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r ~. ~, ' <br />- <br />ID, Upan sny failure by the Marlgagnr to comply with ar prrfor n, any of !hr terms, rnvrna nts or conditions of kids Mort- <br />, ~a~e requiring the pa.gment of arty amount of rt:uncy by the Mnrtragnr. ~~thrr tlc.m t?sc principal amount of the Inan evidenced by <br />'' ', theNote, intereat qod other ahxr(;cs. as IsruvidtJ Tit the ~lofe, the Afor!i:age r: ru +y at its nation make such patentor. Every <br />' payrptot~; so ~,;mgJt 4sy the AforlFajtct (in:,lii.#irsg ranznnabte ~attnrnty't fees inaurrnl rl+crrhy}, with inrcrest thereon fusrn tfst date <br />of Much ~paymeat, ar 'the rate n("sfx ps r. rat ('!7) per annuns. extcpt any p.rpmrat f,•r whirl, a Ji((rren[ rate n( interest is <br />spetifitd herein, shall be psyatslc by :he Mortgagor to the Afortgagec nn dcm.md and shall he secured by this Mnrtgsge. Thit <br />- Aloctgage with respect to any wds amount and the interest thacon, shall rnnstitutr a hen on the mortgaged property prior ro <br />aaq other lien attaching or accruing snhsequcnt to the lien of this Mortgage. <br />10. The Mortgagee, by any of its agents or rcprexntativcs, shalt hive the right to in<pcrt the mortgaged property from brat <br />to time at any rtasunablt hour of the Jay. Should the mortgaged property, nr any part thereof, at any time require inspection, <br />repair, tare or attcntian of any kin.l or nature not provided by this Alnrtgapr as dcttrminrd by she Afortgagec in its sole dis- <br />cretion, tht Ahxfgagtc nut, atrrr ro .ire h, the Mortgagor, enicr nr uuu- retry a, hr made upon, the mnrlgagcJ property, and <br />inspect, repair, protect, art for or maintain such properly, at the Rturlga y ~.- may m rts srdr din rrtion dorm neceaary, and map <br />pay all amounts of money therefor, as the Mortgagee may in its tale discretion deem necrssa cy. <br />"~+ il. Thr principal amount Twiny; nn the Note together wiUr inttreat d+erron and all other charges, as therein provided, <br />f. }rq and all other amounts of money „u~iny; by the MonFagor to the AturtgaFrr pursuant to and secured or intended to he seturrd <br />`+..1 by this Mnrtgagq shall imme.iiatcly became Joe and payable wi!hmrt notice nr demand upon the appointment of a rcctiver or <br />l~ liquidator, whether voluntary nr mx•elunUry, for the Aortgagor or any of the property o! the Mortgagor, or upon fhe (cling of <br />'~ a petition by ar against d+a Mortgagor under the ptovisinne of any State irnolvmcy law, or under fhe provisions of the Bank- <br />rtsptay Art of 1898, as amended, or upon the m.~.king by the Afortgagec of nn assignment far the henrfit of the Atnrtgagor s creditors. <br />~, 1-he Atnrtgagor is auU,orizad to den L~rc, al its option, all or any part u( such iodchtednr<s immr.tiatdy due ant payable upon the <br />' happening of any o(.thr following a•vent.. <br />~ (a) Failure to pay the amount of any installment of principal ant iNCrest, nr other charges payaLle on the Nott, which ahali <br />have become Juq prior to the dot date of du next wch installrntnr, <br />(b) Nonperfarmanre by the Morty;.iRnr of any revenant, agrrrmrnt, term or condition n( this Mortgage, or of eht Note <br />(carpe as otherwise provr,icJ ir, subJivisuns (a) h<rnrO ur of any other agreement I:eretoA,re, herewith or hereafter made <br />by the Afottgagor with the Afnrlgagte in cunntctinn with welt indrhtedncss; <br />(c) Failure of the Alortgagnr to perform any sovcnant, agreement, term or condition in any instrument creating a rim upon <br />the mnNgagal property, yr any part U,enof, which shall have priority note the (ire of this Mortgage; <br />(d} 'Phe Alortgagec's Jisp,ecrY of Ilse Aforlgagnr's failure in any .q,pli, anon n( the Atnrtgagor to the Mortgagee to disclose <br />- any fact JerrreJ by the Mortgage, t.s !x rnatcrial, nr <sf the cooking ihrrein er in sny of the agrermtots rntsred info <br />by d+c Mortgagor with the Atartgagct (includnig, but nut limited to, the Nntt an.l this Mortgage) of any misrepresm- <br />4tinn by, un behalf af, ar fur the henr(rt af, the Mortg.rgor, <br />(e} 't'he sale, Irasr ar other transfer of any kind nr nature n( the mortgagrrl property, nr any part thereof, without the prior <br />wzittrn consent of the Atnrtgagoe; <br />((} The enactment after she date ut this A{ortgage of any law of the State of Nrhnska deducting ham the vatut of <br />I, the mortgaged property (ur any part thrrrof), far the purpu<r n( tazatian, any lien thereon, nr changing in my way <br />'~ its lasts for the taxation of n,nrtgages nr Jrhts secured by mnrty;age for state nr local purposes, or tlrr manner of eoilea <br />~- lion of any such tax, so as w alicct this Mortgage, an.l if after such enartmcM ut change the hotter of the Note and this <br />Mortgage gives written nnti,c to the Atnrtgagor .Its lacing the Note and all other indrhtealness secured hY this Marigagt <br />to 6e due and payable, heeauce of any suJ, enactment or change, iuunrJiatcly upon the expiration of thirty (>w} days <br />- after suds notice. <br />_ • • l'ht Afortgagels faituce to exercise any of its rights hntunder shall not umstitute a waiver thereof, AIf the events in this Para. <br />• graph enunteratrd upon th< happening of any of :rhicL the Note shalt hcwme, or may ht declared to lu, immediately due and <br />- psyahlt, :re in this Afurtgagr :aNed "rventx of Jetault". <br />12. 