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Mod to the <br />"lity becal <br />Cot of RentA <br />including c( <br />A, shall be taken by entinent, domaill,the MortgW <br />I for any property taken or for damages to property <br />n, either to a reduction of the indebtedam secured <br />no obligation, to do any act which the Mortgagor <br />ms necessary to protect the lien hereof Mortgagor <br />t for the above purposes, and any sums so expended <br />and become subject to the lien hereof. MOAPW <br />emit to do hereunder. <br />reof, and upon Mortgagor's default in any efferimit <br />­—A t— o,;. U.. a." the Martsmssre shall <br />payable and may commenea foreclosure of this Mortgage by judicial proceedings; and, provided 111rUCker, Wat UpQD our <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 />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 forebearance in exercising any right or remedy shall not be a was— thereof. <br />(b) <br />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 Nlortgagee. <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. Mortr <br />gag.rf- shall discharge this Mortgage and <br />shall execute and deliver a satisfacto4 release therefor. <br />IN WITNESS WHEREOF, Mortgagor has executed this Mortg ao on the day of __ jams _r_Y_, 19 <br />x 1-2-877 <br />x 1-2-87 <br />Borrower <br />STATE OF NEBRASKA, COUNTY OF Z,' --------- )$a-* <br />The foregoing instrument was acknowledged before me day of <br />Robert A orr is__1d _Q M_Q ri- hua b ar _and 'wife- <br />�J - <br />Kam WIX" - Ing" d Rusts <br />KAREN M. NIEDFELT <br />UNTY OF <br />_7' foregoing instrument was acknowledged beinre me this day of <br />NO IA Ry <br />I <br />Corporation. on Ce ^all of the Colpoiatlon <br />cornmsssiorl expires ---- - ----- - ----- <br />. . ..... Th, it der and Recorder) <br />1.04 tIml� INC, MY , K <br />1%2-L_ by <br />N, <br />by <br />