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<br />1. CoudnnnaUon. In theeunt th ;Jtro~y,onnypart thereof. shall be taken by eminent domaln,the Mortpgee
<br />b.mpo....d \0 conect and teeelvo all rom ..don wh\eb may be paid for any prop"rty tak.n or for damqes to property
<br />not tUen, and Mort.pl:ft' shill apply 5uc:h "~m~~Jddri,.t Its option, either to a reducUon 01 the Indebtedneulecumd
<br />heJOby or to ..pair and testo", the prop"rty ~iI"d.'
<br />8. Performance by Morlltlee, Mnrtga '-, . ,bJlt .hall ha.. no obngatlon, to do any act which th. Mortgagor
<br />bas agreed but hll. \0 do, and Mongagee may aim do any act It deems n.cesury to protC<t th. nen here~f. 'Morteagor
<br />apes to ftpay. upon demand. any sums so expended by the Mortgagee tor the above purposes. and any sums 80 expended
<br />by the Mortgagee shall be add.d \0 the indebtedne&5 secu",d he",by and become ,ubJect to the n.n h.reof. Martpge.
<br />shall not Incur any p"rsonalliabUlty because of anything it may do or omit to do he..under,
<br />9. Default; Allipment of Rent&. Time is of the essence hereof. and upon Mortgagor'i default In any covenant
<br />orqreement oUhlsMortgage, including covenants to pay when due the sums secured by this Mortgage, the "Mortgagee shall
<br />be entitled, It its sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortpge by judicial proceedlnpi IUld, provided further, that Dilon such
<br />derauJt the Mortgagee, or . receiver appointed by a court, may at ill option and without regard to the adequacy of the
<br />~-:urit:... entEr ~pon and t"!.ke poaessio::s of the Property I\nd collf!ct the rents,luues md pronts therefrom an" apply them
<br />nllt to the COit of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />raid lents, 1S&Ue5 and profits being assigned to the Mortl.e !Ji rllrther ~curity rOT the payment cof the Indeb"l."dne.ss
<br />secured hereby. .
<br />10. TnnsIer of Property. If all or an)' pan of thE' PrOpE'rty Is sold or transrerred without the express wt1tten con.
<br />sent of the Mortgagee, Mortgagep may at its soll' option, declare all sums secured by this Mortgage to be immediately due
<br />and payabl..
<br />
<br />11. Future AdV&Dce5. Upon request of Mortgaeor. Mortgagee may make additional and future adVRllces to
<br />Mortgagor, Such advances. with interest thereon, shall be secured by this Mort.gage whim evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secuipd by this
<br />Mortgage, not includinlsulWi advanced to protect the security of this Mort.gag~. exceed the original Note.
<br />
<br />12. Mi&ceUaneoUJ Provisions.
<br />
<br />(a) Any fOl'l'bearance in exercising any right or remE'dy shan not be 8 waiver thereof.
<br />(b) All remedies provided herein are distinct and cumulatl\'E! to an)' other rigtt afforded by law or equity.
<br />and may be exercised :oncuTJ'l'ntlr, independently or 5uCCf'SSlvely.
<br />(ct The covenants and agreement.& contained herein shall bind. and the rights inure to, the respective
<br />successors and assigns of the Mortga&or and the Mortgagee.
<br />Cdl All covenants and agreement.& of thE' Mongagor an> joint and several.
<br />(e) The headings of the paragraphs of this Mortlage are for convenience only and shall nol be used to inter.
<br />pret Dr define the provisions hereof.
<br />13. Release. Upon pllymei,t of 1111 "'Jrru. secured by this Mortgagl', Mortgaget' shall dischargE' this MortgagE' and
<br />sball execut(> and delh'l'::' Iii atisrllclory release thE'refor.
<br />
<br />IN WITNESS WHEREOF. Mongagor has executE'd this Mongage on the 29tbdayof Julv
<br />
<br />~ -,,/ /'
<br />'i ,.:.v- C<",- ::p::;."
<br />(TerrV'L. Camp)
<br />c~) b --
<br />_ "/1 " j,
<br />[Sheri L. Camp)
<br />
<br />,19~.
<br />
<br />Borrow!'!r
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<br />Borro~
<br />
<br />Stale of Nebruta.
<br />
<br />Hall
<br />
<br />County 55:
<br />
<br />~ this 29th day of IlIly 19...88....... before me. the undersigned, a Notary Public
<br />
<br />dUly commiAloaed and qUJ.1ified faT said county. pt~ona1ly came Terry L Cnmp ann Sheri L Cnmp
<br />
<br />husband and wife . to me known to be thE'
<br />identical person(s. wbOM' name(s) UP sub5cribed to the foreeoing instrument and acknowledged the E!][ecution thereof
<br />
<br />to beo thpj r volunt.a.r}' acl and derd.
<br />
<br />W1tn... my band and notaria1..alat Grand Island. Nebraska
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<br />in &aid county, tht'
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