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<br /> � s- � 00275 . � � � _ �
<br /> • ' 3. The mortgagor coveaants and agreea that if he ehall fail to pay eaid inJebtedneen or any part thereof when `
<br /> � . due, or ahall [si] to pe:form any covenant or agreement oE thie instrument or the promieaory note eecured hereby, the
<br /> � entire indebtedneaa hereby eecured ehall itnmediately become due, payable, and collectible without notice, at the �
<br /> 7 ' option o[ the mortgagee or ansigns, regnrdleas of maturity, and [he rrtortgagee or his anaigna may before or after entry
<br /> T eell enid property without apprnieement f the mortva�or having waived rnd aasiKned to the tuort�a�ee all rights of
<br /> `aPR�aisement) c . - ' ;
<br /> � .. e? ' ; % , � . ' . • _ � . , , . � - � � . .
<br /> `t'. � - +�� judicial eale •purauanl lo t�tupvjyy�,t,�e,S.i28�j.5.�� 2b03 lal� yi . . .
<br /> (u) at the optioa of the mortgagee, either by auction or by eolicitation of aealed bide, for the higheet and
<br /> beat bid co:nplyiag with the tezms of eale and manau o�F�ynl�iE��ec�� l:dt}G 1f1lld�tred notice of eale, 5nt „
<br /> : giving Four weeks' notice of the time, terma, and piace oF uur.h nale, h� arh•r.rtihen�ent not le� thon unce '•
<br /> duriag eacfi o! eaid four weeks in a newapuper pubIiahed or dietributed in the couttty in which said pzoperty
<br /> is eituated, all other notice being hereby waived by the mortgagor (and eaid mortgegee, or any penoa on
<br /> behalf of eaid mortgagee, may bid with the uapaid indebtednena evidenc��j by eaid note ) . Said sale ehall be
<br /> hqld at or on the property to be eold or at the Federal, county, or citj$io�irthouee tor the county in which the
<br /> ptby�. ry .a mn.-ated. T'he mortgagee ie hereby authoriaed to execute for and on behalf of ihe mortgagor and to
<br /> deliver to the purchaaer at such sale a �ulScient conveyance o[ eaid property. which conveyance ahall contain
<br /> recitala ae to the happening of the default upon which the execution of ehe power of eale herein graated
<br /> , depends ; and the eaid mortgagor hereby conetitutee and appointe the mortgagee or any agent or attorney of the
<br /> . mortgngee, the ag.:at aad attorney in fact of anid mortgagor to make such recitals and to ezecute aaid
<br /> coaveyance and hereby oovenante and agreee .that the recitala eo made ehali be eHecWal to bar all equity or
<br /> right oC redemption, I�omestead, dower, and all other exemptione of th� mortKaKoq all nC which ara� 6ereby-- --
<br /> expresely waived and conveyed to the mortgagee ; or
<br /> _ _ _ . . ..
<br /> - • , •_._.. � . , . . _ , . .. _ .
<br /> • ' ( �1t ) take any other apprupriate action pureuunt . to etate ur r'erlerel etatutc either in �tate ur N'eJernl
<br /> - �" court or othecwiae for the diepoaitio� oC the propert�t , , , :. ,,,f � �:,;,- •
<br /> � ..: i. 'w. " . ' i :. � _ . . . . ': ,. . - . . _ . . . � . . . ' .. . . . . . l � .
<br /> � ' '.i - ..iL .: �' � " . . . , . . , . . ._ . _ . . . . , . .. ' . . . . _ . . . . .
<br /> In the eveat of a 'eale aa hereiabefore provided, thB mortgagor or anp pereona in poexeeion uader � i]ie +nor[- -• - ,
<br /> gugor ahall then become and be tenanta holding over and shall forthwith deliver poeeeseion to the purchaaer- u�•-
<br /> such eale or be aummarily dispoeeeeaed, in accordance with the proviaiona of law applicable to tenants holdin� , ovea
<br /> The porrer and agency hereby granted are coupled with en intereat and are irrevocable by ilcath or otherwine, and
<br /> are granted as cumulative to the remediee for collection o( eaid indebtednees pruvided by law.
<br /> • - - -----.�._ . _ .
<br /> . . . . . .
