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<br />!"- ~~. IN WITNl<;SS WIIEnF..QF, Mortgagor has executed this Mortgage on the -3
<br />~"0 .\.;~ day of February, 1988,
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<br />~ ~~. STATE OF NEBRASKA, COUNTY OF HALL:
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<br />..~ \, ~The foregoing instrument was acknowlp.dged before me this cV-3- 6fi,
<br />'~ ~ . by Fern L. Jantzi, a single woman.
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<br />6, Time is the essence hereof, and upon Mortgagor's default in
<br />any convenant or agreement of this Mortgage, including covenants to pay
<br />when due the sums secured by this Mortgage, the Mortgagee shall be
<br />entitled, at its sole option and without notice, to declare all sums
<br />secured by this Mortgage to be immediately due and payable and may
<br />commence foreclosure of this Mortgage by judicial proceedings; and,
<br />provided further, that upon such default the Mortgagee, or a receiver
<br />appointed by a court, may at its option and without regard to the
<br />adequacy of the security, enter upon and take possession of the
<br />Property and collect the rents, issues and profits therefrom and apply
<br />them first to the cost of collection and operation of the Property and
<br />then upon the indebtedness secured by this Mortgage; said rents, issues
<br />and profits being assigned to the Mortgagee as further security for the
<br />payment of the indebtedness secured hereby.
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<br />7. If all or any part of the property is sold or transferred
<br />without the express written consent of t.he Mort.gagee, Mortgagee may at
<br />its sole option, declare all sums secured by this Mortgage to be
<br />immediately due and payable,
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<br />8, Any forbearance in exercising any right or remedy shall not be
<br />a waiver thereof.
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<br />9, All remedies provided herein are distinct and cumulative to
<br />any other right afforded by law or equity, and may be exercised
<br />concurrently, independently or successively.
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<br />10, The convenants and agreements contained herein shall bind, and
<br />all rights inure to, thr. respective successors and assigns of the
<br />Mortgagor and the Mortgagee,
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<br />11. All convenants and agreements of the Mortgagor and the
<br />Mortgagee are joint and several.
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<br />12. Upon payment of all sums secured by this Mortgage, Mortgagee
<br />shall dischcirge this Mortgage and shall execute and deliver a
<br />satisfactory release therefor.
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<br />,'fJ~ ~ Ch/"~ 0
<br />FERN L. JAiiiZI
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<br />NO ~ PUBLIC
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<br />CiEftERAL NOTARY-SUfi Of Nt!llJ1U
<br />IRVIN BALOW
<br />My Comm. Exp. / 1_ .
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