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<br />7. Gondemnatioa, [a the event the Property, or any part thereof, slsall be taken by eminent domain; the Mortgagee
<br />isempoweredto collect and receive atl compensation which-maybe paid forany-property, taken or for cianrages to property.:
<br />aot taken, and Mortgggee shall apply suc;b compensation, aC its ogtion, either to a reduct:an of the indebtedness secured
<br />hereby or to repair and-restore the progertg so damaged.
<br />a Paifonnanee by Mortgagee. ltfortgaget may, but shall trove nq obligation, to do any act which the Mortgagor
<br />has ago ed bai fails to do and Mortgagee may also do any act. it deems necessary to protect the lien hereof_ Mortgagor
<br />agrees to repay, upon demand, any sums so expended by the Mortgagee for the above purposes, and any sums:so expended
<br />by the Nartgagee sh~l`be added'ta the indebtedness secured hereby and become subject to thedien Hereof. Mortgagee
<br />sha>I'noFFn~t any personal tiabIIity because o[ anything it may' do or omit to do hereunder.
<br />9. I)etautt; Aa~igameat of Rents. 'l5me is o[ the essence hereo€, and upon Mortgagor's default in any covenant
<br />or agtzeement of this Mortgage, including covenants to pay when dtEe the sums secured by this Mortgage,: the Mortgagee shall
<br />beeatitied, at its sole option and :without notice, to declare aU sums secured by this Mortgage to be immediately due and
<br />payable and may. commence foreelOsu;oe of this Mortgage.. by judicial proceedings; and; ptrovided f'urelter, that. upon such
<br />drfaoti the Mortgagee, Ora reeeixer appointed by a court, may: at its option and without regud.to the adequacy of the
<br />searrity, enter upon and. take possession of the. Property and. cojleet the rents., tissues and: profits therefrom and apply them
<br />fitat to the cost of collection and operation of tlm Property and then upon the indebtedness secured by this-Mortgagee;
<br />said tents, issues aad profits being assigned to tSre Mortgagee as turdter secgrity for the payment of the indebtedness
<br />warred hereby:.
<br />10. Trmafer of Property, if alt otany part of the Property is sold or transferred' without the express written con-
<br />senLOf the Mortgagee; Mortgagee ruay at its sole.option. deciam all sums;secured by this Mortgage to he immediately due
<br />and payable.
<br />11_ Fupue Advaneea Upon request of Mortgagor, Mortgagee may :make additional and future advances to
<br />I~Sortgsgar. Such advances, with interest thereon, shaU;be secured by this 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 6y this
<br />MartPBt. not induding sums advanced to grottier the security of this Mortgage, exceed the original Note_
<br />lg. 'Maertllanaoars Troxraiom.
<br />(a) Any forebaataace in ezercistng any dghtor comedy short not ben waiver thereof.
<br />(b) All rernediea proxided herein are distinct and cumulatixe to nay other right afforded by law or equity,
<br />and maybe extrciud a<,ntursently; independently or successively,
<br />(c} The covenants and agreements contained herein stall bind, and the rights inure to, the respective
<br />suceeaors and asaigmc Of the Mortpgor and the Mort~ee,
<br />(d) .1t1 c~oreaants and agreerncnts of thr Ma~tprgar art joint and several,
<br />(e1 The beadin~t of the paraRrapha of this Mortgage are tar i:anxtuirnce only and shall not be used to inter-
<br />pret ar define the provisioirs hereof.
<br />18. RaMaae. Upon payment of all surspr sectrtxd by . is A4ortgage,, MortpRee shall discharge this Mortgage and
<br />shall eaeeute and dellrtr a satisfactory nritaae therefor;
<br />IN VfIT'NESS iYtit:REOF, Mortgagor has executed this Mortgage nit tht _.3 4.,~ day of ~:av , 19 $~..
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<br />(1311 ]• .1. 'Noodward Ak:A l+illiam,,.T~ Wo~adward)w~
<br />: norxowa
<br />State of Nebra~a, Zia 1 t Gruntp asi
<br />tm this iLtlt' day of Mav 29_.~.~, before r~+ tbt undersigned, a:Natary Public
<br />duty'corumissiortedand,gwttfiedtorsaidcoun.*y.gcrsonailycame $i11 3. t~aodwatd also known as
<br />W,~lliam J. troodvaru , to me known to bt .he
<br />idetitka) petiarr(s) whose naaYt(st are subscribed to the foregoirtt inatrrament and acknowledged the executloa thereof
<br />to tR hfs voluntary act and deed.
<br />Wita~ my hand andrwtaria] seal at _.~ t;,r;~,arl 7c 1 ~nel r NF- in5aid county., the.
<br />date aLxesaid:
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