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<br />7. CondemnaUon. In the evenl the Properly, or lilY put thereof. Iholl be liken by emlnenl don,a1n, the Mollppe <br />II empowered Iocoll..llIld ..eel.e all compenuUon which IDlY be paid for lilY properly liken or for damqea to properly <br />nolllk.n. IIld Morlppe IhI1I apply lum componutlon. ellla opUon. .Ither to I reducUnn of the IndablAldne.. ...ured <br />hereby or to lOpalr IIld ...to", Ibe property 10 cIamaItd. <br /> <br />8, Pedonaanoe by Movtppe. MorlpaM may, bullholl hlV' no obllpUon.to do lilY act whim tbe MorIpfor <br />hu ..- bUI falls to do, IIld Mortp.... may also do asy act II deel8l n._ to prolect Ibe lI.n he",of, Mortpcor <br />...... to repay. upoD d.mand, asy llUIIIllO expended by lb. Mortpcee for tbe Ibo.. plirpoaea,lIld asy IU"'IO expanded <br />by the Mortppe shall be Idded to the Indeblednesa lOCured h.reby asd be<ome lubjeel to Ihe lien hereof. Mortppe <br />aboll not incur asy penonalllablllty bec:a.... of asylblnllllDlY do or omllto do he",under. <br /> <br />9. o.flull; AIIl&mDOIII of Ilall. 'nme II of Ibe ....n.. bereof. and UpoD MorlPlor'l defaulllD any .....nant <br />or _m.nlof ibis Monca.-.lncludinl C091lIlIDllto pay wh.n due Ibe IU... ........d by lbls Mortpge. the MortPiee aholl <br />be ..,tllIed, II jt;, 501. option asd wllbout aoU.., to declare olllumalOC\IIl!d by tb!I Moilpp~to be ImmedlllAl.y dileand <br />pay.b1. and may commen.. forec1D15UJe of ibis Mortpp by judlcW proeeed1np; and, proolded'rIirt1i.r; IbltUpoD 111m <br />defaull lb. Mortp..... or I recel.er oppointed by . court, may .1111 option and wllboul ",pn1 to tbe ldequOey of lb" <br />security,.nlAlr upon and lake poIIOIIion of the Properly asd coIleet lb. renll,lIIues and profllllberefrom and apply tbem <br />fillit to lbe COIl of coIleeUon and operation of lbe Properly asd lben upoD lb. Indeblednesa aeeured by lbls Mortppe; <br />aid reali, iIIues and profits belol asalllDed 10 lb. Mortpgee .. further security for lb. paymenl of tbe indebledn'" <br />aeeured hereby, <br /> <br />10, Tranafer of Property. If oll or any put of lbe Properly II soIrl ..lnnaf.ned wilbout lbe .IlI.... written eon. <br />senl of lbe MortpllB". Mort_ may .1 its oole option. declare a11.uma.......~d by tb!I Mortpp to be immedlalely due <br />and paYlble. <br /> <br />11. Future Advan.... Upon requesl of Mortplot, Mortplee may make Iddlli""a1 and fulare advances to <br />MartI..or, Such advan.... wllh Interest lbelOon, sholl be ..cured by lbll Mor\ple wh.a evideu..d by promlslory notes <br />_.that aid notes are secured helOby. Al 00 U= sholl lbe principal amount of the IDdeblAldn..........d by tb!I <br />Mor\ple, nollncludlng sums advanced 10 protect lbe security of this Moriple, .xceed the orilinal Note. <br /> <br />12, w...u-. ProvlllollL <br /> <br />(a) Any forebe&raD.CIe in exe!'clslng any ript or remedy wll Dot be . walyer thereof. <br /> <br />(b) All remedies provided b.lOin are dIItlnct and cumulatl.. to any olh.r richl .fforded by law or equity. <br />and D1IiY be exercised ~ncurrenUy. independently orlucceSlivel)'. <br /> <br />(c) The COYeIWItli and aereements contained MlI!m shall bind, and the rilhta mUll! to, the respectin <br />SUtX'e5lOn and -em of the MortPlOr and the Mortpeee. <br /> <br />(d) All eovenaats and .....m.ats of lbe Morllalor are joiat and se,.ra!. <br /> <br />(.) The b..dinp of lb. _phs of lbll Moriple are for con..nl.nce only and sbln not be used to in"". <br />pm or defln.lbe prorilions hereof, <br /> <br />13. _, Upon payment of aJllIUJJIli IOCUred by lhia Morf.aalo, Mortpp sball dlscbaree ibis Moriple end <br />sbaII exeeule and dell..r I IOlisfaclol'Y rei.... tb.",for, ,l::;;MO.".. ~Af ~ <br /> <br />INWlTN~WIIEREOF'Mortpjorhu~u~~~~;:r .19alL <br /> <br /> <br />:/ John R. Gunderson Bouo.er <br /> <br />8tale of Nebraska, <br /> <br />Ball <br /> <br /> <br />_... <br /> <br />On this <br /> <br />9th day of September <br /> <br />County II: <br /> <br />19-1!!L before me, lbe undersicned. . Notary Public <br />John R. Gunderson & Carol J. <br /> <br />duly _oned and qualified for aid eounty, peaooally came <br /> <br />Gunderson. Husband & Wife ~ to me known to be the <br />IdenUcaI peDiOll(S) whooe name(l) are _bed to the fOrBIoiD& instnJmenland aclmowledlBd the execution tb.reof <br /> <br />&0 _ their <br /> <br />~ <br />~ <br />\J <br /> <br />My u...-..unIIIloa explftr. <br />a---Fl..... <br />AI> -- ~=r.a.::3~- <br />..~ ...... ~ - 1IIIow TIda LlDe R~ "01' lAnder aDd R.eOlder) <br />Q <br /> <br /> <br />in aid county. tbe <br /> <br />WItneu my band and IlOlaJiaI seal at <br />dale aforesaid. <br /> <br />NoIar'J'Publ1c <br /> <br />on <br /> <br /> <br />~ <br />.> <br />~ <br />'0, <br /> <br />l~ <br />- Q C'-' <br />1~~t1~~ <br />_ ; J J~J--a... <br />· II.I-l! l;'~ <br />~ -I'...... <br />f gg;<5~ ~~ <br />.5 :08 <br /> <br />5! <br />~ <br />~-- <br /> <br />....; <br />J <br /> <br />II;, <br />\ <br /> <br />F <br /> <br />'~ <br /> <br />,... <br />'-' <br />h <br />'"', <br /> <br />Ei <br /> <br />...-= 10M IHDJOI )ISO <br />