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<br />7, Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortpgee
<br />is empowered to collect and ret alve all compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensation, at Its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />& Performance by Mortgm". Mortgagee may, but shall have no obligation, to do any act which the Mortgallon
<br />has agreed but fails to do, and Mortgagee may also do any act it deems neemeary to protect the glen bereot Mottpgot
<br />apses to repay, upon demand, any sums so expended by the Mwtppe for the above purposes, and any rums so expended
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien bereof. Mortgagee
<br />shall not Incur any personal liability because of anything It may do of omit to do hereunder.
<br />9. Default; Anigosnent of Rents. Time Is of the essence bereof, and upon Mortgagor's default in any covenant
<br />orailreement of tbitMortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee sball
<br />be entitled, at., its We optiosr and whlwilit notlee, to declare all sums secured by this MortgW bo be hanadiately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proeeadi tgo; and, plo niard tartim, that upon such
<br />dfmuit the Mortgagee, or a rccelver appointed by a c+wA, may at Its option &#A without regard to•titre adtqUK7 of the
<br />security, enter upon and take possession of tiue Property and collect the rents, braes and profits there-frm sad-appty them
<br />tint to the coat of collection sad operation of the Property and then, upon the Indebtedness mound by Ob Melt pow ;.
<br />said rents, indaa and profits being assigned to the Mortgagee as further~ security for the payment of the Indebtedness
<br />secured hereby.
<br />it Ttanstsr of Property. U all or any part of the Property; is sold or transferred without the expren written con-
<br />ant of the Mvttyagee, Mortgagee may at its sole option, declare all sums,seeured by this Mortgage to be Immediately due
<br />and payable.
<br />11 .-ftWe Advances. Upon request of Moirtgpigor. Mortgagee may make additional and Ware advances to
<br />Man&W r: SucK advances, with interest thereon, sball be secured by this Mortgage when evidenced by'•promissory _notes
<br />stating Asst saW,netes .*m secured hereby. At no• time shall the principal amount of the Indebtedness secured by this
<br />Mortgage, a+d�i iolarding sums advanced to protect the secw ty oP this Mortgage, exceed the Odillnd Note.
<br />12: lh�ot>asneuus h�orieios. .., ' _ ..
<br />(a) . Any fowbeamee in exercising any right or remeo shall not be a waiver thereof.
<br />(b� : !W remedies provided herein are distinct and emmulative to any other dgl).t afforded by law or equity,
<br />and may be exercised concurrently, Independently or successively.
<br />- - .Q 'n.,, x:^...a..� -�.. _..zrea•° x: --Lzed heemin. zhe-1 : -y;u -an-d •tie
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d) All covenants and agreements of the Mortgagor are joint and Several. =Y
<br />f }
<br />(e) The headings of the paragraphs of this Mortgage are for eonvenfence only and shall;uot be used to Inter- '"
<br />pret or define the provisions hereof.
<br />I& Belau. Upon payment of W sums secured by this Mpztpge „Mortgagee AID discharge thi: Mortgage and �
<br />sboll execute and deliver a satisfactmzy release therefor.
<br />OF, Mortgagor has IHa th& day of .,19 89. ±;
<br />R 41, y
<br />JAL
<br />titi ri,�z�u�
<br />//,� Ka�hy Worward Borrower a
<br />State of Nebooka, 7QLl.P/ � ---,-County ss:
<br />On dais --3Q say of ,. 19A, before me, the undersigned, a Notary Iiblle
<br />duly commisdowed and qualified for eafd Bounty, personally come: `
<br />to me known to be Site
<br />Identical person(s) whose name(&) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />for be voluntary act and deed_: ,Q
<br />Witnm my hand and notarial seal at �",& —t � � in said county, the
<br />date afomaid . +-
<br />My Commission expires:
<br />WiAMOr 7'Nl11S J voters �abira
<br />ej hm EIL frlr ill 1w
<br />($Dice Odow This Luse Riiswid Tor Under &M Recorder)
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<br />NaC IOGG I : U 303 2190 `
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