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r <br />S1- i)tj~35~~' <br />' b. In the event said property is sold at a judicial foreclosure sale or pursuant to the power of a sale hercinabove <br />grented, and the proceeds are not sufficient to pay the total indebtedness secured by this instrument and evidenc- <br />ed by said peomissory note, the mortgagee wilt be entitled to a deficiency judgement for the amount of the <br />deJlciertcy withorrr regard ;o approisernent. <br />"7. In the event thr mortgagor fails to pay any federal, state, ar local tax assesment, income tax or other tax lien, <br />charge, fee or other expense charged against the-property the mongagee is hereby authorized at its option to pay <br />the same. Any sutras so paid by the mortgagee shall be added to and becottte a part of [he principal amount of the <br />irtdebtedttess evidenced by said note, subject to the same terms and conditions. If the mortgagor shall pay and <br />dlacttarge the itdebtedness evidenced by said promissory note, and shall pay such sums and shall-discharge all <br />taxes and liens and the costs, fees, and expenses of making, enforcing, and executing this mortgage, then this <br />mortgage shall be cancelled and surrendered. <br />8. The covettants herein contained shall bind and the benefits and advantages shall inure to the respective successors <br />and assigns of the parties hereto. Whenever used, [he singular number shall include the plural, the plural the <br />sittgulae, and the use of any gender shall include all genders. <br />9. No waiver of any covenant herein or of the obligation secured hereby shall at any time thereafter be held to be a <br />waiver of the terms hereof or of the note secwed hereby. <br />tD. A judicial =ieeree, order, or judgement holding any provision or portion of this instrument invalid or unenforce- <br />able shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this <br />instrument. <br />11. Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed <br />to the mortgagor at P.D. ~~ 2198, Grand Island, IYE 688D2 <br />and any written notice to be issued to the mortgagee shall <br />be addressed to the mortgagee at 424 r.J. 3rd, P.D. Box 2DD6, Grand Island, NE 68802 <br />[N W[7NESS Wtit?itEdP, the mortgagor has executed this instrument and the mottgagee haz accepted delivery of <br />this instrument az of the day and year aforsaid. <br />Donald H. Kruse <br />............................:t..................... <br />~. ;~ <br />Executed and delivered in the presence of the following witnesses: <br />{Add Appropriate Acknowledgement) <br />STATE OF N$$ItASKA ) Hef me a Feed Notary Public, personally appeared <br />CpUNTY OF <br />known to rtte to be identical person ur persons who signed the foregoing instrument and acknowledged the execution <br />the[eofto.be his voluntary act and deed. <br />Witness my hand and Notarial Seal on r !o . 14 ~_. <br />!ClMwi n ~j <br />< Illorwa /{ff U• <br />atti tirs,Ntr. f- Hi2 <br />Notary PubiiC'~-- <br />My Conrunission Expires how . 25 , 19 82 . <br />STATE tIF NEBitASKA ~ Before me a qualified Notary Public. personally appeared __.--.____,-- <br />` ss. __ <br />~~t]NTY ~ ? Presidetit of __ - ----~-- _-----. _, <br />a cevpuratiten, knowm io the to be the i'resident and identical person who signed the foregoing instrument, aad <br />~k°s'WkdBet,3 ~ ezecutton thereof to be his voluntary act and deed as such affic~r and the soluntary act and deed iti <br />said cot'gorabi<srt aad that Its corpcsate seal. was aFfaed thereto by its authority. <br />Wittucss rtty hand. and Notarial Seai on _ ._-_____ _ _. 19 _r_-. <br />tI-? <br />Notary Public <br />I«ilr t~mtttttilsion lie xpir~s .vw..~s-..._..__.__._..~_ .._-.__ _._. 19 .___.-. _-.. <br />