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If there shall be any default in. any of the terms, conditions or covenants of this mortgage: or the note secured hereby: then any sums owing.by'tlie mortgagorto the mortgagee shall, at the option of the mortgagee; become immediately -,due and payable. The mortgagee, or any holder I of this note and the indebtedness secured hereby, shall then .have the right to enter into the possession of tlie-mortgaged'premises and collect the rents, issues and profits thereof. In any,'action to foreclose.*tlie holder in -Receive f the moftgije.d -premises as d'matter of this mortgage shall be entitled to the appoint* ent of r of the rents and profits o t of right, and without -notice, with power to collect - the rents, issues and profits of the mortgaged ' premises 'becoming ' due during the pendency of any foreclosure suit; such rents and* profits being hereby' expressly assigned and• pledged as additional security for the payment of the indebtedness secured by this mortgage, without regard to the value of the mortgaged premises.or the solvency of any person or persons liable for the payment of the mortgage indebtedness. The mortgagor, for itself' and any subsequent owner, hereby waives any and all defenses to the application for the appointment of a Receiver, as above, and hereby 'specifically consents to such appointment without notice. The provision for the appointment of a Receiver of the rents and profits -and the assignment of such rents and profits is made an express condition upon which the loan hereby secured is made._ All payme*s. made under the provisions of this mortgage br the note hereby secured, which may be construed as interest, shall not, in the aggregate over.the term thereof, exceed the rate that may now be lawfully contracted for in writing. The Mort ,Vagee shall be subrogated to all of the rights, privileges, priorities, and equities of any lienholder whose lien may have been discharged froM the proceeds of this loan, or by any funds hereby paid or furnished by the Mortgagee. In this instrument the singular includes the plural and the masculine includes the feminine and the neuter and this in= strument shall be binding upon the undersigned, his heirs, personal representatives, successors and assigns. IN WITNESS WHEREOF, we have hereunto set our hands and seal, the day and year first above written. a In the presence of: ........................... ............ A ..... ................... ........ . ..................... STATE OF NEBRASKA ............. Ral.1 ................ County On this ........2.0........... day of ...... Mamc.h .... ............ 19 ... 75 before me, the undersigned, A Notary Public, in and for said County, personally cameAq.rle .... i ........ N.c.C.o.u.n .... and ... ...... Ur. .... Q.Qu.-a ............. . ................................. ......................... personally known tome to be the identical pers 'whose names are affixed to the above and foregoing instrument, as mortgagors , and each acknowledged said instrument to be, ,s or her voluntary act and deed. Witness my handand notarial seal at ........... * .......... ................................................................ the date last above written. William Beckman GENERAL NOTARIAL SEAL i.......... . .......... .......................................................... Notary Public. . S T TATE OF NEBRASKA COMMISSION rXPIPr' My commission expires .................... :;,...\ ......... ... Affif"g"'1977 ..... STATE OF...:...... ............... SS. County......... .................................11 Entered on numerical index and filed for record in the Register of Deeds Office of said County the ...day of ....... . . ................ 19 .21 ., at.....:.../.......o'clock and ...... :�4 ...... minutes .... M and recorded in'Book ........ ............ of Mortgages at page Y . ...... ............. Reg. of Deeds By........................................................................ Deputy When recorded to be returned to the