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<br />Assignment of Rents. <br /> <br /> <br />84 -0"',. <br /> <br />r <br /> <br />election of the Mortgagee4 <br /> <br />1,.' _ <br /> <br />rrpon any. def.~ltj <br /> <br />Mortgagee ma-y cDllect all r-en-ts and -pro,.fits <br /> <br />the continuation of such default. <br /> <br />Upon the <br /> <br />this assignment to any tenant or portion of <br /> <br />tenant shall pay all <br /> <br />until further notice from the Mortgagee. The Mortgag~'e <br /> <br />all rents received from the property to the expenses of <br /> <br />to the expenses of the maintenance of the property. a6~ <br /> <br />prlocival balanc~ of t!1e ~~otc* The <br /> <br />rents fr.om the property ir adV~i;{ <br /> <br />hece,iver. <br /> <br />Upon any default and the <br /> <br />of ~roceedings to foreclose the mortgage, the Mortgagee <br /> <br />entitled to possession <br /> <br /> <br /> <br />and profi ts dclrlng tne pendency of such proceedings. <br /> <br />of the property snaIl be delivered to the Mortgagee~ If <br /> <br />CE' possession is refused by the mortgagor, the Mortgagee <br /> <br />be entitled to the appD1ntment of a receiver for the property by <br /> <br />any court of competent Jurisdiction as a matter of right <br /> <br />regard to the solvency or Jnsolvency or the Mortgagor or the ~A-lue <br /> <br />of the peaper'ty. to ccllec[ the rents and profits from the pl"operty <br /> <br />ana appLY such rents and profits according to the orders of the <br /> <br />Court. <br /> <br />1 3. <br /> <br />Helease.. <br /> <br />When the terms and conditions of this <br /> <br />mortgage t~ave been f\Jl1y perCormea the mortgage shall be void <br /> <br />and shall be released at [he expense of the Mortgagor. <br /> <br />1 ~ . <br /> <br />Binding Effect. <br /> <br />The terms and conditions of this <br /> <br />mortgage snail tind the successors and Interest of the Mortgagor <br /> <br />ana the mortgagee~ <br /> <br />Dated: <br /> <br />-'" /-'1 <br />./" }' I J <br />----:LJzv:::'-r--f-----, 198~, <br />[ ,F <br /> <br />.,# <br /> <br />SOUTH LOCUST BUSINESS <br />CENTER, INC., A Nebraska <br />Corporation <br /> <br />..., <br /> <br />.. ?lA"€ V .;/' t',J <br />ilY:- ...~~~_j;"'4!~~"'~_ <br />ortald C.. Kraus.s. ?f"eSldent. <br />