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V%0 Ti%Pwav i 4. In the event the roperty, or an; ;:part thereof, snail be taken by eminent domain, the Mortgagee is empowered to collect and receive all compensation which may be paid for any property taken or for damages to Property not taken, and Mortgagee shall ,apply such compensation, at its option, either to a reduction of the indebtedness secured hereby or to repair and restore the Property so damaged. 5. Mortgagee may, but shall have n:; o iigation., to do any act which the Mortgagor has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect "the lien hereof. Mortgagor agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and any sums so expended by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee shall not incur any personal liability because of anything it may do or omit to do hereunder. t 6. Time is the essence hereof, and upon Mortg ?gor's default in any covenant or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall be entitled, at its sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such default the Mortgagee, or a receiver appointed by a court, may at its option and 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 first to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgage; said rents, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 7. If all or any part of the property is sold or, transferred without the express written consent of the Mortgagee, Mortgagee :Tray at its sole option, declare all sums secured by this Mortgage to be innnediateiy due and payable. 8. Any forebearance in exercisinu ,:ny ?just or reriedy shall not be a waiver thereof. 9. All remedies provided nerein are istinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successively. 10. The covenants and agreements _.entain; -d herein shall bind, and all rights inure to, the respective successors anc assigns -of the "-' ortgagor and the Mortgagee. 11 All covenants and a;reernents he ro tgaggr and the Mortgagee are joint and several. 12. Upon payment of all sums secured this -fortgage, `-fortgagee shall discharge this Mortgage and shall execute and deliver a satisfactory release therefor. IN WITNESS WHEREOF, Mortgagor has executed this %lo rtgage on the day of April 19 86 Doyle L. Hullme! Kay Hulme Y STATE OF NEBRASKA, Hall Count;; ss: On this % :fay of _April _ 1: 86 i;efor -, „e the undersigned, a Notary Public duly commissioned and qualified for ;,"d :runty, personally came Doyle L. Hulme and Kay V. Hulme, husband and wife to ;::e knorm to L)e the identical persons whose names are subscribed to tr;�: n� ;rin_; 'r:sTrunent and iCknowiedged the execution thereof to be their voluntar -: tart' rub is h• I