|
If there shall be any default in any, of -the terms, conditions or covenants of this mortgage or the"note secured'hereby,.
<br />then .any sums owing by the mortgagor to: the mortgagee shall, at the option of the mortgagee, become immediately due and.
<br />payable. The mortgagee, or any holder of this note and the indebtedness secured hereby, shall then have, the right to enter into
<br />the 1)ossession of the• mortgaged, premises and collect the rents, issues and profits thereof. In any" action to foreclose,'the holder
<br />of this mortgage shall be entitled to the appointment of a Receiver of the rents' and profits of the mortgaged premises as a matter
<br />of right, and without.notice, with power to collect the rents, issues and profits of the mortgaged, premises becoming due during
<br />h the pendency of any foreclosure suit; such rents and profits being hereby expressly assigned and -pledged as additional security for
<br />the payment of the indebtedness secured by this mortgage, without regard to the value of the mortgaged. premises or, the solvency .
<br />VO 4 of any person or persons liable for the payment of the mortgage indebtedness. The mortgagor, for itself and any subsequent owner,
<br />hereby waives any and all defenses to the application for the appointment of a Receiver, as above, and:heieby specifically consents
<br />to such appointment. withou t notice. The provision for the appointment of a Receiver of the rents and profits and the',assignment
<br />of such rents and profits is made an express condition upon which the loan hereby secured is made.
<br />All payments mad6 under the provisions of this mortgage or the note hereby secured, which may be construed as interest, -
<br />shall not, in the aggregate over -the term thereof, exceed the rate that may now be lawfully contracted for in writing. :
<br />The Mortgagee shall be subrogated to all of the rights, privileges, priorities, and equities of any lienholder whose lien may `
<br />have been discharged' from. the proceeds of this loan, or by any funds hereby paid or furnished by the Mortgagee.
<br />In this instrument the singular includes- the plural and the masculine includes the feminine and the neuter And this in-
<br />strument shall be binding upon the undersigned; his heirs, personal representatives, successors and assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and seal, the day and year first above written.
<br />In the presence of: ,
<br />.. ...... ...... _.....................
<br />STATE OF NEBRASKA
<br />Jial)County.
<br />On this ..1,.3................. day of ......Eebr.uary....., 19...7.5 before me, the undersigned, a .Notary Public, in and for said
<br />County, personally came...........HarRa d.... .... and .... A.XI.ene.... L .... J.o.hx.s.QXt.............. .................................;......................
<br />personally known to me to be the identical pens whose names are affixed to the above and foregoing instrument, as mortgagors,.
<br />and each acknowledged said instrumentto be .is or her voluntary act and deed.
<br />Witness my hand and notarial seal at ..... ............. .Gzand.... Zs•1.a.nd.,...•Ne•b•r•a-slc.•a.....................................................................
<br />the (late last above written.
<br />s
<br />_ RICHARD H..MATTKE �.`,�, �> . t, ...... .. i}� ...v......
<br />General Notary -State of Nebr. N ary blic.
<br />,r My Commission Expires
<br />September 20, 1977
<br />My .commission expires........................................................................
<br />STATE OF.v% G�=G �- .................:
<br />County ��-.................................. ss.
<br />Entered on numerical index and filed for record in the Register of Deeds Office of said County the
<br />..��...6..V,...day of... .&.. a.�.k�.r,� �.. , 19..7. at .......... .%.....o'clock 'and..... ��.....minutes .......:�f M,.
<br />4
<br />and recorded in Book...../.. ?................... of Mortgages at page...../Z, .........
<br />................... .............................
<br />Reg: of Deeds
<br />By............. ............................................................ Deputy
<br />When recorded to be returned to the
<br />
|