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<br />3. The mortgagor cov-enante and agrees that if he shall fail to pav said indebtedness ur an} part'thereof when
<br />dtte, or-shall fail to perform any rzrvenaat or agrcemeat of this inairoment or the.promieeory note secured hereby, the
<br />etttfre indebted~ss hereby secured shall immediately becorne ~dae, pavaLle, and collectible without malice, at the
<br />option of the mortgagee or assigns, regardless of maturity, and-the mortgagee or his assigns may before or after coin' -
<br />e~l-said property withoui.appraisement I the mortgagor having,waived and assiKnrd to the mortgagee all ri¢hts of
<br />appsa»eareax) :
<br />t t) at judicial sale Vutsuant to the provisions of `28 U S.C. ZIN)1 i a 1 : ur
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<br />([t) at the option of the mortgagee, either by auction or by ao&citation of sealed bide, for the highea a>td
<br />beat bid wmplying with the terms of sale and manner of payment specified in the published ttotirx of sale, first
<br />giving four weeks' notice of the time, ternrs, and place o[ such sale, by advrrtisrmenl not lesm than voce
<br />daring each of said four weeks in a newspaper published or distributed is the county is which said property
<br />is situated, all other notice being hereby waived by the mortgagor (and said mortgagee, or any peraoa aft
<br />behalf of said mortgagee, may bid vrith the unpaid indebtedness evidenced by said notel• Said sale shat. bg
<br />held at or on the property to be sold or at the Federal, county, or city courthouse foe the county fn which the
<br />property is located. The mortgagee is hereby authorised to execute For and na behalf of the mortgagor sod w
<br />deliver to the purchaser at ouch sale a atrfficient rnnveyance of said property, which coavepaace shall contain
<br />tsritala_m-ta. the happening of_the default ugoa which the executfaa of the power of sale berets granted
<br />t~et=Urii3~ lire eitYd iftottgagor'hereby conatitutee and appoint the mortgagee or any agent or nttotaey of the
<br />rtiartg~fgee~h"~=3,1'' ari_ rt'_a_tttirneq in fact nt said mortgagor to make 'euc6 recitab and to a:etuta.-arid
<br />rannagrrro~ ~ th~*o~~ ~ ~~ ~s~• and agrees that the recitals so made shall be effxtual to bsz-all egaitp or
<br />right of redemption, homestead, dower, and mll other exemptions of the mortgagor, all of which are iierehy
<br />expressle waived and conveyed to the mortgagee: or
<br />(ut) take an}' other apprap elate action pureuaut to state ar l•'edera( statute either in stair or t'edrral
<br />caret or otherwise far the disposition of the property.
<br />fn the event of a gala u Ftereinbe(orc provided, the mortgagor or sap parcona is poaenaitm. trader-the. raor4
<br />gagor shall then become sod be tenants holding over and shall forthwith deliver possession to the purchaser at
<br />such sale or be summarily diepoasessed, in ureordance with the provisions n( law applicable to tenants bolding over.
<br />The power sad agency hercb}- granted are coupled with an interest and are irrevocable by death ar otherwise, and
<br />are granted as cumulative to the remedies fur , olleetian of said indrbtednr,.s provided h+- laa~.
<br />4. The ptoceede of any ease of said property in accordance with the preceding paragraphs shall be applied first
<br />to pay the coats and expenses of said sale, the ezpeasca inturred by the martgagct far the purpose of protecting ar main-
<br />taining said property, and reaaarsablr attornepa fees; secondly, to pav tlw iudebtedures secure+i Irerrlrr: enel iltir+ily.
<br />to pay any surplus or excess to the person m persons legally entitled thereto.
<br />S. Lt the event said property is sold at a judicial force Insure ode or pursuant to the power of sale hereinabove
<br />granted, and the proceeds are not sufficient to pay the total indebtedneae secured by this instrument and evidenced by
<br />sold promissory note, the mortgagee will be entitled to a deficiency judgment for the amount a( the deficiency without
<br />regent to appraiaement.
<br />6. Io the event the mortgagor tails to pa) ar) Federal, stale, ur local ins assesemart, incase tax u ~ other fay
<br />lien, charge, Eee, or other expense charged against the property the mortgagor is hereby authurizeJ ut his option w
<br />pay the carne. Any awns w paid be the mortgagee shall be added to and become a part of the principal amount of the
<br />indebtedness evidenced by said Hate, subject to the same terms and conditions. [f the mortgagor shell pay and
<br />discharge the indebtedness evidenced by said promissory ante, and shell pay such sums and ehal! discharge ail
<br />taxes and liens and the coat, fees, and expenses of making, enforcing, and executing this mortgage, then this mortgage
<br />shall be canceled and surrendered.
<br />7. The coveaan4 herein contained shall bind and the henehW and ad+untagus ball inure to Ihr r,~spr.~ti„~ .a~-
<br />ceawn sad asaigste of the parties hereto. Whertever used, the singular number shall include the plural, the plural the
<br />singulu, and the naE of any gender shall include all genders.
<br />8. No waiver of any covenant herein or of the obligation secured hrrehf shall st ,un tenu• thrr.~alt,•+ la~ held
<br />to he a waiver of the terms hereof or of the note secured hereby.
<br />4. A jaditial decree, order, ar judgment holding any prnviaion or purtim, ui this iustruuwnt ia.alid .,
<br />forceable shall not in soy x'ay impair or preclude the enforcement of the remaining provisions or portion.e of +t l,,.
<br />iratru®eat.
<br />!~ P vy wriitsatwiies to fie irsural to the rsortgagat pursuant to the previsicua of this inatcuurent shall ba ad-
<br />drtati...-~ortgagurat Ilcniphan, tbraska
<br />and any written notice to be issued to the martgagec shall
<br />be add; d to t>~ ~rtgaga at Doni.p`rtar:, ..ebr._~..t.
<br />Sea rcr:v ,zs t~.~x~
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