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<br />-. - 1. condemnation: In the event theProperty, or any partt0ereof, shall be taken by eminent domain, the Mortgagee
<br />isempawered to collect and receive'allcompensation which ;•tsay be paid for any property taken or for damages to pacperty
<br />rot taken, and lortgagee slrall apply. such cotngensation, at"its option, .either to a reduction of the 4ndebtedness secured
<br />hereby or to repair and-restore the prapert}'sodamaged:
<br />S. Performance' by Mortgagee, Mortgagee may; but shall have no abligatiorr, to do any act which the Mortgagor
<br />has agmed but faits to. do, and Bortgagee may: also dog any act it deems necessary to protect Lhe lien hereof. Mortgagor
<br />agrees :o reps}•, upon!.demand, any sums so expendedbgthe Mortgagee for the above purposes. and any sums so expended
<br />by the Mottgagee.shall be addedto the indebtedness secured hereby and become subject o the Iienhereaf. Mortgagee
<br />shalt rrot incur anypersanel;liability because of anything it may do or omit to do hereunder:
<br />9: Default; Assignment of Rents. Time is o` the: essence hereof; and upon Mortgagor°s default in any covenam
<br />or agreement ofthis Mortgage,.including covegants to.pay when due the sums secured by this iortgage, the Mortgagee shall
<br />oe enfitled, at itssole optionand-without notice, todeclare all sums-securedby this Mortgage to be-immediately due and
<br />papab3e and may commence foreclosure. of. this Mortgage by- judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a receivei• appointed by a-court,'may aL its option and without regard. to the adequacy of the
<br />security, enter upon and fake. possession of'fhe Property and eoElect-the rents, issues and profits,therefrom and apply theme
<br />fist to the cost of collection androperation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rents, issues'anil pto[its being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />_ secured hereby_
<br />10. Transfer of Property. If al] or any part of the Property. is sold or transferred without the express: written coifs
<br />sent of the ':NorLgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately. due
<br />and4payabie.
<br />11. Future Advances..: L'~pcn request of Mortgagor, Mortgagee may: make additionaF-and futuresadvances:.to
<br />Mortgagpx Such advances, vvth [ntrest thereon„ snail be secured 6q this Mortgage when evidenced by promissory Hates
<br />stating; that said notes are secured hereby. AU no time shall the principal amount of the indebtedness secured by this
<br />Mortgage, not including sums advancad to protect. the security of this Mortgage, exceed the nrigina! Nate.
<br />12. Miscellaneous Provisions.
<br />(a) : sAny forebeatance in exercising ang right or remedy shall not be a waiver Thereof.
<br />(b) Ail remedies provided herein are distinctand cumulative in any nihecright afforded by law or equity,.
<br />and may. be exereised:.::oncurrently, independently or sucrnssively.
<br />(c) The covenants and-agreements contained-herein shall bind, and the rights inure to, the respective
<br />successors and. assigns nfthe Mortgagee grid the Mortgagee.
<br />(d) :All caver~anty and agreements of the Mortgagor are joint and several.
<br />(el T1te headings of the patagtaphs of this Mortgagee air for cronvenicnce only and shall not be used to inter-
<br />pret or deftne file provisions hereof:
<br />°13. Release. Upon'payment of all sums secured by this Mortgag+~, Mortgagee .hall discharge this Mortgage and
<br />snail execute and'deliver a:satisfactory-release themfor.
<br />iN WtTNF,SS WHEREOF,. Mortgagor hasrxeeuted/this Mortgage nn the ~~.f riay of Apr11 19 ~?
<br />~wy/~y//
<br />1'ltttl"t1'T21. 1~.~~~jfllhllCi`S ~ Boreowvr
<br />State o[ Nebraska, -~1 .:..._.~_._:. ...:.____ ,a)ounty ss:
<br />On this 19th day of'~.._.-.~. Ap2'il ~ ~ . 19~_..., before mr. thr undersigned, a Notary Public
<br />duty commissioned and qualified for said county, personally came -.:Jake J._ HE?7.m~,iCh: attd `'ktirtha rf.
<br />,Heimtxtctl, Husband atld iVYe _, to me known to be the
<br />identical person(s) whose name{s) are subscribed to the Coregomg instrument and acknowledged the exerution thereof
<br />to be __ his and her voluntaru act and deed-
<br />. Witness roy hand acid notarial. seal at,__;__i('Tdnd Island `,-,--~---._..---,d.~~_insaidlcounty, the
<br />date aforesaid . .--.--~
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<br />i1y Commission expires: ~ ~ ~ '"-~ '
<br />c.
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