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6 <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree.as follows: <br />17. Acceleration; Remedies. Upon Borrower's breach of any covenant or agreement of Borrower'in this Mortgage, = <br />including the covenants to pay when due any sums secured by this Mortgage, Lender prior to acceleratiori•shWl.*Mai I notice <br />to borrower as provided in paragraph 14 hereof specifying:' (1) the breach; (2) the action required to cure such-hYeach; (3) <br />a date, not -less than'thirty days from the date the notice is mailed to Borrower, by which such breach must be cured; and (4) <br />that failure to cure such breach on or before the date specified in the notice may result in acceleration,of the sums secured by <br />this Mortgage and sale of the Property. If the breach is not cured on or before the date specified in the notice, ,Lender at. <br />Lender's option may declare all of the sums secured by this Mortgage to be immediately due and payable without further <br />demand and may foreclose this Mortgage by judicial proceeding. Lender shall be entitled to collect in such proceeding <br />all expenses of foreclosure, including, but not limited'to costs of documentary evidence, abstracts and title reports and . <br />reasonable attorney's fees permitted by applicable law. <br />18. Borrower's Rights to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Mortgage, <br />Borrower shall have the right to have any proceedings begun by Lender to enforce this Mortgage discontinued at any time <br />prior to entry of a judgement enforcing this Mortgage if: . (a) Borrower pays Lender all sums which would be then due under <br />this Mortgage and the Note, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agree- <br />ments of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing' <br />the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in <br />paragraph 17 hereof, including, but not -limited to, reasonably attorney's fees allowed by applicable law; and (d) Borrower <br />takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest in the Property <br />and Borrower's obligation to pay the.sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure <br />by Borrower, this Mortgage and the obligations secured shall remain in full force and effect as if no acceleration had occurred. <br />19. Assignment of Rents; Appointments of Receiver; Lender in Possession. As additional security hereunder, Bor- <br />rower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph <br />17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or by judicially <br />appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Pro- <br />perty including those past due. Alf rents collected by Lender or the receiver shall be applied first to payment of the costs of <br />management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds <br />and reasonable attorney's fees and then to the sums secured by this Mortgage. Lender 'and the receiver shall be liable to account <br />for those rents actually received. <br />20. Release. Upon payment of all sums secured. by this Mortgage, Lender shall release this Mortgage without charge <br />to Borrower. Borrower shall pay all costs of recordation, if any. <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />BVor v JOHN G. YMOUR, J: f <br />it n <br />t. I <br />Borrower CAROL L: SE MOUR <br />Route #3, Box 160B-1, Lot 9 <br />Grand Island Nebraska- 68801 <br />mailing address of mor gagor <br />f <br />STATE OF NEBRASKA, County of (- ss: <br />On this /' day of 1975 -before me, the undersigned, a Notary Public in <br />and for said,,Eounty, personally came= i o'fiu_ _ ', Jr & Carol L. Seymour <br />a- <br />per ohall�y known me to be identical persons whose names are a fixed to the above and foregoing instrument as mort- <br />gofs;�and eaih ac iowledged said instrument'to be his or her voluntary act and deed. <br />Witness;.my han E};nd notarial seal at the date last above written. <br />/ MY Commission eXgir�� <br />'�l\wl•£t?ihns���• <br />CM -NEB <br />Notary"Public <br />dL1� Boo ^� <br />CL G <br />for reco 3 �_ —� <br />PCE <br />�. r isher, Register of ;gee , <br />Hall County+ Nebrasick <br />
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