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<br /> 7, C,ondemnatton. In tho event the Pxoperty,or nny part thoreot,:,ha116e taken by e�ninent domain�the Mo�agee� --
<br /> la empowere�to collect und receive atl compensetlon whtch may 6o paid top any pro{serty taken or for damageE to pxoperty l�'=
<br /> not tsken,and Mortgagce shall�pply such compens�tlon,at l�s optton,either to a reductlon of the Indebtodness cecured , �;ry•.
<br /> hereby or to xepalr and restore tho proporty eo dama�ed. ,�•j:,'
<br /> 8. Per[orm�nca by hiort�a�eo. Mortgngeo mey.but ehall heve no oblig�ticcn,to do eny act whlch tha Mort��gor �-�
<br /> hu �areed bnt tult to do�and Mort�ugeo may also do eny oct it aeeuu uece:�iy io prote�t ti�o ntcn iue:of.P.1ort;a,o4 '�-
<br /> �eea to repay.upon demand,wny cuns so eapc+nded by tho hiortqa�ue tor tRe�bove purposes,nnd sny sums so expended �
<br /> by tho Mortgeqeo ehnll be tdded to the indobtednesa secured hereby end becomo eub�ect to tha Ilen bereoL Mort�agee ,..�
<br /> ehtll no2 fncur Rny persanal Il�btllty Ees�use oi�nything It n��y do or omit to do horeundcr. +`*
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<br /> � 9. Qet�ult;Aa+�lQnment of Rente. 7Yme I�of tha es�e�ce herco[��nd upon MottQ�Qar'a detault in Rny covennnt �
<br /> � or��reomeut ot thle Martgxge,including caven�nt�Io p�y whun duo tho ium�tiecured Ay thle Mo:tqa�e,thoMor�ga:�ee shnll �
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<br /> � bo endtled.�t Ite so►o aption and wfthaut nutico,to AQC1eea sll cuma c:curcd by Ihl�Mort��eo to bo Immediet�I�• tue end �' „�_�
<br /> p�y�ble �nd m�y com►nenca tareclwure of thls Mnrt��e by Ju�lclsl prnceedlnWo;�nd,provlded[urther�tli�t upon Ruch Y :a
<br /> dehult tho Mortg��eo, or�nrcelti�er tppolntad by e court,m�y N6 Ita optlnn�nd wlthout re�rd to the adequaey of the •.
<br /> �ecurlty,onter��pon�nd taku pnue�luii of the Prnperty�nd collect th�rentc.Iwues�nd prptlt++therehom and�pply tt�em
<br /> flne to tho cat at collectton �nd operRllon of tha Prnperty�nd then�pon the indebtednea�eecnred by thl�Mortga�ee; ':�.��
<br /> u�ld ronta, te�uc�nnd protlte betng ual�ned to tho MortQ��ee iu furtAee kcurity tor the p�y�nent o!the Indebtednesa _.;�,,,.;�ti_;,,�,
<br /> eecurod hcroDy. �n� -=�-'
<br /> �
<br /> 10. 7`uneter ot Pruperty. If all ar rny ptrt ot the t'�operty le sold or tr�naferr�d wfti►out CL�e expreas�:ittan con- ' .•�';';�,'_
<br /> sent ot the blott a �o, Morc agee m� at fts sofe o tion,decluo aU sums cecured by thla Mort�age to be Immediately duu •^�*�-•��
<br /> B B' g Y P •+:�r,��.-'
<br /> end payeble. .� .:'.'�
<br /> 11. bLture Advances. Upon mquest ot MortQtQor, Mottgngee m�y mske �dditlonxl and future advmces to y�rr s,.sa�_ --
<br /> Mortgago:. Such advances,with lnterest thereon,shall be secured by thts Mortgage when evidenced by promissory notea "�`��!-
<br /> �, - .:�--
<br /> stating thet eafd notes ere secured hereby. At no time shall the princip�l amount of the indebtedness secuied by thls ,��._,.. �=
<br /> Mortgage,not Including aums advanced to protect the securlty of thls Mortgege,exceed the orlglaal Note. .'•r�;':_
<br /> 12. bflscellmeoue Provisions. � -
<br /> (e) Any tarebearance tn exercisfng eny rlght oi remedy shell not be a wafver theceot.
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<br /> 4�� ��a������o g�iqg�3 �;�m3� ���}n�r ��1�!�m�dativo to any other rl¢ht af[orded bv law or equlty. �,�:a�
<br /> end may be exercised concurrently,independently or successively. �
<br /> (c) 'i9ie covenanta txnd agreements contatned herein shall bSnd, end the righta inure to� the respective .f� •,c.
<br /> successore and assigns of the Mortgagor and the Mortgagee. �
<br /> (d) All cavenants e�-fd ngreements of the Mortgagor are jolnt and aeverel, � !�
<br /> .
<br /> (e) 49�E nead►ngs of the paregraphs of this Mortgage are tor conven[ence only and shall not be used to[ntet- ��i.�
<br /> pret or define the provtstons hereoL �
<br /> 13. Release. Upon payment of all sums secured by this Mortgage,Mortgagee ehull discheYge thts Mortgoge en9 " 'y '°' '
<br /> shnll execute nnd deltver a satisfactory release thernfor. , ��r
<br /> IN�1'ITNTSS WHEREOF,Mortgagor hss executed this Mortgage on the 15ti�ay of December �lg 94, "�'��
<br /> ��'�"!'!r:
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<br /> - c � ammer sonoW�r•
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<br /> n, e arnmert sonow�r I � �;
<br /> 3tate of Nebreska, kla�� County ss: I ��• ,.
<br /> ` On this��_day ot DeCember^ 19 9 4- betore me,the undersigned,a Notary Public
<br /> duly commisstoned and qualified for said county,personally came �rtr L. LammeYt & Angle I
<br /> Lammert, husband and wife _ , �o me known to be the �,
<br /> Identica! petson(s) whose name(s) are subscribed to the foregotng tnsttument and acknowledged the execution thereot ;
<br /> fo be_thelt' voluntary act and deed. ,
<br /> �Vttncss my hnnd and notadal seal nt Cr'and Island, Nebraska fn snid county,the
<br /> date aforesaid.
<br /> My Cnm fssion ex , _ � . c:.�Cre�,..�{�a..��-�
<br /> R GEKEflAI r01AAY•Sull�1 llltml� Notnry 1'ubllc
<br /> i� JODY L E�ERHARDT
<br /> , e��"�,tay Comm.Exp.lub 28�1995 a C�
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