...._~
<br />a
<br />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 accekratidn occurred; (b) Harrower curls all
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br />ezpenaes incirrced by Linder in enforcing the covenants and agreements of Borsower contained in this Mortgage and in
<br />enforcing Lender"s remedies as provided in paragraph 1 g 6oreof, including, but not limited to, reasonable attorney's fees; and
<br />(d)`HOtrower 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 />paytnettt aird'cuie by Eot7vwer, this Mortgage and the abhgations secu€ed hereby shall remain in full force and effect as if
<br />ao acceleration had occurred.
<br />20: , Anl o[ Rea/a; Appofntmenl of Receiver, Lender io Possession. As additional security hereunder, Borrower
<br />hereby assigets to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under pazagraph 1 g
<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 abandonmrnt of the Property, Lender, in person, by agent or by
<br />judicially appointed receiver, shalt he entitled to enter upon, take possession of and manage the Property and to collect the
<br />rents of the Property; ittciriding those past due. All rents collected try ixnder or the receiver shalt 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 fees, premiums on
<br />_ receiver's trortds and reasonable attorney's fens, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shaB.be liable to amount only for those rents actually received.
<br />21: ,Palace Advances. Upon request of Borrower. Lender, at Lenders option prior to release of this Mortgage, may
<br />make Fnturr Advances to Bormwar, 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 />indebiedtresss secured `oy -`-_ .._~~- .:__,_~:_g _..~_ .a.,,,..,. 'n _--= _,..:rr, rn ..~.,ra.w ;ye _..K. ~dw oft -
<br />rms mvn c, tiro mcwmn a.,..,., ....... _ed !.. Zcgnrdan~r herr...__. ,., r...._.., ' _ his
<br />Mortgage, exceed the original amount of the Note plus USS....ll,$75..Q0....
<br />Z2 Relebr. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage without
<br />- charge to Borrower. Borrower shall pay all costs of recordation, it any.
<br />Ix wlTrzz:ss WxexEOF, Borrower has executed tMs Mortgage.
<br />Michael A, Panaeicz ~- -6orrwYar
<br />.n.~.~,..~,...C~ ... ..............
<br />Patricia M, Panowicz ~ -Rarowar
<br />Sr~re ot= Nrsxtslu.... ......... . ..... ~~ ................... County ss:
<br />(~ , .. _ , _Ilth _ , . , , ,day of . „Januazq, ..... , 1~3..., before me, the undersigned, a Notarry Public
<br />', duly commissioned and qqualified for said county, personalty came$~caael Ay, ggpQp~CZ. aAd. kAtlicia M..Panotriea,
<br />each in hie and. her avn.right and, aa, spouse , of _ each ,other, , , , , , , , , , ,, , , , , , ,,, to me known to be the
<br />identit~l person(s) whose name(s) are sul~critxd to the foregoing instrument and acknowledged the execution
<br />thereofio be.....:ir.....voluntary net and deed.
<br />Witness my hand and notarial seal at... ,Grand Islaud,_ Nebrasl;cca, , , , , , , , , , , , , , , in said county, the
<br />date aforesnid. ~,L ~~jj
<br />My Commission expirea: ~ I ~~! ~.~'fff,/' ~ • ~eLdi!ru(~,f
<br />6HtE#Mt IIOtRRY-Brut of aeMast. N ry Po61ic
<br />F M'DREW W. MtCUMBftt
<br />Acv t:omm. ran. gpr,l 5. t$$d
<br />_~ (Spate 8erw This Lirta Reaanead For letxMr and Ratordar!
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