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<br />Z Condemnation. In the event the Property, or any part thereof,shall be taken by eminent domain, the Mortgagee
<br />'. isempoweredtocollectanii receivealleompensatianwhich.^nay be paidfor any property taken or for damages to property
<br />not Caken and Mortgagee shall apply such Compensation, at itc optiott, either to a reduction of the indebtedness secured
<br />hereby-or to repair andfestore'the property so damaged.
<br />(- $. Performanee by &toztgagee. Mgrtgagee may, butslrall have no obligation, to do any act whicki the Mortgagor
<br />' I has agreed buQ fails to do, and Mortgagee: mayaisodo any act it deemsnecessaryto. protecC the-lien hereof.Mortgagor
<br />agrees to repay, upon demand;: any sumsso expended by the$fortgagee for the above purposes, and any sums so expended.
<br />'_ 6p the ivfortgagee shall be' added to the indebtedness secured hereby and become subject to the: lien hereof: Mortgagee
<br />`shalt not incur any personal Iia6ilitybecause of anything it may door omit to do hereunder.
<br />9 Default; Assignment of Rents„ Time is-of the essence hereof, and upon .Mortgagor's default in any: covenant
<br />oragreement of this Mortgage; including covenants to pay when due the sums secured by this Mortgage, the b'Iortgagee shall
<br />"-be entitled, at its"sole option and'ivithout notice; todeclare allsumsseeured by this Mortgage to be immediately due and- ~ -
<br />• payable and rnay.'commeoce ~foreclosureof this Mortgage. by judicial prgceedings; and,. provided further, that upon such
<br />`default-the Mortgagee, or areceiver-:appointed by acourt,.mayatits option and without regazd to the adequacy of the
<br />security;'enter upon and take possession of the Property and collect therents; issuesand profitstherefrom and'apply them
<br />fist tq'the cost of'rnilection and operation of the Property and then upon the indebtedness secured bythis'Mortgagee;
<br />said rents; issues and profits tieing: assigned to he Mortgagee as farther security for the payment of the indebtedness
<br />10: Transfer of Property. if all or anypatt gfthePropertys sold or transferredwithout the expresswritten con-...
<br />sent of ttie Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage robe immediately due -
<br />• andpayabie. ..
<br />17. Future advances: ` upon request of Mortgagor,':lfortgagee may make. additional and future advances to
<br />blortgage•e. Such advances, with interest thereon, shall tie secured by this Mortgage when evidenced by promissory notes
<br />staiinK that said notes are-seen ~ ,.~by.., ., time s'taa the-Y~:,ncipal amount of t*.e indebtedness securedby this
<br />Mortgage, not including sums advanced to protect the securitc of this Mortgage; exceed the original Noce.
<br />12. MiscellaneourProvisions,
<br />(a) Any forebearance in exercising any _ightor remedy shall not be a waiverthereof.
<br />" (bF All remedies:provided 5erein are distinet and. cumulative to am• other right afforded by law or equity,
<br />and maw be exercised =oncurrentlp, independently or successively;
<br />Ic) The covenants and-agreementscontained hereiri. shall 6ind,:abd the rights inure to, the zespecttve
<br />successors and assigns ofthe Mortgagor and the Mortgagee.
<br />idl .~Ilcovenantsand agreements of the Mortgagor arc jointand several.
<br />(el The headings of the,paragraphsbEthis Mortgage are for convenience only andshallnotbe used tointer-
<br />prat or definethe provisions hereof:
<br />]3, Release.: Upon paymentofail sums secured by.thi> Jlortgage. Mortgagee shall discharge: this Mortgage and
<br />shad execute and delivera satisfactory release.therefor.
<br />IN WITNESS WHEREOF, Mortgagor has executed this MyAgage~ ory~hP lOt~}~ev .. ~13~51~5'~:_, 19 ~.
<br />9
<br />Rj`1.C//-hal~~llS ~ Borrower
<br />~~~ ~~G /J1/-__-~~' L+~o~,~•~'-ems..-~
<br />Viria' Brrsboorn Bpr=o.~er
<br />Slate oi. tiebraska, _---_~~~__-.-.,__~..-._...-- County ss:.
<br />On this __~ 0th _ day oL. AU(:'LLSt 19 ~_: , before,me, theundersigned, a Notary Public
<br />duly commissioned and Quell fled for .aid cunur v, personaliv'came_ ~ChaTdBUSI)Cx)til_211d V1r-giri12BllS1JOOtri,
<br />_. - _ HU b3nd_ asld _ Ij'if ~- --------_-_-- • Lo me- knowm to be the
<br />idenlfcal personlsl whose name (sl are subscnbed to Lhe foregoing instrument and acknowledged the execution thereof
<br />to be_ __rL1S 827 C1 IlE'.P voluntarc act grid deed.
<br />Witness m} hand and notarial seal at _____ ~rat)d IS12IId _~... _._ _in saidcounty,the
<br />- date aforesaid_
<br />~~~~i1ptMtw
<br />tiIy Commas-ion expires
<br />~~~ ~ __ -_ -~__ ____-.___ __,_______ iNOtaty Public
<br />S\~ :- -- -- -(SpaceBrlow This Luis Ft e._z. ed f•'oe Lendez and Recorder).--- -- -.---
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