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<br />7. Cvadeamtion. Ira theevent the itoperty., army putthereof, shall be taken by eminent dornaln,tbe MortiMe
<br />is empowered to catiect and receive all Compensation enrich way be paid for any property taken or for da rnages to pmptfrty
<br />pot taken, and UarWtgee shag apply such compentation; at tts option, either to a reduction of the Indebtedness secured
<br />hereby of to repair aid rvstote the property so damaged,
<br />0. Pedenwaee by Matfiapeer. Modgagee tray, but shell have no obligation, to do any act which the Mortp w
<br />hat agreed but fdb to do, and Uoc*gw may also do any act it deems necessary to protect the lien bereof. Wor*"
<br />spur to repay, upon demand, any some so expended by the Mortgagee for the abovr purposes, and say sums to expended
<br />by the Mort Ve shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mor9ppe
<br />shall not incur any personal liability because of anything it may do or omit to do hereunder.
<br />s. lilait; Arai asrtaat of iANW lint' Is of the essence bereot, and upon Mortgagoe's default In any covedent
<br />or agrsement of this Mottppe, Induding eovenaits to pay when due tae sums secured by this Mortgage, the iifnttopwo uli
<br />be.entilUd, at its sale option and Without notice, to dedare all mm secured by this WortiM -to be Immediately due and
<br />payable and may carnnuenee foreclosure of this Mortgage by Judicial procaedinp; and, provided Cum r, fiat upm*u&
<br />default the fill rWW, at a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />acutrity, enter upc a ard,take possession of the Property and collect the rents, kaws and profits therdbom and appty theta
<br />But to the cost o'k4bUecttorr and operation of the lbropetty and then upon the indebtedness second by this Mortgagee; .
<br />raid tents, issuez 644. profits being assigned to the Rhea ape has further security far the payment of the indebtedrtats.•.• :.; "
<br />secured hereby. ;
<br />10. `Ikana%'±3C >•rvperty: If all or any part of- this :p it j arty Is sold or ftamfcrted witincU chi ezgtmfi .wri)iea coo ?'
<br />sent of f ist•. yiorty, tgee )may at its sole optioli;- 117�re W sums secure d by dais Mortgq a to be fib*0iljately due
<br />sad
<br />mtW Upon reque¢t...of Mortgagor, Mortgagee may nuke additional and future advanem to
<br />ri ces, wick interest iltureun, shalt be secured by this 1Kortgage when evidenced by promissory notes
<br />NP .=Q. IMMS are. Muted hereby. At no tame shall the principal amount of the indebtedness secured by this
<br />Mgt rich irtduding suuns1[ts!11nctd. to protect the security of this Mortgage, exceed the original Note.
<br />:; "1iZ, i4tii!elfiineaas Provalota :.
<br />forebearance in exercking any right or remedy shall not be A .vilii 4risll�m�ri:
<br /># S) All remedies provided herein are disci dead cumulative too ttsfat_ -U r right afforded bTkmnqr equity,
<br />and may be exercised concurrently, independently or successively,
<br />..do.-The covenants and agreements contained herein shall bind, and the rights inure to, the respective"
<br />;eceasoa and assigns of the Mortgagor and the Mortgagee.
<br />'(d) All covenants and agreements of the Mortgagor are joint and several.
<br />(e) The headingp of the parsVVhs of this Mortgage are for convenience only and shall not be used to inter;' '
<br />pret or define the provis 4m, hereof.
<br />.1% Rektw, Upon pay-�Mvnt of al. s 'ins secured by this Mortgsge, Mort gap(ae shall discharge this ftfici~ yge and
<br />shall and deliver a sate � n oiy refew therefor,
<br />IN• WITN''M WHEREOF, MortgKiar 1r.4,s exeeA%41,this Mortgage on theUth day of "A=il ,19
<br />•i.
<br />r e v n H. Gosda '� ao:rasrsr
<br />Virginia 11. Gosda, Hoaowe:
<br />State of Nebra" H" County ss:
<br />On this ' '14th day of April , 19 89, before mo, the 0t i!vsigned, a Notary Finite
<br />duly commissioned and qualified forsaid county, personally came -- Melvin H. sda- and - Virg# aAa
<br />Husband and Wife
<br />,. to me mown to be ti;p
<br />Identical persons) Whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />to be their voluntary acsand deed.
<br />lqt Witness my hand and notarial seal at Grand iSlartrl, Nebraska in said county, the
<br />date afoeeaaid.
<br />My Coeunasion expires: j
<br />t� xo!:sr icb�-
<br />Q+w� dit.$6 �
<br />e Below Ub Life Reserved For Lender and Recorder)
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