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<br /> ?. Condemnation. In the eveqt the Property, or any part thereof, sha11 be taken by eminent domain,the Mortgagee
<br /> is empowernd to collectand receive all compensallon whieh may be paid for any propetty taken or [or daraages to property
<br /> not' taken, and! Martgagee shall apply such compensation, at Its option, either to a reductioh of the indebtedness secured
<br /> hereby or to repafr and 'restore;the ptope.rty so daroaged.
<br /> 8. Performance by MorEgag�ee. Mottgagee may, but shall have no obligation, to do any act which the Mortgagor
<br /> � has agrned but [ails to do, and Mortgsgee may also do any act it deems necessary to protcct the lien tuereot. lYIortgBgor
<br /> agrees to repay, upon demend, any sums so expended by the 14fortgagee for the above purpo�ses, and any sums so eapended
<br /> by the Mortgagee shall -be added to t6e indebtedness secured hereby and becqme subject to the lien hereo[. MortQagee
<br /> s6atl not incur-any pecsone} ��ebil�t�, bec��y.e �f�Yy�ng iC may do or omiY to do hereunder.
<br /> 9. Detault; AssiQnment ot Rent& 'lSme is oP the esaence hereof, and upbn Mottgagot's detault in any covenant
<br /> or agireement oC thls Mortgage, including cowenants to pay when du4 Che sums secured by this -Mqrtgage, the Mortga�ee sLaa11
<br /> be entitled, aC its sole option and without notice, to declare all strms secured by this Mortgage to be immed9ately due aad
<br /> payable and niay commence Poteclosure oP this Mortgage by judicial proceedings; and, pravided furChet, khat upoa such
<br /> defaulC t6e Mortgagee,. or a rnceiver appoinCed by a eourt, may at its option and without regerd to the adequacy o[ the
<br /> secucity, enterupon and take possession of the Property and callect the rents, issues and profits therefrom and apply them
<br /> 5�st to t6e cost of collection end operation; of the Pruperty and then upon the indebtedness secured by this Mprtbar gee,
<br /> said rents, issues and ptofts being assigned'�to the Mortgagee as fuzther security Por the paym.ent ot the inde6tedness
<br /> secured Aereby.
<br /> 10. Trsns(er o[ Property. If a11 or any part of the Property i& sold or transferred without the expresa written can-
<br /> sent ot the Mortgagee, 14lortgagee may at �ts sole optiun, dealare s11 sums secured by this Mortgage to be immediately due
<br /> and paya6le.
<br /> ' 11. Future Advances, tTpon request of Mortgagor, Morbgagee may make additional and future adeances Lo
<br /> Mortgagee. Such ad�%ances, with interest thereon, shall be secured by this MortgBge when ewidenced by promissory notes
<br /> sfating t6at sald not�s 8re secured hereby. At no time shall the principal amoant of the indebtedness secured by this
<br /> MarCgage, aot including sums advsnced ko protect the secarity of this 1Kortgage, exceed the odginai Note.
<br /> 12. Miaceqanpous Pro�isions.
<br /> (a) My forebearence in exercising any right or remedy shall not 6e a wsiver themoL
<br /> (b) All remedies provided herein are distinct and cumulative to any oCher right a[torded by law br equity,
<br /> and may be exercised twncurrenUy, independently orsuccessively.
<br /> (�) The covenants and agreements contained herein shall bind, and' the rights inuie W, �he respective
<br /> successocs and assigns of the Mortgagor and the Motfgagee_
<br /> ' ' (d) qll covenarcla aad agreements of the Mortgagor are jbint and severai.
<br /> (e) The headings oC the paragrephs ot this MotCgage are far convenience only and shall not be used to iuter-
<br /> pret or deGne the provisions hereoL.
<br /> 13. R.elease. Upon payment oP el! sums secured by this Mortgage, 1Nortgagee shall discharge this Mottgage an@
<br /> shail execute and deliver a sgtisCactory release theretor.
<br /> IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the '-S� day of �r'11 , 19 78 .
<br /> . . .. . . . :��.t../t+.TS .rf .bf�a'�lr��s-CS-r S�Cf . . . . � _ -
<br /> IZo . Hianiston, Jr. so�o..�r
<br /> y . Hunis n ao�ow�.
<br /> State of Nebteska, �+ County ss: •
<br /> -0n this Sth day of Anril , 19 78 before me, the unde�signed, a Notary Public
<br /> duly commiasioned and qualified for said rnunty, personally came ��rt M. H�s[tiStAn, Jr. and JUdy E _
<br /> _ Htanist�n
<br /> ���q� , to me known to be t6e
<br /> peison(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution theteof
<br /> � � voluntary act and deed.
<br /> t9i ��p al seal at Grand Islarxi
<br /> R . � date atoresaid . ' � ��,� in said coun�y. the
<br /> MY Commfasion expires:A.��p��� U~�� —�1Q.��1�1/_Gs�imru�.lZ�
<br /> ' �r��
<br /> . . . . . . ^ 7� � � NotarY Pub13c
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