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�If there shall be any default in any 6f 'the terms, conditions .or covenants of this mortgage or the'note secured hereby, then_ any sums owing by the mortgagor to the mortgagee shall, at the option of the mortgagee, become immediately' due and payable. The mortgagee, or any holder of this note and the indebtedness secured hereby, shall then.have the right to enter into the possession of the mortgaged premises and collect the rents, issues and profits thereof. In any action. -to foreclose, the holder of this mortgage shall be entitled to the appointment of a Receiver of the rents and profits of- the mortgaged premises as a_matter 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 i6elf.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 payments made under the provisions of this mortgage or, 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 Mortgagee 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, personsl representatives, successors and assigns. IN WITNESS WHEREOF, we have hereunto set our hands and seal, the day and year first above written.. In the -presence of: C - ..... ......L..........: \./...i^.:C.�,.'1A:... ....Y--•:/................ ....:.......� ...... :.. ................... STATE OF NEBRASKA ........HaII...................County, On this .........8............ day of .....Ap-ril .................1 19 .... 7.5before me, the'- undersigned, a Notary Public, in and for said County, personally. came ......... 1!a.'1 AY... U..a.11.Q . Xjxuxey..... an.d.... P.amela... Kinn.ey..................:................................................... personally known to me to be the identical pers whose names are affixed to the above and foregoing instrument, as mortgagors, and each acknowledged said instrument to be .is or her voluntary act and deed. Witness my hand andrwiffi Nra2r ....Isl.and.T....Neb.r:aska.......:.............:...............................:..........................:. ol the date last above written. GENERAL NOTARIAL STATE OF NEBRASKA........:......... COlA lAISSION EXPIRES """' """"""" - • Notary Public. April 9, 1971 •.................................................. My commission expires ...................... STATE OF.:... ..��/P-?!� ................ ss. County ...... I Entered on numerical index and filed for record in the Register of Deeds Office of said County the ..day of ..... L�- . ................: 19.2�_, at............o'clock and........ ....minutes .... /�LM, and recorded in Book......... ............ of Mortgages at pa e..��- ............ Reg. of Deeds By........................................................................Deputy When recorded to be returned to the