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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 />including -the covenants to pay when due any sums secured by thi . s Mortgage, Mortgagee prior to acceleration; shali'mail <br />notice to Mortgagor as provided in paragraph 12 hereof specifying; ( 1) 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 />cured; and (4) that failure to cure such breach on or before the date specified in the notice may result in acceleration of tile <br />sums secured by this Mortgage and sale of the Property. If thebreach 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'orocceding 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 la�v:,, . <br />16. Mortgagor's Right to Reinstate. Notwithstanding Mortgagee's acceleration of tile sums secured by thi� Mortgage, <br />Mortgagor shWi 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 e . xpenses incurred by Mortgagee in enforcing the covenants and agi.-eements of Mortgagor contained in <br />this Mortgage and in enforcing Mortgagee's remedies as provided in paragraph IS hereof, including, but not limited <br />to, reasonable ktorney'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 Mortghgor's <br />obligation to pay tile sums secured by this Mortgage shall 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 �Iortgagee 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 />payable. <br />18. Release. Upon payment of all sums by this Mortgage, Mortgagee shalf discharge this Mortgage without <br />charge to Mortgagor. Mortgagorlshall 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 />,K1 gagor� <br />EARL' F. B S <br />Vg T7 <br />Mo, tgagor VE J� <br />VE J. BARNES <br />820 West -17th <br />Grand Island, NE. 68801 <br />PrapartT-AtHraTs Mailing Address of: Moi7tg3gor <br />State of Nebraska, Co inty of ss: <br />On.this —)--day ;f Art(" i before me, the undersigned, a Notary <br />Public in and for said County, personally came DGRUE! Evelyn personally known to me <br />to be the identical persons whose names are affixed to the above a-bd foregoing instrument as mortgagors, and each <br />be' his or I volunt <br />acknowledged said instrument to zq act andrieed. <br />Witness my hand and notarial seal at the date last above written. <br />My commission expii 7 <br />9L61'#*AON*dX3*WWO'J I <br />W <br />IN71VMMIANY111VA I Notary GENERAL NOTAR <br />["w")OOMS-MVIONWHN39 <br />WILLIAM IN. sApSNALL III <br />3 <br />My n <br />RIS -NEB My COMI'll. EA nL Nnw A in,. <br />