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7, Condemnation. In the event the Property.or any part thereof, shell be taken by eminent domain the Mortgagee is amporrered to collect and receive ati compensatioo whhich . may be paid for any property taken or for damages to property not taken, °add N/ortga(jee atiall apply inch ogrnPer�apon at its option, either to a reduction of the indebtedness secured hereby ote to're'psir and restore the property so n, to do any act which the Mortgagor damaged•- but shall have no obligation, 8. Pedree by 1Nocfpgar Mortgagee may, but protect the lien hereof. Mortgagor I cerna necessary p adyy�a� dby lfieaM6rtggee for the above purposes, and any sums so expended by tba 'Mort�a shall be added to the indel tiednas secured hereby and become subject to the lien; hereof. Mortgagee shell sot inuur any paesotial liability because of anything it may do or omit to do hereunder. 9: f)efsuk; Asalgament of Rents. Time is of the essence hereof, and upon Mortgagor's default in any covenant oraEieeinentaftitkMottgage including covenants to Pay when due the sums secured by this Mortgage, the Mortgagee shell be entitled, at its sots option and without notice, to declare all sums secured by this Mortgage to be immediately due and fore payable" and may commence eloaure 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 security, enter.upoci and take possession of the Property and collect the rents, issues and profits therefrom and apply t first to the cost of collection and operation Of the Property and then upon the indebtedness secured by this Mortgagee; said rents, issues and profits being. assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 1p 7Yartsfer of property. if all or any part of the Property is sold or transferred without the express written con - seat 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 4ortgagor, Mortgagee may make additional and future advances to Mortgagor, Such advances, with interest thereon, shell 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. MiscellaneoasProviasons. (a) Any fombearance 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. 'Me 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 slims %'cured by this Mortgage. Mortgagee shall discharge this Mortgage and shall execute and deliver a satisfacto:'y release therefor IN wiTNk SS tk't(FRFOF, Mortgagor has executed this Mortgage on the _ 1 t5l day of _- ,- s11Li_ - -. !9 86 - s (e) Borrower Jwnc. Stehli.k __. County ss: State of Nebraska. —__ �_-- --- -- --- -..----- — v, t9 _8fi., before me, the undersigned, a Notary Public ore this,._ls�.__.day of i3.y.--- - - - - -- i�rent L- duty and Jalljce Stehlik, �a duly commissioned and qualified for said county, personally came _.___— � - - - - -- ,{ HUSbatid and Wife _- .._---- _ -- --- - -. -_ . to me known to be the '.?. Identical personts) whose nametsl are subscribed to the foregoing instrument and acknowledged the execution thereof- h: is And nc r to be voluntary act and deet� ro �'r 4 k Witness my hand and notarial seal at <_' - =r -- —__.in said county, the �J v r date aforesaid . F My Commission expires. - - -- -r --- - -- --- .. N.WY Public'Sa "�-_ alwttstwrnr_ara. saws -._ , ..^yM- ..V._..NY- .... ». YtfO"i�v�!� Fteunetl h'or L:,a1rr wnd Attcrdxr f tY, . B g. `^'�xtk' tr�swt"riz�a r� g-atY"