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T: Coadeaurgtion In Ehe event ttre Roperty, m any part Ebereot, shall be taken by eminent dornainy the Mortgagee
<br />18 empowered to coped sad receive ail rompenaadon'which may be paid [oa say property taken or [or damages to property
<br />~ taken, and Dortgagee shalt apply such compeasat[oa, at its option, either to a reduction of the indebtedness secured
<br />hereby or to repaR atM restore the property sa damaged.
<br />R Paefoerruaee by Mortgegae. Mortgagee msY. but shall Curve no obligation, to do nay act which the MortgaRcsr
<br />tun mod' brit tilts to-do, and Mottpgee may silo downy net It deems necessary to protect the lien hereof: Mortgagor
<br />c - agraes~ to repay, upnn demand, any au~u soexpeaded by the Mote tot the above purposes, and aaq sums so ezpended
<br />( M' the-Dgurtgagss ~wil be added to-the iadebtedruss secured herebq and become subject to the lien hereof. Mortgagee
<br />Got inrvrs atry psrsooal liatdlity bxdose of anything it may do or omit to do hereunder.
<br />8. 1)ehutt; As~oxnt o[ Rents. Time is of the essence hereof, and upon Mortgagor's defauiL in any coveaest
<br />m agreesteeit otth~ Mortis, ~acludlag covenants to pay when due the sums secured by this Mortgage, the Mortgagee dull
<br />ba entitled, st its sole option and without notice, to declare al{ snms secured by this Mortgage .to be immediately due and
<br />payable nail may commence toreclaaure of this Mortgage by judk~al proceedings; and, provided further, that neon such
<br />datanlt the Mortgagee, or a receiver appointed by a court, may at its opt[on and without regsrd to the adequacy of the
<br />security; eater upoh and take poaseasion of the Property and collect the rents, imues end proflta therefrom and apply them
<br />nett to the oast of cottection and operatiot of the Property and thew ~rph): the inde~tedness secured by this Mortgagee;
<br />said ients'iesites"anil`ptotits being assigned to the Mortgagee ss further security for the payment of the iadebte~ess
<br />secured hereby.
<br />10. Tratutar of Property. If ail or any part o[ the Property is sold or transferred without the express written con-
<br />sent of the Motti(agee, Mortgagee may at its sole option, declare ail sums secured by this Mortgage to be immediately due
<br />sad psyabk.
<br />11. Ftirtwe Advmc~. Upon request o[ Mortgagor, Mortgagee may make additional and future advances to
<br />Mortgagor. Such advances, with Interest thereon, shall be secured by this Mortgage when evidenced by promissory notes
<br />stating that said notes are secured hereby. At no time shat' the pfinctpei amount of the indebtedness secured ~y tltls
<br />Mortpge, not inelading sums advsnced to protect the security of this Mortgage, exceed the original Note.
<br />12. Mi,seilaosoua Provisbns.
<br />(a) Ariy torebearaace in exercising any right or remedy shell not be a waiver thereof.
<br />(b) Ail remedisa provided herein are distinct and cumulative to any other right afforded by law or equity,
<br />and may be ezercised coacureently, independently or successively.
<br />(c) The covenants sad agreements coataiaed herein shell bind, and khe rights inure to, Ute respective
<br />suoceasoes end aengas o[ the Mortgagor and We Mortgagee.
<br />(d) Ati covenants sad agreements of the Mortgagor are joint and several.
<br />(e) The 4eadin~ of the paragraphs of this Mortgage are [or convesieace oNy and shill not be used to iateo-
<br />pmt or define the provisions hereof.
<br />13. Balsas. Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage and
<br />shell exseute and deliver a satisfactory release therefor.
<br />IN-W[TNESS WHEREOF, Mortgagor has executed thin Mortga~ on Ute ~_ day of nPC - ,19 $.L_ <
<br />-~
<br />rry Ey Martin- s~~~
<br />r _
<br />(Mac`3orii~ h. Martin) '=~
<br />Y[tata of Nabraelu, Rttlj County as:
<br />
<br />Oa this 2ntL_ day of t)ecemh,~r . t9..$,L_, before me, the undersigned, a Notary Public
<br />duly cWosed and quelitied [or said county, personally came ~y F.. Mar i n end a rj orie M.
<br />MarCin Husband and Wife , to me known to be the
<br />idnnttai pecsoa(a) vvhoss name(s) ace subscribed to the foregoing inetrumeat sad eckaowiedged the execution thereof
<br />to be (:hair __,,, voluntary act sad deed
<br />Witsats my huwt sad aotactal seal at Grand Island NE is said county, the
<br />daq Korutild.
<br />L4yC+pttmiataae:RiresiarNUrint+aitt-raae.ik.wu. >~`'.,- K;
<br />ktAl19E RAt1t91f ~LG.:~i.' ~_,,. - `t+. ~ ~' I"
<br />Mrt1MeRW-ilM.4Qif161 r ~' ~ Notary FupUe
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