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<br />T• CoadeanaatloL lit t5e levenP )hM Prsperty,ocany pert thereof, ah>All betaken by eminent domaln,the Mortgaee
<br />is empowered to collect and rtceivt all compensation which may be paid for any property taken or far damages to property
<br />not tahn, and Moatppe shall apply $uch• cernpensation, at its option, either to a reduction of the indebtedness secured
<br />hereby of to repair and restore the property so damaged.
<br />8. ParfoemaMe by ittoctglaW.. Mortgagee may, but shall have no obligation. to do any act which the Mortpgor
<br />has 89"d but fails to do. and U*eg ogee nay dso do any act it deems neassay to ptwteet the lien here, ir. llortpglor
<br />agtues to repay, upon demand, any amm s w expended by the Mortgagee for the above purposes. and any sums so expended
<br />by the ldortfWe sbali be added to ulna indebtedness fecund hereby and become subject to the lien hereof. Moripgoe
<br />[ball not incur any personal tie Mty because of anything it may do or omit to do hereunder.
<br />9. Ddmk; Aselpa t Of Reap, Time is of the essence hereof. and upon Mortpgor'a default in my oovenant
<br />orapeeaent of this llWrt Wjnciud(ng co emots to- pay when due the sums secured by this Mortgage, thelldo pre shall
<br />be hntitkd, at Its Zola option and without notice, to declare all sums secured by this Mortgage to be Munedlately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and. provided further, that upon such
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without reprd.to the adequacy of U1=--
<br />security, enter upon sad take posseadca etT the Fwperty and collect the rents, issues and profits therefrom and ap* them
<br />out to the coat of collection and operat$on, of the property AnOtLxPoo the indebtedness secured by this Mortgagee;
<br />aid rents, istim and pr.* Ma being assigned to the Mortgagee As security for the psymetct:• of the indebtedness
<br />aecared hereby.
<br />10. 7Ya111fer on .' if?;tt~; =5 pert of the property is sold or transferred without the express written can•
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<br />sent of the Mortp�te„ mi, opition, declare all sums secured by this Mortgage to be immediately due
<br />and payable.
<br />11. Future "Mill A pon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Moc. Such ad saxes; r;ws it xrest thereon, shall be secured by this Mortgage when evidenced by ply noses
<br />stating;' titat said ncte� ]S sec d hereby. At no time shall the principal amount of the indebtedness sin c!14 by this
<br />Mortgage, not inctua sums advanced to protect the security of this Mortgage, exceed the oAOUA1.3 Vi R.'
<br />12. Miscellaneous Provisions.
<br />(a) Any forebeararm in*n exercising any right o,. temedy shall not be a waiver thereof.
<br />(b) All remedies p_-:ssded herein am distint Vand cumulative to any other right aM;.i3..b' taw a' r equity,
<br />} ' and may be exerssed wrncu rt :, 1i%4ependently or successively.
<br />(c) Zane covenants mid agreements caatabird ,herein shall bind, and the rights inure to, the fitzpective
<br />successors anei 111440S of the Mortgagor and Oe Mortgagee_
<br />(d) 1+.; x covenants "ad agreements of the Mong sgor are Joint and several.
<br />(e) The headings of the paragraphs of this Mortgage are for convenience only and A39111 riot be used to Inter•
<br />pre& or define the provisions hereof.
<br />IL Release. Upon paymini of all sums secur d ky ,this Mortgage, Mortgages .&a] •ge this Mortgage and
<br />shall execute and deliver a satisfactory release td�tsre;for,
<br />IN WITNESS WHEREOF, Mortgagor has execute.¢' his Mortgage on the
<br />3111 day o:' ,: ' ireh ,19,(
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<br />[Dean L. Harms) Sor:owe:
<br />{.ern
<br />ern F. Harms) Borrower
<br />\ �k m, of Nebraska. Hall County ss:
<br />O Res this 31st day of March 19_B, before ma. the undenijr,z -d. a Notary Public
<br />� duly commissioned and qualified for said county, personally came Dean L. Harms and Lifer _n E, t-lal -ms .
<br />' _husband and wife , to sot, known to be the
<br />s� identical penon(s) whose name(&) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />�. to be —theor . voluntary act and deed.
<br />Witness my band and notarial seal at _ Grand Island Ncahranka
<br />in said county, the
<br />date aforesaid. MFAI
<br />My Commaon expires: LflR i
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<br />rtowy public
<br />(30aes SHOW 7UW 1Aoa Rein -wd For Lender and Recordes)
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