!~~~~iu~788
<br />9. Upon aay failure 6y the Mortgagor to comply with or perform anq of the terms, covenants or conditi^as of this Mort-
<br />gage requiting the payment of any amount of money by the Mortgagor, other than the principal amount of the loan evidenced by
<br />the Nate, interest and other charges, as provided in the Note, the Mortgagee may at its option make such payment. Every
<br />payment so made by the Mortgagee (including reasonable attorney's fees incurred thereby), with interest thereon from the date
<br />d salt payment, at the ntt of six percent (6Sra) per annum, eztept any payment for which a different rate of intettst is
<br />specified hettin, shall be payable by the Mortgagor to the Mortgagee on demand and shall be secured by this Mortgage. 'I'bis
<br />Mort$aga with respect to any such amount and the intetesC thereon, shall constitute a lien on the mortgaged property prior to
<br />lay other lien attaching of accruing subsequent to the lien of this Mortgage.
<br />I0. Tht Mortgagee, by any of its agents or reprtxntatives, shall have the right to inspect the mortgaged property from time
<br />ro time at any reasonable hoot of the day. Should the mortgaged property, or any part thetenf, st any time require inspection,
<br />repair, art or attention of any kind or nature not provided by this Mortgage as determined h9 the Mortgagee in its soli dis-
<br />ttetisa, the Mattgaget map, :free notice Eo the Mortgagor, enter or cause enteq to hr made upon, the mortgaged property, and
<br />respect, tepaac, protect, cart far or maintain such property, ss the Mortgagee map in i[s sole discretion deem necessary, and may
<br />pap a![ :mounts M moaep threfor, as the Mortgagee may in its sole discretion deem necessuy.
<br />21, 7br principal atrwunf owing nn the Note together with interest thereon and all ether <hargrs, as therein provided,
<br />and ati odtet amounts of eraney awing by the Mortgagor to the Dfortgagre pursuant to and secured or intended to be secured
<br />by tiffs Mortgage, shall immediately become dot and payable without notice or demaod upon the appointment of a receiver or
<br />lignidattu, whether voluntan or iavoluntup, foe the Mortgagor or any or the property of the Aortgagor, or upon the filing of
<br />a petition by or against the Mortgagor under the provisions of any State insolvency lour, or under the provisions of the Bank-
<br />raptty Act of 189$ as aramdtd, of upon We making by the MoNgagor of an assignment for the benefit of the Mortgagor's creditors.
<br />27te Mortgagee is auWoriaed to dedatt, at its option, all rr anp part of such indcbtcdneu immediately due and payable upon tht
<br />6appenie$ of anq of tIx following evrnts:
<br />(a) Failure to pay the amount of any instalment of principil and interest, or other charges payablt on the Note, which shill
<br />have became due, prior m tlx due date of the next such installment;
<br />(b) Noaperfarmanct by the Mortgagor of any covenant, agrttment, term or condition of this Mortgage, or of the Note
<br />(empt ss otherwix provided in subdivision (a) herrnf) or of any other agrrcment herctofarq herewith of heruftez made
<br />by the Mortgagor with the Mortgagee is mnaertion with such indebtedness;
<br />{e) Fsilarc of the Mortgagor to perform any <avtnaat, agreement, even or condition in anp instrumrnt creating a lira upon
<br />the mortgaged property, or arty part thereof, which shall have priority aver the lien of this Mortgage;
<br />(d) The Mott;a;ee's diacavery of the Mortga~tttr's failure in aay sppli.ation of the Dfortgagar to the Mortgagee to disclose
<br />aay #aet deemed by the Mortgagee to be material, or of the making thereto or in aay of the agrermeats entered into
<br />by the Mart$agar with the Mortgagee (including„ but not limited tn, the \ote and this Mortgage) of aay misreptcseo•
<br />cortege bp, on behalf of, as for the beirtfit of, the Mortgagor;
<br />{e) 'Iit soft, base ru oehcr tnasfrr of aay kind ar stare of the mortgaged property, ar anp part thetenf, without the prior
<br />wrfttm caaaeat of the Mortgagee;
<br />{n 7'he enactment after the date of this Mortgage of nap law of the Scare of tic3+raska deducting from the value of
<br />the mortp$cd pmpeeg for any part thereof), for the purpox of tazation. any lien thereon, o: changing in aay wap
<br />its kws for the taxarioa of mortgages ar debts se~vred by mortgage for sate ar Iocs1 purposes, or the manna of ml{ec-
<br />ta~ of s~ stash tar, so u to affect this Morrga$e, and if after such enxRmrnt or change the holder of the Note and this
<br />Mart;age gives writtrn notice to the Diortgagar deiluin$ the lore and all other indebiedrrss secured by this Mortgs$a
<br />eo he doe and payablq bmux of any such enactment or dsanae, immediately upon the ezpirataan of thirty ('10) days
<br />aker aarh antra.
