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<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 <br />