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7. C;ondernnatlon. to ih,reventthe livperty; ae any part thereof, shall he tl~ieen by eminent dotosin,the liiart~ag~e <br />is enrpossered to ~t wd receive .ll comp^asadon which a9ay be paid for any property: takenne for danuges to property <br />not. taicea, and '.Nwgprkee chap apply such mmpwution, at its option, either to a reductiaa of the indebtedttesr secured <br />hereby or w repair and restore the propeRy so damxaed. <br />8.7aeiaesaana by '.Nortp~sa: Martpjee rfuy, but shaif bare na obiiiprdon, to do any set which the Montgagnr <br />bat ag+wd bat taus to do, and may afro do any act it deems nevesaary io proEaiet the }ien hereof. Moryla;or <br />apses ttrrepay, upon demand, airy sums ea expended by the ]t[art`a~re for the above purpoaear and any sums so expended <br />by the Nort~ee s6~1 :be added to the indebtedness secured hereby and become subject to the,iien' hereof. Mortbc;ee <br />aha8 not incur any persoeai iiaM7ity because of anything it may do ar omit to do hereunder. <br />9. tle[atJt; Assignment o[ Raota T1ate is o[ the essence hereof, amd upat Mort;agor's defanlt in any covenant <br />orsgaament o[ this MortpKe, inducting covenants to pay when. due the surds secured by this nSortgage, the !~3ortQagre shall <br />be entitled, at its sole option and withaat notice, to declare all sums secured be thfa Mortgage to 6e immediately due and <br />payable and may commence faredosux of this MartgaRe by judicial proceedings; and, provided further, that upon such <br />datault the 7dottpree, or a receiver appointed by a court, may at its option and without re6ard to the adequacy of the <br />secsaity, eater upon end take possession of the Property and collect the rents, issues and profits therefrom andapply ttum <br />~. to the cod o[ collection and operation of the Property and then upon the indebtedness secured by this Mortgagee; <br />ssid [ents, issues and profits being assigned to the Mortgagee as Lumber security for the payment of the indebtedness <br />seeurcd Aeteby. <br />10: 'haeder of Property. 1f alt or any part of theProperty h sold;or transfcned witltogt the express written con- <br />sent of the Mort,*gee, Mort~r~e may at its sole optioA; declire ail sums:secrrred by this Mortgage;to be immediately due <br />and payable: <br />11. Fatnre Advance. Upon request o[ Mcattgasor, 1Nortp`ee may. make additioaat and future advances to <br />Iiiortga{or. Such advances, with interest thereon, shsll ba secured tty this Mortp~e' whNn evidenced by promissory notes <br />cL#o` that saidnotes are secured hereby. At no time. shall the prinrapal,-amount of-the indebtedness secured by this <br />• nd indudinR sumc adva;.ced to protect the secarityo[ this Mortsage, excel! the original Note. <br />12. Miscailanaoru tro+iaieoa. <br />(a) Any forebearance in exercising any right or remedy shall not be ry+aiver thereof. <br />(bl Ali remedies provided herein are distinR and cumWstive to any otbei ri~htafforded by-law or:equity, <br />aadmay be exercised ~ncursently, independently or successively. <br />(c) The covenants and agreements contained Herein shall bind, and the rights inure to, the respeeti~e <br />suoceran and aesigrx of the Mnri~arand the Mortgagee. <br />(d) Ali covenants and agreements of file Mtxtgagor:rrre jdntandseverai;: <br />(e) The, headings of the paragraphs of this Mortgage are tot convenience only and shall sot be'uaed to inter. <br />pret or define the prom:ions hereat. <br />1S: RaMaae. L`peo payment of alt sums secured by' tills Mortgage; Mortgagee shall discharge this Mortgage; and <br />shall executrand deliver a satisfaMaty release therefor.. <br />iN WITNESS WHEREOF. Mortgagur has exeeuted,tll(6~rtga,e ,the.~2.__day of .;snarl! ,192._. <br />~, <br />/. , <br />O E'rL D ~t 9gll- t EU~lOMer' <br />. ~,ZT~n i?.. ~IDGjU 1St ... Bortor~r <br />9tase of Naireaaka, -d~~~ --~-County ss: <br />Q+u.thia I1 dayaf__ Saruary ^~~ 19 .gam ,before me, the undersigned, a 3Yotary Public <br />du-gconmipkooedaodqualitledfursaidmanty',pertonallycame- Rn?,Prr ~_ pl,rnri=* nd ";ar {a lk. <br />ATe,nuist Husband and i•7ife __ to me know^ to be the <br />idaaticai peerw(s} whose cane(s) etc subscribed Lo the foregoing instrument and acknowledged the. execution thereof <br />3 <br />~~~ <br />~: <br /> <br />and notarialseai at Grand "Island, i4ebraska ;n said county, the <br />/j ~ <br />g~ S~33G,?G'~3b ~_____ kot..r t~ubcte <br />. n.f.~. f~Jt scar , ~~ `~ 9.,.. i ~.1.....n Hrard~rl - <br />~aav swa uxsa aoa s?en <br />~~ a{ ~~ g'} NW t8, <br />E ri ~Y,n~s~~iv <br />ss tr~isr~~st, ;e ~~.,. <br />--,--~r~n±~ <br />~~~-fion~-~~ <br />~ (~,tQctis~,xx~{ ~. ~~1~~ <br /> ~ <br /> 1 <br />, <br /> ,\ <br />~.~ <br /> <br /> <br />to be t sir vduotary act and deed: <br />