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<br /> <br />$ ~ -~-0(104 84 1-~ <br />NEBRASKA EXHIBIT 3.5 <br />(PAR. ~, 34) <br />avow. <br />{3-20-78) <br />~,qp Mpg, for himself, his heirs. executors, adt:inistratozs, euccesaose, <br />and sssigas, does Ltereby and by these gremnte warzetst, covenmt, and agree: <br />i. gaa~etosth~isidypropettYc;fthatitos has igood right® full powsr~,le <br />cad lawful agthority to aoitgsge the cams 1n the canner afoteaald; <br />that said property is Eras frog encuabrmce <br />attd that bs will forsmr wartmc and defend the title to. said prop- <br />srey against the lawful. elaims and damaada of all perwdns wltaatsoevsr. <br />2. To pay ar caws to be paid promptly all installments of prineipal and <br />interest a• they bseotas due mccordiag to the tsrma of said torte, and <br />of any sstsasiotu thsssof, and any other indsbtadtusa owing by eha <br />Mortgagor or lortowsr to the Mortgagee and saeursd hereby. <br />3. To pay oraa4tly, before the came shall become dslingwnt, all taxes, <br />assssamatts, levies, liabilities, obligations,. and mcumbrancss of <br />agezq tutors whatsoever assessed upon or attaching to said property <br />or Mprtgsgas'a rights cad lnurese therein under Chia mortgage or <br />the indebtednen Lursby secured. <br />4. That M hereby assigtu to Mortgagee any and all rents, profits, and <br />ether zavettusa, ate incomes of and from said property cad he does <br />hereby mthorise and empower Liortgagea (L) to take poaaeasion at <br />said property at auy time Cnere la my default !n the payment of <br />the debt hereby secured or in thR performance of any obligation here- <br />in coatainad, and to rent the wme for hie account, and (2) upon <br />commepeee»nt of my proceedings, judicial of otherwise, to enforce <br />any right under this mortgage. to have a Receiver for said property <br />appointed by a court of competent luriadiction, upon application by <br />Mortgages and production of this mortgage, without ocher evident= <br />and witltouc notice of healing of said application; which ReceLVer <br />shall hays. among other things, full power to rmc, lease, :ud operate <br />said prapersy and collect all rents, profits, and other revenues <br />therefrom during said default and the period of redemption if any. <br />5. To properly rate Ear e:aid ptoperty. and keep the factlittes con- <br />f ettucted of drying equipalent purchased with the proceeds of said <br />6 loan !n proper repair and good coeditioa, and available for storage <br />or drying grain, until the loan ie repaid. <br />6. That !n the agent of the failure of the Mortgagor in any respect co <br />comply with the cavenmta and conditions herein soatained with respect <br />to the poymsnt of tales, and other charges, liens and encumbrances, <br />the tiortgagse shall ham the right (without prejudice to any ocher <br />rights ariaing by rsasoa of such default) to advmce or expend moneys <br />for ouch purpose, and all suss ao advanced vich interest at the high- <br />- eat legal sate per mnum shall beeome past of the indebtedness secured <br />1-21-80 <br />Rebr. Amend. 6 <br /> <br />Fags 2 <br /> <br />~..._. <br />