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79001794
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1/12/2010 9:14:28 PM
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1/12/2010 9:13:56 PM
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DEEDS
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79001794
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~ 79- ~; <br />si <br />Twelfth. It is further agreed that in case of default in respect to any of the terms of this <br />mortgage, the Mortgagee, either before or on the commencement of an action to foreclose this mortgage, <br />or at any time thereafter, shall be entitled to LLe a^^ointment of a receiver, who shall have the power <br />to take and hold possession of said premises and to rent the same, collect Lhe rents and profits there- <br />from for Lhe benefit of said Mortgagee, pay Lhe taxes levied against said premises, end keep ttte same <br />Sn repair, and such right shall in no event be barred, forfeited, or retarded by reason of Judgiaent, <br />decree or sale in such foreclosure, and the right to have such receiver appointed upon apPllcatlon of <br />'_ the Mortgagee shall eaist regardless of the fact of solvency or Snsblvency of the Mortgagor, and regard- <br />less of the value o1 said mortgaged premises, or the caste, loss, and destructton of the rents and prof- <br />; s its of said mortgaged premises during the statutory period of redemption. The right to the aDDOintment <br />~ of such receiver shall be co?rstrueL as a,tailiary to and in aid of any Other rtghts under this mortgage <br />as hereInbe*ore provided, and in no manner as detracting from or in derogation of said lien. <br />Thirteenth. And whereas the said Mortgagor in making application for a loan has made certain <br />representations to the Mortgagee as to the purpose or purposes for which the money loaned on this <br />mortgage was borrowed, such representations are hereby speclflcally referred to and made a part of <br />j this mortgage. This mortgage is made Pursuant, and 1s suDJect to all the provisions of the Aet of <br />:Congress known as Lhe F'arr.~ Credit Act of 1871, anti all acts amendatory thereof or suFDlementary there- <br />Lc. <br />t <br />~ PROVIDED, NEYBRTI)BSSSS, that this mortgage and all Lhe conditions hereof, shall be and become null <br />1 .and veld upon the making by the Mortgagor of Lhe paymenLS and meeting at conditions and covenants here- <br />. In stated, otherwise to remain in full farce and effect. <br />The Mortgagor hereby acknarledges that Lhe Mortgagee has delivered to it, and St has. at the lisle <br />3 of Lhe delivery of this mortgage, received a true duplicate copy of said lnstrusrent. <br />1 <br />~ Iii WITLESS 1~REOF, the MorLgaROr having comD17=.d with all Lhe conditions necessary to render thin <br />a valid mortgage, and its oiilcers being duly authorized to da so, has executed this mortgage and affixed <br />its seal rhnroto ~ ttie des and year first above written. <br />FAR'~1ERS UNION COOPERATIVE ELEVATOR ASSOCIATION <br />OF GRAND ISLAND, NE&RASKA <br />lSOrtgagor <br />BTilS 4!' 1A <br />ss. <br />; ~ Wit r <br />Presl4mt <br />I,ealie Schiuimer <br />•iEitAt817 <br />y ~ flR tie ~ 7 ! n d~ of ~'3 2 r r ~ } ~ _ / Sfl 3~ . tlfefcn^e five t~ Lmdersi8oad. a Motargr i~iic <br />r iD aed f9r acid Cs~uwt,T, persoeal9.y taws ,_l.~t•~{ t ~f ,,}~ f~ A a r+~ w+ t r <br />~~ <br />- u- aK peraeaaally Dame trs t+e t~ Prealdr.~t axai ~t1 r 1 ! a s ~ {~ a n s s t ,a <br />FAF3fER5 LTS+TION COOP£R.'.TI'JE II.IL*d.TilR ASSgCIATI{3is' <br />3A xae penroep~i.l7 imwee to De LBe 8ecxetar7 of t)F GIiA~7ti ic1 nun acnaacrra <br />aw8xi~e1ilawLitsa t r#re x+waea axe aftia~i to [Ito sDtse lsustx+Oeat axed aexmowiedged tifle ezetutioa <br />- t4 ~ iiaeir •olw~ net awd aeski as attlCera axxl t9e volamtary aft and 4ead of acid tor- <br />' ~ 11Ol1fi1t#4~. ~ i~1et tab !wa'<wrtta seal at sa1Q tor~eratie#x wan thereto affixed ba ita sutt[ority. <br />14't1~0R 3R a~ ~ >Iliwiai 8aa41 at ~ +': +. ~ 1's l~ ~t ~j~r- is sale th7emty. the nay and <br />Ian aLoRS wefitt~. <br />per eaaatsssaa tetras ~ ~ ~~- $G' , <br />L T iirt'iS3 <br />{Z164Li = ~ CMUa; Eap. i~mt ~.19~2 <br />'~ <br />~~~ <br />141taTy b11t >a idea for eai4 County ea4 State <br />~tt.. <br />f, <br />1~311ia J. Hanssen <br />
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