89102634 - Laserfiche WebLink

Browse

t 89- m 10 2 0 31 Page 2 at 2 Mortg"Or(s) ina each of them turtt+er covenant and agree with mortgage* as follows. (1) Topsyeliti ens 1uDgmentsor other efsessmenisag lei nil said premisel end to pay when duO all taxes rents toes of charge* upon sold promise& Of under any lease. permit license or privilege assigned to Mortgagee as additional seCunty to this mortgage including those on public domain 12) Toin3ureendas copinsutoobu•l elln-.landothevimprovementsnnwanorhereahvplacadonsardpremrseslei thesatisfachonotAtvngRgfm Such msuranco shall be approved by and deposited with Mongag" and endorsed with a mortgage CtU;ise with Iola thereunder payable to Mortgagee Any slums aO recatWd by Mottgatgeo may to us/Olo pay IM reconsiructionot the destroyed improvements or So epplltKf may. at islet option at the Mortgagee, tie applied in payment Of ::v irt0ebt�d/��.s ?^_.t--,!d !" t!n alkirgsm wicured by this monaege (3) To keep sit building% fixtures and other improvements now on or hamtter plaCe.1 on said premises occupied and in good repair. maintenance and condition and to nalths► commit not permit any acts of waste ti► any impairment of the value of User aacunty N) In the event Mortgagors fall to pay any Otani, judgments. assessment$, taxes re to, yes or charges or maintain any insurance on the property. buildings, fixtures or smprovelmentsas provided h4i or to the loan agreement. Mortgadee may, at Its option, make such payments Of prOYlde Insurance, maintenance Of repaint and any amounts peso therefor shall become pan of the principal indebtedness secured hereby, be immaidiatety duo and payable and bear Interest from the defeat paynenl as provided in the loan agreement Proviciad, however. that the advancement by MongagN of any such amounts shall in no manner limit Use right of Mortgagee to declare Mortgagors in default or exercise any of Mortgagees other nghts and remedies (S) In that event MortgageeIsa pony to any Ijil gsltonaf fectingtheescUrttyorthetier sofintomortg age. including any suit byMortgagaetoforaclose this nlOngage or any suit in which Mortgagee is named a defenoanl (including condemnation and bankruptcy proceedings) Mengel" May IncurexpMoosand advance payments for abstract fees attorneys left (except to the extent prohibited by law). coats, expanses. appraisal fees and other chofgm and any amounts so advanced shall Wei pan of the principal indebtedness secured ttorob y. be immediately due slid paYabl* and boar Interest as provided in the loan agreement (t)) Any awards made to Mortgagor* or tMtr successors by the exercise of eminent domain are hereby assigned to Mortgagee; and MOngag" 1s hereby authorized to collect and apply the earn* in payment Of any indeOtsQneas, matured of unmatur". tleour*d by this mortgage f 71 In the even) Mortgagors default in the payment when due of arty sums secured herby iprincl pat. interest. advancements. Or protective disbursements), or fail to perform or obwme any covenants and conditions contained herein. - n the notate) or In the loan agrijamenlfe!. Or any proceeding is brought by or against Mortgagors undo* ant Bank ruptcy laws. Mongageethey at its option, declare the stiff se indebted nest Secured herrtb)ltobeimmadieblydue and Rayahle and bear interest at the detala t -ale as provided in the note(#► or loan agreemer+t(s) and Mortgagee may immediately tore 10% 11112 mortgage or pursue arty pthar available ggsl remedy inckt.l<%Qtgmclosuro by advertisement with a power of safe in Mortgagee to the extent provided biz a" law PrOvidad. hOwevst. that delay by Mortgages in exerc•s!mq.lts rights coon datsult shelf not be construed as a wo.ver thereof and that any act of bAo►gr ageowel virg a % specific default shall not be construsd as* weiveirellany'i•,yr„ mifttault if the proceeds under avCt` ealearC1vrsclosuro are tnsuflicrontto Pay thetM% 7i clebtedl"ess'hrirablY secured. MongagOm do hereby agree to b!. ptlietlMitt- bound to pay the unpaid berancH 6f'41 Aicr'gagee shall be entitleQ to a defkrancy )tidtjmen! 