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<br />i. Cpn damnation, In the event the Rope rty, or xny part themof, shall be taken by eminent domai n,the Mortgagee
<br />i=_ empowered to coltrct andreceive allcompensation which may he paid for any property taken or for damages to property
<br />not later, and Mortgagee shall-apply such compensation, at-its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged,
<br />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do anc act which the Mortgagor
<br />has agreed but tails to do, and Mortgagee mny also do any act it deems necessary Co protect. the lien hereof. Mortgagor
<br />agrees to ropey, upon demand., any sums so expended by the Mortgagee for the above purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. 'Mortgagee
<br />shall rot incur any personal liability because of anything it mac do or omit to do hereunder.
<br />9. Default; A~ignment of Rents. I'inte is of the essence hereof, and upon Mortgagor's- default in any covenant
<br />oragttrment of this hlortgagc; including covenants to pay when due the sums secured by thic Mortgage, the Mortgagee shall
<br />be entitled- at its sole option and without notice, to declare all sums-secured by this Mortgage to be immediately due and
<br />payable and may rnmmencr foreclosure of thisMortgage 6y judicial proceedings; aud, provided fllrther, that upon such
<br />default the 3ortgagee; or a receirer appointed 6y a court, may at ifs option and without regard to the adequacy of the
<br />seeuril}~,. enter upon and take possession of the Roperty and collect the rents, issues and prof Ls therefrom and apply them
<br />Btst to the cost of collection and operation oC WeRoperty and then upon Che indebkedness secured by this Mortgagee;
<br />said renfs,. issues and pmG[s being. assigned to the Mortgagee as further sec;~rity. for the payment of the indebfxdness
<br />secured hereby.
<br />10. 7S~msfer of Property. If all or any part of the Property is sold or transferred without the express written con-
<br />sent of the 141ortgagee, Mortgagee may at its sole option, declare all sums secured by tltis Mortgage to be immediately due
<br />and payable.
<br />tl. Fattue Advances. ~~pon request of bortgagor, Mortgagee may make add•,lional and future advances to
<br />Mortgagor. Such advances, with interest thereon, shall be secured by this Aiongage when evidenced by promissory' notes
<br />stai:ng that said notes are secured hereby. At no time shall the prirttipalamount of the indebtedness secured by this
<br />Mortgage, not including sums advanced [o protect the security of Lhis:MA>!tgage, exceed the original Vote,
<br />12- Hiaeellaneoaa Provisions-
<br />(a) Any torebearance in exeaising any right or remedy shalt not:be a waiver [hereof.
<br />(bl Ail remedies provided herein are distinct and cumulative to:any other right afforded by law or equity,
<br />and may be exercised ronctuxen[ly, independently or suceeasively-
<br />(c) 'itte covenants and agreements congmed: herein shall.. bind, :and the rights inure to, the respective
<br />suctt~ssors and assigns of the Mortgagor and the Mortgagee-
<br />(d) Aa covenants and agreements of the Mortgagor ate.joint and aereral.
<br />(e) -I7te headings of the paragraphs of this Mortgage are for convenience only and shall not be used [o in[er-
<br />prct or define the provisions hereoL
<br />13. Release. L'pon paymemt of all sums secured b}' this Mortgage, Mortgagee shall discharge tha Mortgage anG
<br />shall execute and deliver a satisfacto,v release Lherefnr.
<br />IIV WITN&SS WHEREOF. Mortgagor has executed this Mortgage on t,Sr __1Il._ day of ~jt,nP _, lg ~? _ _
<br />r ~.
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<br />Uennis L~'. Barker) r .r¢wer
<br />/~ r,., F;
<br />--- ---
<br />(Connie .1. Barkerl% ~rrow~
<br />State o[ Nebraaia, Aa12 _ -County u:
<br />(hz this _. 10th day of __ Jure ~ 19~~, before rne, the undersigned, a Notary Public
<br />dWy commissioned and qualified [rx said rounty, pen.onal[y carce ncnni G EJ. Fiark~=r ,n:3 ('nnri a
<br />Barker to me known to be the
<br />identical person(s7 whose narne(s) are subscribed to the foregoing instrument and aelcnowledged Che execution. thereof -
<br />~ be _their.__ voluntary act and decd.
<br />Witness my hand and notarial sea! at __ ~? a;id 1 s- 1.3nd, ~iE _ ___ _ in said county, the
<br />date aforesaid-
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<br />hiy Catzimissipn espims: f''t ~7 _.
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