|
prior tcs entry of a judgment enforcing this Mortgage if: {al Borrower pays Lender all sums which would be then dtte under
<br />,this Mortgage, the Note and notes securing Future Advances, if any, had ao acceleration occurred; {b) Borrower cures all
<br />breaches of any ether covenants or agreements of Bortrnver contained in this Mortgage; tc) Borrower pay, all reasonable
<br />' expenses iacurrecl by 'Lender in enfomcing 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 nM limited to, reasonable auarney's fees; and
<br />(d) Borre~r takes a.t,^.h actior. as Lender m=y reasonably require to assure that the lien of this Mortgage. Lender's interest
<br />in the Property and Borrower's obligation to pay the slims secured by this Mortgage shalt continue unimpaired. Upon each
<br />payment and care by Borrower, this Mortgage and the obligations secured hereby shall remain in fait force and effect as if
<br />no acceleration had occurred.
<br />2@. Astagriment of Reats; Appointment of Receiver, Lender in Posse~ia®. As additional security hereunder, Borrower
<br />hereby assigns to Leader the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<br />hereof or abandortn;ent of the Property, have the right to collect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph 18 hereof or abaadonrnent of the Property, Lender,ia 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, including 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 coilec_tion of rents, including, but not limited to. receiver s fees, premiums on
<br />receiver'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 account only for those rents actually received.
<br />Tl. Fatare Aelvtttscts. Upon request of Borrower, Lender, at Lender's option prior to release of this Mortgage, may
<br />make Future Advances to Borrower. Such Future Advances, with interest thereon, shalt be secured by this Mortgage when
<br />evidenced by promis~wry ntrier3 siatir,g that saiu' notes ere scuiire.i hereby. Ai no iirtiz shall the ;:rircipal amount 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..6,222.50........
<br />ZZ. Rekaae. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage wi*bout
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />IN WITNESS WHEREOF, Borrower has executed this Mortgage.
<br />P Smith ~OfO'N°r
<br />.... ~ :~:-~:-r :.. ~''~....-r: ........ .
<br />Joan~m i th -BOr"DWef
<br />~"'c-i,~
<br />Gins
<br />$TATE OF NEBRASKA,........... HALL ..........................COllilty SS:
<br />~ ~ ~ th day of „ 199 before me, the undersigned, a Notary Public
<br />~~~... .
<br />....
<br />duly commissioned and qualified for said county, personally came. JAN~~ .P.. SM1 TH .AND. JOAN. NI..SN11?K,.. .
<br />husb.~rltl.and, w i,f,? ... . . . .................................................... to the known to be the
<br />identical arson(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be . , the i, r , , , , , , , .voluntary act and deed.
<br />Witness my hand and notarial seal at...........PZrdRd. 1 S1.and, .Neb1-r3ska ........in said county, the
<br />date aforesaid.
<br />My t:ornmissior. ezgires: f~ ~~~? ` ~ \\
<br />_ .... ~`.l. .~ta rumio ... ................ .
<br />• .gttYaiMtik. ~~ ~`~ :.
<br />t!l
<br />~~
<br />(Span 9e1ow 78is Line Reserved FOr Lender and ReCnrder)
<br />! ~ r
<br />t.J")
<br />} : ~~
<br />~
<br />
<br /> Y ~ G'•
<br />
<br />t~
<br />C
<br />•.
<br />~ - 1::
<br />t
<br /> ~
<br />~ _
<br />kr
<br />~
<br /> ~ j ~"-
<br />L
<br /> .
<br />~~
<br />~
<br />~
<br /> tr
<br /> tL'
<br />-~ `
<br />- ~
<br /> r/t~
<br />.wit M.
<br />~~
<br />~ -.aLi
<br />s
<br />Q k; -
<br />t
<br />~~,t
<br />. - rJ
<br />_ 4
<br />- r
<br />.._. t•-- _
<br />e. ~3
<br /> ut
<br />n .
<br />
|