<br />r
<br />
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<br />
<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~ortgage;the Note - and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all
<br />lii'<i'aches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained - in this Mortgage and in
<br />enforcitlgLender's remedies as provided in paragraph 18 hereof, including. but not limited to, reasonable attorney's fees; and
<br />(d)Botrower takes such action as Lender may reasonably require -to assure that the lien of this Mortgage, Lender's interest
<br />inthe.Property and Borrower's obligation to pay ihe sums secured hy this Mortgage shall continue unimpaired. - Upon such
<br />payment and cure by Borrower, this Mortgage and the .obIigations secured hereby shall remain in full force and effect as if
<br />no acceleration bad occurred,
<br />20, AssigDment of Renl5; Appointment of Receiver; Lender 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 18
<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 past 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 fees, premiums on
<br />receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall be liable to account only for those rents actually received, .
<br />21. Future 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 notes 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 Ibis
<br />Mortgage, exceed the original amount of the Note plus US$, 5.0 O,a on , . ' , , . , ..
<br />22. ReIeaeo 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, if any.
<br />23. As long as this Mortgaqe is held by the Nebraska Mortgage Finance Fund. the Lender IIlaY, at Lender's option,
<br />declare all sums secured by this Mortgage to be illlllediately due and payable if Borrower omits or misrepresents' a fact
<br />in an application for this Mortgage, including, without limita.tion, anything contained in the Mortgagor's Affid_vit and
<br />Certification executed by Borrower in conjunction with this Mortga.ge.
<br />
<br />IN WITNESS WHEREOF, Borrower has executedoga~, 1 , 7 _
<br />
<br />".":~~~t.t.,lj"",~""""",
<br />
<br />Randall J. ~an --eorr-
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<br />"...ltl4:~-...v/I, . !:t!Y?:~..,.,...,.,..
<br />II Jean M. Kat -80'_'
<br />
<br />STATE OF NEBRASKA]
<br />] 55.
<br />COUNTY OF ]
<br />
<br />The foregoing instrument was acknowledged before me this . ?5th. . . .day of.
<br />fe.br,uap( . . , 19 ,8~, by . ~djil.l oJ.. l5a~~~ f< .Je.~ ~. . K~~?n.
<br />
<br />Witness my hand and notarial seal at. 0 Griimg. ;I:s,lapd, 0
<br />in said County, the date aforesaid.
<br />
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<br />DMDIMCLlY
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<br />Notary Public
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<br />My C~ssion expires:
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