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<br /> <br />~i . <br /><~dditianai advances, or in -the event the hiartgagor shau{d ;e;ll, either outright, by iznd <br />ion#ract, by t€ase purchase agraemenfis, ar otherwise, ar title thereto should ati'ierwise <br />b€ccr;e vested in persons other than the M1'~rtgagar; then the whale indebtedness hereby <br />secured shall thereupon or at any time thereafter, at the option of the Association, become <br />immediateiv due and caliectible without further notice and this tvb rtgage may t}ten be fore- <br />closed to r€caver-the sam,-, with intzrest thereon, at !i ~ and a!! reasonable costs <br />end expenses ofi suit, including abstracting ar title search Tees. Acceptance by r~rtgagse <br />of arse or mere installment-payments on the indebtedness secured hereby subsequent to any <br />sale or change ih a~tnei-ship or possession at said real estate, ar any part thereofi, as <br />abcive prov;ded, as tci which mortgagee has not granted its written consent, she!! eat <br />constitute a waiver of t+Martgagde`s option to accelerate the whale indebtedness hereby <br />secuced, which- option may be exerc-iced by Mortgagee at any time, Pao delay or ammission of <br />i~artgaQee to exercise-any right ar option-accruing upon any default shall 'smpair any such <br />right ar option, or-shalt be construed to be a waiver of Uny such de#auit, or an acquiescehce <br />therein; and ev-cry-option and remedy given by t»is f~tortgage to the F~brtgagee may be exercised <br />from time to time as often as may bg deemed expedient to +tortgagee. <br />Provided-further that in the-event of default in the performance of any of the terms:. <br />and conditions of this Mortgage, the Piote secured by this F<13rtgage, ar any other notes far` <br />additiona4 advances, on the part of the fr;artaagor, the Associa#ion shall be entitled tti the : <br />Ir;>a!~.ediate possession of the premises above described, together-with ail the rein#; revenu~5 <br />3r,d income, including any Cana contract payments due the h~rtgagor or any a#her.-incomes of <br />any type whafisoever, to be derived therefrom, and said Association may, in its discretion, <br />use the rents sa far as it deems necessary for the purpose of making repairs upon ti:e <br />premises, and for the payments of insurance premiums, taxes and assessments ~spon-said <br />premises, and far necessary expenses incurred in renting said premises. and caEtectincu rents <br />therefror;, and to apply on said Hate and notes and agreements far future advances, unfif <br />the indebtedness secured is fully paid; but said ASSaciation shat{ in no case be liable far <br />the failure to procure tenants, to collect rep#s, or to prosecute actions to recover <br />passess'son of said premises. <br />Executed this ?~st day of i~csmber i/-9 '3 Yj <br />- i l f ~ L..~~ 1 4 - - <br />na 'dant~'ie~ <br />Fannie underberq Van ;die <br />wTATE OF fdEd~cASKA 1 <br />Ss: <br />t.Va'iTy v~ l'in i_~ <br />On this 21st day of December ,19 78, before m€, a idatary P+eblic in and for said <br />Gaunty , persona i I y came the above named EUGENi_ VA;abd i t t~'yQ Cgtlid i E 1AVDERGERG VRNVii E, husband <br />and wi#a, each in his and her own to me c:ei! known to be the indentical person whose nartie~ <br />r~e__~r ~ „ e' .~;rtgage as granter- sand era seueraify adknowtedged the <br />said instrur,2nt and the execution thereof, to be their voluntary act and deed. <br />aiiTtiESS gy hand a:+d P~ictaria Seal, t~,r day and year ;ast above wri;ten_;.___~ <br />r datary Public <br />;4y com~'t ss i an expires an the ~ ~^ day o ~ .,~;~ , { `~ =~-~ , <br />