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, t-F2,-*iebr, Farm Z-1 {3-20-78} hereby, sad shall be carried as a delinquent payment due on the indebtedness. 7. To comply with all lava, ordinances, and regulations, affecting the constr'ucti~n of said storage facilities. $. That the loan hereby secured vas expsessly loaned by the Mortgagee to the Bczrawez to enable the Borrower to construct said storage facilities or to purchase said drying equipment, or bath. 9. That the Mortgagee, its agents and representatives, shall have the right to exawine and inspect said storage facilities or drying equip- ment, or bath upon demand, at any reasonable time, without notice. 24. Tfsat time is of the essence of this mortgage and of the note herein referred to; and that should default be made in the payment of sap installment due on said note or any amount due under this mortgage or should Mortgagor or Borrower fail co keep oz perform nap covenant, canditiaa, or agreement contained herein, or in said note, or other instrument executed in connection with this loan, or should the Mortgagor abandon said property or be declared a bankrupt or as inaoivent ar make an assignment for the Genefit of ~reclitars, or should the property be attached ar levied on by execution, deczee, or other process, or should the Mortgagor or Borrower die or be- came incompetent, or should the Mortgagee deem itself .nsecure, the lbrtgagee may, without Horace, declare the entire indebtedness here- by set:ured immediately due and payable and foreclose this mortgage in accordance with applicable inv. ii. That should said property be Bald :eider foreclosure {ii the Mortgagee :nay bid ar ouch sale and purchase said property as a stranger; {?1 Mortgagor will pay all costs, Fees, and expenses incurred in c~nnec- tion therewith, the same to be added to the amount of *_he rriortgage debt and included with interest :.hereon aC the highest legal rate per ax~uss ..n env judgasent obtained 'n a foreclosure action; and {3} *krrt~agor does '.~.rphy ~xpreaely naive all ~~aitiat3on or appraise- eent taus, sad ail exemptions to which the Mortgagor may be eniiLied under i:he constitution and `taws ~?f the State of `~ebraska. 3~F WtTM$ t$1E$~+DF. the undersigned have cxetuted taese peessents ibis _3th ay of ~tuitu~ t. -'°----•.,__ io u.t f ~ ~- ,L.~ ~~.a,,.~-s.. ~ ' ~ -j"U~C.. d,.; 9 _ °_~-,t_ / ~ S1~ f.~2.Yr~.~.s7 ~ ~ ti.[lcae 1~ ._. _.__ ~- r Page l • ~ J