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<br />7. Condemnation, In the event the Property, or any part thereof, shall be taken by eminent domain. the Mortgagee
<br />~ empuweTrd to collect and receive aU compensation which may be paid for any property taken or for damages to property
<br />not taken, and Mortgagee shall apply snch compensation, at its option. either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged,
<br />
<br />8, Perfonnance by Mortgagee. Mortgagee may, but sball have no obligation, to do any act which tbe MortNOr
<br />11"" agreed hut rails to do, and Mortgagee may also do any act it deem. neceosary to prolect the lien hereof, Mortp&or
<br />agrees to repay, upon demand, any sums so expended by the Mortg.... for the above purpooes, and any sums so expended
<br />by the Mortgagee sball be added to tbe indebtedness secured hereby and become subject to the lien hereof. Morlplee
<br />shall not incur any personalliahility because of anytbing it may do or omit to do hereunder.
<br />
<br />9. Default; Aaoipment of Rents. Time is of tbe essence hereof, and upon MortNors derault In any CO"lll,nt.
<br />or agreement of this Mortgage, including covenants to pay when due the sums seemed by tbis Mortpgedhe Mort....ilbill
<br />be entitled, at itr. sole option and witbout notice, to declare all sums secured bytbis Moltpll<.to beilllJiledlaleJylluifud:
<br />payable and may commence foreclosure of this Mortgage by jUdiCial proceedings; and, provided furtIIer,tJiatllpottil1leb
<br />default the Mortgagee, or a receiver appointed by a court, may at its option and without teprd 10 'lb.: a""""'" Oflbe
<br />security, enter upon and take possession of the Property and collect the rents, ls8uea and profltstbarefromud-ap}llycthe.n
<br />fitst to lbe C()S~ of collection and operation or the Property and tben upon, tbe indebte4neG seeuR!dlly tbJlFMlirtpaM,-'
<br />said rents, issues and profits being assigned to the Mortg.... as furtber security for the paymel\t:of 'tIain.~::
<br />secumd hereby, '
<br />
<br />10. Transfer of Property, If all or any part of tbe Property Is sold or tnnsferred wilboUtthn~'Yrittell'ellft'
<br />sent of lbe Mortgagee, Mortgagee may at it_ sole option, declare all sums ,secured by this Morlpfl! to bei~li d,." ,
<br />and payable, ' '
<br />
<br />
<br />-.--,..,-,.,...,-, '-'.,:"
<br />11, Future Ad........ Upon request of Mortgagor. Mortgqee may mabadditlonaJud:Nture8tl~-iili'i:""':
<br />Mortgagor. Such advances, with ,nterest thereon, shall be secured by lbls li!ortppwltenevidancOd)bY"JlftlIII~"~~' ':"-;' --",
<br />stating that said notes are secured hereby, At no time sball the principal amount of the InaotitedneiiuOculei:W-_,.;C)-
<br />Mortg.... not including sums advanced to protect the security of this Mortg8le, exceed the oliliUlNot.e. ' , ~
<br />
<br />(a)
<br />
<br />
<br />,,-";-:,,'
<br />
<br />12. Miseellaneous Pro.isions.
<br />
<br />Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />
<br />All remedies provided herein aie distinct and cumulative to any otberrilht .fforded .bylaw,,,,eqiH)'f,
<br />and may be exercised concurrently, independently or succt!llli...ly,
<br />
<br />(c) The covenants and agreements contained herein shall bind, and tbe rlpts inure to, the:I8IJI!!lt.!,"I'";
<br />successors and assigns of the Mortgagor and tbe Mortg.....
<br />
<br />~,,1' .
<br />
<br />(b)
<br />
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<br />(d) All covenants and agre<>ments of the Mortgagor are joint and several.
<br />
<br />;-~~,;
<br />
<br />'.-' ',..".,,;
<br />(e I The headings or the paragraphs of tbls Mort...._ for convenience only and .balhlotbe, ....,dto,I"~;-
<br />pret or deft"" the provisions bereof.
<br />
<br />13. Rele..., Upon paymen~ of all sums secured by this Mort...., MOrtpaee shall dlscha1Ie tlu. M~;'...cir:'
<br />shall execute and deliver a >atisfactory release there lor.
<br />
<br />. ---'~ " ~.:,,,,~ -:;,
<br />
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<br />"t'. '.~<
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<br />IN WITNESS WHEREO.'. Mortgagor has executed tbis Mortgage on the ~th day of lola,,>,
<br />
<br />_""UJ c lj #
<br />
<br />(David E, Boll)
<br />
<br />,1:11;84;
<br />
<br />
<br />Stale of Nebruk&, __",__ __lliil.L_ ____,______.__,____,.COunty ..,
<br />
<br />On this _,~, day of __~___~ 19.8!i...., before me, lbe. undenicnod, a NotaIyPubl\c
<br />
<br />dnlycommissionedandqualjfiedforsaidcoun~y,personallycame David Eo Boll, A Single Person
<br />
<br />__________._______ , to me lrn9wn to be.\I!e
<br />identical personis) whose ruune(s) are suhocribed to the roregoing instrument and acknowledged lbe execution thenof
<br />
<br />to be ___,~...____ voluntary act and deed.
<br />
<br />Witness my hand and notarial seal at_~rand__ Island, Nebraska
<br />date aforeoaid, ~ .............
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<br />',"" mmisslonexpln>s'........,. -------~ll\;.. i'
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<br />____,_in said county, the
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