<br />7. Condemnation. In Lh[llJvlJnt lhe Property. or any parL thcrt'or, Ihall 00 taken by emlnlJnt domain, Lh~ Mortgagee
<br />Ls cmpoweJ1!d wealled and receive all cornpeuuUon which may bl' paid for Imy property taken or ror damagee Lo property
<br />noL Laken. and Mortpa:ee shill apply luch compenllUon. at ita option. either to. reduction of Lhe IndobLednesa lecurod
<br />hereby or to repair and restom the property 110 damaged.
<br />8. redunnance by Morllllfil. Mortpgee may, but shllll hUIJ no obligation, to do my act which the MortPRor
<br />!as a~d but falls to do, and MortPi'. may alia do any act It deems nocewry to protect tho nen h.roof. Mortpior
<br />apes to repay, upon demand, any sums 60 oxpended by the MortKlPc for the above purpOlel, and any SUIIUi no expended
<br />by lb. MortPF. shall be added to lb. Indebtedness ..curod heroby and become SUbject to tho nen heroof. Mortpiee
<br />shall not Incur any penoru&lllabillty because of' anything it may do or omit to do hereunder.
<br />9. Default; Asiplment of ReolL Tim!! is. of the essence hereof. and upon Mortpgor's default in any covenant
<br />01 agreement of thlaMortgage,includlng covenants to PlY when due the sums secured by this Mortgage, tbe MortKagee ahall
<br />be entitled, at its &ole option and without notice, to declare an sums secured by this Mortgaee .to be immediately due and
<br />payable and may commence forrclosure of thls Mortgage by judicial proceedlnpi and, provided further, that upon such
<br />default the Mortgagee, or a receiver appointed by a court. may at Its option and wlthout reprd to the adequacy of the
<br />security, enter upon and take possemion of the Property and collect the rents, luuelllDd profits theretrom and apply them
<br />fint to the COit ot collection and operation of the Property and then upon the Indebtedness secured by this Mortpaeei
<br />said renLs, issues and pronts being assigned to the Mortpgee as further security tor the payment of the Indebtedneaa
<br />secured hereby.
<br />10. Transfer of Property. If ail or any part ot the Property is sold or transrened without the express written con-
<br />se!1t of the Mortgagee, Mortgagee may at its 60le option, declare all sums ,secured by this 'Mortgage to be Immediately due
<br />and payable.
<br />11. Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory DOtes
<br />stating that said noles are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not including sums advanced to proteclthe security or this Mortgage, exceed the original Note.
<br />12. MlacoIlaneous Pro.lsioOL
<br />
<br />(a) Any rorebearance In exercising any right or remedy shall not be a waiver thereof.
<br />
<br />(h) All remedies provided herein are distinct IlDd cumulative to any other right afforded by law or equity,
<br />and may be exercised concurrently, independenUy or successively.
<br />
<br />(c) The covenants Bnd agreements conlllined herein shall bind, and the rights inure to, the respective
<br />successors and assigtlll of the Mortgagor and the Mortgagee.
<br />
<br />(d) All covenants and agreements of the Mortgagor are joInt and several.
<br />
<br />(.) 'Ille headinll8 of the panaraphs of Ihls Morlpg. are for con..ol.nce only BOd shall not be used to Inter-
<br />pret or define the provisions hereof.
<br />
<br />13. ReI..... Upon payment of an sums secured by lblo Mortiap, Mortppe ,hall dlschaqe tillo Mortpge and
<br />shall execute and deliver a satisfactm-y release therefor.
<br />
<br />IN WITNESS WHEREOF, MortPiorh.....cu~~Ple on Ih.5..ULday of ""t-nh..r ,19.8.8.....
<br />
<br />(' ,) /) (',',1 il ' n
<br />'., -_~.---~ t) )L-'<.Lli-~"
<br />(Roger" B. Aldr i<;))_~U~~and. Boaower
<br />
<br />,:"~"i /70,'1-1-'.," ()thNj
<br />(Esther- J. Al~l:lCh) Bonow"
<br />
<br />State of Nebraska, H ~ 1 1 County as; I?\i) 1
<br />
<br />On lhis liTh day of nr~nhar 19....BB-. before me, the undersigned, a Notary Public~:J (,~
<br />
<br />duly commissioned and qualified for said county, personolly came Roqer B. Aldr ich and Esther J. l".1~
<br />
<br />Aldrich, Husband and Wife ,to me known to be lbe" '" ->:
<br />Identical person(s) whose name(s) are subscribed to the toreiolnelnstrument and acknowledged the execution thereat ~... ~
<br />
<br />to be the 1 r .oluntary act and deed. :~ ~1
<br />
<br />Witness my hand and notarial seal at Grand In said county, thq-l ~ t... "'\
<br />dale aforeaald. .~' ~
<br />
<br />~ My Commission expires: ' ~ '\'J ~
<br />
<br />0,'-" .J:-nrr........... HO_PubU.~I)~:)
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