|
<br />83--i)Qfl~~
<br />6. In the event said property is sold at a judicial foreclosure sale or pursuant to the power of a sale hereinabove
<br />granted, and the proceeds are not sufficient to pay the total indebtedness secured by this instrument and evidenc-
<br />ed by said promissory note, the mortgagee will be entitled to a deficiency judgement for the amount of the
<br />deficiency without regard to apprarsemertt.
<br />7. In the event the mortgagor fails [o pay any federal, state, or local tax assesment, income tax or other tax lien,
<br />charge, fee or other expense charged against the property the mortgagee is hereby authorized at its option to pay
<br />the same. Any sums so paid by the mortgagee shall be added to and become a part of the principal amount of the
<br />indebtedness eti~denced by said note, subject to the same terms and conditions. If the mortgagor shall pay and
<br />discharge the indebtedness evidenced by said promissory note, and shalt pay such sums and shall discharge all
<br />taxes and tuns attrt the costs, fees, and expenses of making, enforcing, and executing this mortgage, then this
<br />mortgage shall be cancelled and surrendered.
<br />8. The covenants herein captained shall bind and the benefits and advantages shall inure to the respective successors
<br />and assigns of the patties hereto. Whenever used, the singular number shall include the plural, the plural the
<br />singular, and the use of any gender shall include all genders.
<br />4, No waiver of any covenant herein ar of the obligation secured hereby shall at any time thereafter be held to be a
<br />waiver of the terms hereof or of the note secured hereby.
<br />10, A judicial decree, order, or judgement holding any provision or portion of this instrument invalid or unenforce-
<br />able shat} not in any way impair or preclude the enforcement of [he remaining provisions or portions of this
<br />instrument.
<br />1 L Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed
<br />to the mortgagor at 2722 South ;,ocust, Grand Island, h~ 68801
<br />and any writte^.:~otice to be issued fo the mortgagee shall
<br />be addressed to the mortgagee at 424 West 3rd, P.O. Box 2006, Grand Island, t1E 68802
<br />Ito W11NfSS WHEREOF, the mortgagor has executed this instrument and the mortgagee has accepted delivery of
<br />this instrument as of the day and year aforsaid:
<br />„ ..~,.
<br />Gene KaX Enterprises, Inc. °~~"~ ~'`~-~
<br />z. -
<br />Iarr~ ~G ~besen, President n
<br />~° iA -
<br />Executed and delivered in the presence of the following witnesses: ,,=~
<br />k - - -.t eE .,:_
<br />I ~ Y~"
<br />(~t1d Appropriate Acknowledgement)
<br />STATE OF NEBRASKA i Btfore me, a qualified Notary Public, personally appeared
<br />(S ss.
<br />COUNTY OF 4
<br />kttown to me to bt identical person or ptrsons who signed the foregoing instrument and acknowledged the execution
<br />thermf to be voluntary act and deed.
<br />Witness my hand anti Notarial Seal on 14
<br />1SEAi.I
<br />Notary Public
<br />My Ct~ttiscitxt Expires , 19
<br />S'L'ATE OF NEBRASKA ~ Be€ore the a qualified Notary Public, personally' appeared , _..
<br />ss. LarzY G. ~esen _
<br />G"~PY t3F Hall ~ President of Gone Kay Enterprisea,_Inc. _~.~T.
<br />a ~, itttowd to tme to be tht President attd identical person v.•ho signed the foregoing instrument, and
<br />inowit ttie exrettCton thtrcof w be his vohtntery act and dyed as such officer and the voluntary act and deed of
<br />saiai,~ aad that its earporaee seal was affixed thertto by its authority.
<br />Wtitirss my hand and Nolanal Seal OR JaAtiazY 4 ~__~ `: 1~ __~,~_._..
<br />~,.,, ~.fNOLary Public ~ _~
<br />s~. ~ .=
<br />My C~ Expi ~` ~! ua ti tWti __.~_.,_,..
<br />
|