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- 7. Condemnation. TntheeventiheProperty,oranypartthereof,shatkbetakenbyeminentdoma;n,theMortgagee
<br />-- isempowered tocaltectaad receive-all compensation which may be paid for arty property taken or for damages to property
<br />not taken, and Mortgagee sha#I apply such compensation, at its option, either to a reduction of the indebedness secured
<br />- hereby or [o repa¢ and restore the property so damaged.
<br />_. - _ 8. Performance by. Mortgagee, Mortgagee may, but shalt have no obligation, to do any net which the Mortgagor
<br />h~ agreed but fails to do, and Mortgagee may also do any act it deems necessary to protect the lien hereof. Mortgagor
<br />- _ -agrees Eo repay, upon demand, any sums so expended by the Mortgagee for the atrar-e purposes, and nay sums so expanded
<br />- 'by the_Mortgageeshall tie added"tottieindebtedness"secured hereby and become subject to the kien hereot..Mortgagee
<br />- - --" shall not-incur any personal liability tiecause of anything it may do or omit to do hereunder.
<br />- - - - 9. Default; Assignment of Rents. -15me is of the essence hereof, and upon Mortgagoe's default in any covetmnt
<br />" oragreement of this Mortgage-, including covenants to pay when due the sums secured by this Mortgage, tbe Mortgagee shalt
<br />- - be entitjed, at its sole option and without notice, to declare all sums secured by this Mortgage to be immediately dne and
<br />-payable 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 court, may at its option and without regazd to the adequacy of ttte
<br />- _ -secl¢ity, enter upon and take posession of the Property and collect the rants, issues and profits therefrom and apply them
<br />fnst to the cast of eoilection and ope*ation 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. ltanafer of Property. if all or any part"of the Property is sold or 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 make additional and future edvances to
<br />- Mortgagee. Such advances, with interest thereon, shall be 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 Chis
<br />Mortgage, not including sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />~. - ~2',. Miseeilaneous Provisions.
<br />' (aj ~, Any forebearance in exercising any right or.re!nedy shall not be a waiver Chereof:
<br />'~ (b)~AH remed'resprovided herein are,distinet and~.cumulative to any other right afforded by law or equity,
<br />and maybe exercised v7ncurrently; independently cr successisety.
<br />(e). 27te covenants and agreements. contained he:re,in shall bind,. and, the rights enure to, the respes:tive
<br />i °suocessoes and assigns of the MoM'gagor and the Mortgagee.
<br />- - - (dj Ail covenants and agreements of the Mortgagor are joint and several.
<br />(e) 7fie headings of the paragraphs of this Mortgage are Cor eamenienee oNy and shalt not be used to inter-
<br />- - plot or define the provisions hereof. "
<br />13. Release- Upon payment of all sums secured by this Mongagr, 3tortgagec shall dischazge Chis Mortgage end
<br />shat) execute and deliver a satisfactory release therefor.
<br />1N WTTNlrSS WHEREOF; Mortgagor has executed this Mortgage on ! he 2~__. da; of ..-- -Solar" 19 ~©
<br />~, ~ --ti
<br />~~ .- Je#~i'~512Y T'~ad;~n " ~".•_.:~ anrnawcr
<br />~~
<br />', ,
<br />/ anrrv.er
<br />_~ - - -- - -~ State•of Nebraska. Hall _----county ~ ~ /
<br />On this 29 day of _~S2pt• 19-80 ,before me, the undersigned, a Notary Public
<br />-- duty commIrsioned and qualified [or said county, personally came JeTi_c?ld Tiaden and_Linda T,iaden
<br />husband.. and wife
<br />----.__._..-----_-- _-~. to me known to be the
<br />ibenticat person(sj whose name(s) are subscribed to the Foregoing instrument and acknowledged the execution thereof
<br />- ~.be hiS and her voluntary act and deed.
<br />~'. ~' - Witness my hand and notarial seal at _____.__.r~''_~~ Island.
<br />date aforesaid. ~ ~r'"~- --in said county, the
<br />J~ . /, , ~,
<br />> ~'_.. / .
<br />My Commission expires: ~ ~ ._ , ~c~i - f:y ~ / ~ ~ "-~ .. ~i ~t ~ '
<br />`' L
<br />- ~9Y aRMy-641~M athttYt -l`: ~......~._ - l Y tr,ry Public
<br />K#IIGR 81. NIEOiEIi C
<br />.. 6ME~l8R 0aa ti 7681-
<br />fapyre Below '1'hk Une Nesrn'ed For Lender and Rrcordrr)-
<br />
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