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<br /> - To Hwve sN�To Ho�n tho eame unto the Mort�aQee, �n herei�n p9ro�vfded. Mort�uQor repr��sent�to�
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<br /> and covens�nt� with�the MortQaQee,thAt!he MortQnQor hiw�Cood riQht to svll And convoy said premises;
<br /> �, that they are fres from encumbrance�except�s hereinotherwiae recited;that the MortQa�or will warrAnt
<br /> -� "�';;:.-��'�� and de fend the bamo u�Afost the lawful cluime of all peraona whomaoever. MortQa�or hereby relinquithea
<br /> �,,;;,,.,, '. .. z. - all righte of hom�ateud,all marital righta,either in Inw or in equity,and Alt other conlinQent interesu ai
<br /> � ' ��i►?:,�; the Mart�ARor in And to the above-described premiaee.
<br /> �'"K`� � '�•- Prtovroeu At•WAYR,end theee preeente are executed nnd delivered upon the followinQ conditioru, to E_ _
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<br /> ._ ?�� �' Mortgagor uQreea to pay to the Mort�agee.or order,the atoresaid principal aum with intereat irom date
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<br /> � : F�,-,,�,,.;:= _. �, at the rate of Eiqht per centum (g.pio) per annum on the unpuid bAlance until paid.
<br /> --��,:,��.wr c al terea e be ya e tthe f�iceof Th Equitable Build ng and Loan
<br /> - ��":.. ;__:.t•::,a � �����.���.��i $`��ranc� �s4ar�, o�&�'���b�r�11a�'��l�o�e�&W#�n�y desiQnate In .
<br /> ���,��;....;�+ writ g clg�vend ur ma��ed to t�►e�or�gagor,in monthly inatallmenta of Three Hundr d Ei�ty Four
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<br /> � --�-_=.�w��.�� ��. the flrst day o�eac�month thereafter until said note Is fully paid,except that, if not aooner pafci.the flnal
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<br /> ��.:_��R.: , i � payment of principal nnd interest ahall be due and payable on the flrat day of September 1, 2007 ;all
<br /> ; ,:�� accordin�to the terms of a certain promisaory note of even date herewith executed by the wid Mort�e�or.
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<br /> 4;" . . :�� The Mortga�or further agrecs: _
<br />: '«� .� . � 1. He/ihe wW pay the indebtedneso, as hereinbefore provided. Privllege i� re�eived to prepay at any
<br /> time, without premium ar fee, the entire indebtedness or any part thereo!not lew t h�n t he rmoun t of one
<br /> - - � - . - inat�llment�or one hundred dollais ($100.00),whichever is leas.Prepaya►ent in full ahati be ceecDited an tho -'-`='`
<br /> � ° date received. Fertiel prepayment, other thon on an inrtallment due date,need not 6e credited untJl tbe �`"'��L
<br /> �. , next followina inttAUmant due date or thicty daye after auch prepsyment�whichever i4 eorller. �,_u.:-
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<br /> .. � ��. 2. To�ether with,and in addition to,the rnonthly paymenta of principal and intereat payable nnder �`, ,�
<br /> � � � the terms oY the note secured hereby,Mortgagor will pay to Mortgagee,as trustee.(underthe term�of thi� _
<br /> '' ' trwt aa hereinafter atated) on the first day of esch manth until aaid note is fully pstid: —
<br /> '� Q � (Q) A aum equal to the ground rents,if any,next due, plua the premiums that wfll next become due
<br /> _ _ � ,__ �* ,. "}��� an�pP,y�bIP on�nliciea uf fire and other hazard inaurance covering the mort�aged prnpertY�
<br /> ° plus taxes end asaeasments next due un the mortgaged property (alt uaeatimated by the Morb �-__
<br /> gagee,anci of which the Mortgagor ia notified) less all suma already paid therefor divided by
<br /> the number of months to clapse before one month prior to the dAte when auch �round rente, �
<br /> .,�� premiums, taxes and asscasmenta ���iq become delinquent� such aums to be held by Mort�a�ee ��
<br /> ','�� in trust tu pay said ground rents,prcmiums,taxes and apecial aeaeasmenta. ,
<br /> � � (6) The aggregate of the amounta payable purauant to subparagraph (a) and those payable on the � �
<br /> � � note secured hereby,shall be paid i n a vingle payment each month.to be applied to tha follow-
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<br /> in�itema in the order atated: __�
<br /> �. . � . � ([) ground r�nta,taxes�assesament$, fire and other hazard inaurance premtums;
<br /> f., . . • (�[) interest on the note secure�i hereby;and __
<br /> �� • (iu) urnortization of the principal of said note. -;;;;�
<br /> � Any de8ci�rncy in the amount of any auch agRregate monthly payment ehall.unlesa made good
<br /> �'. by the Atortqugor prior to the due date of the next such payment,conatitute an eveat of default ,_�
<br />: �'�'u � under this mortgage. At Mortgagce's option,Mortgagor will pay a"late charQe"not exceed- -__.
