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<br /> T.. Gondemnation. In the event the Prope�y, or eny paxt thereo[, shall be taken by eminent damain, the Mortgagee
<br /> ls empowet+ed to callect and receive aW compensatlon which may be paid for any property taken or tor damages W properCy
<br /> not taken, and Martgagee shat[ apply such compenast[on, at Its ogtloa, etthez to a zedaction of the indebtedness securnd
<br /> hereby or to repaiYand restore tAe property so damaged.
<br /> � 8• Periormance by Mortgagee. Mortgagee may, but shell have no obligatlon, to do any act which the Mortgagor
<br /> ; ; . , hea agreed but Csits W da, and Mortgagee may also do any act it deems neceasary to proteet the lien hereof. Mortgagor
<br /> a�ees 'to repay,, upon demsnd, any sums so expended by the Mortgagee for the at►ove purposes, and any sums so expended
<br /> , - by t]ie Mortgagee shall be -added-to the indebtedness secured hereby and become subject W the lien hereot. Mortgagee
<br /> ahall aoE incur an
<br /> Y persvnal liebillty because of anything it may, do or omit W do hereunder.
<br /> 9. Default; Assignment ot Rents, Time is o[ the . essence hereoi, end upon Mortgagor's default in ang covenant
<br /> orag[eement otthis Mortgage, including covenants to pay when due tde sums secured by this Mortgage, the Mortgagee shall
<br /> be entiUed, aE its sole option and without notice, to dectare all sums secured bq this Moetgage to be immediately due and
<br /> payabte and may commence foreclosure of this biortgage by judicisl proceedings; and, provided further, that upon such
<br /> default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br /> security, eater upon and take p�session of the Property aad coitect the rents, issues and profits theretrom and apply them
<br /> tiist fo the aost of collection and operation of the Property and then upon the indebtedness secuted by this Morkgagee•
<br /> seid rents, issues amd profits being assigned to the Mortgagee as further seeurity [or the payment oP the indebtednesa
<br /> seciued hereby.
<br /> 10. 1Yanster of Ptoperty. I[ gll or any part of the Property is sotd or transferred without the express written con-
<br /> sent oC the Mortgagee, Mortgagee may at its sole option, declare all sums secumd by this Mortgage to be immediately due
<br /> and payable.
<br /> 11. Future Advances. Upan request ot Mortgagor, Mortgagee may make additional and future advances to
<br /> Mortgagee. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br /> staNag that said aotes are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br /> Mortgage, noL including sums advsnced to protect the security o[ this Mortgage, exceed t6e original Note_
<br /> 12. Miscellaneous Provisions.
<br /> (a) Any torebearance in execcising any right oz remedy shall not be a waiver thereot.
<br /> - (b) All remedies provided hernin are distinet and cumulative W any other right afforded by law or equity,
<br /> and may be exercised eoncurrently, independently or successively. .
<br /> . .. (c) _ The covenants and agreements contained herein shall bind, and the rights inure to, tlfe respecUve
<br /> successo:s and assigns of the Mortgagor and the Mortgagee.
<br /> " (d) All covenants and agreements of the Mortgagor are joint and severat.
<br /> (e) The headings of the paragraphs of this Mortgage are for convenience anly and shell not be used to inter-
<br /> -,- . ' : . _ ' pret or define the provisions hereof. '
<br /> 18. Releaae. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br /> sball execute and deliver a satisfacCory release therefor.
<br /> �/� IIV WITNES�JN�IEREOF, Mortgagor has executed this Mortgage on the 3�tdsy of �r� , 19 7� .
<br /> �� �
<br /> � a " Cr� Doro S so,.owa-
<br /> � �' �,.� ",..� _ - :
<br /> , `` CT3Y'E21CC� E. R1tCYLlE I��.EIlE � tCY11@ Bonowes
<br /> Stete o[ Nebraska, �I' County ss: .
<br /> On fhis 315t day of �r'� 19 78 be[ore me the undecsi
<br /> , gned, a Notary Public
<br /> duly commlasioned and qusiified for said county, personally came Jay C. Stoddard 3nd DpY+ptlly J. Stoddard
<br />� arld C13r�ICE E. 12itChie arui Delen2 S . RitChie , to me known to be the
<br /> , identical pecson(s) wdose name(s) are subscribed to the forngoing instrument and acknowledged the execution theteof
<br /> to be ��' voluntary acband deed.
<br /> Witoess my hand and notarial seal at C=Yan 251�1nd _in said county, the
<br /> r � ' . date afoiesaid _
<br /> . , � - ' � �� .
<br /> . ; My CommissSon expi=es: �� - / —7 . �� �_ ;// �, � '
<br /> • _ , : . . . �. Shb OI NtW. � . ' � NotarY Publlc
<br /> . � � CE.fEItJ1L�NOTAIIY . . �
<br /> �. �;:� 1CARF.MIN..NIEDFELT._ . . � � .
<br /> �G� - '. ' �-YjCO�pILEtm. O�o. f2. 1979 � . . . .
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