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pritrr to crttry of ~ Ja'tr~,gsnen(' en€orcirtg tl~u~s ldortgage if: 1xU' Borrower p~ay~s l'~rde~e all sumt ~!hi~u vuatxld bu: then ~ €ruder
<br />rhi~ €rfortgnge, tie lal attic potwks ser;uring IP'tu.~ure ~mivan~ues, if any, Toad nay acuc~erar.i~xut. Kucc:urrL^d; l'b°r B~u'nrrower, rttuTes al€
<br />breashitss of slay othetr, covettanta? or ,agre,~rns'ia~ of ~orrrnwer cr:+ritained itp'rls'is l~+l'arirtgage, i(cb 'Barrrrwer pa'„ys all r~rv'psiKr~rabBe
<br />ex'~ens~es'~ irxurr~tf by'~~r in 'ereforci~rr~ filhe~ ~ccvwe~lrszs and agreern+thu ~of Barrowes~ c'siW~d lrr '~thrs ~M'cwrtg~i mt ~~rod 'in.
<br />enforcing LendePs remedies as provided in paragraph ig hereof,inciuding but not limited to.reasanabte attorney's foes: and
<br />!d) ~ .-.:er takss such actian as Lottder trtay reasonably ret}uirc to asttre that the lien o€ this Mtntgage, I.ertders itttsrest
<br />in the Property sad Borrower's obligation to pay the sums secured 6y this Mortgage shall continue unimpaired. Upon sttclt
<br />paymertt and cure by Borrower, this Mortgage and the obligations secured hereby sha#1 remain in full fora and effect as if
<br />rto acceleration had otxurred.
<br />1(;. A~eraent of Rtertny Appointttxnt of Receiver, Lendu ®Tesarion. As additional security hereunder. Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph lg
<br />hereof or abarrdamnent of the Property, have the right tr. caIIect and retain such rents as they become due and payabk_
<br />Upon acceleration under paragraph ig hereof ar a~~ador,...eat of ttx Fro(~rry. Len~r, in person. by agent or by
<br />judiciai'ry appointed receiver, shall be entitled to enter upon. take possession of and manage the Property and to collect the
<br />teats of the Property, including those past due. Ai! rents collected by Lender or the receiver shall be applied fiat to payrnetta
<br />of the costs of management of the Property and coiiection of rents, including, but not limited to, receiver's fees, premiums on
<br />receiver s bonds sad reasonable attoroey's fezs, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall be liable to account Daly for those rents actually received.
<br />11. Ftrture Advances. Upon request of Borrower, Lender, at Lender's option prior to release of t.':is Mortgage, may
<br />make Future Advances to Borrower Such Future Advances. with interest thereon, shall be secured by this Mortgage when
<br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the
<br />indebtedrtess secured by this Mortgage, not including sums advpn~~oin00 ardance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus USS..., ...............
<br />22, Relettse. Upon payatent of all sums secured by this Mortgage, [.ender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay ail costs of recordation, if any.
<br />IN WITNESS WxeaEOF, Borrower has executed this Mortgage.
<br />Gerald W. Mullanix --ecnw.er
<br />Q .~ nn
<br />...... . d-:..~-.~~ ................:. . .. .
<br />Glad s L. Mullanix -Ber*a+n
<br />STATE OF NEBRASKA . ................ HALI+..................... COUnty SS:
<br />t7a this......llttt, , , , , , ,day ofA~ril ..........., 19.79., before me, the undersigned, a Notary Pubfic
<br />duly commissioned and quali5ed for said county, personally came.Geralti W :.Mullanix.and_ Gladys ,L, , . _ _
<br />~t},Ianig, ,husband ,and. wife, ,each, in his ,and her ,own, righppt~~an~d as{ sA9~cttown to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing ic)storument and aecknowledged the execution
<br />thereof to be.... , f~~r.....voluntary act and deed.
<br />Witness my hand and notarial seat at.... ,Grand. Island,, Nebraska,, , , , , , , , , , , , ,in said county, the
<br />date aforesaid.
<br />My Commission expires: ... ~ ....... .. ... _ Y ~~..... .
<br />11 ~tary~Public--t
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