|
�
<br />� , ks
<br />� � �} ;��
<br />��
<br /> -
<br /> _ ,,g
<br /> �� �
<br /> �
<br /> �';�� G Q 4 � '7 � ,
<br /> �
<br /> taxes , levies , and assessments levied upon this mortgage or the
<br /> ° note which this mortgage is given to secure before the sarne
<br /> � < become delinquent , and keep such buildings on the leased premises
<br /> .: � insured tor ' the; sum of $ 'lso . o00 . 00 , then these presents to be ` '
<br /> � ; void , otherwise to remain in ' full force and effect . � '
<br /> It is covenanted and agreed that in case of default hereunder �
<br /> or on breach of any covenant hereof the Mortgagee sha11 have every '
<br /> remedy provided by law, equity , and statute for foreclosure of real
<br /> estate mortgages , rriortgages af chatteZs reaZ , arcc3 cnattel rr�ortgages ,
<br /> 3 and that the resort to one such remedy by such Mortgagee sha11 not
<br /> � preclude or estop the Mortgagee , or its successo�sor assigns , from
<br /> resort to each and every other remedy , provided further that if
<br /> j default be made in the payment of such note or of any installment
<br /> } due thereon or of interest or of any advances , monies , goods ,
<br /> � credits , overdrafts advanced to it or for it hereunder , or in
<br /> ^ covenants and agreements herein by the Mortgagor to be performed
<br /> � � or any attempt to be made to remove from said county , dispose of ,
<br /> or injure said property by the Mortgagor , or if the Mortgagee , its
<br /> - successors or assigns , shall at any time in good faith believe
<br /> � said debt insecure or fear diminution or waste of said property ,
<br /> then it shall be lawful for the Mortgagee , its successors or assigns ,
<br /> by agent or attomey , to declare the whole sum or any and all sums
<br /> r above specified to be due and payable without further notice and to �
<br /> take immediate possession of the property wherever it may be and for ,
<br /> � that purpose may , with or without process of 1aw, enter upon the
<br /> premises of the undersigned or the holder of such property and
<br /> search for , take possession of , remove , sell , and dispose of said
<br /> ' � property and all equity of redemption therein at public or private
<br /> saLe as provided by law and retain out of the proceeds the amount
<br /> then due or declared due on said note and any advances , monies ,
<br /> goods , credits , guarantees or overdrafts advanced to or for the
<br /> R � undersigned hereunder and al1 expenses incurred for pursuing ,
<br /> searching for , taking , removing , caring for , advertising and sell-
<br /> . :f ing such property , and any prior liens thereon , returning the
<br /> : surplus , if any , to the Mortgagor . The said Mortgagor further
<br /> � suthorizes the person or persons conducting the sale to adjourn the
<br /> sale if deemed in his or their opinion necessary from time to time
<br /> until said property be sold and to give a bill of sale to the •
<br /> purchasers thereof which stiall becc�nclusive as to the regularity
<br /> of all proceedings connected therewith and convey absolutely all
<br /> of the right and title to said Mortgagors therein . Any such sale
<br /> sha11 be held at the premises or at the County Courthouse in Hall
<br /> County , Nebraska .
<br /> It is further agreed ( 1 ) that if the Mortgagor shall fail to
<br /> pay such taxes or procure such insurance , the Mortgagee , its
<br /> successors or assigns , may pay such taxes and procure such insurance
<br /> and the sum so advanced with interest at 11 % per annum shall be
<br /> paid by the said Mortgagor and this mortgage shall stand as security
<br /> for Che same ; ( 2 ) tnat if the said Nlortgagor sha11 faiZ to pay any
<br /> of said money , either principal or interest , when the same becomes
<br /> due or shall fail to comply with ariy of the foregoing agreements ,
<br /> ' � the Mortgagee may cause the whole sum of money herein secured to "
<br /> become due and collectible at once at its option . • #� '
<br /> _ _� ��
<br /> Dated this 3rd day of August , 1977. �� � i '* '
<br /> � �,..
<br /> � _ '�:�+��
<br /> MID-NEBRASKA QUALITY F�ODS , INC . , `� '
<br /> .- . : �,; s
<br /> � • , An Ohio Corporation , , w
<br /> By
<br /> is�".x.� �� ������i�"(XH� s�� .,.
<br /> Donald L . Fcinstein , Presi ent
<br /> � J
<br /> . . _: �
<br />� _ _ .
<br />��,
<br />
|