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F M#w pawtwwv ,WO.. UM GVVVW VW VW", 0"44 ""r ff""M W woewwwww secured hereby and bec6aw "subject to the lion hereof. Mortgages I It may do or omit to do hereunder. the men" hereof, and upon. uTtgn1we 006WOR, may covonasit, 40 OAUUIO, at 1444016 opUon and without notice, to "dare a" suma secured by true mortgage so be unmoaaw autwo payable and'may commence foreclosure of this Mortgage by judicial proceedings; and - provided further, that upon such daholt thi Mortgagee, or a receiver appointed Inted by court, may at its option and with;;i regard to the adequacy of the secoft�enter upon and tab possession of the Property and collect the rents, Issues and profits therefrom and apply them ' AM toa, *a each of collection and operation of the Property- and thew uptm the indebtadness,sec and isy,61aMosippe-, s4d rents, Issues and profits being assigned to the Mortgagee as further security for the payment of the Indebtedness secured lemby. 10. Transfer of Property. If all or any put of the Property is sold or transferred without the express written con- sent of the Mortgagee, Mortgagee may at its sole option, declare all sums 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 Modgagor. 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 forebearence 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 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 headings of the paragraphs of this Mortgage are for convenience only and shall not be used to Inter- pret or define the provisions hereof. I& Release. Upon payment of all sums secured by this Mortgage, Mortg shall discharge this Mortgage and 'shaft execute and deliver a satisfactory release therefor. IN WITNESS WHEREOF, Mortgagor has executed this Mort e d�ap(f Anw,-, 19 R7—. (i E. �l Boirower, (Barbara J. Clinch) Borrower State of Nebraska, H;41 I i secured ss. On this 10th day of August_ —1987, before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came John E. Clinch and Barbara J. Clinch, Husband & Wife , to me known to be the Identical p'e , mon(s) whose name(s) am subscribed to the foregoing instrument and acknowledged the execution thereof their to be voluntary act and deod. Grand Island. NE Witness my hand and notarial seal at in said county, the data afore d xotarrrub (Sftc* 94ow This Lim Reserved For Lndor and Re okl-Y GO M Z' a, A«e �7