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by this Mortgage. Mortgagor shall pay to Mortgagee the amount of any deiioienoy between the acstual tazes, assess- menta, insuranoe premiums and grouad rents and the depoeita hereunder withia 10 days a8er demand is made upoa Mortgagor requasting paymeat thereoL � 8. Repsir,Maiatananae and Use.To promptl,y repair,restore or rebuild any buildinge or improvementa now or � hereatter on the Property;to keep the Properiy in good oondition and repair.without waste.aad iree imm meohanio's or �"'� other liens not eapressly subordinated to the llen hereot; not to make. eufier or permit aqy nuisanoe to eaist, nor to � diminish or impatr the value oi the Property by aqy aot or omiasioa to aat; and to aomp�y with all requirements oi law � avlth reepeot to the Properiy. . � 7. Coademnation. In the event the Property. or aay part thereof. shall be taken by eminent domain, the � Mortgagee is empowered to oolleot aad reoeive all oompensation whioh m�r be paid for any property taken or for dam- ages to property not taken, and Mortgagee shall apply suoh oompensation, at ite� option, either to a reduotion o!the indebtedness eeoured hereby or to repair and restore the property so damaged. S. Pertormaace by Mortgagee.Mortgagee may.but shall have no obligatioa.to do aqy aat whioh the Mortgagor has agreed but fails to do, and Mortgagee may also do any aat it deems neoessary to proteot the lien hereoL Mortgagor agreea to repay, upon demand, any suma so eapended by the Mortgagee for the above purpoaes. and aqj► sums so eapended by the Mortgagee ahall be added to the indebtedness eeoured hereby and beoome aubjeat to the lien hereoL Mortgagee shall not inaur aqy personalliability beoause of anythiag it mqq do or omit to do hereunder. 9. Debnit;Assignmeat oi Reat�.TYme is o!the essenoe hereoi.and upon Mortgagor'e default in aqq ooveneat or agreement oi thia Mortgage,inoluding aovenanta to pa3►when due the suma aeoured by this Mortgage,the Mortgngee shell be entitled,at its aole optioa aad without notioe.to deolare all sums seoured bq thie Mortgage to the immediately due and p�►able and may oommenae loreoloeure oi thie Mortgage by judioial prooeedinge; aad, provided further. that upon suoh detault the Mortgagee,or a reoeiver eppointed by a oourt.makq at ite optlon and without regard to the adequar ay oi the seourlty.enter upon and take poesession oi the Property and aolleot the renta,iasues and proSta theretrom and app�y them grst to the aoet o!oolleotioa and operatlon o!the Properiy and then upon the indebtedneas aeoured by this Mortgage; said rents. iasues and profits being assigned to the Mortgagee as 1`urther seourity for the paymeat of the indebtedness seaured hereby. 10. Tranafer oi Property.Ii all or aqy part o!the Property ia sold or transferred without the ezpress written aon- sent oi the Mortgagee, Mortgagee may at its sole optioa. deola,re all sume seoured by thia Mortgage to be immediate�► due and paqsble. 11. Fnture Advanaes. Upon request oi Mortgagor, Mortgagee may make additional and future advanoea Lo Mortgagor.8uoh advanaes,with interest thereon,ehall be seoured by this Mortga,ge whea evidenoed by promiesory notes stating that said notes are seoured hereby. At no time ehall the prinaipal amount of the indebtednesa seaured by thie Mortgsge,not inoluding sums advanoed to proteot the seourity oi this Mortgage.ezoeed the orig3nal Nots. 12. Miscellaaeoue Provisions. (a) Any forebearanae in ezeroising any rlght or remedy shall not be Q waiver thereot. (b) All remediea provided hereia are distinot and oumulative to aqj►other right elforded by law or equity, and may be ezeroised oonourrent�►,independent�y or suoaessively. (o) The oovenaats and agreements coataiued herein shall bind. and the rights inure to.the respeotive sua oessors and assigns oi the Mortgagor and the Mortgagee. (d) All oovenants and agreements ot the Mortgagor are joint and several. (e) The headings of the paragraphs oi thie Mortgage are!or oonvenience on�y and shall not be used to inter pret or deSne the provisions hereot 13. Release. Upon payment oi all sums seoured by this Mortgage, Mortgagee shall disoharge thie Mortgage and ahall ezeauts and dellver a satiaiaatorq release therefor. IN W1TNE88 WHEREOF.Mortgagor has ezeouted thie Mortgage on e day oi — . 19,��. (Steven G. Spenc• . , ��..er (�arolyn A. Spen ��r State oi Nebraska,_ H all County as: On this__ 2 7t h day oi M ar c h 19 98 -before me,the undersigned,a Notary Public du�q aommissioned and qualiHed for said county,personally oa,me C'FP V p 1'1 (��CTn Q n�+er• d n d __ Carolyn A. Spencer, husband and wife tomeimoWntobeta�e identical person(s)whose name(s)are subsoribed to the foregoing instrument and aal�owledged the eaecution thereof to be__ t h Pj r voluatary act aad deed. W�tnees my hand arid notarisl Beal at _ !,r�n rl T cla n�I �e a ras k a �sata coun the date atoresaid. � . tY. � 11�q Commission eapires: � . Nota�y Publio � 6��OrARY�tate os Ne6raska VICKY J.GLAUSE MY Comm.Exp.Dec.30.I?38 . NBC 1066 8/95 O Nationel Bank of Comme�e Tnist and Savinys Aasacde�Uon.Unooln.Nebraska