|
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender a)I sums which would be then due under
<br />this Mortgage, the Note and notes securing Future Advances, if any, had no acceleratiors occurred; (b) Borrower cures ail
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br />expellees incurred by Lender in enforcing the covenants and agreements of $orrower contained is this Mortgage and in
<br />enforcing Lender's remedks as provided in paragraph t8 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 Tien of this Mortgage, Lender's interest
<br />in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
<br />payment lend cure by Borrower, this Mortgage and the obligations secured hereby shall remain in fui3 force and effect as if
<br />no acceleration had occurred.
<br />Zt1. Assignment of Reins; Appofntment of Receiver, Lender is Possession. As additions! 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 or abandonment of the Property. have the right to collect and retain such tents as they become due and payable.
<br />Upon aceekration under paragraph 18 hereof or abandonment of the Property, Lender, in perwn, 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. Ali rents collected by Lender or ins receiver shah be applied first to payment
<br />of the oostc 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 io account only for thore rents actually received.
<br />2i. Perrino Advances. Upon request of Borrower, Lender, at Lenders option prior to release of this Mortgage, may
<br />make Future Advances to Borrower- -Such Future Advances, with ioterese thereon. shah be secured by this Mortgage when
<br />evidenced by promissory notes stating than said notes are secured hereby. At no time shall the principal amount of the
<br />-mdebtedrtess secured by this Mortgage, not including sums adv e a rdance herewith to protect the security of this
<br />btortgage, eatxed the original amount of the Note plus USS..~~x~.~~..•S~... • ••
<br />22. Release. Upon payment of all sums second by this Mortgage. Lender shalt discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay atl costs of recordation, if any.
<br />IN WtTNF.SS Wx>;Reos, Borrower has executed this Mo~ . ~,~ l''~
<br />°~ ..~ ` ~'
<br />~rence E. Loam ni g ~ -eonowK
<br />. n
<br />t~nda J. Leaml~ -8orro.R.
<br />S`fATE OF NE$RASPJl,........... HALL ...... . . . . . . . ....... . . . . . .Coanty ss:
<br />nrt this..... 23rd .......day of. , .. ~Y.........., 19.?g., before me, the undersi , a Notary Public
<br />dsdy and quali5ed for said county, personally came LORENC£, E._ .LEAMI NG. RF1D . L i NDA, J,.. ,[ EAMI NG,
<br />husband. and w i #e, ................ to me mown to be the
<br />.........................................
<br />idmttieal person(s) whose, name(s) are snbscn'bed to the foregoing instrument and acknowledged tbe txectttion
<br />thereof ifl be... , ... ~BIC voluntary act and deed.
<br />Witness my hand aad notarial seal at.... Grand . I s 1 and, .NE.... 6880 i ... „ . , „ „in said aunty, the
<br />dam .
<br />RIGic
<br />tf` +t~~t~
<br />~<;tiat. tl~. ttiwt!>k trll
<br />~~_ {5'Wee 4Nar, iA+s lane Rtse++ied for tender sad Rewrtlar)
<br />~`~. _
<br />S .~
<br />~
<br />V/ ~
<br />G
<br /> 3w
<br /><r a
<br />~' "a t3.. ~
<br />~ w
<br />g
<br />
<br />~ ~ S4J f3
<br />~
<br />~
<br />j1
<br />'fi m ac
<br />~` "~ ~
<br />c
<br />~ o Q: ~ ~ o-
<br />
<br />
|