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r°- f No. (2) That failure to pap any of said money, either principal or interest, whin the same becomes due, or a failure to comply with any of the foregoing agreements, shall cause the whole sum or sums of money herein secured to become due and collectible at once at the option of the mortgagee, its successors or assigns. (3) Ia case of a foreclosure of this mortgage under any of these provisfons, a receiver may be appointed to collect the rents, and profits from the mortgaged premises and proceeds of any such. rents and profits so collected shall be applied on the debt secured hereby. (4) The mortgagor to have the privilege of making prepayments on the principal of the mortgage debt without premium as provided in such note. Dated this 9th day of October, 1979. STATE OF NEBRASKA ) - SS: COUNTY OF HALL ) GRAND ISLAND SCHOOL OF BUSINESS, INC. By~ / C~`~-~ E. T. P zek, President i '% -r' t Oscar G. Mueller/, Vice President On this 9th day of October, 1979, before me, the undersigned, a Notary Public, in and for said County, personally came E. T. Placzek, President, and Oscar G. Mueller, Vice President, of the Grand Island School of Business, Inc., to me personally known to be the President and Vice President and the identi^al persons whose names are affixed to the foregoing conveyance, and acknowledged the execution thereof to be their voluntary act and deed as such officers and the volun*arv net and deed of the said Grand Island School of Business, Tnc. ~N'.'-~•2 ~eg~my hand and seal at Grand Tsland, Nebraska, in said Gounty_ , the d~~a~de ~ above written. Y ~'•; *; C Th; *~~UIJ : ~ F tirr /l_.?u~o..v. c{._~-~ . -71~ `T~l~'` , 7• .1c~6:~ Notary Public E' ' ''~~ M expires 77, l4rP~.