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<br />r <br /> <br /> <br />L <br /> <br />o <br />.., <br />'Cl <br />t: <br />III <br />Cl <br />t.l <br />C <br />I'll <br />I. <br />.c <br />e <br />::l <br />(J <br />C <br />Cl <br />I. <br />o <br />C <br />" <br />..... <br />M <br />I. <br />II <br />J: <br />.., <br />o <br />J: <br />t.l <br />::l <br />.., <br />'" <br /> <br /> <br />!' <br /> <br />84......006-64-! <br /> <br />the <br /> <br />22. That the rights and remedies herein provided are cumulative and Morl&agee mayrecOYef jud8-ontlle~li. <br />galion secured hefeby, ISSue execution thefefOl and resort to every othef right or remedy available allaw or inequitv~fi:al <br />exhausting the security or any righl or remedy afforded by this Morl&age and no enumeration of special riIlMsor~~1IIlder <br />shall be construed 10 limIt any granl of gellefalrighls 01 powers hereunder or deprive 01 limit Mlrl&. of lIIlYllllllatl r_PfIted <br />under the laws of the Slate of Nebraska. <br /> <br />23. That all right, title and interest of lhe Mortgagor in and 10 all leases alfeclilllthe~~: <br />oil and gas leases logether with any and all further leases upon all or any parI ollhe said mortgaged premisesjmt <br />the lents, income, receIpts, revenues, issues and prolils from or due 01 arising out of Ihe said mortgaged prellIiseshaft', <br />and mi,ned slmullaneously herewltt. 10 the Morlgagee as further security for the paymenl of lhe said indeblednlls$ ... <br />a certain Assignment instrUlr.enl 01 even dale herewilh executed by Mortgagor and to be recorded simultanellllSly hef.itlfit1letllllllS~ <br />covenants and conditions of which are hereby expressly incorporated herein by reference and made a part hefeof. willi t1lesamefGra <br />and eUect as tholl,h lhe same were more particularly set lorth herein. <br /> <br />24. That should the proceeds oIlhe loan made by the Morlgagee 10 the Mlrl&aaor, lhe repayment of wIliclI is hefelIy <br />secured, or any piIl'tthereol. 01 any amount paid oul or advanced by the Mortgagee. be used directly or indirectly to payllff, disc. <br />or satisfy, In whole 01 i~ pal'1, any prior lien or enr:umbrance upon said premises above described, OIl11ly part thereof. tllelI t1le'~ <br />shall be subrogated lo,4iiy additional security held by the holdef ot.:J~XIMC~'" thereof and shall have <br /> <br />benefi t of all f:E ~~rttgaiee, without notice, and without regard to the consideration, if any, plIid therefOl.lIIldllObritllstllllllll& <br />the existence at that time of any inlerior liens thereon, may release any part of the security descrilled _ill or any personlillllJlefOl" <br />indebtedness secured heleby I without in any way affecting the p'iOlity of the lien of this Mortgage, to lhe full extent of tile illdellh'l!II .. <br />remaining Ullpall! hereunder I upon any part of the securily not eXPlessly released and may agree with any party obl_ on_~ <br />ness or havini any interest in the security described herein to extend the time for paymellt of any part or all of t1le ~__ <br />hereby. Such agleement shall not, in any way. release or impairlhe lien hereof, but shall extend the liell hmeol as agaillst t1letitfe of all <br />parties havlOi ally intmest in said security which interest is subjecllo said lien. <br /> <br />---'- -26. ,!otl:!e,elmnt .ttle..MQ[liagnJ.a)..le.leAm..n.atarell.iil...ooX-llJ!l.olJ!!t,l~l,l[itY,~l~_herlll.l!