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<br />83-e01357
<br />
<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 appraisement,
<br />
<br />7. In the event the mongagor fails io 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 evidenced 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 shall pay such sums and shall discharge all
<br />taxes and liens and the costs, fees, and expenses of making, enforcing, and executing this mortgage, then this
<br />mortgage shall be cancelled and surrendered.
<br />
<br />8, The covenants herein contained shall bind and the benefits and advantages shall inure to the respective successors
<br />and assigns of the parties 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 />
<br />9, No waiver of any covenant herein or 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 />
<br />10, A judicial decree, order, or judgement holding any provision or portion of this instrument invalid or unenforce-
<br />able shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this
<br />instrument,
<br />
<br />II. Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed
<br />to the mortgagor at 8857 Basswood Rd., Eden Prairie, Minnesota 55344
<br />
<br />and any written notice to be issued to the mortgagee shall
<br />be addressed to the mortgagee at P.O. Box 2006, 424 West 3rd, Grand Island, NE 68802
<br />
<br />IN WITNESS 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 />t.... / /.....!.../;/
<br />4 ~ / '.' I
<br />",. . ."., J,t.a. ,fl, /!{/:1:I.z(~~1""",
<br />
<br />GuY/lj. Drake, Jr.
<br />
<br />"'" ,n01\~, ,Th:, ,~"""""
<br />
<br />, NanijY M. Drake
<br />
<br />Executed and delivered in the presence of the following witnesses:
<br />
<br />,_\.~v,..,,:-:~, ,,-;:')::~"Y.--d-X""""""~
<br />l
<br />/
<br />./
<br />
<br />(Add Appropriate Acknowledgement)
<br />
<br />STATE OF MINNESOTA
<br />
<br />} ss.
<br />
<br />Before me, a qualified Notary Public, personally appeared
<br />Guy A. Drake Jr., And Nancy M. Drake
<br />
<br />COUNTY OF Hennepin
<br />
<br />known to me to be iqentical person or persons who signed the foregoing instrument and acknowledged the execution
<br />tbereof to be theJ.r voluntary act and deed.
<br />Witness my hand and Notarial Seal on
<br />
<br />March 4
<br />
<br />, 19..aL....,
<br />
<br />~ JA..~~I, ;;,,7/~,~~,~,~~~N
<br />
<br />~ Dld~OTA COUNTY
<br />My ~mmi1.siQn ~x~;re' OK. i6, 1989
<br />
<br />~~~-<.J<C-e~
<br />F Notary Public
<br />,19~,
<br />
<br />(SEAL)
<br />
<br />My Commission Expires December 16.
<br />
<br />STATE OF NEBRASKA t Before me a qualified Notary Public, personally appeared
<br />I ss.
<br />CQUNTY OF' } President of ________~,
<br />a.cQl1lOl'll!ion.kno~n to IDe to be the PrC$ident and identical person who signed the foregoing instrument, and
<br />a~l~the CllCl;utionthereof to be his voluntary aCI and deed as such officer and the voluntary act and deed of
<br />Slti4~OfJ'lO!'atjon alld that its corporate seal was affixed thereto by ilS authority,
<br />Wit~ my b.andand Notarial Seal. on . , 19 _.__'
<br />
<br />(~)
<br />
<br />Notary Public
<br />
<br />My CQ!ll,JJli5~OOE)\pir~ _._..,__,~__.___.._,.~._,.., 19....,_....'
<br />
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