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?. (nademuati~an Iu t",ae eaemt the Property. or ang ~r titeraof, shad be taken by eminent domain, the Mortgagee
<br />is Zmlrosternd Lc collect snd reec'e- a au compensation arhich may be piid for any prap+erty taken. or for damagt,!s tapraperty
<br />nor iaJten. and 3dortpdge,e staaii apps, such compenaatlrrn, at its. optlom, either Co a reducdoa of the indebtedness assured
<br />bPrnby or to repair and restore the pmoperty so damaged.
<br />8. Perfozmarx.r by Afottga;ee. M4[tgagle may, but shall"have- no obligation, to do say act which the iVlortgagor
<br />ixas alperd but fails to do, and :dartgaaee: may also do any act it deems necessary ea protect the lien hereof. Mortgagor
<br />s;~+ecn; to repay, upaa dctttattd. ac~y z+~uts ao expemded bg the ?Mortgagee for the above purposes, and'smy sums so'expended
<br />bS' the D,artgageoe shill be added to the utdabtedne~ secured hereby and became subject to the Len hereof. Mort
<br />shall not incur arty peesonai liability beciuse of anything it maydo a[ omit to dohereumder.
<br />9. Default; moment of Rents: 'Isms k; of the essence her~eot, stud upon Mortgagor's default in any covenant
<br />or agreememt of this. Mortgage, tncitrdEng eavenants to pay wheo due the soma secured by this.lAortgage, the Mortgagee shall
<br />be entitled, ai its sole optima: aad without notice, to declam all sums secured by this Mortga$e:ta be [mtraediatety due and
<br />payatiie and rosy commence taredasute of this Mortgage by judicial proceedings; and,,pravided further,:that upon such
<br />deLult the Mortgagee, or s n3deivecappainted by a court, may at its option and without regard to the adequacyof the
<br />security, outer upon and Gelce possession of the Property and collect. the rents, issues and praYits therefrom and apply them-
<br />fitst I:o w' a cost of colJeetioa and operation of the Property. and .them upon the indebtedness secured 6y this Mortgagee;
<br />said rents, issaxs and profitsbeiag asalgned to the Mortgagee as further security Car the payment of the indebtedness:
<br />second hernby.
<br />ld. 'ltanc[ex of Prtnpe4ty. if all or any put of the Property is sold or transferred without the express written con-
<br />senc of the 7dortgigee:Mortgagee may at its sde option, declue all sums secured by this Mortgage to be immediately due
<br />and payable.
<br />1T. Futtrte Adtaaces. upon request of Mortgagor, Mortgagee may make additional aad futuce advances to
<br />Mortgagor. Suc!e advances, with Enterest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that sand notes are secured hereby. At na time shall the principal amount of the indebtedness secuued 6y~this
<br />AdartF,age, rot includ(ng arams;advanced to protect the security of this Mortgage, exceed the original Noce.
<br />12l[ieellnae~ovs Prorislona.
<br />(i} Any farebeuance in exeressingany right or remedy shall not be a waiver thereof.
<br />{b} All're~~i~ pr~.vide~ herein are cstawnct and cumulative to 9wy other rg,9t afforded by law or equity.,.
<br />and may be exercised conctm'rently, independently or successively.
<br />(c) Tle covenants and .agreements contained. herein slaatl bimd, and the rights inure to, the respective
<br />succesrots and,asatgr~ o£ the Mortgtgar sad the Mortgagee.
<br />{d} All oovenants;and agreensents of the Mortgagor are joint and several.
<br />{e} 1Le heading of the puagetpha of this Mortgage are for eomettience oNy and shallnot he used to inter-
<br />• pmt ~ define.tbe provisions hereof.
<br />IS.;R Upon'payment oP all sumo seeured'by this x4lorigage, Mortgagee sEaalE dischuge this Mortgage and
<br />shall exseute and deliver a satiafacWry release therefor,
<br />IN VIFT'ISV~S5-wtIERBOF, boort~agor has exeru~d tttls Mortgage on the i 3thday of .3 anazar y , 18232 .
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<br />State of Nehtuka Na.I i County ss:
<br />~ ihss i3t h ~„ of u°3naary 19 d2 before me, the undersigned, s Notary Public
<br />Lr~nn D. Ehlers and
<br />duly conunissioPed and quaEi,fied €<xrariidcaonty, persanaliycame
<br />____. - , to me known to be the
<br />identical perwn~s) whose namefsi ue subscribed to-the foregrring Instrument sad acknovrledged the exceutian thereof
<br />to foe ? ire i r -------~ voluraFary act-and=deed,.
<br />dan+inotarlal•sesiat-- Grand IsJ:attd ' insaidca t~,the
<br />date at ~. L`~.
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