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I 7. Costdemnation. In the event the Property, or any part thereof, shall betaken by eminent domain.the Mortgagee Is empowered to collect and receive all compensat ion which may be paid for any property taken or for damages to property not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured hereby or to repair and restore the property so dsrssaged. 8. Performance by Moatgsgse. MortPre may, but shall have no obilgation, to do any act which the Mortgagor has agreed but fails to do, and Mortgagee may also do any act it deelft necessary to protect hie lien hereof, Moryagor agrees to repay. upon demand, any sum so expended by the Mortgagee for the above purposes, and any sums ao expended by the Mortgagee shall be added to the Indebtedness secured hereby and became subject to the Ilan hereof. Mortgagee shall not Incur any personal liability because of anything it may do or omit to do hereunder. !. Default; Atsipment of Rents. Time is of the essence hereof, and upon Mortgagor's default in any covenant Of agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the mor prit shall be entitled, at its sole option and without notice, to dedare all sums secured by this Mortgage to be immediately due and payable and may commence foreclosure of this Mortgage by judicial proceeding and, provided rumser, that apoa such default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to,the adequacy *too security. enter upon and take possession of the Property and collect the rents. issues and profits therefrom and apply them first to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee; said rents, issues and profits being assigned to the Mortgagee u fluther aecurity for the payment of the indebtedness secured hereby. 10. Transfer of Property. If all or any part of the Property is sold or transferred without the express written con- sent of the Mortgagee. Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due and payable. 11. Future Advances, Upon request of Mortgagor. Mortgagee may make additional and future advances to Mortgagor. Such advances, with interest thereon, shall 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 Mortgage. not including sums advanced to protect the security of this Mortgage. exceed the original Note. 12. Miscellaneous Provisions. (a) Any forbearance in exercising any right or remedy shall not be a waiver thereof. (b) All remedies prodded herein are distinct and cumulative to any other r�lt afforded by taw or eq*ty, and may bee :erased :orcurrently, indepenrientiy or impees ivelV. (c) The covenants and agreements contained herein shall hind. and the. rights inure to ten . -nee.ly successors and assigns of the Mortgagor and the Mortgagee, (d) All covenants and agreements of the :Mortgagor are joint and several. (e) The headings of the paragraphs of thls Mortgage are for conxenlence only and shall not be used to Inter- pret at define the provisions hereof: I& Release. Upon payment of all sums secured by this. Mortgage, Mortgagee shall- discharge this Mortgage and shall exKute and deliver a satisfactory release therefor. IN WITNESS %HEREOF. Mortgagor has executed this Mortgage on the -!At day of June ack EC, Stbile). Borrower (MaryP R4. ogle) Borrower State of Nebraska. Nall County ss: . On this 1st day of --June , 19„$x_, before me. the undersigned, a Notary tart' Public duly commissioned and qualified for said county, personally came .lack- E_ Stolle ands Marg M_ Stolle huchand and Wife , to me known to be the Identscal pewm(s) whm? ni ne(s) are subscribed to the. fereg*4 insitttnteat and acknowledged the execution thereof to be their voluntary act and deed_ •r Witness my hand and notarial seal at Graff Island Nebraska in said county, the date aforesaid. t Ib'pIAr�MUN.ihinr My Commission expi"t: DO A , an fro OW J 7 P11 �1 �•1 M rU notary public T — (Syace Mow 'this Res rVed of � Recorday -�i—` =--T_ c t 'y Xk cD /1t11tt Crs ] a at, , l J 7 P11 �1 �•1 M