83000652 - Laserfiche WebLink

Browse

83--~1C10652 6. In the event said property is sold at a judicial foreclosure sale or pursuant to the power of a sale hereinabove granted, and the proceeds are not sufficient to pay the total indebtedness secured by this instrument and evidenc- ed by said promissory note, the mortgagee will be entitled to a deficiency judgement for the amount of the defrcienev without regard to appraisemerrt. 7. In the event the mortgagor fails to pay any federal, state, or local tax assesment, income tax or other tax lien, charge, fee or other expense charged against the property the mortgagee is hereby authorized at its option to pay the same. Any sums so paid by the mortgagee shall be added to and become a part of the principal amount of the indebtedness evidenced by said note, subject to the same terms and conditions. If the mortgagor shall pay and dischazge the indebtedness evidenced by said promissory note, and shall pay such sums and shall discharge all taxes and liens and the costs, fees, and expenses of making, enforcing, and executing this mortgage, then this mortgage shall be cancelled and surrendered. 8. The covenants herein contained shall bind and the benefits and advantages shall inure to the respective successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shat) include all genders. 9. No waiver of any covenant herein or of the obligation secured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the note secured hereby. 10. A judicial decree, order, or judgement holding any provision or pottion of this instrument invalid or unenforce- able shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this instrument. 1 i. Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed [o the mortgagor at 2747 Lakewood Drive. Suite k4 Grand Ic_7and raF hAADt and any written notice to be issued to the mortgagee shall be addressed to the mortgagee at P•O. Box 2006, 424 West 3rd Grand Island NE 68802 IN Wll'NESS WHEREOF, the mortgagor has executed this instrument and the mortgagee has accepted delivery of this instrument as of the day and year aforsaid. s ._ ~ Steph D. Nuss f ..............ti~.~ ... G~... ~ -4c~ :~ Mary A: ss Executed and delivered in the p~ of the following witnesses: .................................................... (Add Appropriate Acknowledgement) STATE OF NEBRASKA i Before me, a qualified Notary Public, personally appeared 7 ss, Stephen D. Nuss and Mar +~A. Nuss COUNTY OF Hall __ known to me to be identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and Notarial Seal on Februarv 4 , 19 83T_. £ENFML N£TANY-Bata d Na6ua4a ~y `~ ~ ~) (SEAL} C. GAREY HEtDER ~ , ~ ~ ~, ply Comm. Exp. Au& ~• 1985 No ary Publie My Commission Expires ~ ~'3 ~{ , 19 . STATE OF NEBRASKA ~ ~ Before me a qualified Notary Public, personalty appeared ----~_ ss, _ Ct71INTY OF President of ~, V__. __~.. a cnrptu&tEZ}t, krLgwn to me to be the President and identical person who signed the foregoing instrument, and aelagwiedged-the exa:utioA thereof to be his voluntary act and deed as such officer and the voluntary act and deed of sa4l t~ttaiicn-and that its corporate seal was affixed thereto by its authority. W fitness. my hand and Notarial Seal on ,~__.__-.~_, t 9 ______ . (SEAL) _ _ _ M - ~~ ~_Notary Public__~_------~._ i C~i€sionExpirsa ~..w.~___ . _..~,__.,._.., f9