Laserfiche WebLink
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 possession 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 />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 />of any person or persons liable for the payment of the mortgage indebtedness. The mortgagor, for itself andany subsequent owner, <br />hereby waives any and all defenses to the application for the appointment of a Receiver, as above, and hereby specifically consents <br />to such appointment without 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 made 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 s the day and year first above written. <br />In the presence of: <br />STATE OF NEBRASKA l <br />.......Hall JJJ <br />............:..County, <br />On.this........ -1..8........... day of ...........April 19.7.5.. before me, the undersigned, a Notary Public, in and.for said <br />County, personally came..DA.n.ny-... M,,....C.a.de a.nd...Ra-mela....L,....Cad.e............................................. ......... ........ .......... <br />personally known to me to be the identical pers whose names are affixed to the above and foregoing instrument, as mortgagors, <br />and each acknowledged said instrument to be pis or her voluntary act and deed. <br />Witness my hand and7efta: <br />Grand •,I12nd.,. Ng.?..;��4.................................. <br />.......... ......... <br />the date last above written. <br />L NOL <br />�L1.4lL!c � '... . <br />F NEA ......... ...... <br />............:... :..:. <br />1.1&IISSIRGS Notary Public. <br />ril 9, My commission expires.................................................... <br />STATE OF..... .....�iQfsfl�1...-........ <br />} ss. <br />y <br />Count `' / JJJ <br />...:..... . G�.................................... <br />Entered on numerical index and filed for record in the Register of Deeds Office of said County the . <br />j&..day of...::..aa,4.a.. S".. M <br />-. ...--, 19...�`S, at... �......o clock and ..:..-.%.... minutes -.: ...�.. , <br />and recorded' in Book........ / .............. of Mortgages at page ..sSS <br />....................... <br />• -, .... <br />Reg. of Deeds <br />By...:........................ ...................... :......... Deputy <br />When recorded to be returned to the <br />