|
~f~~~~
<br />~~ole Mortgage due or not j, mav, but need not, effect such insur-
<br />anoa, effect such repairs, pay such taxes and special assess-
<br />ments, and all such paym~*nts with interst thereon at the highest
<br />legal Fate applicable to a +~atural person, or if the Mortgagor
<br />is a corporation, or partnership, or other entity at the default
<br />rate provided in the Note, from time of payment shall be a lien
<br />against the Property.
<br />~. I`C~ELEIL&TIv?d ARl3? laE~E1VF.~SHiP. If default shall
<br />b~: made in the payment a t e ote, or any part of the interest
<br />tt:~reon, or any csther advance ar obligation which may be secured
<br />Fte~eby, such as taxes, special assessments, insurance-and
<br />repairs, of if Mortgagors shall suffer or ~.ornmit waste on or to
<br />the Property, or if there shall be a failure to comply with any
<br />and every condition of this Mortgage, then, at the option of the
<br />Mortgagee, the Note and the whole of the indebtedness sec+ared by
<br />this Mortgage, including all payments ar taxes, assessments,
<br />repairs or insurance premiums, shall become due and shall become
<br />collectible at once by foreclosure or otherwise after such
<br />default or failure, and without notice of such default. At any
<br />time after the commencement of an action in foreclosure, or
<br />during the period of redemption, the Mortgagee shall have the
<br />right to have a receiver appointed to take immediate possession
<br />csf the Property and of the rents and profits accruing therefrom,
<br />x_ w~„~
<br />a.nd t{3 rent L3r CL.11 tiVate the Same as Che ate ceiver niay ~cc+Ti vcaa-
<br />for t'he interest of all parties concerned,
<br />6. M:ISC:E'i.LANE~US. The term "Mortgagor" and
<br />'"l~ortgageeF" as c:se sera n, ireeludes successors in interest.
<br />This Mortgage shall be construed in accordance with the laws of
<br />the State of Nebr"wxska: The maturity elate of the Note is .February
<br />1, 19g5. Each party signatory to this Mortgage hereby releases,
<br />waives, and relin€~uishes any dower, homestead, or statutory
<br />interest in the Property or any part hereof and waives, to the
<br />extent permitted by law, any rights of redemption in or as to
<br />the r~roperty.
<br />~iit~ITiuiv~ii. l'ki~tilSlc~nS. `Iha,s moit~;ag,~. shall beec~;te
<br />v+aa,i~~ and the Mortgagor e€~t~tteo tv a r€.lease: in ree~rdabl~ fori,E
<br />u~;r~ full paymnt of the Note, including y~ny accrued interest,
<br />~31'Yd :33.1 ~'3t h~~ F~ya'u+~ik~ts i~Fru~ ~v %+i~; M~1 R.'i~~€~~~~,cF:. .,~-~-~-. .~~~. ;:red h~ r3~iw
<br />This Mc~rtga~~~r his €:x,ecut€d tf=l.s Mortiga;ge as of ~hr:
<br />cT~~r CSild y~:ai L~r~6 44~~ve wr~tte;~.
<br />~I !'i!'~ ~_-
<br />4 ¢p en on esen
<br />E~R:t on esen
<br />- ~..4 ~'4~~ ll~ ~ii?f1i~~44fi 3 ~t
<br />} 1 vrv'! ~ .
<br />~~I~iti~~y o~ K~l~,
<br />'i'he £orega trumec€t was acknowledged be tore me~on
<br />tlse dap of r , l~l81, by Stephen f. V,pn
<br />~f~~~~ a 1'~tti l~, on ~s~~~ ~~..A ,~`
<br />~~ l ~~ ~ j
<br />t~1 {~' ~ f
<br />..
<br />_. . otary u _c.
<br />_)_
<br />
|