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 surnii- owing by the mortgagor to the mortgagee shall; at the option of the mortgagee,' become immediately due 'and
<br />payable.'Thei '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 thi's mokkake 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 profit-, of the mortgaged premises b�coin*ing due during
<br />the pendeiicy of any foreclosure suit; such rents and profits being hereby expressly assigned and. pledged . as additional security. for
<br />the payment o*f the indebtedriess 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*mortgago r, 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 he . reby secured is made.
<br />All. payments made under the pro�,isions 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 equiti . es of any lienholder whose lien may
<br />have been discharged -from the proceeds of this loan, or by any funds hereby'paid or furni�hed 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, person3l representatives, successors and assigns.
<br />IN WITNESS WHEREOF, we have hereunto set our hands and sea], the day and year first above written.
<br />In the presence of:
<br />STATE OF NEBRASKA , Iss.
<br />flal�....
<br />..................... ........... County
<br />On thi�s .......... �9jft.... day of .............. �Aug'us� .......... 19.75.. before me, the undersigned, a Notary Public, in and for said
<br />T.J. Ag�uilar and Bonnie J. Aguilar, Husband� and wife, each in his a
<br />nd her own right�and
<br />County, personally came ............ ..........................................................................................................................
<br />personally kn4oNn 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 />a
<br />Witness my hand and notarial seal at ................................... Grand.. Island,, ............................................................. .... ...........
<br />the (late last above written.
<br />/`:111? . . .......... .... .......................
<br />M Ic Dma : ...... 4 .. .... .. ..................... .............
<br />B k n
<br />C 1:,4
<br />William Beckman
<br />......... . ... .. . .... ............................ ...... ... ..........................
<br />r. �40 Notary P*U'�ilc.
<br />Ggs'4Er-AL t40TAR1,1,.j_
<br />OF NE a
<br />My commission ex ress.TA E...0F .. . ....... ........................
<br />ss,
<br />co`,1I,,IssI0&, :7:vtk.z[;
<br />A j
<br />pril 9, 1977�
<br />STATE OF ..... ZZ_4�7A
<br />County ......... ss.
<br />................................ .......
<br />Entered on nurnerica I index and filed for record in the Register of Deeds Office of said County the
<br />e ... ........... 19. at ..... A .......... o'clock and ....... .......
<br />and recorded in Book ........ /I ............... of Mortgages at page ...... ........
<br />Al�fll&e ................
<br />................ ................
<br />g* f Dee;
<br />By ....... .. .. e ....... Deputy
<br />When recorded to be'returned to the
<br />/ 1�5 - /
<br />
|