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<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 <br /> <br /> <br />/j..cc<~...~& <br /> <br />\ <br />1 <br /> <br />~'~/<' <br />" ", ~~ <br />-....-</L ~~ <br />N""",,~ <br /> <br />~... , l!:l' <br />J~\:f..~~ <br />.. jl 1~:1 <br />I" " ~ 1f .:' :~ <br />1- ... .. <br />",., .. ~ <br /><<t Jt:.r <br />U# ~~, <br />,. ~ <br />~_. <br />.JIiI;) 1_ 1JItU" <br /> <br />lly CoIIunlulon ..qlim; <br /> <br />...._~__ll....... <br />~..1U)Ctt <br />........,... - <br />ts~ Wo. 'J'Ii.U- Ltne R~ Fm Lewtft uut R~) <br /> <br /> <br />j... <br />c." <br />"'. ~ <br />~. ... <br />,It <br />,f! . <br />ill <br />\;~~ <br /> <br />!~.,..; <br /> <br />lift <br /> <br /> <br />N <br />.;tJI> <br /> <br />= <br /><< <br /> <br />l.O <br /> <br />~ <br />... <br /> <br />---. <br /> <br />II <br />t_ <br />