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7.Coadmination. Inie event the Property, oc any part'thereof,shall betaken by eminent doinaln,the Mortgagee'
<br />i4ompoweredtocolloctand me** alliompomtiOD which may be paid for any property taken or for damages to property
<br />WA taken, and Mortgagee ahgll,Ipgy such compensation, at its option, either to a reduction of the Indebted== secured
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<br />befft og to repair and ream or property so damaged.
<br />& plerformsm by Vort@Wee may, but shall have no obligitlon, to do any act which the - Maft&W
<br />Las speed but bb to do, w.4 . 11ortMW may also do any ad It deem necessary to potect the lien here.�L M'CkWor
<br />aVm to n", upon dwsndjAy rAm so upended by the Mortgagee for the above purposes, and any sum so expended
<br />by the UortpW shall be &Wd to this indebtedness secured hereby and beware r c subject to the lion hereof. Mortgagee
<br />dW mat MM any pwmd U&Nty kvsw of anything it may do or omit to do o's —der.
<br />DWhd4 An4wa"I of Ruds. June is or the "now hereof, and upon Mortgagor's default In may covenant
<br />tof this 1f~,0W"aS covenants to psFv1Mz due the cams secured by this Ak~, tbeVerippe shall
<br />be entitled, at its sde o0ou..sad without notice, todedam.stl sums secured by this Mortple to be immediately due and
<br />psryAk and any commence Ibleclor"t of this Mortlow, 10"" pmeedinw. and, prodded further, that upon "such
<br />debaft the Mortgagee, oc a riceiver appointed by a tovt;�* *11fi(v qpfion and without regard to the aftilamy of the
<br />secolty, eater upon and tales #*"ska of the 8mperty acrd aaiiimi4t rental, Issues and profits therefrom and apply tl*m
<br />}lest to the cork or callectiow"d operation of the Ispon the indebtedness secured by thisMortPM;
<br />r sue` the payment of the Eadebtedness
<br />pad rmb, issues and profits being mdgwd to the Mortgagee ace'. ft*zecumW_
<br />mKwW hereby.
<br />14. Transfer of propedy. U aH or any part of the Property is sc4d or transferred without the express ritten ear-
<br />*t'01 the Mortgagee. Martow,may if its sole option, declare all s;tu=4et_VW,*� this Mortgage to be immediately dile
<br />rod payable.
<br />make additional and future sidiances ta
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<br />IL Future Advances. Upon request of Mortgagor, Mortgagee
<br />-Mortgagor. Such advances, with interest thereon, shall be secured ty thIA Nor-or whien evidenced by promissory nc;m
<br />Aift that said notes are secured hereby. At no time shall the principal a6Nant of the Indebtedness secured by this
<br />-'Vnrtpp, not Muftl sum admad to protect the security of this Mortg*,,mceed the. original Note.
<br />12. bliscellanisouttovisims.
<br />(a) Any forell"Mce in exorcising any right Or remedy QUO not tw a waiver thereof.
<br />(b) All remedies provided herein are 6AIri# and . Tight afforded by,I*jr or equity,
<br />and msy',.&e exercised -oncurrently,,.tdependently, or suctes0k*T'.
<br />(e) The covenants and agreements contained hervLrD-Aall bind. and the rights inure to, the respective
<br />suecessov3 and assigns of the Morta&r and the Mortgagee.
<br />(a) All covomts and agreements of the rdori,gagor are joh.' , and se-teial.
<br />(e) The beadirigs of the p
<br />VMV*phs of this Mon" are for convenience only and shall not be used to ante:
<br />post ord-qf-_ie the prnivid&ns hereof.
<br />Release. Upda,'Pay-Intmt of all sums secured by this Mortgage. 00 Mortgage and
<br />dW execute and deliwer a iid&fictory release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortpge on theZISL day of April 19 —M.
<br />(Go don Eric Jones) f Borrower
<br />fS*1a Kay St 9g Jones)-, I' Borrower
<br />o f Nebroolm County
<br />on this 214t _day of April 89, before me, the undersigned, a Notary Public
<br />s �' la Kay
<br />duly commissioned and qualified for said county, personally came Gordon —Eric Jone and Sg!!
<br />N"AStoll Jones- titj&,band and wife. to me known to be the
<br />ideritkal penion(si- whose name(s) are subscribed to the foregoing Instrument and acknowledged the execution thereof
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<br />to be th pfir voluntary act and deed.
<br />W1tneSMy hand and notarial seal at Grand Island, Nabranka in said county, the
<br />date aforesaid.
<br />My Commission rilpiten'. DLV PrA WE shEmbn
<br />% 6.1W A
<br />Notary" PubUc
<br />(Space Mow 'This lAno Reamed For Leader and Recorder) —
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