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82000477
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82000477
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Last modified
3/9/2009 7:54:48 PM
Creation date
2/27/2009 1:14:17 PM
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DEEDS
Inst Number
82000477
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<br />priw• to entry of a judgtnent etafareing this Mortgage iF. (a) Burriwer pays Lander all sums which would bc: then due under <br />this Mortgage. the Kiefer and elates securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all <br />breaches of sny ether covenants or agreements of Borrower contained in this Mortgage; (~; Borrower pays al! reasonable <br />• c-tpensts incurred by I..ender itz enforcing the covenants and agreements of Borrower contained in this Mortgage and ir, <br />enforcing Lender's retnedies as provided in paragraph 1 g hereof, including, but not limited to. reasonable attorney°s fees; and <br />(d) Borrower takes such action as Lender may reasonably require to assure that the Lien of this Mortgage, Lender's interest <br />in tlue Property amt Bortnwer's obligation to pay the sums secured by this Mortgage shall conainue unimpaired. Upon such <br />paytttettt and Herr 6y Borrower, this Mortgage and the obligations secured hereby shat] remain in full force and effect as if <br />no acceleration had occvrt+ed. <br />20. Asslgatneet of'Retna; Ap~poiatmeet 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 ar abandotvnent of the Property. have the right to collect and retain such rents as they became due and payable. <br />Upon acceleration under paragraph 18 hereof or abandonment of the Property. Lender, in person, by agent or by <br />judatiaRy appointed recefver, shall be entitled to enter upon, take possession of and manage the Property and to collect the <br />cents ofahe Property, including thane past due. .Ali rents collected by Lander or the receiver shall be applied first to payment <br />of the itrsts of management of the Property and collection of rents, including, but not limited to. receiver's fees, premiums on <br />ra~eiver'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 amount only far those rents actually received. <br />22.: F'tere Advattfees. Upon request of Barrowcr• Lender ~t Lender's option prior to release df this Mortgage, may <br />make Ff+ture Advances to Borrower. Such Future Advances, with interest therein, shall be secured by this Mortgage when <br />evidentxd by promissory notes staling that said notes are secured hereby. At no time shall the principal amount. of the <br />inde!bteduess secured by this Mortgage, not including sums adv need in accordance herewith to protect the security of this <br />Mottgagrnetti;.ad the original amount of the Note plus USS..~aAQQ-D~ . - - <br />Z~. Reline. Upon payment of all sums secured' by this Mortgage, Lender shall discharge this Mortgage without <br />charge to Borrower. Borrower shall pay alt costs of recarciation, if any. <br />dN WmaESS WHEREOF, Borrower has execrated this Mortgage. <br />KN CONSTRl1CTION, INC. <br />Sy' ' rinetfl~ B~: 'Kriox;~ Pr i dent ~ ~ ~ ~ • ~ ~ ~ • • -eurrower <br />.... .. . .................... <br />aT a ,rage, -.eeretary -ao.r~r <br />STATE OFNEBRASKA ....................... HALL...,...........COI1IIty SS: <br />5th February 19 $? .., befor me the undersigned, a Notary Public <br />On thas .................day of....-....... Kenneth ~. F;nox, President and <br />duly commissioned and qualified for said county, personally came ....................................... . <br />M •. X1,39. $!l9:e.>. 52CK'8~d7'y..Qf . KhtjlX• ~.4NSTRUC7'~.ON:.INC. ................. to me known to be the <br />identical. petsota(sj whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be .. ~11f l C ........ voltantary act and deed. <br />Witness my hand and notarial seal at....... dirand. I53and, .Nebras.ka .. • • • • • • • • .in said county, the <br />date aforesaid <br />My Commission expirrs: ~,: - 3 O - ~--~` _ -"-°~ <br />.C- ..-.~,..: .- ... :........ <br />~~~ NotaryPubliC <br />~It-w--grnel~nntr <br />M1~rtaAwoa#on <br />Mo~s!!wi^raR111r <br />~o~~ <br />~r' _ <br />tSpace BeBOw Tfiis Line Reserved For {ender and RerArder) <br />~ W.~ ~ <br />~ ~ - <br /> <br />4> ~ <br />t ~~ <br />y^ . <br />et+- .. <br />~' <br /> L3 <br />t ~. ice/ J r , C : ~. <br /> <br />.. <br />- z +` i~s'tr Cx <br /> . <br />~ c l ~ ~. ~t ~. <br /> X <br />mp~ <br />w '4y~ s+r? GA &7® <br />
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