9. Upon any failure .by the Mortgagor to comply 'with or, perform any of the terms, covenants or conditions of this Mort-
<br />gage requiring. the payment of any amount of money by the Mortgagor, other than the principal amount of the loan evidenced •by.
<br />the Note, interest and other charges, as provided in the Note, the Mortgagee, may at its option make such payment. Every
<br />payment so made by: the Mortgagee (including reasonable- attorney's fees incurred thereby), with interest thereon' from the date
<br />of such payment, at the rate of six percent (601o) per annum, except any payment for which a different rate of interest is
<br />V specified herein, shall'.be payable by the Mortgagor -to the Mortgagee on demand and shall be secured by this Mortgage. This
<br />Mortgage with respect to any such amount and the 'interest thereon, shall constitute a., lien on the mortgaged property prior to
<br />any other lien attaching or accruing subsequent to the lien of this Mortgage.
<br />10. The Mortgagee, by any of its agents or representatives, shall have the right 'to.inspect the mortgaged property from time
<br />to time at any reasonable hour of the day. Should the mortgaged property; or any part thereof, at any time require inspection,
<br />repair, care or attention of any kind or nature not, provided by this Mortgage as determined by the Mortgagee in its -sole dis-
<br />cretion, the Mortgagee may; after notice to the- Mortgagor, enter or cause entry to be made upon, the mortgaged' property, 'and
<br />inspect, repair, protect, care for or, maintain such property, as, the Mortgagee may in its sole discretion deem necessary, and may
<br />pay all amounts of,money therefor, as.the Mortgagee -may in its sole discretion deem necessary. ,
<br />11. The principal amount owing on the Note together with interest thereon and all other charges, as therein provided,
<br />and all other amounts of money owing by the Mortgagor to the Mortgagee pursuant to and secured or intended to be• secured
<br />by this Mortgage-shallimmediately become due and payable without notice or demand upon the appointment of a •receiver or
<br />liquidator, whether voluntary or involuntary, for the Mortgagor or any of the property, of the Mortgagor, or upon the filing of
<br />a petition' by or against the Mortgagor under the provisions of any State insolvency law, or under the provisions of • the Bank-
<br />ruptcy Act of 1898,; as amended, or upon the making by the Mortgagor of an assignment for the benefit of the Mortgagor's creditors.
<br />The Mortgagee is authorized to declare, at its option, all or any part of such indebtedness immediately due and payable upon the
<br />happening of any of the following events:
<br />(a) Failure to pay the amount of any installment- of principal and interest, or other charges payable on the Note, which shall
<br />have become due, 'prior to the due date of the next such installment;
<br />(b) Nonperformance by the Mortgagor of any covenant, agreement, term or condition of this Mortgage, or of . the Note
<br />(except as. otherwise provided in subdivision (a) hereof) or. of any other agreement heretofore, herewith or hereafter made
<br />by the Mortgagor with the Mortgagee in connection with such indebtedness;
<br />_(c) Failure of 'the Mortgagor to perform any covenant; agreement, term or condition in any instrument creating a• lien upon
<br />the mortgaged property, or any part thereof, which shall have priority over the lien .of this Mortgage;
<br />(d) The Mortgagee's discovery of the Mortgagor's failure in any application of the Mortgagor to the Mortgagee to disclose
<br />any fact deemed by the Mortgagee to be material, or of the making therein or in any of the agreements entered into
<br />by the Mortgagor with the Mortgagee (including, but not limited to, the Note and this Mortgage) of any misrepresen-
<br />tation by, on behalf of, or for the benefit of; the Mortgagor;
<br />(c) The sale, •1case.or other transfer of any kind or nature ;of.tile mortgaged property, or any part thereof, without the prior
<br />written consent of the Mortgagee;
<br />(f) The enactment after• the date of this Mortgage of any law -of the State of Nebraska' deducting from the value of
<br />the mortgaged property (or any part thereof), for the purpose of taxation, any lien thereon, or changing in' any way
<br />its laws for the taxation of mortgages or debts secured by mortgage for state or local purposes, or the manner of collec-
<br />tion of any such tax, so as to affect this Mortgage, and if after such enactment or change the holder of the Note and this
<br />Mortgage ,gives written notice to the Mortgagor declaring the Note and all other indebtedness secured by this Mortgage
<br />to be due and payable, because of any such enactment or change, immediately upon the expiration of thirty (30) days
<br />after such notice.
