|
<br />T. Condemnation. In the event the Property, or any put thereof, shall be taken by eminent domain, the Mortppe
<br />Is empowered to collect and receive all compensation which may be pald for any propt'rty taken or for dama8e& to property
<br />!lot taken, .....& Monppe lhall apply IUch compensation, at itll option, either to a reduction of the indebtedn.. aecund
<br />il;;.~by or to repair and restore the property 10 cJamqed.
<br />
<br />8. .PerforllllllC8 by Mortppe. Mortpgeemay, but sball bave no obliption, to do any act wbich the Mortwor
<br />..., ~. b~,tf~ to do, a.nd Mortgagee mll)" also do any act it deems neceaaary to p'rotect the nen benof. Mortplor
<br />agrees ton~Yi upon demand, any IUms 10 expended by the Mortgagee for the above pUrpolll, and any SUIDII aoupended
<br />by the Mortppe shall be added to the Indebtedneu secured hereby and become subject to the lien hereof. Mortgqle
<br />shall not Incur any personal IIcLWty because of anything It may do or omit to do henundel.
<br />
<br />9. Qe{aultj Aadgnment of Rents. Time Is of the essence hereof, and upon MortPlor's default III an)' COftIWlt
<br />or agreement of thla Mortpp, Including covenanta to pay when due the sums secured by this MortaQe, the Mort.....1haII
<br />be entitled, at Ita sole option and without notice, to declue allsuma secured by thla Mortpp ,to be ImmedlateJy due and
<br />peymle and may commence fon:clOGure of this Mortpp by judiclalproeeedinp; and, provided further, that uponauch
<br />default the Mortgagee, or a receiver appointed by a court, may at Ita option and without reprd to the adequaey of the
<br />Ilcur1ty, enter upon and take poueulon of the Property and collect the renta, lsIIutland prollts therettom and apply lbem
<br />lint to the COlt of collection and operation of the Property imd then upon the Indebtedn.. secured by this MOI'tPIN;
<br />aid renta, Issues and profits being ..Igned to. the Mortpgee as further security for the payment of the Indebtedn..
<br />secured hereby.
<br />
<br />10. Transfer of Property. U all or any part of the Property Is sold or transferred without the e~ written con-
<br />sent of the Mortppe, Mortppe may at Ita sole option, declue all sums ,secured by this MoJtgqe to be ImmedlateJy due
<br />IDd payable.
<br />
<br />11. Future Advances. Upon request of Mortpgor, Mortpgee may make additional and future adflllCtl to
<br />Mortgagor. Such advances, with Interest thereon, shall be secured by this MoJtgqe when evidenced by promlslOry notes
<br />stating that said notes ue secured hereby. At no time shall the principal amount of the Indebtedn.. aecurecJ bY UIIa
<br />Mortpp, not Including sUlDlladvanced to protect the security of this MortPle, ellceed the orillnal Nota.
<br />
<br />12. MiIeellanlOua PnmsIOIII.
<br />
<br />(a) Any forebearance In exen:lslng any right or remedy shall not be a walver thereof.
<br />
<br />(b) All remedies provided herein ue distinct and cumulative to any other r1llht afforded by Ja. or equity,
<br />and may be eserdsed concurrently, Independently orsuc:cesslvely.
<br />
<br />(c) 'I1te coYenan'" and agreementa contained herein shall bind, and the rith... Inura to, the ..peetiw
<br />suc:cesaon and asslllJll of the Mortpgor and the Mortpl".
<br />
<br />(d) All coyenanta and agreementa of the Morttalor ue joint and leven!.
<br />
<br />(e) 'I1te headinp of the parall1'lpha of thll MortPI' are for convenience only and IhaII ncR be uaed to iDter.
<br />pret or define the provlaiODl hereof.
<br />
<br />13. Releue. Upon payment of all sums secured by this Mortpge, MortPl" shall cIiIcIwp' thIi Mortpp ad
<br />shall ueeute and dellter a satlafactol'Y mlease therefor.
<br />
<br />IN WITNESS WHEREOF, Mortgagor hu executed this Mortgqe on the ~y of
<br />
<br />~~u...~ ~~
<br />
<br />Robert D. Sliva ,
<br />
<br />7&<>1# <:d ~...,.<
<br />Nancy . sl1 va
<br />County a:
<br />
<br />,19.aa...
<br />
<br />J'U:19
<br />
<br />-..0...
<br />
<br />.......
<br />
<br />8tata of N.braIb,
<br />
<br />Hl'I11
<br />
<br />On this
<br />
<br />1 lith day of
<br />
<br />19~, before me, the undenlptd. a Notary Pllbllc
<br />
<br />.Tn".:.
<br />
<br />~
<br />o
<br />--
<br />f:
<br />J
<br />
<br />--
<br />....
<br />
<br />
<br />?iiJ~ ,~~
<br />r-i . ~:; ':1*_
<br />_ ..... b...
<br />
<br />
<br />)1 1.~ll~3'
<br />gr': 0 ;ji! ,1 --
<br />,- '......
<br />f) C'J
<br />
<br />'I)
<br />I;
<br />, c:"
<br />!\ lJ
<br />r'..... ;.'1 n
<br />\ >t
<br />'- \:',
<br />
<br />"I
<br />
<br />....-
<br />:S
<br />-;,
<br />CQ
<br />C>:)
<br />~
<br />
<br />Mile 10M IMD lIOI 1/141
<br />
<br />
<br />
<br />,
<br />
|