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<br />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 whicb may be paid for any property taken 0' 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 />
<br />8:,Perlormance by Mortgagee., Mortgagee may, but shall have no obligation, to do any act which tbe Mortgagor
<br />has agreed 'but fails to do, and Mortgagee may a!sodo any act it deems necessary to protect the lien hereof, Mortgagor
<br />agrees to rep3Y, upon demand, any sum." so expended by the Mortgagee fo, the above purposes, and any sums so expended
<br />by the ,Mortgagee shall be added to the indebtedness secured hereby and hecome subject to the lien hereof, Mortgagee
<br />shallcootlncarany pel'Sonalliability'because of anything it may do or omit to do hereunder,
<br />
<br />9;' oet'ault; 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 />be entitled, at itS sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and
<br />pay1lbleand may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a l'eeelver appointed by a court, may at its option and without regard to the adequacy of the
<br />security, enter upon and take possesslonoftbe 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 />
<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. deciare all sums secured by this Mortgage to be immediately due
<br />and payable.
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<br />11, Future Advances. Upon request of Mortgagor. Mortgagee may make additional and future advances to
<br />Mortgagee, Such advances. with interest thereon, shall b" secu\'ed by this Mo'tgage when evidenced by promissory notes
<br />stating tlult said notes a\'e .ecured he\'eby, 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,
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<br />12, MisceUaneous Provisions.
<br />
<br />(a) Any forebl".araJlcf:> in exercising any right or remedy shaH not be a waiver thereof.
<br />
<br />Ibl All remedies proYided herein a\'e distinct and cumulative to any other right affo,ded by law or equity,
<br />and may be exercised ~nculW-ntly, inde-p~ndently or SUCN'ssi\'E>ly.
<br />
<br />(c) The coyenants and agreements eon tamed he\'ein shall bind, and the rights inure to, the respective
<br />succeSSOI'S and assigns of the Mortgagor and llIP Mortgagee.
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<br />(d) All covenants and agn>-errwnts of tilt' ~lortgagor an' Jowt and ::it'\'l'ral.
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<br />Ie) The headings of the paragraphs of this Mortgag.> are for <'On,,'nienee only and shall not be used to inter.
<br />pret or define the provisions hereoL
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<br />13. Release, Upon payment of all sums ",cu\'ed by tillS ~Iortgag", ~lortgag"e shall discharge this Mortgage and
<br />shailexecutt> and deliver a satisfactory release the\'efor.
<br />
<br />IN WITNESS WHEREOF, Mortgagor has e"""Uh'd thi, .'I10rtgag,' tlll ,h.. .25-... day of M...,.r>h . 19-B:l,
<br />
<br />
<br />Y nft,Jd2'~_~
<br />
<br />IbriaJ.d..F. Allen 80rnwer
<br />
<br />X ."}'.""-.. .....'''-. .
<br />:- _~"'"' -'j.<\._' G--c;. _ _ ,:./.-_
<br />Pairela J: Allen
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<br />Borrower
<br />
<br />Stale of Nebnska,
<br />
<br />HAll
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<br />C\lunt~ ~,;
<br />
<br />On this
<br />
<br />2.'ith
<br />
<br />day of ___ ..March...
<br />
<br />, I ~ ..83., befon- me. the undersigned, a Notary Public
<br />
<br />duly commissioned and Qualified for said count\', p....'onally ran", ._, ,~g.F LJ\'llJ'!J;l_. @~t..
<br />
<br />Pan!ela J. Allen, Husband and'wj.f!;!" ___ ____...._______.__, to me known to n., the
<br />identical. person{s} wb()$tl nall'lf'(,s) an' subscritwd to lht'" fort'~oing instrument and acknowh."dged thE' execution thereof
<br />
<br />ton.,
<br />
<br />his and her
<br />
<br />voluntal)' at'! and deed,
<br />
<br />Witness my hand and notarial seal at ~._GraIlc:i.,.r.~!~c:i._____ .. ___ .""'__'" in said county, the
<br />dot.. aforesaid , ~
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<br />MyConunlssioneXPire&:~J:-~. I ~~ SQl<cl..l!<..~.J)~__c~~~-~--c-
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<br />OUAHE 00NAl0S0N NQtazy Ilu.bhc
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<br />- 'SPaCe" 8fol..n~' This Lm__ RH~r<-"'" t'~lr Lend~f lind. Rt"Cord~r) ._u.~_____,__.__~__~__
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