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?. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee is empowered to collect and receive all compensation which may be paid for any property taken or for damages to property not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured hereby or to repair and restore the property so damaged. 8: Performance by Mortgagee: Mortgagee may, but shall have no obligation, to do any act which the Mortgagor has agreed but falls to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor agrees to repay, upon-demand; any sums so expended by the Mortgagee for the above purposes, and any sums so expended by' the- Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee shalt-not incur any personal liability because of anything it mry door omit to do hereunder. 9. Default; Assignment of Rents. Time is of the essence hereof, and upon Mortgagor's default in any covenant or agreement of This Mortgage, including covenants to pay when due the-sums secured by this Mortgage, the Mortgagee shall 6e entitled, at its sole option and without notice, to declare all sums secured by this Mortgage.to be immediately-due and payable and may.commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such default the Mortgagee, or a receiver appointed 6y a court, may at its option and without regard to the adequacy of the security, enter upon and take possession of the Property and collect the mats, issues and profits therefrom and apply them first to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee; said mats, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness secured hereby. 10. Transfer of Property. If all or any part oP the Property is sold or transfermd without the expmss written con- sent of the Mortgagee, Mortgagee may at its sole option, declare all sums secumd by this Ivfortgage to be immediately due and payable. il. Future Advances. Irpon request of Mortgagor, Mortgagee may make additional and future advances to Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory-notes stating that said notes are secured hemby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the origins! Note. 12. rdiscellaneous Provisions. (a) Any forebearance in exercising any right or comedy shall not be a waiver thereof. (b) Ail comedies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised roncutrently, independently or successively. (c) The covenants and agreements contained herein shall bind, and the rights inure to, the respective successors and assigns of the Mortgagor and the Mortgagee. (d) A-i covenants and agreements of the Mortgagor am joint and several. (e) The headings of the paragraphs of this Mortgage am for convenience only and shall not be used to inter pret or define the provisions hereof. 13. Release. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shall execute and deliver a satisfactory colease therefor. IN WITNESS wIIEREOF, Mortgagor has executed this Mortgage on the~1 / day of February , 19 83 Bo~rower- State of Nebraska, Ha11 _~ County ss: Borrower pn t}ris 17th day o[ February 19$3 ,before me, the undersigned, a Notary Public duly commissioned and qualified [or said county, personalty came Arnold C . Wean to me (mown to be the identical person(s) whose name(s) am subscribed to the foregoing instrument and acknowledged the execution thereof ~ ~ his voluntary act and deed. Witness my hand and notarial seal at Grand Island . CIF. in said county, the .date- aforesaid . My ('ommission espims: ~~-- ' i----'°" Noixry Public ~~~~ - V! LA') ~ , } 4 Q lP F ~ t ` - ~_~ ' Ica - :~ ..- 1 . t~rer ty,t ; fa~,.r t_x.. 1.~ NBi Ydaa 1r~8li ~' - (Space Blow ibis Line Reserved Far Lander aml Rmordar) . ~; a ... °-.:. {~ ~ ~' F ~ ~ `~ _ a e ~~ ;. i