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<br />7. Condemnation. In the event the Propertyiorany part thereof. shall be taken by eminent domain, the Mortgagee
<br />is mnpowered to collect and reeeive all compensation which may be paid for any property taken or 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 andlestore the property so damaged.
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<br />8~ Perf~ by Mortgagee. Mortgagee may, but shall bave no obligation, to do any act whieb the Moltll'll<<'l
<br />hll$.!lgl'l!ed bnt falls to dn,andMortgageemay alan do any act It deems necessary to protect the lien hereoL Mortgagor
<br />~ tOrep,lly, upon demand, anysnDls so expendedhy the Mortgagee for the above purposes, and any snmsso expended
<br />by the Mortgagee shall be added to the .indebtedness secured hereby and become subject to tbe lien hereof. Mortgagee
<br />shall not incur any personalllabillty because of anytbingit may do or omit to dn hereunder.
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<br />g.net.nIt; Assignment of Rent&. Time is of the essenee hereof, and upon Mortgagor's default In any covenant
<br />or!lgl'l!ement oftblsMortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />beentltled, at its soleoptlon and Without notice, to declare all sums secured by this Mortgage.to be ImlMdiately due and
<br />p,llyable and may com_nee. foreclosure' of this Mortgage by jUdicial proceedings; and, provided further, that upon such
<br />defaUlt the Mortgagee, or a receiver appointed by a court, lUay at.its option and Without regHd to the adeqUacy oUhe
<br />security, enter upon and take possession of the 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 tban upon the indebtednessseClll'\ld by this Mortgagee;
<br />wd rents. issues and profits being assigned to the Mortgagee as further security for the p,llyment. of the indebtedness
<br />secured hereby.
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<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, declare all sums ,secured by this Mortgage to he Immediately due
<br />and payable.
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<br />11. Future Advanees. 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 evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness securedbjthls
<br />Mortgage. not including sums advanced to protect the security of this Mortgage, exceed the original Note.
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<br />12_ Mi&celianeous Provisions.
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<br />ta) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
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<br />(b) Ail remedies provided herein are distinct and cumUlative to any other right afforded by law or eqUIty,
<br />and may be exercised concurrently, independently or successively.
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<br />(cl Tbe covenants and agreements contained herein shall bind, and the rights inure to, the respective
<br />SUceessOlll and assigns of the MortPllor and the Mortgagee.
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<br />(d) Ail cov_ts and agreements of the Mortgagor are joint and several.
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<br />tel The headinp of the panaraphs of thill Mortgaae are for convenience only and shall not be used to inter-
<br />pret or define the provisions hereof.
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<br />13.. ReIu.oe. Upon p,llyment of all sums secured by this Mortgaae, Morta.... shall discharge this Mortgage and
<br />shall execute and deliver a satist'actory release therefor.
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<br />IN WITNESS WHEREOF, Mortga&or has executed thill Mortgaae >>n the.;?3 day of . 19 a.
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<br />Bonowft.
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<br />State of Nebraska, _. 11<< d County $8:
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<br />On this .;1"1 day of _ 77~ ' 19tf:l. before me, the undersigned, a Notary Public
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<br />dUl.Y Yr!'. m..lssl.OO. ..edand.~q~ 'fl..edforsaidcounty.pel$OnallYClll11e ~0(".q. ~_....t/ ~
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<br />~~. ~(JA-u.iL., . to me known to be the
<br />ldentiali . pem)n(s) wboM name(5) _ subscribed to the forellO!ng instrument and acknowledged the execution thereof
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<br />to be . ~_ . . VolllUtary aet and deed. ../
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<br />- Witn~ my hand and notarial seal at ~~,~ /- I'
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<br />date.afotesaid. ~ ~
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<br />in said county, the
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