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<br /> KTV-156 1/23/9Q iS�l1. Grand Islaaid, NE
<br /> � � 90� ioos3�
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<br /> due and payable, withaut aay� �r�s��.rmen�, aemand, protest or
<br /> nvt€ce of any kinr7 �except as mm� � required by law) , all of
<br /> _ which are hereby waived by Mortg3r��r,., anything in the Note or ia
<br /> this Mortgage to the con�rar� a�otw�:tbi��eadiaq, aad the Mortgagee
<br /> may take s�ch action, withau� nflt��e• �� demand (except as may be
<br /> � required b� law), as it deems ad�isab?�� to proteat and enforce
<br /> _ Mortgagee�s rights agatnst Mort53ga� fiY and ta the Mortgaged
<br /> Progerty, includfng, hut not l�;n�t�d .tca, the exerc#se of any or
<br /> all of th� .fallowtng actians:
<br /> tay . Eitti�z in F��scn: .a�� .�;�.ag��, with or s�zr�T�out
<br /> . . , br3ngiug an� acti�n cr �iraceeding, or._��r..� re�e3ver ag,gQinted by
<br /> � .�a court an.d without �regard: to the ad�r��-y of its secu��ty, enter �
<br /> uporc and .���.poss�ssi�n- cs€ the Mnr�ga�3 Property, as a�ny ga�t � �
<br /> � thereo€. � � �x�Iud� t�urtgagcr, its agents, se�rants and .
<br /> - � en►pleyees k�<Zy�;therefx�m, and t�c:rtgagee may c�a any acts whfc�
<br /> _ it deems �a���ssary c� �de�irablQ tr� pres�rve the �alue„ �
<br /> � marketability, conditi�c�n: a� ten�ab.fZit� vf the Mortgac��� ' �
<br /> �ro e�t � or �� , ,
<br /> P y; part therec� ar �.nt��est �herein, increase the
<br /> __ .. ., incorne therefrom or grot�e� .th� 4��urity thereof and, with or �
<br /> � without taking p�anaes�ian Q� th� Mortgage8 Property, sue for or
<br /> otherwise cQllect the ��at�, issues, profits and other income � • �
<br /> . thereof and therefram; iacludi�g those past due or unpaid, and
<br /> apply the 98J+T1$�• ,�i3�q3 costs and expenses of operations anc] ,
<br /> collection includ3i�g reasonable attorneys� fees and expenses
<br /> actually incurred, upon the Inc]ebtedness secured hereby, all in : .;'='�-
<br /> such order as Mortgagee may c�etermine. Upon every such entr�, f
<br /> Mortgagee, at the expense of Mortgagor, fram time to time, either -
<br /> by purchase, repairs or construction, may maintain, restore and
<br /> insure the Mortgaqed Property; and 13kewise, from time to time, �`
<br /> at the expense of Mortgagor, Mortgagee may make all necessary or �
<br /> proper repairs, renewals and replacements and such useful —
<br /> alterations, additions, betterments and improvements thereto as
<br /> to them may seem advisable. Without limitin the
<br /> the foregoing, Mortgagee shall have the right to use,1eoperateof
<br /> manage and eontrol the Mortgaged Property and to c�rry on the
<br /> . business and exercise all rights and powers of Mortgagor, either
<br /> in the name of Mortgagar, or otherwrise, as Mortgagee shall deem �
<br /> • advisable. The entering upon and taking posse�sian of the
<br /> Mortgage� Property, the collection of such rents, issue� and -+r
<br /> profits and the applicatiam thereof as a€aresaid, shaZT �ot cure
<br /> or waive any default or notice of defau2t hereunder or invalfdate ��.
<br /> _ any act ddn.e in response to such default or pur�uant to such
<br /> . notice of default and, notwithstanding the cont��uance in
<br /> possession of the Mortgaged Praperty or the collection, receipt
<br /> , and applica�ion of rents, issues or profits, Mor�gagee shall be
<br /> entitled to exercise every right provided for in the Note, the
<br /> : Other Agreements, this Mortgage or by law upon occurrence o£ an3�
<br /> - Event of Default, including the right to exercise the power of
<br /> �� sale.
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