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� v0 <br />(6) That in the event any awards are made to the Mortgagors or their successors in Interest for:taking or damaging <br />by the.exercise of eminent domain the whole or any part of the mortgaged premises or any easement therein, the said <br />awards are hereby assigned to the Mortgagee; the Mortgagee is hereby authorized to collect, receive, and ,receipt <br />therefor and to apply the same in payment of -any Indebtedness, matured or unmatured, secured by this nortgage. <br />(7) That in the event Mortgagors default in the payment of said principal sum, or of any installment thereof, or <br />of any interest thereon, at the time when the same shall be due,.or.with respect to any covenantor condition here- <br />of, then, at the option of Mortgagee, the entire indebtedness secured hereby shall forthwith become due and payable, <br />shall bear interest at the rate of ten percent per annum, and the Mortgagee may Immediately foreclose this mortgage <br />or pursue any other available legal remedy. <br />(8) That in the event action is brought to foreclose this mortgage, the Mortgagee shall be' entitled to immediate <br />possession of the mortgaged premises, and the court may appoint a receiver to take possession of said premises, with <br />the usual powers'of receivers in like cases. <br />(9) That failure -or delay of Mortgagee to exercise any of Its rights or privileges shall not be construed as a <br />_waiver thereof; that any act of Mortgagee waiving any specific default of Mortgagors shall not.be construed as a <br />waiver of any future defaults; that in case of default in the payment of any amortization installments or interest, <br />or in case of payment by Mortgagee of any lien, judgment, tax, insurance, cost or expense, or rents, fees or charges, <br />said Mortgagee shall have the privilege, without declaring the whole indebtedness due and payable, to foreclose on <br />account of such specific default for such sums as are in default and such foreclosure proceedings may be had and' <br />the land described herein may be sold, subject to the unpaid indebtedness hereby secured, and this mortgage shall <br />continue as a lien for any unpaid balance. <br />(10) That the Mortgagee may extend and defer -,the maturity of and renew and reamortize said indebtedness, release <br />from liability any party liable thereon, and release from the lien hereof portions of the property covered hereby, <br />without affecting the priority hereof or the liability of Mortgagors or' any other party for the payment of said <br />Indebtedness, all such extensions, deferments, renewals, and reamortizations to be secured hereby. <br />(11) Transfer of Security. It is agreed between the parties -hereto, their heirs, legal representatives and assigns, <br />that the integrity and responsibility of the Mortgagors constitutes a part of the consideration for the note secured <br />hereby, and that in the event the Mortgagors shall sell, transfer, or convey the property described herein, the <br />Mortgagee may at its option declare the entire indebtedness immediately due and payable and may proceed in the en- <br />forcement of its rights as on any other default in the terms of the note and mortgage. <br />(12) Assignment of Proceeds of Mineral Lease.. Mortgagors hereby transfer., set over, and convey to Mortgagee all <br />rents, royalties, bonuses, and delay moneys that may from time to time become due and payable under any oil, gas, <br />or other mineral lease of any kind now existing or that may hereafter come into existence, covering the above land . <br />or any part thereof. All such sums so received by.Mortgagee shall be applied to the indebtedness'secured hereby; or <br />said Mortgagee may at its option turn over and deliver to the Mortgagors or their successors in interest, any or all <br />of such sums without prejudice to any of Mortgageels rights to take and retain future sums, and without prejudice <br />to any of its other rights under this mortgage. The transfer and conveyance hereunder to Mortgagee of said rents, <br />royalties, bonuses,, and delay moneys shall be construed to be a provision for the payment or reduction of the -mort- <br />gage debt, subjectto the Mortgagee's option as hereinbefore provided, independent of the mortgage lien;on said real <br />estate. Upon payment In full of the mortgage -debt and the release of this mortgage of record, this conveyance shall <br />become inoperative and of no further force and effect. <br />(,Words and phrases herein, including `the ac knowledgnent hereof, shall be construed as in the singular. or plural <br />nu-bers and as rasculine, feninine, or neuter gender, according to the context.) <br />(SEAL) G' ) SEAL) <br />A. <br />y er. <br />(SEAL)llw&/,� ' s (SEAL) <br />Shirley R..Harder <br />(SEAL) (SEAL) <br />(SEAL)(SEAL) <br />STATE OF Wie kL*e-V/(C" MARK J. KEISER <br />GENERAL NOTARY—State of Nebr.' <br />ss. My Commission Expires <br />COUNTY OF A/4 �� - January 20, 1979 <br />On this �� day of FE / u d v)/ A.D., 19 7 �, before me, a Notary Public in and for said County and <br />State, personally appeared Wesley W. Harder (also known as Wesley Harder) and Shirley R. <br />Harder (also,known as Shirley -Harder), husband and wife <br />.to me known to be the persons named in and who executed the foregoing instrument, and acknowledged that .they executed <br />the same as their voluntary act and deed. <br />I -Y commission expires JghUAr v .24, <br />(Type or pr nt name under signature) <br />Notary Public in and for said Countyand State <br />T � <br />b <br />C <br />a <br />O <br />N , <br />� <br />m <br />} <br />i <br />c <br />O <br />1—r <br />-c:. <br />V <br />U3 <br />N <br />i <br />•o . <br />u_ <br />..•� <br />Q <br />m• o• <br />U Z <br />d <br />R R <br />CL : <br />Cr <br />I <br />Q <br />H <br />U <br />bo <br />F 0 N <br />O <br />it <br />(Type or pr nt name under signature) <br />Notary Public in and for said Countyand State <br />N <br />b <br />d <br />a <br />O <br />o <br />m <br />c <br />O <br />bo <br />U3 <br />N <br />i <br />..•� <br />1` Q <br />d <br />R R <br />Cr <br />I <br />Q <br />U <br />O <br />it <br />Y <br />W <br />i r <br />O C <br />O <br />W <br />F a� <br />O <br />u <br />U <br />i <br />V) ' <br />CQ <br />U) <br />. <br />C <br />N <br />a <br />'Cl <br />U <br />3 (1 •I <br />O <br />.0 t <br />C <br />- <br />GU. <br />-Eo <br />- <br />0 <br />a� .• <br />co U <br />ti <br />O <br />O <br />U <br />N <br />9 <br />F <br />E- <br />•S HO <br />;.-• <br />' <br />E <br />o' <br />- <br />a. <br />U O <br />m . <br />to <br />U' <br />N <br />b <br />a <br />O <br />O <br />� <br />H <br />O <br />N <br />i <br />..•� <br />1` Q <br />d <br />R R <br />Cr <br />I <br />Q <br />MU) <br />W <br />i r <br />U <br />i <br />V) ' <br />