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,C¢ A415- Own 35-00221i <br />That In the event. na "t ',r 7�tv' r:", <br />t f, ak. nr, or "I -ir.a.-,! i i- <br />e C, n he, <br />t,.y 11 P -t aln the <br />ax C f C, I It, lvc. %n�: 'i"e, I <br />awatAS are hereby is! C) <br />therefor ?r, to pplv fte sage in - ,aym.iint n% 19 e b t P Iul s r <br />That In the -vent lefault in the pa-yipent jr 3all I r <br />of any interest thereon, at tj,.Ei time men the sam e shall be e tt c ­ a%­,, nan, r- <br />of, then. at the option of Mor*ir!I,1e, She eTitlre Inlebtedness rorthe"I"li <br />shall bear Interest at the default rate described in said nc;te, 'In.! the !1 0 ma'. IT 'il <br />,91 P 9tey e C o 3 e this <br />mortgage or, pursue any other available legal remedy. <br />(6) That In the event. ',tctlun I,' brought to foreclose tlil- lhe be <br />pos.gf,sslorj of the mortgaged premises, andthP cnurt may 'IT-0111t take T­,istns:,,Ict. :if <br />the usual posers of r-2(,elvern In like 7 <br />(9) That failure or delay of Mortgagee to exerlise its <br />g ,?:i s!­ll nor el, <br />VIr;q `TJ it, f ­)rtg <br />�er I f, 4C f ati ag1V:, -hali rint be -�,nstj­pl a- <br />walver thereol; that any ac' Of Mrtwa;�,el? wel Y .-: I , �i1nol"I'lati"n I <br />1, 'n I) 1!1:-�!_,i!MenL.: 1'r <br />waiver of any tjtur�� defaults: thht In 1a3e of i1i lile ay!7-2. <br />In .asa or ia.V71et'It b.,v Mortgagee 1)f any en, ,,r expense, ,,r <br />or IT <br />T <br />said 11ortvagtP shall have? the <br />account of such .-Tec!fIlt 1efl;1P, for LIjNr. slim, 71 V ')t' <br />the land described herein may I'(' sc!" <br />continue a 1 tell for ".:'y unp'! 1.1 w.1 rin,1_1. <br />fro .10) That the <br />eYt-�% 1 �In(l t1le e <br />:,olea. e <br />llablp <br />witho,it the r -'hpr :,'T'Iy f!,!' !!.i. <br />Transle- �r <br />%eran,v . <br />7 <br />;rn <br />7 1 <br />Omaha National Bank Grand Island (formerly <br />Commercial National Bank & Trust <br />pany of Grand,�and), Trustee, In the Matter; <br />of the TTrust _t te of Riesland" <br />Deceased 7 <br />BY <br />a e <br />R-i c"Ka- rd 1-2nU_V <br />STATE of NEBRASKA) <br />)Ss. <br />COUNTY OF RAU, <br />On this _21 day of qc"L, r 19 1) L' I o r t, mv , ;l No t A r V 1) Uh I i C in and '01 <br />said County and Sate personally appeared Richard Rahl" 211d Vice Pr CS S <br />trust officer to me known to be Cilt' person who executed the foregoing instrument in <br />behalf of ornaha 'National Bank Grand Island (formerly Commercial National Bank & Trust <br />Company of Grand Island), Trustee of the Trust Estate of Alice L. Rfesland, Deceased, <br />by authority therein set forth and acknowledhed the xe(-ution of said instrument to !)L- <br />the voluntary act and deed of said trusttit. by it voluntarily excuted for the purposes <br />therein mentioned. <br />4 <br />it, in and for said <br />Col.ultv ;11ud tilLu <br />Lse- Ab— S <br />M. <br />My Comml.ssion expires, <br />