Laserfiche WebLink
<br />prior to entry of a judgmen[ enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be thrn due under <br />this Mortgage, the Note and not« securing Future Advances, if any. had no acceleration occurted; (b) Borrower cur« all <br />brcach« of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable <br />expens« incurted by Lender in enforcing the covenants and agreements of Bortower comained in this Mortgage acrd in <br />enforcing Lender's remedies as provided in paragraph 18 hereof. including, bu[ not limited to, reasonable attorney's fe«; and <br />(d) Borrower takes such ac[ion as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interact <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. [his Mortgage and the obligations secured hereby shall remain im fulL force and effect aaif <br />no acceleration had occurred. <br />20. Aselgament of ReMst Appoieterent of Receiver, Lerrder in Paeeeffiion. As additional- security hereunder, Borrower <br />hereby assigns to Lender the rents of the Property, provided that Bortower shall, prior to acceleration under paragrapk 18 <br />hereof or abandonment of the Property, have [he right to collect and re[ain such renu as they become due and---~payabk: <br />Upon acceleration under paragraph I S hereof or abandonment of the Property, Lender, in person; by agent -or 4y <br />judicially appointed receiver, shall be entitled to enter upon, take pose«sion of and manage the Property and-to-collect-the <br />rents of the Property, including those put due. All rents colletted by Lender or the receiver shall baapplied-Bat to~paymant <br />of the costs of management of the Property and collection of rents, including, but not limited to, rexiveds fe«: prcmiums'on - <br />receiver's bonds and reasonable attorney's fe«, and then-to the sums secured by this Mortgage: Lehdet~and~"thr~rcceivar <br />shall be liable to account only for thou rents actually received. <br />21. Fe1urc Advances. Upon requ«t of Bortower, Lender, at Lender's .option prior to rclease• of -thia.:Mortpdtt, ,tray <br />make Future Advanc« to Bortower. Such Future Advanc«, with interest thereon, shall brsaured<by-.thin INoryase wliett <br />evidenced by promissory not« stating that said notes are secured hereby. At no time- shall the prineipab:amount of the <br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to. protect tlitrseeurity of this <br />Mortgage, exceed the original amount of the Note plus USS. 5.0O..OII ......... <br />22. Release. Upon payment of atl sums soured by this Mortgage, Lender shall- dixharge thin Mortgage without <br />charge to Borrower. Borrower shall pay al! costs of recordation, if any. <br />23. As long as this Mortgage is held by the Nebrasta Mortgage Finance_PUnd (or its.-liegaL ^uccusor, Ur Mabraska <br />Investment Finance Authority), the Lender may, at tender's option, declare..all.sums--ssearad-Eby-tni•MOrtgags to w isr- <br />diately due and payable if eerrower omits or micrepreaenta a Eact in an application for; -Ehs Mortgage, including,. rith- <br />out limitation, anything contained in the Mortgagor's Aftidavit and Certification ezocuted-by 8orrowr in con junc[ioo <br />with this Moztgage. <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage, <br />Tic.othy T. T,ma-~ ~~, <br />..........., ....... .............. ..... ~mMalref: <br />STATE OF NEBRASKA] - , <br />1 SS. <br />COfJNTY OF hall ] - ~ - <br />The foregoing instrument was acknowledged-before:-mr-ths -?'~-ttr .day of. <br />. Fehruary ., 19, S4 by Ti~ottly T. 3"yma, . <br />~a single 'persoli Grand Island <br />Witness my hand and notarial seal at, . . <br />in said County, the date aforesaid. <br />tiot:artrblic <br />MY Commission expires: <br />-_ DENISE KAY LOWRY - <br />GENERAL NOTARY Sraraot Nebr. <br />My Comm. Exp. Aug. 25,1997 <br />rn <br />" i w °` <br />y ~._) Ti <br />Cxt d, <br />M <br />rV 2'~ ti <br />t~ i~__ ~R <br />,,;~.~ <br />,_~i `~ a 3 <br />op F=a m <br />w ~~ d <br />Va - i <br />°- v, <br />L, <br />D <br />N <br />-{ <br />-1 <br />~'. <br />'';1.~ ~ <br />