<br />I
<br />
<br />
<br />7.CoIldemllatioa. 4t.the event~ Pro~, or any part thereof, sball be taken by eminent domain, the Mortgagee. .
<br />is -JlOWJred to ~amI-..iveall eompenucion which may be paid for any pwperty taken or for damages to property
<br />IlOt\UeJl,.aml,~.shaIl'apply S\lcb compensation, at ill; option, either to a reduction of the indebtedness secured
<br />heiiebyor toteplit.1II1<<1....~tbl>property so damaged.
<br />
<br />8'i~ l!y1olor'lppe.Mortppe . may, . but shall have no obligation, to do any.act wbicb . the Mortgaj!ol'
<br />bas' aIf'!ed.in!tfalllito dO; ami ~ may also do any act it. deelll$neeessary to l'n:rteet thl> lien. hereof. Mortgalof'
<br />~torepqi~dt!lIIIDd. 'l"rsuma'lIOexpended by theMortpgee Corthaahove purposes, and any s\l_s.o expended
<br />b)';thi~ shall be. adckd to the indlltitedn&G -..ed hemby and becomesubjecl totheUenbereoC.Mortg8gee .
<br /><liiIlI_i_~.penanalllabllltybeca_oranytblngitmay do<>. omit to do be...uuder.
<br />
<br />9.DefaaIt;~ofa..... 1'imisoC the _cebell!Of, ami upon Morigaaor's deCauMnauy _t'
<br />or~ofthis,MOritlage:, including covenanlll to pay wbon dueilie swns -..ed by.this Mortgage; the Martpgee sball.
<br />bifelrtltled; at its sole option and wltbOlltaotiat, to declare all....nueeured by thiBMoripCe.to be.immedlatelydunnd
<br />~amI. may <:om--. foredosure of this Mortaaae by judidal ~ and; pmtiobdf1utber, tbataponSueb.
<br />defu.uitthe Mol:tpeee, or . ....,;...r appointed by .l<,omt, may .Uts option and without regard to the.cIeqwIcy of the '
<br />~.enlllrUpoilaml tab ~ODof the Property od coIleet the rents, ,"-and pwfits th_fromaml&JlP!ythem .
<br />lInUo llIe~ of colIeetiOlllllld operation of the Property and then upon tl>.e ir1debtedness teeUred bythlsMortgI!ⅇ
<br />saldl'ellU, iioueuDd profits belnl uslpled to the Mortgape as tuJtber security fot the peyment onhe indebtedness
<br />--.I.. bereby.
<br />
<br />10. TraDater of Ph>porty. If all or any part of the Property is &old or tra...ferred without the exp_ written eon. '
<br />""'" of tbeMorJ;cap, Mottppe may at 110 s;,leoptiOll, declare all sums see.....d by this Mortgage to be immediately due
<br />aml ~1lIe;
<br />
<br />11.~. AdnDeeL Upon request. of MortpCOl, Mortgape may make additional and futUIe advan.... to
<br />Martpco.. Sudt ~, with inte_t thenon, shall be secured by this Mortpge when eYideneed by promlsBory nota
<br />1I.UinI. tbH uid nOleS are ~ hereby. At no time shall the principai amount of the indebtedneSs _wed l)ytbls
<br />~, _ indudiDt........ a_eed to plOted 1ho """"rily of tbls Mort....., ox<:eed the origiDal NotAl.
<br />
<br />12. ~ I'tvrilloaa.
<br />
<br />(al An)"~ in .xeteiolng any rillh1 or n.medy ohall no1 be a waiver thereof.
<br />
<br />(b) All remecIles pl'O'ride<l butoin .... dlslJDet all<! """'u1au.e to any other rillht afforded by law or .qulty,
<br />amiill&)' be uerciM!d OOft<!\llfeltlly, inde_dtntly or "-,my.
<br />
<br />(c) ",. ",,_to all<! ...........nts contained herein shall bind. and the rigllto inure to, the respective
<br />_lIlId -.no or the Mortpgof and the Id~.
<br />
<br />(d) AH _10 all<!.......menlo of the Mortcaaor are joint and .....ral.
<br />
<br />ie) ",. beadlDp of lbe paracraplu of I.IW MotiiIIl<' "'" f<>r ron...nitrnw only and thall not be used 10 inter,
<br />poet Of dtfiM the ll<O'AaiOIlS ll.....or.
<br />
<br />HI.. a.a.-, Upon pay"",ni of all ....... _ure<l by this M...-.-, Mortppe ohall discharge lbis Mortpge and
<br />oilaIIeueullt all<! ~ a uQsfaclory ~ lb......for.
<br />
<br />L~ Wf1'T41lSS WHEREOf'. Monpcor has Ul!CUted U110 loIortca",~.'lb'~ of _ SpptPmhPT
<br />
<br />/i;.~2: j A-
<br />I' . '~..^
<br />'-'C r'<Obi;.tt- L!l"~~P. .__
<br />
<br />._~~-'"L.v":;!:h Lc-"Y
<br />Nancy L. L\H'l.Hl" r
<br />Hall ,//
<br />SiIIIe of "'*-b. ___._'....~__...__.__Coonty ss; v
<br />
<br />. 19.1l.1...
<br />
<br />.' Bouo....
<br />
<br />80__
<br />
<br />On this 2nd
<br />
<br />day of_
<br />
<br />SePtember
<br />
<br />. 19...6L. before me, the untItnlpd, a NotaJy Publle
<br />
<br />dub CI)Il9-" J"*led ad qualified for said t'OUIltYt puIOUiIy eaJlW C" Robert tun" and Nancy L. I-unn
<br />
<br />. to me known to be lbe
<br />ide8tiClIl peIIOII{a) wi>.- name{o) ... oub<!eribed to 1M f""'lOlnll instrument and aeknow!edted the execution theIeof
<br />
<br />to be t n. ~ r ___ \-ohmtary lei and deed.
<br />
<br />~ my bamlall<! noWiaI SNi at
<br />....~.
<br />"'
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<br />.."\..i.:..:....... ........ :.'........Jl ....ll.....-... ..... ..... ... ....
<br />.,,~ ..;. _t\.~
<br />~'l""" ... . .............
<br /><'"""':-""'~,- ,,'~~....
<br />__1:l>ioLlDo_r....-__I----------
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<br />
<br />Gran~ Island, Nebraska
<br />
<br />(l -:f
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<br />
<br />in said county, the
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<br />c;/-fb~- ..
<br />MotuY Public
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