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<br />83~ 001507
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<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 instrumentand ev!4enc"
<br />ed by said proinissory note, the mortgagee will be entitled to a deficiency judgement fot the amount of'tlie
<br />deficiency without regard td appraisement,
<br />
<br />7; In the eVent the mortgagor fails to pay any federal,state, of local taxassesment,incometaxorothertaXlien,
<br />charge., fee or other el\pense char~ed against the property the mortgagee is hereby authorized at its optiOn topa.y
<br />tbesame. An)' SUIDS so paid by the mortgagee shall be added to and become apart of the principalamountoftlie
<br />indebtedness evidenced by said note, subject to the same terms and conditions, !fthe mortllagorshalIpayand
<br />discharge the indebtedness evidenced by said promissory note, and shall pay such sumsandshalldiscliarg~ aU
<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 tbe 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 beheld 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 P.O. Box 2198, Grand Island, NE 68802
<br />and any written notice to be issued to the mortgagee shall
<br />be addressed to the mortgagee at P.O. Box 2006, 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 />'~f~~t~P::::~;I~?'~~9P.."."". ,
<br />
<br />" Y..",.."......,",...,......,'~..
<br />Donald H. Kruse, President
<br />
<br />Executed and delivered in the presence of the following wimesses:
<br />
<br />(Add Appropriate Acknowledgement)
<br />
<br />STATE OF NEBRASKA }
<br />
<br />COUNTY OF 58,
<br />
<br />known to me to be identical person or persons who signed the foregoing instrument and acknowledged the execution
<br />thereof to be voluntary act and deed,
<br />Witness my hand and Notarial Seal on
<br />
<br />Before me, a qualified Notary Public, personally appeared
<br />
<br />,19_,
<br />
<br />(SEAL)
<br />
<br />Notary Public
<br />
<br />My Commission Expires
<br />
<br />,19_,
<br />
<br />STAlE OF NEBRASKA t Before me a qualified Nowy Public, personally appeared ___
<br />, ss Donald H. Kruse
<br />C01,INTY'. OF Hall " President of FrnnH.... P..~..tj4il$ CorporatiQIl
<br />a~at1oll. known to me to be the, President and identical person who signed the foregoing instrument, and
<br />.~ledaed theex~tion thereof to be his voluntary act and deed as such officer and the voluntary act and deed of
<br />S4idc<<poration and tbat its corporate seal was affIxed thereto by its authority.
<br />Witness Illy hand and Notarial Seal on .Karch 29 _ , 19-1U...-,
<br />
<br />(SQAL) c-x -- ,.-r<~ .;., .,tfti!'--iE7 ---
<br />n-.....--.......~..l Notary Public
<br />M)'C~Expi.r. ~..~~. ___,
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