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<br />3. The mortgagor covenants and agrees that if he shall fail to pay :aid indebtednrs; or anc part thereof when
<br />due, or shall fail to perform any covenant ar agrrement o€ this instrvtuent or the pramisearp note secured hereby, the
<br />satire indebtedness hereby secured shall immediately- became due, pa}'able, and collectible without notice, at the
<br />option of the mortgagee or assigns, relardiess of maturit}', and the mort,~agre or his assigns mac before ar after entn
<br />sell said property without appraisement the mortgagor having waived and assiKned to the mortgagee all rights of
<br />appraii3emenil
<br />t} ai judicia3 sate pnruani to 2lte pravisians af'S li.~.€;.~[~I i a . ; ur
<br />{n} at the optiaa of the mortgagee, tither by auction or by solicitation of sealed bids, for the ]»gheat and
<br />beat ltid comglpiag with the terms of sale and manger of payment speci&ed itt the published notice of sale, first
<br />givit>E four xcekf notire of the time. ternts, and place o[ such gale, by adv rrli~ement not Irrh Shan once
<br />during each of said four weeks in a nexropaper published or distributed in the county in which said property
<br />is situated, all ocher notice being hereby waived by the mortgagoz t"and said mortgagee, or anc person on
<br />behalf of said mortgagee, mar bid with the unpaid indebtedness evidenced by said note?. Said sale shall !x
<br />held at or on ibe property to Ive sold or ai the Fedrral, county, or cite courthouse for the county in which thr
<br />property k loca2urL The mortgagee is hereby authorized to a:score for and on behalf of the mortgagor and to
<br />deliver to the porchseer at nneh ask a suBteient conveyance oC said property, which conveyance shall contain
<br />reeitaL as t~ the happening of the default upon which the exeeution of the power of sale herein granted
<br />depends; and the said mot•tt[agor hereby comtitutes and appoints the mortgagee or any agent or attorney of the
<br />maatgaltee, the agrat and :ttornry in Caet of said mortgagor to make such recitals and to rxecute acid
<br />eaa:vtsaact sad brreby eoFinaaL and agrees that the recitals so made shall be eHeetual to bar all equity or
<br />~t ~ eedeatptiatt, hamesirad, doxrt•, and all other exemptian~ of the mortgagor, all of x-hich art ltrrel»
<br />ettprv.+esk waivrkl :ad aot+veyrd to the mortltaRee: or
<br />fnt) fair any other aggmpriate aMiau purn.uaut to stair or l'edera! stau~te riflery in ntatr or h-rdrral
<br />cant[ or othrrx-itr far tlx diagosition of the properh.
<br />1a the esmt ~ a axle s hereinbrfore proyidtsd, for mortgagor or arty persons in paasrasion tmdrr the atort-
<br />galtor shall then beeome and br tenants bolding over and snail forthwith deliver p©asestion to the purchaser at
<br />+aseh oak or he at~avari}v disposarsned, in acrotdaace x~th the ptrovisioas of lax applicable to tenant. holdirg over.
<br />'live pnwrrr and ageatrs heeebr ~mted are wupkd xith an iatetrst aed are irrevocable b} death or otherv+irv, and
<br />are granted as runs - 'on oC said indebiedneaa provided by lax.
<br />t~af ~t:z~i:1
<br />1T~RtIMlta-tam a arw •:
<br />~. The peoeaeda of r sak• of said property in aecordatree with the preceding paragnpha shall br applied 6trt
<br />to psi the coats eaed es<pemes o! said oak, the eaganaes iaeutrrd be the mortgagee for the purposr of protertiag or main-
<br />taitaiag said paaputt, and teaaoaable atioraevs fen.; seroadly, to pa} thr ittdebtrdnraa srcured hrrrhy: anxt thitdh,
<br />to gay acv surplus tRr ~s to the prnoa a- prxtttaa legally mtitka thereto.
<br />S L the saes[ said property is said at a }adieial foreclosure sale or pursuant to ihr poxtr of sale hertinabave
<br />graned, sad the pr~ocreds art sot stdlaeient to par flu torsi iadeluedn~ aee•ured by this itntnrrrtent sad ryideaeercl by
<br />saw ' sore, the martx>sce,yilI be entitled to a defieiervcy judtment for the amotmt of flue de~riesry sndtltart
<br />ro
<br />6a Is the rvmt the asoatXagor fail to pay attl Frdrrsl, slaty, ur local tax aareaantent, inromr tax or other tax
<br />lies[. oFaarpe, fee, ar other eageose citarl[ed a~Y the pteperty fhe mortgagoe is hereby authorised at bin option to
<br />pa; the uttate: ley astms m paid bt the mmettgagee shall be added to sad brbntme a pan a[ the priasipal amount of the
<br />iadAhtedaea er5dnocad br ,aid note, sahjeex to thy. twine tertaa sad coaditioru. )j the mongagetr shall pay and
<br />discharge zke s enidemoed by said pr•®nirory nays, sad shall pay and[ sums sad rhall discharge all
<br />tttm ral Pastas sad t3ie sort[. Eyes, ar-d rspesxn of etaiiag, ettfateieg, sad a:ecittittg 13tia mortga6e, then this mortgage
<br />sis~ he tinseled sad aertmdaasd.
<br />7. TLi otsasei hzma's esettriaod aiidl ltio3 atsd dye hr®erbb sad ttdvatvta{ta phall inure to the rraprrtive attr•
<br />tritsata and aaai~n of tLt patuea It aced, Ilse niagtitar tsamhcr shall itulade the phtni, the phtral the
<br />t sad the fro ai ar3 ~sa$er aLa~ areitzde a~ gteaders.
<br />>t, lgat araiser ai ae+7 t>nm or of the ahligaiioa setwrrd heeebr aitall at anv time iberrafter br held
<br />to lit a v~ of ~ htsts~ sr ~ t~ ~e xes~r! here3vs-
<br />t1. A jaldieia! damx. aedtrv at jad~taoat how aeY groviroe ur punioat of ilii. irWiumont invalid ur ueett•
<br />freatTrits>ilrll art io ~' waY ittapir ar pietc~de the eas£orcarertt of the iranaialing, prwisiorta or portions of Shia
<br />i
<br />10. Aagt taeltt~ ttrttise to lot issaad>0 flan paraotaat to the proriaic~ of this iaatnnetat shall he ad-
<br />iaatrtdlrikwsit!~0$ Nozth Httaard, Suite 10$, Grand Tsland, Nebraska 68801
<br />sad arty verltua eatix to he hoed to the mortaadee shall
<br />it aiixwedts tiaaott~a•et at P. t7. Boa 1507, Gzand Island, Nebraska 68801
<br />BPO p2 ~,2 ~~
<br />sA+1 ~Of~ii Y12a t2.iat
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