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<br />, .' 7, ,(lol\cIe~tlon. ~ the event the Propemr, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is eQlP~w.~fll;~!"A,:Illo'I~~~.~d.;n;~I~eaU compensation which may be paid for any property taken or for damages to property
<br />no~tak~Ij,' agd~ Mortgagi1e. Bh!lll ,apply such compensation, at Ita option, either to a reduction of the inclebtednl!Sll secured
<br />hereby ciito i.'ePair~d.re&toWttie property &0 damaged.
<br />
<br />B.Perforrnll111'" 1:~' Mortgagee. MOrtgagee may, bu~ shall have no obligation, to do any act which the Mortpaor
<br />has agreed but fans to . ,,', I!....r;.. Mortgigee may also do any act It deems n8Cll88llJy to protect the lien bereof, Mortgagor
<br />agrees to repay, upon de~dtlinyilulil&110 eXp8ndedby the Mortgagee for the above pUrposes,and any SUD18 &Onp8ncled
<br />by the, Mo~e""ml b,e-adc1~. ~ tbeind8bttldnei& secured hereby and become subject to the lien h9re0t. Mortgagee
<br />sh.a1l not Incur'any:penona1liabllitybecause of anything It may do OJ! omit todohereuncler.
<br />
<br />. 9, Default; AssIgmnent of Rent&. Time Is of the essenee hereo', ~upon Mortpgol's default In any covenant
<br />or agreement of this Mortgage, including covenants to pay wnen due the SUD18 iecured by this Mortgqe. theMoItJaIee eau
<br />be entitled, at Its sole option and Wltbout notice, to declare all sulDi secured by this Mortgage.to be immediately due JlDd
<br />payable and may commence foreclosul'l' of thIS Mortgage by juillclal proceediDlIII; and, provided fwther. that uJlOD IUCh
<br />c1erault the Mortgagee, or a receiver appointed by a court, may at its option and without ftgard to the ad8quIq oUIIe
<br />securI&y'. enter upon and take poasess!C)D of the Property and collect the rents, Issues and profits therefrom and IpJIIJ them
<br />DllIt to the C06t of collection and opentlon of the Property and then upon the lncIebtedness IlC!eIIIed by this MGdppe;
<br />said rents, luues and profita being wiped to the Mortgagee 88 further securi&y' for the payment of the Inde!Jtedol-
<br />secured hereby.
<br />
<br />10. TruIIfer of Property. If all or any part of the Property Is &Old or tnnsferred without the expraI wriUea COlI-
<br />sent of the Mortgqetl, Mortgqee may at its BOle option, declare a1lsUDl8.seeured by tbls Mortpge to be immedlateIy due
<br />and payable,
<br />
<br />11. Future Advancea. Upon requlllt of Mortpgor, Mortpaee may make additional and future ad_ to
<br />MortPlOr. Such advances, with interest thereon, sha1I be secured by this Mortpge when eYldeDced by plOIDisIaIy DCMes
<br />statlni that said noles are secured heftby, At no time shall lbe principal IJDOWIt of the lndebtedllea IIeCIIred bi this
<br />Mortpce, not including sums Idvanced to protect the security of tbls Mottpp. exceed the orI&Ina1 Note.
<br />
<br />12. MlseelIaneou ProYisIODL
<br />
<br />(I) Any fombearlllce In exerc\sllll any r1pt or remedy sba1l not be II .aiver thereof.
<br />
<br />All ftmedles provided herein are dlsLiJ1c:t and cumuJatlft to any other ri&bt afforded by Ia. or eqaitJ.
<br />and may be exerdsed concurrently. Independently or8UCCel8lnly.
<br />
<br />'Jbe covenants and apeements contained henID sba1l bIDcl. and the ripta blUR! to, die ftIP8dIw
<br />SUClCle880IlI and usIps of the Mortcalor and the MOJtIIIIe.
<br />
<br />(d) All _ta and qreemeata of tbe MortpCor an joint and -..I.
<br />
<br />(e)
<br />
<br />(b)
<br />
<br />'Jbe headinp of the panpaphs of dill Mortp&e are tor coanm- only and sballlIOt be ..s to lIder-
<br />p~t or ddn. lb. provIllonl h.mJf.
<br />
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<br />13. a.... UpoIII payment of all sums secured by this Mori&aIe. IIortIIIee sbaII tIIacbaItt dab KadIIIe _d . '"
<br />sba1l nec:ute and deliftr a IIUsfactory m- therefor, ~
<br />
<br />IN YIrrN""'WHEar.or._...~L"''' ~.D. ...lIL ~
<br />
<br />
<br />
<br />~UB ell L; Davi,. - i
<br />_~."J ~~.s _
<br />C thia H. Davis - ~
<br />Hall ~ ~
<br />Stat. of NeIaIb, County .: ~ ~
<br />
<br />On tbls day of .Tnn.. 19~ before me, the undeniaMd, a NoWy I'lIbIlC! ~ ~~
<br />
<br />duly commlssloned and qaallfled for said county, penoaally came Russell L. Davis and \'1 1'0.,.'
<br />
<br />Cynthia H. Davis , to .. IlaowIllAl be dIe.(),,\ :~
<br />Identical penon(s) .mOM 1IIIM(s) are subscribed to th. rorqolllllnstnament and actnowtCldpd the nec:uUon thereof. '~ ~ ~
<br />
<br />to be their voluntary act and deed. ~ ~ '1\
<br />
<br />Wltn_ my hand and notarlal.1I It la said COUDty. tbe1 ~i
<br />date afON8lld. '. - '''~1
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