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<br />7. Condemnation. In thf event thf' Property, orany part thereof, shall be taken by eminent domlln, the Mortpaee.
<br />Is empowered to coUeel and .....1..111 compenllUon whloh mlY be pold for any property blken or ror damli" to property
<br />nol blken, and Mortpife shall apply suob compensaUon, allts opllon, either 10 I reducUon oflhe Indebtedne.. securid
<br />hereby or to ft!palr and restore the property ao dam.pd.
<br />
<br />S, Performance by Mor\pCee. Mor\p&.. may, bul shall ha.e no obllpllon, 10 do any act which I~e Mo_rt"'ior
<br />Iw _d but rills to do, and MortPile may also do any aclit deems necessary 10 prote<t the lien hereor. Morliaior
<br />qrees to repay. upon demand. any sums so expended by the Mort~agee for the above purposes, Bnd any IUIJUJ so expended
<br />by the Mortppe IIbIlI be added to the Indebtedness secured hereby and become subjecl to Ihe lien hereot, Mortiai"
<br />shall Dot incur any personll Uablllty becalW! of anytblnglt may do or omit to do hereunder. .
<br />
<br />9. Detaulll AaoipIuieIIl ofl!ellts. Time Is or the ....n.. hereor, and upon Morlpior's defaUllln any co.enanl
<br />or_menl or Ihb Mortgage,lncludlni covenants to pay when due Ihe sums secured by thIs Mortpif, the MortPiee shill
<br />be enlllled, allts sole opUon and wlthoul noU..,10 declare 011 sums seoured by Ihls MortPie to be Immediately due and
<br />payable and may commen.. roreclosure or Ihls Mortgage by judicial proceedlnp; and, proYlded r~er. lbat uJionsuch
<br />deraullthe MorlpJee, or a .....Iver appolnled by a court, may at Its option and without reprd to lbe adequICY or the
<br />security, enter upon and take possession of the Property and c.ollect the rents,lasues and profits tberefrom and apply them
<br />tint to the C':OIt of eoUeeUon and operaUon of the Property and then upon the Indebtedness secured by th:.s MortpJee;
<br />said rents. :saues and proill.S being assigned to the MortNee IS further security for the payment of the Indebtedneas
<br />secured hereby.
<br />
<br />10. Tnnater or Property. Ir 011 nr any part or the Property Is sold or lransfened wlthoullhe express written 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 payabll!.
<br />
<br />11. Future Advances. Upon request of Mortgalor, MortgBge-e may make additional and future advances to
<br />Mortgqor. Such advances, with Interest thefpon. lihall be secured by tblh Mortgage when evidenced by promissory notes
<br />staling thaI said noles are ...ured hereby, Al no time sholl Ihe prinell'" omounl or the Indebtedness ...uiyd by this
<br />Mortp&e, not Inc1udinglums advanced to protect the security of this MortPl,-e, exceed the original Note.
<br />
<br />12. Mlscellanecnu Provision&.
<br />
<br />(a) Any forebearancf' in exercllilni any riKht or remedy shall not be a waiver thereof.
<br />
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exercised :oncul1'PnUy, Independently or successively.
<br />
<br />(c) The co.enants and agreements contained herein shill bind, ond the rights Inure to, the re,pective
<br />successo", and assigns or Ihe Mortgagor and the Mortpgee.
<br />
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />
<br />(e) The headings of the paragraphs of Otis Mortp~e are for convenience only and shall not be used to Inter.
<br />pret or define the provisions hereof.
<br />
<br />13. Releaae. Upon payment of all sums secured by this Mortgage, Mortgagee shoJI dbcharge thl:i Mortgage and
<br />.;hall execute and deliver a satisfactory release therefor.
<br />
<br />~R~
<br />~ ~ '~ Slate or Nebraska, Hall County ss:
<br />
<br />,,7i, ' On this 21 d day of---5ep.telllbpr 19...1llL, berore me, Ihe und...igned, a Notary Public
<br />
<br />~ ~~} ~UUIY eo~oned and qualified for said county, personally came Joan L. Hewlett
<br />
<br />".! ,~, , to me known to be the
<br />~, identical person(s} whose narne(s) are subscribed to the foreKoing instrument and acknowledeed the execution thereof
<br />
<br />~ ~~ ~f..... to be hp,. voiuntary act and deed.
<br />
<br />~ ~ ~tear~~~ my hand and nolariol seal at Grano ~~Iano Nphra~ka In said county,the
<br />
<br />~ ~ tMY CommlulDn expi...: 6-~""'':'~- JJaJfJUl 1/\ Jutf-Oh
<br />~o ~ IJlIDa_-.zt,1B
<br />
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<br />Borrower"
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<br />Borrower
<br />
<br />Not.ary Public
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<br />(Spacl' Wow Tb1& Llfte Rnuved Far Leoder IUld Recorder)
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<br />Nk 100G IND 303 2/10
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