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<br />t4) Tha?, in the =v nr. •~Y:e Mn '`. ga.gct ail "'o ply aT er u, any Leap-. r.c. )i dr_: !tr. or a, p, eats, o, f.~+. k~,.p
<br />n;alntwin insurances „i,s herFitkrafore psrv :rd, or ?r 1 t ,~~y renC,, f...,, of .1:._rg ., t.3Rder' the. Y,errr.! rf ae.y :_as„
<br />Pelt, license, or privilege; nr Mortgagee is required Ca incur expenses for abstract fees, attc!;!ey fees, costs,
<br />expenses, and other charges in connection with Ii tigatiCn, Mortgagee may make suc.*, payment cr prov±de s»ch !nsur2nce,
<br />or incur such obligation, and the amounts },aid therefor shall became a par: ar the Sndebtedress secured ~•ereby d.,;e
<br />and payable Immediately, and shall bear interest from the date cf payment et the same rate as provided ! ~efault
<br />Sr. the note. "'
<br />(S) That in the avert 3•iy aw:sds rre made to the Mortgagors er their successors in interest for taking or 'a.^.aging
<br />t;y the exercise a' eminent domain the whole or an~ part cf Lhe mortgaged pr?raises or any easement therein, '_he said
<br />awards are hereby assigned to the Mortgagee; t*:e Mo^tgagee is h=_reby authorized to colie.^,t, receiv=, and recelF°t
<br />therefor and to apply the same in FaYment of atiy indebtedness, matured or unTatu:~ed, secured by tt:ls mortgage.
<br />'S) That in the event Mortgagors default in the payment cf said principal sum, cr cf any installment therpc', er
<br />-ot any 1r,Lerest thereon, at the time when the s~:,e shall be d?!e, o: wf th respect to any covenant cr ::^o.^,diLien here-
<br />ot, then, at the option of Mortgagee, the entire indebtedness secured hereby shall forthwith become due and payable,
<br />shall bear interest at the default rate described in said Hate, and She Mortgagee may i.^.u'nediately foreclose Lhis
<br />mortgage or Fursue ar>Y orher available Legal reme~v.
<br />(7) That Sn the event action is brought to *craclose mortgage, the Mortgagee shall be enti'led to im:,ediar,e
<br />possession of the mortgaged premises, and the caurt. may appoint a receiver to taka possession of said preenisas, with
<br />the usual powers of receivers in like Cases.
<br />(3) That failure or delay of Mortgagee to exer_ise any of its rights or privileges shall net be construed as a
<br />walvar thereof: that any act cf Mortgagee waiving any specific default et Mortgagors shall not be construed as a
<br />waiver of any future defaults; Chat In case of default in the paymrat of arty amortizat idn installments or interest,
<br />or in case of payment by Mortgagee of arty lien. Judgment, tax, insurance, cost or expensa, or rents. fees or charges,
<br />said Mortgagee shell have the privilege, withou*_ declarln3 the whole indebtedness due and payable, tc foreclose on
<br />account of such specific default far sucl? sums as are in Default azid such foreclosure preeeedings may be had and
<br />the land describec herein may be sold, subject to the unpaid indebtedness hereby secured, and Ch1s mortgage shall
<br />continue as a llee for dry unpaid bslance.
<br />(9) That the Mortgagee may extend and derer rh:; maturity of and renew and reamortize said Srdebte,.[!ess, ^elease
<br />from liability any party liable thereon. and release Iron the lien hereof portions of the Frnperty covered hereby,
<br />without aftecttng the priority hereof or the 11abi11ty of Mortgagors or any other party for the payment of said
<br />1rdebtedness, all such extensions, deferments, renewals, and reamortl nations to be secured hereby.
<br />(10) Transfer of Eecurlty. It is agreed between the parties hereto, their heirs, legal representatives and assigns,
<br />that [he integrity and responsibility o.' the Mortgagors constitutes a part of the consideratior, fur the note secured
<br />hereby, and that in the event the Mortgagors shall sell, transfer, or convey the proFery described herein, the
<br />Mortgagee ,gay at its option d-dare the eati:-e <<debtedress ima;ediately due and payaTiie and may proceed In the en-
<br />forcement of its night. r~ on Vany other default In trio terms cf the note end mortgage.
<br />f;•'ords an3 phrase:~ hereirz, ir•c(udi the acknc~le3 xzent hereof sha'i bF cons:seed ~.... in fife sing?<iar or ~lu*a>
<br />nt«kzrs and as mas~uti.ne, femansne, dr neu+er gprue ~ ..crer3i+ig io _h:. c-r.:e_xr.r
<br />ISEALI ~ ~/~£~>`;.Y~'a~ {S5ALf
<br />__~/`°; /~*i. Gregg
<br />(SEAT)
<br />- (SEAL) (~!7
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<br />sFATE oE~ Nebraska ~~~~le~
<br />s MAlrf ~ ISM
<br />~f,,~ . Mrorwr- 4.1r~, a0. »a
<br />`~ -
<br />E)i. this ~ ! day of_'~ p £!n ~ e r' ,,.,,.. i"c'+.L.L, ba,,,, -, a ~Utsr<< ru s a_ ~
<br />bi.it: in and far aid c!,~:rty r:G
<br />i'
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<br />sc ~t~, pt:r -;;nails .ppesrel ~'`~ari.in ~S. Gre~,g and [,ynne Gregg, (aisa 'nnaw~i as Lysine
<br />F. Gregp~), hut;band and wife _ ~~
<br />:'i
<br />tr me known to be ti,e persons !:.inied tr, a[iC who ~::xrrccted the foregoing instrument, andar,krowledged that the} exer_.uted
<br />tre ssme as their ~•olur.tary ac': and deed.
<br />M} corur;lssion axpl:•as_.}C S'n~_t ~~ /Yd~'..
<br />(SEALI ~ ~~~/.?/`Z ~ ~ ~~(SEAL?
<br />y ne Gregg
<br />(SAL,
<br />~~?a.h T mCt,,..
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