<br />3. The mortgagor covenants and agrees that if he shall fail to pay said indebtedness or anc part thereof when
<br />due, or shall fail to perform anc covenantor agreemen! of Shia instrument or the promissory once secured hereby, the
<br />entire indebtedness hereby secured shall immediately become due, payable, and collectible without notice, at the
<br />option of the mortgagee-or assigns, regardless of maturity, and the-mortgagee ar his assigns may before or after entry
<br />Bell sold property without appraisement (the mortgagor having waived and assigned to the mortgagee alt rights of
<br />appraisement) : -
<br />o. .,. , . ,, i..-1 ~-r.
<br />U) at judicial sale •pursuant to the provisions of 28 U.5-C. Zf101 i a) ; ur
<br />(n) at the opdoa of the mortgagee, either by auction or by solicitation of sealed bide, for the highest and
<br />beat bid complying with the canna of Bale sad manner of payment specified in the published notice of sale, first
<br />Riving tour weeks' notice of the time, terms, and place of such-sale, Lv -advrr[i~ement not lea, than once
<br />during each of said four weeks is a newspaper pnhliehed or distributed in the county is which said property
<br />is situated, all other notice being hereby waived by the mortgagor (and said mortgagee, or any person on
<br />behalf of said mortgagee, may bid with the tmpaid indebtedness evidenced by said pots). Said sale shalt be
<br />held at or oa the property to be sold or at the Federal, cotmty, or city courthouse (or the county in which the
<br />property is located. The mortgagee is hereby- authorised to ezecute for and on behalf of the mortgagor and to
<br />deliver to the purchaser at each sale a sufficient conveyapce of said property, which conreyance shall contain
<br />recitals se to the happening of the defauh upon which the execution of the power of sale herein granted
<br />depends; and the said mortgagor hereby constitutes and appoints the mortgagee ar any agent or attorney of the
<br />mortgagee, the agent sad attorney in fact of said mortgagor to make each recitals and to execute said
<br />conveyance and hereby covegeaU and agrees that the recitals so made shall be effermal to bar al! equity or
<br />right of redemption, homestead, dower, and all other exemptions of the mortgagor, all of which are iterehv
<br />expressly waived and conveyed to the mortgagee; or -
<br />(tat take any other appropriate action pusuaut to state or Federal statute either in Gate ur 1•'ederal
<br />rwurt or otherwise for the disposition of the propern-.
<br />In the event of a sale ae hereinbefore provided, the mortgagor or any persons in possession tinder the mort-
<br />gagor shall then become and be tenants holding over and shall forthwith deliver possession to the purchaser at
<br />such sale or be summarily dispossessed, in arrordance with the provisions of taw applicable to tenants holding over.
<br />The power and agency hereby granted are coupled with an interest and are irrevocable br death or uthertrise, and
<br />are granted as cumuLttive to the remedies far collection of said indebtedness provided kn~ low,
<br />4 The proceeds of any sale of said property in accordapcc with the preceding paragraphs shall he applied first
<br />to pay the r-oste~apd axpsttxe of said sale, the expenses incurred by the mortgagee for the purpose of protecting ormain-
<br />taiaijtg-said pt~psYy'tmd reaaouable attameys' fees; secondly, io pay the iudrbtedness secured hereby : and th;rdiv,
<br />to pale any surilfis ~or excess to the person or persons legally entitle<! thereon.
<br />y~~' ~ .
<br />5. Iri'tlrte evegk~itltproperty is sold at a judicial forer_-osure sale or pursuant to the power of sale hereinabove
<br />granted, and~dte-praceerls are not etttf6cieut to pay the total indebtedness secured by this instrument and evidenced by
<br />said promissory nose, the morgagce will be entitled to a deficiency judgment for the amount of the deficiency without
<br />regard to apptvisemenl.
<br />6. IL the event the mortgagor fails to pay any Federal, state, or local tax ussesstueut, income tux or other tax
<br />lion, charge, foe, or other expense charged against the property the mortgagee is hereby authorized at Fos option to
<br />pay dte name. Any atone so paid by the mortgagee shall be added to ;md become a part o[ the principal amount of the
<br />indebtedness evidenced by said note, subject to the same terms and conditions. If the mortgagor shall pay and
<br />discharge the indebtedness evidenced by said promissory note, and shall pay such some and shall discharge all
<br />razes and liens and the costa, fees, and expenses of mekipg, enforcing, and executing this mortgage, then [his mortgage
<br />*hall be canceled sad surrendered.
<br />7. The covenaate herein captained shall Lind artd the benefits and advantages shall inure to 6Gr rrprrr•ti~r .u.~•
<br />censors sad assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the
<br />singular, apd the use of spy gwtder shall include alt gwders.
<br />$. Nw waiver of any covenant herein or of the obligation secured hereby shall al .ut; time there:,iR•r la• hold
<br />to be n waiver of the terms hereof or of the note secured hembv.
<br />9. A judicial decree, order, or judgment holdipg any provision ur portion of this iustnnurut hualirl ~~t uu,,,r
<br />forceable shall nut in spy way impair or preclude the enfoecement of the remaining previsions or portions of chi..
<br />inetrupreaL y" ""'.f
<br />I(i, Any wrlttep potioe t0 be tetrad to the moCgagor parsttanl Lo the provisions of thin iaatrumeat shall be sd•
<br />dearedtotLemortgagorat 9f)8 Nt7rtlt ifoward, :+uit,e 103, Grand "f.sland, Nl: 68801
<br />and spy written notice to be issued to the mortgagee shall
<br />beaddrtrsr,dtatEwuxortgngceat F°. U. Hox I`i01, '701`> tdc>rth Nroadwtrli, ~;rarui tsl.at~ci,
<br />i~43iX 3~d CiU.l (_tl
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