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<br />Z. (ondemnatlop. In the event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee
<br />is em}wwertd to collect and receive all compersation which nsay be paid for any property taken or for. damages to property
<br />not. taken, and Mortgagee shad apply such compensation, at its option, either. to a reductloa of the indebtedness assured
<br />_ .hereby cx to repalr,and restore the property so damaged.
<br />'"& Pertorer»rtc by Mortgagee. Mortgagee may, but shall have no obligatlon, to do any act which the Mortgagor
<br />has agreed bct ~ to do, and Mortgagee maY also do any act it deems necessary to protect the lien hereof, Mortgagor-
<br />agreea; to repay; opoa demand, erry sums eo ezpeoded by the Mortgagee-tor the above purposes, and any: sums so expended
<br />by tills ~ shill be added to the indebtedness aewred hereby and become subject to the lien hereof: Mortgagee
<br />abaft bot incar any Petaonal ISability beeauae of anything it may do or omit to do hereunder.
<br />9: Ihrtautt; Anent of Rents. 'ISme is of the essence hereof, and upon Mortgagor's detnult inany covenant
<br />oragreement of 4hi; Mortgage, inducting corenente to pay when due the sums secured by this Mortgage, the Mortgagee shad
<br />be entitled; at its sole option and without notes, to deflate-all soma secured by this Mortgage:to be immediately due and
<br />"payable. and may commence [oredosure of this Mortgage by judicial ptoceedinga; and, provided further, chat upon such
<br />defwlt the Mortgag~se, or a receiver appointed by a court, mry at its option and without regard to the adequacy of the ,"
<br />secudty; enter upon and take possession of the Propertq and collect the rents, fssues and protts therefrom nail-apply them
<br />ricer to the test of"collection and operation of the Property and then upon the indebtedness secured"by this Mortgagee;
<br />- said recta, issues and profits being assigned to the Mortgagee as further security for the payment of the indebtedness
<br />socuted hereby,..
<br />10. Ttander of Property. If alt or any part of the Property rs sold or transferred without the exprem written con-
<br />- cant of the Mortgagee; Mortgagee-may at its sole option, declare all sums secured by this Mortg~e to be immediately due
<br />and payable.
<br />11. Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating trot said notes are assured hereby. At no 4rtu shat) the prindpd amount of the- indebtedness assured by Ehis
<br />Mortgage, not Inducting sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />i2. utlaneoas Proriaions.
<br />(a) Any fwebeartnCe in exercising any right w remedy shat) not 6e a waiver thereot.
<br />(b} All remedies provided herein are distiaet and cnmulaUve to any other rigbk aftorded by taw ar equity,: -
<br />and may be exercised concurrently, independently or successively,
<br />(e) 'the covenants end agreements contained herein shall bind, and the rights inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d} A8 covenants and agreements of the Mortgagor are joint and several.
<br />(e} 'the headings of the paragraphs of this Mortgage are for rnnvenience only and shall not be used to Fnter-
<br />pa~t or define the provisions hereof.
<br />L4. Rebsase. Upon payment of aU norm secured by this Mortgage, Mortgagee shall discharge this- Mortgage and
<br />shall ezecute and deliver a satisfactory release therefor.
<br />IN WlT4~fiS3 WHfiRBOF, Mortgagor has ezecutzd this Mortgage on the ~ ~ day of flCtCd]GT' ,1S $~
<br />- tfOC~:2'.L rT. ^ T awmseec
<br />T'1C1~~ G'T 9oaoar~
<br />S~ at N~ca, }IRII County ss:
<br />tjn this 25th dqy of ~t~'L 19_$x, before me, the nadetsigned, a Notary Public
<br />~-
<br />f
<br />du-y commissioned-and qusttfied for acid ¢ountY. Peraond-Y pros R°l~'rrt A. O~t~^er a^d T~tTi~I,~D.
<br />QGhsrte!' Husband grid Wife , to me known W be the
<br />idaatical. peraon(a} whose name(a} are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />to 6e tti~ ~ rduatary act nail deed.
<br />NRtneas my hand nail. aotarml ~ ae tiISiIId Islantl~ RTei3l~aska. in said twenty, the
<br />date atoresdd .
<br />iriy wmmmsiua expires:,s%1/~!J t!! JJ iW D`~' . -T.c~ 2t~~ i{E~~-'rf
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