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. >titteriasasee. ire but aW bova go to do any sick which_ the Itari�i�ur iteetgapi� option X Mt asitins "cemsy to protect Ule acre ner+eor. nolmm to danard, apes so atpanded by the ModMw for the above and any an= so expinded - span° repay, upon dal pwpous, by tie Mortgip e aball be added to the btdebtedeen; secured Aaeby and beeosae subject to the lien bareot. Itortpspee .. sit�a>! not fs�akrasy paraoestl . became o[aa4thbsg it may door aaaii to do ber+Eaokdes � ' Rests: Tun -is'of this edwnee bms K and upon. >i%ctpg)oes defanit In any t.nreaas►t ota/slRaaeitt dtiial6etgPpe, bsdad:ag eawnants to pay when der <be suaa ucarsd bry this A*#*. U*UGt4W" shall U endiled, at i js sole op(iva and witbnrt notice, to declare ati wens secured by this h1or4pp to be immediately due and its and slay as MMM faedoatte of the Yortgage by jridiciat paoaedho; and, ps^ar[ded ftarthdr, that upon such dsllaatt-tlse .lbstpapse► or a aieeI I v appointed by a coast, they at its option and wiCbmt re ford t0 the adequacy of the a eo ty, enter upon ad trite pmesilon of the Property and collect the rents, hmm and profits thereflom and apply them -- — caawtimand operation of the Property and titan upon the indebtedness - secured by this Mortgagee; said seas, trines and profitt being awed to the lifortgapee as !umber a ndty for the payment of the indebtedam saemerd bseeby. -. Trastafa of Ph9atT: If an or any part of the Property is sold or transferred without the eakpras written con.• E . aeat of the li wWgee, Mortgagee may at its sole option, declare all sums.secured by this Mortgigge to be immediately due w4 payable. ' 11. Future' Adattees. • Upon request of Mortgagor, Mortgagee may make additional• and fu tmr advances to MorWor. such advances, with interest thereon, sball be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this lbrtgage, not including sums advanced to protect the security of this Mortgage, exceed the original Note. 12. Miscallumus Pm.idom (a) Any forebearance in exercising any right or remedy shall not be a waiver thereof. (b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successively. (c) The covenants and agreements contained herein shall bind, and the rights inure to, the respective successors and assipn of the Mortgagor and the Mortgagee. (d) All zuvr,teui6 awl oWeetuesus ui iur l iu.tgagot ere joint b.1J seve.a,. (e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter- -pret or define the provisions hereof. I& Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and daU execute and deliver a satisfactory release therefor. , IN WITNESS WHEREOF, Mortgagor has executed this Mortgsge on the ]lb– day of (1 es B. McElroy) sonower _ n A z M Devra A. McElroy Borrows: State of Nebraska, Hall county sa: u "this 7th day of August , 19.,9.x, before me, the.undenigned, a Notary Public duly commissioned and quallfled for said county. personally came .lames B. McElroy and Devra A. McElroy. husband and wife . to me known to be the identical peim(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be their voluntary act agd deed. Witness my hand and notarW seat at Gra d-- Island _ -Nebraska in said county, the date aforesaid. �� My�J Commission expires: tt� T t2 l Nowt Public : Mace Seto_ w This Lim'Itou veil For Lender and Recorder) -- - - --3 r --- ��r` \��•v1. r i t. Y► - ~m; - — Yip F�. n r► s Z V. t 4 1 �. n L ' O 4 ti 6C.IND303 2,80