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88106303
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88106303
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Last modified
3/9/2007 5:41:52 PM
Creation date
3/9/2007 4:43:57 AM
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DEEDS
Inst Number
88106303
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<br />7. Condemnation. In the e.enlthe Property. or lilY part thereuf. ahall be laken by eminent domaln,the MorlpSCe <br />Is empowered 10 colleclllld neel.. all compe....Uon which may be paid for any property taken or for damqea 10 property <br />not labn, IIld Morlppe shall apply .uch compe....lIon. at Ita opUon, either 10 a reduction of the Indebledne.. .ecured <br />horeby or Ie repelr and mlore the property so demagod. <br /> <br />8. Performance by Mortppe. Mnrliqee may, but shell have no oblllllllon, 10 do eny let which lhe MortlllJor <br />Iw.ipi!edbut ta1Is 10 do, and Mol'tgageemlY alao do any oct It deelJ1& necesllU)' to protect the lien hereof. Mortlllllor <br />qnes to.iepiy, upon demand, my sums BO expended by the.Mortpgee for the above pIirpooea. and any aUIJ1& aD expended <br />by the. MortNee Bhall. be eddedlo the Indebledness BOCUl'llt!:hereby and becomeaubjeet 10 the'lIen bereof. Morti"1I"" <br />Bhall not Incur any penonalllablllty .becauae of anything It may do or omlllo do hel1lunder. <br /> <br />9. Default; AaaliJUllent o[Reuta. TIme Is (J~ the ....nce hereof, and upou Mortpgor'. de.taullln any.covenant <br />orBi'""menloUhls MOrliqe,lncludlng covenantoto pay when due the aUIJ1& aecured by thlaMortpge,lhe.Mortlllllee shell <br />be entitled, Illto .ole option' end without notice, to declare all aums aecUll!d by this Mortgage ,to be lnimedllilely due and <br />payeble and mlY comRlence foreclosure 01 this Mortgep by judlclel proceedings; and, provldedrurtber,-lhat upon such <br />derauJtlhe Morlpiee, or a receiver appolnled by I court, may Itlto opUon and wlthoull1lgard to the adequaCy of the <br />security, enter upon Ind take poaseaalon of the Property and collecl the rento,l..u.. and pronto thel1lftom and apply them <br />IIrstto the cost of collection and operetlon of the Property and then upon the Indebledness aecmi!d by this MortlllPe; <br />aald I1lnto, luues and prontl being eaallPled to the Mortgagee IS further security for the plyment of lhe Indebtedness <br />aecUll!d hl!reby. <br /> <br />10. Tnn.rer of Property. If all or any part of the Property Is .old or transferred without the expre.. wrlllen con. <br />senl of the Mortgagee, Mortgagee may It lto sole option, declJlre all sUIDS.secul1ld by thl. Mortgage 10 be lmmediBtely due <br />and payeble. <br /> <br />11. Future Advances. Upon request of Mortgagor, Mortgagee mey make eddlUonal and future IdvanceB 10 <br />Mortgagor. Such Idvancea, with Inlere.t thereon, shall be secured by this Mortgage when evidenced by promissory noles <br />statinf thlt said noles are aecured hereby. At no time .hall the principal IIDount of the Indebtedness secured by this <br />Mortgage, not Including SUIDS Idvanced 10 protect the security of this Mortglge, exceed the original Note. <br /> <br />12. M1sceUaneoua Provisions. <br /> <br />(I) Any forebearence in exercising any right or remedy shall not be a walver thereof. <br /> <br />(b) All remedies provided herein are distinct and cumullllve to any other right atlonled by Ilw or equity, <br />and may be exercised concurrently, independently Of successIvely. <br /> <br />(c) 'lbe covenants and Igreements contained herein shall bind. and lhe righto inure to, th. respective <br />successon and essigna of the Mortgagor and the Mortgagee. <br /> <br />(d) AIl covenants and Igreements of the Mortgagor Ire joint and several. <br /> <br />(e) 'lbe heldlngs of the parIIgmphs of this Mortpge are for convenienee only and shall not be used 10 Inter. <br />prel or deOne the provisions hereof. <br /> <br />13. ReI..... Upon plyment of all sUIDS secured by thl. Mortgage. Mortgagee shall discharge this Mortgage and <br />shall execule and deliver a BOIlsfl.tOL-Y release therefor. <br /> <br />IN WITNESS WHEREOF, Mortlllgor hIS execuled this Mortgage on the..l.S- dlY of Novembe r ,19!!.L. <br /> <br />"""""'" <br /> <br />~.~ <br />~~ <br />~ <br />"C. <br />1 <br />,~ <br /> <br />State of Nebruka, <br /> <br />Ha II <br /> <br />In.~ <br /> <br />Henrichs) Husband <br />~~(1 F. ~~JlJO , <br />Janice E. Henrichs) Wife <br />County ss: <br /> <br />711 a..~~ , <br />(Marvin M. <br /> <br />Bouower <br /> <br />--- <br />On this 1St h day of Nobembe r 19.JIJL, before me, the undenilPled, . Notary Public ~ <br /> <br />duly commissioned and qualified for said county, pelBOllally came Marvin M. Henrichs and Janice ~ <br /> <br />E. lIenr i chs. Husband and Wi fe ,to me known to be the 'i-.~~ <br />Identical penon(s) whose name(.) are subscribed to the foregoing instrument and Icknowledged the execution thereof ~ 2Q <br /> <br />to be the i r voluntary oct and deed. ,~ ~ <br /> <br />Witness my hand and nolBliall8l1at Grann I s I,onn NF In said county,theG::{:1 <br />datufoDsaId. ' ..1) <br /> <br />fnLWt 0 Stm: - s ~ ~: <br />No---1.il~ <br /> <br /> <br />01 .... <br />"f c:) <br />j E j- <br />~ = . ~ <br />0 c:o: \ ~ <br />.. r-l = J~ <br />.. \ ..... <br />j =- <br />DO c::> <br />DO - <br /> .- <br /> ~ <br />
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