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<br />7. Condemnation. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered to collect and receive all compensation which tnlly be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of tbe indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />
<br />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortg8J{or
<br />has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, any sums so expended by the Mortgagee for tbe above purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shall not incur any personal liability because of anything it may do or omit to do hereunder.
<br />
<br />9. Default; AsSign......t of Rents. Time is of the essence hereof, and upon Mortgagor's default in any covenant
<br />or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entitled, at its sole option and without notice, to declare all sums seemed by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon sueb
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and wlthout regard to the adequacy ofthe
<br />security, enter upon and take possei5ion of the Property and collect the rents, issues and profits therefrom and apply them
<br />fint to the cost of collection and operation of the Property and then upon the indebtedness secmed by this Mortgagee;
<br />said rents, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />secured hereby.
<br />
<br />10. Transfer of Property. If all or any part of the Property is .old or transferred without the express written con.
<br />sent of the Mortgagee. Mortgagee may at its .ole option, dedare all sums secured by this Mortgage to be immediately due
<br />and payable.
<br />
<br />11. Future Advances, Upon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor. Such advances. with interest thereon. shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that said note. a.n> secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not ineluding KUms advanced to protect the security of this Mortgage, exceed the original Note,
<br />
<br />12. MiseelIaneous Provisions.
<br />
<br />(a) Anj' forebearan"" in exerelsing any right or remedy shall not he a waiver thereof.
<br />
<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be exerCiSed ,~oneurrentJy. indepe-ndently or success.i,ely.
<br />
<br />(c) The CO'ienants And agreements contained he11."in shall bind, and the rights inure to, the respective
<br />,uccesso... and assign, of the Mortgagor and the Mortgagoe.
<br />
<br />(dl All ro.-nants and ail"'ements of the Mortgll\lor are joint and ""veral.
<br />
<br />(el The headings or the paragraphli of this Mortgage....., for convenience only and shall not be used to inter.
<br />prel or define the proVisions hereof.
<br />
<br />13. Release. Upon paym<nt of aU su"" Sttured by this Mortgage, Mortgagee shaJJ discharge the, Mortgage and
<br />sball fXecUtt' .nd deliver. sati:st.cto>)' reJt!8Se therefor,
<br />
<br />IN WITNESS WHEREOf'. Mortgagor has ex..,uted this Mortgage on the .l~L day of S<optember__, 19~.
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<br />State of Nobrasb,
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<br />_.____~__,_,E:~} 1
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<br />___~MCounty 55:
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<br />On this ~~~__ day of ~~~_P..E_~:nbp r'
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<br />19J!L. before me, the undersigned, a Notary Public
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<br />duly commissioned and quaiUlt'd Cor said county, personally came -----2'.~~ B. Ho-ebeI. diid Donna J.
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<br />---Boeber___,_.___,____~~__~,.____, to me known to be the
<br />identical Jlt'l'SOnls) whose rllllnels) a.... subscribed to the foregoing instrument and acknowledged th~ execution thereof
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<br />Wllnesllrny hand and notarial st'al at
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