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<br /> ?. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br /> is empowered kocoltect andreceive alt compensation which may be paid for any property taken or tor damages to property
<br /> not' taken, attd' Mortgagee ahall apply such compensation, at its option, e[ther to a reduction of the indebtedness secured
<br /> '
<br /> hereby or to repaif and restore :the property so demaged:
<br /> ( " . 8. Perlormanee by MorCgagee. Mortgagee may, but shall have no obligation, to do any act w6ich the Mortgagar
<br /> traa agreed .but .[ails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br /> agrees to mpay, vpon demand, any sums so expended by the Mortgagee for the above puzposes, and any sums so expended
<br /> by' the 'Mortgagee sAsit -be added to the indebtedness secuted hereby and became subject to the lIen dereoL Martgagee
<br /> � shall 'notincur aitiq persortal liabitity becauce of anything it may do or omit to do hereunder. '
<br /> 9. DefaWt; Aseigament of Reats. 'l5me is of the essence hereo[, and upon Mortgagor's defauft in any covenant
<br /> oragreement of this Mortgage, including covenanfs to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br /> be enHUed, at Its sole. option and without notice, to dectare all sums secured by thls Mortgage to be immediately dne and '
<br /> payable and may commence foreclosure of khis Mortgage by judiciel proceedings; and, provided further, Lhat upon such
<br /> default the Mortgages, or a receiver appointed by a cond, may at its option and withoat regacd to the adequacy of the
<br /> security; enier upon and take possession of the Property and collect the rents, issues and profts thern[rom and apply them
<br /> fiesG to the cost oP collection and operatlon of the Property and then upon the indebtedness secuzed by thls Mortgagee;
<br /> said ients, issa�es and profits being asslgned to the Mortgagee as furGher secudty Por the payment oP the indebtedness
<br /> secured hereby.
<br /> 10. Ttanater of Property. If all or any part of the Property is sotd or transferzed without the express written con-
<br /> sent of the Mortgagee, Mortgagee may at its sole option, declare all sums securntf by this Mortgage to be immediately due
<br /> aad payable.
<br /> 11: Future Advances. ilpon request ot Mortg�gor, Mortgagee may make additional anQ [uture advances to
<br /> Mortgagee. Such advances, wit6 interest thereon, shali be secured by this Mortgage when evidenced by promissory notes
<br /> stating Wat said notes are secured hereby. At no time shall tt�e prirccipal amount of the indebtedness secured by this
<br /> Mottpage, not including sums advanced to protect the security of this Mortgage, exceed the origlnal Note.
<br /> 12. Miscellaneous Rovisions.
<br /> (a) Any [orebeazance in exerc.ising any right or remedy shall not be a waiver thernoY_
<br /> (b) All temedles provided herein are distinct and cumutative to any other right af[orded by law or equity,
<br /> and may 6e exercised concurrently, independently ot successively.
<br /> (c) The covenants and agreements contained herein shatl bind, and the rights inure to, the respective
<br /> successoss and assigns ot the MoKgagoc and the Mortgagee.
<br /> (d) AL covenants and agreements ot the Mostgagor are joint and several_
<br /> (e) The headln� of the paragrepha of this Mortgage are [or convenience only and shall not be used to inter
<br /> preG or defne the provis9ons hereof.
<br /> 13. Release. Upon payment of ai! sums secured by this Mortgage, Mortgagee shall discharge this Mortgage aad
<br /> sfiall execute and deliver a satistactory rniease therefoa
<br /> IN WTTNESS WHEREOF, Mortgagor has executed this Mortgage on the 30�day of Mar� , 19 78.
<br /> � ��_��l ����-�-
<br /> � . MdX M nyder � Bc:nw�•
<br /> �. � . . ��/d�Il�t=�f= � . � . Borrower � . . .
<br /> State ot Nebraska, �S' County ss= '
<br /> ` On this 30� day of �r� 19 �g, befote me. the undersigned, a Notary Public
<br /> duly commissioned and qualitied for said county, personally came � M. S11ydPS dIld ROb�2'td J. SilydPs
<br /> , to me known to be the
<br /> ldentical pecson(s) whose name(s) are subscribed to the foregoing iastrument and acknowledged the execution thereot
<br /> to be �-u5�_ voluntary act and deed.
<br /> ' ¢f�0��$esa��and and notarial seal at and = in said county, the
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