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<br />7. Coadiarirration. Tn the event the Property, or say part thereof, shall ba taken by eminent domain, the Mortgagee
<br />~ i±mpovreted tii coReetand receive Mt compensation wpieh may be paid for any property taken or for damages to property
<br />trot taken, soil Mortgagee shrill apply such compensation, at its option, either to a reduction of the indebtedness secured
<br />r hereby ar to repair gird-restore the property so damaged:
<br />$, .7erforrrsance by Mtxtg~as. Mort~gee may, but shall have no obligation, to do any act which the Mortgagor
<br />ha.$.agreed hht,faNs to do,-and Mortgagee rosy stsa downy ~t it deems necessary to protect the lien hereof. Mortgagor
<br />a to repay, upontkmand, any sttnffi so expended by Wie Mortgagee for the above purposes, and any sums so expended
<br />by the Mort shall be aid to the indebtedness -secured ¢ereby and become subject to the lien hereof. Mortgagee
<br />afisti trot incite aHy petsoruil tiahiGtp because of anything it may do or omit to do hereunder.
<br />9. -i~faulC, t}eatgstrtetr~ of Rents. Time is of the essence hereof, and upors Mortgagor's default in any-covenant
<br />oragrrment of,this Mortgage, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shalt
<br />be entitled; at its-sots option and without notice:, to declare sit sums secured 6y this Mortgage to be immediately due and
<br />payable soil-may commence foredosam of this Mortgage by judicial- proceedings; and, Provided further, that upoo such
<br />- defantt !die Mortgagee, w. a receiver sppoiated by a court, may at its option and without regard to the adequacy of the
<br />secttrtty,-enter upon and take possession of the Property,and collect the rents, issues and profits therefmm and apply them
<br />first to the cost of collection and operation of the Property and then upon the indebtedness secured by this Mort~gee;
<br />said rants, issues grid pmfits being a~igned to the Mortgagee as further security for the payment o[ the indetrtednesa
<br />secured t,ereby.
<br />__ 14. ~,~_ .a oror .ry. tt alt r.r any part of the Property is sold or transferred without the ex Tess written con-
<br />- - - p - --
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<br />seat o[ the Mortgagee, Mortgagee may at its sole option, declare all sutrts secured by this Mortgage to he immediately due
<br />and payable.
<br />lfl. Future Adrartces. Upon request oC Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagee. Such advances, with interest thereon, shad be secured by this Mortgage urban evidenced by promissory :rotes
<br />statlatg that said Hates are secured hereby. At no time shad the principal amount of the indebtedness seeut+ed by this
<br />lgOat~, not indudiag :sins advanced to protect the security of this Mortgage, exceed the original Note.
<br />12. Miaedlmrears Provisions.
<br />(a) Aay forebearance in exercising any right or remedy shall not br a waiver thereof.
<br />{6- Alt remedies provided herein are distinct and cumulative to any other right afforded by taw or equity,
<br />- and may be exerroed concurrently, independents}• or suceessieely.
<br />- - - {c) The covenants and agreements contaivrd herein :hail bird, and the rights imttre to, the respective
<br />successors and assigns o(the Mortgagor and the Mortgagee.
<br />fd) Ail covenanrs and agreements of the Mortgagor am front and several.
<br />(e) The ieerr_in~ of the pas~„'raph< of thss 4lortgagr are for canvrmenc~e only and shall not be used to iater-
<br />prei. or define the provisions hares[.
<br />13. Rek!ase. Upon payment o[ aU surm ~rcured b} sh,> ltoriyagr. Slortgager +hat! discharge this Mortgage and
<br />shrill execute and deliver a satisfactory release therefor.
<br />_ fN WITNESS WHIiREOF, Mortgagor hna executed this Mortgage on the 32d da> of .____J~y ___, 19 81 .
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<br />`` .~kri ~- - - ._ - ---___. ----~.._._.»-
<br />g~ ZdrL2' aarrower
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<br />_ . _ _._._____.__ Parrower
<br />Stile of tVebrasta, _--"_._.____ _ __. _. __ t'r*uoty s -
<br />Oa !Iris 3Yd day o!._-___J?~.._y_.__----____. 1'3 81 , trriure me. the undersigned, n Notary Public
<br />duly commi~toaedandattalified for said cnuniy. oersonatly came - Jam@s_p-_Zana_3IY1_JO^~_Y._ZdI13r ___.
<br />FArc$sa ~_Gt1f2 _ __ _ .- _______..___, to the known to tee the
<br />identical pewwt(a) whose name(si are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />t0 be ~i~ii_f1E~ ~r voluntary ac[ and deed.
<br />Wittiens my baud and notarial seal at___.___ ________ S~s~isi_ 7.91a.~_ -___-- in said county, the
<br />rte aeo+~tda.
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<br />MY lwoenmiason expires: /~ ' ~'~
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<br />y:aez lrrluse This Lrnr iteserced tot Lender and a
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