<br />I
<br />
<br />7. Ccmdemnation. In the event the Property, or any part thereof, shall be tabn by eminent domain, the Mortgagee
<br />isempowered to eolleet and reeelve all compensallOD which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensallon, at ils option, either to a reduction of the Indebtedness secured
<br />hereby or to repmr and reAtore tbe property so damaged.
<br />
<br />8, Performanee byMortppe. Mortgagee may, but s!W1 have no obligation, to do any act which the MortPJOl
<br />hu qreed bat fa&. to do, and Mortppe may also do allY act it deems neeessary to proted. the lien hereof. MortfIlOI"
<br />aps to repay ,upon demand, any .WD& so expended by the Mortgaeee for the above purpotIeI, IIld allY sums soell:peIlded
<br />by tile Mortpgee sbaII be added to the indebte~ secured hereby and beeome subject to the lien hereof. Mortgagee
<br />shaU not lnclll' lilY peaonaIliabWty becaute of anything it may do or omit to do hereunder.
<br />
<br />9. Default; A1Iipment of Relit&. TIme is of the _ce Iwreof, and upon MortI*lOl"'s default In any covenmt
<br />oraaree-t of this Mortgage, Inehidlng eovenallts to paywben due the sums secured by this Mortgage, the MO~ shall
<br />be entitled, at its sole option alId without notlee, to deelll:nl all suma secured by this Mortgap,to be IlmnedI&tely due.nd
<br />payable and may ~nce foreclOllUl'l! of this Mortgage by judicial proceedings; alId, provided .further,thllt i1pi;io sudI
<br />det'alllt the Mortpge&, or ateceiwr appointed by a court, may at its option and without regard to the adequaeyof the
<br />seeurtty, ellter upon and take ~ of the Property andeolleet the rents, ~ alId profitatherefJom and apply them
<br />fiI$t to the COIIt of colteetlon and opemlon of tbe Property and then upon the indebtednets &eeUted by thitMo",;
<br />said reats, ilIsu_ md profits being assigned to the Mortgaaee as further security for the payment, of the Indelitedii_
<br />seeured hereby.
<br />
<br />10. 'J'.ranJfer of Property. If aU or lilY part of the Property Is sold or tramferred without the ellpl'elSwrltteneon-,
<br />sent of the ~, Mortgaaee may at its sole option, declare all sumaseeured by this Martelle to be immediately due
<br />and payable.
<br />
<br />11. Fulllte Advances. Upon request of Mortgagor, Mortgagee may 1Mb additional alId tuture advanee!I to
<br />Mortp(or. Such advances. with In_t thereon, shall be secured by this Mortgage when evideneedbypl'Oll1lla'9ry nj)teI
<br />stating that said notea are seeured hereby. At no time shall tbe prtncipal amount of the Indebtedness seeurild bytbl5
<br />Modpce, not ineludlnc SUIm advanced to protect the 8O!CUrlty of this Mortgage, exceed the oritlInaI Note.
<br />
<br />12. ~ ProvilioM.
<br />
<br />(II Any forebearanee In exerrisinll any right or remedy s!w1 not he a waiver thereof.
<br />
<br />(b) All remedie,s provided herein are distinct Ind cumulative to any other right a!forded by law or equity,
<br />and may be ..xtlrriMd ooneummtly. independently or sueeessively.
<br />
<br />(el The conlWlts and qreemenl.5 contained Iwrein sball bind, aDd the rights inUle to. the respective
<br />.~and -ens of the MorfCalOr and the MortPi"".
<br />
<br />(d) All <)Oftnanl1l and Jlireements of the Mortpgor are joint and several,
<br />
<br />(e) The Iwlldinp of the pamgraphs of this Mort{ale are for oonvenlen<:e only and sbaII not be used to Inter-
<br />pn>t or deline tM prot"lslons 1Mreof.
<br />
<br />Ill. ~ Upon payment of all .u_ oeeured by tbis MortpCe, Mort.p&ee shall dl4ebarp this MortcaJe and
<br />sbaII !.'xecute anddelin, a uti.lfaetory release tMrefor.
<br />
<br />IN WITNESS WHEREOF. Mortpgor h. "xe<:Uted tbis Mortaace on the 2nd day of ~~. 19SL.
<br />
<br />
<br />/.7 'fI' /'1' i.~ . _
<br />'d7&-'r~~/fT. C/~~
<br />~rl' AndrewS
<br />
<br />,,-' - !
<br />, ",:"r!l/.:Y'''f%~"//1:2'k~<V<)
<br />shIV ey . . . . .'
<br />
<br />SUle of ~ ,_ HalL___._______,__._Cowlty Iill;
<br />
<br />Bot.roWU'
<br />
<br />--
<br />
<br />Oll t1m~__ day of A~l, , 19..B::L. hefo", me, the undemgned. a Notary .Publie
<br />
<br />duly ~ and qualified for said county, pmonaIIy came ~~r G. Andrews and Shirley .J.
<br />
<br />Andrews, Husband and Wi fe . to me known to be the
<br />ldenm.l pt>1&Oll(s) wbUlle _Is) ...,., subtaibed to the forecoinllllliUument and acknowledged the execution thereof
<br />
<br />to be. his and he==-- 'mIuntaly aet and deeQ.
<br />
<br />~. my ~. &I1d bOIarial seal at Grand Island. Nebraska
<br />dmattlRll1lld .
<br />
<br />in said county, the
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