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<br /> ?. Condemaation. In the event the Property, orany part thereot, shall be taken by eminent domain, the Mortgagee
<br /> 3s empoweied to collectand recelve sll compensation which may be paid for any pmperty taken or tor damages to property
<br /> �. - , + 'riot taken; and lldortgagee s6s11 epply 'such compensaUon, et its optlon, either to a reduction ot t6e indebtednesc secured
<br /> hereby or to repeir aad restore the' ProPe�ty so damaged:
<br /> 8:= Per[ormance by Mortgsgee: Mortgagee may, but shall have no obligation, to do any act which We Mortgagor �
<br /> - . :- � � has agieed buE tails to do, and Mortgagee may alao'do any act it deems necessary to protect the lien hereof. Moctgagor
<br /> `agree� torepay, upon demar.d, any sums 'so eapeuded by the Mo=tgagee for. the above purposes, end any sums so expended
<br /> � tiy the Mortgagee. shalI be: added .to'the indebtedness secumd hereby and become subject to the lien hereot. Mortgagee ,
<br /> ; ' „ "shall not'incur'any pexsonalliab7iLyr because oi anything it mey do or omIt to do hereunder.
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<br /> ; : ' % , 9, Detault; Assfgnment of i$eats Time is of the eeaence: hernof, and upoa biortgagor's detault in any covensnt.
<br /> orsgeement ot this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee aheli
<br /> be enNtled, at its sole bption and without notice, to declate alI sums secured by this Mortgage to be itnmediatety due and
<br /> ` , paya6le-and may commence foreciosurn of t6is Mortgage by judicial proceedings; and, provided turther, that.upon such
<br /> • ' detault the Moctgagee,'or a recelver appointed by a court, may at its option and withou0 regard to the adequacy ofthe ,
<br /> seeurity, enter upon and take pos.session ot the Property and collect the rents, issues and pxofits t6ernfrom and apply them
<br /> Cust to the cost of cotIection aad operation of the Property and then upon the indebtedae�ss aecured by this Mortgagee;
<br /> ssid rents, 4ssuea snd protits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br /> securnd heceby.
<br /> 10. 'IYanster ot Property. Ii atl or any part o[ t6e Property is sotd or trans[erred without the expregs wtitten con-
<br /> senE of ttie Mortgagee, Mortgagee may at ita sole option, declare all sums secured by this Mortgage to be immediately due
<br /> and payable.
<br /> il. FuWre Advances. . Upon rnquest of Mortgagor, Mortgagee may make addltional and fature advances to
<br /> Mortgagee. Such advances, with interest thereon, shall be secured by this Mortgage whea evidenced by pmmissory notes
<br /> stating that said notes are secured hereby. At no time shall the principal amount o[ the indebtedness secured by thia ,
<br /> Mortgage,pot fncluding sums advanced to protect the security of this Mortgage, exceed the origfnal Note. :
<br /> 12. Miscellaaeous Provisions.
<br /> (a) Any fotebearance in exenising any right or remedy shall not be a waiver thereof.
<br /> , (b) All remedies provided herein are distinet and cumulative to aay other ri�t a[Corded by law or equity, ;
<br /> end may be exercised concurrently, independenWy or successivety.
<br /> � (c) - T}ie covenants and agreements contained hernin . shall bind, and the righfs inure to, the respective
<br /> : " � successoxs and aseigns o[ the Mortgagor and the Mortgagee.
<br /> , ' (d) ` Ali covenants and agreements of the Mortgagor are joint and several.
<br /> _ , - ": '- (e) The headings o[ the paragraphs of this Mortgage are for convenience only and shall not be used to inter- �
<br /> . , .=. . pret or define the provisions hereo[. �
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<br /> ; 13: Release. Upon payment bf all suens secured by this Mortgage, Mortgegee shalt discharge Lhis Mortgage and
<br /> � . ; shall execute and deliver a satisfactory rntease therntor.
<br /> "�' ' ' ` ` IN WITNFSS WHEREOF, Mortgagor has executed this Mortgage on the 16�day of Mar� ,.19 �a .
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<br /> . .__ � � . . . . S � . . � - Boaower . � . .
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<br />� State of ;Nebraaka. �11 : County ss:
<br /> On this 7=6� day of I"�r� _ 19 78 before me, the undecsigned, a Notary Public
<br />� duly cvmmissioned ead qualt5ed for said county, pecsonaily came �� J. Marshall and L. Jan
<br /> ::_ '' Nk"lrshall , to me known to be the
<br /> ldentical; person(s): whose name(s) are subscribed to the toregoing instrument and acknowledged the executioa thereof
<br /> ' io be � � � voh,ncary aGsana aeea.
<br /> Witness my haad and notarial seal at � �'and IS1arld in said county, the
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