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T, Cogdemnatioa. in theevent the Property, orany part thereof, shall be taken by eminent donraln,the Mortgagee isempoweredto eoQeckand receive all compensatlon wh[ch may be paid [or any property taken or for damages to property not taken, and Mortgagee shall. apply such compensation, at iffi option, either to a reduction of the indebtedness secured hereby or to repair and restore the property so damaged. S: Performance by Mortgagee: Mortgagee may, buE shall have no obligation, to do any act which the Mortgagor fins agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien fiereot. Mortgagor agrees to repay, upon demand; any some so expended by We Mortgagee for the above purposes, and any sums so expended by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee shalt -not incur any. personal liability because of anything it may do or omit to do hereunder. 9. Default; Assignment of Rents Time is of the essence hereof, and upon Mortgagor's default in any covenant or agreement a[ this Mortgage, including aovenanffi to pay when due the sums secured by this Mortgage, the Mortgagee shall be entitled, at its sole option and without notice, to declare all sums secured by this Mortgage.to be immediately due and payable and may commence foreclosure of this Mortgage by judicial proceedings;-and, provided further, that upon such default. the. Mortgagee, or a receiver appointed by a court, may at its option and without regard to the adequacy of the security, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them. fast to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee; said tenffi, issues and profits being assigned to the Mortgagee as further secgrity for the payment of We indebtedness secured hereby. 10. Tragsfer of Property. I[ all or any part of the Property is sold ar transferred without the express vrritten con- sent o[ the Mortgagee; Mortgagee may at its sole option; declare all sums secured by this Mortgage to be immediately due and payable. 11: Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future advances to Mortgagor. -Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating Wet said notes are secured hereby. At no time shall the principal amount o[ the indebtedness secured by this Mortgage, not including sums advanced to protect We security of Wis Mortgage, exceed the origwal Note. 12. Miscellaneous Provisions. (a) Any forebearance in exercising any right or remedy shall not be a waiver Wereof. (b) AO remedies provided herein are distinct and cumulative to any other right afforded by law or equity, and may be exercised concurrently, independently or successively. (c) The covenants and agreemenffi contained herein shag bind; and the rights inure to, the respective successors and assigns of We Mortgagor and We Mortgagee. (d) AU covenants and agreements of We Mortgagor are joint and several. (e) The headiggs of the paragraphs of this Mortgage are for convenience only and shall not be used to inter- pret or define the provisions hereof. 13. Release. Upon. payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and shalt execute and deliver a satisfactory release therefor. IN WITNESS WHEREOF, Mortgagor has executed this Mortgage on We 5th day of November ,19 $? ~ ~. ~ ~ ~ ~'~ T so.rnwer- GRobert A. Geier) ;: , t1Eat Ver ne'K-r'e er "/ ~noa~ State of Nebraska, Hali County ss: On Wis 5th day of Nnvemher , 192, before me,-the undersigned, a Notary Public duly ~missioned and qualified for said county; personally came Rnherr A. ~f er and Korth r; n R. to me known to be the identjcai parson(s) whose name{s) are subscribed to the foregoing instrument anal acknowledged the execution thereof ~ ~ Chair voluntary. act and deed. Witness my hand and notarial seal at Grand Isianu ivS in 'd county, We date aforesaid. MY 6SoNmt$sion expires: ~~ ~-Mt~in~fr~uia~MUM M - Notur Pubic ~~? ~ ~ i~ _... .. _ (apace Blow This Lhie Reeeryed For Lander and Beeorder) e , '" I J tcac roan titoaa5 a~ 4 ~ S t . ~ ^. ~