~!I!!. <br />liable lor any inde!lledness secured hereby; (bl grants an extension of time for any payments of the debt secured hereby; (c) tIkes <br />othef 01 addiliOl1lI security for lhe payment thereof; (d) waives 01 fails to uefcise any rijM wanted hef.i11 01 in said prcmitlllrY Ncltt, <br />said act or omissio., shall not release the Mortgalor, subsequent purchasers of the said plemises cr any part thertof, 01'" or <br />sureties ol thi$ Mortgage Of of said plOmissOfY Note, under any covenant 01 this Mortlallt or of said promissory Ncltt, IICIf l"C1udt till <br />Morlg3iee from exercIsing any right, power Of privilege herellllfanted Of inlenderllo be granted in tile event of any otller defllllt_ <br />made 01 any subsellUllnt delault. <br /> <br />27. To give immediate ootice by mall 10 the Mortgagee 01 any conveyante, transfer or chance of ownersllill or of <br />occupancy of the premises. <br /> <br />28. That nothing herein contallled nor any transaction related thelelo shall be construed 01 shall so lllJIIatt either <br />~esently or prospeclively, (a) to reQuire Mortgagor to pay Interest at a rate greaterlhan IS now lawful in such case to cOlltrlet fcr, <br />bu1 shall reQUIre payment 01 interest only to the exlent of such lawful rate, or (blto reQulle Mortgagor 10 make any payment or do <br />any act centrary to law, bul if any clause and prOVISion herem cOl1tamed shall othefWlse so operate to invahdate this Mortgage, in <br />...hele 01 III lilIlt, then such clauses and prOVISions only shall be held 101 naught as thOllgh not helem ccntainfd and the remainder <br />ollhls ~.IOltgage shall remain operallve and In lull fOlce and effect. <br /> <br />29. That 10 lhe edent permitted by law w,th respect to the debt secured heleby 01 any renewals or exlanslons <br />thereof, MOItgagor Jomlly and severally wal~es and renounces, each for hImself and family, any and all homestead and exemption <br />l.gMs, LnOel or by ~lItue of the conslltlltlon and laws of the State 01 Neb13ska OJ 01 any ether slale or of the United States, now <br />eKlstmg 01 hereafter er.acted. <br /> <br />o <br />... <br />-- <br /> <br />30. ThaI !.IOllgager wllhlll" days upon lequest by mail shall execule, ackoowledge and deliver to Mortg~ I <br />S?clIllfy Agreemenl. Flnancmg StatE,menl or other s.milar secUlit.( Instrument, m 101m satisfactory to the Mortgagee, C\lVerillllall <br />,;ojlerly, of any kind whalsoever m'med by the Mortgagor. wh.ch. In the sele OplOlon 01 Mcrtgagee, IS essential to the op!!rahl1ll 01 tile <br />mo;tgaged premIses and concernmg which there may be any doubt whethel the trlle to same has been conveyed by and illCh~ed witlllfl <br />PHS r.~(;Ilgage Ufldellhe laws of the State of Nebraska and w,il ftNther eKecute, acknol'iiedge and deliver any flOancmg sl~tement, <br />a:lidivlt, centlOuatlOll state';'.enl Of certllrcate 01 other docu:;,f.n! as Mortgagee n:ay leqUl'st \0 o1\ler 10 perfect, prese/VI, maintalll, <br />con!lnuf. and e~lend the ~ecullly ,ntelesl under and the pl1{)lIfy of soch secllllty InStlllment. r.kirtglliiOl fUlther agrees 10 pay to <br />r.IOllgil/iel on clemand all costs and ~Kpen5es rncult~d by t,\cltgagee !n cG',e<ectlon ""lh the plera;atlon, CKecultoo, reCOIdmll, IIltllll <br />alld lellling ill any Sl.'C11 dctument. <br /> <br />Ii! <br />tI <br />... <br />. <br />",. <br /> <br />31. TIIa! the plOIJlJfly "ereltl "v,lg,lged belilg ;ceated m ltle Slate oj Nebla;~J lhrs t.\ol\gage ,lnd Ihe IIghls and <br />inlltble!,lness hereby seclJied Shall. V.rlll01lt HlgMa 10 the pi,ICe of [cltraclol payment. lie cC41,lwed and enfoICed ,1CWOlilg 10 the <br />laws 01 such stale. sent certifi",d ~ai1 or rer>,isterel1 mail, <br />,tl"eturn recei pt r(,,(l1.le<;t'ed <br />32. n-l,l~ 1he maIling of a \'.f:tt~t'l tlo1!ce u ~e:'.Jf1Qf.J(~~rt."$Scd 1,) n;~ c.vn'N of r~(~lJ &ttne F~Ntg3i~ p'cmt$eS, Of <br />olleclell tlt!he said ()Wl\;~ ill :h~ 1;"SI ;;ddress ,1CIU,liiy fu'nl~:;ed to I~e r,btiZagee, 01 cllcr:lcd tJ ~,,111 Ot,nel at said e,()Il~agcd ItfrlH!>eS. <br />Mlll ",~dell by the Urlllild .Slales I.'Hllls, '.hall be sulf'clenl nulite .vld ctem3nd HI ~11V C'~P :liOSIf'~ Irlde, thiS Inslrum~nt ~,1d IEqUIlet! by <br />1!lll!NC:VISloos hereof ()I by law, <br /> <br />33. ThJI Jii Ih~ (()'.efHlih I;~",;,l ",'1;111 I;ill V,,!!, IIw 1,1no, <br /> <br /> <br />,-.1 <br />