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1�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 the mortgagor to the mortgagee shall, at the option of the mortgagee, become immediately due and payable. The mortgagee, or any Bolder of this note and the indebtedness secured1heceby, sliall then have the,right':fo'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 3 the mortgaged premises .becoming due during the pendency of any foreclosure suit; such rents and profits being hereby expresslyassigned,and•pledged as additional security for the payment of the indebtedness secured by this mortgage' without regard to the ivalue 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 Reeeivef,'as above, and hereby specifically consents to such appointment without notice. The provision for the'appointment of a Receiver of the Irents 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.th6 term thereof, exceed the rate that. may now be! lawfully contracted for in writing.` The Mortgagee shall be subrogated to all of the rights, l' g privileges, pnonties, and equities of any lienholder 'whose lien may have been discharged -from {the proceeds of this .loan, or by any funds hereby paid or:furnlished by the Mortgagee: In this instrument i the singular includes the plural and the masculine includes the) feminine and the neuter and this in- strument .shall be binding upon th'e undersigned: his heirs, personsl representatives, successors and assigns. IN WITNESS WHEREOF, we have hereunto set our hands and seal, the qday 'andyear first above written: In the presence of: �,. .......... .. . ..._................_ STATE OF NEBRASKA HALL .....County; w. On this ..............�. t.11day of ................. July............, 19....7.5 before me, the undersigned; a Notary Public, .in and for said Rick L. and Janet. E. McCurry, Husband and wife, each+in his'and her own:right and as spot County, personally came....... ... ' o£..:each.. o.tL-ra.... ..................................... personally known to me to be the identical pers ' whose-names are affixed to the above and aforegoing instrument as mortgagors, and each acknowledged said! instrument to be .is 'or her voluntary act and deed. (j Grand Island, Nebraska Witness my hand and notarial seal at..........:: ................................................ . ... the date last above written. • � William Beckman :...... .. . .. .. ..... Oc_N6RAL t10TARlAL Notary Public. My commission expires.........:! NE8 L2Y5�A••=-...•.. STATE OF { i CoF11dISSION C-%PIKES { April.9, 1971 t STATE OF....... ss. County Entered on numeri al index and filed for record in the Register of Deeds Office of said. County the r� ....� � .day of............-C ..........:.... 19./..s..., at........... Z.... o'clocIk and. . 'F (. .1� ,,o page... - ............minutes ...• :...M,. and recorded in Book ...../.../..v .....of Mortgages at a e....�? ....... :.-z� ............... 'Reg. of Deeds: By- ................ ..--.... .................... :.Deputy When recorded to be returned to the