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<br />7. COl\de~nation; Intbeevent the Property,or any part thereof; sban be taken by eminent domain, the Mortgagee
<br />isempowered to coUectand relleive all compensation wbicbrnay. be paid for any property taken or for damages to property
<br />not. taken;, and.Mortgageesball applysucb compellSlltion,' at its. option, eitber to a reduction of tbe indebtedness secured
<br />bereby or~repair and .restoretbe property so damaged.
<br />
<br />... S. Performance. by Mortgagee, Mortgagee may,but shall bav.enoobligatlon, to do any act whicb the Mortg&l!or
<br />lWagreedbutfailstoqo,aridMortgageemay 8lso'doanyactitdeemsnOOellsaryto protect tbe lien.bereof. Mortgagor
<br />agrees to repay, !Ipondemand; any su~so expended by. tbe Mortgagee. for the above purposes, and any sums so expended
<br />by; the, Mortgageesball.beaddedto tbe indlibtedtiess~d berebyand. become subject to tbe Henbereof. Mortgagee
<br />shan not incur anypersonailiability because of anything;t may do or omit to dobereunder.
<br />
<br />9, Default; Assignment of Rents. Time is oftbe essencebereof, and upon Mortgagor's defaulnnany covenant
<br />or agreement oftbis Mortgage, including covenants to pay wbendue tbe sums secured by tbis Mortgage; tlieMortgageesball
<br />be entitled, at its sole. option' and without. notice, to declare all sums secured by tbisMortgage.to beinimediitely due and
<br />payable and may commence. foreclosure of this. Mortgage. by.judicial proceedings; and,. provided. furtber, tbat upon sucb
<br />defaulttbe Mortgagee; or'a receiver appointed byacourt, may at its option andwitbout regard to the adequacy of tbe
<br />security, enter upon and take possession of the Property and collect the rents, Issuea and profits therllfrom,and apply them
<br />firsttl> the cost of . collection and operation of the Property and tbenupon the indebtedness secured by this Mortgagee;
<br />said rents, i,,!,Wlll and profits being as-signed to the Mortgagee as further security for .the payment of the indebre~
<br />secured hereby,
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<br />10: Transfer of Property, If all or any part of the Prl>perty is sold or transferred without the express written con-
<br />sent of tbeMortgagee, Mortgagee may at its sole option, declare all sums ,secured by this Mortgage to be Immediately due.
<br />and payable;
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<br />11. FUture Advances. Upon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor, Such advances, witb interest thereoo, shall be secured by tbis Mortgage when evidenced by promissory notes
<br />statingtbatsaid notes are secured berehy; At no time sball the principal amount of the indebtedness secured iiythis
<br />Mortgage, not. including sums advanced to protect the security of tbis Mortgage, exceed the original Note,
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<br />12, Miscellaneous Provisions.
<br />
<br />(a) Anyfornhearance in ex..cir .' any right. or remedy shalloot be a waiver thereot
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<br />(b) All remedies provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and_Jn3y-be-exercised concurrently; independently or successively.
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<br />(c) The covenants and agreements contained herein shall bind, and the rigbts inure to, therespectiv.
<br />successors and assigns of the Ml>rtgagor and the Mortgagee,
<br />
<br />(d) All coverumts and agreem.nts of the Mortgagor are joinland ..verat
<br />
<br />(.) The headings of the paragraphs of this Mortgage are ~forconv.ni.nce only and sballnol be used'tointer~,
<br />pret or define the provisions hereor, ~
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<br />18. Rei..... Upon payment of all sums secured by thisMortgaii.;M';rtgag;;~I18ii disCI1~.thi~Ml>~;'g.'~,i
<br />shall .execute and deliver II satisIactOl'Y release therefor.
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<br />
<br />IN WITNESS WHEREOF, Mortgagor has executed this ~~r~ge on y..~ ~aYOf
<br />...,.- ,/ -
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<br />
<br />Jlln" ,19.aL,
<br />(Alex S. Car so!,.!.
<br />
<br />BoUO.w8r..
<br />
<br />Po: ,; i+~\ r~~... ,1\.,\' /)~ I~
<br />(Ida M:. Eng I emap) , ".
<br />State. of Neb... Hall ~C9unty..,
<br />~'2T~J.,iA,\"" A~~.I .:
<br />Onthis 15th ~_day of June , 19~,Deforeme:th."illiil.~ed,1l.mtaryiPublic
<br />
<br />duly copunissioned and qualifi.d for said county, personally came Alex S. Car son, Marlin. D. . E!"igleman
<br />
<br />and. Ida M. En91eman . . .. ."tom.known:tobe.the
<br />identical pen;on(s) whose nani.(s) are subscribed to the foregoing instrulDent andacknowledge(j th."".cut!on thereof
<br />
<br />
<br />
<br />to be
<br />
<br />their
<br />
<br />voluntary act 1I00I d"'ld,
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<br />Nfl
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<br />in :aaid-CGWl!:i ~ the
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<br />NotarY- .p~bUc
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<br />MY:<:omm,iss\on.xPires;;;.'.......... ......_.....~..... il...lIIWI't.,'..........-..-.......c."'...-.... ... ....
<br />h -, - , - JON,. UIIQ!I
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<br />'l'llili Line: Raavet1, fro.r 'LeuUr:,NW ,R,ocord..)
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