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<br />7. Condemmtion. I.nthe even~ t....Property , or any partthereof,shall be takeD by .minen~ domain, the Mortgagee
<br />iaempowered to collect and receive all comp"osation which .maybe paid for any property taken or for damages.to prop"rty
<br />not taken, alId. Mortgagee..balI applysucl1 compensation, a~ Its <>ption, either toa reduction of the indebtedne.. secured
<br />hereby ortorepainnd restore .the prop"rty so dama~.
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<br />8. Perri>rmaDee by Mortgagee. Mortgagee may, but sball hav.no obligation, to do any act whlchtheMortg(!tor
<br />has aped b.ut fail< to do, and Mortgagee mlIY 4150 doanyact it dooms necessary to p,.,Wct th.U.nl1ereof,' Mortgagq,
<br />agrees. to repay, upoo demand, any sums so expended by the Mortgagee for the above.p~, andally,sumsso.eXP"llded.
<br />by.the Mort]!agee shall be added to the Indebtedness secured l1ereby and beoollle subject to th.Uell lIe....f. M~~
<br />sbaII not incur any p"rsonalllabillty. beeau5e of anything It may do ,)f.omit to do hereunder. .
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<br />9, Default; Aosignment of R..nts. 'l'I_ is oftbe .....nce hereof, andllpODM~r'sderanftlh ~nYeOvena!it .'
<br />"" ~...tof this Mortgage, including covenants to pay wbendUe the sumsseeunidbythls Morttlage.the.Mo~SIWr .
<br />be entitled, at its sole option and wlthoutnotlee.to declare llihums'securedby thltl Mortlflll'l.tDhe'llllllledll1tely.du..ana:
<br />payable and may commence (0_10$1111' of this Mort(age by judicial proceedlnp; and, proridedfW:thBr, thatUpOOlucl1'
<br />default.theMm1gage<!, or a """,iou appointed by. court, may at Its option :and:W1thounegardtotllei!de<l.uaey' ;ot~
<br />security. en.... upoo and take poaession of the Property and coIleettherents,lssu<IlIand profitsthererwmJlld~i>~th\!~i
<br />!ilstto the coot of collection and operaLlon of tbeProp"rtyandthenuponthe.lndebte<ill...~l1Jrtbi$;M~;
<br />said nmta. iosueo and.proflts beingasslgned to the Mortgagee v further.security(o! tM.payl1llIIIt.{'Jf:tbe;~t$~':
<br />aeewed hereby, .
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<br />10, 'I'ranllier of Property. rr all or any part of the Prop"lty is sold or tr1lI\Sferred....itAlOuttlr"ejpresswrttbit.;eon~ ,"
<br />sent of tbe Mortgagee, Morti"l"" may at it!; sol. option, d.ehre all sums .secured by th~ Mortll'lll" to be .l~tely;~.,
<br />and payable,
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<br />1 L ~"uture AdYaneeL Upon request of Mortgagqr,MOrtgagee lIUlymake.dditionaLlInd :rutWe'''ldjaneei,~,~
<br />Mortgagor. Sucl1 advanees, with ;nwrest thereon. shall be secured bythls Mortgage wbenevldeneetlby;pl!Jtnbso9'l\~'
<br />stating that said notes are se<!Ured hereby, At no time shall the prinelpal. 'amount of.tbe. !ndel>tedri<1ss,~f6Y~t,
<br />~. not includlng,su_ advamold t<l protl>et the Il<'CIlrityot this Mortgage, exeeedtheorilllnM Note. . .
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<br />Any r_bearanC<' m ""."'!slng any right or....m<>dy shall, ,.( be a waiser thereof.
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<br />All rell1lldleo prosided h....in Cl'O dial> . and comwali", to any ntbel right aflorded bylft.t\req\ltb-i'-'
<br />and may be .""'_ COllClurently, indep"ndently or ___veIy;
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<br />(c) The """'\lallla and llpemenL' contained herein shall bind. and the rlghlaln~'fu,the.~\i!!,
<br />ou"""""",,, and aultI... of lhe Mortgagor and tbe Mong....., . . .
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<br />IN WITNESS WHEREOF, Mortpgor has execute<! this Mo.we (on the 27 t l).day 01 ............J~. 19l!!Lc,
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<br />'~M_~' , {L ~~~<o~'._~y,~_,\.,~ i~/~~!~.
<br />(€;~org.(~ A. ''New-comb,- ,(;-.) v Bouoww
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<br />('R/Jhn J, IT,,~<.>inb)
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<br />(dl AU eoVl>tWlll and al!f\'ellll!lltsor the MOl'tp&Ol are jolllt and """,,raI.
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<br />(e) The hoadin!I> of the parqrapbt of uu. Mortgage _ forconsenienee onlyanlishalln~ be'1ftd;toill~,
<br />prm or d4>fillll the ptolliilonshereof.
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<br />13. ~. Upoo pay_nt of aU ......."",,,red by this Morl...., Mortgagee$hAlIdiooll.uce.lllli.M~s:~:,
<br />:shall ."oeu1e and deU_ a ..tlstaetffi-y ...i~_ Ih~rel()J',
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<br />St.at.e of Nelltuk&,
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<br />On uu. _.__?_;,.::..~'--_._ day ot .... _____'" 1 v _.__.._", 19~. before me, Ills undeniClled, a Notary Public
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<br />duly <:ommiasioned and qualified for said counly. p"nonolly cam.
<br />
<br />George A. Newcomb, Jr. ~nd
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<br />K,dl'~.:.!_.-L-..~~~~(m:B..L~~~~~~~*, dtH.t_~_~_LL~____'_~___~__'_~J to me known to be the
<br />ideotical P"BQO(s) wh_ 1WI1<'($) ...., .ubo<:ilbod to the foreiOing imtrumenl and acknow1edced the exeeutioll thereof
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<br />to be ..._.._t he i r ___'__" voluntary set and deed,
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<br />Wl_myhandandnolMial_lat____ Grand 151"n4, Nebraska
<br />date aforMald ,
<br />JJ....................
<br />My Comllliasiotuxplres; . '. l11fMM. . . '11. STMIlf.Y. .
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