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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'ssums. 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,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 whichthe 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 dischargers 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 seal, the day and year first above written. <br />0 <br />In the -presence of: <br />.57 <br />STATE OF NEBRASKA <br />ss. <br />.....H.a.11.......................County, <br />On this .............2......... day of .........Ma.y. ...:.............. 19.1.5. before me, the undersigned, a Notary Public, in�.and for said <br />County. Personally camea.Y... 1+....... C.G.... j ....... L.X.;L.A.u.Q.U........................................................................... <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.......Gmand.... lsl.amd....... Nebx.a<sk.a................................................................................ <br />the date last above written. <br />RICHARD H. MATTKE , - <br />General Notary•State of Nebr. .. .......... ..,,, poi try '. i:... <br />............................................................ ........ <br />- My Commission Expires otary Public. <br />September 20, 1977. <br />My commission expires.........:.:.r�. .J..l.......•...........:............... <br />STATE OF :..... ........��.� S ................ <br />ss. <br />County .........Y3{.!`/., ...................... <br />E tered on numerical index .and filed for record in the Register of Deeds Office of said County the <br />, <br />..... � .......day of ......... ,�?.�.�. ... ................ 19..,15-; at...... �/......o'clock and .....Q. .:. .minutes ......:.. M , <br />and recorded in Book......... lPZ.........of Mortgages at page...C. ..�...... /1 <br />. �c-vr _ <br />....................... <br />Reg. of Deeds <br />By....................................................................:...Deputy <br />When recorded to be returned to the <br />