~r.
<br />~.
<br />2.
<br />
<br />S FURTHER AGREED:
<br />That if the said Mortgagor shall fail to pay such taxes.
<br />levied upon such real property, the Mortgagee, its
<br />successors or assigns, may pay such taxes and the sum
<br />so advanced, with interest, shall be paid by thee: said
<br />Mortgagor and this mortgage. shall stand for security
<br />of the same.
<br />That failure to pay any of the said money, either
<br />principal or intere t, when the same becomes due, or
<br />a failure to comply with any of the foregoing agree:
<br />menus, shall cause the whole sum or sums of mone}r
<br />herein secured to become due and colleetibl.e at once
<br />at the option of the Mortgagee, its successors or
<br />a signs.
<br />3. In case. of a foreclosure
<br />of its provisions, a rec~
<br />collect rents, issues or
<br />real estate and proceeds
<br />or profits so collected.,
<br />secured hereby.
<br />of this mortgage under any
<br />aivor may be appointed to
<br />profits from the mortgaged
<br />from any such rents, issues
<br />shall be applied on the deed
<br />4. The Mortgagor will have the privilege of making pre-
<br />payments on the ,principal of the mortgage debt without
<br />premium, as provided in such. note.
<br />DATED this ~ ,~ day of ;---~, 1982.
<br />ST <~TE CAF NEBRASKA;
<br />} SS:
<br />COUNZ"s t3~` ~i.> )
<br />MERCHANTS DEUELOPMENT,,pCO. IT,
<br />A Partnership ,/ ~/
<br />R. E, Step ns, Partner
<br />~k
<br />r y~ . _
<br />"± bald ill,~a.an, Partner
<br />,~ f
<br />~'"J,ohn R. Miller, Partner
<br />~ ~r.. J
<br />~,"
<br />Alvin P, Alms, Partner
<br />th3 s ;;~',j~~~`_ day.. of rY ~.-~,'~w:wr'`~ , I982 a before me,
<br />~'.~= ..~.dcrsig`~x~u, ~. '";oLa:rti ~uli, .e.rzced for saki %ounty,
<br />personally c•a~ne R. E. St~c~~;hens, Ronald Willrnars, Sohn R. Miller,
<br />ar~d r'll.vzn P. aims , Lr, me personally known to be the partners
<br />aria. she ~_:?enticai persons whose names are d~~fixed to the +=ore--
<br />going co~~veyance, .~nci acknowlecl¢2 the execution thereo:~ t.o tie
<br />ts'iEir veiL.ntai°; acc anc3 need, as such! paa-tner_s and: ~~he ~Folunt.al-~,
<br />act ar~d ~3eec± ~~f: she said :~ie~-c~~.anrs ~7evelJ~nent Co. a~, w
<br />~'~~rtnership.
<br />`>~it:ness ^~L ~~~~u arty ro ~r;.~ti ~e.as. ~r Irani: I~ # .:Ac',
<br />1E'(:trc~SL~~, ]_it S:a.1G' t~C}uTY~V e P:.~=E i~~l~' -3.t~-xyi tir?~i' 7 ~zS~ cl~~.'~J~'C YZ).i:.l: c~n•
<br />~ ~ ~gg &sfttN~iz ~t~Su4 ai~~.x d ~thrR¢~ti ~ e.. ~_-.-......~.s..~,.,.a..~..~
<br />ys~ «{7slt;Kir. fr~~~3$,4~,i~ ...~.~~~'wrC:7~a_::4',~ Y` ' J1. it„'
<br />n.~...,... ._.._„~,..,o,,,,_
<br />
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