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<br /> ZB—� 000737 a .
<br /> additional advances , or in the event the Mortgagor should sell , either outright , by land '
<br /> contract , by lease purchase agreements , or otherwise , or title thereto should otherwise
<br /> become vested in persons other fihan the Nb rtgagor ; then the whole indebtedness hereby , - '
<br /> secured shall thereupon or at any time thereafter , at the option of the Association , become
<br /> immediately due and collectible without further notice and this Nb rtgage may then be fore-
<br /> ctosed to recover the same , with interest thereon , at il � and all reasonable costs
<br /> and expenses of suit , including abstracting or title search tees . Acceptance by Mortgagee -
<br /> of one or more instailment payments on the indebtedness secured hereby subsequent to any _
<br /> sale or change in ownership or possession of said real estate , or any p � rt thereof , as
<br /> above provided , as to which mortgagee has not granted its written consent , shall not
<br /> constitute a waiver of Nbrtgagee ' s option to accelerate the whole indebtedness hereby
<br /> secured , which option may be exercised by Mortgagee at any time . No delay or ommission of
<br /> Mortgagee to exercise any right or option accruing upon any defauit shall impair any such
<br /> right or option , or shatl be construed to be a waiver of any such defautt , ar an acquiescertce
<br /> therein ; and every option and remedy given by this tJlortgage to the P4ortgagee may be exercised
<br /> from time to time as often as may be deemed expedient to Nbrtgagee .
<br /> Provided further that in the event of detault in the performance of any of the terms
<br /> and conditions of this Mortgage , the Note secured by this Nb rtgage , or any other notes for
<br /> additional advances , on the part of the Mortgagor , the Association shall be entitled to the
<br /> immediate possession of the premises above described , together with all the re� t , revenues
<br /> and income , including any land contract payments due the Nbrtgagor or any other incomes of
<br /> any type whatsoever , to be derived therefrom , and said Association may , in its discretion ,
<br /> � se the rents so far as it deems necessary for the purpose ofi making repairs upon the
<br /> premises , and for the payments ofi insurance premiums , taxes and assessments upon said
<br /> premises , and for necessary expenses incurred in renting said premises and collecting rents
<br /> therefirom , and to apply on said note and notes and agreements for future advances , until
<br /> the indebtedness secured is fully paid ; but said Association shail in no case be liable for �
<br /> the failure to procure tenants , to coliect rents , or to prosecute actions to recover
<br /> possession of said premises .
<br /> Executed this 3 y% day of , 1978 .
<br /> I �
<br /> i
<br /> . Garrett ,
<br /> ✓
<br /> Theresa M . Garrett
<br /> STATE OF NEBRASKA )
<br /> ) ss :
<br /> COUi�TY OF HALL )
<br /> On this�day of �, 1978 , before me , a Notary Public in and for safd
<br /> County , p@rsonally came the above namedWarren B . Garrett and ThPrasa M . (;arratt � hi � ahan �i anci
<br /> wife , each in his and her own rightto me well known to be the indentical person� whose name�
<br /> a
<br /> arP a ixed o he bove Nbrtgage as grantor� and arP severaliy adknowledged 1-he
<br /> said instrument and the execution thereof , to be their voluntary act and deed .
<br /> WITNESS my hand and Notarial Seal , the day and ear iast above written .
<br /> �KIi70WY swrwr.w �� �/'���
<br /> � R' �T� Notary ubl ic
<br /> w Ors. faR Jw]OL 1l79
<br /> , My commission expires on the .�� � day of ��+�-� , 19�.
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