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88- 102820 5" \ MOr.:t~age~ may, but shall have no obligation, to do any act which tt\e.-<Mor,~gagor"ha:s,agreed but failfi! to dOt and Mortgagee may "lRo do an:r act it deems necessary to pl'otect the lien hereof. Mortgagor a~rees to repay, upon demandt any sums so expended by the Mortgagee for the abo.Je purposes, and any sums so expended by the tvlortgageeshall be added to the indebtedness' secured hereby and become subject to the lien hereof. Mortgagee shall not inC\lr "ny personal liability because of anything it maj' do or omit to do hereunder, 6. Time is the essence hereof, and upon Mortgagor's default in any convenant or agreement of this Mortgage, including covenants to pay, when due the sums secured by this Mortgage, the Mortgagee shall be entitled, at its sole option and without notice, to declare all sums, secured by this t-lortgage to be immediately due and payable and may commence foreclosure of this I>lort.gage by judicial proceedings; an.d, provided further, that upon such default the Mortgagee, or Ii receiver appointed by a court, may at. its option and without regard to. the adequacy of the security, enter upon and tal,e possession of the Property and collect the rents, issues and profits therefrom and apply them fil.'5t to the coat of collection f.tnd operation of the Property and then upon the indebtedness secured by this Mortgage; said rents, issues and profits being assigned to the Mortgagee us further security for the payment of the irldebtedness secured hereby. 7, If all or any part of the property is sold or transferred without the express written consent of the Mortgagee, t-1ortgagee may at It I> sole option, declare all sums secured by this Mortgage to be immediately due and pa:\rable. 8. Any forbearance in exercising Ilny l'ight or remedy shall not be a waiver thereof. 9. An remedies provided herein are distinct and cumulative to any othel.' right afforded by law or (~quity, and may be exercised concurrently, independently or successively. 10. The convenants and agreements contained herein shall bind, and all rights inure to, the respective successors and assigns of the Mortgagor and the Mortgagee, 11. All convenants and agreements of the !>lortgagor and the Mortgagee are joint and several. 12. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shall execute and delivel' a satisfactory release therefor. r- IN WITNESS WHEREOF, Mortgagor has cl\ecllted this ~Iortgage on the Z1 day of ~ "I ' 1988. !JJd~ Wil~iS J. . >>. J)~~~- Darlene M. Roth STA'l'E Ol" NlmRASKA, COUNTY OF .~_,_: The foregoing instrument was acknowledged before me this _Illi'~ct~, by WIt,LIS J. UOTII and DARLENE M. RO'Y'H, husband and wife. --"!'............. . DClIII'H't J.~ IrGlll& -........ _ ,/,/)" ~\ (0 P . \ ~*~;:l~1tLl~6t"'J'L[( .;;2.,..