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<br />7.. ~iIe~tion, In the event the Property, or any part th.reof, shall be lak.n hy .minent domain, the Mortgagee
<br />is .mpo....redto;coIleet arrdleceive all compensation which may be paid for Iny property lak.n or for dlmaces to property
<br />not tak.n, and Mol1paee sh.a11 IppIy such compensltion, It its option, eilh.r to I reduction of Ih. indebledness secured
<br />h.rebyorto ",pairJlI1d~toreth. property sOdan1aged,
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<br />8,Peif..~ by Mort....., Mortgage. OIlY ,but shall hlv. no obligation, to do any act which the Mortg&J!or
<br />hisgriled: but failiito do, and Mortgagee inlY also do any oct it deems necessuy to protect th.li.n bereof, Moneagor
<br />...to~pay,,,~ tleil\and,II\Y slims so expendi!d byth. Mortgagee .forthel~e purpooes, and any sumno expended
<br />bY.!be~O~shdbe Iddedto the indebtedness:secuii!d bereby and beCome subjecl to the li.n b.reof. Mortgalee
<br />&hI1 not incur Iny. personal liability because of anything it JilIy do or omit to do bereunder.
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<br />9; Default; Assipment of Rents; Time is of tb~ ....nce b.reof, IIJId U!"'D Mortpgor'. default inlJlY covenant
<br />orgrilementof thiS Mortgage, including cov.nants topoywb.n due tb. sums secured by tltis Mortgage, tb.' Mort......ibiU
<br />beenlitl.d, II. its sole opti6lt and without notice, to deellrea1lsuDlS...,uledby.tbisMortPCeto be immediatelY dlle IIId
<br />payable and OIlY' commence foreelosure of tbis Mortgage by judicial proceedinp; Ind,provided'fUrtber. tbat upon sum'
<br />default the Mortg....., or I receive. appointed by I. court, may al its optionlnd without ~tc;' tbeldequaCy of the'
<br />SftCurity, .nter iljlohlndtake possession of the Property andcolleet th.;...nts,iSsueslndPJofitstbere~m;and..ythem"
<br />li18t: to the_tof .coIleetionlnd opelltion of the . Property and theu upon th. . indeblednfil; secured' by thlS'lIortgagee;
<br />Slid rents; issues and profits beioglSSillD.d to tb. Mortgagee ..fUrtber security for tb. paym.nt of th"..in~b*...
<br />secured bereby,
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<br />10, Trlnsfer of Property: If all or any part of tb. Property is sold.or trlJlsf.rred without tb. express 'Ifri~n"!ln.
<br />sent of tb. Mortgagee, Mortgagee may at its sole option, decllre all sums ,secured by this Moitgageto !Miimmecliately due'
<br />and plyable.
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<br />n, Future Advances. Upon request of Mortgagor, Mortgagee may mite additionillJldfUl1IJead~lil!I';~.;
<br />Mortglgor, Such adYlnces, witb interest tbereon, shall be secured by this Mortgagewben'e~nCled'bY'~ito1ll!f0
<br />slating thlt said notes Ire secured bereby, At no time shall the principalllDount'ofth.'incie~dD_ ~1iy;iiIa;;
<br />Mortgage, not including sumudvon""d to protect the security of this Mortgage, exceed>the orilliulNOIe,' .
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<br />12,.. MiKeUoneousl'rovisions.
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<br />(I)
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<br />(b)
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<br />Any forebeuance in ex.reisinglnY right or remedy shall not be. I wai~er thereof.
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<br />All remedies provided herein Ire distinct and cumulltive to any 6tberript IffOJded 'byaaw'oi'~"IlYl>
<br />and. may be exercised concunently, independently or successlve!y. .' .' ..
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<br />(c)
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<br />Tbe covenants and agreements contained herein shall bind, . and tile. ri&b~in~ 10; ,tI1eris~~;,~
<br />successors and ISSigns of the Mortgagor and the Mort....., . , .. .
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<br />AlLcovenauts and.....mentsofthe MOrtgag.... Ire joint Ind sevent;
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<br />(d)
<br />(e)
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<br />Tbell..dinpof the JIUIIlIpbs Of thisMortgage.~ f(lr conveqienceoni'lil!i1Ih111.ot,bi;i1"~{~blt.lt'Jf;
<br />pret or define the provisionsbereof. . ',,:o, .., ,
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<br />13.,.ReIQa. Uponpllyment of all sums secured by this MoriJaIe,,~~l,~~.~tc';;';'
<br />shall execute.anddeliYer ...tisfactol:Yreleose tllerefQr. .' ., . , . "
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<br />INWITNJ;SSwHEREOF,Mortgagor b.. executed thisMortilqe on the. ,3rliday;~' ~~~,' .,' ......
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<br />State of NabroMa, Hal]
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<br />On this3rd . day of , May.. , 19~.bero....i~Qo~~ji~:,'
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<br />duly commissioned an~ qualified. for Slid collnty, pe_a1ly came Robert DOdendorf.R~Cha~~~:R:;~t~f~~e~.~.i;;
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<br />~ R:onald - B. _ Alexander. ,Partners of. DO~ ,Investment_ C~mpa~,v_" (1:\, ,_pa~_~~,~~~~_~_c~~~l ~~,:~;:~,'<
<br />ident;ical.penon(s) wb_ _(s) Ire subscribed to the (""'Ioinl insltunlellt andacllDQ,.....,",th.;~tjijinh.~iii,J: '"
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<br />lobe their
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<br />voluntary act and!ieed,
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<br />Wi~,IlIY band and notuial seal at
<br />date~li.
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<br />My CcIm~9'\,,xP~
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<br />lS~ 1IelPW -'.l'bIJI J,dQII: _R~e4_. FOl- L:!ader Uld, Recordft)
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<br />Grand Island. NE
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