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by thie Mortgage. Mortgagor shall pay to Mortgagee the amouat of any defiaienoy between the aotual tazes, assess-. <br /> menta, insurance premiums and ground rents and the depoaita hereunder within 10 days aiter demaad is made upon <br /> Mortgagor requesting payment thereoL � <br /> 8. Repair,Maiateaanae and Use.To promptly repair.restore or rebuild any bufldings or improvements now or � <br /> hereatter on�he Property,to keep Lhe Property in good aondition and repair,without waste,and hee from meahanio's or + <br /> other �ens not eapressly subordinated to the llen hereoi; not to make, suffer or permit any nuisanoe to ezlst, nor to� <br /> diminish or impair the value of the Property by any aot or omission to aat; and to aomp�y with a11 requirementa o!law� <br /> with respeot to the ProPertY• W <br /> . 1"'� . <br /> 7. Condemnation. In the event the Property. or a�y part thereot. shall be taken bq eminent domain, the� <br /> Mortgagee is empowered to oolleot and receive all oompensation whioh may be paid!or aqy property taken or for dam-� <br /> agea to property aot taken, and Mortgagee shall apply euoh oompeneation, at its option. either to a reduotion oi the ' <br /> indebtednesa eeoured hereby or to repair and restore the property eo damaged. <br /> 8. Perlormanoe by Mortgagee.Mortgagee may,but shall have no obligation,to do any act whioh the Mortgagor <br /> has agreed but fails to do, and Mortgagee may also do a,qq aot it deeme neoessary to proteot the lien hereoL Mortgagor <br /> agrees to repqq. upon demand, any aums so ezpended by the Mortgagee for the above purposes, and a�► eums so <br /> eapended by the Mortgagee shall be added to the indebtedness seoured hereby and beoome subjeot to the lien hereoL <br /> Mortgsgee shall not inour aqj►personal liabilily beoause o!anything it may do or omit to do hereunder. <br /> . . . _. �-- -- ,. . , . ... . ,. ... . . . .. ..... . • . . . . , . �� . , . . � � � „ . � . . S � . . <br /> 9. Defsult;Assignmeat oi Rsnts.Time is of the essence hereoi.and upoa Mortgagor's deiault ia aRy oovenenL <br /> or agreement oi thia Mortgage.inoluding aovenants to p�y when due the sume seoured by thie Mortgage,the Mortgsgee <br /> ehall be entitled.at ita sole option and without notioe.to deolare all sumrs seoured bq thie Mortgage to the immediately <br /> due and payable and may commenoe foreolosure oi this Mortgage by judioial pmoeedinga; and, provided itrrther. that <br /> upoa suoh default the Mortge�gee,or a reoeiver appoiated by a oourt.may at its optioa and without regard to the adequar <br /> ay oi the seourity,enter upon and take poeaession of the Property and oolleat the renta.issues and proSts therelrom and <br /> app�y them Hrat to the oost oi oolleotion and operation of the Property and then upon the indebtedness seaured by this <br /> Mortgsge; said rents, issues and profits being assigned to the Mortgagee as further seourity for the paymeat o!the <br /> indebtedness seaured hereby. <br /> 10. Traasier oi Property.Ii all or a�qy part oi the Properiy is sold or transferred without the esprese written oon- <br /> seat o!the Mortgagee. Mortgagee mey at its sole option, deolare ali sums seoured by thie Mortgage to be immediate <br /> due and pqyable. � <br /> 11. Futura Advaacas. Upon request oi Mortgagor, Mortgagee may make additional and tuture advanoes to <br /> Mortgagor.Suoh advanoes,with interest thereon,shall be seaured by this Mortgage when evidenoed by promissorq notes <br /> stating that said notes are aeoured hereby. At no time shall the prinaipal amount ot the indebtedness seoured by thie <br /> Mortgage.not inaludiag sums advanced to protect the seaurity ot this Mortgage.exoeed the or.tginal Note. <br /> 12. Miscellaaeous Provisioas. <br /> (a) Any lorebearance in eseresising any right or remedy sha11 not be a waiver thereoi. <br /> (b) All remedies provided herein are distinot and aumulative to any other right afforded by law or equity, <br /> and may be eseraised conourreatly,indepeadent�y or suoaesaive�y. <br /> (c) The oovenants and agreemente contained hereia shall bind. and the rights inure to.the respeotive auo- <br /> oessors and assigns oi the Mortgagor aad the Mortgagee. <br /> (d) All aovenants and agreements oi the Mortgagor are joint and several. <br /> (e) The headinga o!the paragraphs of this Mortgage are!or oonvenienoe only and ahall not be used to inter <br /> pret or define the provisiona hereoL <br /> 13. Relesee. Upon payment oi a11 sums seoured by this Mortgage� Mortgagee sha11 discharge this Mortgage and <br /> shall exeoute and deliver a eatistaotory release therefor. <br /> II�i V{Tl'I'1�TE$ <br /> 8 WHEREOF,Mortgagor has ezecuted this Mortgage on the l st day o!�8r;1 . 19�_. <br /> . � �Y <br /> � , � Horrower <br /> � <br /> p�s soaower <br /> Btate oi Nebraska. County ss: <br /> On this lst �q of_ APril 19 98 <br /> -before me,the uadersigned,a Notary Publio <br /> duly oommissioned and qu�ified fo�Qaid oounty,peraonally oame Clinton D Burr and Lillian Bt1I'r, <br /> Husband and Wife <br /> identical person(s)whose na,me(s)are subaoribed to the fore o to me lmown to be the <br /> to be B �8��ment and aalmowledged the execution thereoi <br /> voluatary act aad deed. <br /> Witneas my ha,nd and notarial seal at Kenesaw Nebraska in eaid ooun <br /> date aforesaid. �V.the <br /> My Commission espire <br /> a��M�. r�s�—•-, G' <br /> . �����1 NotaiY Publio <br /> NBC 1068 8/9s � <br /> O National Bank of Cortwnerrs Trust end Savings Asaociation,L3ncoln,Nebraska <br />