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<br /> � 7. Mortes�+ot 1+erebY �siQu� ta^ the hiott8�i� �s ��$� and ecallaten�l werunty u!I rir<Mtita, rever; ww. roysttiea. n�hts rnQ
<br /> benefits scxruitug to t6e Moetga�or aanc€er any ead a11 praoxst oc #uture oil aad gas leaxea on wid premise� wich the rignt co rece#ve
<br /> + arsd aPp1y themt gt ita aptiom W �id iaafiebtedneas. Thia aaaisnment sha31 tescainue and becama nui3 and vaid uPon relerrw ot rhi�
<br /> � ,{ morky�aqro.
<br /> " 8, Ii ths inde6tadnms secuaed hereb�s*'is naw ar htreattez ia whole ot in part turtivar eecared by chatt+el mortgs¢�. Dted¢ea. eontract�
<br /> ' � ot" gtt�r+�y, 'seeagmments at Iea�ea, or other eecuriti�s, Mortgaeee may at ita oPWan exhaust any uiu or more ot s»id .securities arsd t1�e
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<br /> � -� security herenxeder, either ccanewn�tiy ar iadePendantly. snd in �eh order aa iE rnaY deterratne. No d�lay by Martgagee in rzerciain�
<br /> ,� ss�y eS�ht m reiaedy lcerr�z�r#eer. orother�siae 'aHorded hy Lpw, ahait o#�ente as a waaver thereaf or praetude tke eaerciee Lhereaf durizzg tha
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<br /> � z croantmuance ai amy detaeslt hcresindar. P€a change in t3se ownesship of ssid S�+`exa9aes ehall zelease, reduce or otherwine alSect anp peraoxial �
<br /> ,' � es � �
<br /> i� LiaTr�ty arthe;lien h�ehy` ssea#ed�
<br /> v� ` ' � �.` St�ithai� aa�ecCinS;.t&e:liahi}it7r a! �nF P�n, #ualndiag .Mostgagoc.; {atkear ti�s� any persan ezpa�eeasiy rebeaeed in c:zit�¢? for pay- � :�
<br /> lu��y ,. , . . . . . . . . � � . . . . � . � � �
<br /> ,y�; ; menG;bf�aay £ad�bt,erlts� e�ux�ad lsere�xy »r 3or partoranaacn ot any obiigatiam ecm�ained herea�, and wiYhvat aHecY,ing t3re rtghts of �fa�rt+ f
<br /> "r ��- S�&`ea w''e�h �i�cs�c�%tu sm,y_ eecutityi not eacPc�esely relzsse3 in vrritln�, '�iortgagee msF, at an3r time nnd' £ram time ta tfine� eithwr before � `;
<br /> �w"� ar:. aftei;the rnua�tirity of;-said.aote;e sud T+rikk�oict mntiee or eoneeatz fa) rel�eaa� say person 3iable for paymeni of alt we any part o4-Ci�e {:
<br /> �id ` . ' . �. . . �. . ; . . . .� � . . . � .. � .. : -. -� ' ' ' +
<br /> ,r,+}� ,iR�3eh#edEte�'au.$nL P�'Sortnauce u1�np obiigaNan., (h).aiake arny��,agxeemeati ext¢�d'cak t}rs t#m�e, ar oLherwimra s3ter3nfF Che tetRne at �saganent � �; '
<br /> � � a�:aCtiur. any ga� o! the indabtednese, rn -modityiag or' scaciving �nY s�blig�tion, os a;ibardinatimA. moeV�fy*i�� ot aihercroie+e dcaling avith:tl�e ' ` �;
<br /> ; ' }Seu`•or'chsrge, he�eaf? <c) exe�ci�e os re€raui faom ezercising or wa'sve anY righs 3�sirtgagee may—, have; (d; aecePt additaox3al securitF crf any ' '� u:'
<br /> � �� . . � . ' . . . . . . . � ..
<br /> j �6 ' , ki�d."; ancL� {e}- ze�ease or otherxisa :deai ecith any property� real 'or g�ersonal> securing the indebtedne�s.s: incduding ail ar anF Part at �e '
<br /> '` ; , Fs�P�'c�z"snascSeaHed hercbY. . �� � � �' � � � � � � � � � � ;
<br /> �� 1 1(3. This mortgage' may be iorec}o�ed arith all teg�l ot equitat�la rights, permitted unc}�r the ]awa bf the Statc+ of Nebrsalca �ot � �
<br /> ��v ; ; e�cP�F Psorided .for herein' inuring tu the 'beneflt ot -the Mortgagee. � � j5 '
<br /> " p ,> > 1�. Wh�n th,e inregoi�g covena�cts a�d agrezments have 6eeQ perEormad, thia martgaga _ shsi! be vaid and ebalk be 'teleased a� t�e ' +
<br /> ` ",.d eapeiise of Mortge8or; othezwiae ta xemaia_in full force and effect. ` '
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<br /> ; �! 12:.. In ti�e euent of sale or transfer of al l or any part of: the mortgageif premi: ses , whether. _
<br /> �F � by operatifl� of Taw .or othe�wise , without the prior written consent af. Mortgagee , the entir-� ' � ' , :`� =' 4� ,;
<br /> `�7 �� ' ba � ance of �the indebtedness secured hereby shal l ,: at the opti on of Martgagee , be :and became r ,. , ` ' '
<br /> � � � tt��d:ia�ely 'due and payab� e _ � � ; � : ', ' � J �'
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<br />��``„ notuntary•act ;ec�ad deed, for Giie purposes: Elc�rein ex�ressed. ; , "
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