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<br /> <br />1cCoJl.denmatioa In tIle.evenlthe. Property, oranyparttllereof, sIiaJJ be taken by .mJn.nt domain, tbe Mortgagee <br />li"lmpairered to coIl~tll!ld rneeive all compensation which may be paid for anypmperty taken or for damages to property <br />not. taken, and MoJtgaaee sbaif apptyauch . compensation,. at ita option, eitller to a reduction of the ind.btedness secured <br />ben.by 01 to'repair anll JeStoretlleproperty soilamaged. <br /> <br />8"J'edoimmoe. byt,1ortpgee. Mortgagee may, but sbaII have no obligation, to do any act which the Mo~or <br />.bitJ;~but.fails;todo>,and~. may aloodo&ny .ctitdeemsnecessary to protect tile lien b.reof.Mortgagor <br />~W'~1I"' uptlll deIJl8nd,lIJ\ySUIIIs ""expended by tile Mo~ fortbeabov. purposes,.and any SUmsao expended <br />bi~ ..~.. mall be added to, tIl~ inllebtednessse<:uredbereby ""d becomesubjeet to th.lien helOOL Mortgagee <br />~not.iDwl'ariy petsal!a1.lial>>Uty~~ of anytbingitmay do.,r omit to doh.reunder. <br /> <br />9.Defau1t~Aa8ignlneut or Rents. .Tiine Jsof tile ....nce hereof, and upon Mortgagor's default in any covenant <br />Ot~ment of th~ Mt1itgilge; !ndudiilg covenants to pay when due the sums secured by this Mortgage, the Mortgagee sbaII <br />be entltle<l;: .tits sole <lption and . witliollt notice, to declare all sums secured by this MoJtgaae .to be immediately due and <br />paYalllultdmllY commelIcef~_ of tblsMo~ by judlclal proceedings; and, providedfurtber, tha.t upon sUch <br />defilulttbe.M~, Or a receiver appointed by a court, may at ita option. and without mgardto the adequacy of tile <br />$1!tllllIIy,enterupon and take po&seQlion of the Property and collect the IIlnts, issues and pm1itstheretrom and apply them <br />l\lSt to tile costa! tolleclion and ope""tion of tb. Property and tIlen upon tb. indebtedness secured by thls.Mortpgee; <br />sai<lte1\tS, isalI.. and profits being assigned to the Mortgagee as further security for the payment of the ind.btedness, <br />seewed he.rehy. <br /> <br />10.. Transfer of Property. If all or any part of tbe Property is 501<1 or transf&rred witboutthe .xp.....writlen con. <br />sent of the Mortgag&<!. Mortgagee may atits sole option, <lechu. all sums,seeuIlld by this Mortgag. to beimm.diat&ly due <br />andpey1lhle. <br /> <br />IL Future Adv--. Upon request of Mortgagor, Mortgagee may malt& additional and futlll't! advancosto <br />MortglllO'r . SUch advances, with Interest tIl.reon, shall be secured by this Mortgage wh.n evi<lenced by promissory notes <br />slating that said noWs aI1' secured b.....by, At no time sban th. principal amount of the indebtedness secured by. this <br />Mortpge, not. including sums adnneed to protect the security of this Mortgage, .xceed tb. original Not.. <br /> <br />12. .~ Pnwisiotlo. <br /> <br />(a) Any forobe......... in .Xl!lcising any right or remedy shall not be a waiver tbereof. <br /> <br />(bl All ...medi.. pmvilled heMin are distinct and cumulative to any otb.r right afford.d by law 01' equity, <br />and may beoxem.etl ooneurtently. ind<<pendently or sUCCt>ssively. <br /> <br />reI Tbe CO......ll.. and agn.t'melll& contain.d h.rein sball bind, and the rights inure to, the ....pecti.. <br />su~ and ....gm of the /dortNor and the Mortgape. <br /> <br />(dl All ro_1& and agrpements of tb. MorlPlor ar. joint and se.eral. <br /> <br />fe I The hea<liof/l' of the paragrapb.< of this Mortgage.... for con..ni.nce only and shall not be used to inter. <br />pret or defh... the pro.wOlU hereof <br /> <br />13. a.ue-. Upon payme<u of all sumsSt'Cured by this Mortgage, Mortpgee shall diocbarge this tI, .Jlllll and <br />lbalI """""... and deli_ a oati:<factm-y rei..... th.....for. <br /> <br />IN WITNESS WHEJU.'OF, Mortgacor has exeeuted this Mortgage on the .7thqay of Decanber ,191m.... <br /> <br />.' ," _ b <br />(.'i/;- !/'k(~.;, (O/~'i'? /" <br />'~t K. Ih<;s(~ 1 <br /> <br />ltouowu' <br /> <br />Ilom>.... <br /> <br />SQtp of N....... <br />0.. this 7th <br /> <br />Hall <br /> <br />County os: <br /> <br />.day of Decanber <br /> <br />duly eom&lIlaiooed and qllalitled for said oounty, penonaJly came <br /> <br />19~ befo... me, the undersigned, a Notary Publle <br /> <br />Janet K. Bosselmln, a married \\alIllll <br /> <br />, to me known to be the <br />ltIen~ pet'OOD(.) whOwnameta) _.sIIbonIbed to the foregoing instrument and acknowledged the execution thereof <br /> <br />to be her <br /> <br />voluntary act and deed. <br />Grand Island, Neb~ .... , <br />~ . in said CO~ltbe <br />//".. ,/ / <br />-.......Iloto............... //';/;. ~/ I <br />GMt.....-.-~, /"'___..;,..-,;t". ,(;/ ,>...r l,/ <br />-a-.~l . ""..../:..;.-:X..f ..t::?1/<'~~i.,._/ <br />___~. . jNo\Uy PubJ.lc <br /> <br /> <br />~\ <br />q <br />""""- <br /> <br />ts....-~,-t'bk;.un. ~ "or ~Aftd Reeorder)- <br /> <br /> <br />ti <br />~ <br />(I) <br />Gq <br /><( <br /> <br />..; <br /> <br />(j <br />