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I. m , in the ant the prapeftor my patc *ems be Is empowetcd to cdallect and "cove alt coapdmmoon whioh'.a4a! be [or rimy nit Nile, aatd *so apply . a"Olam, a1 its .ri�tonc t� tl hereby at to repair and tks ,b a Fwrf ;v. but + > M� ba bpt �to do, sad + aMt► stn miy'aat )t agty as ea repair, upon tkmand, any wows "eo expanded by the: for tbe`a� by the Mortgages shall be added to the hndebtednelda"nacurtd hereby and beer ''ieradr any pers(aul 4�abiUty batacuise of anyunglt olio ar idt to d�' ?' 9." 1Hlaaltj AeNgument of Aeata 71 kof the . and ua ;de oragrement of the Mortgage, including to pay when due the sulm securod h ter; be entitled, at its sole option and without notes, to declare all am secured by this X30 he°' rvlid payable and may commence foreclosure of this Mortgage by judicial. proceedings; and, prorlalad las er, daftuit the Mortgagees, or a receiver appointed by a court. my at its ompAtion amt without trpr 1 to flee le e security, order upon and take possession n of the Property and collect mats, and lam a r first to � cost of collection and operation of the Property and the upon the Yinde acid rents, issues and profits being assigned to the Mortgagee as further security for the payment • of the -In secured hereby. 10. Transfer of Property. If ail or any part of the Property is sold or transferred without the express written can. sent of the Mortgagee, Mortgagee may at its sole option, declare all sunm secured by this Mortgage to be immediately' due and payable. 11, Future Advances. 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 roncurrentiy, independently or successively. (c) The covenants and agreements contained herein shall bind, and the rights inure to, the respective successors and assigns of the Mortgagor and the Mortgagee. (d) All covenants and agreements of the Mortgagor are joint and several. (e) The besAngs of the paragraphs of this Mortgage are for convenience only and shall not be used to inter- pret or define the provisions hereof. 18. 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 the J1 day of August 19 87. Melson— sen) Borrower Ste L Hu n) Borrower State of Nebraska, Hall County ss: \ On this 17th day of Au-- uGust 19_BZ, before me, the undersigned, a Notary Public andy commissioned and qualified for said county, personally came Sally K _ Melc_on —Husen and Steven I Hunan, hushand and wife , to me known to be th V Identical person(s) whose name(s) are subscribed to the for,-going instrument and acknowledged the execution thereof to be their voluntary act and deed. ,N Witness my hand and notarbd"at Grand island. Nebraska in said county, th �� date aforesaid. My on expires: tl_l]l.� No le v t (apace arrow This Una nesereed For Leader lead Recorder) mot: 'i yy r