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<br />(6) That Sn the event sqy awards are made to the Mortgagors or their successors In interest for taking or damaging
<br />Uy the exercise of eminent domain the whole or ark' part oI the mortgaged premises or aqy easement therein, the said
<br />awards are hereby assigned to Lire Mortgagee; the Mortgagee is hereby author l2ed to collect, receive, and receipt
<br />tharetor and Lo apply the same in payment of any indebtedness, matured er immatured, secured by t?11s mortgage.
<br />(7) That 2n the event Mortgagors default Sa the payment of said principal sum, or of shy installment ~hareof, or
<br />of al;y interest thereon, at the time when the same shall De due, or w2 th respect td atyy covenant cr condition here- ,
<br />- ~ of, then, at the option of Mortgagee, the entire indebtedness secured DereDy shall forthwith become due and payable,
<br />-- } shsll Dear in tersst at Lhe default rate described Sn said nets, and the Mortgsgee may Smmedlste~y foreclose ChSs
<br />fff mortgage or pursue aqy other svallaDle legal remedy.
<br />. g (g) that is the event actlor. Ss Drou&nt to foreclose [his mortgage, the Mortgagee shall De entitled Lo immedl ate
<br />E possession of the mortgaged premises, and t2!a court may appoint s receiver to cake possession of said premises, with
<br />- ~ the usual powers of rzceivers in like cases.
<br />(g) *_?lat faii,;re er delay of Mcrtgagee to exercise any of its riffh LS or privileges sha12 not b= construed as a
<br />waiver thereof: that any act cf Mortgagee :vaiv2nd oily specific default Df Mortgagors shall not be construed as a
<br />waiver of any fvt.lre deISUlt~: that +n case of default Sn the payment of any amortizavior, instal?meets or interest,
<br />'_~ cr `n csse of p~~ent Dy Mortgsgee ci a*L' lien. dudgmen t, tax. lnsurarca, cost ^r expense, ar rents. fear or charges. -
<br />' ~ ssid Mortgagae shall Dsve the privilege, wi rotor declaring Lhe whole indebtedness due and payable, to foreclose on
<br />_.~ acccant of such specific default for su^-r °ums as are in defsult and such foreclosure proceedings may De had and
<br />the land described here!n ;asp De sold, e~*.. tc ~„n~ unpsSd indebtedness hereby secured, and this mortgage shall
<br />i ~or.LSnt;e as a tie.^..for a_. il, urpsid Ds1s,-\.
<br />i (IC) That tDa Mortgsgee may extend and ? ;aturit.7 of and resew anC reamorri2e Bald Sadebte4.ass, relesse
<br />-nm li:-D12 t sr -,a:L I1sDle th=rocs, ~:se ^rom the tier, erzof po-LS~ons of the er t• covered hereD
<br />1 y S y prop y Y.
<br />~wl2heuc off=,. _ng the p, forSty he^eJ! er _ aD'1tLv e_r Mortgagors ar atly other party to the payment Di said
<br />SndaDtedness, s__ suc*.l extensions, de?e^aan-.,.s, _.,^wals, sad resmert'_2sticrs tc be secured hereby.
<br />;11' Trsnsfer f Sec::r!ty, ,., is sue; _ed De tw=e^. iS:. -ti=_s ?:erz;;:, <hzSr belts, legs; Ares°rtativzs and assigns,
<br />the*_ t*.e Satr~'t s.^d resorsib!1_ty :? t`e yc^;.ffa3css censt.i:~.aes a part cf the cansl9?ration ?ar the note secured
<br />hereby, sad Lhat .the evart the Mortgagcrs shat"_ trarsfar, onvey -,he prepert~. descr:Dad herein. she
<br />lfi;rtq_gaa ma, s ~.s opt: ar. dec *+e i- adaD'ed..;ess !:ameCi at e;;,- dna sod p3vsDle only may proceed In the an- .
<br />fcrcezht. o_ ~~s -_ghL_ as on a,~y ,_:,ar de,at.,t _a :.he ter.^:s of the note and mert_-ago.
<br />i
<br />- ; (± ?s -SgnmenL 'rxeeC ":narsl ess Mot rs h= ~Dy ransfar set ove and convey Lo Mortgagee all
<br />re ±-s. r?Ysitizs, ^..,aases. 3nC ae'ay son } ta: _ tSr,.e Lo ~*_: _ become e ~ ~ psy3plr ,ewer anv d!1. 3ss. -
<br />ar atnar r2naral .sass c ary kind now exl~ ng ~ _ m_,: betas?ter come 1 v a once, covert g tSls above Isnd
<br />sty ?art tDeNe?_ ..t lssuch :ma.sc raczlved Dc wet: gsffee shall be ~;:pliad ftyo the SndeDLadnass sacured heraDy; or
<br />sa!d Morta.~ea may st Sws o^tic^. t ^. ^~:ar ~,d da21~~: ar to the ?wrt gagors .r thalr successors Sn SnLe?est, any or x21
<br />S a~c'n su^s Fiti: _~ pralual c= t.o ;,,`-~_. ?Eort3agea+_ r: gDts t take sod re*.aln `tore suns, 37d >SSthout pre~udlce
<br />1 tc -~rLt s c--that r ffhs .y h:s ~ertas.a, the W ansfe ah ont a~ *l,e hset,. z o MarL,ZSKea cf sold teals.,
<br />} rrn -.+ ~~nL e ar- e~ ~ Y shs=1 D: .trst. - a-+ -~ D ~ 4+' 1 t*_ ..t melt red~~ _Scn of the most- ~ _
<br />~ S-a'e deTt t.~t ;~ hey ~.age2 s s t en as Aarei De are r~,~ e +z~ yen e.^,L a'.' x'ie ~c .-sge :Son an said real
<br />est to en atmlen=. rt. * to qtr e=a" debt an'+ .h' ra.es_~ :t< t.is rn~. .gaga a? r.,. ,,. d, .h,n c3hl eyanue shs21 -
<br />Da..:me __.p<.- a..,ti _ 5:..... h,~ Pa. ,.S:e. _.~_ re she 2f_ra4..
<br />~ iFar.-~~ a 3 se i ., i :: -,.a ~ g ~ ~ci-:~s:,t~ .a a' -. - , II b= co-u.>uz3 as zc i,.a simy~Ie. e- ~Ivrci
<br />x -~aJn~rc 4„ 1 az__..izr -exi^. z.<_ _ ^.:.L~s- ,eti?.: .._..o ?1 s .. £e =~.z~x:.
<br />' Ca~ercial :lational Bank and Trust Company '
<br />~ ~~1 as Grand Island, Trustee in the ;~.. )
<br />_ tter o L e russa e a zce L:"` i
<br />Riesland, "1deceased,' 1!i '
<br />Richard Rabe, j~ic President S Trust Offic r.
<br />~ - ,_ tea:,,
<br />A
<br />*,ata, parsr_:a__y ~;=aa^zd Richard Rabe, I`ice President 5 Trust {lfficer,
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<br />Ltse same :. ._,... .,.~t,.,ts.~ _,.. .,.~_ ::aa~. ~. .
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