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red <br />�,raww ww� uw .w�v.ww� ...... ..w..•y.. ..� �.,.»....� r.....00.....�., ....�sr.�..�..� .�.,... ...�. _r.........� <br />t tik Mortppe, or a receiver appointed by a court, may at its option and without regard to the adequacy of the <br />ate, der upon; a take possession of the Property end collect the rents, issues and profits therefrom and apply them <br />tlitstk to =,Etta cae6 of cdlection and operatiau o[ the Property and then upon the indebtedness secured by this ; <br />renti,.ksues and profits being assigned to the Mortgagee as further security for the payment of the Indebtedness <br />secured hereby. <br />10. Trader of Property. If all or any part of the Property is sold or transferred without the express written con- <br />mat of the Mortgagee, 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 />Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the original Note. <br />12. Miscellaneous Provisions. <br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof. <br />(b) All remedies provided herein ate distinct and cumulative to any other right afforded by law or equity, <br />and may be exercised concurrently, 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 Mortgage are for convenience only and shag not be used to inter- <br />pret or define the provisions hereof. <br />13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and <br />shill "execute.and deliver a satisfactoty release therefor. <br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the J_Ah day of A119-St ,19 82--. <br />J Kosinski <br />EdZ!rd <br />o • <br />• <br />(Lartrrq6 C. Kosinski) Borrower <br />State of Nebraska, Hall County ss: <br />on this 19th day of August , 19--BZ, before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Edward J _ Knsknski and Laraine C_ <br />K(asinski_ husband and wife , to me known to be the <br />Idetow parson(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof <br />ta.bb. their <br />voluntary act and deed. <br />Witness my,hand.and- notarial seal at Grand Island, Nebraska in said county, the <br />„' Itiy expires:. ,1fi�l' siskm9fate sI Nirtsw AlX i1' <br />Notary Puhrie <br />(space Wow This Line Reserved For Leader and - Recorder) <br />di <br />LLs <br />la.. <br />t 0 <br />WOO :. <br />Notary Puhrie <br />