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<br />83-001760
<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 mortgagor fails to 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 authC"rized 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 />
<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 />11. Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed
<br />to the mortgagor at 117 East 5th. Grand Island. NE 68801
<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 WtTNESS 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 />Executed and delivered in the presence of the following witnesses:
<br />
<br />-/ -
<br />~/.'~?,~~.""""
<br />Robert~.- Sher~
<br />-~ , ( - ~
<br />,~a7td'.../.., :. , ... ,. ......
<br />Erma J~ Rasher
<br />//
<br />/~/
<br />"
<br />
<br />(Add Appropriate Acknowledgement)
<br />
<br />STATE OF NEBRASKA
<br />
<br />Before me, a qualified Notary Public, personally appeared
<br />Robert E. Rasher & Erma Jene Rasher
<br />
<br />Hall
<br />
<br />My Commission Expires '\
<br />
<br />
<br />(SEAL)
<br />
<br />,19_,
<br />
<br />STATE OF NEBRASKA
<br />
<br />} ss,
<br />
<br />Before me a qualified Notary Public, personally appeared __
<br />
<br />CQVNTY QF President of
<br />acprporl!.tiQD, known tQ me to be the President and identical person who signed the foregoing instrument, and
<br />ac~owlell&lld tile execution thereof to be his voluntary act and deed as such officer and the voluntary act and deed of
<br />.corporation and that its cOlpocale seal was affixed thereto by its authority.
<br />Witness my hand and NotaTial Seal on _____, 19 _..__.
<br />
<br />(S:1!,AL)
<br />
<br />Notary Public
<br />
<br />My C~on lixplre1l___________., 19 _____"
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