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T. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />isempowcred to collect and receive all compensation which maybe paid for any property taken or for damages to property .
<br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the Indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />S. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />c has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortpgor
<br />agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and any same so expended' _
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee "
<br />shall not incur any personal liability because of anything it may do or omit to do hereunder.
<br />9. Default; Assignment of Rents. 'note is of the essence hereof, and upon Mortpoes debult; in any covenant`
<br />oragreement of this Mortgage, including covenants to pay when due the soma secured by this Mortgage, the dloetl"w shag
<br />be entitled, at its sole option and without notice, to declare all sums secured by this Mortger to be immediately ti* and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, prodded {arthet, that npvo such
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without xprd to the adequacy of the
<br />security, enter upon and take possession of the Property and collect the rents, issues and pro to therefrom and.appily them
<br />flat to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rents, Issues and profits being assigned to the Mortgagee as further security for the payment of the Indebtedness;
<br />secured hereby.
<br />10. Trander of Property. If all or any part of the Property is sold or transferred without the express written con-
<br />Seat of the: Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mnrtgagr to be immediately :
<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 voter,,
<br />stating that said notes are secured hereby. At no time shall the principal amount of the Indebted nos seemed by this
<br />Mortgage; not including sums advanced to protect the security of this Mortgage, exceed the original !Vote. -
<br />12: Mocellaneous Provisions
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />(h) All remedies provided herein are distinct and cumulative to any other right afforded by law ar equity, "
<br />and may be exercised roncurrentiy, independently or successively.
<br />(c) The covenants and agreements contained herein sha0 bind, and the dots inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d) All covenants and agreements of the Mortgagor am joint and several
<br />(e) The headings of the paragraphs of this Mortgage are for convenience only and shall not he used to later-
<br />pret or define the provisions hereof'
<br />13. Release.' Upon payment of all sums secured by this Mortgage, Mortgagee sho . discharge this MOdI P and
<br />shall execute and deliver asatisfacto v release therefor.
<br />IN Wiz' Ess WHEREOF, Mortgagor has executed tttia IiFortgage on the - clay of Awgust 19 $fi
<br />n 1 : e TwaosR-
<br />a
<br />State of Nebraska, —Adams ��County as:
<br />on this 26th _...__ _ day or __ August 19-BfL , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally camehn J. t3adP and V irCinta M
<br />Bode, husband and wife to me known to be the
<br />Identical personas) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution "hereof
<br />to be . "their _ voluntary act and deed
<br />Witness my hand and notarial sysl at _Hastier s Nebraska in said county, the
<br />date sforessia:. - - -
<br />i`
<br />My commission - spires: i -lit ,af
<br />F am AM
<br />Cr) .- .._.h.,. G" -- tsp.- 1W.- 'rho t.tar RaMrraA F- i..eaAer sad. 8+¢arder)" -
<br />tyi .
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