Laserfiche WebLink
7. l,ondemnation. In the-event the Property, or any part thereof, shall be taken by eminent domain, the Mortgagee <br />is empowered to collectand receive il! compensation which may be -paid'for-any property taken ar far damages to'property <br />not, taken; and Mortgagee shalt apply such oompensaGon~ at its option, either Co a reduction of the indebtedness secured <br />hereby ar'to repilrand restore-the property so damaged. <br />8..Performanee by Mortgagee: Mortgagee may, but shall have no obligation; to do any, act which the Mortgagor ; <br />:has agreed buk:fails to do, and Mortgagee may also do any act tb deems necessary to protect the lien hereof:-Mgttgasor <br />agrees iompay, upon demand, any-sums sa expended by the Mortgagee"for the above purposes; and any sums so expended <br />by the, Martgagee'shall De added to the indebtedness secured hereby and" became subject to the lien hereof. Mortgagee , <br />shat! not-incur any: petsona- liahiliiy because of anything 3t tnay do or omit to do hemunder. <br />9, Default. Assignment of Rents. 'ISme is of the eccence hereof, and upon Mortgagor's default in any;covenant <br />- oragizementof this Idtirtgage,i~ludiog cat~enant_c to pay-when due the sum secured by this Mortgage; the Mottgaji'ee shall <br />be' entitled; at its sole-option and' without notice, to declare all sums secured by this Mortgage to be immediately dHe and <br />payable and map rnmroence ioteciDsure of this ?iiortgagr. by judicial proceedings; and, provided further, that upon sWdt <br />default the Mortgagee, or a receiver appointed by a court, may at its option and without regard to ttie'adegnacy of the <br />" security, inter upon and-take pussessian of the Property and collect the rents, issues and profits iherettom snd apply then[ <br />Lest to the cast-af collection and aperatinn of the Property and then upon the indebtedness secrtred by tl Nortgasee; " <br />said ~etrts, issues"and profits being assigned to the Mortgagee as further security for the payment. o[ the indebtedness <br />severed herebv. , <br />14. 7Yansfer of Property. if alt or any part of the Property is sold'or transferred without the express written con-- <br />sent. of the Mortgagee, Mortgagee stay at its sale optioo, declare all sums secured 6}-this"Mortgage to be immediately due <br />and payable: _. <br />tl. Etirtme Advatrees. iSpon inquest of B.tortgagor, Mortgagee may make additionil and future adriaaces to <br />2tt+ortgagee: Sueh advances, with interest thereon, strati be secured by this Mortgage when evidenced by promissory notes <br />static` that said notes are secured hereby. at no time shall the principal amount of Nte indebtedness secured by t67s <br />2doriage, not ineludin>: sums advanced to protect the srcurih of this Mortgage, exceed the original Note. <br />I2. Maaetlancous Provisrarrrs <br />jaj Any forebratance in exercising any right ar remedy shalt not be a wilcer thereof. <br />tbt Ali remedies provided herein am distinct and cumulative to any ather right a[forded by law or equity, <br />- and may be exercised ~roncurreotty, independently ar suecessivrly. <br />- (c) - 1'be cossenants sad agreements contained herein shall bind, and the rights inure to, the respective <br />snceessars aad assigns of the Mortgagor and the 3fottgagee. <br />fd) AII trncnants and agreemem: of the Mangagur are tiarn[ and several. <br />(e; 7ite headings of the paragraphs of this ;4iongage are for eanrenirncr anh and shall not be toed to inter- <br />pret ar define the provisions hereof. <br />13. Release. Ltpon paymenf at air sums soured b>~ this !4iort~aa~. ~tortgain~~ ~hal1 dtschazgr this Mortgage and <br />shillexeetrtr and de~ivera satisfactan* release there#ar. <br />t'v W1T'ItiESb WtiER~iF, Morteagar has executed Ibis'•iurtgagr n itrr 2~x':~ay x,f - hl3v .__,., 29$S1._.. <br />74Z'12~- - ~ -~ - - ~'--sorrame, <br />"State. o[ itiai6aaska. <br />('aaliRty i. , <br />,~ t7a ehic,_.,,.2~ day of .,?'~Y -~_._._.~...___. 15 $Q_-, ~icur me, ter undersigned. a Notary PuNic <br />delis ~mmissioaed acrd glorified for said caurtt). Wrr.;criutily exmr ... __';dln F. 311(3 Al]t3Y'BV_ C.... HDd3~ir <br />+~ ttTlf+B _~---_--,._._..-.-_.-.___.__._.,__.._-,. . .. ._..---.. to me known to be the <br />itietrtticai peasonts) vrhase tsaroets} air stibs,cribzd taa s.tt.^ aregatng in,iruntrut an$ acw`now;eddged the execution hereof <br />_ -- - to rye hl$. afld ~_..__ titrluatar} trot and mod. <br />With ale hand and oatariil sea: at __ r.-T.__ ~7 a~ ~. ___..______ in said county. the <br />dateafansaid. ~' ;~ -.f ` fi7 <br />-.x ~ ; '. <br />!gy Gomrtatssion ~xpues; j {~~ f .~ ~ ~ - ~ ,~ s~.:~ f s~~" ~~ _,,s T y: <br />~. , <br />~~^~rY~ara \ - - ~ tis,urr F•ant<c <br />-i~vice L,eYs3ac lax EdxK Sauzawi F'w~ ur,~rr a 3 tie.~orsrrt -'_._.__,____.-~--._ ,._ <br />~ ~~ <br />;~ <br />~,~ <br />`~ ~_ ~ , i <br />~~ <br />~-a « q t'~ <br />S: t - - - :~ ~ i __ ` ~ 7 <br />~' w '~." to ~ ~" ts3 <br />~! wet tames tarp ti€s <br />~,. <br />