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86107507
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86107507
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Last modified
10/18/2011 10:51:17 PM
Creation date
3/31/2008 3:50:50 PM
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DEEDS
Inst Number
86107507
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tttbi huperty,oramypartthereof, shHl betaken by eminent domain the Me <br />i property soda <br />O gee, or a receiver appointed by a court, may at its option and without regard to the ads <br />pon and take possession of the Property and collect the rents, issues and profits therefrom an <br />of collection and operation of the Property and then upon the indebtedness secured by thi <br />i and profits being assigned to the Mortgagee as further security for the payment of the <br />we <br />Rty <br />ad <br />arch . <br />secured hereby. <br />10. Hamster 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 />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 ProvisionL <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 law or equity, <br />and may be exercised :oncurrentty, 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) Alt covenants and agreements of the Mortgagor are joint and several. <br />(e) 'Me 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 satisfactory release therefor. <br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the 3.QtMay oof) DerambOr ,19 Bfi_. <br />(v <br />(Stephe3r " Ca rey) noiroWe: <br />(Maxine D, ffr ) <br />State of Nebraka, gall County ss: <br />On this 30th day of _ Dp fambor 19 —a&, before me, the undersigned, a Notary Public` <br />duly commissioned and qualified for said county, personally came Stephen F. Caffrey and <br />Maxine D. Caffrey to me known to be the�C�r <br />Identical persom(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof (�� <br />to be ^their voluntary act and deed. <br />Witaoii my hand and notarial seat at Grand Island. Nebraska _ in said county, the V <br />date aforesaid. <br />M-s Commission expires: \ <br />Notary rwwic <br />to <br />For Leader aed Recorder) - -- <br />^} <br />th f, <br />1 <br />_ <br />L^ <br />M <br />tic <br />2 <br />4 :i <br />UW <br />wawa read iflrs no s!aa <br />
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