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..__ note rate shall be the same adjusted the first day of each month. If CN_8. Base rate-exceeds 15~ then note rate sha11 not exceed 15~. If' G.w.B. base rate ~ Ulow 13~ then note rate°shall not drop; below`13~. b. Ltt the evert[ said grope-tv is Bald at a jndiciaFforeclosore sa3e do pursuant to the power of a` ale hereinabovc .-d granted, and the protc~eds are not sufFScient topaz the total indebtedness secured byil~is instrumznt and'es~idenc- cd by said promiser}• note, the moctgagr'.r wi!! be entitled to a. deficiency judgement For the amow7t of ;he M deli: iercY wilhout n~gard tb appraicem2rre ?. Ln the event the mortgagor tails to pay any f~leraJ, state, or local tax assesment. Income tax or other tat lien, charge, tee or other expense charged against the properr; the cnongagez is hereby authorized at its option to pay ~ the same ,an} sums . n paid be the mortgagee shalt to added ro and become a part of the pnnctpal amount of the ~ indebtednes evide-t~ed by said note, suhject to he same 'crms and Conditions. {f the mortgagor shall pay and discharge the mdebredness e~~idenced bg satd promissoryrlore, and shall pay suchsums anti chall discharge all 13Jie4 and Genc and the costs, fees, and expenses of making. ~utforcurg,.and execuair>~ this mortgage, then this mortgage shall tx cancelled and ~ur~ender<+d. $- Tt!e Covenants herein contained stall bind and the benefits and advantages?steaU inureCO the ros~ctrve successors and assigns of the parties hereto- ~~`hencver rased. the singular ntimbec ahalt include the plural. the plural the. singular, and the use of ant tender shall include all ;.enders. 9. No waiver iii any covenant herein or of the obligation sceuredhereby shah at any time thereafter he held r_o be a waiver of the terms Hereof or of the note ,eevred hereby:. JtJ. A judicial decree, order, or,judgetnent holding anyprovision or twrtton of~2his instrument invalid or unenforce- able shall not in any. way. impair_or preclude theenforcement ofthe remaining provisians or ponions of this instrumem. 1 I . Am~ writen notice to be issued to the mortsag~rr pursuant to the.provtsions of th~s in tromem shall 'ue addressed rn the mortgagor':at 715 Church Road, Grand Island, NE 6~$Osl ___ and anv written notice to be :issued to the mgrt3a~c~ shall be addressed to the martgagec at P.O. Hox 20Q6, 424 W. 3rd, Grand Islane~, iVgE ,-- IN V4n'FrESS WHEREt)F, the mortgagor has executed this instrument and the mortgagee has acce~tecl delivery of ehis insirtttrtent as of the day and year afarsaid. N1A?,QB, Inc. , A Nebraska Corp . Greq .1F2~e . Presa.den~' Etctvtcd and deliraed in rht laresct>ce ©f t2te faUpwng svitrtessex: (Add Appropriate Atknowledgcment) STATE OF NEBRASKA t Before me, a qualified dsDOtary Pubhc, personally aplxared __ ___ _ _ ss. --------- COU'~I'1' OF _~ ~ _ _ _ ___ __ _ -known to me to be identipl perscx. Ls persons who signal [he foregoing instrument and acknowledged the execution thereof to be __________ ~•otuntan, act acd decd, N'itrirss my hind and Notarial Scat on __~ _. J 9 __---. SEAL) Nota:,~ Public wy Camn:ission Espira ____`___________, 19 iTATE OF NEBRASKA ~ Before me a qualilteo Votan P 13 t.cr ~r pp~are~ ss, Grey Rice ~~~~- - --- -- -- C'Cll,`NTY O} _ pia%1_-- ~ Presidem e; MAROOR. T'1'- -At ~as~a orrorairirn a car}x~.ation, known ,a >x:c .o he the President and iden~i:ad pcrsoo .rho signed the fow~i~irg instrument .~nJ acknautctlge':d the cxc~-u ~o ~hcreo° tv x h oluatar> act and did as Stu} o~:ive: and the o'untaay~ -_r and d ~. ~~ ,;tit,: corpurattan ur;d Char i ~orJ~ a.e seal tins a ~fi.<cr1 thereto n s , a~;t= r t 1a`tY ss my ha: d and !~ rta ial Seal on ___Se~~ ce;zh _v_ 8 _ : °) d l ~~111~LLt-~rraapn,~. ~~. ~, .. ~.... Mra... ~.rtrc 3L tM9 ~ _. •.c ri r ~ -- ~. ?F', :r: r:~ _pi eixpirrs __ IS