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ut thereof, shall be taken by eminent domain. the mortgagee r, be Paid. for any. Property taken or for dame es to property is option, either to a reduction of the indebtedness secured W bare no obligation, to do any act which the Mortgagor . t it deems necessary to Protect the lien hereof. Mortgagor u, airy sroms so expensed by the � for the,above; Purpoeei, and any suns so expended by the lgortC ahap be' aridea to the indebtednes secured here ' and become subject to the lien hereof. Mortgagee y persons liability because `of anything it may do or omit to do hereunder. shall not' an 9= Do( Ault Aasigp at'of:Raats Bate b of the essence hereof, and u orageeeiment of thisM Including ovenants to pon Mortgagor's defwlt in any ooretunt be�wttitied, ' its sole g Pay when due the suns secured by this Mortgage, the Mortgagee shall sad without R otice,�to declare all sums secured by this Mortgage to be immediately due and pa—y" and rosy commence forociosure .of this Mortgsge by judicial proceeding: def and, provided feather, that upon such ault the Mortgagee, or a receiver ' appointed by'a court may at its option w d without regard to the, adequacy of the security; enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them auto the cost of collection and operation of the Property and then upon the indebtedness secured by this Nlortg ; said, Teats, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 10. 7iansfer, of Property. if all or any part of the Property is sold or transferred without the ex , sent of the Mortgagee, Mort P written con- gages may at its tole 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 Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes statingAhat 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 arc distinct and cumulative to any other right afforded by law or equity, and may be exercised roneurrently, 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. 13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee sha11 discharge this and shall execute and deliver a satisfacto-,y release therefor. Mortgage IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the 9thday of June 1g 86 D(RVI IIdpLF1lwr ANY F. Grant Falmlen /J ® nouowm rite bi. Falmlen norrawer State of Nebraska, Hall - -- County ss: On this_ 9th day of __June 19 , before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came F. Grant Faltfilen and Marguerite M. Falmlen to me known to be the idetrtical person(s) whose names) are subscribed to the foregoing instrument and acknowledged the execution thereof to be_ their voluntary act and deed. Witness my hand and notarial seal at Grand Island, Nebraska date aforesaid _in said county, the ` / D P MyCAinmasion r �tMtt�lMr— aeseewsslrarlr �� ;�`� (. 'Q'` -r!' �- .��'°?�•�, 1MRY C. Gl7i0E$ Noeary PuWfc y OF Owem. ErM1 1Mr. 26 f!! — (Space ad" 7hW um. Reserved For Leader and Recorder) - - - -- �.— I t�NRC91e6+.z�ifY.�4a e; M1 —.i V, +r1 ._