<br />Ybe iNOttaa;ee'a faitate to egtcix aay M its ri;hts herenteda stall not constitute a aairet thereof. All the events in this Pua-
<br />~ mamented capon the happening of any of schich the \otr shall bnome, ar may be declared to be, irnmedistely due and
<br />payable, ate is this ldatilage catltd "events of defaair"-
<br />it Tie INS a may tram time to liar care each default under any caseaant at a$rremtni in aay instalment antra; a
<br />Rea open the rmrt;a;ed preperip, or nap put theeof, which slap base priority aver the lien of this Mertga;e, to such ezteat
<br />n the 3kut;a$ee mar ezclusively detamiae, and ucb smoaai }aid (i# anp) by the liongagec to cure sap such default shall be paid
<br />by dr itrlart;a;ar ~ the fifortq$te; and ~ ![art~;er shall also iaecasx sober>$ated to whatever rights the balder t>f the prim
<br />iron aa;bt hour undo seuh ist.
<br />13. {a) Afut the hsppesia; of anp default hzretuidrt, the Mortgagor slut! apace demand d ffie Mortgagee surstadet posses-
<br />siaa of the sasr!$~yac} proprrrf to ttie 3fartEagtr, and the MMt;ogre may rater suit property, and [ex the same and cottett alt the
<br />teats tltadsam whits are dot ar tb bttorne doe, and apple the saate, after payment of alt charges and expenses, an ucouat of
<br />fie inddfedaca laereip trxntad, sad all satb carts and al! lusts tzifiiag st the ciao of such default are 6eitby assi$n+_d Lo the
<br />n fntdiex acutaty far the psyantui of flu ia$tbttKlreess secured hereby; and the Mortgagee may also dispossess, by the
<br />aaaal sasuaretp proceeriiag, nap tenant ddaaltiag is the payment of aay rear to the Mortgagee.
<br />(i) h ffie avast that tik Hartgagar +acrapies the marYpged gruprrty or nap part thereof, the Mortgagor agrees M sutrtodtr
<br />psmasrioa d sad+ psaperty to the Mortgagee iamediatrl; after nap sack ddault herrussder, and if the Mortgagor remains in par
<br />ta±~na also s~ -~-sau!r., s~ paasns~ shall be as : irmat ,f SSe 'Mortgagoe a.~ tisr Ma;t$a~r slap gay in adsanct. upon
<br />demaod ~ ffie Mme, as a teasooahlt 1f rental #ar the preauscs accapicd by ttrc Mortgagor, an amotmt at Itast egaiviltni
<br />ao itaetait~ ad the aWvPrt of the iwetse moathty iostatlterats p:,i •hlr is tfx current calendar year, Plus ffie nectar amount ~
<br />tic aae~l ;[otmd rest, if arc, tags, uxssm®n. sneer rafts, other govrrammW charges sad iasursatt premiums psyabk in
<br />otmaardoa with the mot[$a$rd property durist$ sn~ you, and nptm the iailtttt of the Martgs;or to pap such monthly renal,
<br />!bt ;m say sloe be ~ ~bp tfx usual sssromar; prticeedrags apf+iirabte to ttaatits. This coveaani shall became
<br />autism iaemed`aately rapm the happestirt; of anp soda ddault, ss determined is tIx ante discretion of the Mortgagee, rho dull
<br />~ raatice ref tauh dttuaeinatiras to xht 7doi2$agar; sad tar •ffie cox o£ forrtasure acrd the appaintmtat of s receiver of the teats,
<br />dte +~ aFVtsam mall iarst sri ffie haxii! ~ axle rec2iser.
<br />li lit ltart;a,/ee m aay nation to fwecfe.se Chas DiaaTpgt shall be entitled to the appoiatttxai of a rrttiser without rsotir4
<br />tp a stNSet of ~ sad witiavt taYud ~ the valat of the mort;a;ed propene, or the solvency ar insolxenQ of the Mortga;ot
<br />ar tgiec pas1J Iiaile lot the payment ad tie Alan sad olitr itrdebtcdtxu secured by ifas Mart;.t$e
<br />13.. lie )tet~s;ra. witftiq ten (tfl) daps taptte regstcat is person or witltin tsruty (20) days upon request by mail. will
<br />fmaitl ~ a w#ittatt ttatammt ~ farm rtuidacEOry to flee Mottp;ee, si;atd by ~ Mortga;or sad duly ackaowltd;ed, of
<br />'the amemt data as'ittt au dte Notc asd adres atxured by tits Marip;t, sad whalier sup offsets or Menses
<br />Y~Fa ~- ~ a®r- oaf p'rt tiatta[.
<br />ffi A7ac ~act;yet ~ .;iaR amardsate aoLot by .~ "' t» [ertifitd mall to the ]Sdilftai;K lit anp tut, damage ar other
<br />a afiext~ ~[ psapary, m of aay casny+aa. txaader air chats;c ie ownership of such property, or anp part
<br />- dtatauG .
<br />Ly. Ido6rar sad dettsmd ar stgnest _~ be anode in ~ ;*/:,$ std may be sensed in person a by rruiL
<br />1S. !s ufa d a fansiaAUe oak ~, t6e d property it aay be sold iei ens parcel.
<br />39. 'tie ]Idwl;pnr'ss~11 oat ~ $e Yeffis. if-~ Lt trhofe a is part, from the tswrigaged property, or any part thereof,
<br />-r~ ~ of ;~ '~t'~~.
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