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89-" 100553
<br />7. Condemnation. In the event the Property, orany part thereof, shall be taken by eminent domaln,the Mortgagee
<br />Is empowered to collect and receive all compensation which nary be paid for any property taken or for
<br />damages to property
<br />not taken, and Mortgagee shalt apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair slid restore the property so damaged.
<br />& Psrtansamce by Mortgagee. Mortpps may, but shall have no obligation, to do any act which the Mortgagor
<br />has agreed but faits to do, and Mortgagee may also do any act it deems neesaary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any aunts to expended by the MortgaVe for the above purposes, and any visas so expended
<br />by the Mmtp pe shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shall not incur any personal liability because of anything it may do or omit to do hereunder.
<br />!. Dete t; Awipmrent of Rents. Time is of the essence hereof, and up= Mortgagor's default in any cotenant
<br />Of agreement of this Mortgage, including covenants to pay when due the suers secured by this M~, the Morigsgse"
<br />be entitled, at its $ok option and without notke, to dieclM all :arcs secured by this Mortgap to be Immediately due and
<br />psyabk and may commence fostedosure of this Moripp by judicial, psocesdke; and, provided fbether, that upon suer
<br />default the Mortppe, or a receiver appointed by a court, may at its option and .without reprd to the adequacy of the
<br />renrity, enter upon and take pose sedon of the Property and collect the rents, issues and profits theralltom and apply tbsm
<br />Ont to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />add rents, issues and profits being astiped to the Moltgrrgee » further security for the payment of the indebted ese
<br />secured hereby.
<br />M 'brassier of Property. If all or any part of the Property? ,b sold or transferred without the express written con-
<br />310 of the Mott fl^ Mortgagee may at its sole option, declare aU suma.settred by this btortpge to her imm ed(ately due
<br />and payable.
<br />11. Future Advances. Upon mquest of iig +►, Mortgagwee may wLe additi onal and ta'� advantxs to
<br />Mortgagor. Such advances, with interest thereon, :shall be se±cOwd by this Mortpp when evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shall .,*e peindpal amount of the indebtedness secured by this
<br />lbetoW, not Including sunny advanced tm protect the security of tb& Mortgagee, exceed the origami Note.
<br />ILL MisoellsneouaProvidonL--
<br />(a) Any forebearance In exercising any dZbt or remedy shall not be a waiver thereof.
<br />(b) All remedies provided berein are distinct and emulative to any other right afforded by law or equity,
<br />and may be exercised concurrently, independently or successively.
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<br />i
<br />w av s �" " "__ a. _. .mss.. .
<br />- -- -- - -- -- -- - - �•j_ ':� ..:.�nn:.w -:�... gµs�i.ou.u•iaa`ou.ifieaa nxac.n w.wi oeno, ivni sire -ripMts inure to, sae raspe4'tlse - -
<br />successors and ausipra of the MorC r and the Mortgagee-
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />(e) The beadings of the paragrapbs of this Mortgage are for convenience oNy and shall not be used to inter.
<br />— -
<br />pret or define the provistont heriat
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<br />18. RdessL Upon payment of all sums tetuued by this Mortgage, )lgaaripRe shall discharge this Mce3pgs and
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<br />:ball execute and deliver a satisfactory release therefor.
<br />IN *nWESS WHEREOF, Mortpgor has executed this on,the caij?,of F&hr";3g , YS:Hq_.
<br />oor HosroNr
<br />Rog D. Moore Dograw•r
<br />State of Nebraska, Co ss:
<br />On this day of 19_., before me, the underdpe4 a Notary Public
<br />: duly commissioned and qualified for said county, personally are
<br />.to me known to be the
<br />identical persons) whose narae(s) are: sabkribed. -ta the foregoing instrument and ace n9wiedged tbe•esecution• tbareof
<br />Piz: be voluntary act sad Mdse& -
<br />'. Wlbwn my hand and notarial! at sir said cauaty, the
<br />.
<br />date aforssilA. ,
<br />i
<br />Commission ezpires:
<br />Notary Pub]ic
<br />(SPAN red ow ThU Une Re,erved For Londtr end Recorder)
<br />STXM OF NEMRASKA )
<br />ss.
<br />COt3t�Tt9t OF Hall
<br />The foregoing Mortg e was acknowledged before me this day of
<br />I
<br />l9bY
<br />Roder D. Moore, lures. of Growth Management Corporation
<br />Lincoln, braska a Nebraska corporation,
<br />;. .
<br />on behalf of the corporation, and was executed in a order et fort ve.
<br />tree rose txu aoa srsu
<br />M i>wgska
<br />�O A. ttA M .—
<br />AL
<br />f>wf;lsal;rw.IM
<br />Notary Public �
<br />
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