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7. Cosdimasoott. In the event the Property, orany part thereof, shall be taken by eminent domain,dw, Mom
<br />isempoire:adt000ge'ctasd raceiwe all 'conipeitaatTon xhkh may be paid for any property taken or for damages to properly
<br />r not: taken,'ari8
<br />All
<br />ortpgee shill apply st�cti compatu on, at ihs option, either to a redaction of the indebtedness secured
<br />bere47 or to NPiir sad tedoee.tbe Property w damged•
<br />& latanoasca by Mortgagor Mortlape may, but droll have no obligation, to do any act w bicb. the MortpiRor
<br />has 4asii 64t ""6 do,,and itortpprt may also`do any act it deems necswry to protect, theUen hereot;l[ort/xgor
<br />agrua to spay, ttpos: demand, any suataao expeeied by the lLOrtpapee for the aboire parpo�es, and any soma so ezpmdsd
<br />b7' the" Pin tp�se shai[" be added to the ;16debtedtuest secured hereby "Intl bei bstie eubjeet to the iii horror: lLortp�e e
<br />skaM.uot isqu asy personal liability because o[ s it may door omit to de liereitnder.
<br />Dedatlf,'AaririfOBtegt of i:.a:. ''Time it .of lice adettoe hereof, acid'Upoa' iAroitpapols defwlt, In angeovsarrat
<br />arapweaento[#his lfantpge, including covenants to pay when' due the sums secured by this Mortgage; the Mortgagee shall
<br />be entitled, ale its sole option and without notice, to der, are oil sums secured by this Mortpe to be Immediately due and
<br />psyabk and may commence foreclosure of this Mortgage by judicial proceeding; and, provided further, that Upon such
<br />defaalt 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 />list to the coot of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rents, learns 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 coa-
<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 />stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />12 Miscellaneous Provisions.
<br />(a) Any rorebearance 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 law or equity,
<br />and may be exercised ^oneurrently, independently or successively.
<br />(c) The covenants and agreements contained herein shall bind, and the rights inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d) All covenants and agreements of the Mortgagor are joint and several.
<br />(e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter -
<br />pret or define the provisions hereof.
<br />13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />shall execute and deliver a satisfactoy release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on thei*7day of .�11,c— 19
<br />(M All��
<br />�n7 8o:rower
<br />Tea nos
<br />(J to I. ) Borrower
<br />State of Nebraska, Hall County ss:
<br />On this day of 19_, berore me, the undersigned, a Nctary Public
<br />duly commissioned and qualified for said county, personally came M_ Allen Tampki nc and Jan; m ?
<br />7?otr�icins to me known to be the
<br />Identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof, i
<br />�e� J
<br />to be their volun!iry act and deed. e
<br />Witness my hand and notarial seal at Gram Isl.apdj4 NE f i i2in said county, the
<br />date aforesaid. r
<br />W on: expires: J i� — ,/ L - `, ✓� ��w ° Z
<br />,,,
<br />� (99aoe Below 'rb!► I.fne RefeerM For [.ender and Recorder) - � �i �.
<br />L
<br />+q N l -mot
<br />+ears taN r�en lob s,rro
<br />
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