101 upon detaka . MQ"T9ajiee :hall atone* become entitled to exCluslik" ccssiea3•on. use and enjoyment atoll prdpettsr aou 1040 this. Isiuee. crops and profits thereof from the t-me z tt,�M Wault and during the pendency of torecrosure proceedings and trio period of redampeJo, IT* ea(ivoM of which may toWorced by Mortgagee by any agpc; ActaUe sue. t action or proceeding Mortgages shall be ent.l Ifnd to a Rer:elva► for sold property MM if (TOIA issues. c(Opa and profits thereof. without regard lot" value oil PA TSproperly.orthesurfic/encylhisfa Uodischargethis mortgageefebt anothetorectedcr..oteats.f n*TtiSexponm.SuchReceiver maybe appointed -.-4 any Colin 0competatilt jurisdiction upon ex parts &ppiicatsors notice beingherebye.prosslywells" Ttrettocsns ►ahatlapptyAll r*nts,issues. crops. p► ofits. inCO�rseandrevenueofthepropenytoreapthesomeingoodrepairandcondit ion payalltaxes, rents,fee$, charQelstlrJaaasesments,paytnaunnce Premiums nocosit"'Y to keep the premises insured. Day that expense of the receivership and attorney left incurrW. tivT4 Receiver a^+CepplytllenatOtCCaedstdttle payment or the indebtedness secured hereby, Sue* Receiver shall have all the other usual powers of receivers, agi7t onSed by law and as that court Tinny direct (9) The integrity and rNponaibtlityofineM Jr%sgarscotuttutaso pan ottheco stderationtortheobhg0onsascul edhereby Shau(OMortgagorssell•transfor oil convoy the property dncribed�ert! m, wTlhcur Vic r written consent ofMong agee. Mortgages May a tit$ option. declaretheenttrokndebtednesermmediateyduo a;`d payable and may proceed In tfee e. tpr e+*serr o+ its lights soon any other default (10) Assignment of Rents inciL.fl rrg;Proceeds of Mineral teasel. Monagiors hereby transfer, set ovetand convoy to MOngagae alt tents, royalties, bonuses and daisy moneys that me y from time to lime become due and payable ender a ny rear estate lease or u riderany, Ot), gas or other mineral lesse of any kind now existing Of that they heresl or COme into existence. covering the above land or any part thereof Ate such sums so raONved by MOrI969" shat' be 810911e0 to the Indebtedness securedhereby, orsaid Mortgagoomay aide Option. tum ovet and dallver to the MO.lgaQOrs or their sucte"OrS in interest. any or all of such sums without prejudice to any of Mortals" s rants 10 take end retain future Sums. and without prejudice to any of its other rights under this mortgage The transfer and conTreysnce hereunder toMartgageeof said rents. royalties. bonuses and 'lelaymoneirsePhanbecOnsiruadt ilienprovisiontinthepaymemyrreductionsaithemuriyeye4iiLi. subject to trio Mortgagee'sovtlon as har*mbeton providled. inciagencient oftne mortgage loan on asio real estate Upon paym*niln f(owe.t the mortgage debt and the release or this mortgage of record. this ctxr evwii a xiiiirl i 6Gwj b : ::.p:.0 :e a -a at no further 1^ ce •rim+ oft-1 ( 111 The covenants contained in this mortgage a•lall be doomed to be seventbte. to the event that any 001tiOr" Of this mortgage es dotermined to be void or u"s rotceable lnal liAtArm.naLOn sritit not affect true validity of mA ramatiiino porhons of the mortgage ----- - - - -•- - -•--- - -- - -- -�mi): PAY ;.l inijr-, Cor- -inrA ;nn Jalrjes E. KimbroUgh) President STATE OF Nebraska COUNTY OF - Hall 1 On this 13- day of 1`7ay _ — A .r,.. to 89 before me. a Notary Public. personally appeared JWTIeS E. Kiinbrough President_U mi ) V•_F,.t- Clinic, Inc. a Nebraska Corporation to me known to pe ttie pefsonts) named in an d wtto executed the foregoing instrument. and acknowledged that he executers the same as t' t!S votu ntafy act and tie" iiBll 1t MlUll j , r_� (SEA!_) �ML .errs. L. Townsend t! 'Typo or onni name under signature) My commission expires ___ e� ^rotary Pvoiie r^ ants for said County and Stare. 7 4 t "Tf f. ° m y C3 ;; t t a : 4 0 I fir► U � ! � ( a p UJ H G A s " 0 z i w if