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<br />1. ConQemllatlon. 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 wbich may be paid for any property taken or for damages. to property
<br />not taken, and Mortgagee sballapply sucb compensation, at its option, eltber to a reduction of the. indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />
<br />8; Pcert<irmanee by Mortgagee. Mortg&gl!e may, but shall bave no obligation, to do any act .wbich tbe Mortgagor
<br />bas agreed.. but .taUS to dO,and. Mortgagee maY alSo do any. act It deems necessary to protect the. lien beieof.Mortgacot
<br />,>"lleS to repay, upon demand; anysullIllsoexpended by the Mortgagee forthI' above purposes, and any sums so expended
<br />"> . the Mortgagee shall be added. to the indebtedness sacured belllby and become subject to tbe lien bereot.. Mort.
<br />shaIlnot incur any personalliabUity because of anything it may do or omit to do hereunder.
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<br />9;' Default; Assignment of Rents. Time is of the essence h<;1'e{)f; and upon Mortgagor's default many covenant
<br />or agreewentof this Mortgage, including covenants to pay when due the sums secured by thls:Mortgage, the Mortgageulllill
<br />be.entitled, at its. sole option and without notice, to dec!anlall sums secured by this Mortgage .to be'imll1l!dlatelydue and.
<br />payable and may conutllmce fOf\!closure ot this Mortgage by judicial proceedings; and, provide.Hurther,that upon sucb
<br />default the Mortgagee, or a receiver appointed by. a court, may at its optlou. and without regard to the adequacy .oUhe
<br />security; enter upon and take pa;sessionof the Property and collect the rent&, issues and profits thelllfrom and apply tbem
<br />fimtto the cost ot collection and operation of the Property and then upon the indebtedness secumd bythlll:Mortgagee;
<br />said rents, issues and profits being assigned to the Mortgagee as further security. for. tbe paYll1l!nt of the. indebtedness
<br />S<lIlIlmd hereby.
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<br />10. Transfer of Property. If all or any part of the Property is sold or transferred witbout the expreSs written con-
<br />sent of the M<trtgagee, Mortgagee may at its sole option, declare all sums.secured by this Mortgage to be immediately due
<br />and payable.
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<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 """ured by this Mortgage wben evidenced by promissory notes
<br />statintl that said notes are secured hereby. At no time shall tbe principal amount of the indebtedness secured by this
<br />Mortgage, not includillll sums advanc<>d to proted the securiry of this Mortgage, exceed the original Note.
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<br />12. MlaceIIaneous Provisions.
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<br />(a, Any forebearance in exereising any right or remedy shan not he a waiver thereof.
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<br />(b) All remedies provided herein are distinct snd cumulative to any other right afforded by law or equity,
<br />and may be exercised concurrently. independently or successively,
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<br />(cl The covenants ana agreements contained he",ln shall bind, and the rights inure to, the respective
<br />suce<!soof5 and assigns of the Mortgagor and the Mortgagee.
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<br />(d) All cownants and agreements of the Mortgagor are joint and several.
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<br />(e) 'The headings of the paragraphs of this Mortgage are for convenien.. only and shali not he used to inter.
<br />pret or define the provisions hereoL
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<br />13. R_. Upon payment oC all sums secured by this Mortgage, Mortgr ,. shall discharge this Mottgl>ge and
<br />shall ex""ute and deliver a "'tisfactory me... therefor.
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<br />IN WITNESS WHEREOF. Mortgagor has .xecuted ~his Mortgage on tr.4ti. day of Novembe r
<br />
<br />,19.!iL.
<br />
<br />"\-- . .
<br />_~~ .i
<br />(Lvnni A. Weaver)
<br />11
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<br />(',(:"LJ',",,-eO"
<br />
<br />Bo;.fQWCl':
<br />
<br />/. i- ')./'-( ;"'.~:'t. /\.
<br />(Oonna L. W~avcr)
<br />
<br />(.-', ~<:'.: r,.~
<br />
<br />Borrower
<br />
<br />state <If Nebraska, __!iE.lL___..._.___._County sa:
<br />
<br />On this 4th
<br />
<br />day of
<br />
<br />November
<br />
<br />, 19~ before me, the undellligned, a Notary Public
<br />
<br />dulyeommissionedandqualifiedforsaidcounty,personallycanw Lvnn A. Weaver and Donna L. \leaver,
<br />
<br />husband and wife) each in their own right , to me known to be the
<br />identieal penoll(s) whoso name(s) are subscribed to the foregoing instrument and acknowledged tbe execution thereof
<br />
<br />to be the. ir voluntary act and deed.
<br />
<br />Witllols. my hand and notarial seal at
<br />date afllNAid.
<br />
<br />"- M)o~' . __.,_
<br />e:::> " ... O. STaK
<br />""-'l 0 MJ c.- E'" IIoJ I, Ull
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<br />Grand Island, Nebraska
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<br />in said county, tbe
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<br />..i -1 s..~~':1/./1:,
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<br />Notary Public
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<br />tS~_ Wow Tbia Lu3.e RaMllV.a. f'm L~nde.t .and Recurder)
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