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<br />adldliti~~on~a1 a~dw~anc~es, or in the event the IbGor~rgal~a'r s~~hr~ul4d sel'ii,, edta~e~r,r,.~+~tright~, ~r~y land
<br />contract, '~~,~ ie~ase purchase agreea:~;nts, or atiserwiise, a^ titN~ th,e,re,to s8iauiirl atiheriwtse
<br />become vested in persons ether than the ;~`ortgagar; then, the whole indebtedness Hereby
<br />secured shall thereupon or at any time thereafter, a# the op#ion of fihe Association, become
<br />immediately due and collectible without further notice and this Mortgage may then be #ore-
<br />closed to recoveF the same, with interest thereon, at i~; °, and all reasonable casts
<br />and expenses of suit, including abstracting or title search fees. Acceptance t; Mor#gagee
<br />of one or mare installment payments on the indebtedness secured hereby subsequent fio any
<br />sate or change in ownership or possession of said real estGte, or any part thereof, as
<br />above provided, as to which mortgagee has not granted its written consent, shall not
<br />constitute a waiver of Mortgagee's option to accelerate the whole inde6±edness hereby
<br />secured, which option may be exercised by i+lortgagee at any time. No delay or ommission of
<br />Pdertgagee to exercise any right or option accruing upon any default shall impair any such
<br />right or option, or shall be construed to be a waiver of any such detauit, or an acquiescence
<br />therein; and every option and remedy given by 'this Mortgage to the t~fartgagee may be exercised
<br />from time to time as often as may be deemed expedient to Mortgagee.
<br />Provided further that in the event of default in the performance of any of the terms
<br />and conditions of this Mortgage, the Note secured by this Mortgage, or any other notes for
<br />additional advances, on the part of the Mortgagor, the Association shall be entitled to the
<br />immediafie possession of the premises above described, together with all the. rent, revenues
<br />and income, including any land contract payments due the Mortgagor or any other incomes of
<br />any type whatsoever, to be derived therefrom, and said Association may, in its discretion,
<br />use the rents so far as it deems necessary for the purpose of making repairs upon the
<br />premises, and for the payments of insurance premiums, taxes and assessments upon said
<br />premises, and for necessary expenses incurred in renting said premises and coltecting rents
<br />therefrom, and to apply on said note and notes and agreements for future advances, until
<br />the indebtedness secured is fully paid; but said Association shat! in no case be liable for
<br />the failure to procure tenants, fo collect rents, or to prosecute actions to recover
<br />possession of said premises.
<br />Executed this day of ~~, 19~.
<br />i
<br />arles 6 an
<br />anet K. Bosselman
<br />STATE OF NEBRASKA )
<br />ss:
<br />lf}liiiTY OF HALL )
<br />,...tl ~~/
<br />On this ~ '' day of Q~J'~J ,i~ before me, a Natary Public in and for said
<br />bounty, personally came the above-named G'r1Ar~LEs D. EOSSEL;NAN ANO JAt~JET K. BOSSELMAN
<br />husband and wife to me well known to be the indertical person swhose names
<br />are affixed to the above Mortgage as grantors and ar-e severally adknowledged the
<br />said instrument and the execution thereof, to be their voluntary act and deed.
<br />wITNE55 my hand and Notarial Seal, the day and ear last above written.
<br />Notary ublic
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<br />My commission expires on the ~~ day of .~ty,-~,.~ 19~.
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