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7, In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered to collect and twelve All compenistt 011 which may be paid for any Property taken or for damages to property
<br />W r and No"linges shall apply such compensation, at Its Option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the ptropsrty so damaged.
<br />R• Pwhn aeoe by Mottgape, Mortgages nay, but shall have no obligation, to do any act which the Mortgagor
<br />34110FRIN to but 61116 to do, and Mortgagee may alto do any act it deans necessary to protect the lien hereof. Mortgagor
<br />mpry, upon demand, any sums so expended by the M ongagae for the above purposes, and any sums so expended
<br />by the Lilo `1110re aW be added to the indebtedness secured hereby and become subject to the lien hereof. MorigiWo
<br />nn 0 mot amens any personal liability because of anything It may do or omit to do hereunder.
<br />I. pKaWs Aswasmasnt of Rgts 7lme is of the assence hereof, and upon Mortgagor's default in any covenant
<br />orstgseesaent of this Mortgage, Including a►venants to pay when due the sure secured by this Mod", the Mortgages d"
<br />be entitled, at its sole option and without notice, to declare all sums secured by this Mortpp.to be immediately role and
<br />payable said may commence foreclosure of this Modpge by judicial proceedings; and, provided further, that upon web
<br />debuk the Motpgee, or a receiver appointed by s court, may at its option and without regard to the adequacy of the
<br />mcuetty, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply tens
<br />Big to tae cost of collection and operation of the Property and then upon the indebtedness secured by this Morippe;
<br />said seats, bum and profits being assigned to the Mortgagee as further security for the payment of the indebted
<br />secured
<br />10. T aeder of Property. If all or any part of the Property is sold or transferred without the express written con -
<br />seat of Uw MO"4We, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />and payable.
<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 that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgsxe, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />12. Mi eel4nwus Provisions.
<br />(a) Any forebearance to exercising any right or remedy shall not be a waiver thereof.
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exercised roncurrently, independently or successively.
<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 />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />(e) The headings of the paragraphs of this Mort gage are for convenience only and shall not be used to inter-
<br />pret or define the provisions hereof.
<br />13, Reiea.e. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />abed execute and deliver a satisfactory release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the - 27 — day of _Aw i 1 yam_
<br />erald D. Janu ewi ) �•
<br />(J 'et D. Janul wiz) Borrower
<br />State of Nebraska, ua 1 1 - --
<br />--------- - - - - -- ._County ss:
<br />On this 27 day of peril 19. q7 , before me, the undersigned, a Notary Lary Public ,
<br />daily commissioned and qualified for said county, personally came Ge_ ra 1 d D. an u 1a i o
<br />Husband and Wife_
<br />identical peeson(s) whose name(s) are subscribed to the foregoing instrument and acknowledged to me known the execution othereof
<br />��
<br />to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand _Znl � said county, the
<br />dde aforesaid.
<br />My Commission expires. �� 4
<br />FrkNotary tti�
<br />-^- 1$eeee tMlom 1`hL I,�a Reesrred For Leader mad Recorder) •-- - -.��.
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