<br />,. CondrmnaUon. In lh~r'VenL the Property. or any part thereof, shall be taken by eminent domaln,lho Mortal8ce
<br />I.s rmpowcred to collect and receivl' all compen6ltion which may be pAid for Iny property taken or tor dll11lges to property
<br />nol lakeD, and Mortpgce shall apply such compenuUon, at Its option, rlther La a reduction or the Indebtedness secured
<br />hereby or La repair Ind restore the property so damaged.
<br />
<br />8. Perfonnance by Morll..... Mortgaaee may, but .ball baye no obllgaUon,1o do any act wblch the Mortga~or
<br />baa agreed but falls 10 do, and Mortpaee may also do any act It deems neceswy 10 protect the lien hereof. Mortgagor
<br />agrees to repay. upon demand, any sums so expended by the Mortglgee tor the above purpOleS, and any sums so expended
<br />by the Mortgagee ohall be added 10 the Indebledn... aecured hereby and become ,ubjed to the lien hereof. Mortgagee
<br />shall not Incur any penonalllablllLy because of anytblng IL may do or omlL 10 do hereunder.
<br />
<br />9. Default; AIslgnment of Rents. Time Is of the essence hereof, and upon Mortgagor', default In any covenant
<br />or agreement of this Mortgage~ includln.:: covenants to pay when due the sums secured by thls Mortgage, the Mortgagee sblll
<br />be enUlled, at its ,ole nplion and without nollce, to declm all ,ums aecured by thl. Mortgage to be Immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedlnp; and, provided further, that upon ,uch
<br />default the Mortgagee, or I!I receiver appoInted by 8 court. may .t It!l option and without regard to the adequacy of the
<br />security. enter upon and tate possession or the Property and coUect the rents,issues and profit& tberef,rom and apply them
<br />Om to the C06t or collecllon and operation of the Property and then upon the indebtedness secured by this Mortgaⅇ
<br />&lid rents. issues and profits being assigned to the Mortgagee 81 further security for the payment of the lDdebtedness
<br />secured hereby.
<br />
<br />10. Transfer of Property. If all or any part of the Property i, sold or tIIInsferred without the express written con.
<br />sent of the Mortgagee. Mortgaf.:ee may at its sole option, declare all sums secured by this Mortgage to be Immediately due
<br />and payable.
<br />
<br />lL Future Advan.... Upon reque't 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 notes
<br />stating that said notes are secured hereby. At no time shall the principal amount or the Indebtedness secured b-y this
<br />Mortgage, nol including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />
<br />12. Miscellaneous Provision
<br />
<br />(_) Any Corebearance in exercising any right or remedy shall not be a waiver thereof.
<br />
<br />(b) All remedies provided hereIn are distincL and ~umulatlve to any other right afforded by law or equity,
<br />and may be exercised concurrently, independently or successively.
<br />
<br />(c) The covenants and agreements contained herein shall bind. and the rights inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />
<br />(d) All covenants and agreements or the Mortgagor are joint and several.
<br />
<br />(e) The headings of the paragraphs of this Mortga&e are for convenience only and shall Dot be used to inter-
<br />pret or define the provisions hereof.
<br />
<br />13. Rele.... Upon paymeot of all ,ums aecured by this Mortgage, Mortgagee shall discbarge thl, Mortgage and
<br />shall execute and deliver B satisf'actOl'Y release therefor.
<br />
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the.J..!L. day of October
<br />
<br />,19~.
<br />
<br />, ?~ "r ,"~r ()
<br />(Marg et . Curtis)
<br />
<br />(~ J.,~ [;:,)
<br />
<br />80""......
<br />
<br />Borrower
<br />
<br />Slate of Nebruka.
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On Ibis 19tb
<br />
<br />day of Oc toher
<br />
<br />19 ~ before me, the undersigned. B Notuy Public
<br />Mar~aret A. Curtis. A Sin21e Person
<br />
<br />duly commissioned and qualified for said county, personally came
<br />
<br />I to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and ac1mowledged the esecution thereof
<br />her
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<br />yoluntary act and deed
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<br />WI"'... my hand and nolaliJol BOal at
<br />date aforesaid.
<br />
<br />Grand Island NE 6BR02
<br />
<br />In said county. the
<br />
<br />.J::WEAAl \iJTARI'-SbIt a1111n11l1
<br />My ColllIllisEion expires: MARK D. STElK
<br />
<br />My Cumm ExD Mil' 1. 1
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