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170-065
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170-065
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NON-UNIFORM COVENANTS. Mortgagor and Mortgagee further covenant and.agree as follows: <br />15. Acceleration; Remedies. Upon Mortgagor's breach of any covenant or agreement of Mortgagor. in this Mortgage, <br />3 including the covenants to pay when due any sums secured by this Mortgage, Mortgagee prior to acceleration; shall mail <br />notice to'Mortgagor. as provided in paragraph 12 hereof specifying;,( t) the breach; (2) the action required to cure such <br />breach; (3) a date, not less than thirty days from the date the notice is mailed to Mortgagor, by which such breach must be <br />1 -cured; and (4) that failure to cure such breach on or before the date specified in the notice may result in acceleration of the <br />sums secured by this Mortgage and sale of the Property. If the breach is not cured on or before the date specified in the <br />notice, Mortgagee at Mortgagee's option may declare all of the sums secured.by this, Mortgage to be immediately due and <br />payable without further demand and may foreclose, this Mortgage by judicial proceeding. Mortgagee shall be entitled,to <br />collect in such proceeding all expenses of foreclosure, including, but not limited to; attorney's fees permitted by rules <br />of court or applicable law and.costs of documentary evidence, abstracts and title reports to the extent permitted by ' <br />applicable law. ' <br />16.' Mortgagor's Right to Reinstate. Notwithstanding Mortgagee's acceleration of the sums secured by this Mortgage, <br />Mortgagor shall have the right to have any proceedings begun by Mortgagee to enforce this Mortgage discontinued at any time <br />prior to entry of a judgment enforcing this Mortgage if: (a) Mortgagor pays Mortgagee all sums which would be then due under <br />this Mortgage (the Note and the Agreement) had no acceleration occurred; (b) Mortgagor cures all breaches of any <br />other covenants or agreements of Mortgagor (in enforcing in this Mortgage and the Agreement) (c) Mortgagor pays <br />all reasonable expenses incurred by Mortgagee in enforcing the covenants and agreements of Mortgagor contained in <br />this Mortgage and in enforcing Mortgagee's remedies as provided in paragraph 15 hereof, including, but not limited <br />to, reasonable attorney's fees to the extent permitted.by applicable law; and (d) Mortgagor takes such action as Mortgagee <br />may reasonably require to assure that the lien of this Mortgage, Mortgagee's interest in the Property. and Mortgagor's <br />obligation to pay the sums secured by this Mortga je.shali continue unimpaired. Upon. such payment and cure by Mortgagor, <br />this Mortgage and the obligations secured hereby 'shall remain in full force and effect as if no acceleration had occurred. <br />17. (Assignment of Rents; Appointment of Receiver) . As additional security hereunder, Mortgagor hereby <br />assigns to Mortgagee the rents of the Property, provided that Mortgagor shall, prior to acceleration under paragraph <br />15 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and <br />pa ya bl e. <br />18. Release. Upon payment of all sums by this Mortgage, Mortgagee shall discharge this Mortgage without <br />charge to Mortgagor. Mortgagor shall pay all costs of recordation, if any. <br />19. Waiver of Homestead. Mortgagor hereby waives all right of homestead exemption in the Property. <br />IN WITNESS WHEREOF, Mortgagor has executed this Mortgage. <br />Witnesses: <br />Morlgag�rnJ JOHN SRYMOUR <br />l\ �C3-•Y �J <br />Mortgagor CAROL SE OUR <br />9--"4��`"`�X RR 41 Box 1 (10_R1 T. Q <br />GLENN E. H,A/UBOLD Grand Island, Nebraska 68801 <br />mailing address of mortgagor <br />ANNIE M. HAUB OLD <br />State of Nebraska, County of G C. ss <br />On this 17 /day of �_� 19 %before me,, the undersigned, a Notary <br />Public in and for said County, personally came Haubolds & personally known to me <br />to be the identical persons whose names are affixed to the above and foregoing instrument as mortgagors, and each <br />be his or he�Kv�o�lu�ntary act and deed. <br />acknowledged said instrument to <br />Witness my hand and notarial seal at ��iii /��%? .v./ the date last above written. <br />LORREM V1.1'c1111E <br />My Commission expires:Gj 6' % v GENERAL 'OVRY- -81,1' f, th <br />Notarf�t. Dunt~ 30, 1J7$ <br />3 f <br />RIS -NEB <br />
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