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<br /> 7. Condemnxtlon. IntheoventthePraperty.or�u►ypertthereot,ahtllbot�ken�iycm�incnCtton�dn�thol�T-oY�tQeo --
<br /> Is ornp�owered W eollectuid recolva�11 compens�tlon whtsh m�y bo paid tor eny prnpecty t�ken or[or dam�n to property `°���';c�i�''==�
<br /> not ta3cen,end Mott�sgee ehell Apply euch compenoatlon��t lta optfon,elther to a roduetlun of fh�Indobtedn4s�accured ',`� �� �`� �
<br /> m•:
<br /> h�rnby or to�epair�nd netore the propenty�a danueed. �"'�„-M.� �-�.,.:
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<br /> 8. FecYo�r��is�ice�,y&1o:�a�c�.IiOii,gi�28 ii7➢y�T�lUC 6I1GII�i�.3 fi0 O::I{�:ilai�,tu do ar.y c�2�;hlsfi 4t::i.'a::*:;ur � _ -_.-` °-
<br /> , . haa tgreed but f�11�to do.and Mort��auy�lso do aay�ct It dc�r�u necewry to pmt�ect the Ilen bereot.Mort�ror �'��__
<br /> �ees to zep�y,upon demsnd,any cvma ao expended by th�Mort�a�for ths�bovn purpoees,md any�unu ao expartdsd - ---
<br /> by the 14Eort��Qeo sh�ll be �dded Co ttu i�debtednes�secured hereAy�nd becoma�ubkct to the lten hercof. Moxtg�gee �Y�,'c%�~"�'�----
<br /> shtll aot incur�ny pe�onal Uobility bccause of anything it may da or omit ta dv hcreundor. •'='=-_--
<br /> t'Y'T`��:W�-=�
<br /> 9. Det�ult;Ae�t�ment ot Aents. Tlma is of the essence henof,tnd upon Moxt���nr'B def�ult in�ny cuvenmt �>�_��--
<br /> or�reeniefit of thls Mortga�e,includluQ covenants to pay When duc the autne e.:.cured by thW ItSost�e�lheMortp,?,q�e eh�l! ��'""�"�'_
<br /> .�,.=_—,
<br /> be entitled.at its sole optton end without notice,to decltte tll eums eecuted by thid Mortatre to bu immedittxly due�nd =---
<br /> psyable ead m�y commenca[oreciosura a1 tbts Morteage by fudlcta proeeedinyc;�nd,pmvided further�th�t upon�uch �?�!��°�—__
<br /> def�Wt tho Mortg�Qee,or a re�elvor appolnted by a wurt�mAy�t ita optton and without re�trd tu the adeau�cy of thr. ---
<br /> aecudty,enter upon and tai�e possessfon of the Proparty and collect the rentc.tuuea tnd profiq therettom utd appiy them --_____
<br /> drat to the cost�collection nnd ogeratton of the Prape:ty end then upon the lndebtedr.eas cecured by!ht�Mo:t�e;ee; =-----
<br /> - e�id rents,luues tnd profita betng acsigned to the MortgQ�ee aa further kcurlty tor tde p�ymeat of the Indebtedness --�
<br /> secured heieby. — _ _
<br /> 10. Tru►sfer of Property. I[ell or any part of the Froperty is sold or trcnaferred without the expreso wHiten con• -
<br /> sent af the Mortgage�,Mortgagee mny et its sole optton�declnre all sums szcvred!ny thta Mort�eYe to be ImmedletEly due
<br /> end payable. ,__-
<br /> 13. I�'uture P.dvancea. Upon request of Mortgagor, Mortgagee msy make additional and future advances to �'�;:�„--
<br /> Mortgago:.Such advances�wtth intetest thereon,shaU he secured by thi�Mortgage when evldenced by promissory notes � �= �—�—
<br /> ststing that s�id notes ere secured hereAy. At no time shsil the pzlnciptl amount of tl�e tadebtedness secuied by thla `'}`.yY _
<br /> Mortgege,not including sums advanced to pmtect the secudty of tdis Mortgage,eaceed the orl�iatl Note. �
<br /> 12. Miscelluieous Provislona. ' •
<br /> (a) Aay torebearauce in exe:cising any rlgt►t or temedy shell not be a walver thereof. `'ti`�
<br /> (b) All remedies provided herein are dlstlnct rnd cumulstive to nny other right attorded by law or equlry. � '°{�=-
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<br /> and may be exereised concurrently,Independently or successively.
<br /> (c) '17�e covonenGs and agreements contained herein ehall bind, and the drhts Inure to, the respective �,��--
<br /> successors and es,lgns of the Mortgagor end the Mortgagee. ' ---
<br /> (d) All covenents and agreemonts of the Mortgagor are jotnt end several. ___
<br /> (e) 'itre headings of the purngraphs of thts Mortgage nrP 4or convenlence oy�ly and shall not be used to Inter• "'��
<br /> pret or detine the provistons F�ereof. �����°
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<br /> 13. Relesse. Upon payment ot all sums secured by thts Mortgege,Mortgagee shall dlecharge this Mortgege and � ��� %•�� '_•
<br /> � ehell execute aad deliver a sadstactorv relense therefor. � .p;�t-�°`�-
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<br /> IN WITNESS WH�REOI',Mort�agor hes executed Lhis Mortgage on theL�.t1L day of necemher ,1�Q_, , Y -�,-=; ,
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<br /> � a t . car orou ao�oW�:• .
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<br /> (Tammy R. arborough) sO1�ON1�: .
<br /> �St�te of Nebnska, Hal l Couuty ss: •�,
<br /> On thts.��3_day ot DQCember , 19�4,betore me, the undersigned,a Not�uy Public
<br /> duly commtssfoned end qunllfied tor said county,personally came Martin R. Scarborough and Tammy R._
<br /> Scarborough, Husband and Wife I •
<br /> , to me known to be the
<br /> Identfr,ul person(s)whose name(c) aze aubscrlbed to the foregpfng Instrument and acknowledged the execution thernof �
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<br /> W be���'ix voluntary act and deed. �
<br /> �Vitneas my hand and notadal senl at Cran I41and^Nebra ska In sai8 county,thc I .
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<br /> datc etornsald. �
<br /> My Comrnission expfres: . �(�Q I
<br /> ' p�GE�iEMlM6iAAY�SNt�o1N1Et�1te Notnry Publlo� (�
<br /> I�YM IYi0ELR0Y ���\'�`
<br /> �d W�lu�Gr tYW�� \—� I
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<br /> (Sy�eo Belo�v'i'h1s LWO Acsorvcd 4or Lea�ernnd Recorder)
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