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CONTINUATION OF MORTGAGE AND SECURITY AGREEMENT <br />Whenever the content hereof squires, reference herein mode to the plural numher shall be understood as including the singular, and !i+.ewise, rF.a singoio~ <br />shell 6e understood as denoting rho plural. <br />This mortgage may at the option of the said mortgagee be sold, in whole or in part, o may be assigned to a corposNon created by authority cf the Unfired <br />Stars Govemmont or as an inatrvmenralify of the United Stoles Government m provided by the laws of the Unfired Stares. <br />if any action w proceeding ba comrnencad to foreclose this mortgage or to collect the debt secured hereby ro which action or proceeding ehe holder a( this <br />mortgage is mode o party or in which it becomes necessary to uphold or deFend the lion of this mortgage, all sums paid by the holder of this mortgage for the ex- <br />pens~ of any lffiigasion to prosecute or daf~-td >h< eights a:d !ion created by this matgoge shat! be paid by the rwrtgagors, together with interest thereon at the <br />rate of elersa par cant (il%) per annum, vtd anY such sum and the. interest thereon shall be a lien on said mortgaged premises, prior to any right or t[tle to, in- <br />tetesf in, ar claim upon, sold premises attaching or accruing subsequent to the lien of this mortgage, and shall be deemed to be secured by this mortgage and note. <br />In any vetion aproceedirg to foreclose this mortgage, or to cover or <o?leer the debt secured thereby, the provisions of low respecting the recovery of costs, <br />disbursements and allowances shall prevail unaffected by this covenant. <br />"This mortgage is also to be and continue to be from time to time, severity for the payment of such sum or sums of money os the mortgagee may from rime ro <br />lima in Me future advance to the morroagor, and evidenced by a vpp!emental note or notes, but the total indebtednen secured by this mortgage shall not <xceed <br />-one hundred twenty (i20} per cent of the amount now owing, xcept for any advances that may be made to protect the security in accordance with the terms of <br />this martaage." e <br />- NOW, if the wid martgagm shell canpiy with all the terms and conditiarts of this mortgage, and ih< note secured hereby, then this obligation is to be <br />void; otherwise to be arsd remaining in FuII force and effect. <br />HORIZON HOMES A@ID INVES YTS A Partnership) <br />o,~ MAY 17, 1979 by: ~~. <br />F KIRK. RN L artner <br />IMOTHY DUNK, Partner r <br />STATE OF NEBRASKA ) <br />ss. <br />C~1NTY OF ADAMS ) _ <br />On //!~ ~~f , 14 74, before me, the sulsscriber, a Notary Public duly commissioned and quoliFied for and rmiding in said <br />KIRK G. ARNOLD, Partner and TIMOTHY L. DUNN, Partner of <br />eamFy, Par°°t°{{y aPt'ear<d rna ab°°< "a>,.ad HOitIZON HOMES AND INVESTMENTS (A Partnership) <br />krsown ro be she identical person $ described in arsd verso executed the foregoing imtrwnent as grantor,S ornF Chey sevewliy <br />vdrnowleriged wid iratrumenr to be their voluatory act arsd deed. and the voluntary act -sad deed of <br />said ~grtaershi~f <br />fK WITNESS WFkER OF, 1 have hereunro set my Frond and Notarial Sea{ ar HASTINGS in wid County the day std year <br />bst a6or•e rrri*tll~ <br />~ ~ ~ ~t~t <br />fl~Q.~ - NOTARY PUfltIC <br />My Comm+ssian Esgsiras ~ ~ -~~ s r ~11~- <br />(this spots tar additional real estaM description; addersdum to mortgage or additivtol admowledgment.) <br />~ ~ <br /> ~ C V <br /> e..rj ~ .~ o c ai <br /> ~ <br />! ~ ~ ~ <br /> ~ ~ ~ C `- <br /> ~ <br />u• 4 ~ <br /> - <br /> a <br /> ' ~ =' <br />~ <br />~d~~6 ~: <br />t- o <br />r ~i,_ <br />J <br />tor: v <br /> cn u r- <br />P <br />210509991 <br />$saie ei Idreratdse ) „ <br />CtssnfY of - .I <br />.~cCC+'rr;3FNG <br />' When Reaaded Return to <br />. - ~ _ ~TAiE FEDERAL iA~INI.i$ ANv 'cGAN M$$V.ri%iT161'v <br />Box f30 <br />- Beatriaa, Nebrm4o 68310 <br />