<br /> . . `�; ing four per crntum (•1^,�) of any install ment�shen paid more than fifteen(16)dtya after the �"''--""'-
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<br /> due date t her�•of to cover the extra�xpense im�olved in handling delinquent paymenta,buteuch ���:�-
<br /> h "late chargc" sh�Il not be puynble out of thc pcoceeds of any sale made to eatiefy the indebted- �'":
<br /> ,,, nesssecui•ed hi�reby,wilesasuch proce��lsaresutlicienttodiechstr�etheentireindebtedaestand �-�'`
<br /> •� �� all proper costs nnd cxpens�s secured thereby. .�_
<br /> " ° ' 3. If the total of the payments made by the Mortgagor under (a) of paragraph 2 precedin�ohall ::.�°:;
<br /> exceed the amount of payments actually made by the Mortgagee.as trustee, for ground rents.ttaxea wnd ��-='
<br /> "•" assessments or insurnnce premiums,as the caee may be,such excess ehall be credited by the Mort�a�ee
<br /> --� on aubsequent payments to be made by the Mortgaqor for such items or,at Mortgagee's option.as truetee,
<br /> � • • shali be refunded to Mort,gagor. If, however,such monthly payments ahall not be sufficient to pay auch
<br /> � items when the same ahall become due and payable. then the Mortgagor shall pay to the Mortgagee. ea
<br /> � " truatee,any nmount necessary to mxke up the deficiency within thirty(30) days s�fter written noticefrom
<br /> the Mortgagee atating the umount of the deticiency, which notice may be given by mail. Ii at any time
<br /> the Mortgagor ahall tender to the MortRagee, in accordnnce with the provisione of the note secured E
<br /> !' hereby, full payment of thc entire indebtedneaa represented thereby, the Mortgagee� aa truatee, eh�tll, '
<br /> in computing the amount of such indebtedreas,credit to the account of the Mortgagor any credit balAnee �
<br /> � accumulated under the provisiona of (a) of paragraph 2 hereof. If there ehall be a default under any I
<br /> '- . of the provisiona of this mortgage resulting in a public sale of the premiaea covered hereby� or if the '
<br /> •�__ Mortgagee acquires the property otherwise after default, the Mortgagee, aa truetee, shall apply, at the
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<br /> - time of the commencement of such proceeaings, or ai ine iime ine properiy is oinerwieer acyi.�nsu, w��
<br /> amount then remaining to rredit the Mortgagor under (a) of paragraph 2 precedin�.�e a credit on the !
<br /> ' intercat accrued�nd unp:�id and the balance to the principal then remainin�unpAtd on eaid note. ;
<br /> • � 4. Tlu�lirn of this instrumont shall r�main in full force and rffect during any poatponement or exten- �
<br /> ' � ' �� sion ot the time of pa>•m��nt of the indebt��dne4�or anv oart thereof secured hereby. ;
<br /> � 5. He�ehe will pay all ground renta. taxe�� asaesamenta, water rate�� and other �overttmenW or
<br /> � municipal rharges. fines, or impasitions, levied upon safd premi�e�and tl�et he/she will p�y ell ta:e�levied
<br /> upon this mortgage, or t2�e deb� secured thereby, together with any other taues or aueomenfs which m�y►
<br /> •� • . be levied under the laws uf Nebraska aga�nat the Mortgegee. or the legel holder ot uld principal note. on
<br /> , , ,:.'�-•"'. account of this indet,tedness, except when payment for all such itkmt ha�theretofore been m�rde under(a)
<br /> ' ' • ot pgragraph 21�rcruf,w�J i►ei�i�e will promptly deliver the official receipi� il�erefor to ihe Mortqc�ee. In
<br /> detault themof the Mortgagee may pay the sarne.
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