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F- <br />6. Time is the essence hereof. and UpOn Mortgagot,S <br />default in any covenant or agreement of this Mortgage, <br />including, covenants to pay when due the sums secured by this <br />Mortgage, the Mortgagee shall be erjti,�Jed <br />:ce,, to declare at its soleoption <br />and without qot <br />1 are all l sums secured by this <br />Mortgage to be-immediately due and payable .-and1may Commence <br />foreclosure of this Mortgage by judicial Prbceedingsz and, <br />provided further, that upon such de-fault the Mortgage'e, or a <br />receiver appointed by a court, ma,' at its option and without <br />regard to the adequacy o+ the sLc- y, enter upon and tai. -e <br />possession of the Property and collect the rents, issues and <br />ll <br />Profits tere+rom and apply them +ii-st to the cost of <br />CUllectjor! and operata.oj-, of the Property and then upon the <br />indebtedness Secured by this Mortgage; said rents, Issues and <br />Profits being assigned "'o tt-re mortgagee as T, <br />-For the Payment of the indebtedness secured hereby. <br />security <br />tred hereby. <br />f all <br />-r an Part of the prope�ty is sold r <br />i L <br />- <br />transferred without the = n expre= <br />-, written: consent of the <br />--a <br />Mortgagee, Mortgagee may t Its-, sole deciare all Sul- <br />ns <br />secured by this Mortgage to be d,-,,e and paYable. <br />S. Any forebear nce in t <br />sha"' I not be a w ot <br />I .giver i ver t h e r eo-' <br />All f-el-Dedies are <br />- I-- C, Z�T-ld <br />_-UiM,-klat1ve to anv other <br />r h t ii f 7- 0 Y- e 0 b -y law Or e q u. i <br />be e-er�-ised Inc <br />successively. <br />I0. The covez z <br />and agreel`entS contained herein shall <br />bind, and all rights inure to, the r <br />RsPecti' ' e successors .and assigns of the Mo rtgagor and the <br />Mortgagee. <br />'I <br />--,v--1anLs ,-;knd aQr-eezren-s cif ttjc- <br />the Mc)n -tglagee are ana _tn,1 <br />Upon Pavaient of all SUffiS SeCUrsd <br />Mortgagee si-,ail di SLI-I&F-ge this Nortcage ard S <br />hall e`eCUte <br />deliver a an-,J <br />IN WITNE_;S WHEREDF, Mortgagor has this Mort <br />on the 30th C,,+ July, 1985. gage <br />'z X, <br />t, STATE OF NEBRASI-'.'A, HALL County ::s. <br />The +oreg,;--Ang instrument was &Cknowledged be-fcr-rs iT,e <br />thi s <br />by Lonnie D. Morse and Christine K. <br />Morse as joint tenants. <br />N F- �-Lit -7,', <br />'C <br />0, Cn <br />Q. <br />N <br />X <br />CA <br />YY <br />2 <br />7_1 <br />ZZ <br />