<br />7: Condemnation. iu the event the Property, or any pert thereo[, shad be taken by eminent domain, the Mortgagee
<br />is empawered to collect and receive-all compensation which may be paid for any property taken or for damages to property
<br />not taken; and Mortgagee. shall apply such compensation, at Sts-option, either to a reduction of-the indebtedness secured
<br />hereby or tb tepair and restore rite property ao dassaged.
<br />fi: Performance hY h£strtgagee. Mortgagee may, -but shalt have no obligation, to do any act which the Mortgagor
<br />it°w; ~'r€ed bet ,' ~is tc daY a;zd' Mttrtg-; a r:.aj dri.any-act tt dims ~€~ ~, #c protest the lxen 6ereafi hd9r~gag9ir
<br />_ _
<br />s,?ees to repay, ~~pon deetand, ai~y'sutns so e~f~nded ttp°t€se i~ortgagQe far thenLwve pu~poafs, and a#ty sums so.expended
<br />by the hio:t~sgee shall be added: tea tTre indebtedness se€ured harelip and berme subject to the lien hereoL: Mortgagee
<br />shalt ant incur any personal liabiiit}=because of anythingitmay doot.omitto do3tereunder.
<br />.-V ~. ~faidt; Amfgnrilaat of Rents. Time is of the--essence- hereat ~rl. upon &Iort~go~'s default is ang covenant
<br />ur agreement a.3his Mort;gxge,nrciarding co~eaaats to Gay when the sums secured by- this ~ortgad~, the Mortgagee Mall
<br />be entitlad;'at its sofeoptlon and without nptice, "tc dew all soma secured_by this Mortgage to be imArediatedy &~te and
<br />gavabte anal 3iuijr caruateriee Yureclosure of this Mores by judlcipl praceedia¢; and, provided furtAier, thrit upon such
<br />defas~it the Mortgagee, fir a receiver appointed-bY a color; may- at its gption and w[thout negud to tie adequacy ~f-tbe
<br />security, enter-upon and'ta&e possession ~ the.i~perty,and eotLeet-the rents, rues and pnsY~ there&v~mand apply them
<br />" -
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<br />firM' #u the eost:of oollec~an and operation;of the Property and then-upon fhe in~.~ sated hS tis~
<br />Said:rerit&; l~iea #rid,jtr(Tt145 benig:_essrgned LOstliB Moee _88_ furtber-68Cttrity for the. payment ot~thc~.:a[deTr~daesa - - -_ _
<br />saCrlr~Ed heseby: _
<br />10. Translier of L'r'operty. L#" all or any_pert of the Property is sold or transferred without the ezpress written con-
<br />- sent,'of the Mortgagee; Mortgagee. map at its sole option, declare ail, sums secured by Chia bl©rt~ge to be f~nsmediateiy due
<br />ahi payable.
<br />11. Firtare Advances: I7pon request of Mortgagor, Mot~tgagea may"make additi~al`and €athire."a~dvanc~ ks
<br />b$cntga(Lee: Such' advances; with interest thereon,.shall lie secured by this Mort~ge when evirk!ucnd.by promi~ory mites
<br />stating that said notes are secured hereby: At no tame shall the principal amouat_of the iadebtr'dnesssecurer#by tlras
<br />Mortgage, not including aurro advarreed tp protect the security of this Aiortgage; exceed t[~ original lYote:.
<br />
<br />(a) AnyYoteLreanmce irt`esercisirig any right or remedy shall not be a waiver thererof:
<br />fa} AFf reiriedres provided herein are ditinrfi-earl cumulative to any mar right atforr~d by leer ecmlty,
<br />and rosy be exercised corieurrently,-andependentiy or successively.
<br />(c} 'the covenants and, agreements coctained -herein siaa#1 hind,-and. the rig~rts inure to, the._~ce
<br />auccessora and asaig~ of rile A3ortgagor and the.Mortgagee, `
<br />(d} All eovernfnts and agreeinenis of dte Mflrtgecgor are-joint ate seeeral:
<br />{e} ^ heading of the patageaphs of this Idartgage are for c~i£enierree only and shall not be used to iretea
<br />. greic or deiure the praviaiuns hereof
<br />I3. Release. UQon payrirent of ail sums secured by this: Mortgage> Mortgagee- shall diaehacge this Mortgage-and
<br />aliali execute sad delivers satisfactory release thernfor_
<br />Lx~I''~dr4S3 i4LiLLtSf)F, Mtrrtgsgor hasexecnt.ed fh's Mortgage on the ¢~h dap.o€ ~C~~e~ 49 ~, '
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<br />State of xebniska, Fi~l.L County ss:
<br />$tfii ,~y og _ DeceRtbeY` 19 78 > before me, fire undersigned, s Notary Public
<br />duly eomrnissiereed and quatifed for said county, per~rmllY came lei ghton f . Wi j 8y anti CClnfli E? ~...
<br />Yi'iieY, -;itis~ccnrl and ldift? ,. to me knawrr to he the
<br />identiz~,parson(s.}. wluise names} are subscribed to the foregoing instrument and acknoveled the executian thereof
<br />to-~ h1S `3~$ her voiuntargactandrieeti.
<br />'''- . - wiinei3 rfiY ltafl$ ~ncV BBtarial-seal~at ~r~t;~ IS~.and . - :.''. irl nerd criu>.~ty> tk9
<br />date aforesaid.
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