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r- <br />86-100376 <br />and payable at once, at the election of the Mortgagee. Any insurance <br />proceeds payable by reason of such loss or damage shall be placed in <br />escrow with the .Mortgagee and distributed during and upon completion <br />of the repairs or replacement or applied to the last maturing <br />payments Clue on the PROMISSORY NOTE in accordance with the election <br />of the Mortgagee. <br />In the event of default, the Mortgagee may collect rents <br />on said real property and apply the same to the indebtedness due <br />herein and the Mortgagor hereby assigns said rents. <br />When the terms and conditions of this Mortgage have been <br />fully performed, this ?Mortgage shall be voided and shall be released <br />at the expense of the Mortgagor. <br />The terms and conditions of this Mortgage shall extend to <br />and be binding upon the successors, heirs, personal representatives <br />and assigns of the Mortgagor and the Mortgagee. <br />IN WITNESS WHEREOF, the Mortgagor has executed this <br />Mortgage on the day and year first above written. <br />TREVA FLAiNE UANUWISH, - <br />MORTGAGOR <br />t <br />—RODNET' KEN' i CO-T' STTE, <br />MORTGAGOR <br />, e <br />y MORTGAGOR <br />STATE OF NEBRASKA <br />i ss. <br />COUNTY OF HALL, <br />On this �'�k day of 1` °� 1985, before me, <br />the undersigned, a Totry Public, duly commissioned and qualified <br />for said County, personally came TREVA ELAINE GANGWISH, RODNEY KENT <br />GANGWISH and ARLEN SCOTT GANGWISH, CO- TRUSTEES, known to me to be <br />the identical persons whose names are affixed to the above and <br />foregoing Mortgage, and they acknowledged the same to be their <br />voluntary act and deed. <br />WITNESS my_ hand and notarial seal the day and year last <br />above written. <br />r, <br />Notary Public <br />GEli�id. H3IAA1 -xm or nexa ps <br />!e ;tktAE4 L .tt: RcY <br />�.kt cmm ExpJ 7a. i E <br />J <br />