<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 />
|