90106318 - Laserfiche WebLink

Browse

?f�� s S C. ➢:;- UI'�ir -1n; v,.1�4 {1 �r: rE1L_, .� - -_ { -uui, - -- - - - - --- ...r.'r. ",r:, I+r rt)rr} +i- re�tlj.., 01 tr TAr 7. Coniwaat" Ire the event the lroperty,orany part thereof. shall be taken by eminent domain.the Mortgagee Is empowered to Collect sad receive all coespenatim which may be paid tot any property taken or for damages to property not taken, and Mortgagee shall spply such eompmsation, at Its option, either to a reduction of the Indebtedness secured bereby at to repalr and restore the property so damapd- it Fafonuaeee by Mortgagee. kloetp pe may, but shall have no obligation, to do any act which the Mortgagor bas agreed but trio to do. and Mortgagee may also do any act It deems necessary to protect the Ilea hereof. Mortgagor agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and any aura to expended by the Nortpgee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee ,hall not moils any petsonal llablllty, bectine of anything it may do or omit to do hereunder. S. Default; Asslprment: of AMI& Tlme is of the essence hereof, end upon Mortgagor's default in any covenant or.ag)e((mentof this Mortpie.inciuding covenants to pay when due the sums secured by this klortgege, the 7,tor411900 shell be trtitIO4 at its sole .1ption sad wlWo,A notice, to declare all sums rercarad by this Mortgage to be immediately duo and V *UNC ad may commence r0=10are. of t bB Mortgage by judicial proceedings: and i.+tmxkd" GbrGbei. Ghat 000M aVQh . Oat wdt 00 W(oxP0w. or a tecellrer eppaMUd by +a (oases„ MW at its option earls) without regard trm the adeeguacy 0 be tg*, emter wipes and tape pus ion of able ftoiaerty nmaB �an9Qeut the seats, issusa and profits there>dam and apply? t�heEm Hirst to the cat of coUeetian and operation of the lmVityr and then upon the indebtedness secured by this Mortgagee; said rents, Issues and pwtiu being assigned to the Mortgagee as further security for the paytoent of the indebtedness secured hereby. 10. Tmder of Atoperty. It all or any put of the hoperty Is sold or transferred without the express written con- not of the Mortgagee. Mortgagee may at its We option. declare all surf secured by this Moripp to be Immediately due and payable. 11. ihstran Adontw. Upon request of Mortgagor. Mortgagee MAY awake additional and future advances to Mortgagor. Sub advances. with Interest thereon. shall be secured by thN Mortgap when evidenced by promissory notes stating that said notes are secured hereby. At no Iron, shall the principal amount of the Indebtedness secured by this 1&~. not Iueluding surer advanced to protect the seoudty, era this Mortpp. exceed the original Note. IL Miscellaneous FmIllom. (a) Any tombearme in exercising any right or remedy shall not be a waiver thereof. (b) AD 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) 7be covenants and agreements contained herein shall bind, and the rights inure to, the respective successors and assigns of the Mortgagor and the Mortgagee. (d) pq cove.-mts �md agrrc: gents of the Mortgagor a:', join: And fie i'rt d. (e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter- ,rot or define the provisions hereof. 19. Release. Upon payment of all sums secured by this Mortgage. Mortgagee shall discharge this Mortgage and sbali execute and deliver a satisfactory release therefor. IN W17NESS WHEREOF. Mortgagor has executed this Mortgage on the-13— day of October ,19.20. L. (Ric . Da so - Borrower lrlckl J. Da Zson ) S�trotrer State of Nebresks, Hall County ss: 17th' day of October 19.99 before me, the undersigned. a Notary Public duly commissioned and qualified for said county, personaP.y came Ryky -Q' - Un ° 1- son & Vicki J_ Davison, husband and wife , to me known to be the Identical person(s) whose nsme(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and notarial seal at Grand Island. Nebraska in said county, the date aforesaid. �f,�►awirrirr 1 My Commission expires: �kk �yRA ax WOMLftfta Notary Public (spice Below Tbis3ine Ft ex ed or lndera and Recorder) . n F F� r cDn VC `+ 4 D \403 2180. L (: G 2 cm�' a P. : t 1 i, i. F G m j l