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200908525 <br />b. Declare the entire principal balance immediately due and payable, whereupon the <br />principal balance, all accrued interest, advancements for protection of security and <br />interest thereon shall bear interest at the default rate provided in the Note this <br />Mortgage secures from the due date of the installment upon which the default <br />occurred or the date of such other default in performance of covenants hereunder until <br />paid; <br />c. Remedy the default and charge Mortgagors the amount thereof with interest at the default <br />rate provided in the Note this Mortgage secures from the date Mortgagee remedies the <br />default, which amount with interest shall become a debt due from Mortgagors to <br />Mortgagee payable the next succeeding installment date; <br />d. Sue to recover any amounts due from Mortgagors to Mortgagee; <br />e. Foreclose the interest of Mortgagors hereunder; <br />f. Seek any other remedy to which Mortgagee may be entitled at law or equity. <br />15. Notice. <br />Mortgagee shall give Mortgagors written notice of default in payment or breach of any other <br />covenant in this Mortgage, or of exercise of the right of acceleration of maturity as provided <br />herein. Any notice from Mortgagee to Mortgagors shall be given by mailing such notice by <br />certified mail, return receipt requested, addressed to Mortgagors at the address stated herein or at <br />such other address as Martgagors may designate by written notice to Mortgagee. Should <br />Mortgagors have occasion to give notice to Mortgagee, Mortgagors shall give such notice by <br />certified mail, return receipt requested, to Mortgagee's address stated herein or such other <br />address as Mortgagee may designate by written notice to Mortgagors. <br />16. Release. <br />Upon payment of all sums secured by this Mortgage, Mortgagee shall discharge this Mortgage <br />without charge to Mortgagors. Mortgagors shall pay all costs of recording <br />17. Benefit. <br />All rights and remedies reserved to the Mortgagee and all of the obligations herein imposed upon <br />Mortgagors shall be deemed to run with the land and shall be for the benefit of the successors <br />anal assigns of Mortgagee, and shall bind the heirs, personal representatives, successors and <br />assigns of Mortgagors. <br />Mortgagor <br />Mortgagor <br />S'T"ATE OF NEBRASKA ) <br />)ss. <br />COUNTY OF HALL <br />I S'~ <br />The foregoing instrument was acknowledged before me this ~ da of October <br />2009, by Melani~3runs Mortgagor(s). <br />GENERAL NOTARY -State of Nebraska Notar <br />Iq SNAUNA CHFiISTENSE:N y Public <br />~"" My Comm. Exp, May t, 201D <br />Legal Description: Lot 6, Blk 7, Gilbert's 2"d f '"'5trlr, city of Grand island, Hall County, NE <br />