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Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and <br />appurtenances located thereon or in anywise pertaining thereto, and the rents_ issues and profits, reversions and remainders <br />thereof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the <br />improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared <br />to be a part of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the <br />..Property'.. <br />Mortgagor further convenants and agrees, with Mortgagee, as follows: <br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note. <br />2. Title. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property, and <br />warrants that the lien created hereby is a first and prior lien on the Property, except as may otherwise be set forth herein. <br />❑ The Property is subject to a Mortgage wherein <br />is the Mortgagee, recorded at Book _ , Page __ of the Mortgage Records of <br />Nebraska, which Mortgage is a lien prior to the lien created hereby. <br />❑ tither prior liens or encumbrances: <br />County, <br />3. Taxes, Assessments. To pay when due all taxes, special assessments and all other charges against the Property <br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as <br />may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become due. <br />4. Inattrsnee. To keep the improvements now or hereafter located on the real estate described herein insured <br />against damage by fire and such other hazards as Mortgagee may require, in amounts and with companies acceptable to the <br />Mortgagee, and with tole payable to the Mortgagee. In case of loss under such policies the Mortgagee is authorized to <br />*"W,'eodeet and compromise, in its discretion, all claims thereunder at its sole option, authorized to either apply the <br />pwaseft to the restoration of the Property or upon the indebtedness secured hereby, but payments hereunder shall con- <br />t itua until the sums secured hereby are paid in full. <br />L ❑ Bamow For Taxes and Imatrance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the <br />contrary, Mortgagor shall pry to the Mortgagee at the time of paying the monthly installments of principal and interest, <br />one- twelfth of the yearly taxes, assessments, hazard insurance premiums, and ground rents (if any) which may attain a <br />ptdaft over this Mortgage, all as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be <br />Wild by the Mortgagee without' Interest' and applied to the payment of the items in respect to which such amounts were <br />49VW" The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this <br />Nor%W Mortg gearshll pay to Mortgagee the amount of any deficiency between the actual taxes, assessments, insurance <br />prendums and ground rents and the deposits hereunder within 10 days after demand Is made upon Mortgagor requesting <br />payment thereof. <br />4. Repair, Mskdone tce and Use. To promptly repair, restore or rebuild any buildings or improvements now or <br />hereafter an the hope"; to keep the Property in good condition acid repair, without waste, and free from mechanic's or <br />otherttens not expressly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist, nor to dimin- <br />A or impair the value of the Property by any act or omission to act; and to comply with all requirements or law with <br />respect it the Property. <br />t` <br />