Laserfiche WebLink
1 <br />86-- -- 105931 <br />effect such repairs, pay such taxes and special assessments, and <br />all such payments with interest thereon at the highest legal rate <br />shall be a lien against the Property. <br />5. ACCELERATION. If default shall be made in the payment of <br />the Note, or any part of the interest thereon, or any other <br />advance or obligation which may be secured hereby, such as taxes, <br />special assessments, insurance and repairs, or if Mortgagor shall <br />suffer or commit waste on or to the Property, or if there shall <br />be a failure to comply with any and every condition of this <br />Mortgage, then, at the option of the Mortgagee, the Note and the <br />whole of the indebtedness secured by this Mortgage, including all <br />payments for taxes, assessments, repairs, or insurance premiums, <br />shall become due and shall become collectible at once by <br />foreclosure or otherwise after such default or failure, and <br />without notice of such default. <br />6. MISCELLANEOUS. The term "Mortgagor" and "Mortgagee" as <br />used herein includes successors in interest. This Mortgage shall <br />be construed in accordance with the laws of the State of <br />Nebraska. The maturity date of the Note is October 1989, <br />unless extended as therein specified, unless sooner paid as <br />therein set forth. <br />This Mortgage shall become void and the Mortgagor entitled to <br />a release in recordable form upon full payment of the Note, <br />including any accrued interest, and all other payments made by <br />the Mortgagee and secured by this Mortgage. <br />Mortgagors have executed this Mortgage as of the day and year <br />first above written. , <br />LA RY W FOWLE <br />BARBARA A. FOWLE <br />STATE OF NEBRASKA ) <br />SS. <br />County of Hall ) <br />On this ;'i day of October, 1986, before me, a Notary Public, <br />qualified in and for said County and State, personally appeared <br />Larry W. Fowle and Barbara A. Fowle, husband and wife, to me <br />known to be the identical persons who executed the foregoing Real <br />Estate Mortgage, and they acknowledged the execution thereof to <br />be their voluntary act and deed and for the purposes set forth <br />therein. <br />WRt * NOTARY PUBLIC <br />-2- <br />1W <br />J <br />