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<br />?. CondemnaGwn. In the event the property, or any part thereo[, shall be taken by eminent domain, the Mortgagee <br />is empowered to collect and receive sit compenaaUOn which may be paid Cor any property taken or for damages to property <br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness assured <br />hereby or to repay and restore the property so damaged. <br />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any ask whit3t the Mortgagor <br />ius agreed but falls to do, and Mortgagee may silo do any set ik deems necessary to protect the lien hereof. Mortgagor <br />agrees to repay; upon demand, any sterns so expended bq the Mortgagee for the above purposes, and any sums so expended <br />by the Mortgagee sha-1 be added to Ute indebtedness secured heretry and become subject to the lien hereof. Mortgagee <br />shaltnot incur any personal liability because of anything it may do or omit to do hereunder. - <br />B. Default; Asdpament of Rants. 75me is of the essence hereof, and upon Mortgagor's default in any covenant <br />or agreement of this Mortgage, induditsg covenants to pay when due the sums secured by this Mortgage, the Mortgagee shalt <br />be entitled, at its sde option and without notice, to dedare all sums secured by this Mortgage.to be immediately due and <br />payable and may cammeace foredosun of this Mortgage by judlctai proceedings; and, provided further, that upon such <br />default the Mortgagee, or a teceivrr appointed by a court, may at its optima and without regard to the adequacy of the <br />security, enter upon and take possession of the Property and collect the rents, issues and profits Urere$om and apply them <br />fast to the cost of collection and operation of the Property and then upon the indebtedness se~wred by this Mortgagee: <br />said renfa, issues and profits being assigned to the Mortgagee as further security [or the payment of the indebtedness <br />secured hereby. <br />10. 'PnoMer of Property. If ati or any part of the Property is sold or traetaferned without the express written coa- <br />seat of the Mortgagee. Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due <br />snd payable. <br />11. Future Advances Upon request o[ Mortgagor, Mortgagee may make additional and future advances to <br />Mortgagor. Sw3e advances, with interest Utereon, shad be secured by this Mortgage when etideaced hp Promissory notes <br />stating that said notes sec secured hereby. At no time shad the prindpal amount of the indebtedness secured by this <br />Mortga@e, not including sums adranced to protect the security of this Mortgage, exceed the original Note. <br />12 Msce0aneons lRoriaio~ <br />(a) Any forebearance m exercising any right or remedy shat not be a waiver thereo[. <br />(b) Alt remedies provided herein are distinct and cumulative to any other right afforded by law or equity, <br />and may be exercised :oaeurrenUy, mdependentip or succesaivety. <br />(c) The covenants and agreements contained herein shat! bind. and the rights inure to, the respective <br />successors and asaigos of the Mortgagor and the Mortgagee, <br />(d) A0 covenanu and ageeetmnts of the Mortgagor are faint sad seven!. <br />le) 7Le heading of the psragraphs of thta Mortgage an for caeventeace only and shall not 6e used to inter- <br />pret or define the prov~ions hereof <br />13. Release. Upon ~yment of sari sums secured by thin '.dortgage, Martggee shalt discharge this Mortgage and <br />star! execute sad deliver s salsfaatay release therefor. <br />IN K7TNES,R WHEREQF'. Mortgagor has executed tttb Mort~e on the ~ ~ day of ~ctoher ,19$~ __ <br />it. <br />{ltie`~f:. a6. cwth - 8a:roarae- <br />~ _~ <br />.iL~l~a;te i:~. ievth3.R~._._. aotsoru <br />State. at Nabeaaket, _~-^i~xtl ____.._~..----_-.___._____.Cauniy ss: <br />On this ~_.~1SL__ day ref •-_-.L~c.topgr 19.x,:,,_, hafom vte. the undersipttad, a Notary Public <br />key... uu`f' rh -and Diane E <br />duly cotmaissicated sad quatitled (or said couoty, penoaaily name <br />Newth _ , to ate known to 6e the <br />tdeaUal person{s) whoac ttarae(s) err suDSertbed to the foergoing itrsttutne+tt and acknawladgrd the execution thereof <br />to be 1,j1E1r ~... voluntary act red deed. <br />lYituesa my hmd a~ eotarisl seal at .rand t c i and,,_ ~Febraska ~_____ in srtd county, ttte <br />date atoraaaid_, <br />', r~ <br />.. <br />~ ~ !dy Commtntan axPttes: ~~ tt~rlcai _ ''~# ' tc " r" ~ 1. a K ~_~. __._ ._~.._ <br />~~ ~W uWY P4h11C <br />..<.........,.,-..-.a...r.........._ -...- t~$u.~ `oit6~ i'3" `.}3iG $LC~YC +°4 t. SLR 9.lPPtltH~ ._.._„s.~...._..._..__.._...... _._._ '-`~ - <br />'~..}~ <br />~ rM ~~~ <br />\ `\ <br />~ ~~ <br />k <br />-~~ ~ ~. <br />' _~ 4 ~.. <br />..,, ~ Y - 4 ,.., <br />St'M. tatty M~44aaR 7~q ~ -i <br />