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<br />I <br /> <br />I <br /> <br /> <br />1. CmtdemaatioD.lA theevent lhePrOpett;y ,or any part thereof, shall be taken by eminent dOmaiD,the Mortgagee <br />isempoweredtQ deetud ~..,aII compensatioD which my be paid for any propertytaltenor for damages tQpropett;y <br />Q<!t:~takeu; andJlf~shalli applysucb compensatiOD, at its option, either to a reduction of the indebtadneaa secured.. <br />bm,~or t,O.~:alld_.the property &Odamapd. <br /> <br />8...~.bi~.~ may; but sball have no obliCl\lIon,todo""y.ct.whlchtheMl>~ <br />bI.~blltta!ktQ<lo,andMo~_Y.aJscj do any act It deems n""-"Y to.pt!)tectthe lienhereot, M9~r <br />~toie",y;~~d.)II!y SU~$O~dedbytbe MortgaJreefor the abov"pw:poses,81Jdanys_",~p'titfed <br />by.1lle'~.~~beadded~ tl!eindel)tedneasecured herebyud beeOInt> subje,ctto.tIle Jjenbell!Ot.Mort~ <br />shali~i1!cUranypeilsolWlialillity~ofanytblngit.lDIlY do or omlHod<i bere~r. . <br /> <br />. ..lJ/I/efiitiIt; ~illf Rents; Time Is ot thef!lllJ(!nce h_o~ and UpoJl.MortPt<<sdllfauftIDanyCOYeDJnt <br />'(jl~mentotU$'Mortpge, indtidln( c<>vell8Dts to pay when due the sums _dby th1Ir Moli_;the.Mortgqee'sI!al\' . <br />"entltled,at ltllsoMl opJ:lon and withomnotice,todeclare aliSUllll< _dliy'tbisMoJtpge:tob'l'i~lyduaand . <br />~ andlWlY.<:OmDl8nceton>closure ofthlsMortpge by. judicial proceed\rlp;.andn.rovldecHurther,.tJiat upqn..,ch. <br />de~ tIle.~, or llmceiYer appointed by a court, may at .illloption and1rithout .regariUotbeaclequacy,'oft\le <br />~ty, l.!Bb\r.llpMlIDd iaIte~n oflhe Propett;y ~d i:oIlactthanlnta;iSSllennd profitatbem!rom andiAJIPiY:th~ <br />fIrit. to tbeCOlt ofcolleetion and opeutionoftheProperty""d then .upqnlbalndebtednesueCllred by.thls.~ <br />IIId_til; issIulsandpmllta beingusigDedtothe Mortgagee /I$turther secllrltyf"rthe.paymentoOhellldeb~.." <br />-1&d~Y. .. <br /> <br />10. Ttusfer of property. If all or any part orthe PrOpett;y is sold ortransCened W1tboilttheexpreSs. wrltteiuimF i <br />_t of the M~, Mortgqee l1l4yat its .00e option, declare aU sums .secured by this Moftpge to be'imrnedlately due <br />and~ble. . <br /> <br />11. Future A4nnces. Upqn request of Moligag01, Mortgagee may make addltlol1aiand;fUturead_ee,rto <br />Mo~r. SUch achances, \lI'ith lntemst thereon, shall be secured by this Mortgage wilen evlden""'byproutissorynoteli <br />statingthat..id notal are secllIedhereby. At no time .baII the principal amount of the indebtedn...._wea OY-this <br />Morl:pfe; notiodlld!ng _ advanced to protect the """"rity of this Mort(IlIt!. exeeedtbe original Note. <br /> <br />12. MiseeIIaneouI.ProvisionL <br /> <br /> <br /> <br />(a) Any forebeamnce in exercl5lngany right or remedy shall not be. waiverthlllllOf. <br /> <br />(b) All ",medieoprorided herein are distinct and cumulative to any other right .fforded by law or equity, <br />IlIId may be eurcisedooncunentiy, independently or sUCCl!llliively, <br /> <br />(e) The cownanl>l and ..,...,ments e<mtained herein .baII bind, and the rights inure to, the respeetive <br />.ucceosors and _igns of the Mortgagor and the Mortgagee. <br /> <br />(dl All "_Is and .greements of the MDrtcacor are joint and _ral. <br /> <br />(e) 'I'M headinp of lI1e paraaraphs of this Mortgage are for convenience ollly and shall not "used to inter. <br />pret or define the proviaions hereof. <br /> <br />13. ~,Upon payment of aU SUIOS secured by till> Monpge, M.mtp,"" .!1alI . diIchaIge tills 1pp and <br />shall executa and deliver a oatisfactol:y ~ therefor. <br /> <br /> <br />~:,~~~r ,....xecu~~<:'day of De" <br /> <br />"" ..".'? ..'.. .. .1.. . ~". /./~. . ',L.. <br />. ';"~'i 21)' ~~ <br />1/:::. 'Ifj;;I;! km.l.' <br /> <br />\~ \, '},ji (NAncy r,y'ESSinlq/ <br />S&ateof ~"::'<:~l~>. . t'Cunty sa; <br />· ~,- . ~~~ :2, :: 'F -,,-:'~;_;:~~f' <br />On thk 1 ~""'''"\'lIiY of tJecenlber <br /> <br />. 19.JU... <br /> <br />Boaower <br /> <br />_0.... <br /> <br />19J!L. beta", me, the undenigned, a NollUy Public <br /> <br />_ COIDlIIlsIIoaecand~ forWd COUllty, penonallyeama <br /> <br />U~g6~ ~ ~~~~n~ ~nn N~nry <br /> <br />L.Eli!sinl< . , to me known to be the <br />idRiical penon(al -.me. _(I) "'" ...bocribed to the fOle(Dinginatlument and aclcnoWledCed the execution thereof <br /> <br />to_ t~ir <br /> <br />vo!ulltuy act andde<ed. <br /> <br />~\ <br />s <br /> <br />WJl1Mfa Diy hand lIIld notalialseal at <br />..~. <br />My~e.llpiles, <br /> <br />Grand Island, NE <br /> <br />in said county, the <br /> <br />.,.--; / ('." "J .'J r 4 / <br />~fl ~'f..d~L .../-" 0-/:/ ~ ,.<{c..;?~_ <br />./" -, - (,..-~r --... .. NotlItrY-PubUt <br /> <br />L <br /> <br /> <br />l- <br />II <br />4 <br />i:t <br />..~ <br />~'l <br />II) <br />4: <br /> <br />\.ll__........._r..~_R_1 <br /> <br />..: <br /> <br />d <br />