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7. motion. fn Llreevent thg Pnapr rty, or rosy part tt:ere~of, she€l be tat.en ~j emtinent domain, the Mortgagee
<br />isem~rwered to r~3'leetandraeetve ail caarpensaltion n~ilich may l7e mid f~ any ptaperty, taken ar for damages Ito p!raperty
<br />not tatter, amd Mortgagee shat! apply sua~n campcr~a.t;ar, at its option, either t.W a r+ed:uctian. ref the =.ndetxtedness~~sectrred
<br />herby ar to repstr and restore the property so' damaged.
<br />S.-~ by Mortgagee. Mort~gee may, but shat! have no obligation, *.o da any act which file ~
<br />has aglx~d but faits to do, and rriartgagee may also do any act it deems necessary to prar2tK the lien hereof. Marigagar
<br />agrees to repay, upon demand, any sums so expended by file Mortgagee frn the above purposes, and say suaffi s.:. • ~ ^arded
<br />by the Mortgagee shalt be added to -the indebtedness secured hereby and becor~ sub}ect to the lien heceot. Morcplgee
<br />shall not incur aay personal liability because of anything it may do or omit Lo do hereunber.
<br />9. Default; Assignment of Reafa. Time is of the essence hereof, and upon Mortgagor's default in any covenant
<br />oragreeement of thin Mortgage, irtduding covenants to pay when due the sums secured by the Mortgage, the Mort~gee shall
<br />be eatit-ed, at its sole option and without notice, to declare all sums secured by this Mortgage to be immediately due sad
<br />payable and may eomiraence foreclosure of this Mortgage by judicial proceedings; and, provided further, that upon sorb
<br />default the Mortgagee, or a receiver appointed by a court, tray at its option and without regard to the a(kgaas+J of the
<br />secur[ty, enter upon and take possession of the Property and collect the rents, issues and profits therefrom and apply them
<br />ftrlct to the cast of collection and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />said rants, issues sad ~ofits being assigned to the Mortgagee as further security far the payment of the indebte~ess
<br />secured be¢eby.
<br />10. Tciuts[er of Itoperty. If al{ or any part of the Property is sold or transferred without the express written cal-
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare alt sums secured by this Mortgage to be irmediately due
<br />sad payable.
<br />11. ESrEare Advances. Upon request of &7ortgsgor, Mortgagee may make additional aad future advances to
<br />Mortgagee. Such advances, with interest thereon, shall be secured by this Mortgage when evidenced by ptomisaory notes
<br />stating that -said notes- are secured hereby. At no time shall the principal amoant of Lire indebtedness secured by tits
<br />Mortgage, not includhlg sums advanced to protect the security of this Mortgage, exceed the original Note.
<br />22. Miscellaneous Ptovisloas.
<br />(a) Any toiebearance in exercising any right or remedy shall not be a waiver thereof.
<br />(b} All relaedies provided herein are distinct and cumulative to any other right af[orded by -taw or equity,
<br />and may be exercised _•oneurrertly, independently or successive-y.
<br />(c} The rnvenants and agreements contained herein shai3 bind, and the rights inure to, the respective
<br />successors and assigns of the Mortgagor and the Mortgagee.
<br />(dj Alt covenants andagreements of the Mortgagor are joint and seveeal.
<br />(e) The headings of the paragraphs of this Mortgage are for convenience only and shall not be used to inter-
<br />pret or define the provisions hereof.
<br />13. Release. Upon payment of ail sums secured by this 'tortgage. Mortgagee shall dischazge this Mortgage and
<br /> shall execute and deliver a satisfactory release therefor.
<br /> ortgage on the I.5~day of
<br />IN WITNESS WHEREOF, Mortgagor has executed this OCt_UbEI_,19 Bl .
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<br /> State of Nebraska, Imo' -- ----_----County ss:
<br /> On.this ~~ day of OCtObta'r _, 19 81 ,before me, the u ndersigned, a Notary Public
<br /> duly cgrairrissianed and qualified for said county. personally came ARt'~2Tt C. DOPx7.i1g aIY3 Gleiula M.
<br /> D4E°~.']IIrY, IltlStiatici 8nd Wife ~~______._-_ _____.. _, to me known to be -the
<br /> pientical perux((s) whose narrle(s} are subsecibed to the foregoing instrument and acknowledged the execution thereof
<br /> ~, be, h1.8 ~ ~' voluntary act and deed.
<br /> Witness my hand and notarial sea! at ___-~-~'~ Isi~_,-____. ___. in said county, the
<br /> date. aforesaid .
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<br />" My Commission expires: A~ ~dr fq~l~ ~.1~?~ ~!!/
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