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<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>: <br /> <br />voIuntaJy act and deed. <br /> <br />WltDe!$.my hand and notarlallOlli at <br />da&e~d. <br /> <br />~~T <br /> <br /> <br />-- in said county, the <br /> <br />{ <br /> <br />, <br />,,/' <br />.-($pPe lkIlo.-1biI LIa.f,.B.~ Fw Lct:u:l<< od Jteoot'derJ <br /> <br />Not.Q')' h.bUe <br /> <br />."~~ <br /> <br />L <br /> <br />li.~<-'~.;1.... .....10~ <br />. --;,. ....... <br />......, .'. .1"" <br />'\:- .... ......... ..<T~;1 <br />.....'...........0..............................'1..............'............"'......':.'....;..............'.' <br />'" ,.,. . f;<'.'" <br />.,....'............... t..............'."'. .'....... ...........'........ .-................ <br /> <br />l"'M .,' <br />,..~~_Dl+~~ <br />'.-',"'-"" <br /> <br />s <br />=- <br /><1: <br /> <br />'z <br /> <br />...,. <br /> <br /> <br />"\ <br /> <br /><...t <br />... <br />..... <br />- <br />.. <br />