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<br />I <br /> <br />1. ComIemnatkm. [utile .vent th.. Property, or any part th....o!, WII be ta.n by .minent doml\h1,th. 'Moitg~ <br />is .lJIpoweredtocolJett and receive all compeuSatlonwhich may be paid for any propertytatenor fonlamageS to:ProJlOlW <br />not talien. and.Mortgagee shall. apply such. compensatiOll, at its. option,' .lthet. 'to. a Ndlfettonof'iit.inllebtedu,,"" IlOOIimir '. <br />lierebyor to repaii8lld restore the property so dlmaged. ..... -.., " ... ~ <br /> <br />, 8" Perfo~by Mortpgee. Mortpgeemay, but shlllihaveno obIigatlon;todoanyactwhlebtlle M~~r; <br />lias 8P"ihuttailStodo,andMortgagee may also do any act itdeellllO n.eessuy tOJlrotecttlJ.li.nhereot:~iir . <br />~tll",pay,upon demand.;. 1l\lY. swnsso expendedbytlle~for th. ab<lvePJllpOSelf;8tld anyslU'll8;ao:~n~ <br />bytlJ~Mortgageesllall Iie~ to tile in~_securedb_byand ~ll>e s!lb)4!<lt'totlleilenb""",ot.1&<)rttiige&;' <br />~aIlnonncunll!y pel'$\lilalliabllity ,beall'''''' ofanytlling it may do or omit to dobel'llunde.r, <br /> <br />J!: Default; AsoignmefttofRents. TlIJll! is otthe ....nce hereof, alldup\lllM~(Jf'S~~UJtI,,-#iCc!!e~f. <br /><lr agI't!t'IJIl!ntof this Mortgage, includillg e(Wenantsto paywb.n due tile awns secured by th1sMIIrtg8g&;tlJe'Afortgqel!5bilF .' <br />be .ntltled, at. its sole option and without notiCe, todelllare all su_seeured by,tlJis MortgageW:belinu.~~_*Djj,. . <br />pa)'ahle and may corrtmenee torordocll'rl! ot thil Mortgage by judlcialpro<f!lldlngs;aDd; pro1ljclednirther;tb!it\lp(!llIUe!i' <br />default tlH! Mortgagee. or a l;eeeIver appointed bya eoutt, may at its option and without regard ,tn. the ad.q~',llf-the <br />seeUt\ty, eIIter upon andukepooseglouot the Property and colleetthe reDts, IssullSandprontitberetroitrandap~tliem' <br />fifst to tile cost or collection and operation of the Property andtben upon the ind.btedlleS$llOCIIted:bytlJlll~ <br />Slid _, issues and profits beln,ASSigned. to tb. Mortgage. as furth.r security. for th. payment otth. ,lndebtadneU' <br />llOCIIted n.reby, ' <br /> <br />10. TranlItef of Property. II all or any part of tll"Property is sold or transt.rred without thll e~~wrlW!ncou. <br />senlof the Mortgagee. Mortgagee may at its sole option. dool.... allsumss.c.u...d by this Mortgage to be iIJUri.dlatidyduii <br />andpayablll. <br /> <br />11. Futon. Adv""-. Upon request of Mortgagor, Mortgagee may make addltionaiand tutWe'advaftces.'to <br />Mort~r,S\lcIl advInce.;, witb lntemst tb."",n, shall be secured by tbis Mortlag. wb.n evidencedbyo promis&~notes <br />stating that said noteS are """"...d hereby. At no Urn. ,hall the principal amount of the indebtedness,seeure<tbY'tbis <br />Mo.rtgage, not including sums advanced to proteet th. security or tbis Mortgage, exceed the origlnal Not.. <br /> <br />12. MlIcelIaDeou Prooi$lons. <br /> <br /> <br />taj An)' forebearance in exercising any light or rem.dy shaH not be . waiv.r th.reof. <br /> <br />(bl All ",-"",dl... provided l!erem IlfI> dl&tinct and cumulative to any other right afford.d'by lawnr. equity, <br />and llUly be exerci..d roncufWltly, .ndependently or ,u""",",ively. <br /> <br />(ej The cov.......ts. and ...."men..cOIIWned heroin shall bind, and the rights inure to. therespec\ive <br />~rs .nd ....l!JlII oUl!e Mortgagor and th. Mortgagee. <br /> <br />(d} All <'Ovenants and agrffillffits of the MOrtP&l1f~ joint and several. <br /> <br />(i!} The headinllli or lb.. paragraphs of tbis Mortpge are for conv.ni.ne. only and shall not be used 10 inler. <br />pl\'t. or define the prtlmton& he_f, <br /> <br />lS.~. Upon pay_nl of all .un.. ",."",d by tbis Mortgage, Mortgagee shall dlschal'i<' tbis Mortgage and <br />shall "-'leeule and deli..r """U.facl<K)' rel.._ therefor. <br /> <br />IN WITNI>SS WlIER!:()F. Mortllllgor has e"..uted this Mortpg.. on the ..-.2lday or f)P.pt~r , 19 Jl:i.. <br /> <br /> <br />~~;f';:i~2;/lfl~~ <br /> <br />. A0~L,LLLLf-;j2if')-:'k-<. <br />Susan A. Malan' Bono_ <br /> <br />s_ or NebraaILa...,.,,, ~.~,.,Jla]-!.,._,.,,__.__County '0; <br /> <br />On tbis __~.., dtIy or _~EJ~L...._ 19 83 .. beforo m., the undersigned, a Notary Public <br /> <br />dilly "'llllllllslltOUed .od quallfi<>dfot Slid county, porwnaliy CllIIW Recirm1d A. Malcan and ~~ <br /> <br />A. ~~. JjIlHl->;>nrl >illl\1'iiffL....___._______,______. to me known to be th. <br />idetili<:al po_ts) ..h_ nalUt!(sj .,., subscribed io the ro"'COlng Instrument and aelmowl.dgj>d tbe .x..uiion thereof <br />io lie ~ hisanq her _ voluntary ""t and deed, <br /> <br />Wl~ltW hand ."d noi.arlal s..lat ~.' <br />~ !If.,.-W. <br /> <br />Grand Islaruj <br /> <br />in said county, the <br /> <br />liItyO"l,llll!lIIl~Qn <"<pil'o&: <br /> <br />-'.. ",') ) <br />.6 .- C8lE. Illl.~'~~,~~'~cr-j <br /> <br />.........~...-.- <br />(.$~-~ Tba-t.tae ~ecJ YoM: Lead" a.a4 <br /> <br /> <br />HQ~:)' .Puhii,c <br /> <br />