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<br />i5 erh,'pl~Mf,Y1RYil!I!rlp!Ittl tdi~N K:M.'YIIC!~:'t'~ almd reCei'4e Alp C~~ran;pe',n:;aAf.Mn 'R~'ttl'1L'I'd rp)a;jY tJe papd f151t ap7',}' pxcNpe",rty' taiGen !ISr fir 4lk~amitglklS 'tp'J p'roper~t?u~
<br />' ' 'p1iC1't Ita~~t97p1.~ ~NPll:id 'hT~r rtgp~gppe shall aippllp :M'~It1Ch ewrr'tpensatian, at blt'!B~ ~uptian4 etICN1~er' to ~ rePllGiiG"~~~~9PrV. il7i'~l• G'tAe A'k14~LtIeI)tEl"dY19iq~H35~ 13~kCIhLff4w£~
<br />he'ae!IEuy~ os'tn relzaifrand p~ri[oxe ihepEpperty,sea dz~zsuagkd'.
<br />$, Performance by Mortgagee. Mortgagee may, but shall have na obligation, to da any act which ±he Mortgagor
<br />has agreed but fails to do, and Mortgagee may also do any acK it deems necessary to protect the lien hereof Mortgagor
<br />agrees to repay, upon demand, any sums so expended by the Mortgagee far the above purposes, and any sums sa expended
<br />by the Mortgagee shall be added to the indebtedrnss secured hereby and became subjeci to the Lien hereot. Mortgagee
<br />shall not incur arty personal liability because of anything it may do ar omit #o do hereunder.
<br />9. 1?efault; Asrdgnment of Rents.. Time is of the essence hezof, ap]d upon Mortgagor's defatilt in any covenant
<br />or agreement of this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entfRed, at its sole option and without notice, to declare all sums secured by this Mortgage to be immediately due and
<br />paya62e and may commence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon such
<br />default the Mortgagee, or a receiver appointed by a rnurt, may at its option and without regazd to the adeyuaty of the
<br />security, enter neon and take possession of the Property and collect the rents, issues and profits therefrom and apply them
<br />Irst 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 of the indebtedness
<br />secured hereby.
<br />10. 7Yansfer of Property. If all or any part of the Property is sold ox 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 wage additional and future advances to
<br />Mortgagee. Such advances, with interest thereon, shall 6e 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 this
<br />Mortgage, not including sums advanced to protect the security of ibis Mortgage, exceed the original Note.
<br />12. Miscellaneous Provisions.
<br />(a) Any forebearance in exercising any right or remedq shall not Ile a waiver thereof.
<br />(b) Ali remedies provided herein are distinct and cumulative to any other right afforded by law px equity,
<br />and may be exercised roncurrently, independently or successively.
<br />(c} The covenants and agreements contained herein shall bind, and the rights inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(d} -All covenants and agreements of the Mortgagor are jant and several.
<br />(e) 11re headings: of the gazagraphs of this Mortgage are for convenience oNy and shall not be used to inter-
<br />- pret or-define the provisions bereoT.
<br />13. Release. -Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />shall execute and deliver a satisfactory release therefor.
<br />- lIJ WITH WHER&0)i, Mortgagor: has executed this Mortgage on the 15..111 day of - ~yE'-fit' , 19 ~
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<br />State of Nebraska, Hai a County ss:
<br />On this 15th day of Noyerttbex' _ 1J 79, before me, the undersigned, a Notary Public
<br />- duly consmissioned and quali5ed for said county, personally came Jerxv L. and Dianna D. Doering
<br />to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereat
<br />to be his and heX' voluntary act and deed.
<br />Witness my hand. and notarial seal at Crrartd Island in said county, the
<br />date a€aresald. - GEEit~y,
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