81005190 - Laserfiche WebLink

Browse

~--- t 6. In the event said property is sold at a judicial foreclosure sale or pursuant t€t the po+rver of a sale Itereirtabove grantal, and the proceeds are not sufficient to pay the total indebtedness secured by this instrumett and ev:"drnc- ed by said promissory note, the mortgagee will be entitled to a deficiency judgement for the amount of the dtjtciertcy wtthout regard to appraisemem. 7. In the event the mortgagor fails to pay any federal, state, or local tax assesment, income tax or other tax nett; charge, fce or other expense charged against the property the mortgagee is hereby authorized at its option to pay the same. Any sums so paid by the mertgagce shall be added to and become a part of the principal amount of the irdebtedness evidene~ by said note, subject to the same terms and conditions. If the mortgagor shall pay and discharge the indebtedness evidenced by said promissory note, and :halt pay such sums and shall discharge an taxes and-liens and the costs, fees, and expenses of making, enforcing, and exertting this mortgage; then this mortgage shall be cancelled and surrendered. 8. The cavettanis herein contained shall bind and the benefits and advantages shall inure to the respective successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shall include all genders. 9. No waiver of any covenant herein or of the obisgation secured hereby shall at any time thereafter be held W be a waiver of the terms hereof or of the note secured hereby. ]0. A judicial decree, order, or judgement holding any provision or portion of this instrument invalid or unrnforca able stroll not in any way impair or preclude the enforcement of the remaining provisions or portions of this instrument. 11. Any written notice [o be issued to the mortgagor pursuant to the provisions of this instrumrni shall be addressed to the mortgagor at 1836 West 11th Street. Grand Island, Npb_ zaska 68801 and any written notice to be issued to the mortgageeahaU be addressed to the mortgagee at 424 w. Third St.. F.O. Box 2006. Grand. Island lIE b881)2. IN WIrNFS5 WttExtteoF, the mortgagor has executed this instrument and the mortgagee has accepted delivery of this instrument as of the day and year aforsald. ....... . . . ... . ...................... javid L. Lar on Catherine M. Larson Executed and dtlivered in the presrnce of the following witnesses: .................................................... iAdd Prproptiate Aekrowtedgement; STATE OF NEBRASKA ~ Before me, a qualified Notary Public, personally appeared SS. rlwvi t._ Larcr~n & Catherine, M. Larson COUNTX OF x@li known to me to be identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be _tktPi r voluntary act and deed. Witness my hand and Notarial Seal on October 1 , 19 81 . ~-tlPpcYtM~pW y~~ t~ O tt1,AQ81t ~~ ~Nata!IA..~iiR, llwc at~ititkt ~ ~~c- - - - / Notary Pu ' My Commission Expires // - ~ f , 19 ~. STATE OF NEBRASKA , Hefore me a qualified Notary Public, personally appeared ~.__.__..._ _ _ .~ ss. COUNTY OF President of _ a corporation, known to me to be the President and identical person who signed the foregoing instrument, and acknowledged the execution thereof to be his voluntary act and deed as such officer and the voluntary act and deed of sale! corporation and [hat its corporate seal was affixed thereto by its authority. Witness my hand and Notarial Seal on , 19 ~__. (SEAL) ---..._ Notary Public My Commission Expires _ ~.~, t9