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7, Lp the llrent the Property, or eap part :Aere+ot, whelk be taken by e~ut domain, the ~ ~ empc-seeed to eo~etand'tseeiVe ati won rrbbb magi be'paid for way property takes oz far damages to property not ta$~, eud=Moshe sh111 apply such oampematloar, at i#a option, either to a reduetiorr of the indebtedae9s secured hetiby ~ to rapitt asd-restore the pecperty so daaraged. 8 het8amaaoe b! : Mortgagee may, but ahaU bare no obligation, to do any act which-the Mortgy[ex tree= agpaad tmtt fags to do, and Mortgagee may aLw do any wet it deem: to protect the -ties hereof. Irtottgpgor to repay; upwn:krrs~d; way anew so expended by the Mortgagee for the whore purposes, and sap snms so ezpended tiq Uwe ~3ortgegee shag tie addaid_to the iadebtedaes!c oacured hereby aced become subject to the lien hereof. Mortgrgee s~ wd emesrr way peQO®at tiab8ity beratrrse of enytiriiag tt may do or omit to do hereunder. !; Defedt;. Ant of Ytaata. Time is of the serene bezeot and upon Matgsgor's default to wag cormorant oca~asmentof fhb tdottp{e, i;rduding covenants to pay when due the sums secured by this Mortgage, the Mottgpee altail fire entiUad; at Bea sots optk-n and without notice, to decare all soma secured by th4 Mortpge to ba immediately due and paysbDe and may onmrrwnoe foreelosure of this Mortgage by judicial ptoceedinga; and, provided tnrther, that-upon sndr dettratt the Mortgagee, or a receiver appointed by a court, rarly at its option wad without regard to the adequacy of the aecar[ty, enter upon and take possession of the Property and collect the rents, isaua and pro(ita therebrom and apply ttrem titer to Ure-cost of c~Dectioa sod operation o[ the Property and then upon the iadebtedntls seerrcad by this adorttjagee; add rents, iasuea and pm5ta being aaeigned to the Mortgagee as further security tot the paymnt of the iadetrtedoeaa secured hetebg. 10: Teanater of Property. If all or any part of the Property is sold or transferred without the espreas written cam- seat. of. the Mortpgee, Mrotgagee may at its sole aptian, declare aU runts secured by this Mortgage to be immediately due. and payable. 11. Fatrrra Advmces. Upon request o[ Mortgagor, Mortgagee may make additional and tutrQe advearxs-to Mortgapt. Such adaanosa, with interest thereoe, shall be secured by this Mortgage when evidenead by, promWorp nobs ataUag -that said notes are secured hereby. At no time shall the priacipd amount of the imkbt:dneas aaerriaa ~Y ~ ]gortgage, sot inetuding auma adwaeed to protect the security of thin Mortgote, exceed the original Note. 12. Mi~ltaeeoru. Provisions. (a} Any torwbearaace is eger~tiang way rift or remedy Shan not be a waisaz thereof. (b) AU remedies provided herein are distinct and cumuirtiva to any other,right t[torrkd by law orequM7r; apd may be enrcised concurrantlY: iadependentiy or suee.saiely. (e} The covenants wad agreements contained, heroin shall bind, and tire fight: hrnre to; the reapsctfrre snaoesaots and assigns of the Mortgaggor and the Mortgagee. {d} Ail covenants wad agreements of the Mortgagor are joint wad aevainl. (a- The headings of the paopaphe of this Mortgage are tot coavanleace Daly wad shall not be owed to inter- pret !1r deAne Ure pmvidona hereof. 18. Ralnaaa. Upon payment of all auma secured by th4 Mortpge, Mortgagee shall dhchatga this Mortgage and ~ exaeute wad deUrer a aatistactory release therefor. Rd Wt'i3HFJ'SS WHEREOF, Mortgagor hm ezacubd this Mortgage on the- 18 day of Novetaber , 19 $1 . a gatr of Nabdaka, ~l -_ Cooney u: 0a thin 18 day of November 19 81 , betvre ma, the uadeesigaed, a. Notary Public d~+y eoa+-misaiwsed wad qualified for said eouaty, paraooaily came Gordan J . Scarborough y, to me knows to be the tdeatlcal petaoa(s} whaae naare(s} are subscribed to the foregoing instrument and ackaowladged the ezecutian thereof ~ ~ hie ~ vduntary act and deed. Witaaaa my head and trotarW seal at Grand Ielgr},d,~NE ~in said county, Ure deb atasaaii . - .. ]~ ~OIt expires: 6fata>tr aataar-ssa a a ~ - -~"~ MARL3E Itla 7.d++"' -i f} t'" .Y""' to a ~ Not~ryr auteM - '~ '~ .~ tsa.o. nslWw Tkr t.u~s awrr.+ iw rws+sr .oa a..«aw) ---- . ~ ~ ~ '~ -~ _' ~. ~~' :. ~. s ~ .' ~ .+.. 4'+- ~ x'. ~. ~ `? ~° t ' ._^l ~ ~.. ~ _ s .wr ~i 3 1riC trraa ri~t~ a;~ W .-