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<br /> 7. - Condemnation. Iathe event the Propecty, or any part theieof, shail be taken by eminent domain, the Mortgagee
<br /> is empowered;to cotlect and receive alt compensadon whtch may 6e paed for any prapetty taken or tar damages W property
<br /> not taken, aad, Mortgegee shali spply such: compeavation, at its option; either to a reduction ot the indebtedneas seeurnd
<br /> hereBy'or to zepsIr and restore tl�e PmPertl" so damaged: _ _
<br /> ,8. Performance ,by, Mortgapee, Mortgagee may, but shall have no nbllgation, to do aay act which Lhe Mortgagor
<br /> : has agneed but fai�s ,to do, and Mortgagee may elso da any act it deema necessary to protect the lien hereoi. iVYortgagor
<br /> , _ ageees to repay„upon deinand; aay_ sums so<expended ,by the Mottgagee Por the above purposes, and any sums so expeaded .
<br /> by klie Martgagee shall be 'edded to t6e indebtedness secured hereby and become subject to tbelien hereof. Mortgagee
<br /> shail uot3ncur any pexsonalliabillty because oP anything it may do or omit to do hereunder.
<br /> . - 9. De[ault; p�igqment ot, Rents, '15me is oi the essence hereot, and npon Mortgagor's detault in anq covenant
<br /> r: or agi�eement o[this Mortgage, includlag covenants topay- when 'due the sums secured by tLis Martgage, t6e Mortgagee shatt
<br /> be entiUed, at ifs sole option and without nntice, to declare all sums secared by this Mortgege to be immediately due and
<br /> payable and may,commence [oreclosure oP Ehis Mortgage by judicial proceedings; and, pmvided [urther, that upoa such
<br /> default the Mortgagee, or a receiver appolnted by a cou:t, may at its option and without regard to t6e adequaey ot the
<br /> securlty, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and appty them
<br /> , - 6rst to the cosE of collection and operation of the Property and then upon the indebtedness securedby this Mortgagee;
<br /> satd reats, issves and profiis being ass(gned to tfie Mortgagee as further seeurity for the payment of the indebtsdness
<br /> secured hernby.
<br /> 10. Trans[ec ot Property. IP all or any part of the Property is soid or transferred without the express written eon-
<br /> sent ot t6e Mortgagee, Mortgagee may at its sole option, declare all sams secured by this Mortgage to be immediately due
<br /> and PaYable. . .
<br /> 11. Futnte Advances. Upon request of Martgagor, Mortgagee may atake addit3onal and future advances fo
<br /> Mortgagee. Such advances, with inCerest thereon, shall be secured by this IKortgage when evidenced by promisaory notes
<br /> stating that said notes are secured hereby. At no time shall the principel atnount of the indebtedneas secured by thls
<br /> Mortgage; not including sums advanced to protect 4he security of this Mortgage, exceed the original Note.
<br /> 12. lYliscellaneous Pzovisions.
<br /> (a) Any Yorebearance in exetcising any right or remedy shall not be a waiver thereof.
<br /> (b) All zemedies pmvided herein are distinct and cumulative to any other right afforded by . law or equity,
<br /> and may be exercised concurrenUy, independently or successively.
<br /> _ (c) The covenants and agreements contained herein shall bind, and the =rghts inure to, t6e respectiqe
<br /> successois and assigns of the Mortgagor and khe Mortgagee.
<br /> (d) All covenanta and agreements of the Mortgagor are joint and several.
<br /> (e) . 7l�e headings of the paragraptts of this Mortgage are [or convenience anly and shell not be nsed to inter- .
<br /> ' ' : prnt or deGne the provisions hereo[.
<br /> , ' 13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage. and
<br /> shall execute and deliver a satisfactory release therefor_
<br /> IN WIINESS WHEREOF, Mortgagor has executed this Mortgage on t6e 1� day of �rch , 19 � _
<br /> wir���� ���L._
<br /> . . . . � . H3t'Old � G. AY'Et13Z't . sorrower : �� . . . .
<br /> � � �' Gf�/Ll�it-Q/L�
<br /> orieta s��..�:
<br /> � State ot Nebraska, ��-�- County ss:
<br /> . On this 17� day of �r'� 1978, betore me, the undersi ed a No
<br /> gi� , tazy Public
<br /> duly commissioned and qualified for said county, peesonally came Harold G . AL'ehar't arld Oneta A'Cehart
<br /> _ , to me known to be the
<br /> identicsl peison(s) whose natne(s) are subscribed to the foregoing instrument and acknowledged the exewtion thereof
<br /> � be h15 and hes yoluntary act and deed.
<br /> - Witness my hand and notarial sesl at �'a�1 =Sla�l in said county, the
<br /> date aforesaid .
<br /> , - /��{
<br /> My Commiasion exp %y/� />�/
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<br />� '� '� � ' ; . WMtEN M. 11�FEiT
<br /> _.
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