<br />r
<br />
<br />r
<br />
<br />prior to entry of a judgment enforci:tg this Mongage if: ta) Borrower pays Lender an sums which would be then due under
<br />this Mortgage. the Note and notes securing Future Advances. if any. had no acceleration occurred: (b) Borrower cures aU
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; ee) Borrower pays all reasonable
<br />expenses 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 here'of. including, but not limited to, reasonable attorney~s fees; and
<br />(d) Borrower takes such action a5 Lender- may re~sonably require t6 assure that the lien of this Mortg-age. 'Lendet""s :j"ntet~
<br />in the Property arid Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpali'ed: - Upon such
<br />payment and cure by Borrower. this Mortgage and the obliga'ions secured hereby shall remain in full force. and effect as if
<br />no acceleration had occurred.
<br />28. AssIgnment of Rents; Appoilllment of Receiver. te_ In P.......ion. As additional security hereunder, Bor1'6wer
<br />hereby assigns to tender the rents of ,he Property. provided 'hat Borrower shall. prior to acceleration under paragrapb18
<br />hereof-or abandonment of the Property. have the right to collect and retain such rents as they become due and payabte-~
<br />Upon acceleration under paragraph 18 hereof or abandonment of 'he 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. in-c1uding 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", bonds and reasonable anomey's fees. and then to the sums secured by- this Mortgage. lender and the receiver
<br />shalt be liable to account only for those rents actually received.
<br />2t. Fulore Ad.......... Upon request of Borrower. Lender. at Lender's option prior to relea", of this Mortgage. may
<br />make Future Advances to Borrower. Such Fmure Advances. with interest thereon, shall be ~cured 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 (his Mortgage. not mcluding sums advanced in accordance herewith to protect the -security of this
<br />Mortgage, exceed the original amount of the Nor. plus USS. 5.00..0.0.....,...
<br />%%.- Release. Upon payment of aU sums secured by thil1i Mortgage. Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordarion. if any.
<br />23. AM long <'.1>1- thls Mortgage_ is held by th~l Nebra&kd Mort<,_la9oJ f'ln.ance Fund (or its legal su<:cessor, the Nebraska
<br />In....eiH.wont. f'inallc(i Authontyl. the l..ender may, ,3t ,(.,~1flder's option, declare all sums secured by this Mortgage to be imme-
<br />Ji-iitely due iind payabl() if fior;cow~l" OmitS or 1111-:>-n<pct!sents a fact H. an application for this Mort.gage, including, with-
<br />out lin:u.t.atlon, i:nyth:..ng cc>r>tiilncd lrl thi: Mor"t."""10r'", Affidavit and C,,,rtificotion executed by BorrDwer in conjunction
<br />..-ill< thl:!> Mortga':lc_
<br />
<br />TN WITNESS WlJEREOF. Borrower has c~eculed this Mortgage.
<br />
<br />....i .Cl//f~~.. ./1.'"
<br />Larry R. !fo~gland
<br />.~4:v::.v:'! .fl,. V:~~~J).....,........
<br />
<br />r lorence 1. Hoagland . ~J - . ~ . -Borrow.
<br />
<br />.~........" .
<br />
<br />-Borrower
<br />
<br />STATE OF NEBRASKA]
<br />] 55,
<br />COUNTY OF HALL ]
<br />
<br />The foregoing Lnstrument was aCKnowledged ~efore me th~5 J7th d f
<br />.~~Pteijlb~r. , . ., 19 .B~, oy . ;-A}'lF\Y,f<, f,j(J~G~A!~D. I\.Nq f, LqR~N~E. 'y.: .H'qA~L~N9' ~ h~s?a~~
<br />and wlf;itness my
<br />
<br />in said County t
<br />
<br />hand and notarlal seal at. . , . ~ G.rarid lsla~d., Ne.br.as.ka ~ . . . . . I
<br />the date aforesaid.
<br />
<br />.~~~ ~t::/0.
<br />
<br />Notary Public
<br />
<br />My COllllaission expires, II'';; )ii .:3,
<br />
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