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S. Tlie mortgagor covenants and agrees that"if he shall tail to pay said indebtedness or au}' part thereof when due, or shall fail to perform any covenant or agreement of this instrument or the promissory note secured hereby, the entire indebtedness hereby secured shall immediately become due, payable, and collectible without notice, at the option of the mortgagee or stseigns, regardless of maturity, and the mortgagee or his assigns may before or after entr+ sell said property without appraisement (the mortgagor having waived and asaigaed to the nrortgagee all rights of appraisement) I t ~ at judicial sale purouant to the provisions of 28 U.S.C. 2(x)1 I a 1 ; ur { tt) at the option of the mortgagee, either by auction ar by solicitation of sealed bide, for the highest and beat bid complying with the terms of sale and manner of t~ayment specified in the published notice of sale, first giving four weeks' notice of the time, terms, and place of such +ale, by arl+rrtisement not less than once during caclt of said four weeks in a newspaper published or distributed in the county in which said property is situated, all other notice being hereby waived by the mortgagor {and said mortgagee, or any person on behalf of said mortgagee, may bid with the unpaid indebtedness evidenced by said note). Said sale shall be held at or on the property Yo be sold or at the Federal, county, or city courthouse [or the county in which the property is located. Tate mortgagee is hereby authorized to execute for and on behalf of the mortgagor and to deliver to the purchaser at each sale a sufficient conveyance of said property, which conveyance shall coataia recitals as t. the happening of the default upon which the execution of the power of sale herein granted depends; and the said,~rtot~gggor hereby constitutes and appoints the mortgagee of any agent or attorney of the niaaKygagee, the agent and atey in fact of said mortgagor to make each recitals and to execute said conveyance sad hereby covenant; sad agrees that the recitals so made shall be effectual to bar all equity or tight of redemption, homestead, dower, and all other exemptions of the mortgagor, all of which are hereby expressly waived and conveyed to the mortgagee; or turf take any other appropriate action purnuaut to state ar M'edrral statute either in ,late ur h'rdrral court or otherwise for the disposition of the properh. In the event of a Bale as hereinbetore provided, the mortgagor or any persons tut possession tinder the m~rt- gagor abail then beeoms~ryd.~Vsrtante balding over and shall iorthwith deliver possession to the purchaser at euchr•be•eummaily d-Ispos, in accordancx with the provisions of law applirablr to tenants holding a+er. The powei~ad agettcy hereby gragtg{dt are coupled with an interest and are irrevocable h} death or otherwise, and are granted as cumulative to the remedies for colleetian of said indebtedness provided by law-. ~. '1°he prac~da of any sale of said property in accordance with the preceding paragraphs shall be applied first to pay the coats and expenses of said sale, the expenses incurred by the mortgagee for the purpose of prottctittlt ar main- _:-t _-*• ^a - „-4,1n ..i,..«a.-•' fee=_. ~ .,.tt„- ,., „ tl,r indebtedness ereurral hrreh+. anti thirtlly, to pay any surplus ar excess to the person ar persons legalh~ entitled iliereto. 5. In t4tx event said property is sold at a judicial foreclosttre sale ar purauam to the paver of sak hereinsbove g-rastad, tint; the proceeds are not attf~iani to pay the total indebtedness secured by ibis instrument and evidenced by _-.ad 1r'°om~sv~ajic, tsia trartesgse .rill ba cntitlau' to a deficiency jtsa'gtnent tae tnt• amount ai tlfe de~e;znc`Y t~iitarit regarxf r.o afiprttfsesriersr. b. In the event the mortgagor faits to pay city Frdrral, state, ur ;oral ti:x aasrsemeut, income tax or uthrr t.t+ lien, charge, fee or other expense charged against the property the mortgagee is hereby authorised at his option to fay the same, Any soma so paid by the mortgagee shall be added to and become a part of the princilia) amount of tlic indebtedness evidenced by said Hate, subject to tits rams terms and conditiaas. If the mortgagor shall pay and discharge the indebtedness evidenced by said promissory Hate, and shall pay such soma and shall discharge all tatter and liens and the costa, fees, and experses of malting, enforcing, and executing thin mortgage, then this mortgage chaff be t anceled and surrendered. -t. the rovensrtU herein +xis:tainad shall bind and the toetiefits and advantages shall inure w the rrslii•ctivr suc- cessors and aseigas of the parties hereto. Whettcver used, the airtgular number shall inclttde the plaral, the plural the alaattlar, and the ttaa of any gander shall s»ehtde all genders. o. 1'eo waiver of ally ~+vswant herein or of the obltgation secarrd hereby rltail at arty time therraftrr Ire field to be a wgiver of Ilse terms hereof or of the rata secured hereby. 4. ,~ ;tadieiai deerae, order, ar jttdgment lioltling any provision ar purtiou of this imtrument ntvalid ur untnt• fat+aeab3e al.all sat its any way impair ar pry-clads lbts onfareent+^nt of the ramainirig prurisinnr or Iwrtionn at this --t. 10. Any rreidtea tiodee m be issuod to the mortgagor pursuant to the proviuicas of this instrument shall be ad- dreesadtatbtwmartgtylatrat q03 fiast Dtadge, Grand Island, Nebraska 6$p~tfll and aAy written tsadoe to be ;trued to the mortgagee nitall be addressed to the mortgagee at p-p, Hox 1267, Grand Ssland, Nebraska 68801 coo az~.z~~ 56A Forexi g3a 4%.79!