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T, Condemnation. In the event the Property, or any pars thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered to collect and receive all compensation which may be 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 />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />Agrees to repay, upon demand; any sums so expended by the Mortgagee for the above'purposes, and any sums 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. Time is of the essence hereof, and upon Mortgagor`s default in any covenant
<br />oragreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shalt
<br />be entitled, at its sole option and without notice, to declare , all sums secured by this Mortgage to be immediately due and .
<br />foreclosure of this Mortgage by judicial proceedings, and, provided further, that upon such
<br />payable and may commence
<br />default the- Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the .
<br />'security; enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them
<br />first 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. 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 Mortgage to be immediately due
<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 notes
<br />secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />stating that said notes are
<br />Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />12. Misce_ Uaneous Provisions
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof,
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by lawor equity,
<br />and may be exercised _oncurrently, Independently or successively.
<br />(c) The covenants and agreements contained herein. shalt bind, and the rights inure to, the respective,
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d) " Ali covenants and agreements of the Mortgagor are joint and several:
<br />(e) The headings of the paragraphs of this Mortgage are foreonvenience only and shall not be used to inter -
<br />pret or define the provisions hereof. ., .
<br />13, Release. Upon payment ofiail sums secured by this Mortgage. Mortgagee shall dischaW this Mortgage and
<br />shall execute and deliver a satisfacto ;y release therefor.
<br />W WITNESS WHEREOF, Mortgagor has executed thls,MOrtgage- -eit theA day of 19 .
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<br />ska -- County ss:
<br />State of Nebra -_ -�
<br />19� bef m me, t e undersigned, a Notary Public
<br />On this _ C1_____ day of . ,
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<br />d rorumissio d and quatifred. for said county, pexsoaa0y came..r
<br />to- me known to be the
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<br />i tics[ pets (s) whose els) are subscribed to the foregoing Instrument and acknowledged the execution thereof
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<br />to be .....� voluntary act and deed.
<br />- Witness 'my hand and notarial" in said county, the
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<br />date aforesaid.
<br />My Commission expires:
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