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<br />I
<br />
<br />7, Condemnatll'n, In the event the Prl'perty, l'r any part therel'f, .shaJl be. taken by eminent dl'maln, the Mortgagee
<br />is empowered to collect and.receive all cl'mpensatlon which may be paid fl'r any prl'pertytakell l'rfl'r cIaml!ges. to PropeJ:f:y .
<br />not taken, and Mortgagee shall apply suchcompensatll'n, at its l'ptll'n, eithertoa reductionoftheind8btednes&:~'
<br />hereby l'r tl' repair and restore the property sl' damaged~ . . .
<br />
<br />8, Per!l'rmanceby Mortgagee, Mortgagee ~y;' but. shall have noobliga.tion, todl' ""Yac(wbICiii~~~c,
<br />has agreed but fails to. dl', and Ml'rtgagee lIiay. also do. any' act It. deelDSlI""""""o/ t<>W:l'fet:ttJl!!lien,~9r.;~ . .'
<br />agrees to repay, upl'n demand, any, sums.so expended by the Mortgagee!l'r the'..bov~~,'~ant
<br />by tile Ml'rtgagee shall .be added tothe indebtedness secured herebyandbecomesubjeCti(jthe~iihe'
<br />shall not incur any persl'nal liability because of anything it may do or l'mitto dl' l1ereiirider;, , " " , , '
<br />
<br />
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<br />10. Transfer of Prop,erty. If all 'or any part of the Property iS~~OI~ Oi-_~f~~~;::~~~~,~~_~~~-,~~~,::~~~~~~~!:": -;~~:'1~;_:~;;~
<br />sent of the Mortgagee, Mortgagee may at Its sole l'ptlon, declare all SUIDS .secured by this Mortgage ,to beclmi1i.eCllll~lj;~di1'ii, ':,:,.,':,/.,
<br />and payable. ' ,,:el'S.:
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<br />,11,'/' .,;.
<br />
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<br />
<br />'~-!c):i
<br />
<br />11, Future Advances, Upon request of Mortgagor; MortgageemaYmakeadditi~nal,lmd'fUtUrei'ad,
<br />Mortgagor, Such advances, with interest thereon,shall he secured by thisMortgagewhene'!idenced.byp",~~:
<br />statIng that said notes are secured hereby, At no time shall the principal amount of:.the, indebtedness:~
<br />Ml'rtgage, not including sums advanced tl' protect the security l'f this Mortgage; exceed the:origfull1 Note:
<br />
<br />"'t
<br />
<br />12, Miscellaneous Prl'visions.
<br />
<br />'::-, ::-~::::~;,'!i,:::.j:'
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<br />
<br />(a)
<br />
<br />(b)
<br />
<br />Any forebearance in exercisin.,. any right 01" remedy shall _~....t be a-waiver. thereot
<br />
<br />All remedies provided herein ale distinct 3Ild cumulative to any other right afforded:by IllwQr eqi\ltj(;'.;"
<br />and may be ex~rcised concurrently, independEmtly, or-succesSively~ -.
<br />
<br /><'~~":-'~
<br />
<br />,. -i,~' ~;~:
<br />
<br />(c)
<br />
<br />- ,'--- '- "
<br />The covenants and agreements contained herein shall bind, and the rights inure,tQ,t.I1e,.~ti'l'~'>'
<br />successors and assigns l'f the Mortgagor and the Ml'rtgagee, ' .' ".
<br />
<br />AU covenants and agreements of the Mortgagor are joint and several.
<br />
<br />_"c ':<,
<br />
<br />(d)
<br />
<br />
<br />',", ';--:::'<~~<::i:
<br />
<br />(e) The headings of the paragraphs ofthis Mortgage are for convenience only and shall not,be'llsedtointer;
<br />pret or define the provisions hereof. ' -
<br />
<br />13, Release, Upon payment of all sums secured by this Ml'rtgage, Mortgagee shall discharge this' Ml'rtgage and
<br />shall execute and deliver a satisfactory release therefor,
<br />
<br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on the -5.th. day of ,Tn 1 y
<br />
<br />
<br />.J." /V \"X CI. ,-!> J/ CI..- u--tJ
<br />(Lula E. Davis)
<br />
<br />Bo:&:rower
<br />
<br />BozroweJ:
<br />
<br />State of Nebraska,
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On this -2~_ day l'f
<br />
<br />July
<br />
<br />, 19~, befl're me, the undersigned, a Notary Public
<br />
<br />duly commissioned and qualified for said county, personally came
<br />
<br />Lu]a E Davis
<br />
<br />, to me known to be the
<br />identical person(s) whose name(s) are subscribed tl' the foregoing instrument and acknowledged the executil'n thereof
<br />
<br />to be
<br />
<br />her
<br />
<br />voluntary act and deed,
<br />Grand
<br />
<br />Witness my hand and notarial seal at
<br />date aroresaid ,
<br />
<br />&:~land' NE ,4 . J in.rod county, the
<br />
<br />( ~ ~~~/~
<br />Notary Public
<br />
<br />~~ My CQJ;mmiSSion expires:
<br />
<br />'-:.~' ----..........""
<br />-, I..:::> JON F. WEBS
<br />c) - ---IIIJ c... EJrp..w,.11._
<br />(Space Below This Line Reserved For Lender and Recorder)
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