|
<br />prior to entry of a judgment enforcing this Mortgage ~f: ta) 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 occurted; (b) Borrower cura all
<br />breaches of any other covenants or agreements of Borrower contained in this Mottgage; fc) Borrower pays all reasonable
<br />expemes incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
<br />id) Borrower takes slob action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest
<br />in tha Property artd Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br />payrnmt and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect ac if
<br />no acceleration bad occurred.
<br />20. Asdp'ast of RettAS; Appoietmeut of Receiver, [.ender in Postessioo. As additions! security hereunder, Borrower
<br />hereby assigns to Leer zhe rents of the Property, provided that Harrower 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 pangraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />jttdicially appoimed receiver, shall be entitled to enter upon, take possession of and manage the Property and to coBeM the
<br />rettts of the Property, including those past due. Ail roots 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 fees, premiums on
<br />retxiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shaft be liable to account only far those rents actually received.
<br />21. Future Advuep. 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 />.w.'1 by p.-;-... sn•rj r a :ug th:t ""d ..~ ..... TMs here At nn rime ehall the n__„~ awl ~,,, of
<br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original atnotmt of the Note plus USS. S.OO.e OA .........
<br />2Z. Rekrre. Upon paytnent of all sums secured by this Mortgage. Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />23. Aa long as this Mortgage ie held by the Nebraska Nartgage rinaoce Pond, the fonder may, at Candor's option,
<br />declare all soma secured by Chia Mortgage to be immadlately due and payable Lf Borrower omits or miarepreaents a fact
<br />in an application for this Mortgage, including, without limitation, anything contained in the Mortgagor's Affidavit and
<br />Certification executed Dy Borrower in conjunction with this Mortgage.
<br />IN V/ITNESS WHEREOF, Borrower has executed this Mortgage.
<br />i~ )
<br />.. `~:.l. 1~w...0'...... ~ ~~~/y~/1 .. t .! • ~~~.. -aorrowar
<br />Randall J. Kat)tidan
<br />i
<br />i
<br />~Jer Kathtna -9ortowar
<br />STATfi OF NEBRASKA]
<br />1 SS.
<br />COi1NTY OF HALL J
<br />The foregoing instrument was acknowledged before me this ,19th ,day of. .
<br />January lg 83, by $anda2l J.. Kathman and Jean M• .Kathtaan, htLShaud,and,wi.fe
<br />Witness my stand and notarial seal at. Grand Island _ _ ,
<br />in said Cotmty, the date aforesaid.
<br />~l~w-~MdtWasas ~ ~
<br />osM~wrasr ` .~~-z;~. ~g2.,~ . . .
<br />w~~~~-~ Notary ?ublic
<br />toy Commission expires:
<br />
<br />e,i
<br />v ,' ~ w
<br />w
<br />: ~
<br />:
<br /> ~ ail 7
<br />
<br />
<br />
<br />
<br />~'~ ~r
<br />
<br />
<br />~
<br />!~ t' '`,'
<br />O?
<br />~~ x
<br />
<br />i ,,,
<br />).
<br />_
<br />~~ art ~
<br /> ~
<br />:t
<br />BSI
<br />^:`~-.
<br />,`~
<br />1 J~
<br />
|