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<br />I <br /> <br /> <br />7. CondemDatloIL In tbeeventtheProperty',.".any part thereof. shall be laken by emlnentdomain;tbe Mortgagee <br />is emJ>/>weredw OOlIect and reeeiveall compensation wbichmay he paid for any property taken or for damages w property. <br />not~lIild.M~shall'app\y.uchcomp4!n$ation,at.lts'oPtion.elther to. reduction of the Indebtedness_ured' <br />hereby or to'repaiillildmtqre tbeproPerty sodatnage<l. <br /> <br />.. . ... .S;.PI!IfOrma,Dce byM~ee;M~ may,butshall have no obligation, to do any act which the. MortgaJQr' <br />:lias ~."utfl!ilStodQ;.nd Mu~maYalsodo'an:ract it deems necessary to protecttbeiien.hereof;Mo#iagor <br />~,t'lrel>'Y,.ltPO!'ldamanli; ll!lysums$O~ndadby tbe t;lortgage\l for .the above plll'Pooes,'andany SUJnl; SO~Xl*nded <br />bytlU>' ~.. slijlllhe adlledtqtbl!indai>te4_&euured hereby.1Iild becomesuojent to the lien bereof,Mortpgee <br />sltaI.lllOt. in,,\1ranYPe~a11ilibility because .ofllDytblng It may do or omit w do l1ere""dei, ' . <br /> <br />9.lJefiult;~t<>f ll:ents.Tima is of the esseoeehereof,andupOll1.(o~"r's defaUltlllany#v~t' <br />or:~me\'lt oftblS MQ~; Includlllg covelUllttsto-pay when. dUe the sums secured by this. Mortg;lge. the MOrttlli*shalI.' <br />be1!ntitled,'atMsoIeopt1onand without notice,to declare'81ls11nlS SOClI1'ed by tbisMortgage'.tobeiinmadia~Y'dllO~li <br />payable alld-may commence foreetosureof this Moitgage- by' judicial. proceedings; and; provlde.Hurtber,tbilt'.llpOn'JIiclt:' <br />default . the Mortpgee. ora reuelver appointed by a 'court, may .tlts optlonand without regariI to 'the :adequaCyofthe <br />seeunty.e1Jl:er upon. and take~onof the Property and coll""t the rents, issues and profl& theretl'om'and.apPiy:thiiln" <br />fuat totbecost of coU""tlon 1U1d operation of the Property and then upon tlie Indebtedness secured by.thiS.MOitgBgee;' <br />saldmu; issueslJld profits being . assigned to the Mortgagee as flIrther'security frocthepayment 'of,tbe'h.debte<lness: <br />$eciIred hereby. <br /> <br />10. 'l'ransferof Property. If 011 or any part of tbe. Property is sold ortrallSferredwltfiout the eXpl:OlSw'r!tteti,con, <br />sentoI the },lorqpgee. Mortg;,gee may at its sole option, declare all sums secured by this MortpgetobeJnunediawly<\lie. <br />and payable. <br /> <br />11. Future AlIv_ Upon request of Mortgagor. Mortgagee lIllIY' make addftiooaland' futUre ~an~to <br />Mortgagor. Suell advances, witb inte....tthereon, shall be secured by this Mortgage when evidenced by prolfliSsorynoleS <br />""tiDg that said now.... secured hereby. At no time shall the principal amount of the indebtednessseeured by this <br />M~, notlncludlng sumsadvan<ed to protect the _urity or this Mortgage;ex....d the origlnalcNoie. <br /> <br /> <br />12. MiseefLuIeous ProvifiioIlS. <br /> <br />r..) An)' forebearance in exercising any right or remedy shall not be. waiver thereof. <br /> <br />(b) AU ",modies pro.,ded herein.... dlstinct and cumulative to any other right afforded by law or equity, <br />and may be """re....d c'ODcurrentiy. independently or successively. <br /> <br />(el The coVl!llants lUld apements contained herein shall bind, lUld the rights inure to; the ....pective <br />SUCOOllOOlS and llIiOig", of the Mongacor and the Mortgagee. <br /> <br />(dJ AlIcowoant.s and agreeroents of the Mortgagor am joint lUld several. <br /> <br />(e) The headln", of the paragraphs~of this Mortealle are for convenience only and shall not be used to Inter. <br />pnt Of derIDe tin provisions bereof. <br /> <br />13. ReIeaa. Upon P"Yment of all sums seeured by thill Mortgage, Moriga&<le shall discharge this IlL .....,and <br />shall executellilddeli...r a ..u..raetlKy ",1_ therefor. <br /> <br />INWITNESS WHEREOF. Mongacor has executed this Mortgage on tbe 2.th . day of n?cember . 19 ~. <br /> <br />~~ <br />Ola,rles D. Bosselman <br /> <br />Bouowu' <br /> <br />~!ri&i~, ~'iS.::l,j,,;Ji;~);'r,~ ".:.' _wor <br />Sl:Ue.of Nebnska. _"_ Hall __..__._.County os; <br /> <br />On this <br /> <br />7th <br /> <br />day of <br /> <br />~r <br /> <br />. 19.1:t3...... before me, .the undersigned, a Notary Public <br />Olarles D. Bosselman and Janet Kay <br /> <br />duly ~ed and qualified for said county. persoll8lly came <br /> <br />Bosse.llna.n. Husband and Wife , to me Im_n to be the <br />ldeatial ponon(s) wh_ ~.) &Ie subscribed to the foregoing I.nstnunent and aclmowledpd the executlonthereof <br /> <br />to be ~s aud ~r .olulllllrY ad elf deed. <br /> <br />Wltbeos myhaAdan<l notaiiaheal.at Grand Island, Ne~ /' ' In.~~ty> the <br />date.aforeWcl. .-4./ /. ,\ <br /> <br />My.~ .... ~~~.., ".:;::Y-(4'Y'.L::;;/,;'k<x~_i~, .// <br />.> __~"'___j No.... ..._ <br /> <br /> <br />(S~e'.Now..TbI& _~-R~-"l>> L<<.ade:r-*Ud 1tec0lder) ----------........-- <br /> <br />to- <br />~.. <br />to- <br />tIl <br />In <br /><( <br /> <br />-' <br /> <br />ct <br />