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<br />7. Coadommatiow. In the swat the Property, or any part thereof, shall be takers by eminent domaln.the Mortgagee
<br />is empowered to collect and Teo lve ail compensation which may be paid for any property taken or for damages to property
<br />riot taken, and Moripree atoll qOy such compensation, at Its option, either to a redaction of the indebtedness secured
<br />hereby or to repair sad restore the property so dareaged.
<br />Po f seance Yow@WL Mortgagee nay, but shall have no obligation, to do say act which the Mortgnow
<br />bas ap"d but talk to do, vW Worlpro may also do any set it deems neceanry to protect the lien bsreof. Xoor4MW
<br />apses to rspay, upon dsa - i. any sum so espeaded by the Mortgope far the she" purposes, sad say susses so expended
<br />by the Mortpge,e :hall be added to the indebtedness secured hereby and become subject to the Hen, henot. MmlpsWi.
<br />AM not ineur any personal llSbiiity became of anything it nay do at omit to do hereunder.
<br />ter, ado ft; Auop t of Rents. Time Is of the essence benof, and upon Nortgagoes def lilt In any cov*Amt
<br />or apeemeat of this Mortpp, including covenants to par when due the sum secured by this Moetpye. tale Mortgagee SW
<br />-be entitled, at Its sole option Sad without no", to declare all sums secured by tbk Moz&S -to bra immediately due and
<br />liSgr W end aW conaseam foseeloeure of this Moot" by judicial procesdlnp; and, prodded further, that upon aueb
<br />dsbsak the Niosfpgee, or a neeieer appointed by a court, may at Its option and without nVicd to fbe Sdegvwy of the
<br />security, enter upon and take poesealon of the Property and collect the rents, issues and profits tberefl m and apply thew
<br />!Asst to tba. cast of collection and operation of the Property and then, upon the Indebtedness securedby this Mortptee;
<br />said nab, Issues and profits being Sulpned to the Mortgagee as further security for the payment of the indebtedness
<br />tecured hereby.
<br />10. TSraadrr of Propevtr 9 all or any psK of the Property is sold or transferred without the express written cm-
<br />##d tbjt;Xo tgagse, Mortgagee magi: at its sole option, declare all suma.secured by.O.Mortpp to be Immediately due
<br />` " `' � sad plgablu�•. �; . ,
<br />11. xuture Ad anam Vpmx-mequest of Mortgagor, Mortgages mny'uaaYa zdditional and fht= adnnces to
<br />Mortgagor. Such advancm with i tt ervA thereon, shall be secured by this Mortgage when evidenced by.prromitsory notes
<br />>A#atieg that said notes are secured hereby. At no time shall the principal amount of the Indebtedness Neured i}l► this
<br />Nbripp, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />1P. HieceWnso" tevisloee. '
<br />(a) Any foi+ebearance in exercising any right or remedy ably .dzt be a waiver thereof.
<br />Aibb} Ali remedies pro p, herein an distinct and ,rumulettNe iwavy other right afforded by law or equity,
<br />and.be ezercbed eoacurrentlyT, lndependerttiy or siicixreiy.
<br />(e) The eopenants ,and agreements contained herein droll- Wnd, and the rights Inure to, the respective
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<br />yeller >taocsaascrr an is atVrapjee.
<br />td) All covenants and agreementa of the Mortgagor are joint and several.
<br />(e) The Mega of the paragrspbr; of this Mortgage we for convenience only and shall not be used to Inter.
<br />Piet or dtf be the provisions henrat' .
<br />I& .Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />dlall execute and deliver a satisfactory:release thevetm.
<br />IN WITNESS !iftIEREOF, Mortgagor bas etecuted this Mo on the 3rd day of Jan .18 ..
<br />QStephen HoJrnady wa
<br />State of Nobrasks, Hall qty ss:
<br />On this 3rd days ie f &MY92 ,19— ;'before me, the undersigned, a Notary Public
<br />dull emmiesiooed and qualifSed far,saF tcou nty, personally came' Stephen D. jbjMga y
<br />to me known to'be '.the
<br />dentical penou(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />to be his voiuntpyr: set and deed
<br />Witnees my hand and notam. —I at Grand Island. Nebraska in said county, the
<br />.,date aforesaid.
<br />Commission expires: ,
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<br />(Sows, ndow IWO Lice RNerved For Leader and Recorder)
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