<br />
<br />3. The mortgagor covenants and agrees that if he shall fail to par said iudebtednes, nr an) part thereof ..hen
<br />due, or shall fail [o perform any covenant or ar;reement of this instrument or the promissory note secured hereby, the
<br />entire indebtedness heretic secured shall immediately become due, payable, and collectible without notice, at the
<br />optioet of the mortgagee or assigns regardless of maturitp, and the mortgagee or his assigns mac before or alter entry
<br />sell said property without appraisement Ithe mortgagor having waited and assigned to the mortgagee all rights n[
<br />agpraiaemen[} .
<br />1 i l at judicial sale puT*uant to the provisions of 2R L'.9.C. 2iN1I i a t : or
<br />lttl at the option of the mortgagee, either by auction ar by' solicitation of sealed bid0. for the highest and
<br />best bid complying with tht ierata of sale sad manner of payment specified in the published notice of sale, Scat
<br />giving {our weeks' notice of the time, terns. and place of such >a le, h. ad. rrt i-ement not le..~ than once
<br />dtrrittg each of said four weeks io a newspaper published or distributed in the counh- in which said property
<br />is situated, all other notice being hereby waited by the mortgagor (and said mortgagee, or any person on
<br />behalf of acid mortgagee. may bid with the unpaid indebtedness evidenced by said note}, laid sale shall be
<br />beld~~ or on tbapraperty to be sold or at the Federal, trountc, or city courthouse for the county in which the
<br />propi•rtyis losald$s'=l~e aeertgagee is hereby authorized to execute for and on behalf oC the mortgagor and to
<br />deliver' tT~'}iil,,~e; ai siteb• axle a sufficient cooveyanee of said property'. which conveyance shall contain
<br />recitals .t is the happening of tht default upon which the execution of the power of sale herein granted
<br />depends: sad the said nwrtgagor hereby ronetitutes and appainta the mortgagce or any sgertt or attorney of the
<br />mortgagee, the agarot and attorney in fact of said mortgagor to make such recitals and to execute said
<br />cotsesaace aa,l hereby eovmanL and aFreea that the recitals ao made shall be e$eciual to bar all equity or
<br />right of redemption, homestead, dower, and all other exemptions of the mortgagor. all of which are hereby
<br />expreaatly waited and conveyed io the tnortgattee; ar
<br />(un take any other appropriate action putruas.l to state or Federal statulr Tither in -tate• ur Fedrrai
<br />court or oiltetviae for the disposition of the pmperty.
<br />In the event of a sale as bereinbefore provided, the mortgagor or sac periwsa in possession tinder the mort-
<br />grtgO1 shalt then b«ome sad be tenants balding over and shall forthwith deliver possession to the purchaser al
<br />welt ask or be eamrauits dispasczasecl, in aecrordarcce vrith the proctatona of laa applicable to tenon!? holdinK Dyer.
<br />The power and agency hereby granted are coupled with as interest and are irrevocable by death or othen+ise, and
<br />are feasted ~ eumnlatice to the remedies for cotketion of said indebtedness provided be iavv.
<br />4 Tee p:nceede ~ any axle of said groptrts' in acoordaotx with tho preceding paragraphs shall be applied 5nt
<br />to pap tee crash std etas d said ask. the exixnaea iaentred by tee awrtgagce for the purpose of proteetittg or maia-
<br />taiaistg aai+d property. sad •-_~..:.;.. attaraey-s' fees: azraoadly, to pay tlee itu}ebtedness xcured hereby :and thirdly,
<br />to pas my aurglus ar eseces to the petaon or prra?aea lefatl. ent5tkd thereto.
<br />s. ]ra dse est:at mud property is sold at a jndieSal foaecloettrr ask ar pursuant to the power of talc hereinaboyc
<br />gratitad, amsl tee pa~oceeds are sat std+cimt ro pay the total iadebteederaa accused by this irotrtrment and evidenced by
<br />said • note, the mortfitE,ae will br aititkd io a d~€nieney puu'gircat for tits aaour.i of the ~~^:~s.: -.s~~
<br />~~~•
<br />6. la tl9e event the morifafor tails to pay say t^tdrral, state, or local tan aarcasmeut, ittcortte tax or other try
<br />}kq e,{mr~, ~, or Dicta e:pen;se r:hargtd agaatat the propcaay the nwrigagee is hereby authorised at his nptian to
<br />pas tee assts. Any sn>ms so paid ley the mortgagee shall be added to and btxome a par! of the priacipa) amoant of the
<br />esia~eeced b: said aeu. saeject to the roves terms sad mnditiona If the mortgagor shall pay sad
<br />diae>xr;ge dse ~ evidaeoeed bS' said prwnirory sou, and shall pay such soma and shall discharge all
<br />tines sad bites atad t~ rmals, free, and ezpeasea at uniting, eetforcittg, stall e:ecntiag this mortgage, then this mortgage
<br />bad he a~ce3ed sad ~rraa~ed.
<br />?• T9ae ooaesaata iaetteia eestaieaed aeatt hied rind tlx bmteliL sad advantage. shall inure to the rre;.rruyr >rac
<br />asteaoae rted aaatijsaa ad tie parties em+#o. mar tared, the singular aentber shall itettude dhe ptaral, the r!a.ral the
<br />a~lar, +~ad the see +d +~ ~ aealt alt gender
<br />$, lice testes ad my IrEt+ens ar of the abligatim reeured hereby shall at say timr thrrrafter br held
<br />w lta a trsisu of tee tetsea eermf as d tee aeu aeeaeed ltmsby.
<br />4~. d dnmaa seder, er jadgtaeat haJi~ any praviron t~ purtiau of this insttument invalid ur uuea-
<br />tiastsatdtla aiell sat lts +a7 yra7 aapair aar prlee{nde die eafotomset of the reeaainiatf proriaioata or portions of this
<br />1;IL ,1lsj vsrfalte t+tattiee m ie ienred is tie trtert~tgae tatatstaat M tee prmsiaicm of this inatram~t shall Its ad-
<br />dat~siie$at.eetyigptr~ i~ft0~d °;iver, .Nebraska
<br />add ran trritlaea tsesloe to ee ietaod to the mortgegee shalt
<br />k tad~eeed tan tie a»artp~ee at i~tOf2d River, Nebraska
<br />set, Fuw,s aza is.~at
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