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T. Condemnation. In the event the Property, or any pari thereof, shall be taken by eminent domain, the Mortgagee
<br />is empowered to collect ahd receive ail compensation which may be paid for any property taken ar fcr damages to property
<br />not taken, and Mortgagee shall apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repair and restore the property so damaged.
<br />8. Performance by Mortgagee. Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />has agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />agrees to repay, upon demand, aay sums so expended by the Mortgagee far the above purposes, and any sums so expended
<br />by the Mortgagee shall be added to the indebtedness secured hereby and become subject to the lien hereof. Mortgagee
<br />shall not incur any personal Liability because of anything it may do or omit to do hereunder.
<br />9, fSefault; As~gnmenE of Rents. Time is of the essence hereof, and upon Mortgagor's default in any mvenanL
<br />or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entitled, at its sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and
<br />payable and may commence foreclosure of this Mortgage by judicial proceedings; and, provded further, that upon such
<br />default the Mortgagee, or a receiver appointed by a mart, may at its option and without regard to the adequacy of the
<br />security, enter upon and take possession of the Property and collect the rentr, issues and profits therefrom and apply them
<br />Gist to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rents, issues and profits being assigned to the Mortgagee as further security for the payment o[ the indebtedness
<br />secured hereby.
<br />30. 7Yansfer of Property. If all or any part of the Properly is sold or transferred without the express written con-
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgage to be immediately due
<br />and payable.
<br />11. Future Advances. Upon request of Mortgagor, Mortgagee may make additional and future advancer to
<br />Mortgage. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by thi'
<br />Mort~ae-; not inclndir<gsums advanced to pmtect the security of this Moetgage, exceed the original Note.
<br />12. bliscellaneo~ Provisions.
<br />(a) Any forebearance in exercising any right or remedy shall not be a waiver thereof.
<br />(bj All remedies provided herein are- distinct aad cumulative to any other right afforded by law or equity,
<br />and may be exercised wncurrently, independently or successively.
<br />(c) The covenants aad agreements contained herein shall bind, and the rights incrn to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(dl All covenants and agreements of the Mortgagor are joint and several.
<br />(e) The headia~ of the paragraphs of this Mortgage are for convenience only and shall not be used to inter-
<br />pret or defuse the provisions hereof.
<br />13. Release. Upon payment of all sums secured 6y this Mortgage, Mortgagee shall discharge this Mortgage and
<br />shalt execute and deliver a satisfactory release therefor.
<br />IN WI1`N13,SS lt'HEREOF, Mortgagor has executed this Mortgage on the 12tki day o[ Jta1e ,19 ~
<br />Eli Borroaver
<br />`IhSUla E. ~EIICk Borrowci
<br />SttEte of Nebraata, _ Hall County ss:
<br />~ this 12th day of Jtu1e 19 ~ ,before me, the undersigned, a Notary Public
<br />duly mmrnissioned and qualified for said county, personally came Jemes W. Enck and Ui'.Stlle E. Enek
<br />to roe known to be the
<br />ideaticel pefson(s) whose game(s) are subecribed to the foregoing instrument and acknowledged the execution thereof
<br />to be hiS end her voluntary act and deed.
<br />Witaeas my head-arid notarial seal at Grand Island in said county, the
<br />date aforesaid .
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