Laserfiche WebLink
i <br />86- 1. X7242 <br />`;. Mortgagee may, -butt shall have no obligation, to do <br />any act rahi ch tt,e Mor-t:gagcir has agreed but fails t'.o do, and <br />Mortgagee may also do any act it deems necessary to protect <br />the lien hereof. Mortgagor agrees to repay, upon demand, any <br />sums so expended by the Mortgagee for the above purposes, and <br />any 'sums so expended by the Mortgagee shall be added to the <br />indebtedness secured herby and become subject to the lien <br />hereo *. Mortgagee shall not incur any personal liability <br />because of anything it may do or o +nit to do hereunder. A <br />6. Time is the essence hereof, and upon Mortgagor's <br />gagor' s <br />default in any covenant or agreement of this Mortgage, x <br />including covenants to pay when due the sums secured by this <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 webs <br />g 9 y' f Y- Y <br />foreclosure of this Mortgage by ;udic_ =,1 proceedings; and, <br />mul <br />provided further, that upon such default the Mortgagee, or a <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 the Property and then upon the <br />indebtedness secured b,,/ this r1ortgagc; said rents, issues and <br />profits being asaigned to the Mortg_klee as -further security <br />for the payment of the inj_btedr,ess sec;_•ej rlr_rety= <br />7. if all or any the propert, is sold or- , <br />transferred without tt:e e>,r,res written; consent of the <br />Mortgage =., Mm-ty a ee may at its "uiel option. .declare all sums <br />secured by th Mortgage to oe i-itmeciatel.y due and payable, <br />c � <br />C. AnV Tor,ebearanow in any right or remedy <br />shall not be a naive•- thereof. <br />g. All remedies provided herein are distinct and <br />cumulative to any other right afforded by law or equity, and <br />may be exercised concurrently. independently or successively <br />10. The covenants and agt cements contaz.ned herein shall � <br />bind, and all -zghts .!-;I_ +re to, the respective successors and <br />assigns of the Mortgagor and t1he Mortgagee, <br />11. All covenants and agraa•,nec,ts of the Mortgag:!r and ` <br />the Mortgagee are joins and several. <br />12. Upon payment of all su+r,s Secured by _his, Mortgage, <br />Mortgagee shall discharge this Mortgage and shall execute and <br />deliver a satisfactory rslease therefor. <br />1N WITNESS WHEREOF. Mort has executed this Mortgage <br />on the �� day u- _���2�r+�►n 19�?� <br />Car M. Mieth <br />ar�tstee of the�Stuart W. Mieth <br />STATE OF NEBRASKA, — Hall----- - - - - -- County ss: Trust <br />Th foregoing instrument +Nas acknowledged before one this <br />by Carol M_ _Mieth�_______ <br />a si °e:womao , ____ —_ <br />- -- ■ - - - - -- -- - - - - -- ------ - - - - -- <br />i.; <br />v Pub c <br />STATE OF NEBRASKA, HALL CO ss: <br />` The foregoing instrument was acknowledged before me this <br />by Carol M. Mieth Trustee of the Stuart Mieth Trust. <br />y FUb1 I s..:t <br />