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<br />30-- G 0 ~ ~ 4~ `;1
<br />B. The mortgagee may, at its option, at any time, pay the balance due under said security
<br />agreement and the amount sa paid shalt be (1) a lien on the said mortgaged premises, (2) added
<br />to the aareount of the said note secured by these presents, and (8) payable on demand with interest
<br />at the rate of ,r per annum from the time of such payment as aforesaid and if the mortgagor
<br />shall be in. default thereof for ten (~0) days after demand, the principal sum with all arrearages
<br />of interest thereon, shall at the option o` the mortgagee., its s:aecessors or assigns, become and be
<br />due and payable immediately thereafter, anything contained in the within mortgage or aecompying
<br />note to the contrary notwithstanding; or *in the Note
<br />The mortgagee shall have the privilege of acquiring by assignment from the holder of said
<br />security interest any and all contract rights, accou~zts receivable, chattel paper, negotiable or non-
<br />negotiable instruments or other exridence of mortgagor's indebtedness for such fixtures, and, upcrn
<br />acquiring such interest as aforesaid by assignment, shall have the right to enforce the security
<br />interest as assigner, thereof in accordance with the terms and provisions of the Unifo-rm Commer-
<br />cial Code in effect in the State of ~~, as amended or supplemented, and in accordance
<br />with tau+. Nebraska
<br />C. Whether or notg~~o~tOrtgagee has p¢id ar taken an assignment of such security interest,
<br />if at any time the Mort! ., tl be in default for u period of yen (JO} days under the security
<br />agreement covering such fcxturea, such default shall be ¢ material breach of the m.ortq¢gm's cov-
<br />enants under the mortgage and shall., at the option of the mortgagee, constitute a default thereof,
<br />and tke principal sum thereof, with all arrearages of interest thereon, shall, at the option of the
<br />mortgagee, its successors or assigns, become and be due and payable immediately thereafter, any-
<br />thing contained in the within ntortgage or accompanying mote io fhe contrary notwithstanding.
<br />D. Natlting in this Paragraph shall be co-nstrxsed os giving the mtortgagor ¢ rig!at to install,
<br />substitute, or add a fixture tin, upon, or xvEthin the grre~nises enezembered by this mz»-Ggage, 2vhich
<br />fixture may be subject to a security interest.
<br />7. Without prior zvritten consent of 3ortgagee, no bunlrling ar other structure shall be
<br />erected on the mortgaged premises after the date of this rzor-tgage.
<br />8. Together with alZ right, title and intere.~t of the 3fortg¢gor in and to a.li streets, roads
<br />and public places, opened or proposed, in front of and adjoining the said premises, and ell ease-
<br />ments and rights of wa-y, public or prizate noto or l.er~aiter used in connectavn with the premix
<br />9. The Mortgagor covenants and agrees to submit all tenant
<br />leases to the Moztgagee, which leases must be satisfactory to ~~ ~,`
<br />and approved in writing b~• the Mortgagee prior to the execution
<br />thereof ~ a.~ t e i~ ~,- P ~ <?v n1 Si ~L+{.~, . ~O~' I Y. ,.- , ; . r to 9s~* 1,+c i.~ 1. ~ r C
<br />10. The Mortgagor shall, prior to the execution of any manage-
<br />ment agreements or hiring of any management company now or in the
<br />future, obtain the Mortgagee's written approval of the company and
<br />the agreement. The Mortgagor shall furnish to the Mortgagee the
<br />fo3lowing: ff.
<br />~{ fn«1{
<br />(a} Copies of alinreports from the manager immediately
<br />upon the receipt thereof by the Mortgagor;
<br />fb) A monthly expense report with respect to the premises,
<br />including the manager's expense report therefore;
<br />fc) A monthly report of all proposed leasing schedules,
<br />tenant rental collections including additional rent
<br />~,,, and tenant deficiencies and defaults, if any.
<br />ll. The Mortgagor shall furnish income and expense statements
<br />as follows:
<br />fa, montly for the first 36 months; thereafter,
<br />{b} quarterly during the fourth year; and thereafter,
<br />fc) semi-annually during the remaining term of the mortgage.
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