<br />I
<br />
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<br />
<br />7. CoIldemnation; In the event the Property, or any part thereof, shall be taken by eminent domain, the Mqll@e'
<br />is etnpo""redlo coIlectandreeelve aIlcompensationwblcbmay be paidfor any property taken odor damages 10 prope~
<br />not. ~ and ~.slIaIl.pplysullh llOII1j)enSatlon;atlts option, either loa reduction ofthelnde~esssecullld
<br />beNby Olio repair andlell.!:ole tbapropertyso;dBmaged;
<br />
<br />8. l..t~by M~ Mortpceeola1, but shall havenoobllptlon, to douy act whlchtheM~
<br />"- a&reedbut,Wls to .00, and ~ may also do any aetltdeeQlS neeessary to i!roteettlh> 1i,mh8~.'~i; .....
<br />~ to ~,upon~nd. Wsumssoexpended by the MOrtgagee for the l\Ii<>ve purposes,..ndany llnlDS so e~.d;'
<br />by the Mortgllgeesllall, beatided. to the Inde~securlld berebyandbeeol!1ll subject to the.l1eitbeleOf.~~; '.;.'
<br />sIlallnotfncunnypeminalJiability beeallWof lIiIytblng itmay door ",mit to doh!>nmn.der. .. .' . <~:\;:.:" ' .
<br />
<br />9. Defa\llt; A8/tllJDeDt of Renta. .. TIma isi>f theeslleDCe hereof, andup.mMOrtgagor'1i derawt~anY~,j"
<br />or..-t ofthlsMortgage,lncludlnll covelWlt&to JIllY:. when du!>thnumsse<ellMdbythlS~u..;~'::;,
<br />beentltkld, at Its soh! option and without; notlce, to decllllullsumssecuredbY thisMortple:t<rbe'~J!l1"'~;' .
<br />payable and may commen...forecloslln! of this MottpgebY judieiaI ~ and; prmkledflutller"ll!l~~":;: ..
<br />defaalt the Mortppe, or are<:eiYef .appointed bY a court, may. at its opiIoa andwlthout:repr4lo lh<<~~of}tim:; i.'
<br />seellllty; enter llf'OI'and take (JO&SI!lIIllonoUhe Property and.colleet the m>is, -- andp~~fJoiJ(;Ufd#PlY~"
<br />flrstlo the cost of collection andoperatlon of.the Property and then upon thelndebtedneasseeu:redbytblil~;:
<br />saidrenis, 1slAlelIand profits being llSlIigned to the Mortgagee as further seeurity for,the paynli!l!totthli;Indilbtedntlllb
<br />seemed IwebY. . .. ' ..'
<br />
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<br />lit Trmsf... of Properly. If all or any part of the Proll"rty is sold or trl\lISfemd wlthouttheexPresaiiTIUeii~'c: .
<br />sent of the Mortgagee, Mortgagee may at Its sole option, declare all sums secured by thiaMortp&e:to be IlDlIIedlateIY dUe:
<br />and payabI...
<br />
<br />11. Fut>ne Adv_ Upon request of Mortpgor, Mortgagee may maIre addltlooaland'fut!D'ea4nnceatoO
<br />Mortgaaor. SucIl adveees, with interest thereon, shall be ~ by thIS Mllltpte wbenelldellNdbY~1\otWlI
<br />stating !hat oaid notes are _.....d hereby. At "0 tllne .n.n the priDclpal amount of the. indebtednelS: ~ b~.'
<br />Mortpge, not including sums advanced to protect the security of this Mortgqe, exceed the origIDalNote.
<br />
<br />12. MiKellaDeou& ProTilionL
<br />
<br />Ca) Any forebearance in exercising any right or remedy sIIaIl not be a wai...r thereof.
<br />
<br />(b) All remedies prollded bemin &re distinct and cumuialive to any other ript afforded by law Of equity,
<br />and may be exercised concurrently, Independently or Sllcallllvely.
<br />
<br />Cc) The co...nants and agreements cont.alned noroin sbaIl bind. and the ri&hts inure to, the respeetl'ftl
<br />succ:esoon and aosigns of tile MorifllllOl and the Mol'tgaCee.
<br />
<br />(d) All """"naRts and Igreem.mts of the Mortgagor.... joint and SllRn!.
<br />
<br />le.1 The i1eadiUCS ar the peracraplu of tIIis MortgllIe are for con'reDienee only and sIla!l not be used to Inw-
<br />pm or der..... the pro..w..... hereof.
<br />
<br />
<br />13. ~. Upon payment of all SUDl1 ..,..,.....t by tIIis Mottpte. Mortp&ee shall dlsch..... this Mortpce. and
<br />sbaIl execute and deliver a sallsfaclO<Y release therefor.
<br />
<br />IN WITNESS WHEREOF. Mortp&or lw. "x""ul4!d tIIis MOftIiIlIl't on the.J2. day of October
<br />
<br />. '-j. ."-' a--; /)
<br />.~/~~~~;{..~ <' /;:!.?~
<br />
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<br />
<br />\~hd_na k. Pitcher)
<br />
<br />,19JU...
<br />
<br />Ik>>.rower
<br />
<br />Ilomt_
<br />
<br />Stale of NebnIb, _---1:Ii!J...L....__..__..__..,.,.,___.....County ss,
<br />
<br />On this 19th
<br />
<br />day af....__"'ctO'kt
<br />
<br />19..Q.;L., before me, the Ulldenigned, a Notary i'IIbllc
<br />
<br />duly commiIaioned and qualined for said <'OUnty. penooally came
<br />Pitcher
<br />
<br />Rlchard E. Pitch~r and Diana R.
<br />
<br />. to mt' known to rn:- Llle
<br />
<br />ideBllml pe.-(s) wbooie IWDl>\s) are subocrtbed to the foreaoinl instroment and aclutowledged the execution thereof
<br />to be_J;.h..ir _ voluntary actanddt!fl\.
<br />
<br />
<br />~ my hand and notarial seal at
<br />date afOftaid .
<br />
<br />lI1 ~onft:pint,
<br />
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<br />
<br />Grand Island. NE
<br />
<br />in said county. the
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