_ _ _ r �
<br /> ;
<br /> ` prior to entry of a judgment enforcing this Mortgage if: (a) Bortower pays Lender all sums which would 6e then due under
<br /> � this Mortgage, the Note and notes aecuring Future Advanees, if any, had no acceleration occuaed; (b) Borrower cures all
<br /> ;� ' breaches of any other covenants' or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br /> � expenses' incurred by Lender in enforcing the covenanu and agreements of Borcower contained in this Mortgage and in �
<br /> enforcing Lende�s nmedies'as provided in paragraph IS h�roof, including, but not limited to, reasonable atiorney's fees; and
<br /> � (� Borrower takes such acdon as Lender may reasonably requin to assure that the lien oF this Mortgage, I.ender'a interest
<br /> in the Property aad Borrower's obligation to pay the sums securcd by this Mortgage shall continue unimpaircd. Upon such �J
<br /> paymenC And cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force aad e8ect as if :
<br /> � '� no acceleradon had occurred. i:
<br /> � 20. Aestgnmeat ot Renb; Appototment o[Receiver, i.ender Io Posse�on. As additional securiry bereunder, Borrower }
<br /> hercby aseigns to Lender the ronts of the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<br /> , � hereof or'abandonment of the Property, have the right to coliect and retnin such rents az they become due and payable. ;
<br /> Upon acecleration under paragraph 18 henof or abandonment of the Property, Lender, in person, by ageot or by i
<br /> � judicially appointed rcceiver, shall be entitled to enter upoc�, take possession of and manage the Property and to collect the �
<br /> . � rents of the Property, including those past due. All rents collected by Lender or the receiver shall be applied (irsi to paymmt
<br /> � of the costs of managemrnt of the Properry and collcetion of rents, including, bui not limited to, receiver's fees, premiums oo �
<br /> receiver's bonds and nasonable attorney's fees, and then to the sums securcd 6y this Mortgage. Lender and the receiver �
<br /> jshall be liable to account only for those rents actuaUy received.
<br /> 1 2L Foture Advaocn. Upon request of Borrower, L.ender, at Lender's option prior to release of this Mortgage, may �
<br /> � make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when >.
<br /> ', � evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the
<br /> ; indebtedness secured by this MoRgage, not including sums ad d � ccordance herewith to protect the security of this
<br /> � Mortgage, exceed the original amount of the Note plus USS . �i��or�� . . . . . . f
<br /> $ 22. Releae�. U on a . .
<br /> f p p yment of all sums secured by this Mortgage, Lender shall discharge this Mortgage withont `
<br /> { chazge to Borrower. Borrower shall pay al! costs o jye6��ion, if any.
<br /> } � : :
<br /> I � . � IN WITNESS WHBREOF, Borrower has exdcuted this Mortgage.
<br /> � � � ��':�"l// �
<br /> � ��:� . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f
<br /> , Ja L . McE I roy —eorrower
<br /> a i� � _ /'4 ~J
<br /> �. . } �_� . . . . . . . . . . . . . . . . . . . _�. . . . . . . . . . . . . . . . . . . . _Borrowar � � .
<br /> 4 Rosemari e B . McE I ro �
<br /> �.3 � . � � . . i .
<br /> � '
<br /> Srwra oa Naeaws�cw. . . . . . . . . . . . . . HaJ J . . . . . . . . . . . . . . . . . . . . . . . . . County ss:
<br /> �
<br /> ;'
<br /> e
<br /> � , �
<br /> � On this . . . _ . 7th . . . . . . . . day of . . . . Mar.ch . . _ . . . . , 19 . 78 . , before me, the undersigned, a Notary Public � '
<br /> , , duly commissioned and qualified for said county, personally came .J.AMES . L. . MCELF�OY. AN.D .ROSE�IARI•E .B . • PICELROY , � '`
<br /> � as . tenants . i � . comrtinn . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to me known to be the S '
<br /> identical persoa(s) whose name (s) are subscribed to the foregoing instrument and acknowledged the execution � =`
<br /> � thereof to be . .'thel �. . . . . . . . . voluntary act and deed. ;' °
<br /> Witness my hand and notarial seal at . . . Gnand . I sJ an.d � .Nebraska . . . . . . . . . . . . . . . in said county, the ' '
<br /> t date aforesaid. i ;'
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<br /> My Commission expires: � . � . �
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