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<br /> 7. Cnndema�zsfon. Ia thoecent tho Fropeny,or any pnrt Qhr.reof,st�AU bo taken by cmtnent dom�ln,the Biortr�geo 1 � • _
<br /> U empnwered tu colicet rr►d receive dl cnmpensatlan wh[ch m�y b�e p�id tor ez�y prnperty tnken or tor dam��ea to p:aperty � „
<br /> not taken,�1d Mart�gee ahell�pp9y such compens�tlon,�t fte optton,elth�r ta�ruAustton ot tho Indebtediie�a securcd �
<br /> • h�r�by or to rep�lt�nd restore the pxapetty�o danuted. �
<br /> p, Pe�[��rnaice hy Mort�tste.Mottgagec m�y.but sh�ll htve no obligttlon,to do any�ct Nhich the Mnrt���or „ �V
<br /> " pu��Seed buL t�it�W 80,an,�.Morte/�ce m�y aiw do any aet it deems necac:ary to protece fhe Uen i�c:ccit.t.Sozt�:;ot � -
<br /> ��eta ta repay.upon dem�nd,�ny tunn so expr.ndcd by the Mort�trce tov the aDova purgocea.�nd my tums w expended �
<br /> by the Mort�a�ee eh�li be added to the indebtedness setutced hexeby�nd bccame Rub�ect to the Ilen hereof.Mortrtaee ` .--
<br /> �� ehMl nut lncur�ny peeson�l Iitblilty bec�use of�nythtng It aeay do or on�lt to do hemunder. _�
<br /> 9. IDet�ult;Arirnmeet ot Kmte. 'Pime i�ot the essence hereof.tnd upon MortYrgor't detzult In�ny covenxnt ���--
<br /> or e�eemen!ot thb Mortg�e,fneludlna covenanta to pay Whon due the euma secumd by thts Mort�µge�tt►el�'[ort�ee shdl =.
<br /> ba entftie(l,�t(t��de optlon ond wlthout notico.to Aecl�ro aU Ruma cecured by th{s�iort���to M'lm�Pd�l�n�tL�u�n ch : ;A;,,
<br /> p�y�ble�nd m�y cvN�m�nce torecloaun of thls Mongage by judid�l proceedin�O;and�provided[urther� _
<br /> def�ult the Mort��ee.or a rerefver�ppolnted by�court,miy at It�option az�d withou!reprd to the�dequicy otthe ��:.
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<br /> �ecurity,enter upon�nd take pocsesdou of the Property and collect tho renta,ls�ua and profits thxre[rom�nd apply Ohem , �.
<br /> Iirst to the crost of collect!on and�penNon of the PropeYty md then upon the Indebtodnezs�euted by thls Morte�Qee; ,
<br /> aid renta,luuts md pmAto belne ssclQned to tha Mort�agee au tuirtAer�ecurity tor the paymeat of the Indebicdness , ��
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<br /> secured heieby. �
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<br /> !0.'Pnnster of Pcoperty. It all o:any pari oi the Fto�erty te sold or tsansferced withouL ti►e ex�s.a�b.ritten een• � •• ; • ,� -
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<br /> cent af the MottQ,t�ee.Mort��ee m�y�t!ts sole optlon,decluc all surtta secuted by thts Mort�ge to be Immediately due • N tiyr-,,,.._;-
<br /> And pay�ble. ' ""�µ' �;'
<br /> li. FuWn� Advances. Upon request ot Mortgago:, Mortyagee m�y m�ke �dditiond and [utura rdvances to , + Y
<br /> • MortQ��or.3uch advances,with lntemst thereon.shtll be secured by thts Mortgoge when evtdenced by promissory notes ', }r_
<br /> Martey�e anot Includ ng ums�dv�nced to prote t tho`secudty of this Mortg ge,exceed the orlginal NoteSS��uied by this ` :._
<br /> 12. Miscelimeouo Provtstona. ;.''�� ,
<br /> (�) Any[orebearance M exerclsing any right o:remedy shall not 6e a wtiver themof. ;q�,�j�`�_—
<br /> - � - - � (b) Atl remetites provided hercin anr di�ii�«.:n��:�ssul=i..'�Sc�+ ^!1'-°T�!:hc a(forded by lew or epaity, �`•'_�_^_
<br /> tnd msy be exetetsed;.wncurrently,Independently or successively. �'
<br /> (c) 'l�e covenanta and igreementa contatned herefn chall b1nd, nnd the dghts Inure to, the respective ' � ;;I
<br /> successots tnd�sslgns ot tAc Mortg�gor end the Mortga�ee.
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<br /> (d) All covemnts end ag�eements ot the Mortaegor a�c joint end several. • �
<br /> � hs ot thfs MortQage aro tor wnventonce only�nd shdl not be used to inter- �i�-
<br /> (e) 'Iho hendtngs ot the pangrap :` �_.
<br /> pret or deAne ttie proviatons heteot. - �
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<br /> 19. Releise. Upon p�yment of all sums secured by this hiurtQaQe, MortgaQee shall dlschu�e this Mottgege �nd
<br /> �!::11 exc�::i:ana d�!ivcr�s:t!e[sc:ozy re!^se�!hc::to:. �i
<br /> W WITNESS WHEREOF.Mortgagor hes executed this Mortgnge on the�SS�ey ot.�2x[Yl�L.19 94 • ��;;>>\�.� _
<br /> � c� w , y'
<br /> ,,.., d.�� ���?-
<br /> . � Bonow�r• . -y
<br /> - (John D. Gericke)
<br /> ' �/1/.C�O—J ��1�..
<br /> ' ' (f'atricia A. Gericke) Dorrowcr f :
<br /> ,. .
<br /> State ot Ne6rasta, —N��� . ..— CAUnty cs: `
<br /> � � .
<br /> `� � On this�.atlt_�day o[ Novemher . 19�,betom tne,the under�igned,a NotaYy Publlc ` ` ,•tl
<br /> � lohn [l Ce�ek� ��+� Pntricin A._ `
<br /> duly commLssloned and quditied tor said counry,petsonally came — - , �
<br /> . _ ic{ce„�__{��!���-;�_�:�� w[fe , to me known to be the '
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<br /> ' tdenttcal pe�son(s) whoso nsme(s) ue subsedbeA tu the toregoing Instcument end acknowleciged the executfon thereot
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<br /> to be�P.�r va�luapry oct utd deed. '
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<br /> • Witncss my hand and noteNtl scal�t�+�:..'� �°�"°'� ti^hraa4Ra _,� In safd caunty,the
<br /> cLtte domsald. •
<br /> -' 111yr Comml.sslon cxplms: . , �p�J,f��, ��� ����
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<br /> , NotuY Public
<br /> �61�M60EYM 1k�tA0Y� ° +4
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<br /> -"--- — ---��- Q ��� ����'�� --=�ce IItlow'I�U Ltne RestrvM For LendR and nRV.a�.: -
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<br /> NIIC 10681ND 303 3160 I
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