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<br />1. CondellUla~n. .In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered tocolleCtand~ive all ColJlpensation which ID8Y be paid for any property taken or for damages to property
<br />not taken; andMO~~ shaIi' a,plysucb eompeJlS!lUon, at it& option, either to a reduction of the indebtedness secured
<br />hereby or to repan,'aD~ resf,ore:~ property so ~d.
<br />
<br />. 8, PeI1orm~ce bY ilonP&ee. Mortpgee inay, but shall have no obligation, to do any act which the MortglJ!or
<br />bas ~d but.~ ro.ilo,;md.Mo~~BIs!J do any act it deems necessary to p'rotect the Iten bereof. MolfilBor
<br />agreestoie~y,'i.lpon deiIWid, any'sum&sO expended by theMortpgee for the abovepUIp08eS, and any sums so expended
<br />by ~"UortgigeiJ shall be 'SddeG to tile iDdebtedness secured hereby and become subjeCt to the lien bereof. Moi:tpJee
<br />'shaIi n.ot ~ncur a1iypenoJuifllabIii'tY:becausec of anytblnglt may do or omit" to do bereunder.
<br />, : . '. ~ r ' . '.', ~ ~ .-'
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<br />9. Default; ASiipmi.ent of Renla. Time 1& of the essence hereof, and upon Mortgagor's default in any covenant
<br />or &grl!l!ment of thi5Mo~tincluding covenants to pay when due the sums secured by this Mortgage,.the Mortgagee sbaII
<br />be entitled, at it& sOleoptionmd without notice, to declare all sums secured by this Mortgage..to be immediately due and
<br />payable and may commence foreclosure. of this. Mortgage by judicial proceedings; and, provided tiutber,that upouueb
<br />default the Mortg&gee,orareceiver aPPOinted by a court, may at its option and without regard to ,the adequacy oftbe
<br />_iirity, enter upon and take. poI&cisIOD of tile Property and collect the rents,i&sues aDd profits there~m8nd aPPy them
<br />fiiBt to the coSt of collection. and operation of the Property and then upon the indebtedntss secured by this Mortgagee;
<br />Said. rents, issues and pro6t& being assigned to the Mortgagee as ~her security faMbe-payment. of the indebtedness
<br />"&ectared hereby.
<br />
<br />10. Transfer of Property. If all or any part of the Property is sold or mmsferred without the espress written eon.
<br />sent or the Mortgagee, Mortgagee ID8Y at it& sole option, declare all sums.secured by this Mortgage to be immediately due
<br />and payable.
<br />
<br />11. Future Advance&. Upon request of Mortgagor, Mortgagee may make additional and future adaDcea to
<br />Mortgagor. Such advances, with interest tbereon, shall be secured by this Mortgage when evidenced by promDsoJy noCa
<br />stating that said notes are securedbereby. At no time shall the principal amount of the indebtednl5l seemed 6j thiI
<br />Mortpge, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />
<br />12. Miscellaneous Provisions.
<br />
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
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<br />(b) All remedies provided herein are distinct ud cumulative to my other right afforded by law or equity,
<br />and may be exercised concurrently, independently or successively.
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<br />(c) The covenanbl and agreements con~ed berein shall bind, and the right& inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
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<br />(d) All covenant& and agreement& of the Mortgagor are joint and seven!.
<br />
<br />(e) The headings of the paragraphs of tbi5 Mortgage are for convenience only and shill not be used to inter.
<br />pret or derIDe the provisions hereof.
<br />
<br />13. Release. Upon payment of all sums secured by this Mortgage. Mortgagee shall discharge' this Morqqe _d
<br />sball execute and deliver a satisfactol'Y release therefor.
<br />
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on ~.22.... day of
<br />
<br />Witnm my hand and not$ial seal It
<br />date aforesaid.
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<br />, 19l1 ~fore me, the undersiped, a Notary PGblie'~ ')
<br />r~u...n.n (:t. ~k.n o..-uQ ~ ~
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<br />.~ 0.. , to me mown to be die ~\~
<br />identical peISOn(s whose name(s) are subscribed to the for2goinglnstrument md acknowledged the execution thereof ~ ~
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<br />to be H-..w\. voluntary act and deed. ~ ~ ~ ">
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<br />AfJ^11\ 'n.6.\ ~~CVI...f) 1'-"- in said COUDlJ,. \3) ~ ~
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<br />State of Nebraska,
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