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(o) That in the event any awards are Made to the Mortgagors or their successors In Interest for taking or damaging
<br />by the exercise of emInen't domain 'he whole or any part. of !1ir mortgaged premises or any eaSLIMElnt therein, the said
<br />awards are hereby assligne! to !tie Mortgagee; the Mortg,'r hereby authorized to collect, receive, and receipt
<br />ee is he
<br />therefor and to apply the same in payment of any Indebtedness, InOlturati or nrimatured, Secured by this mortgage.
<br />,7) That In the event Mortgagor= default lit the payment of said principal sum, or of rLiy Installment thereof, or
<br />of any Interest thereon, at the time when the same shall be due, or with respect to any covenant or condition here-
<br />of, then, at the option of Mortgagee, this entire Indebtedness secured hereby shall forthwith become due and payable,
<br />shall bear Interest at the default rate described In said note, and the Mortgagee may Immediately foreclose this
<br />mortgage or pursue any other available legal remedy.
<br />fB) That In the event. action Is brought to foreclose tills mortgage, the Mortgagee shall be entitled to immediate
<br />possession of the mortgaged premises, and the court May appoint a receiver to take possession of said premises, with
<br />the usual powers of receivers In like cases.
<br />(9) ?fiat failure or delay of Mortgagee to exercise any of Its rights or privileges shall not be construed as q
<br />waiver thereof: that any act of Mortgagee walving any specific default of Mortgagor: shall rot be construed as a
<br />waiver of riniv future defaults: that In (lase of default In the payment of any amortization Installments or Interest
<br />or In case of payment by Mortgagee of any Ilen, judgment, tax, lnslirl';qrp, cost or expense, or rents, reel; or charges:
<br />said Mortgagee shall have the prIvIlege, without declaring the whsle indebtedness due and payable, to foreclose on
<br />account or such speclflc I Pfault rot, such suml,. as are In. default �ril such proceedings may bil had aric,
<br />the lqr.-,l described htreln Illy be -cll, subject to the unpalul hereby I.r.1 this mortgage ::hail:
<br />contlnje as a lien for any h%jAnce.
<br />1:11 71111kit. the tv!Drtgagee May oxtpn.! and defer the Maturity or �'TILI !rli3s an 1 reamcr'lle release
<br />Cr ' 'm i"'billty any party llanl-? thereon, and release from the lion hereof 'ortlons rf the Property covered hereby,
<br />P P
<br />IvIth-.12t affeotiln;� the pr!orllty �ieroof or the !IabIllty of mortgagor.�, ;)-. any other party for the payment -'r salA
<br />In-lelitednoss, all such er.tenslnns, deferments. renewals, and ritlemortizatlons to be secured hereby.
<br />7•uisfer of Security. it. li: ::Freed beleimn the parties hereto, their neirr. ',gal r ItIj,-:, -nd
<br />t'.-it rhe :nteolrlty and re.,pnr. °1bllllty .)', th. M'crt H:Ors ows'_tutps, consIderatIrn for the note Se2%T'L!
<br />tt,reby and tll%t. in the ven, r.e :."pii, TZ7111: ',Qr, (11' 'OnVe,' Ill](- TCperl.'iT lle.-7crlbed lie-eill. the
<br />Tay 1- Its ,ftjcirj .f lire the !llmeill,ltely luc. and sayable :tn'
<br />.111 the en-
<br />it.� right_," 'IS ether In ['110 )f thp rio!.e 'Ind Mortgage.
<br />of pro ve:!' '.et. over. tnl convey to Morl.-�
<br />lwee u-11
<br />n mr!
<br />roy-t.'PS, '_)c U��e-" an,! y 'rnm t.ec!o7e 1up an! ;_riy3blp in-iCler qny',311, ga.!,
<br />lease Of 42',_ K,1!! 1 70 -
<br />ITI llit�j !cvering the :,b ove 1 ancl
<br />All Indlebtedness, .�oiure.d �ere"Y.
<br />may at It" n, ITT r In,! le1 in lnrerecr''ntyor, all
<br />h
<br />.a,: a i tnsut ,e .1 ..d Le
<br />'nY
<br />rtgagr ol rent�%
<br />n "r t,�Ic r: ;n ?r 'ne Mort-
<br />r lent :iw il;age 'n !%Il
<br />or "E—crd. tlils shall
<br />qjlar
<br />7
<br />77- CL
<br />Ruben E. Meier
<br />am
<br />C
<br />Oyke -A. Meier
<br />_-Nebraska
<br />Hall
<br />-- ----- --- Ruben _E.Meier and Joyce A. Meier, husband and wife,
<br />lip. .__
<br />31
<br />D*Mft J.
<br />• !A:
<br />ki J,
<br />411
<br />14
<br />I I d
<br />j
<br />0
<br />
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