<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 />
|