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168-157
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tions herein contained,' or in',the performance of any. of *,'the, <br />covenants terms or conditions contained-in any other. mortgage <br />securing the aforesaid promissory note, including without'limita- <br />tion the mortgage of even date on properties. in Polk and Linn%,. <br />Counties, Iowa,time and the exact performance of each'and.all.of <br />Mortgagor's covenants and obligations being.material.and.of, the. <br />essence hereof, then, on the happening of any one or.more of such- <br />defaults,.or at any.time during the continuance of any such <br />default,`the'entire principal sum. then remaining and all interest <br />accrued-thereon shall, at the election of Mortgagee, and without <br />notice of such election, at once become"due and payable at the. <br />place of payment aforesaid, anything in said note or herein <br />contained to the contrary notwithstanding,.and thereupon Mortgagee <br />shall have the right to-immediately foreclose this mortgage and <br />shall have all other rights and remedies that law and equity :.. <br />provide. <br />26. That in any action by'Mortgagee to foreclose this <br />-mortgage, Mortgagor hereby waives the right to file a written <br />request for a stay or order of sale in said action. <br />PROVIDED, ALWAYS, that whenever Mortgagor shall have <br />fully paid the,aforesaid`'promissory note secured hereby and all <br />interest and prepayment premium thereon and,all other.sums hereby <br />secured and shall have well and truly performed all and singular <br />the covenants and.agreements hereinprovided,• then all such <br />covenants and agreements shall cease and determine,but not <br />otherwise, and Mortgagor shall be entitled to a release of the <br />lien of this mortgage. <br />IN WITNESS WHEREOF, REAL-VEST COMPANY has'caused this <br />instrument to be signed on its behalf by its officers thereunto <br />duly authorized and its.seal to be affixed:'hereto the day and <br />year first above written. <br />REAL-VEST COMPANY <br />[SEAL] .. �. <br />ATTEST:.Ake By <br />. •• _ �President <br />(�I r <br />Secret ry. <br />STATE OF ` ) <br />•COUNTY- `OF ) <br />BE IT REMEMBERED,,that on this ;2t)_ day of <br />19.75, before me, the undersigned,,-came <br />of REAL-VEST COMPANY, a torpor ion <br />duly.organi.zed, incorporated and existing under and'-by virtue <br />of the laws of Nebraska, "and <br />Secretary of such corporation, whoa perso lly known to me <br />to be such officers and who are personally known to me to be <br />the same persons who executed as such'officers the within in- <br />strument on behalf of said corporation, and such persons duly <br />acknowledged the.execution of the same to be the act and deed. <br />of said corporation. <br />IN WITNESS WHEREOF, I have hereunto set my hand-and <br />affixed my official seal. the day and year last above written., <br />110M, co n. ub Of k. <br />83 <br />September 19, 1976 <br />Notary P li.c, <br />My "commiss ' on . expires s <br />9. <br />
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