<br />I
<br />
<br />I
<br />
<br />7. Condenmalion. In.the.wnt the Property, or any part tlu!rnof, sbaII be taken by eminent domain, the Mortgagee
<br />isell\pPWl!ledtoeollectand JeCeiveaU compensation which: may be paid for any property taken or for damages to property
<br />not. taken, and Mortpgee siIaII' apply sach compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and iestote thepropert;y so damaged.
<br />
<br />. . . 8.Porl__ by. Mortgagee. Mortgagee ntay, but shall have no obligation, to do any acl which the Mortgagor
<br />haI> aped but Wlstodo, and Mortpgee mayaiso do any act il deems necessary to protect the lien. hereof. MortgagQl"
<br />~. to feJl!lY.upon demand, any slIInuoelql!lnded by the Mortgagell for the above purposes, and any sums so elql!lnded
<br />~,...th\lMo~ sbaII. be lidded 10 the indebtedness .secured hereby and become subjecl to Ihe lien bernof. Mortgagee
<br />m,nnot incur' 8IlY personal liability because of anythll1llt lD&Y do or omit 10 do hereunder.
<br />
<br />9. Default; AJ&igmnent of Renll. Trme is of the eII5MCe. hereof, and upon MortgagQr's default in any covenant
<br />oragreetllent of this Mortgag;!,ineluding covenants to pay when due the sums secured by this Mortgage; theM()rtgIIee shall
<br />be entitled, at illf sole option and without notice, I() declare all sums secured bylhls Mortgage.to b!> Irnmt!diatejy.d~and .
<br />payable and ntay clll\lDJellC<! . f<>reclosure of this Mortgage by judicial proceedings; and, prollided further, thatupon~ch
<br />defaljjt.theMotqaeee, or a receiver appointed by a court, may at ita option and without reeard to the,adeq\lacy..of the,
<br />liOCl!lItyienter upouand take possession of the Property and collect lhe rents, issues and protitstherefroll181ld apply them .
<br />fustto.the.eostof collection andop!llllllon of the.Pi'operty andtben upon the.indebledneaa secured bythlsMortilqee;
<br />$BId.rents, issu.. and profits .beIngassignOO to the Mortgagee as further securily for the payment of the Indebtecllitla
<br />secured. hereby.
<br />
<br />10. 'l'ranater of Property. j( all or 8IlY part of the Property is sold or transferred wllhout the express .wrjttetlcon.
<br />sent of tile Mortgall"", Mortgagee may at its sole option, declare all sums .secured by this Mortgage 10 belmmediatelydue
<br />and payable;
<br />
<br />11. Future Advanees. Upon request of Mortgagor, Mortgagee may make additional and. future advances to
<br />Mortgagor .Sud> advanees, with Interest thereon. shall be secured by this Mortgage when ellidenced by promlisaory notes
<br />stating tbat said notes are secu",d h.."'by. Al no time shall tIu! prlncipallllllDUntof Ihe indebtedneSs._ureoWtbIs.
<br />MorlpJe, not induding slUll5ad....nced to protedthe security of this Mortgage, exceed the origlnal Note.
<br />
<br />12.MisIleIIa_ Provlrioas.
<br />
<br />(aj Arty forebeenmce in exercising any righl or "'mOOy shall not be a waiver thereof.
<br />
<br />(1)) All mmedies provided he",inare distinel and cumulatM> to any other right afforded by law or equity,.
<br />and may be .""rd...,.; concurrently, independently or successively.
<br />
<br />l c) The covenanta and agreements contained heNin shall bind, and the rights inure 10, the respeetiYe
<br />....,.,.,...,.. and8lligns of the MortNor and the Mortgagee.
<br />
<br />(dj AU covenanw and acmementsof the Mortgagor are joint and ....ral
<br />
<br />(e) The headin.. of the pa.raeraphs of this Mortll8ll" are for convenience only. and shall not be used to Inter-
<br />pmt or dellne the proyialons hereof.
<br />
<br />13. ReleaM. Upon payment of all sums secured hy this Mortll8ll", Mortgape shall disebarge this Mortpgean.i
<br />sbaII.xecuteand deliver a satitfadory ",I....., therefor.
<br />
<br />IN WITNESS WHEREOF, Mortpgor baa executed this Mortg. on the 2nd. day of Df!,'pmhAY . 19..ill...
<br />
<br />~~;-=-?,r(,<;/ ('. /~::;~:~/L.-
<br />;:EP1~~~- Bouowor
<br />
<br />(Debra D. Plate) Borrower:
<br />
<br />StUe of NebnoIta.
<br />
<br />Hall
<br />
<br />County 55:
<br />
<br />On till&
<br />
<br />2nd
<br />
<br />day of December
<br />
<br />191:!.L.. before me, the undersigned, a Notary Public
<br />
<br />duly eommiIIionedand qualified forsaidcounty,petsOfl8llycame Timothy C PlAtA "nil nAhYA
<br />
<br />D. Plate , to me known to be the
<br />idenl:ieal peraontsj whosename(s) .... subscribed to the foregolnl Instrumenl and acknowledged tbe execution thernof
<br />
<br />to be tkoi>:
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<br />WltDe!$.my hand and notarlallOlli at
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