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<br /> 7. Condimmutio+n. In the "rot t. w hope". or any port itha roof, aha0 be takes by eminent dowain. th+e Nlort~
<br /> is e•. gio%vrrd to cr>der.1 and teeriwr 41 motion whkh terry W paid for any property taketa of fox daaaages to property
<br /> nrR taken. mired Mcntgmiket shall ipjdy 1,u0i compertsation, at is opzi m, either !*'.a teductioo of the indebtedness sedan-d
<br /> Ya:rby or to trpa;r and testate the pnopti-ty so d=utrd,
<br /> Fs. Perfornavioe by Morttay,*e. Mortpgre may. lwtr shalF have no obligation. to do any act which the Mortgalt"
<br /> h.s n reed b;,: fails ro do, aril )L•xrtpgee may aloo do ari me.. It &ems necrzssry to protect the lien he"Of. Mot'tlftw
<br /> agrees k rc;ry, ia,pon ddtaatnd. avy surris x expanded by the Mot4agee for the arum putpaees, and any Surat so expended
<br /> by the Mortr,,.tate,: shall by idled to the indebtedom recseed hereby and become subject to the lien hereof. Mortgagee
<br /> siaal'i not i"rcur any persaral 7`Ubi lty tyecause of anything it wily deer or o wit to do hereunder.
<br /> 'i. Default-. Ame4nrn+*nt of Rents, Time Is of the rzence hereof, and upon MartgagWs default in any covenant
<br /> or ag.mi; ie pit of this MongA e, including covmants to pay wben due the starts secured by this Mortgage. the Mortgagee shall
<br /> ire entit'td, at, is sold option and without notice, to dedrt,, all ivatf secured by this Mortgage to be Immediately due and
<br /> payable and :trey co,:vrr nce fcvedtacre of .bh Mcirtprag+e by judicial procecdlnjs; and, provided further, that upon such
<br /> default the llortRprv, (.r t ft" iv" appointed by a court, may at its option at.4 without regard to the adequacy of the
<br /> strurity, enter upon ~d t,:kr "3ktoaian of the Property and collect the rents, brtres and profits therefrom and apply them
<br /> Ent in t.%e coat o° cc-i4 ct4(a and! raperation of the Property and then upon tha• Kdebtednesa secured try this Mortgagee;
<br /> said rents, istutt and profit beinig assigned to the Mortgage as further security for the payuwat of the indebt.dlnew
<br /> w.-erred ierrby.
<br /> Il)_ Tmncf-r of e •,p>>ty. rf all o: wiv Pan of tPtr Property it sold or trant.'rrred without the exprow written con.
<br /> ,"It of ;.t:e ylnrtg;af'r•'r, yt.y~rwa:g.w rr;ay at it. Mole option. declare all sums wvred by this MortpLv to to immediately due
<br /> and pn) able.
<br /> It. f'umn, Adri.ncet Upon request of Mortgagor.. Mortgagee may mak• additional n,nd future advances to
<br /> Mortm r,., i,dvvntv,., -A ith tnterfSt thrrNm. shall be secured by this Mortgage whrr► eviden,:ed by promiswocy notes
<br /> stating th raid iotw art, wrurrd herrby. At no time shall the ptincipal Amount of the indebtedness secured by Lh)x
<br /> Mortgag,, not dnc udu.g sums advanced to protect the security of this Mortgage, exceed the original Note,
<br /> ' I;i, ~{tstYi~.ar,Nrfu~~ PrvM-rsiont
<br /> (a) Any forebearance in exercising any right or remedy shall not be a w lover thereof.
<br /> 'b) All remedirs provided herein are distinct azd ^umulatire to any other right afforded by lawn or equity,
<br /> and may 5r etc-ansed concurrently, independenth or successively.
<br /> (cl The cover4rits and agreements ccata,nerl herein shall bind, and the rights inure to, the respective
<br /> successors and assigns of the Mortgagor and t b(.,)rigagee.
<br /> (d) All covtnants and agreements of the Mortpror ate joint and srvrrat,
<br /> to•) 71 he headings of the paraRta.ph.K of this. Mortgage ate for convenience only and shall not be used to inter-
<br /> prrt or define the provisions hereof.
<br /> 13. Release, Upon payment of all sums, enured by this Mortgage, hlortpger shall discharge this Mortgage and
<br /> shall execute and deh%er a sattsfactorv releas. therefor.
<br /> IN wITNF_C': WTIEREOP, !mortgagor het executed this Mortgage on the.2 day t,f 19 8 ~1_.
<br /> (R chard Pitcher)-,
<br /> R. Pitcher),'
<br /> State of _'zb±xska, Coianty as:
<br /> On this -_=1: t day 19--§.3-. before me, the unders?gned, a Notary Public ~
<br /> duly comm::,oned azsd qualified for said county, personally ctitne ' Pi r chi -4
<br /> - - to me kn. * it to be the
<br /> identical person(s) whose narne(s) are subseribed to the fo-,going instrument and acknowledged the execution thereof
<br /> to be voluntary act and decd.
<br /> Vilarress my hand and notarial seal at. Grand Island,-- tiE -:in said county. -.he\j~
<br /> date aforesaid.
<br /> 'soy Commission expires: •iraaalMlaltli lid
<br /> veWj e+nnr
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