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<br />1. CondemnaUon. In the event the Property, or any part lhereof, Ihan be taken by eminent domain, the Moftlagee
<br />Is empowered to collect ond ,...Ive all compensaUon which may be pald Cor ony property taken or Cor damas.. to property
<br />not laken, and Mortppe ..hall apply such compenu.tJon, It Ita option, either to. reduction of the Indebtedneu secured
<br />he..by or 10 ..palr ond rostorelhe properly so damaged.
<br />
<br />8. Perfonnonce by Mortpaee. Morlpgee may, bulshall hlV. no obllgaUon, to do .ny acl which Ibe Mortga~or
<br />has qteed bul Calls to do, ond Morlplee may also do ony act It deama ne_ 10 protect Ihe lien b."",C. Mortpgor
<br />..... to ..pay, upon demond, any sums so expended by the MorlllllOO Cor Ihe above pUrposes, end any sums so expended
<br />by the Morlpree shall be add.d to the Ind.btedness ..c....d he..by and become oubject to the lI.n h...oC. Mortgage.
<br />shall not incur any personalllablllty because oC anything It may do or omit to do hereunder.
<br />
<br />9. DeCault; Aslilll1m.nt oC Rent&. 'nme Is of the ....nce he..of, ond upon Mortpgor'o d.fault In ony covenont
<br />or _ement oC this Mortpge, Including covenants to pay wh.n due th. oums .......d by thlo Mortpg., the Mortpgee ohall
<br />be entltled, at Its sole optlonand without notlce,to d.d.... all sums .......d by this Mortgag..to be Immediately due and
<br />payable and may commence Co..clOIu.. of this Mortpge by judicial proceedings; and, provided furth.r,that upon such
<br />default the Mortgagee, or a receiver appointed by a court, may at Ita opUon and without regard to tbe adequacy oC the
<br />security, enter upon and take p(l!lllOlllon DC th. Properly and collect the ..nts, Issues and protlll.tbe..trom ond epply them
<br />first to the COlt of collec:tion and operation of the Property and then upon the Indebtedneis~cured by this Mortgaaeej
<br />said rents, issues and profits being If:Signed to the Mortgagee as further lecurlty for the payment of thE Indebtedness
<br />secured hereby.
<br />
<br />10. Transrer or Properly. Ir all or any part or the Properly Is sold or transr.nod without the express wrltt.n con-
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare all sums ,secured by this Mortgage to be immediately due
<br />and payabl..
<br />
<br />n. Future Advances. Upon request of Mortlllgor, Morlpgee may make .ddIUona! and rutu.. advances to
<br />Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when el1denced by promllilory notes
<br />staUng that &aid noles are secu..d hereby. Al no tlm. shall th. principal amount or the Indebtedness &l!CUred by this
<br />Mortgage, not including sums advanced to protect the security or thll Mortgage, exceed the original Note.
<br />
<br />12. MisceUoneDUO Provisions.
<br />
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />
<br />(b) All ..m.dles provided he..ln a.. dlsllncl and cumulatlv. to any olh.r right arrorded hy law or equity,
<br />and may be exercised concurrently, Independently or succeulvely.
<br />
<br />(c) The covenants and agreement.& contained herein ahall bind, and the rights inure to, the respective
<br />successon and 8Sllgllll of the Mortpgor and the Mortplt!c.
<br />
<br />(d) All covenantl and agroomenLa 01 the Morlgagor .... joint and ..veral.
<br />
<br />(e) 'lbe h.adlnp or Ihe paragraphs or this Morlpae.... for conv.nlence only and shall not b. us.d 10 Inter.
<br />pret or denne the provlllonl hereof.
<br />
<br />18. Rei..... Upon paymenl or all sums secured by Ihls Morlgage, Mortpgee shall discharge this Morllage and
<br />shall execute and deliver 8 satiJtact.m'Y release therefor.
<br />
<br />
<br />day of sPP'" pmhPT ,196.8-.
<br />
<br />State or N.braaka,
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<br />On this 7t.h day of Spntpmhpr , 19..BB-, before me, the undenigned, a Notary Public ~ .~ \,
<br />
<br />duly commluloned ondqualm.d ror&aid county,penonally came Vpnnp'h F. rl"yk "nn Phylliq A "~ 1'\... ')
<br />
<br />Clark. Uusband. and Wife ' to me known to be tbe ~ ...... ~
<br />identical ~nonll} whOle name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof ',- \' \Jl ...,~.
<br />. .~~~
<br />to be 't h... \ r voluntary act and deed. '~, ." ~~,. ~ ' ).
<br />
<br />In said county, the \\~"l)
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<br />NoW> Publk )"\~)~
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<br />ennelh E. Clark, Husband)
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<br />92r.N~ ~ --? r./ ..J .J
<br />(Phy is A. Clark, Wife)
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<br />_~wcr
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<br />Borrower
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<br />Hall
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<br />County sa:
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<br />WitDeu my hand and notarial seal at
<br />dale aroresald .
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