80- ~-o~sss 4.
<br />additional advances, cr in the event the iv~rtgagor c;hould sell, either cutrigt;t, by land
<br />contr~Ct, by leasa purchase agreements, cr otherwise, or' title thereto should otherwise
<br />oecome vested in person<. other than the irk rtyagor; then The whole indebtedness hereby
<br />secured shall thereupon or at any time thereafter, at the option of the Association, become
<br />immediately due and ccilectible without further notice and this t~tortgage may then be fore-.. -
<br />closed to recover the some, with interest thereon, at _ 13 $ and all reasonable costs
<br />anU expenses of suit, including abstracting or title search fees. Acceptance by-Mortgagee-
<br />of one or more installment payments on the indebtedness s©cured hereby subsequent to any
<br />sale ar change in ownership or possession of said real estate, or any part thereof, as
<br />above provide:!, as to which mortgagee has not yranted its written consent, shall not
<br />constitute a waiver cf Mortgagee's option to accelerate the whcle indebtedness hereby -
<br />:~ecured, which option may be exercised by 61or•tgagee at any tine. No delay or orrmission-of --
<br />t~ortgagcu to exorcise any right or option accruing upon arty default shat) impair any Such
<br />right cr option, ar snu11 be construed to be a waiver of any such default, or an acquiescence
<br />!nerein; and every opiit?n and remedy given Uy this I,brYgage to t!?e Morfgagee may ba exercised
<br />~f rum t i rr~r Yo t irne as of tan ~?-~- ,^. y be doomed expedient to Mk~rtgagce.
<br />Provided turthe.r ln.o! :-: ?he event of default in the performance ~=f any of the terms
<br />end conditic-ns of this ti;:rt.;~,:e, the Nota secured by this `k~rtgage, or any other notes for -
<br />additional advar?cos, cr. Y..e parfi of the T,ortgagor, -the A~~sor.ietion Shall 6e en ti tied to the- "
<br />irimediatepossession ci the ;?remises above 'le-cribF ii t5gether with alk the rent, revenues ~~i.__
<br />and income, includir:~ any lams contract pa}non s d(ic th,: f.nrtgapor cr any ottaer incomes of
<br />.:ny type xvhatscever, ,o ba deri•retl t!?erefrom, and <,S?id Association may, in its discretion, -
<br />use the rents so far as it deems necessary ter the'grurpose of making repairs,upen the
<br />prlemises, ~~ar?d for the payments of insurance premium~t~, taxes and assessments upon said
<br />pr;E:miSaS, ~~~c.,., for nece~s.ry expen=_a:_ ~..curred in r;3r?tinc; said premises and c~3t looting rents
<br />*n~rafrom; and to apply on , .. .. ~o-- and notes an,: +~agreements for future adv,+,ances, until
<br />i
<br />tht7 tr~debtednC55 Secure;, .~ ful i'. r~• but ,aid As f'rc:i3tiiJn ,hall in n4 CBSB he liable for
<br />tnr Failure ro ;^.rocurc ,...!ants, to~ccl!act nfnts, ~?r ~[u ~r~>seCUte ar:rians to recover
<br />,.c_~t._..~cn E,. said prem;~~~.
<br />~~acutaa this ~'`r _day or September ~~, ~.~ 80 •
<br />_ir.r~ _ «___. _Y.a 1
<br />.. ~.
<br />c.ilti,lTy C~F WAIL )
<br />On ~~~ ;ay September 1980 t.c~^: re re-, ,. ~,r .e ,,,~ ,
<br />PkrFarr F'r.~C'i=: in do-: ':?r' _.ii-.l ~_~ur ;-ar~---.,~dfl; -rsrv kcbert_'._ h•n±rnan_~,__...._ ._'.
<br />knew fc~ t?e rt:e iu<r,tic;al l'e~ ~n xi cr ~.s.: ~.:utr>q 1r+e ~; ~.r:~in ~ inr.} .a~.:•: .,-w ire ur7tr; ~ .,. ~..-, _,~
<br />th+ar~rt t:: uF hi~~ -:i~.n r.r°i , jr: t-~~,,.+, ,.y, t'; t•:,i.;,•ni ,. t9Ft `-If;:W ,'-?L.-, rt.
<br />a _rxrporaPi=-n, and t':~ :+s~ur.isry ~zc' .9s.: dea<~, - e - ru .,t?i=:r~t~f~.ATtQP; d,) .krrhr ~ ~ x"n
<br />weal tnwre;t« f+.,rt, n,., ,.-. -.• -. .f, ..:In:rr~ .
<br />r
<br />QIMIIAt MGIR-rtaMyM(NMrwy •,,~ J r for , ~ - t.: ;
<br />~'M~I.i
<br />P.ay i c~rnn i •, . i ;rn ex;i i re•, : __.___ ~~1-Nw~N~t
<br />LAKE`tl~w NOS±E5, !tic. A Nebraska Geeporatian
<br />
|