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I <br />7, GandtYOnuion. In theeventthe Property,.arany parttbereof, shall be taken by eminent domain, the Mortgagee <br />iswempawered weaAectandteceive all compensation which may be paid for any property taken or for damages to property <br />not taken, and Mortgagee shalt apply such compensation, at its option, either to a reduction of the indebtedness secured- <br />kereby or m repair and restarn-the property so damaged: <br />B, Performance by Mortilagee. Mortgagee may, but shah have no obligation, !o da 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 />agtecr to repay; upon demand, any sums so expended b}• the Mortgagee for the above.purposes; antl any snms so expended <br />by fhe .~+"otfigageF shat! 4z added to the Fndebtednass seethed hereby and become subject to the Lien hereof. Mortgagee <br />shall not incur any personal ti:bilitp because of anything ft may da or omit to dta hereunkr: <br />9: Dehult; Assignment of Rents: Time is of the essence hereof, and upon Mortgagor's dehult in any covenant <br />or agreement of this Mortgage, inaiuding covenants to pav when-due the sums secured by this Mortgage, the Mortgagee shall <br />be entitled; at its sole option and without native, to declare a!t sums secured-by this Mortgage.to be immediately due and <br />payable and. may commence forectostue of the Mortgage by judicial proceedings: and; provided tnrther, that upon such <br />default the Mortgagee; ac a receiver appointed by a. court, may at its option and. without tegaM Co the adequacy of the <br />security, enter upon and take possession of the Froperty and coIleet the rents, issues and-profits therefrom and apply them <br />fast to the cost of collection and operation of the Property and then upon the indebtedness secured by-this-Mortgagee; <br />said rants, 'sasues and profits being assigned La the Mortgagee as fitrtner severity for the payment of the indebtedpirss <br />secured hereby. <br />1D. Transfer of Property. tf alt or any part of the Properly is sold or trmsferted without the"express written'con- <br />sent od the 6ortgagee, Mortgagee map at its safe option, declare alt sums seeured.by this Mortgage-to be immediately-due <br />and payable. <br />Il. Future ,ldvances. l+`pao request of Alartgagor, Mortgagee may make additional and future-advanaearto <br />tetortgagor. Such advances, with itttatest theraan, shall be secured by this Mortgage when evidenced.by-promissory notes- <br />sta#htg that said notes are seeurnd harnhy.:fit oa ume shalt the principal amount of the- indebtedness seenred;by this <br />Mortgagv, not tncluding sums advanced to protect the-security of this Mortgage, exceed the original Note. <br />12. M°tseeitaneous Provisiarrs. <br />iai 1ny torcbearanre in exercising any right or remedy shah not be a waiver thereot. <br />tbi ..tt remrdies provided herein are distract and cumulative to sny other right affnrdad by taw or egvitp, <br />and may be exam-i~d soncvrrentiy, tndependonttp ar sutxessivety. <br />Oro ilte covvfsants and agrcemenis contained bernin shad bind, and ttte rights inure to, the respective <br />succe~,ars and as$igns of the Martgsgm and the Riartgage+!. <br />(di aSit c<>vvnanra and agrsrmenrs of €heltortgagor-are jointand several: <br />Seal 1'ifae ,headings of .t Sa pantgraptzs of this Mortgage aoa fnr,convenience only and shall eat ~ used tea,inter- <br />pretor t~fsnv the provisions ttvaeoL . <br />13. Release; Ltpan payment of ail sums secured by €hia Mortgage, Mortgage shalt discharge this Mortgsge'aad <br />sii~ execute and detiro~ r a satcsfnrto:'y nrtaasse therefor, - <br />L'I FiTT~'~SS tVllliithYY7F; 41m~a,~ ?rar exv£uted this bttarsga$e on ttte___s+s:-day of M~7'Sth ,-A9:....~`~ <br />t n~ <br />i r f`J <br />t'~,. } 1 ti h ~ $O roxae <br />- ~+~ ~~ <br />KS.~'~~~t lll4jy]~Sjtf )Il a4rIRNK <br />&tate rrf Nebraska. __...._____I,.~...____~.___~__.~„._ t~vntY :sa: <br />fait this __._,;,;~,_.,,,,~.._. day of _....._._._...._..~*„~.,_..._.._.,.,, 1.8_.5... before-me, the underaiguad, a Notary- Public - - <br />dufy:commtsdonad and gnatitiad far said county, parso€tstiy came Elotx:l"t tS tYtlii7.5t.€7?t }tI1d Vi3~S.1't;4ca fit, <br />Fstori~dfilsil~stad and. S~iie , to ma-known to hr the <br />- #dentica pers~nc):.whoar tsame(a} are suhsra'.ibed. W the foregoing instnigtaaf-and-acknawiadged-.the-execntian thereof <br />to be his . 1x:2' ~ _ voluntary net and deed. <br />ly`ttneiac n band and notarial sral at ___.-_ 4',il'€aIIti .Ir3].l~Nebi'A~k~ _ in said Ceunty the <br />date"aforesald_ <br />~ ~ <br />M9 Conin7an ~xpic~: - -' <br />- M ." ._ - raar+r~PUWto <br />~*iR <br />M <br />~~a~ <br />.:.; ~~<tiM <br />._.__ . ~:K aa~-trtuw rti.,wuv u«tvr..a tom. tr~war.n,ta.PUreer> ._...~ <br />..~ _ <br />N l.i <br />a <br />4 ak <br /> ;, <br />- -- rtltc iMC «.~ xs x:. tcu - <br />i <br />_ <br />~ ,: r fi~ <br /> <br />' <br />.`ui ,~ <br />~ Ak <br />~ ~ <br />~ <br />rv I <br /> <br />-~ <br />~, - - . c:, <br />cra ,~, .G <br />