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7. in the event the Property, or any part thereof, shad be taken by eminent danutin, the Mortgage
<br />is empoweeed to tolieet, and receive ail oampensatton which may be paid fnt any property taken or [ar damages to Property
<br />rat taicirsa, and ~'k shall' ap~y such cwnpensation, at its aptian, either to a reduction of the indebtedness secured
<br />hereby or to repair an+i'zestore #~e property so damaged.
<br />8, ter2a;asa~e by Mom, Mortgagee may, but shall have no obligation, to do any act which the Mortgagor
<br />hs Let faibt to do, and Mortgagee may ciao do any act it deems necessary to protert the lien hereof. Mortgagor
<br />to iepay, upaa ders>ffitd, any sums so upended try the Mortgagee for the above putpetaea, and any sums so expektded
<br />by't5e sila8 6e added- to the intebtedness secured hereby and become subject to the lien 6eteof: Mort~gee
<br />aim na~t finest any pttsEaeai lability because of anything it may do or omit to do hereunder.
<br />B. D~dau&; Aprignmeot of Rmtte Time is of the essence hereof, and upon Mortgagor's default in any eovedsnt
<br />er agt~aement atthis Mortpsge, including covenants to pay when due the sums secured by this Mortgage, the Mortgagee shat!
<br />be enttaftimd,. ak fits sok option and without notice, to declare ati sums secured by this Mortgage to be immediately due and
<br />payable sad nmty caanmence foreclosure of titer Mortgage by judlttiai proceedings; and, provided further, that ups such
<br />tiaLsstt the Mortgagee, or a receiver appointed by a court, may at its aptEon and without regard to the adequacy ©[ the
<br />sectudty, enter upon sad take pion of the Property and collect the rents, issues and profits therefrom and apply them
<br />[ire to t2te coat of ooliectioa and operation of the Property and then upon the indebtedness secured by this Mortgagee;
<br />eairl teats; issues-sad profits being assigned to the Mortgagee as further security Por the payment of the indebtedness
<br />secured-tuereby.
<br />!Q. TtmtK of Property. If ail or any part of the Property is sold or transferred without the express written etm-
<br />sent of the Mortgagee, Mortgagee may at its sole option, declare all sums secured by this Mortgrge to be immediately due
<br />and payable:
<br />il. FLtuae Advancm. Upon request of Mortgagor, Mortgagee may make additional sad future advances to
<br />EiAOrtgagee. 9ndt advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory' notes
<br />atatteg that said notes are mitred hereby. At no time shall the principal amount of the indebtedness secured 6q this
<br />Mortgage, aot including sums advsaced to protect the security of this Mortgage, exceed the origiael Note.
<br />12. ~s Proriaioaa
<br />(a) Any farebeseance is exercising any right or remedy shall not be a waiver thereof.
<br />(lr} Ali temediea provided herein acs distinct and cumulative to any other. right afforded by law or equity,
<br />and may be a:erc-sed concurrently, independently or successively.
<br />(e} 71te covenants and agreements contained hetin shall bind; and the rights inure to, the respective
<br />su8cesears and assigns of the Mortgagor and the Mortgagee:
<br />(d} Alt covenants and agteerdents of the Mortgagor are joint and several.
<br />(e} 'llte headings of the paragraphs of this Mortgage are for convenience only and shell not he used to inter-
<br />pret ttt define the provisions hereof.
<br />18, Release. Upon payment of sit sums secured by this Mortgage, Mortgagee shall discharge [his Mortgage and
<br />s8ati execute and deliver a satisfactory release therefor.
<br />tN WiTNE3S WHEREOF, Mortgagor has executed this Mor ge on the.~~lday of l9 ,.~~,
<br />i~ % 1'1 £_
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<br />_ nt.Nebtaaita, X11 __~_..____~..___,e_Cuunty ss:
<br /> pn tlti+F 13th d,y, of AklYCihU@I' . 19.~~__, before me, the undersigned, a Notary Public
<br /> dtdy edwieeed and qualified for said county, personally came _MSL- Hoffrrsra EIId fiAnrii`e K.
<br /> Haft ______T_______~ _ , to me known to be the
<br /> identical peaton(s} whose names} are sut>bcribed to the Coregaing instntment and acknow{edged the execution thereof
<br />,,Q to ba ~g~~~ ~~ ~. voiantacy act and deed.
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<br />Wltttaa my hand sad notarial seat at __ _._._~ c~fta rbi~
<br />.____~~_____.~_. in said eouaty„ the
<br /> date ataeearald .
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