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200700726 5. The undersigned fully warrant fee simple title to said property, and shall pay the obligations of every nature thereon promptly when due, and shall defend the same against the claims and demands of all persons. The undersigned shall insure said property in form and amount satisfactory to the Surety with a loss payable clause in favor ofthe Surety. 6. If any sum referred to herein remains unpaid ten (10) days after the same is due, such payment shall be considered in default and bear interest at the highest rate allowed by law. The Surety may then foreclose this agreement, notwithstanding any exemption which may be available by law, and shall be entitled to recover forthwith any deficiency which may occur. 7. The undersigned waive all notices and demands and shall pay all costs of collection incurred by the Surety in connection herewith, whether suit be brought or not, including attorney fees, appellate attorney fees and collection agency fees. The acquiescence of the Surety in any default by the undersigned shall not constitute a waiver of such default. 8. The term "Surety" shall includc the Surety Company on the bonds referred to herein and their agents, co-sureties, re-insurers, successors and assigns. The rights given to the Surety herein shall bc in addition to any rights which the Surety may have under separa.te agreements of applicable law. IN WITNESS WHEREOF, and intending to be legally bound hereby, Mortgagor(s)has executed these presents on this 18th day of January, 2007. TVCiVl '- Signature of Trustor JUAN RENE PEREA 908 E 6TH ST, GRAND ISLAND, NE 68801 ~ C)rl G\ Signature of Trustor GLORIA PEREA 908 E 6th St, GRAND ISLAND, NE 68801 It.. f eJr ect - f' e '( erA_ Signature of Trustor Signature of Trustor State of Nebraska CD.J V'\ T'f 0 f:. IH\t\.. On this 18th day of January, 2007 before me, the undersigned officer, personally appeared JUAN RENE PEREA, GLORIA PEREA known to me or who has produced tJ e: b L as identification and whose name is subscribed to the within Mortgage and who acknowledged to me that "T"'-f) 1- executed the same. In Witness Whereof, I hereunto set my hand and official seal. I; GENER~l NOTARY - State of Nebraska !Ii' MYRIAM GARCIA MALDONADO 1!1'1.""~ My Comm. Exp. Jan. 29,2009 ;;/,.w -~. SEAL ABBDT2