<br />
<br />
<br />r
<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 />rhisMortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower curos all
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (e) Borrower pays all reasonable
<br />expenaes:'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; aDd
<br />(dl'Borrowert;lkes such action... Lender may re~sonably require to assure that the lieD of this Mortgage; Lender'si.nterest
<br />in the Property and Borrower's obligation ro pay the;sumneeured by this Mortgage shall continueunimpaired;Uponsl\Ch
<br />paymentatidcure'by .Borrower, this Mortgage and the obligations secured hereby sball remain in full force aod'efreet,...if
<br />nO;8Cteleraoon.had'occulTed.
<br />2O.~e!'toIReDt5;Appoinlment 01 Receiver; Lender in Possession. As additional security hereunder,Borrower
<br />hereby. assigns to Lendenhe rents .f,the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<br />hereof;orabilndonment oflhe Property, have the right to collect and retain such rents as they become'due and paylible.;
<br />Upon acceleration under paragraph 18 hereol or abandonment of the Property, Lender, in person, by ageDt'or'br
<br />judicillllyappointedreceiver, shail be entitled to enter upon, rake possession of and;managethe Property.and,to collect the'
<br />renKohhe 'Property, including those past due, All rents collected by Lender orrhereceivershall be applied. first to payment
<br />of th~ costs of management of the Property and caneetion of rents, including,- but not limited to. receiver's feeS;-'premiums-on
<br />re:ce:iver!s :b(>nds: and reasonable attorney's fees. and, then to the sums secured by this Mortgage. Lender and the-' receiver
<br />shaUbe'liable to account only for those rents actually received.
<br />21. . Future Adva...... Upon. request of Borrower, Lender. at Lender's option prior. to release' of this Mortgage, may
<br />makef:utureAdvances to Borrower, Such Future Advances; with interest thereon, shall be secured by this Martgagewhen
<br />evidenced by promissory' notes stating ,-that said notes are secured hereby. At no time shaH the pr.:incipaLamount -of,-the
<br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security- of -this
<br />Mortgage, exceed the original amount of the Note plus USS, 5.00,. on. . . . . . . ..
<br />22, ReIetISeo. UpOn payment of all sums secured by this Mortgage, Lender shall discharge this. Mortgage. without
<br />charge to-~.orrower.- Borrower shall pay all costs of recordation. if any.
<br />23. As long as this Mortgage is held by the Nebraska Mortgage Finance-Fund (or its- legal successor,;- the Nebraska
<br />Investment Finance Authority). the Lender may I at Lender' s_ option, declare all sums secured_ by this, Mortgage' -to be imme-
<br />diately _due and payable if Borrower omits or misrepresents a fact in an application for_ this -Mortgage. including, with-
<br />out limitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower in_ conjuncti-on
<br />with this Mortgage.
<br />
<br />rw_w~uo" _"U,~~::;;~...". .."....,..".,
<br />
<br />
<br />Scott A. Nissen 'c~_Bo--.r
<br />::I '
<br />.~s:~.'::t.).. . , ...................
<br />i~~.Ni;;~~\ -Bwroww
<br />
<br />5TATE OFNE8RA5KA]
<br />] 55.
<br />CoUNTY OF HALL ]
<br />
<br />The .foregoing i~strument was acknowledged before me this 30th d
<br />,NQveml;le:r . . . ., 19.8~, by . S!=O,T~ A. NISSEN AND JODY L.. N~S~t~.,. hustia~a ~~d wiTe'
<br />
<br />Witness my hand and notarial seal at. .GFa~~ ~s~a~d! ~e?r~s~~
<br />in said County, the date aforesaid.
<br />
<br />",y
<br />
<br />
<br />~,ct~
<br />
<br />Notary Public
<br />
<br />~\<..\.
<br />;c<,-'-~
<br />Pl
<br />C) '\~
<br />
<br />~
<br /><=
<br />....,
<br />c,..,
<br />.....
<br />...,
<br />....,
<br />=
<br />
<br />("") r.....,
<br />El'~ Q)a
<br />:"::l m CIJ!t
<br />,~~ I""g;>g> I It
<br />;~ ;~~J ~ i dJ.
<br />~g I~hl"-.~.. . '~.~
<br />". "" 1\.)3
<br />--.~ I. cn!1l
<br />U>-
<br />en <flZ
<br />p
<br />
<br />o
<br />~,
<br />
<br />" ,
<br />m (~"'\
<br />6 {l \J
<br />
<br />U>t
<br />
<br />-0
<br />=
<br />-+='
<br />
<br /><N
<br />U!I,
<br />
<br />i\
<br />-'~\J
<br />~
<br />
|