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860' 107462 event, the holder of the Note may, at its option, declare the Note to be immediately due and payable and thereupon the Note shall be immediately due and payable, together with all unpaid interest accrued on this Note, without notice or demand. The Note further provides if the Note is not paid when due (whether at maturity or upon acceleration), the Mortgagee shall also have the right to set off the indebtedness evidenced by the Note against any indebtedness of the Mortgagee to the Makers. The Note further provides the Note shall become automatically due and payable (including unpaid interest) accrued on the Note without demand should the Makers both die or should a petition be filed by or against the Makers under the United States Bankruptcy Code. The Note provides that unless prohibited by law, the Makers agree to pay all cost of collection, including reasonable attorneys' fees and expenses, incurred by the holder of the Note in the event the Note is not duly paid and that the holder of the Note may at any time renew the Note or extend its maturity date for any period and release any security for, or any party to, the Note, all without notice to or consent of and without releasing any accommodation maker, indorser or guarantor from liability on the Note. The Note provides presentment or other demand for payment, notice of dishonor and protest are waived by the Makers and each endorser and _grantor. Mortgagors agree to pay all real estate taxes and assessments levied upon the real estate and all other taxes and assessments levied upon this Mortgage and the Note which this Mortgage is given to secure, all payments to be made before they become delinquent. I£ Mortgagors fail to pay the real estate taxes and assessments before delinquent, Mortgagee may pay the taxes and assessments or other liens and is qiven a lien secured with this Mortgaqe for the amounts advanced, with interest at the interest rate provided in the Note. if Mortgagors default in payment of the indebtedness or any installment of principal or interest, or fail to perform any of the other agreements on their part in this Mortgage, Mortgagee, at Mortgagees election, may declare the entire debt secured by this Mortgage due and payable at once and foreclose this Mortgage for the satisfaction of the total amount due. Mortgagors expressly waive the right to make partial redemption of Homestead provided in Section 4 of Legislative Bill 999 enacted by the Eighty -ninth Leqislature of the State of Nebraska. Dated: necember 300.1986 Ward Bilslend) (Gwe Bilslend) STATE OF NEBRASKA, COUNTY ^F 9ALL: The forego* trument was acknowledged before me this becember 30 . 198 '-by Ward Bilslend and Gwen Bilslend, husband and wife, Mortgagors. /. IZ Notary Public My Commislsion Expires _