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(n) Phat in the ouzo[ aqy awards are matle to the fortgagors or thz'.r successors ir, interest for taking or damaging <br />by the exereSSe of eminent domain Che whale or any part of the mortgaged premSSes or any easemzr.T. therein, the said <br />awards are hereby sssigned to the Mortgagee; the Mortgagee is hereby authorf2ed to collect, recerve, and receipt - <br />therzfor and to apply the same In payment of any ihdettednzss, matured or unmaturzd, secured by Lhls mortgage. ; <br />l~ <br />(7) 'imat in the event Mortgagors default +n thz payment of said principal sum, o^ of any ins T,allment thereof, or <br />~f~~ of arAy Interest thereon, at the time when the same shall be due, or w1 Lh respect to aryy covenant or condition hzre- <br />ef, then, et Che option of Mortgagee, the entire 'ndeD tedness secured hereby shall forthwith become due and payable, <br />'~ stall bear Interest at the default rate described in said note, and the Mortgagee may Smunediately foreclose this <br />?~, mortgage or pursue any other available 1ega1 remedy. <br />~~r+ (8) That in the event ac flop is Drought to foreclose Lhis mortgage, the Mortgagee shall be entitled to immediate <br />t possession of the mortgaged preml ses, and the court may sppclnt a receiver to take possession oI said promises, wl th <br />the usual powers of receivers Sn like cases. <br />- (9) That _*silure or delay of "?ortgagee Lo exercise any of 'ts rights or privileges shall not be construed as a ; <br />waiver thereof; that any act df Mertgzgee waiving any specific default of Mortgagors shall not bz construed as a <br />waiver of any future defaults; that in case of default in thz payment of any amorti?atSCn instal lmenUS or interest, ' <br />or in rase of payment Dy Mortgagee of sr~ lien, judgment, tax, insurance, cost or expense, or rents, Yees or charges, <br />said T!ortgagee shall havz Ghz privilege, wi thou[ declaring the whole Indebtedness due and payable, Lo foreclose or. <br />account of such specific default for such sums as are In default and such foreclosure proceedings may nz had and <br />the land described herein may be sold, sub,lect td the unpaid Sndeb Cedness hereby secured, and this mortgage shall <br />continue as a Lien for any unpaid balanne. <br />j ~;SC3 That the Mortgagee may extend and defer thz maturity of and renew and reamortise 'aid Sndzbtzdnzss, release <br />from flab 111cy aqy party llab le thereon, and release from the ii en hereof pbrtiers of the property covered hereby, - <br />without aPfe rt ing the pr Sarity hereof e^ the li ablliCy of Mortgagors or aqy ocher party for the payment of said <br />I i irdett.edness, sll such extensions, defzrmer.ts, renewals, and reamortizetlons to 6e secured hereby. <br />(11) iTansfer of Szcurity. IL Ss agreed between the Far ties hereto, their heirs, legal representatives and asstgtis, <br />tha*. the integrity and rzsponsiDl ii ty of the Mortgagors constitutes s part the ccesideration Por the note secured , <br />hereby, and that in the ouzo [. the Mortgagors shall 1211, transfer, or convey the property described herein, the <br />Mortgagee may at Its option declare the entire indebtedress immediatz ly due and payable and may proceed in the en- <br />fercemznt aP _~~ r±gh is as er: atyy ocher default Sn the tzrms of the note and mortgage. <br />(+_?) Assignmznt of rT: cods of din°ral Lease. Mortgagors hereby transfer, set over, and convey to Mortgagee all <br />rents, royal t!es, bonuses, and delay moneys that T ~ from time to cime ber.ome due 'and payable +mder any oil, gas, <br />or other mine..^ai lease of any kind now existing o that may 1;erzaf cer come into exiscencz, covering the above land <br />~~ ~. tnzreef. 211 such scams-so rece+.vzd by rMOrtgagee shall Oe sppiizd t.e the indebtedness secured nereby; or <br />saidn*:crtgagea may at Sts oot±er. t~,sr. over :,nd deliver r,o the Mer[csgors or the!r successors 1n interest, a~1~or all <br />each sums without nr eiudlc2 to any of Mertgagze~s rlgh [s t [age and rsr s!n fu Lure sums. aau w!thout pre; udlce <br />to arty of i s other rights under Lt;is mortgage. 1`ne transfer sod conveyance hereu^.der to Mortgagee of said rents, <br />;royalti zs, bonuses, and dz tay moneys shall 'e construed to be a ^.rcv SSlor. for the payment or reduction of the sort- <br />gage dzb c, saD,1 =_ct tc ttz ~Mor tgagee ,¢ ep ticnuss herz!aD=::°ore nmvidzd, lndzperdent f the mortgage llzn ch said real <br />estate. i]peri psj^^.znt 1n full of the mortgagz deft and Lh=_ release of chic mortgage^oI re cord, this conveyance shall <br />t ecom=_ !renerative sod ni nc further Perez and effect. <br />(i~orw any. ~h+ases ~iereis, lac lzri aax .,.e sc'.~nay~te'~sren' ,ie+'r. .§at2 ha_ cors''ued ss is the singuia+ n= filvrai <br />;slf Da TS ~1T.L 3S ~Si itl1aG, 'eniZ ti^.e^. ~r ri?u tar ~2*,:..e~. -_'ce-~i.^.~ _ '^.e .. O*ccEZ `..: <br />SEe,L l ~ _ SEAM <br />~~~ ~ Gary Henderson <br />~E~1. i '~` O~• .~I'~~ ; SEAT i <br />Mary Jo Henderson <br />,JLALI tJ~l i,) - <br />,~ ham} ;aEAL; <br />~_5T5 „~ Nebraska <br />cei Tt' ;» Buffalo ~ ; 5 . <br />LTM *.hi_ 18thty June ,.~., _;, $G, ,,,Fore .,_. _ ,at ay r;b_,. ... sod .~_ ~a±~ ,ountY and <br />pzr_;;.,,,:;:; _ipearcd_Garv L. Hendersan and <'7ary Jo Henderson, husband and 4-ife <br />_ ..._ -.nc._. ._ ,-rs.rnc ';a~; .., ~+., .,_ axe-..~, ~ .,. ~„egc.::3 -~• _.. r[. _.~~alc,w.l. dged that c5ey °xee~ ei <br />?;o USry rsblic __ and for said County and Ststz <br />'^ ~ ., ~ <br />~ y ~ 'al <br /> Ln <br />i <br /> t ~ <br />~ <br />~ "{,9~ <br />€ i ^~ <br />e+ <br />i ~ R ~~m n { <br />;t I 1 ( ~y~ <br />f <br />~, <br />~ <br />c, <br />~ i <br /> - <br />_ IIP" 1 <br />~ ~ ~ ~ <br />~ <br />~ ~ <br />~ i <br />`O <br />.L.-Ail q II <br />, J Hj_~ <br />ti 1FF Vi; ~ -l l~r;S o f ~ ~, ~` <br />- <br /> <br />` ~ <br />+ i~1 <br />Y <br />~ i ma'r. <br /> Bib ~~ `' ~ ~ <br />_~____ - ~ ~ " ~VL7 i _. ~~ <br /> <br />