to the Jlzrrtgagor, in monthly installments of Two Hundred Ninety anti 95/It)4'
<br />ihriiars f$ 298.95 }, <xsmmencinu +>n tite first day of June , I9 81 ,and continuing on
<br />tlae first day of each month thereafter cantii sand note is fully laid, except that. if not saoner paid, the final
<br />payment of orinciual tmd interest Ykaall i~ due aatd payable on the first day of May. 2011 ; a!l
<br />according to the terms of a certain promissory nerte €,. «~ven date h«~rewith exm:uted by the said Mortgagor.
<br />The Mortgagor t'na-ther .agr€»^s:
<br />1. Eie n'iit pat the ittclrht~dn+`s.^t..L, herc~9ntref<,re provided, Privilege is reserved to prepay at any
<br />time, without prremiaun =,r :ee, the a.ntire incleittec3aes5+.r any paart thereof Hat Tess than the amount of one
<br />installment, or Unr hundred dollars i$IOtE.801, whichever is less. Prepayment in £ull shall lye credited on
<br />the datts aecaived. Partial prepayment, other than .~n :m installment due date. need not ire cxettited until
<br />the next foilotvinq uaatafirnerat due date car thirty days after such prepayment, whichever is earlier.
<br />L. Together wins, and in addition ta, the mantttiy ttaynaents of ¢rincipal and interest payable under
<br />the termBaf the natty:se~cure d'nYrelt'..l4crrt}fa~rcrr will ¢ay t4a 4fortg-.agt~.::s tr•tzstee. funcierthe terms of this
<br />ta'uat as hereiTSafter stated3 !m the ftrat {lay of each month until ;zaid note is fully paid:
<br />(u} A sum e<tual to tht• gonad zrnix. zt° aau~, next clue. {rl^ts that premiums that tivill neat iaeeosne due
<br />and payable ,rn lwiicre of !ire arts! ~sthea• F,aua-d ;nsurance cc~~Pring the mortgaged property,
<br />¢luaz loxes zattd :r~~sas menis next rittr• :,za t`ae mortgaged trropea-tt- ta13 as}~stiznated by ttte Mort-
<br />gatg€~.an{i =-t :~ttte}: tite 37rrrtgagor ,~. ~t„tiii+•,si ess all ~unt5 .tlready paid therefor divided by
<br />tftr n*.zmsw^rr ,+t ,nc~ntitt ut =•l€epse ia,-tr,r<< +>ur ~r,«,nth prior ?,> tfu:.late when such ground rents.
<br />priutaiums, taxe•tr atacl za~.*3es5mr=ntrs usEl i>=•t:.me- ~iei,nquc•nt, such Sums to 1>e held by Mortgagee
<br />is trtcst ts7 pa~~ mid gi'=-tusd s~~•nts, lurmiurtt~, taxc~ artzi s{x~iai asssssntents.
<br />Ctrl ThY agty?rerpfatt: ««ttl=r aa.asrunt ;sstaia}c~ porszzaar«t tc: =.tstt{sua~r-a#ah }rc} and tttase gay:able on the
<br />ttfrte ~curr*! :;<,i-~i,~°, st,xi! #~ pur9 ,u .~ sangic- czsrErnr:~z€t c-zt,.h .rtonit,. tc+ he spplird to the Fotlow-
<br />ing itemaa in f tae • artier •~tat~d
<br />-t# yts•vutsd r~rnt=, taxrza. as:t+=sxnre, tzta, ;=r+~ <us«I ««tFst:r hzrxar«,i ;nffurance premiums;
<br />(911 ;nt€-s-€~~tt~r Eh~ Stott ~rrur=-«i i,ea•.~h,°; :,n«1
<br />tit? a3mcx,~3~,.at'az;n ca i.ite Irrirtt~;[rat9 r,r ;xin# taesttt,
<br />:~nvtt sync^x in list sAnzreaaat ~r€ :u~ uti, at,~reytat~ mcrnthir pak ment zshaA. uttl~s made goad
<br />izy =ht. ~it:rtt;:,g`-u' pr*_«. to t„e, sa.r -..~:~ -; f:, ,:arxE :uc}. ,zay'mr•nr, :. c,nrstattat~ an «~sont of deiauit
<br />under ?isiza m+ar°ga ~t lfcirtgagxe's ;,{,ri««si, 3ortgagor will tray :t "!at€ «~harge•, nat exceed-
<br />in;g fc,ut- p1 r- rt~z}tom f 4`% ; ,,f :and :.,Ktallrtreztt :cftl~n Issid nacre tlutn ~~Leun { liz) days meter the
