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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, <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. pledgedas 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 and any 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, persor6l 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 />............ ...(✓L �........... ... ....... <br />�� <br />STATE OF NEBRASKA <br />Ha11 } ss' <br />........................................ County, <br />On this .......5' .............. da of ...........Ma . 5.. before me, the undersigned, a Notary Public, in and for said <br />y y .............. Is.7... <br />County, personally came..Charles .., W . M o r ;;.e....r� I1.d....A a.xst.t �.l a...Mo.r s 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 ,is or her voluntary act and deed. <br />Witness my hand "and notarial seal at ...... Gxa.n.d..... Ls.l:an.d.y..... 1`Ie•bra•s-ka...:......................................................................... <br />the date last above written. <br />q <br />RAL �AtttAL <br />My commission expiresR�S�,;�.... <br />B000 E Pli:Cb, 1977 �,...� <br />"�C <br />STATE.OF............/PS.............. <br />�,O` <br />County ..... S?!f{.�..L......................................ss. <br />Entered on numerical indexand filerecord in the Register of Deeds Office -of said County the <br />..,./.�a...day; of.........�J r' .. ...... .......... 19....5, at........../......o'clock and......... /..minutes .......P_M,. <br />and recorded in Book....../.lo.. ..............of Mortgages at page. <br />........... �.......................... <br />... . ...... ... <br />... ... <br />Reg. of Deeds <br />By........:....:....... :....................................:......Deputy . <br />When recorded to be returned to the <br />