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<br />4, In tt~e event the Pi~aperty,. ar any part thereof, sha?1 be taken by eminent
<br />domai'n,_ti~e htartgayee is empa:~rered to collect and receive all compensation which
<br />may be paid for any property taken or for damages to property rot taken, and Mortgagee
<br />shall apply such compensation, at its option, eiiher- to a reduction of the indebtedness
<br />j- secured hereby ar tr, rerair and restore he prropert,y so damaged.
<br />5: ~a~ortgagee may, but shall nave na ob?'ig~tior:, to do any act which the Diortaagar
<br />has agreed but fails to do, and Mortgagee may also de any act it deems necessary to
<br />protect the lien hereof. .Mortgagor agrees to repave, upon demand, any sums so expended
<br />by the Mortgagee for the above purposes, and any sums so expended by the Mortgagee
<br />shall be added to the indebtedness'secured hereby and became sub;;ect to the lien
<br />hereof. t~lor-tgagee shall not incur any personal liability because of ai:ything it
<br />may do or omit to do hereunder.
<br />6, Tirue.a~the es~senc2 hereof, and upon td~or-tgagor's default inanycovenant
<br />or agreement of this Mortgage, including covenants to pay when due the sums secured
<br />by this hbrtgage, the Mortgagee stall be entitled, at its sole option and seithaut
<br />notice, to declare all sums secured by this Mortgage Lobe immediate'y due and
<br />payable and may commence foreclosure df this Mortgage by judicial proceedings;
<br />and, provided further, that upon such default the Mortgagee, or a receiver
<br />appointed by a court, may at its option and without regard to the adequacy of the
<br />security, enter upon and take possession of the Property and collect the rents
<br />issues a.nd profits therefrom and ~,.pply them first to the-cast of collection and
<br />operation of-the Property and. then upon the indebtedness secured by<this Mortgage;
<br />said rents, issues and profits being assigned to the Mortgagee as fUrttter security
<br />for the payment of''the indebtedness secured hereby.
<br />?. if all or any part of the property is sold or transferred without the express'
<br />written consent of the mortgagee, Mortgagor may at its sole option, declare all sums
<br />secured by tt#is Mortgage to be immediate?y due and payable.
<br />8. Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />9. All remedies provided herein are distinct and cumulative to any other right
<br />afforded by law or equity, and may be exercised cancarrently, independently or
<br />successively.
<br />10. The covenants and agreements.Lcntaint~d i~erein shall bind, and ail rights
<br />inure. to, the respective successors and assigns of ?ne !lcartgagor and the Mortgagee.
<br />ll, All covenants and agreements of the rtgar^r and the Mortgagee are joint
<br />andsevera?,
<br />12. Upon payment of a?l sums secured by this Mortgage, Mortgagee sha?? discharge
<br />this Mortgage and sha?l execute and deliver a satisfactory re?ease therefor.
<br />T:N 1riiTNESS WHEREOF, Mortgagor t,as executed this Mortgage an the _ bch day
<br />of ~tpril, 1982: , 119. ~_ ~~!,~
<br />4RVIL/LE tiULME
<br />ERNA HlJLME
<br />SIA7E CF idEBRASicAx ki~?~_ County ss:
<br />tan this 5ch dayaf l_ laRa __. ~g~R. before r*~e, the undersigned, a Notary
<br />Public du?y, commissioned and qualified for said county, personally came ~rvi?le Hu?me
<br />~-E~na 14u]axs, hdstsartd and wife ~~______,___.______, to me known to be the identical
<br />persons whose names are subscribed to the wcr~egaing instrument and acknowledged the
<br />exe<u_ion thereof to be their voluntary v a,^,d did %%//
<br />~~., _W_ __ idotar...._.__.r ___.______.
<br />y public
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