<br />The Mortgagee's' failure to exercise any of its rightshereunder shall not constitute a waiver thereof. All the events in this Para-
<br />graph enumerated upon the happening of any of which the Note- shall become, or -may be declared .to be, immediately due and
<br />payable, are in this Mortgage called "events of default".
<br />12. The Mortgagee may from time to time cure each default under any covenant or agreement in any instrument creating a
<br />lien upon the morfgaged property, or any part thereof, which shall have priority over -the lien of this Mortgage, to such extent
<br />as the Mortgagee'may exclusively determine, and each amount paid. (if any) by the Mortgagee to cure any such default shall be paid
<br />by the Mortgagor to the Mortgagee; and' the• Mortgagee shall also become subrogated to whatever rights the holder of the prior
<br />lien might have under such instrument.
<br />13. (a) After the happening of any default hereunder, the Mortgagor shall upon demand of the Mortgagee surrender posses-
<br />sion -of the mortgaged property to the Mortgagee, and the Mortgagee may enter such property, and lei the same and collect all the
<br />rents therefrom which are due or to become due, and apply the same; after payment of all charges and expenses, on •account of
<br />the indebtedness hereby secured, and all such rents and all leases existing at the time of such default are hereby assigned to the
<br />Mortgagee as further security for the payment of the indebtedness secured hereby; and the Mortgagee may also dispossess, by the
<br />usual summary proceedings; any tenant defaulting in the payment of any rent to the, Mortgagee.
<br />(b) In the event that the Mortgagor occupies the mortgaged property or any part thereof, the Mortgagor agrees to surrender
<br />possession of such property to the Mortgagee immediately after any such default hereunder, and if the Mortgagor remains in pos-
<br />session after such default, such possession shall be as a tenant of the Mortgagee, and the Mortgagor shall pay in advince, upon
<br />demand by the Mortgagee, as a reasonable monthly rental for the premises occupied by the Mortgagor, an amount at least equivalent
<br />to one -twelfth of the aggregate of the twelve monthly installments payable in the current calendar year, plus the actual amount of
<br />the annual ground rent, if any, taxes, assessments; water rates, other governmental charges and insurance premiums payable in
<br />connection with the mortgaged property during such year, and upon the failure of the Mortgagor :to pay such monthly rental,
<br />the Mortgagor may also be dispossessed by the usual summary proceedings applicable to tenants. This covenant shall become
<br />effective immediately upon the happening of any such default, as determined in the sole discretion of the Mortgagee, who shall
<br />give notice of such determination to the Mortgagor; and in the case of foreclosure and the appointment of a receiver of the rents,
<br />the within covenant shall inure to the benefit of such receiver.
<br />14. The Mortgagee in any action to foreclose this Mortgage shall be entitled to the appointment of a receiver without notice,
<br />as a matter of right and without regard to, the value of the mortgaged property, .or, the solvency or insolvency of the Mortgagor
<br />or other party liable for the payment of the Note and other indebtedness secured by.this Mortgage.
<br />15. The. Mortgagor; within ten (10). days upon ;request .in person or within :twenty (20) days upon request by mail, will
<br />.furnish promptly -a written statement in form satisfactory to the Mortgagee, signed by the Mortgagor and duly acknowledged, of
<br />the amount then_ owing on, the Note and other' indebtedness secured by this Mortgage, and whether any offsets or defenses
<br />exist against such indebtedness or any part thereof. ;
<br />16. The -Mortgagor, will give immediate notice by registered or ' certified mail to the Dfortgagee of any fire, damage or other
<br />casualty affecting the mortgaged property,' 'or of any conveyance, transferor change'in ownership of such property, or any part
<br />thereof.
<br />17. Notice and demand or request may be made in writing and may be served in person or by mail.
<br />18. In case of-a,:foreclosure sale. of • the .mortgaged .property it may, be sold in one parcel.
<br />19. The Mortgagor will not- assign the rents,' if any, in whole or in part, from the mortgaged `property, or any part thereof,
<br />without the prior written consent of the Mortgagee:
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