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<br />7. Ta fire Brent the Property, or and part thereof, shall be taken by eminent domain, the Mortgugee
<br />~emgoserrdi~colket ~d rexive ~ comper~setion which may he paid for anY Property taken wr for damages W property
<br />ewEtetrea, and ;)fartpgee shall agtpfy sudr compemaatlon, at ih opiian, either to a reductlon of the indebtedness see~ued
<br />kerrt}p ~r i'6 r~ anti restore the property so dsd.
<br />& by Mort@pe. Mortgagee may, but shsTl irate no obligatlon, to do any act which the Mortgsg[or
<br />hea,a. bat: oils to do, and Martgsgee map also do any set i< deeox necessary to protect the lien hereof. MosgAgor
<br />to >Prpay, upon demand, aay wms w ezpended by the Mortgagee for the shove purprnes, and any arms so expended
<br />b~ tlx lfortg~e a6s0 bs added. to the indabtedaesb aecwad beraby and become subject to the lied hereof. Mortgagee
<br />a6afii~ not iecar smy psasmal itab8lty betxase of anything tt mry dtr ~ omit to do hereunder.
<br />8. Dsfwlt; Aasi~meat of Rents. 'l'ime & of the essence hereof, and upon Mortgagor's default in any covenant.
<br />arespeeatent of this Mortgage, fndudhrg coveeaata to pay when due the sums secured by this Mortgage, the Mortgagee shall
<br />be entitled, at its sole optlon sad without notice, to dedare all sums secured by this Mortgrge.to be immediately due and
<br />payable and may eom~ace foreclosure o[ this Moet®sge by judidal proceedings; and. Provided further, that upon eueh
<br />detlsodt the Mortgagee, or a reoei•er appointed by a court, may at its optlon and without regard to the adequacy of the
<br />aecmiq, eater upon sad take p»sssemfoa of the Property sad edlect the note, issues sad profits therehom and apply them
<br />first to the cod of eoiiectfoa sad operation of the Property sad then upon the ladebtedness secured by thts Mortgagee;
<br />>~ reats•;.iasuee and pt+otits befog assigned to the Mortgagee m further security for the payment of the indebtedness
<br />secured hereby.
<br />16. 4eaoder of Property, Tf aft or say part of the Property is sdd or ttuu[erred without the ezptess written coa-
<br />aen4 of Gte Mortpgse, Mortgges may at its sole optloa, declare eq aume,secured by this Mortpge to be iouaedfate-y due
<br />and psyaWe.
<br />11. Future Advances. Upon request of Mortgsgtt, Mortgagee may auks additloaal sad futon advances to
<br />Mortgtgor. Such prances, with inteeest thereon, shall he secured by this Mortgage when evidenced by promissory notes
<br />dstlog thst said notes are secured hereby. At no time shall the principal amount of the indebtedness secured 6y tbla
<br />Mortga®e, sot iadoding soma advanced to protect the security of this Mortgage, ezoeed the original Note.
<br />13; MbpifaasotuProvWoos.
<br />(a) any fossbearance in rrzercising say right or remedy shall sot be a waiver thereof.
<br />(b} Ali remedies provided herein are distlaM sad cumnlatire to say other right aKorded by Isw or equity.
<br />sad may be ezmclsed ooneurreatly, iadepradeatty or euerwarively.
<br />(c} 'The covetunts sad agneaaeata cartxiakad hereto shall bind. sad the rights inure to, the respectire
<br />successors sad asNgna of the Mortgagor and the Nortgagae.
<br />(d} Ali coreasa~ and epeemeota of the Mortgagor are joint end several.
<br />(e} 'The Exeadin~ of the paroa.aplu of this Mortgage sae for coavraienoe only aa3 shad not he used to inter
<br />prat or define the prorisioos hereof.
<br />19. Release. Upon paymmnt of sit some secured by this Mortgap, Mortgagee aha6 dWcharge thin Mortgage and
<br />shelf-esemrtt sad deliver a sattsfsetary release tltarefce.
<br />IN p1TR'NES.4 w1TEREOF, Mortgagor hoe executed this Mortgage on We T ~ day of November , I9 $ ~
<br />Recj~e_S-plc Fagm~,t,A General Partnerehfn
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<br />_ `_ U` C aOR01MC
<br />8tats of Nebeaks, el i Gbuaty u:
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<br />On tlrh T?th day of ijIIS~4= 1881_, before ~. We undersigned, a Notary Puhiie
<br />eoasmissioned and quditkd toe said euunLy, personally cams ~'J~ t!: ~~ ! ~,1~.. ~ ~ . • : r..~..: i~_., ,.<+~-~
<br />''' ~' 1 ~. _ _... to ms known Lo 6a th+
<br />identleai peeaoa(s} whose s) ors safrcribed Lo the [oregaing fashuroent and acknowledged the executlon tMreot
<br />to bs their vduatary act and deed.
<br />sty luutd sad aotulai ~ at Gt•and Islgas~. NE in acid Bounty. the
<br />date atoraasid .
<br />ls~le R. Ulftk ~ . _.._~ .
<br />Mir t7aWaisNoa etgingt 1/a'lt~ i~,Nt{tUti, MOTARIA4 ~~, 1 ~ ~_l..-
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