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7.: Condemnation. In the event the Property, or any part tbereof, shall be taken by eminent domain, the Mortgagee
<br />Is empowered to collect and receive Ali compensation which may be paid for any property taken or for damage tc> property
<br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />S. performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />has agreed Out faits to do, and Mortgagee may Also do any act It deems necessary to protect the lion hereof. Mortgage
<br />allym to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and Any sutns'!so expended
<br />by the NortgApe,shall be added to the Indebtedness secured hereby and become subject to the lien hereof, Miurtgagm
<br />shall riot incur any personal liability because of anything it may do or omit to do hereunder.
<br />9. Default; Assignment of Rentr_ Time is of the essence hereof, and upon Mortgagor's default in any covenant
<br />or' meat of this Mortgage; including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shah
<br />be entitled, at its sole option and without notice to declare all sums secured by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided' further, that upon such
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />purity, 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 blurt
<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 waiver thereof.
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may he exercised concurrently, 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 />(dI 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 satisfacto.-y release therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the 9th day; __.1a.f111a y_, 19 $7
<br />(Robert G. Eversoll) Bo,rower
<br />(Jia y A. 4soll) lrorrowe=
<br />State of Nebraska, _.___ X111--__-._..___--_--- _..._____..__.------ ._ -___ -- -_County ss:
<br />On this __.- 9th ._.__-.day of.__JaanLaty __- ____ —__, 19_8.Z., before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came. Robert G__EVeX:go"nrj_Jl1rJ;r A _
<br />E ersoll, husband and - yltif�__________, -- _______.___.___— to me known to be the'_'?
<br />identical persons) whose name(s) are subscribed to the foregoiri, instrument and acknowledged the execution thereof y ��
<br />to be _— _- __LLLi:ei_....- ......._.___._ voluntary act and deed.
<br />Witness my hand and notarial seat at __Cerand._.Is and,._.NPb.Cds1SH,_.. -__:. _.__. _ -_.in said county. the �, z
<br />date aforesaid.
<br />My Commission rx fires: d I i I, n�t�1
<br />Notary Pubtic
<br />09"A WOW
<br />60% Es A* ais
<br />(spac,t net,aw 'Chia Line N.esened Nor Lender and Xecordm
<br />
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