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<br />?. Coademaatian: In the event the Property, or any part thereof, shall be taken by eminent domain;the Mortgagee
<br />- is empowered to caSlect and receiae ati compensation which Wray be paid fox any Property taken or for damages to property
<br />not taken,. and Mortgagee shall apply such eompensatdon, at its option, either to a reduction of Lhe indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />(~ .. ' S, Performance by A3ortgegee. Mortgagee nsay, but shall have no obligation, to do any act which the. Mortgagor
<br />has ageeed but faiLt to do, arxi Mortgagee may also do-any set it deems nei~essary to protect the lien-hereof.. Wlortgagor
<br />aa~res to repay; upon demand; anysums ao expended by the Mortgagee for the. above purposes; and any sums sn expended
<br />by the: Mortgagee-shall be added to the indebtedness secured hereby-anal become subject to the lien-hereof. Mortgagee
<br />shall not incur any pexsonat liability because of anything:it may do or omit to do hereundev
<br />9: t)efautt; Assignment of )3entr. 15me is of the essence hereof, and upon Mortgagor's default in any covenant
<br />or xgreementof this 1H®rtgage; including covenanis to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entiLied, at its-sole option and without notice, to deetarealt sums secured toy this Mortgage.to he immediately'due and-
<br />payable and may commence foreclosure of this Mortgage by judicial.: proceedings; and, provided further, that upon seteh
<br />.desalt the Mattgagee,.or a rnceiver appointed by a court,' may at its option and without regard to the adequacy of thee'
<br />security, enter upon and take possession of the Property. and collect the rents, issues and profits therefrom and apply them
<br />fink to the cost of collection and operation of the Property and then upon the indebtedness. secured'by this Mortgagee;.
<br />saki rem, issues and profits. being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />secured. hereby.
<br />10. Transter.of Property. If all ox any part of the Property is sold or transferred without the express written can-
<br />sent of the 3tarigagee, Mortgagee. may at its sole option, declare ail sums secured by this Mortgage to be immediately: due
<br />and payable. _
<br />11. Future- Advances. Ugon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor: Sudr advances,: with inte*est thereon, shalt be secured by thin Mortgage when evidenced by promissory notes.
<br />"stating, that said notes are: secured hereby. At no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not inducting sums advanced to.proteM the security of this Mortgage, exceed the original Note.
<br />12: Miaxilaueona Provisions
<br />(a) Any foaebeaxance in exercising any right or remedy shall not be a waiver thereof.
<br />(b) Ail'temedies provided herein are. distinct and cumulative. to any other right afforded by law or equjty,
<br />and may, be exercised concurrently, independently or successively.
<br />(c) The coveaaats and agreements contained herein shall bind, and the rights inure to, the respective
<br />suoressors and assigns of theMortgagor and the Mortgagee.
<br />(d) All covenants and agreements oP the Mortgagor are joint and several.
<br />(e) ZTte.head'in[ta ad the paragraphs of this Mortgage are for convenience aNy and shall not be used to inter
<br />pret or deGtte the provisions hereo[.
<br />18. Raleaae..Upon payment of all sums secured by this Mortgage,. Mortgagee shall discharge this Mortgage and
<br />slhali execute and deliver a satisfactory :release Werefor.
<br />IN WP1'NESS WHEREOF, Mort(tagor has executed this Mortgage:on,the _l6_ day of An r; l , 1982,._.
<br />~o
<br />(E ene M.~Ess~ ~ ~~ r ~ Bo:rowe¢~
<br />(Sharon K. Essink) 9orrower
<br />3tata of Nelmata, _ Hall County ss:
<br />Oa this i ~ day of A~ ri 7 . 19 R? ,before me, the undersigned, a Notary Public
<br />dutyr commiasioaed and qualified:Yor said county, pereonally came~~g~~~s:~nk and Sharon K. _
<br />Essink tome known to be the
<br />identical person(s) whose name(s) are. subscribed to the foregoing instrtunent :nd acknowledged the execution thereof
<br />tp be tacit voluntary act. and deed.:.
<br />Witness my hand and notarial seal at Grand Island, NE in said county, the
<br />date aforesaid.
<br />My Commissio s~tataiAe4-StusiYsiMiY,Pi ~ q ~
<br />11i111WtiE AIatJERS • ~
<br />atvCorrur Erg. Cm iG i«3< Notary Publbc
<br />-~~ r; j i5DUC Bslow'Thls Liar Reserved For Lender and RecoMer)
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