|
<br />
<br />
<br /> Z Co:;drntaation l a Che e.et t tlti, e'Ptiosaerty, cx any la's't: .it#r~er:, si'saai'C M, takea, by. eminent dcmaiaro, tIa t ildortgagee a
<br /> b; e~nRpoweeed ter Mtert and trs fj1r,! i s.rara, Yr MAtiort gdrii6 may .tax pid for any V,,%K erty tciten alt for ela_ A; n ,,)a property 3
<br /> net t .'ieu. And Afnrtga_g" s£iaslf apply „stet' r'Dmpe"W-tiort, it its optima, etthrtr to a reduclion of tbt indelMe&enr setureti
<br /> hcreb,r or to repair and mtate the proiaeatlr so damArd.
<br /> 8_ Pezfoxm;toot by Mortgagee- Mortgagee m:ay, but shall hara, no optiga*_tion, to do any act ..biers t'te MortWcir
<br /> h,-.s spvO, but fails to do, and Mortgagce may e;ao M any act it ;deems net*saa.ry to pre~-r:R thr lien bneof. Mortgagr<,r
<br /> agrees to reozr, upon rdernand, any aunts so expended by t'u Mcitgarm for the above pv%*ws. and arry sums so expend.-4
<br /> by the Movgagce shall be added to the indebtedness u cured hereby end become rabje t to the lien hereof. Mor•tprw.
<br /> shall next iccv? 4a y purl liability because of art-thing it tray do or ~ ~iit to do horrunder.
<br /> 4. Default.; A4=itntn rat of Rents. liirae is, of the ewr•..,-e hereof, and upon Mortptg w's default in sny .,vTenant
<br /> or agr"ment of this Mottpgv, including covenants to pray arhen due the sumac secured i,y this Mortgage, the MortgWv "I
<br /> br entitled, at its sole option and Aithoiat notice, to dedart, all sums se tired by this Mortgage to be I r. medlately duz ata:i
<br /> payable and may cov=en, foreclosure of this MonpCe ir_v judicial proceedings; rad, provided tartber, that uMi swr l
<br /> default the Moeppe, cc a receiver appointed sly a court, may at its option and without regard to the adequacy of tiu,
<br /> security, enter upon and take possession of the Property and collect the rents„ issues and prof`ts therefrom and apply them
<br /> first to the rust of coil' dJon and operation of the. Property and 1:hen upon the indebtedness secured by this ;t o tgagee;
<br /> said tents, i__,uum and prams twing assigned to the Mortgagee as further security for the payment of the 1 debtedness
<br /> sect7rpd hereby,
<br /> W. Transfer of P;onerty If all or any part of the Proi►erty is sold or transferred without the expres, w-nttfn con•
<br /> sent o the Mortgagee. Niortgaric may at its soi,- option, declare all sums secured by this Mortpge to be immediately dare
<br /> and payable.
<br /> 11. Future Advi noes. Moor, request of Mortgaror. Mortgagee may mate additional and future Ad►•ane-:- t::
<br /> 'rlnrt(agc,r_ Surh advances, wvirh intcrest thereon, shat: be secured by this Mortpge when evidenced by prorni.%ory notx-r
<br /> stabnr that said notes ire s,ecurrd hereby. At no Limp shall the principal amount of the indebtedness secured by tins
<br /> Mortrage, not including sums advanced to protect the security of this Mortgage, excoed the original Troth,
<br /> 12. 'M scellaneous Prorisions_
<br /> le) Any forbearance in exercising any right or remedy shall no. be a waiver thereof,.
<br /> (b) All mrntdies prorided herrln are distinct and cumulative to aaay other right afforded by taw or equity,
<br /> and may be exercised concurrently, independently or succrui►-ely_
<br /> (c) Tun coverutnts and agrx;ements contained herein shall d, and the riUhrs inure to, the respec;ivc
<br /> su(,.rnors and resigns of the Mortgagor and the Mortgagee,
<br /> fd) All covenants rnd agreement.-, of the Mortgagor are joint and several,
<br /> i
<br /> (e) Tsar headings of the paragraphs of this :Mortgage are for ennvenience only a rd shall )rot be used to inter.
<br /> pret or eferuie the provisions t'ereof_
<br /> 13. Re!ease. Upon payment e! a7.i sums str red by this Mortgage. bfortgigm sb.sll discharge .Iris Mortgage end
<br /> s>iaL execute ar,d deliver a satisfactory re'eace therefor.
<br /> I"i WITNESS WHEREOF, Mongagor has a+xecuted this Mortgage on the _,~--day a, -?x1_1 19
<br /> ry44., Brot:h~_ is^c,nstructio.i Campapy Inc,
<br /> ~ f T~nCY7dKer`
<br /> In.
<br /> ^ Rorro Krr
<br /> State of Nebraska, ss:
<br /> On thk; 1 ~rh day of aril 19-11- before me, the undersigned. a Notary Public
<br /> duly cc,nimissianwt and qualified for said county. persona :y came ltu ss,lnki Pre :.dcut and 1.az rMv
<br /> _ I:ssi,rai , Vick sta ident of Ens nk~,~hers C pg Lion ~.~~j sr ; me. known to be the
<br /> identical person(s) whcue name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof r
<br /> to be voluntary act and deed.
<br /> 1aFiUiess cry hand and note al sera at. Grand Island; NE
<br /> aforesaid : - in said county, the
<br /> date 1t,
<br /> My Comm' 0;11 expires:
<br />
<br /> Hoi.ry\
<br /> i L1Ml
<br /> 0a Ilk M*
<br /> tSr,rce'h'are 7bb Line Rese red For Louder and lt.eearoer'
<br /> ti
<br /> Z
<br /> rt
<br /> LLJ
<br /> 0 0
<br /> ww. O N Ca
<br /> C s tv
<br /> 4 C=
<br /> v xtac rase INC =a t~ -
<br /> ia iP•.. .a.a......_i... _....a'., a. "w i ♦ , - ry' ai i1'~... r.r ?i r
<br /> ....,r.a .-1:.~.'.~Lt.~.,s~,.. -+~~.'.l+•.. a!+.._-~s.. .+r~.~.raa~..{t ~r t~~ i , k it:
<br /> s,
<br />
|