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4i <br />6. Time is the essence h1--'reof.. Ancl upon Mor t <br />de-fault in any covenant or agreement Of this Mortgage, <br />including covenants to pay when due the suirts sec -cared by thit---3 <br />Mortgage, the Mortgagee shall be entitled, at its sole option <br />and without notice, to declare all sums secured by this <br />Mortgage to be immediately due and payable and may commence <br />foreclosure of this Mortgage by judicial proceedings, and, <br />provided -Further, that upon such default the Mortgagee, or Ek <br />receiver appointed by a court, may at its option and without <br />regard to the adequacy of the security, enter upon and take <br />possession of the Property and collect the rents, issues and <br />profits therefrom and apply them first to the cost of <br />collection and operation of t,,-Ie property and then upon the <br />indebtedness secured by this Mortgage ' ; Faid rents, issues and <br />pro-fits being assigned to the Mortgaget_- as -further security <br />for 6;_:-- payment of the indebtedness secured hereby. <br />7. if all or any part of the property is sold or- <br />transferred without the express written consent of the <br />Mortgagee, Mortgagee may at its sole option, (jeclare all sums <br />­r -9 payable. <br />_-cured by this Mortgage to be immediately due and paya I - <br />0. Any forebearatrice in exercisiftq ar,y right or remedy <br />shall not be a waiver the-reo+- <br />S. Alt remedies provided herein are distinct and <br />r-L,nula_l ive to arty otiket right .afforded by law <br />or equity, and <br />may be exercised concurrently. independently or successively. <br />It). The ccrienants and agreements contained herein shall <br />bind, and all rights inure to, the respecti• /e successors and <br />assigns of the mortgagor and the Mortgagee. <br />11. All covenants and agreements of the Mortgagor and <br />the Mortgagee are joint and several. <br />12. Upon payment of all '.5UfflS secured by this Mortgage, <br />Mortgagee shall dscharge this Mortgage -arid shall execute and <br />deliver a Eat is+actor,; release therefor. <br />!N WITNESS WHEREOF. Mortgagor has executed this Mortgage <br />on the oXq�day of W04i-ZlJ6... <br />STATE OF NEBRASKA, HALL County ss: <br />The foregoing instrument was acknowledged before me this <br />Notary PUb1iC <br />THOMAS A. fMERTOt <br />My CmaL EV, <br />00 <br />00 <br />rl <br />ZD <br />,-q <br />C= <br />V_. <br />GI <br />