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<br /> �� und collection including attornoys'fecs,upon any indebtedness securcd hereby,all in such order `
<br /> ' as the Morigagee may determine. The entenng upon and taking pc�ssession af thc Property,the
<br /> I collection of such rents. issucs and profits und the application thereof as aforesaid shall not cure
<br /> I or waive any default or notice of default hereunder or invalidate any act done in res�onse ta such •
<br /> , defnult or pursuant to such notice of default and, notwithstanding the continuance in possessian
<br /> � af the Pro�erty ar the collection, receipt and applicalion of rents,issucs or profits,and the Mart- ,.�,,
<br /> � gagee shall be entitled ta exercise every right provided for in this Mor�gage ox any vther iustt-u- ..•;+ti;.,-
<br /> ment af security securing the performance required by the Note or by law upon occurrence of any .-..�,
<br /> �.:� Event of Detault. Further, Mortga ee's rights and remedies under this paragra�h 9 shall be ��.�"=
<br /> � cwmulative with, and in no way a�imitation on, Mortgagee's rights and rsmedies under any K.__...
<br /> ' Assignment of Leases and Rents recorded against the Property. Mortgagee and the receiver shall �tx;�"-
<br /> � Ue liable to account only for those rents acivally received. �.��°
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<br /> �� 10. $ventc of Default. The following shall constitute sn Event of Default under this =:-
<br /> �� Mortgage: —
<br /> ,; � (a) railure to pay any installment or principal or interest or any other sum secured
<br /> hereby when due,or failure ta pay when due any other indebtedness of Mortgagor to Mortgagee; T
<br />_ ; � (b) A breach of, or defeult under, any provision contained in the Note,this Mort-
<br /> �age, any other instrument which is given as secunty for the Note or any other encumbrance _—
<br /> � upon the Property; --
<br /> � (c) A writ of execution or attachment or any similar procsss shall be entered —
<br /> against Mortgagor which shall became a lien on the Property or any portion thereof or interest _.
<br /> therein; =__
<br /> ,.,
<br /> . (d) There shall be filed by or against Mortgagor an action under any present or
<br /> _ .�+.; future federal,state or other statute,law or regulation relating to bankruptcy, insolvency or other
<br /> �:� , relief or debtors or there shall be appointed any trustee,receiver or liqwuaiui�f iLiartgag�r ar of
<br />'�'• all or any part of the Property,or the rents,issues or profits thereof,or Mortgagor shall m�lce any
<br /> . general assignment for the benefit of creditors;
<br /> • , � �: (e) The sale,trtxnsfer, assi�nrnent,conveyance or further encunnbrance of all or
<br /> � any part of or any interest in the Property,either voluntarily or involuntarily,without the express
<br /> • � written consent of the Mortgagee.
<br /> _ : 11. Remediea• Ac�eleraion U�Default. In the event the occunence of any Event of
<br /> Default,Mortgagee may,without notice except as may be required by applicable law,declare all
<br /> indebtedness secured henby to be immediately due and payable and may commence foreclosure
<br />�°:'•�w ..; ' of this Mortgage by judicial prc�ceedings or in such other marmer as may be pennitted by appli-
<br />�'�:,;•� � cable law. No remedy herein conferred upon or reserved to the Mortgagee is intended to be
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<br />�`�?�• � ' ,v :*.• exclusive of any other remedy herein, in the Note,in any other instru�ment securing the ote or
<br />_ � '� '�`� by law provided or pernutted, but each shall be cumulaUve, shall be in addition to every other
<br /> � � remedy given hereunder,in the Note,in any ot her instr�ment securing the Note or now or hereaf-
<br />;�.. �� ter existing at law or in equity or by statute,and may be exercised concurrently, independently or �
<br />;..Q . ., . successively.
<br />�_-«�•r������� � 12, i g�l Fg e_ s.. To the extent permitted by applicable law, if the Mortgagee
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<br /> _ ➢ , becomes a party (by intervenrion or otherwise) to any action or proceeding affecting e Prop-
<br /> -�'�.�•-w erty,or the Mortgagee's interest under this Mortgage,or employs an attorney to collect any o�the �
<br /> • °� indebtedness or to enforce performance of the obligarions, covenants and agreements secured �,
<br /> ''� hereby,the Mortgagor shal l reimburse the Mortgagee,for all reasanable costs,chazges and attor- �
<br /> ney fees incurred by the Mortgagee,in any such case,whether or not suit be commenced,and the _
<br /> � ��� same shall be added to the secured principal sum as a further charge and lien upon the Property —.-
<br /> � and shall bear intQrest at the rate provided for in the Note. _ _
<br />" t 13. Fu re Adv�nces. Upon request of the Mortgagor, Mortgagee may, at its =-
<br />• option, make additional future advances and readvances to the Mortgagor. Such advances and _
<br /> � readvances, with interest thereon, shall be secured by this Mortgage. At no time shall the
<br /> � � principal amount of the indebtedness secured hereby,not including sums advanced to protect the
<br /> � security af this Mortgage, exceed the original principal amount stated herein.
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<br /> 14. ('•nvernin¢ Law. 'l�his Mortga�e saaii oe governeu Dy i1[tLL wlWUUCU �a► RV�rva�aauaw � -
<br /> with the laws of the State of Nebraska. �
<br /> 15. Miccell�n_ea�c Provisio�. The following provisions shall be generally applicable to �
<br />_ � this Mortbage: �
<br /> ' (a) Mol�agor Not Relcased. Extension of thc time for payment or modiftcation
<br />_ . � of amorti•r.ation of the suins secured by this A4ortgage�ranted by Mortgagee to any succcssor in
<br /> interest of Mortgagor shall not operate to release. m any manner, the liability of the original
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