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<br /> #hR twentp (20} dmy p�riod, the hald�r of thQ Pzotaisscry Note maY,
<br /> without nati.ce or d��aand, daclar� th� �ntira principal su� th�a
<br /> unpsid tpgeCh�r rrith aaarued int�r�st th�r�on im��di,atsly du• and
<br /> payubL�. Upon d�tault of paya4nt o! aay a�nnual iaatiallm�nt o#
<br /> pri.ncipal, the unpnid inatallsent o� principa� b�ars intar�st ak
<br /> th� hiy�h�st leqdl, rmte.
<br /> MORTGSCi?R agrees t� pAy axl ta�ces and aasea�mQnta upon the rsnl
<br /> •atat� end a�ll of tho tauce�, le�rfAs and aaaeBStnents lavied upon
<br /> ttris c�c�r�qaqa and the nQte whfc?c tttfs� mortqaqe is given to secure
<br /> b�fars pa]�ent is delinqu4nt. If [�iQRTGAGOA �ails to pay tho taz*s�
<br /> and aaaeaa�emta Defore del�aquent, i�r�cTw�G�s�� may pay ►.i�: �a:.a� a:,� �
<br /> assess�e��� �r a�EZ�r �.i8ns and ara gi��a�. a 1�.+�n soaurad hy this �
<br /> Mortqaqe for the a�ounts advanced With fnt��'est at the hiqh�st
<br /> l�9al rate,
<br /> T� .� .S L� �L� R� V.L Y �0 f1lAr
<br /> J.� [7VlC11i,t�.��{'!st u@J.dii1�, �Yl �tta j+vYaOT�Ticaa.CG np Cf � Q_�__
<br /> _ dgxeenenit� in thia Mortgage, MORTGI►GE�S sh�_Til notif�y MORTGAGOR, in
<br /> t�rz��.tinq, af the default by MORTGAGOR, and 4Ri7RTGAGOR is qivan twenty �
<br />� (2Q�) days �ka correct the default. �� MORTG�iGOR fails to corract
<br />� ths default wi�hin the twenty (20) day peripd, fihw MORTGAGEES, at
<br />� � MORTGAGEES' election, may declars the entire debt securad by this
<br /> � mortqnge due and pnyable at nnce and foreclosa this mortqa�� for
<br /> � aatis�ac�i�a f4r tne toiaz �ntounz 4ue.
<br /> R I�OFTGaGOR �grees �+t+� insure and kei���i#�sured the in!�n����veaaents on th� '
<br /> - real estat��., for prvtsation aqains�� �ire anc�.other���aaualties in a� �
<br /> sum of a��.,���aast the unpeid balance of p�ti:n�.ipal of the Promiss4ry
<br />.3 Note an� ���tq carry the insuranc8 wit2� �:�� sesponsible i.nsuraz�ce ;
<br /> � �ompanr duly licensQd to do busin�ss in tb�'9tats o:f Nebraska. The-.� �,..
<br /> inaurance policy is to be indor�e�l.�r;�;th a mortqs�s �b;�aus= wi*_!± 1�������
<br /> payab�e td•.MORTGAGOR and Mp�tT�A+G��S, as ,�'hQir interosta appear. ,,,
<br /> - Insuraaca':�roceeds receiv����a.��:,�'e'�:used tp.,.p'ay for racons�C��ct3on � � �:
<br /> __ of thQ de�.'t�oyed i.utprovem�.r.s�ts, �or��.:�� not applied fc��r this �urpoae, ,-��:,:.�
<br /> ° ata�!,, at thi� optiQ�"mt the MOR�GA����5., be appliad .�:�,�.yaymeat o� all
<br /> � o�;.a���, part of t2ie� unpaid indabt�4l:A�ess �ecured b;� this aortgay�.
<br /> It'���'�4�RTr��GOR #nils to carry th�4 insu��nce requir�d� by tbis
<br /> parayr�}�r�i;,,, •MORTGAGEF.S nay purchaaa the �:n�,s�i�xanca and arQ qiv�n a .,
<br /> �1�1n s���ux�d by this Mortyaqe for kh� �Q4�ts adnanc�d for paya�nt � ;,;��
<br /> a.�E ��z+�iuui� with iatereat at the ��ighast lagal rate. IlORTGAGOR is
<br /> � t,�o .,�urnish MORTGAGLES with the��;��rtificatQ from ths inaurmnc�
<br /> � , ��`ct�upany �,nsuring the i�provements of tha r�al estat�s for ovidanc:inQ
<br /> MO�tTGAG��•� bas acquired the iasuraace;;t��,ta b�a carried �.;�n th�
<br /> `�'�� . improve.x���ta of the real estate, m cert3-�:iMate to contai.n ,:�� �clarxse
<br /> � the insuraace pa�..say cannat be G�ir,�c�c�ile � without�,a�t lea�ti'`thizty
<br /> �30� aays� �rri,tr.�u: noks�e to k�oA7C�c�l���E�. `,.
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<br /> � I� tb.e KC���"GP,GEES bring ar� action to �fa�.rr�Iose this I�ortgaga, tho
<br /> � aourt �a�•appoiat n receiver ta take pos�e:�sion of the real sstate, �r .
<br /> . a�s provided by law. . , � ' � , . .`•;'"
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