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106248 RE REcORDO <br />8G-- g6,.,1067 y <br />w 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. MISCELLA=S. 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 1 , 2001 <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 />DONALD E. STANLEY <br />` r <br />CAROLYN A. ST ANLEY e <br />t <br />STATE OF NEBRASKA ) <br />SS. <br />County of Hall ) <br />On this 22nd day of October, 1986, before me, a Notary Public, <br />qualified in and for said County and State, personally appeared <br />Donald E. Stanley and Carolyn A. Stanley, 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 />ow V. TARY Pur <br />*'�2W <br />-2- <br />u` <br />