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<br />7. CondemnaUon. In the ev....nt the Property. or any part thereof. shall be laken by eminent. domain, the Mort.gBg6c
<br />Is ....mpowered to collect and roL'Clw all compensation which may be paid for Dny property taken or (01 damages to prolK1rLy
<br />noL taken, and Mortilree shall apply Buch compenuUon. at ita option. either to 8 reduction or tho IndebtedneSllllccured
<br />hereby or to repair and restore the property aD damaf(!d.
<br />
<br />6. Pedunnance by Morlt;qce. Mortgagee may, but. shall have no ob1tgatlon, to do Bny act whleh the Mortpllor
<br />has agreed but Calls to do, and Mortgagee may also do any act It deems necc5Sary to protect the lien hereof. Mortplor
<br />agrees to repay, upon demand, any 8UI11S 110 expended by the Mortgagee tor the above purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereor. Mortlagec
<br />shall not Incur any penonalllablUty becawe ot anythlna it may do or omlt to do hereunder.
<br />
<br />9. netault; .AJli&nment of Rents. 'l1.me Is ot the essence hereof, and upon Mortgagor's default tn any covenant
<br />or agreement of t.h1s Mortgage. including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entiUed, at its sole option and without notice. to declare all sums secured by thIs Mortgage to be Immediately due and
<br />payable and may commence foreclosure of this Mortgage by judlclaJ proceedings; and, provided further, that upon such
<br />default the Morlgagee. or 8 receiver appointed by 8 court. may at its option and without regard to the adequacy of the
<br />security, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them
<br />fiIst to the cost of collection and operation of the Property and then upon the Indebtedness secured by this Mortgagee;
<br />said rents, issues and profits being assigned to the Mortgagee as further security Cor the payment of the indebtedness
<br />secured hereby.
<br />
<br />10. Transfer of Property. IC aU or any part of the Property is sold or transferred without the express written con-
<br />sent of the Mortgagee, Mortgagee may at Its sole option. declare aJ] sums secured by this- MortgaGe to be immediately due
<br />and payable.
<br />
<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 notes
<br />stating tbl!lt said notes are secured hereby. At no time shall the principal amount of the indebtedness secured b'y this
<br />Mortgage, not including sums advanced to protect the security oC this Mortgage, exceed the original Note.
<br />
<br />12. Miscellaneous Provision!.
<br />
<br />(a) Any torebearance in exercising any right or remedy shall not be a waiver thereot.
<br />
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exerclsed 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 wigns of the Mortgagor and the Mortgagee.
<br />
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />
<br />(e) Tbe headings of the paragraphs of this Mortgage are for convenience only and shall not be used to Inter-
<br />pret or define the provisions hereof.
<br />
<br />13. Release. Upon payment of ali sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />shall execute and deliver a saUsCact.ol"y release therefor.
<br />
<br />IN WITNESS WHEREOF. Mortgagor has exeeoled this Mortgage on the20th day of October . 19 ~.
<br />
<br />~r!?b~
<br />~ JI~:01ZJfi~
<br />Geralyn Williams
<br />County ss:
<br />
<br />Bo~rower'
<br />
<br />Borrowllr
<br />
<br />Slale of Nebruka,
<br />
<br />/!AIr
<br />
<br />On this
<br />
<br />z~
<br />
<br />day of
<br />
<br />ige,{A"
<br />
<br />19..LL... before me, the undersigned, a Notary Public
<br />A~~"". L. tJ,I,1~_.. ,.....,
<br />
<br />duly commissioned and qualified for said county, pemonally came
<br />
<br />IJ.-~ U.I/'~"', , to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instruI&ent and admowledged the execution thereof
<br />
<br />to be
<br />
<br />-IA..~
<br />
<br />voluntary act and deed.
<br />
<br />Witness my hand and notuiaI seal at
<br />date aforesaid.
<br />
<br />d"~,,, ~d.
<br />
<br />In said county, the
<br />
<br />~\
<br /><;:,
<br />""
<br />
<br />My Commission expires: ~i 19/ /4;(" jJ ~<< /
<br />
<br />1J:5;~;L LW R~~ Fo,L.nd"and RKOM'" No_ PubOc
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