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F $%- 102118 7. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent dossabs, Is emporienscl to collect and receive all compensation which may be paid for any property taken or for dassisgee to prolplWy not ' taken, and Mortgages shall apply such compensation, at its option, either to a reduction of the Indebledism secured hereby or to repair and restore the property so damapd. Palliarmance by Mortgagee. MortpM may, but shall have no obligation, to de any act has agreed but fails to do, and Mortgagee may also do any act It deems necessary to protect the lien he =' ' agrees ' y , upon d, any sums so expended by the Mortgages for the above pu any au by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the Ilea hereof. )AGAPOW not Incur any personal liability because of anything it may do or omit to do hereunder. !. t; Assipment of Rama. Time is of the essence hereof, and upon Moftgagoes default In any oragreemint ofthis Mortgage, including covenants to pay when due the.sums secured by this M be entitled, at its sole opts and without notice, to declare all sums secured by this Mortillage to be Immediately due and payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such dethiatt the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the security, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them that to the cast of collection and operation of the Property and then upon the Indebtedness secured by the said rents, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 10. Tvander of Property. If all or any part of the Property is sold or transferred without the expreas written cat - at of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due and payable. 11. Future Advance& Upon request of Mortgagor, Mortgagee may make additional and future advances to Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced to protect: the security of this Mortgage, exceed the original Note. 12. Miscellaneous Provisions. (a) Any forebearance in exercising any right or remedy shall not be a waiver thereof. (b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successively. (c) The covenants and agreements contained herein shall hind, and the rights inure to, the respective successors and coigns of the Mortgagor and the Mortgagee. (d) All covenants and agreements of the Mortgagor are joint and several. (e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter- pret or define the provisions hereof. -; 13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shall execute and deliver a satisfactory release therefor. IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on e � day of _ April , 19 �. ( Gale e t nbrink) Bo,rower (LaDonna K. Mettenbrink) aorrawer State of Nebraska, —__- -_Nall _— _— _______- ^County ss: tir ► t ; . _ (SPere net— True tine Reserved For Lender and Retorter) --- - - - - -- ----- i e