<br /> '.tc .. � t_. ` __._. � : .. ._ • .
<br /> � _ . .
<br /> 4 -�`ie'ji�c��tPs o�any eale of said property in acconlaace with the preceding paragraphq shall be applied firet
<br /> ^r
<br /> to pay tl� c�.gqd �,zpa�yes of. eaid nnle, the expeneee incurred by.the mortgagee for the purpoee of protecting ormain-
<br /> tainiag emd property,-and 'resaotfable ettorneys' teea ; eecondly, to puy tLe iu�cbtednera secured hereby ; anrl t}�inlly� ,
<br /> to l.ay any eurpIue or excees to the pereon or persm�a )egally entiiled thereto. . "
<br /> . _, . � �... _ . . . . . , . .
<br /> , . ... . . � ,- .` . . . , . _ . . . , . . � � ,- . a - � .
<br /> 5. Ia the event'naid property ie sold at a judicial for�cloaure eale or pareuant to the power of eale � hereiaabove '
<br /> grantcd, and the proceeds are not sutScient to pay the tosal indebtedness eecured by thie inetrument and evi�lenced by
<br /> � eaid promiasory note. the mortgagee will be entitled to a deficiency judgment [or the amount o[ the deficiency without
<br /> regard to apprassement. "
<br /> 6. In tLe event the mortgagor fails to pay any- Federal, atate, or loca! ta� assessmeut, in �•oiue tax or vt6rr ta�
<br /> lien, charge, fee, or othez ezpense char6ed againat the property the �nortgagee i� hereby uutharized at his option to
<br /> pay the a•rme. Any euma ao paid by the mortgugee ehall be nJded to and become a part oC the principul amount of thc
<br /> iadebLedneaa evidenced by aaid note, eubject to the eame terme and conditioan. If the mortgagor ehall pay and
<br /> , dixl�arge the indebtedneee evidenced by esid promiaeory note, and Rhall pay euch eume nnd eL�ll dinchurge all
<br /> taxee and liena and the cosW, feea, and expensee o[ making. enforcing, nnd executin6 tliis mortgagc, ti�en thie mortgage
<br /> rha11 be cancele<I end eurrendereJ.
<br /> 7. The covenante hezein contuined ahall bind and the be��efits and udvuutaga:� sl� all inure � u lhe rexp.•cti� e ruc-
<br /> ceesots nnd aaeigne of the parties hereto. Whenever uxd, ihe aingular number shall include the plural, the plural thr.
<br /> singailar. and the uae of any gender ehall include all genden.
<br /> 8. No waiver oF any covenunt hercin or uf the obligutioo eecurrJ hereLy rhall a � auy lime therr.. f� cr Lc hclJ !
<br /> ' to be a waiver of the terma hereof or oE the note aecured h ereb��. � ,, , ,�
<br /> . i � . . . . . . � .
<br /> � 9. A ju8icial dectee, order, or judgment l�olding auy provieimi ur purtiou uf t6iy iuntru �neut inv:� lid ur uuu�- � =tiu,iLL
<br /> 1 � f forceable sl�all not ia aay way impair or preclude the enforcement of Ihe rernai� in�; ��roviFione or portim�s of this
<br /> � iustnameat.
<br /> { ,.��
<br /> i , s . . :,.,y� . . . , . . . _'_ , � . � � . ' ��y '
<br /> �t' �
<br /> ` " 10. Any wrieten antir� to be ie�ved to the mortgagor pureuant to ehe proviei�a.i....ai.ris 3e��tr�l�+vo ehall be ad• � " ��
<br /> � - dre�cdtochR oziA ;or' x. rue V"alue "Haone Cent`er Inc . , 3333 ald ' Potash" Road , '" ' '�` "
<br /> Grand rs�aac�, 1Ve�x'saska • �,ac�„��7a�e,s� Sou�aeligi�LwcbdmaLY eadti»
<br /> $�cCa�@�dilltnFt�x�d!@���2/� COIDmB3.�`3.81- N8t1os=81" 88i�1c 6c ' TLtsBt� CoWPgstY , � k� WeSt _
<br /> �3'hir+d Street , • G'raad Islaiid ,'� Nebraska � ' ' �- • ' - �
<br /> � SBA RORM 92S (2-7l) � � � � � �
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