7-hd Mortgagee may (rum time to time cure each default under any uwrnant or agrament in any [nttrumtnt creating a <br />hen upon the mortgaged property, or sny part tlurnsf, wlsich shall have I,riurity aver the tiro of this Mortgage, to such s:tsat <br />~. as t}st Martbagrr rosy rxclusivtly dctrrmint, and tarn amount paid (if any) i,Y the Mnrtga(ccr to cure any such defauttshsll bs paid <br />by the Atnttgagrrs ro the Mortgagor: an.l the Atortpagrt shall stza hrsarur wkrogated to wha!cvcr rights rise holder of the prior <br />- - Urn nsfght laavv under sort, iustrurncnt. <br />- - -- ~ - - 1;. (a) Attcr the hafsptning e,f anY default hereunder, the Martytagor shall upon demand of the Mortgagee wrtrndet posse„ _ _ <br />-- ---- -- --- - - --lion of the -nsnrtgagtd property za-ttsr Afortgay;tt~ and -the Mntt~igee niay enter .iiirh property, and Ir[ tlaf urnt and-enUett all the <br />reap therefrom which are Joe nr t++ hram,c due, ant apply the sa+ae, after payment of all charges and expenses, nn account of <br />the in,lehtedness hereby xauat, nut all such rents and alI Rases txialigq at the time of such dr(ault are hrethy assigned to the <br />Mortgagor as further security far the p.rvuxnt of the indcbteJnass setrured hereby; and the Afortgagec may dso dispossess, by the <br />usual tumtnitY prueee.hngs, any q•nant defaulting in the payurtnl of any rent U, the Mortgagee. <br />(b) In the event th.,t the Mortgagor Deny+irs the mortgaged property or any pars thtrtof, the'Mortgagor agrees to suttendrr <br />posxtssion of su,h property to ti,e Atnetgxger iuuucdixtrly after my such default hereundcq mxl if the Mortgagor remains in pot <br />uvsiun aAer wdr ,trfault, suds pns•.a,su,n shall ht as a tauanl r.f the Atnrtgay:et, and the Atorlgagar shall pay in advtntt, upon <br />demand by the At.+rtgager, as a ITVxonab4 monthly fanul (ur dsc prtmias uuupi<,1 hY the Mnrlgagar, an amount at feast equivalent <br />to nnttwtt[th of Sist aggregate of the twelve nwntlrly installsnrnts pay ~hlt in the current ulrn~tar year, plus rhr actwi amount of <br />the annual ground rent, i( any, rsxrs. assesvntrnts, water rates, other a;uvrrnmrntal charges ant insutanrs ptrmuuns payabla in <br />runnecliun rid, the nuntpagtd property Juring gush yeah ant upon the failure of rht Mor1(lagar Iu pay such monthly rental, <br />the Martgagw sway oho he disp.•ssrvsed by tat usual summary prnrredingv appliaabtr to trnmh, `Ytsia covenant that) heroine <br />- c(frttivt immrdiatcty upon the happrnio)( of anY such default, as deu•rrnira~d in the sate drarttion of the Martgagtes who shall <br />' give nnti:r of wch Jetenninatmn b. the Mortgagor; ant in the use of foreslmutc ind the appointment of a receiver of the teats, <br />the within covenant shall inure u, ~hr hcnrtit u( such receiver. <br />t9. "3'ht Ms+rtgabrr in anp artron to fnrccln«c this A{ortgagr abort he entitir.l to the appmnfmrnt of a rceeiver without aotfta, <br />as a matter of right ant without rrgarJ to the value of tht moztgaged property, ur the salvensy nr iasntvrncy of tht Mortgagor <br />or other patty Kahle fur the payment of the Nnte and ocher indchtcJntss vrrural by this Morlgagr <br />- tS. The Alartgagar, within ern (t0) Jays upun.tequest in ptrsan ar within twenty (20) days upon request hp mail, will <br />lurnish promptly a written statrarent in form satisfaqury to the Afortgagec, signed by the Atnrtgagor and duly acknuwlpdged, of <br />)h~ pmount then awin(r an the Nutc and Delete irtdebttdness seturrd by this Atortgage, and whether nay offsets or defrntes <br />exist against suds indrbtedncss nr nay pact thcrrnf. <br />_ t6. 1'he Mortgagor will give immediate notice by registered m certified mail In the Mortgagee of any fire, damage or oche: <br />casualty affr,ung the mortgaged prapet;y, or of any canvtyance, transfer mrhangr- in ownership of such property, or any part <br />thtrtof. <br />17, Notice and demand or request -may be roads fn o rP:ng artd map he zeroed in person oc by mail. <br />lg. fa rase of a foretiosure _ule of the mortgage) property it mxy be sold in one parcel. • <br />tF. The Atnrtgagor vier oaf assign tt;c rents, if-nay, in wl,ss~e nr is part, fro+m the mortgaged propsrty, or sny part thtrtof, <br />witlsout the print written coalesce of the Aturtgagrt: <br />