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~ i ~-;~~~ fr_ In the event saad property is sold at a judicial f+~res:losure sale sx pu:rsma.nt t,o tier povwer o a`J~7le"11 ei'~afscrve g; anted, and tl[r: f~ro~s are rto€ suffer aettt to pa;" L~ € ireb=,4±aes= :~;s~rs;d by tlr~;s instr~~€nes[* atad r•~:- ed by sand promnissary note, €lre rnontgagee w"sil be emitted to a dellicieircrycy jud,grrrtent for the atr~ouint of the d~.lk'tene}" widl-owt regsrr! ter a!eprvr'.€ewtettt. 7. In the event the mortgagor fails to pay any federal, state, or local tax assesment, income tax or o~._- '~ lien, chargt, fee or other expense charged against the property the mortgagee ;s htteby autharirxd at its eption to pay the saint. Any sums so paid by the mortgagce shall be added to arcs! become a part of the principal ammtnt of the indebtedness evidenced by said note, subject to the same terms and conditions. if the mortgagor shall pay and discharge the indebtedness evidenced by said promissory Harr, and shall pay such sums and shall discharge ail taxes and liens and the costs, fees, and expenses of making, enforcing, and executing this mortgage, rhea this mortgage shall be cancelled and surrendered. g. The covenants 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 ar of the obligation secured hereby shall at arty time thereafter be held to be a vgaiver of the terms hereof or of the note secured hereby. 10. A judicial decree, order, or judgement holding any provision or pottion of this instrument invalid or unenforce- able shall not in any way impair or preclude cite enforcement of the remaining provisions or pottions of this instrument. 1 I . Any written notice to be issued to the mortgagor pursuant to the provisions of this instrument shall be addressed to the mortgagor at at ~ N _ ~~rt, st _ Omaha Nebraska 681U8 and any written notice to be issued to the mortgagee shall be addressed to the mortgagee a€ 424 West 3rd St. , P.O. Hox 2005, Grand island, NE 68502 IN WITNESS WHEREOF, the mortgagor has executed this instrument and the mortgagee has atxepted delivery of this instrument as of the day and year aforsaid. FAO, ~PROPE~RTIy/E~S/C~ L _ . BYi...../C~~ .:.~~~~.. Y..?.G..~ ............ ..... Donald H. Kruse,~President -tald G. ~L~rmoney, Secreta~ Executed and delivered in the presence of the following witnesses: 11111 (Add Afpropriate Acknowledgement) STATE OF NEBRASKA ~ Before me, a qualified Notary Public, personally appeared _ ss. COUNTY OF known to me to be identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be voluntary act and deed. Witness my hand and Notarial Seal oa , 19 ($EAL) Notary Public My Cotnmission Expires , f9 STATE OF RBBRASKA ~ Btf rp a me_a qu~lifi~ ary Pub1>c, prrsonalFy appeared ~F?IJNTY OF~~ President of F-c..,..~; .c~,,xt- z~. ~otio . a corporation. hg9wn to me to be the President and identica- person who signed the foregoing instrument, and geltnoWledged the+ptecution thereof to be his voluntary act and deed as such officer and the voluntary act and deed of said corporation and that-its corporate sea! was affixed thereto by its authority. Witness my hand and Notarial Seal oa /~Ict~ ~ i'~ , t9 1 _. (SFAL~~'' i0. `. ``",~ __----_ tiMl~tt~ti~.ttMir.>-a, tNa Notary Pub • My Cornmissfon Expires ~~- ~ ~ , 19c1 ~- ._..