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7. CORdMONIM 10 the evert the Property, or any prat thereof, shall be taken by eminent domain,the Mortppe
<br />is tar eo§ectsad missive all 00111pensadom which maybe paid for any property taken or for damages to property
<br />not takes, and Mtovli a shall apply such m meuoa, at its option, either to a reduction of the indebtedness secured
<br />r keorby ce #u impair and vestom the property so
<br />I & ?r[grraaNae 119 Mor1110100. l 104SWe rte, but snarl have no obligation, to do any act which the ldortptor
<br />bas Weed W talk to do, and WortpVc may 81190 do my act it deers necessary to protect the lien hereof. mortplor
<br />Won to piny. UPW demand, any mm so expended by the Xortgyee for the above purposes, and any sum so expended
<br />by dor Iigoei/yee ahall be added to the indebtedness; secured hereby and become subject to the lien besreot iiottpgee
<br />doll not incur say pe sormi habinty become ertanydmV it may do or offilt to do hereunder.
<br />!1>•igmnest of RONA . Tyne A of the essence hereof, and upon Aortpgor's *&ult m my covenant
<br />er meat of tkis Mortgage, including covenants to pay Sri due the sums secured by this Mortliage, the Mortppe shall
<br />be eastided, at its :sole optim and w notice, is declare all sums secured by this Mortpee:to be immediately dare and
<br />payable and'msy conscience foreclosure of this Mortaw by judicial proccedingr and, provided farthee, that upon such
<br />61111411t doe. Mortow, or a receiver appointed by a court, may at its option and without regard to the
<br />secu tty, eater upon and take pos emmast of the Property and collect the rents, issues and adequacy the
<br />AM is the cost of collection and operation of the Property and then u miners therefrom by and apply tins
<br />mice the indebtedness secured by this M(ortpgee;
<br />amid "Ott, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />seamed hereby.
<br />10. 'transfer of Property. if all or any part of the Property is sold or transferred without the express written con-
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mort" to be immediately due
<br />and payable.
<br />11. Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future advances to
<br />MortWor. 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 />aortpge, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />12. Mneellaneous Provisions.
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />(b) Ail remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exercised ^oncurrently, 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 shall 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 />shall execute and deliver a satisfactory release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the 14 day of Mar h __,19 B6_.
<br />(Lila M. Nunnenkamp)
<br />-- Eotroaver
<br />State of Nebraska, Hall ------County ss:
<br />1
<br />On this_ 14 day of. Marra, 19RA . before me, the undersigned, a Notary Public I
<br />day cwnra'axioned and qualified for said county, personally name i.; ' a TA N „nnajykam=
<br />to me known to be the
<br />identical b
<br />person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution ther+eofyv
<br />to be her voluntary act and deed.
<br />u?
<br />1PNa+es my baud and notarial seal at Grand Island roE
<br />in said county,
<br />doe aforesaid.
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<br />-� g�grnatlarrr- laaherrnlhsare �. �____,- ” ,,,%.
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<br />4 Ar. bgt. lint. it,191i rioserr rntdfc
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<br />CSIP- 1.Rime' ibis i.rae Reaenrod For Linder and
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