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7: Condemnation. In.theeventtheProperty,o;anypaitthereof,shalibetakenbyeminentdomain,theMortgpgee~
<br />is empowered ko colieckand receive ati compensation which may 6e-paid fot anyproperty taken or for damages toproperty
<br />not taken, and Mortgagee"she!! apply such compensation, at its option; either to areduction of the indebtedness-secured
<br />- -hereby or to repair and restore the-pmpertyso damaged.-, _ - - -
<br />_ &. Performance by \iottgagee. Mortgagee may,- but-sball. have no. obligation, to do any act whieti-. the.Mortgagor
<br />- has agreed but fails to do, and Mortgagee may also" do any act it deems necessary to protect the lien tiereotrMortgggor
<br />agrees to repay, upon demand; anysums so expended by the'hfortgagee for Lhe above purposes; slid any stihia so expended
<br />by the Mortgagee "shalt be added'to the indebtedness secured'herebyand Uecome subject'to=thelian 6i=reof: Mortgeaee
<br />- -` shall not incur any personal liability because of anything-it-may'do or omit to do hereunder.- - ~ ~ -
<br />- - - 9. Default;- Assignment of-"Rents. Tame is"~ of-the essence hereof, and~upon~-Mortgagor=s default in'any codeitant
<br />oragreement of this Mortgage; including covenants to-pay-when due the sumssecuredbyahisMortgage; the Mortgagee chalk
<br />- be entiged, at its sole option and' without notice, to declare all sums secured by this Mortgageto 6e,immediately due and
<br />- payable and nay commence-foreclosure of this Mortgage by judicial-proceedings; and, provided further,.thatuponsuch -
<br />default the Mortgagee, or a rece[ver "appointed by a court, may at its option and without regard'to-the adequacy, of the
<br />security, enter upon-and take possession of theProperty and collect the rents., issues andpmfitsthere[rom eud`apply:them
<br />first to the cast of collection and operation at the Property and then uponthe indebtedness secured-bpihisMortgdgee;
<br />- .. said- rents; issues-and profits being assigned to the Mortgagee as~ further security forahe -payment-of the-indebtedness
<br />- - secured hereby. - `-- _ - " -
<br />-- - - - ~ 10. 'transfer of Property. IP all or any part of the Property is sold or transferred without the expresswfltten~ecn-,
<br />- sent of the Mortgagee, Mottgagee may at its sole option, declare all sums secured by this Mortgage to betmrnedlately due-:.
<br />- - and payable.
<br />- - 11. Future Advances. L?pon request of Mortgagor, Mortgagee may make additions! and tutnre-advenceaLo==
<br />. .Mortgagee. Such advances, with ink€rast t:.e:eon, shall be secured by this Mortgage. when esideZ~..'` by p ~isso.~:.ti~-;-° ._-~.,_ -_ - ,~_
<br />stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secutedby~thia _
<br />Mortgage, not including sums advanced to protect the securityof khis Mortgage, exceed the original Note.
<br />-- _.-. - - 12.-MiacettteneousProvisiosvs. - - - - -
<br />(a) Any torebearance in exercising any right or remedy shat) not be a waiver thereof.
<br />(bj All remedies provided herein are distinct and cumulative to any other right afforded by law or egrcity, .
<br />and may be exercised roncurrently, independently or successively.
<br />(c} The covenants and agreemrntni contained henrin shag bind, and the rights inure to, the respective
<br />successors and assigns of the 3ioetgagor and the iortgagee.
<br />~- (d) All covenants and agreements of the Mortgagor are joint and several.
<br />- (e) The headings of the paragraphs oC this dtortgage err for convemeoee only and shall not be used to iater-
<br />preL or define the provisions hereof.
<br />1$. Rele~. t•'pun pat menc ~f ail +um- :ecured !~_,• t!;~- yis;rttn>,'r, sfe;rt„t;gec ;hail discharge this ~lartgage and
<br />- shall execute and deliver a satisfacton> mlease therefor.
<br />iN 141'PNESfi 44HhREt)€, hiortg,sgor by executed this 4+.artxage• ztrt t .r ~ytj- ay i.. __.._ J}1_~~__, fQ _~,.
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<br />State of Nebraska. -____.__.___----~i~1.-_ i'uunty ys:
<br />Qn this T, 2~ _ day oL__ ________ _,Tt11y. .. , 19 ~ ,before me, the undersigned, a Notary Public
<br />duty cammiasio:ted surd aualkfied lor,aid couu[v, t>rr+rmntiv cnntr ~+37:['F_~._Ii@]1_ &._C~.ittlyn.,YiEi1-__._ -..~,
<br />_~________~~~._..,_,_._..._.______ .. _...._ ... _. - ._. - _ ..-... to mr known to ku• the
<br />idalltteaj pfixon(a) WhtSSe nante(sj err- sUbta'riF'd t.i ttii• foregoing rne'srnn5rnt and acknuwicdgrd rite exreutipn kktcreof
<br />to be _~_ }Li6 & 1(er___. __ volunkary act and Aw•d,
<br />4ViGtvss my hand and notartat reel at . Ga'a{lc1.1G1_at)t! in said county, the
<br />date aforesaid.
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