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<br />7, Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgape
<br />Is empowered to collect and receive all compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensation, at Its option, either to a reduction of the Indebtedness secured
<br />hereby or to repair and restore the property so danuod.
<br />8. Performance by Mongspe. Mortgagee may, but shall have no obliption, to do any act which the Mort/aW
<br />has agreed but fails to do, and Mortpiee may also do any act It deeme necessary to protect the lion heeeof. Moetia8or
<br />APVft to repay, upon denund, any sums so ezpended by the Mor4ppo for the above parpoaea, and any emits so exps ailed
<br />by the Mortgagee shall be added to the indebtedness secured hereby and becom subject to grits lien ,beraof. Modpow
<br />shall not incur any personal liability because of anything it may 0 at Omit to do Uereunder, -
<br />9. Do("; Audgammt of Beata. Time is at ft memos hetiiof, rind "lgpon Notts MW# def aultAk shy covensat
<br />oragreemeat of this Mortgage, including covenants to per when due the sumo secured by this Mortgage, the Mange shall
<br />be entitled, at its sole option and without notice, to declare all sums secured by this Mortgage.to be isomdiatety duo and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, Provided further, shut upon omb
<br />detiaolt the Nestpagae, or a receiver appointed by a court, mq at Ila option and without regard to the of the
<br />adequacy
<br />security, enter upon and takt.powneston of the Propertya nd coUeat the rents, issues and profits therefrom and apply Una
<br />Aft to the cost of eolleetloa land operation of the r"erty and then upon the Indebtedness secured by
<br />this Nastpagel;,
<br />add rents, issam,and profits :being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />secured hereby;:
<br />10. TYa4>itiar of Prr#pey. It an or any part of the Property Is sold or transferred without the e
<br />raft of the 1100 gAlee, Mortgagee May at Its sole rcpte�lrwrittea cea-
<br />: acd payable. .. optics, declare all sums aecur+ed by this Mortgage to M isuiniediately due
<br />11. Patin Advances. Upon request of Mortgagor, M
<br />orfpgee may make addlUmA and tttute advances t&
<br />U*rtgagor. Such advances, with interest thereon, shall be secured by this Mot*ge when evIdenced by promissory notes
<br />stating that said notes are:secured hereby. At no time shall the pftdpd amount at the indebUdnesl secured by this
<br />Mortgage, not including sums advanced to protect the security of this Nottgop. exceed the
<br />+". olgtnil Note.
<br />12. Mini dlaneous Ptevidons.
<br />(a) Any forebearance In exercising any right: or remedy shall not be a waiver thereof
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exercised concurrently, independently or successively.
<br />(c) The covenants and agreements contained herein shall bind, and the rights inure to,_the reepec "__ _
<br />- -
<br />-wcav : orssn astpreor the D+loltgigortlTd them artpiee:- — -- — - — - -- - - -- - - -- - - - -- -- -- - - - -- -- --
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />(c) The he ding of the p��aaphs of ibis Mortgage ate for convenience only and vitals not be used to Inter-
<br />pret or deflue the provisions hereof.
<br />18. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge *this Mortgage and
<br />shall execute and deliver a satisfactory release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the 23 day of June
<br />`n f% ..n n _ .A
<br />Gilbert G. Manni n6 aono..r.
<br />i--i�a C. Manning Borrow"
<br />State of Nebraska, -- Hall County ss:
<br />On this 23 day of June 19. BA , before me, the undersigned, a . .. gn , Notary Public
<br />duly commissioned and qualified for said county, personally came Gilbert G. Manning and
<br />Linda C. Manning , to age known to be the
<br />identical Perm(s) whose name($) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />to be their voluntary act and deed.
<br />Witness my hand and notarial seal au
<br />date aforesaid.
<br />Mg.ommisdon expires:
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