|
<br />I
<br />
<br />83-1HJ6339
<br />
<br />I
<br />
<br />
<br />7, .~n. In the event thel'rl>peIty;or lIllypartthereof, sball be taken by eminent domain, the Mortgagee.
<br />j$~l1'pOWM'ld t<>~tan!! receive all compellSllti9J! wbieh .may be. paid for any pl'opem t~en or for damages to. property
<br />noI;.tBjen, 8I'1d,~sl..l appJy suehcompe_tion, at its option. eltber to. a reduction of theindebtednesSseeured
<br />!ierebyortorepai.rlil!drestoli> thll PJ'opjlrtysO 4amaged. .
<br />
<br />~;. ~.bYMortgacee.. Mortgagee may, but shall have no obligation, to do anyaat wbich the Mortll8llor
<br />~~lillt'faIJ$todo.;lIlldMortgagel!maYalso doaoy act it deemsnee......"Y to protect the lien bereof. Mortgagor
<br />~'lo;repay,uI1M:lfeinlIlld,any. sWllSw..xpendedby th.. Mo~ for tbe above. pufl106"s, and any sums sOllXpended
<br />bf;l:he';Mo~"Shallbe.ll.dded to.tlle illdebted/les$ """ured heretiyand become subjeclAo lbe lien bereof.. Mortgagee
<br />.sliaU:DOt incur any~a11iabilitybet:lluse of lIDytilinll It may do or omit to dobereunder.
<br />
<br />. 9, ..~ AsoigJlmeDt. of:Rent& . Time Is of theessenee bereof, and upOn Mortgagor'. defauJlln ""y. covenanl
<br />or .........ntot.W. Mortgage, includlrig covenants to paywbendue tbe sums secured by this M~. the Mortgagee .balI
<br />be. eIltitlt>d,alllxsol.. option and without notice. to declare all sums secured by this.Mortllage.to be jmmediiltely due and
<br />.P!'yabh. and may- 00ItlID<>0l!e foreclosure of thisMortgllge by judicial proceedings; and, provided further, that upOn such
<br />default. t1ieMo!"tgagee, or a receiver appointed by a court; may .t Itsoplion and witbout regard to the adequa<>yof. tbe
<br />sacmity,entetupOn and take posseSs;9J! of the .Propemand collect the rents, Issues and pwfits. therefrom and apPlYfhem
<br />Illst to !hecosl Qfcollectl9J! lllld I>pellltlon of tbe Property and then upon tbo indebtednesasecuiedbythlsM~;
<br />sald._. issues and profits .being assigned to tbe Mortgagee as further security for tbe payment ofibe. Indeb~...
<br />-..redbeoo>Y.
<br />
<br />10. 'f'rmsferof Property; If.1l or any part of the Property is sold or transferredwitbout the expresswrlttenC()ll'
<br />sent oftll.. M6rtgagee, Mortgagee may at Its sole option, declare aU SUIDS.secUred by tbis Mortgage to be Immediately due
<br />IlIidpayable.
<br />
<br />n. Future AdVances. Upon request Qf Mortgagor, M<>rtgagee may make additlona!andfutureadvancetlto
<br />Mortgagor, Snob advllJlO!S, wlthinterest tbereon, sball be so<:ured by th~ Mortgage wben evidenced by promiasorynotes
<br />....ting that said notes are secured hereby, At no time shall the principal amounlof the indebtedness securedby.this
<br />~,notlncludlllg.sumo.advaneed to protect the security of this. Mortgage, exceed the uriginal Note.
<br />
<br />12. M~ I'rovisio....
<br />
<br />I.} Any forebearance in exercising any right or remod)' shall not be a waiver tbereof.
<br />
<br />(bl A1Lremedies provided herein are distinct and cumulative tl> any Qther right a(fordod by law orequit)',
<br />and may ooexe<cised c"Oncunently, independently or successively.
<br />
<br />(c) The covenants and agreements contained berein shall bind, and tbe rights inure to, the respective
<br />""""""""'" and assigns of the Mortgagor and lbe Mortll8ll"".
<br />
<br />I d I All """'nanto and agreements of tbe M....tgagor are joint and seve..,
<br />
<br />(e, Theheadlnp of th~ puagnlplls of this Mortgage are for convellience only and sball not be used to inter,
<br />ll"'t or define tbe provisioN bereQf.
<br />
<br />Iii. ~ l)!'O'l payment of all sums secured by Uti. Mortgage, Mortgageesball discharge this MlUtgage and
<br />shall ",""ute and deliver.. satisfactw'Y rei....., Ut"",ror.
<br />
<br />IN WITNESS WHEREOF, Mortgagor blS executed this M",rtgage on th.JlQl:hIay. of
<br />
<br />Nov~mer ,19..Jill..
<br />
<br />. ,/~f" ,"; /il~'- __.0~;/<~:J:-~?--'
<br />\~td"'f.j-~1k' / /H.';-~
<br />51'/' f /. /.- ,
<br />Klu~;~t~~.r I-~.(,{j~v
<br />
<br />B<nl'Owu'
<br />
<br />BottOwer
<br />
<br />State of NebnoU,.._..Jl.a.LL......__.
<br />
<br />County os:
<br />
<br />On this~-'---daY or Novartler 19.!lli.......before me, the undersigned, a Notuy Publl~
<br />
<br />dul)'~lIIld<luallr~tQlsaldeounty, plIflIOOaily eame Gerrald K. Foulk and Karen F Foulk
<br />
<br />Husband. and Wife . to me known to be the
<br />i~ peosontsj ~_(sj", subscribed to the loregolnginotrulMnl and acknowledged the executiontberoof
<br />tobe hiS and her
<br />
<br />voluniltty act and deed.
<br />Grand. Island, Nebraska
<br />
<br />.'---J
<br />
<br />~~?~:;:~- ~
<br />
<br />_ in said cOUIlty,the
<br />
<br />.>f:>!!~?2~
<br />
<br />No...,. _
<br />
<br />\Vim- my. hand and notarial osal ai
<br />dII;e:.~,
<br />
<br />
|