<br />I
<br />
<br />I
<br />
<br />7. Condemnation. In tIl. .v.nt tile Property, or any part tIlereof. shall betalcen by emlnent domain. tile Mortgagee
<br />isempowered tocollectand recelYe all compenuUon which may be paid lor any property taken or for datnages to property
<br />nottakell. and Morteagee shNl.apply suclt compensaU()I1, at Its option, eitller to a reduction of tile indebtf!dnesa secured
<br />bereby-or to ",paltcand_ tile property.., damaged.
<br />
<br />a. Performance by Mortgagee. Mortgagee may. .but shall ha.. no obligation. to do any act which the MoltgaJor
<br />llas...~ but fails to do, arid Mortgagee may aI8od<uny act it deems necessary to prolect tile lien hereof. Mortgagor
<br />~ to ...pay, upon demand, anysul!lS so expended b}' tile Mortgagee for the above PUlJI06OS, and any sums so expended
<br />bythl>.M~ .shall OOadd<ld t~.~ 'udeble...- ..,c"",d hereby and become <ubject to the lien h.reof. Mortgagee
<br />sIiaIl.llOt Ir",,'nll1ypenonalliabillty be<;a- of any tiling it may do or omit to do hereunder.
<br />
<br />9'. l:lemlJt; A~ of Jlilnla. Time is of tile ....nee hereof. and upon Mortgagor's default In any covenant
<br />or ~nt of this Mortgace-; indudlng co..nants to pay wOOn du.the sums secured by this Mortgage, tbeM!'rl;gagee.lbaIl
<br />be enUlIed, at Its; sole optIOn.lltld ..!tbout notice. to declat\! all. $Ums secured by this Mortgage ,to be immediately .dueand
<br />payable an.d may commn""forecloo<ureof tb1ll Mortgage. by judicial proceedings; and; provided further. that upon.sucit
<br />dl>fault tile M~. or a .-lver appolllwd by a court, may at Its option and without regard to the adequacy of tile
<br />~lf ,l!tIwr u~ anduke posoestllOll of tho Property and collect the "lIlll;, iss.... and profits tber\!from.ond apply them,',
<br />IlllIt to. tile .east of collection and .operatlon of tile Property and then upon the Indebtedness secured, by this Mortgape;
<br />said retlts, issues and profits beJllf aosigoed to tho Mortgagee as further security for tile payment of the indebtedn...
<br />"""",ed hereby,
<br />
<br />10. TraMter of Property. If all or any part of the Property is sold or transferred without the, express wrlttel>con.
<br />sent of the Mortgaget', Mottgllgt!t> may at Its soW option. d.clare all sums secured by this Mortgage to be iml1ledialelydue
<br />and f>ayable,
<br />
<br />1 L Fupn., ~ Upon "''1Ufl'St of Mortgagor, Mortgagee may make additional and future adV8ll<>!S to
<br />Mortgager. Such ad....."",,; with inwnst th""""", .hall be ooeu...o by this Mortgage when .videnced by promissory notes
<br />sblllnll that said no"" are""""",d hereby. At no time .hall tile principal amount of the Indehtedness ooeured'by this
<br />~,not lnduding .um. ad...nred to proWct!h.. ......rity nfthis Mortgage. exceed the original Note.
<br />
<br />11. Ml5celImeouIl'l'O\'isions.
<br />
<br />\al Any [ore beltran.... in .xercising ony right or remedy.hall not be a wai.er thereot.
<br />
<br />fb) All ",medi"" pruYid.d htl",in are distinct and cumulati.. to any otb.r right afforded by law or equity,
<br />""d l11Jy be '''.1"<-.1 ':'Olleurrently,mdep"ndently orsucee1illi..ly.
<br />
<br />(el The. C()._~ and ~n1> contained hereIn shall bind, and !he .rights inure to. !h. leJlpectlve
<br />...._....d -Ii!> of the MnrtPilor and tile Mor\gllloe.
<br />
<br />(d) AlI.,.,..,fWlU...d agltO.""''''ls ot th.. MQrt\!lllot are j<>int and .....raI,
<br />
<br />(el Th. ~ 01 th.. paragraphs of!h.. Mort,.... IN tor conve"..._ only and.ball not,b8used to inter.
<br />l'R't or ddine the Pro~ It_t.
<br />
<br />13.~. Upoo pay"""'. of all suma ",",u...o by !ho. Mortgage. Mortgagee shall di.charge this Mortgage and
<br />_""_w and deli...~. ..wf",,'''')' ~ the..r"..
<br />
<br />IN WIl'NESSWHRREOI'. Murtgagor bao exocuWd this Mortpg.on!he J~t!l day Qt _~.L-.....19~.
<br />
<br />"" ,t'" ..(' :/~~,
<br />J..c..,~.J.' . -L!.v~'/'
<br />Shi.rley AAeth
<br />
<br />Bouo....tIr"
<br />
<br />Bono'w"
<br />
<br />~ ofN......._.lkiJ.l~._,~._....,_ .._,__...-___COunty so:
<br />
<br />On !.his __...B:tb..- ~ 0(,,,_--, S"'ph'mhA," _ 19 -S:1.., before m., the und....igned. a NoWy Public
<br />
<br />duly ro~ ""d qUilifittd r...lillid OOItnty, petJOOllly eame Shirley A. Leth
<br />
<br />__. to me known to be !.he
<br />~ ~.) wlt_ ll8i'/t<!{s) are ..,bscnbed to the fm'01lolnil ill$tntmentond acknowledged the e"",,uuon thereof
<br />
<br />to b4' _.__~______- VQiunWy a<n llIl4d\lOd.
<br />..' ..,' ". ......... .... Grand.Island. . .
<br />~ my hlIil<! and ootaria!" at____..,'__~__~"'_.._..,__,___~- In S8ld <'Qun,y. the
<br />""'.f~, "
<br />
<br />"'-tL"'tSt~ ~ c ~~
<br />
<br />L ~ s)m~d I
<br />1:1 1
<br />t .'''' ...
<br />.. f'
<br />J~
<br />
<br />
<br />~,I.J.oa--~~ YotJ.,.tmd_ud a.c~}-----~~----
<br />
<br />~
<br />'\,:
<br />
<br />
|