<br />due dat~• tlier.,a+rf tt,4 4trEer tit:, ,•xtra , r:>xr~sr sn4cis•eii its hanelliatt,.d;=itnc{ur,~rrt payments, buts.ch
<br />"la.ta= citara;." ait.ali n€rt t,,. p:eva}ri«• :-tat ~~!` t^«r a+u:M~ris uP arty sale m=edct to satisfy the indebted-
<br />at s~<arrsl `t:cerby, ur::F~ suer} .ts?,c ez•+~ .zr«+ ~utllr s«tut us d::trhart~_r the snore indebtednt~ and
<br />~l-pzsrper et~st -attd uxpcteyss ~.ut•~<1 there!}y~,
<br />g, if the total of the-payments made by lire Mortgagor under tai of paragraph .`~. preceding shall
<br />exsarr$ thw buret of Intyr~nte aetuafly made tsy th€r 3tortgages~> ~t trtrator., for i;rewnd renk$, taxes aatd
<br />is or €stauzau+;e premiursas, as the rase may tae, such excess :shalt Ile credited by the :Mortgagee
<br />ctn ill pe~aaenta t#> be made by the '4tortgaagnr for such ittm~ or, at b4artgagee'r; option, ats trarst~e,
<br />lie rw.funded t<a M#ar. !f, itaauever, sua:h monthly lasymentrs shall not be :sufficient to pay such
<br />a#etaa>E Mitt na#t:c shall ifr3rae due and peyab~. they-n tiae Mortgagor shalt Itay to the Jf'ortgxgee, as
<br />~:, agq yarn+~unt nacx~sary 20 rnalte up the deficiency within thirty {:;tt) nays aftc-r written naticc: from
<br />staKting the a&aauxtt of the ?ie~ieney, which native ryas; lye given by mail. if at any time
<br />~~ =shall tender tit the ~,ios'tee. In acrsrrvtani'e with the ¢rvxvtsiuaas «f [he note :ts~ua°ed
<br />~, fttii pneat rrf entire nd>:b~inesa repretsenteai thereby. the i{oalgagee, as "trustee, ;tltall,
<br />is ~t-ng the amount of such iade..btednesa, errralit to the accrvuunt «;f the Mortgagor any credit balance
<br />accamu[ated the pretciauona crf ta) oi' fu-ra~raph 2 hereof. if there .r-hall tae a default under any
<br />of t#ae ptravisiana of Hasa mortgage aeaultitrg in a public Tale of the Rremiaes txavered hereby, nr if the
<br />Msai~t~gee a~ulres the property otltt+rtvige after default, the 4lnrtgagerf,, as tanast~c. xitall apply, at tftc
<br />of tim t of such pax>tx~dinga, or at the time the property is ctthe±rrcvistr <tequired~ the
<br />atami time reeaai~ As r.saKiit the Mortgagor under tatof pxrayTraph 2 preeedirtg, as a credit on the
<br />it+eat catred ttapud a the balance tit the principal then remiaining unpaid an said note.
<br />#. ' iiaoh arf this rtstrarrtrz~rat ;than remain in full fierce anal et~ect during any Ixs;ipaartment or exten-
<br />of t of psytsts+rtt of ties :ndcbt+sdntxrs or any part thtareof s<*eureal hereby.
<br />=i. i#a wilt ~y sit gr€etrnrl yenta„ taxt,9~ a~nis, water zat. anct «ttter y£or~,mcutst ar munici-
<br />~ti strrsitir~; fir:s~, -tr tnrptastitrratz, levied n ~i pti artslt~at tae tvii pay all lefts i~viea u~rt tttia
<br />„ or tls« ::> bt ,>.u !mt! thra~9#ty. *titi?r with any rrtaor taxes or rassm~nCS xhirh at~;t bES levied
<br />&ia'v9 sit .'iraeit~a irasi<tiacs rfig•~ cxr. the iatg#.i lttr rtf said ltriraripai usrtsa, cart mount of
<br />t;,: nr~+ :+xur.Rt ~Iseu 3auyant £irr sell auatt-ta~ahsa~ thsr~trafralx> hirn msdt9 utrcirr {at of pa~`:s-
<br />g;'r ~f, Aare has n•iil prvaxraptly rletivnr ties «atilseiati axx~iptte tbeerfna• tti the Eitaa•it~. In derfauit
<br />t Cite :t~tsstq> rn hair arxatne,
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