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<br />7. Coademnatioa. In.the event the Property,.or any part thereof, shall-tie taken by eminentdomaln;the Mortgagee
<br />isempoweredtomllectandmceiveaU~cotngensatlon.whieh-may bepaid:foranYPmPartYtaken_or-for damages to.property..
<br />not taken, and Mortgagee. shall apply surtrcontgertsation;: at ifs- option; either to a reduction of the indebtedness secured-
<br />' hereby or to repair and restore the propnrty.so damaged,.: - - -
<br />8. Pertormauce by Mortgagee_ Mortgagee may, fiat shalt have uo a6ligateon, to do-any act which the Mortgagor
<br />has-agreed but tails to do, and Mortgagee .may alas do any_act it-deems nacessary:.to protect the lieu hereof: Aortgagor
<br />agrees to nepsy, upon demand, any sums so expended by the Mortgagee torthe above purposes> and any soins so expanded
<br />by the Mortgagee shell be added to the indebteda~s xecured hereby-and become subject fo the lien tiereof. Mortgagee
<br />sbalI not incur any gvrsonal liability because of anything iE may do oromit to da tiereuader<
<br />9. lhtauit; A~gnment- of Rents. -tYtne is of the easentx heieof; and upon Mortgagor's default in any covenant
<br />oragreemeat of this Mortgage, including covenants W gay vriien-due the sums secured by this Mortgage; the Mortgagee shall
<br />ba,entitled, at its sole=option and: without' notice, to declare altsulns secured'tiy this Mortgage.to be immediateip due and
<br />.payable and map cemimenos-foreclosore of this Mortgagee by judicial groceedfags; and, provided further, that upon such
<br />detanlt'tbe.119rrtgagee; or: a receiver appointed by a court, may at .fits option and w[thout regard to-the :adequacy: of the
<br />seet¢fty, eater upon and take possession of the.Propertg and collect therron#s,lssues-and-profits therefrom and: apply them
<br />fit$t to ate-cost of collection and operation of..the Property and then upon Elie indebtedness secured by this Mortgagee;
<br />satd~:regta; issues and pmfcts beiag assigacd to tiie Mortgagee as further.sectirity for the payment of the indebtedness
<br />secured herCtry.
<br />7tt 'I'ranster of Property. IP a!t or any part of the Property is sold or transferred without the express written con-
<br />seat of the Mortgagee, Mortgagee may at its sole option, declare:ail.soms secured by this Mortgage to be immediately due
<br />-and papable.
<br />t It: 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 evideneedhy promissory notes
<br />- --statiug,that:aaid-.notes are.seeured Hereby. At no-time slab-.the principal- amount of the indebtedness secured-.by this
<br />- -- :Mortgage, aot including sums afianced to protest the security of this Mortgage, exceed the original Note.
<br />lg: itifisc~llaseoua Provisions.
<br />- - - - (a} - Rny totebearance 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 Hy law or equity,
<br />and may be exercised eoneurrentlp, independently or successively.
<br />k}. The. covenants and agreements contained herein shall bind, and the rights inure to, the respective
<br />successo[s and assigns at the Mortgagor and the Mortgagee.
<br />(d) .All covenants and agreements of the .s2artgagor are joint and several.
<br />(e} The headings. of the_paragtaphs of this Mortgage are for ennvemence only and shall aot be used tointer-
<br />pzet-or define-the provisions hereaL
<br />13, Release. Upon payment of ail sums secured by this Mortgage, Mortgagee-shall discharge this Mortgage and
<br />shah execute and deliver a satisfactory release therefor
<br />IIZ WtTNH.Su WHERBiJE~ Mbrtgagorhas c~tcecuted th'ss Mgrtgage on the 24~~iay of JditudX'Y , 7,9 ~4 ,
<br />. C
<br />L /f
<br />(Gerald D. Fretjeri ksen} awrowu•
<br />,~~ ~J
<br />(I.. .t{zne Frederzksen) auorowen
<br />State of Rebraaka, ~,.~ 1i~11 ~ County ss;
<br />f)a this 24Ch day of .1dnu8ry 18 84 before me; the underai d, a No
<br />gne tary Public
<br />dulycoinmiBSloitedandgnallfiedtotsaidcounky,pereats{lycame Gerald D.. Erederiksen and
<br />}' "}n~f--~~~~~~1~~~~ , to me known to be the
<br />tdaatllad pstson{E}:whose name(s) :are subscribed to the toregoiag instrument and acknowledged the execution thereof
<br />to be C tte:l x` " . _._._ voluntary act and deed:
<br />wtt~ea my hu,d mid nutaxiel seat at brand Island; I?lebra aka, in said county, the
<br />-date aforesaid.
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