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7. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain,the Mortgagee <br />is empowered to collect and receive all compensation which may be paid for any property taken or for damages to 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 />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor <br />has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor <br />agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and any sums so expended <br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee <br />shall not incur any personal liability because of anything it may do or omit to do hereunder. <br />9. Default; Assignment of Rents. Time is of the essence hereof, and upon Mortgagor's default in any covenant <br />or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall <br />cured by this be entitled, at its sole option and without notice, to declare all sums) pros edings; and, provided further, thatlupon such <br />payable and may commence foreclosure of this Mortgage by j of the <br />default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy <br />security, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them <br />first re the cost of collection and operation ed to the Mortgagee and <br />s further security indebtedness secured by <br />payment of the tindebtedness <br />e <br />said rents, issues and profits being assign <br />secured hereby. <br />10. Transfer of Property. If all or any part of the Property is sold c 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 nadvoant o ft s <br />Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory <br />secured by this the indebtedn <br />stating that said notes are secured hereby. At no time shall the principal amount of <br />the original Note <br />Mortgage, not including sums advanced to protect the security of this Mortgage, <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 be exercised concurrently, independently or successiveiv. <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 %lortgage, Mortgagee shall discharge this Mortgage and <br />shall execute and deliver a satisfactory release therefor. <br />IN WITNESS WtIF.REOF, Mortgagor has executed this Mortgage on the . qth da , f Qr_t0b2­r- <br />(Gary; L. TGrnp) <br />(Janie C. Trump) aorrowcr <br />state of Nebraska, __H.aJ1_._._.-- _. --- --- <br />._County ss: <br />On this day of <br />19_85._, before me, the undersigned, a Notary Public <br />duty commissioned and qualified for said county, pe <br />rsonally came __GSr- y--- L- . -Sr„me and ldtli� rC Trump. <br />to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof <br />to be ___.,.- voluntary act and deed. <br />witness my hand and notarial seal at - .- _GY011s�- island. N.ek�ra k�.- _ <br />in said county. the <br />date aforesaid. <br />My Commission expires: <br />` - <br />_e Notary punuW <br />trrved For LeHfer arwl neudrr <br />lw l.lnr Rr (Space nelw 'Ih - <br />4 1 <br />w. <br />�'i <br />