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<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 Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all
<br />breaches of any other covenants .:>r 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 th... Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof. including. but not limited 10, reasonable attorney's fees; and
<br />(d) Borrower takes such action as Lender may re'!SOnably require to assure that the lien of this Mortgage, Lender's interest
<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, tbis Mortgage and the obligations secured bereby shall remain in full force and effect !IS if
<br />no acceleration bad occurred,
<br />20. Assignment of Rents; Appointment of Receiver; Lender in PosseMion, As additional security hereunder. Boriower
<br />hereby assigns to Lender tbe renlS of the Property, provided that Borrower shall, prior to acceleration under paragrapb IS
<br />hereof or abandonment of the Property. have the right to collect and retain such renlS as they become due and payable.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, hy a~nt 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 coslS of management of the Property and coilection of rents, including, but not limited to. receiver's f_.prenliums;on,',
<br />receiver's bonds and reasonable attorney's fees, and Ihen to the sums secured by this Mortgage. Lenderand,therec:eiver
<br />shall be liable to account only for those rents actually received, ,
<br />21. Future AdVSJlCeS. Upon request of Borrower, Lender, at Lender's option prior to release oftbiS' Mortgage;:may
<br />make Future Advances to Borrower, Such Future Advances, with interest thereon. shall be secured by this Mortgage:~
<br />evidenced by promissory notes slating that said notes are secured herehy, At no time shaJlthepnnci~anlOUIIt:of\tIJe;,
<br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewitb to prOtect tbe, security of,thisi:,
<br />Mortgage, exceed the original amount of the Note plus US$, 5,00.. 0.0 . , , , , . , .,
<br />22. Release. Upon payment of all sums secured by Ihis Mortgage. Lender shall discharge, tbiS, Mortga~,witbnQt
<br />charge to Borrower, Borrower shall pay all costs of recordation. if any.
<br />2]. As long as this Hortqage is held by the Nebraska Investlllent Finance Authority. the L.:mder llay.. ,at
<br />Lender's option. declare all SUIftS secured by this Mortgage to be InDed!ately due and payable if_Borrower
<br />omits or misrepresents a fact in an application for this Mortgage. inCluding. without limitat.ion. anythinq
<br />contained in the Mortgagor's Affidavit and Certification executed by Borrower in conjunction "ith--this- Mort-
<br />giJge.
<br />
<br />IN WITNESS WHEREOF, Borrower has executedothis~~!)rtgagejJ' ~
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<br />COUNTY orlall
<br />
<br />STATE OF NEBRASKA]
<br />1 55.
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<br />The foregOing Lnst~~ent was acknowled ed befor this 13th
<br />October 19~" b Orlynn ,), ~lson anj S'ilrae L'. 01'so"n; . .day of.
<br />. . . . . . y . i1u~bAnd and \l1i.fe Grand Island-
<br />Witness my hand and notarial seal at. ,
<br />
<br />in said County, the date aforesaid.
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<br />Notarr Public r'
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<br />My Commission expires:
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<br />DENISE f(A Y LOWRY
<br />G~NERAL NOr ARY 51".0/ Nebr
<br />y Camtn. Exp. Aug. 25, 1987
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