<br />~. Cotadernnation. ?n the Pvent the Peoperty, ovary part themof, shall be taken by eminent domain, the Mortgagee
<br />i= Pr:,po~r°n~c'. w c~trllcct and rereirt >dll compensation witieh iiwy he paid for any property taken or fox damages to pxcrperty
<br />not rzh~'n, and Mortgagee shall apply such competrsation, at its option, either to a :educeion of the indebtedness secured
<br />hemt~` ar to :~peir and restore tFe ptopextyso dantagod.
<br />8. Perf¢rraanee by ;Afatt~lee. 1Viortgagee' ricay, buc shall have na obligation, to do any act wtsich the Mortgagor
<br />has agri'Fd bvt. fails to do, and Wortgagee may also do any act It deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand. any suit<, so expended by the DTartgagee for the above purposes, and any sums so expended
<br />by the hforigagee shall he added to the irtdebteduess-:secureal hereby. and brsttme subject to the lien hereof. Mortgagee
<br />shall not. incur any personal lia4niity because of anything iE may da or omit to do hereurldet.
<br />9, Default; Assignment of Rents. `lime is .of the essence hereof, and upon Mortgagar's default in any cor'Pnant
<br />or agreement of this yortgage, including carenantstopay when due the sums secured by this Mortgage,.the.Martgagee shall
<br />be rntii fev, at its sole option snd without notice, to declare all sums secured by this Mortgage to be immediately due and
<br />payable and ma}- commence foreclosure of this Mortgage by judicial proceedings; and, provided further,,that upom such
<br />default the Mortgagee, ar a receiver appointed by a court, may at its option and without regard to the adequacy of the
<br />securing, enter upon aad takegossession of tt,e Property and collect the rents, issues and profits Lherefromand~apply-them
<br />frst to the cost of codectianand operetionofthe-Property and then upon the indebtedness secured bythisMortgagee;
<br />said rents, issues and profits being, assigned to the Mortgagee as further security for the payment of the indebtedness'
<br />seeurea. herehv.
<br />T0. Pransfrs of i?roperty: If all or any part of the Property is sold or transferred without the express written eaa-
<br />sent of the !$ortgtgee. Mortj~gee may at its sole option, declare alt sums secured by this Mortgage to be immediately due
<br />amct payable. `.
<br />t1. Futunz Advances. Upon request of Mortgagor,. Mortgagee may make additional and future advances to
<br />Mortgagee:. Such advamees, with interest. thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating thaE sold n[xtts are secured heretry. At no tame shall the principal amount of the indebtedness secured by this
<br />Moctgt~ not Including sums advanced to prated the security of this 3fortgage, exceed the original Note.
<br />T2. ,~Sirceltaneous Provis~ns.
<br />(aj Any forehearance is exercising any right ar remedy shall rat be a waiver thereof.
<br />(b} Ali remedies .provided herein an: distinct and cumulative to any other right afforded by law oregttity,,
<br />and inay be exercised. roncurrenEly, independently ar succesciveiy.
<br />(ej The. covenants and agreements contained herein shall bind, and the rights inure to, t6te respective
<br />successors and assigns of the Ma*tgager and the Mortgagee.
<br />(d} Alt covenants and agteenienis of the Mortgagor any joint and several.
<br />{e) .'T'he tieadrng5 of the paragraphs of 4his Mortgage are Por convenience only and shall natbe used to inteY-
<br />pret ar define the pmvisions hereof.
<br />18. Release: Upols payment of all sums sec:vred by thrs A7ort~z¢e. Mortgagee shall discharge this Mortgage and
<br />shalt execute and deliverasatisfactoryreiease therefor.
<br />iN Wt'i`I7irSS N'ITEREQF, Mortgagor has executed this t! age on ~t _$th da> of I~.TitiaT'V , 19 $~ .
<br />., ~ _ ~r .7
<br />
<br />~o~~.
<br />.J 2T21CFy .ill: t1III1S2Yt 9uaower
<br />State. of Nebrsaita. T3R22 ._. ___a.__~_---_.-y ~=
<br />On ch:s _ $t~ day ref _ ~~-.~~~., 29 _~~~, before me; the undersigned, a Notary Puhlic
<br />duty mmmissianrd and uual'afied for saideaunty,personally.came Ja.Ck: 1.,__'xl2Y1Sf'rt _._J2117.C2 A.. I'~f`d.I25@Tl.,.
<br />_ i~usix+nd and_ tvif~ _ ~__ :~_,~~_..._^__~. ...._, to me known to be the
<br />identical petsonist why nameks) um subscribed: to the taiegoing3nstrument and acknowledged the execution thereof
<br />to tze his :~..[ld 2`~er_.__ vaiuntan' actand treed:'
<br />Pihtess s*,y hand and ^orariatsealrat,~_~.~.._Ci=arid IS12;I2C~,,,.____, _,,in.saidtonnty,the
<br />dateaCornsaid. ~ ,~ _ ? ,'
<br />Ltr Cocrsmisskon e~ eves: , ! ~ ~ ~ .~ //
<br />N~txrYPubtSC
<br />til :., F
<br />C'~~ ;.~ R~OLAN fL ~ " 1Ln".=e &eiaw 1'ltis Liae Keseca•eir P'or 'E.ander »e,d Rrcorderk °-"'-'- ^ r,~'~,
<br />.... MDy Qrr~ 4 H- R 1~f '^~ ~ ~
<br />~. "'
<br />W O~ `'
<br />d Q k ., ~ '~ Q ~ 'y
<br />' v
<br />~~ 7 ~¢ r ~ C w 'Vr ~`~ ..
<br />to O
<br />V.~ r3' '"- ~' y, C7 ~
<br />~1 ~
<br />t4~ W t--~ ~ ~ ~u
<br />a.• - d
<br />rA :.r? u ~
<br />.. ... M' F
<br />
|