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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 maybe 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 />bereby or to repair and restore the property so damaged. <br />I It hrformance 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 />shaM 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 />oragreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall <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 />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 ,hall 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 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) All covenant.% 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 u, inter- <br />pret or define the provisions hereof. <br />13. Release. Upon payment of all sums secured by this M.:rigage. Mortgagee shall discharge this Mortgage and <br />Mail execute and deliver a satisfacto,l release therefor. <br />IN WITNESS WHEREOF. Mortgagor has executrd this Moriga ory the day of _LC 19 a'E!-__. <br />i' <br />;.3ar , P.. nono�er <br />STATE OF NEBRASKA, COUNTY OF .u_i 1u i sa: <br />the foreyo�r,y msv wnem .vas acknowledged before me INS. ^'��� _ q,�y Of _yet- .1�, �___ _ . ?5 ''� oy <br />Y7t'i2!'t /i.%�f�T ^_S 3P.G_.i :'G i+ �Nirr _ _a. _i1U3� ;'�C. ,ap.p -wife <br />FE <br />_ _ i <br />'y <br />_ KA1EN K i. � <br />.01 <br />TY OF _ .__ i as: <br />Tne 1wegoing instrument was acknowledged before nie this day u+ - -._ ._ _ '9_____ cy <br />a _ _ ��_._._ Corpoiation on bPhad of the Corporation <br />My commission expires - <br />nu.. <br />(Spar. M.— Thus Lin, H I —, [ e drr and H.. .... J -) <br />CO v C3 <br />°s <br />i <br />t4I <br />