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79002755
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79002755
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Last modified
1/12/2010 11:01:43 PM
Creation date
1/12/2010 11:01:30 PM
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DEEDS
Inst Number
79002755
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<br />pri[rr ro entry of a. !j!udgmont en„foxigg t}Nis Martgagr if_ (al Borrower paym Cinder all sums wlkp~ch wouk'f lx then dote 'undt•r <br />this Morcgs,ge, the Ilsfote and n;t;es secuttng Future Advancer. if any.' had no acceleration occurred: 1!b) Borrower cures al'i <br />!breaehes of any other covenants or agreements of Borrower con[aitte!d in this Mortgage: Vc3 Burrower pays aft reasonable <br />expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in <br />enforcing Lender`s remedies as provided in paragraph t8 hereof, including, bu; not timsted to, reaswtabfe attorney's fees; and <br />(d} Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lenders interest <br />in the Property and Borrower's obligation to pay [he sums secured by this Mortgage shall continue unimpaired. Upon such <br />payment and cure by Borrower, this Mortgage and the obligations secured hereby shalt remain in full force and tffect as if <br />no acceleration had occurred. <br />2t1. Asse<emeat of Reins; Appoinftnent of Receiver; Lender irs Possession As additional security hereunder, Borrower <br />hereby assigns to Lender the rents of ttte Property, provided that Borrower shalt, prior to acceleration under paragraph I8 <br />hereof or abandonment of the Property. have the right to collect and retain such rents as they become due and payable. <br />Upon a:.celera;ion under paragraph 18 hereof or abandonment of the Property, Lender. in person, by agent or by <br />judicially appointed receiver, shalt be entitled to enter upon, take possession of and r..anage 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 collection 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 />22. Fatnre Advances. Upon request of Borrower, Lender, at Lender's option prior tc release of this 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 ;hat said notes are secured hereby. nt ne ts~ shall the principal amount of the <br />indebtedtress 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 US$...37,5.~O.OII ..... <br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without <br />chazge to Borrower. Borrower shall pay all costs of recordation, if any. <br />IN WTTHESS WHEREOF, Borrower has executed this Mortgage. <br />William L. Fow i es ~(/p~~ -borrows. <br />Kath en C. Fowles -HOrmwer <br />STATE OF NEBRASKA . ............ . fiQ ~i, ........... - ............ COUn[y SS: <br />On this.........~th.....day of... MaY..........., 19.71., before me, the undersigned, a Notary Public <br />dulyy~~~commissioned and qualified for said county, personalty came..W l LLJ AM .L.. EOWLES..AND. I~A~H-LE•EN -E. <br />FOWI~S~u husband,and wife ................................................. to me knawnto be the <br />identical person(s) whose name(s) are subscribed to the foregaing instrument and acknowledged the execution <br />thereof' to be.........' ~!? i. ~..vaiuntazy act and deed. <br />Witness my hand and notarial seal at.. ~rar>d. lsJaftd, .NebrasJca ................in said county, the <br />date aforesaid. <br />Public <br />~ E~fNHDTAJtY stnemeetlraw <br />~ n\ <br />C <br />(Specs Below Thia Lina Reserve0 For Lentler entl Recordaq <br /> <br /> ~ -' <br /> <br /> C. <br />v t;1J ~r ~ ~ ;~' ~' <br /> <br />_~ ~. <br />~ A ~ <br />i'-- L~ <br />O <br />fp m -. ~ ~ 4. <br />~ <br />Q ;`~ ~o, _ <br />f". ~- <br />1 <br />~ c.~ co z ~ - <br />~ ., " <br />:~ <br />c <br />w ~ <br />F, o Q.: ..4~ <br /> u; c. r--- <br />My f;ommissiou expires: jp - ~ O - ~' ~ <br />... rY <br /> <br />
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