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85000355
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85000355
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Last modified
10/17/2011 3:44:00 PM
Creation date
4/1/2008 3:46:31 PM
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DEEDS
Inst Number
85000355
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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under <br />this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration aeurred; (b) Borrower cures all <br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasooabk <br />expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage snd in <br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and <br />(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest <br />in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such <br />payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect as if <br />no acceleration had occurred. <br />20. Asefgsmem of Rem; Appointment of Receiver; Leader in Possession. As additional security hereunder, Borrower <br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph is <br />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 18 hereof or abandonment of the Property, Lender, in person, by agent or by <br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the <br />rents of the Property, including those put due. All rents collected by Lender or the receiver shall be applied first to payment <br />of the costs of management of the Property and collection of rents, including, but not limited to, receiver's feet, premiums on <br />receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Len&r and the receiver <br />shall be liable to account only for those rents actually received. <br />21. Fatere Advances. Upon request of Borrower, Lender, 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 rotes are secured hereby. At no time shall the principal amount of the <br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this <br />Mortgage, exceed the original amount of the Note plus US$. 5.00.80.0......... <br />2L Release. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage witb&A <br />charge to Borrower. Borrowee shall pay all costs of recordation, if any. <br />23. As long as this Mortgage is held by the Nebraska Investment rinonce Authority, the render may, at <br />Lender's option. declare all eums secured by this Mortgage to be immediately due and payable It Borrower <br />omits or misrepresents a fact in an eppllcation for this Mortgage. Including, without limitation, anything <br />contained In the Mortgagor's Affidavit and Certification esecuted by borrower In conjunction with this Mort- <br />gage. <br />IN WITNESS WitEREOP, Borrower has executed this Mortgage. <br />Sally Jo +tn— y r _ r <br />...................... ............................... <br />.— sBrwewr <br />STATE OF NEBRASKAI <br />I SS. <br />COUNTY OF }call I <br />The foregoing instrument was acknowledged before me this Zlst, day of. . <br />January 19.8 .5, by Sa11X Ja Kenney, A Single Person <br />Witness my hand and notarial seal at. Grand Jsland <br />in said County, the date aforesaid. <br />A rt <br />t Notary Public <br />My Commission expirest <br />X O M fMR gr IIM <br />
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