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<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 Mortga&ee; <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 <br /> <br />lobe <br /> <br />yoluntary act and deed <br /> <br />I:l <br />11 <br />~ <br />0" <br /> <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 <br /> <br />,na,l, O~ <br /> <br />Notal'? Publlc <br /> <br />(5~ Below ThiI: I..IIu BIlMrftld. YOI'LeDder and Recordll!l') <br /> <br />~ Ln ~ <br />I :~~,~~ <br />~ - '~;t <br />s - <br />r-l co - <br />I , s! 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