|
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
<br />this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; {b} Borrower cures all
<br />bceachr of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays ail reascnable
<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 i 8 hereof, including, buz not limited to, reasonable zUOrtzey's fees; and
<br />{d} Borrower takes such action as Lender may reasonably require to assure that the lien 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 />pay;nent and cure by Borrower, this Mortgage anu zhe obligations secured hereby shalt remain in full force and effect as if
<br />no acceleration had occurred.
<br />20. Aadgnntent of Rests; Appointment of Receiver,, Lender ]n Pttssescion. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior Yo acceleration under paragraph l8
<br />hereof or abandonment of the Property, have the right to collect and retain such rents as they become dye and payable.
<br />Upon acceleration under paragraph 28 hereof ar abandonment of the Property, Lender, in person, by agent ar by
<br />lodieially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the
<br />rents of the Prapetty, including those pace due. AtI rents collected by bender or the receiver shall be applied first to payment
<br />of fire casts of management of the Property and collection of rents, including, bvt not limited to, receiver's fees, premiums on
<br />receiver's bonds and reasonable attorney's frxs, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall be liable to account only for [hose rents actually received.
<br />2Z. Fntare Advances. Upon request of Borrower, Lender, at tender's option prior to release of this Mortgage, may
<br />make Fuiure Advances to Borrower. Such Future Advances, with interest thereon, shall be secured 6y this Mortgage when
<br />evidenced by promissory notes stating that said notes are secured Fereb}•. At no time shall the principal amount of [he
<br />indebtedness secured by this Mortgage, not including sums advapced in accordance herewith to prated the security of this
<br />Mortgage, exceed the original amount of the Note plus US$..I, {x500, 00, . _ , , „
<br />22. Release. Upon payment of all sums secured by this Mertgage, Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />Ix WrrrrESS WHEREOF, Borrower has executed this Mortgagee
<br />M(c15~1 L:`NeLber-t`~ r -eo,.owe,
<br />t.L; ; 7
<br />.i~ .1 ...............................
<br />Brenda J . tdeub 1- -eo.raw~.
<br />STATE OF PiEBRASxA . ............ . .HALL . _ .................. , , , County SS:
<br />t;~ this....... i.5tb......day of.... ~.4r16........, 1979.., before me, the undersigned, a Notary Public
<br />duly commissioned and gttalih±'d for said county, personally cantd~lCHAEI-, .l..NEUBERT..ANQ. BRENl]A .J.. NEllBEf2T,
<br />hus_6and ,and wife ...................................... Eo me mown to be the
<br />identical person(s) whose name(s) are subscribed to the fomgoing instrument and acknowledged the execution
<br />thereof to be.... , tfie i, r, , , , ,voluntary act and deed.
<br />Witness my hand and notarial seal at.......6t ~p~..l~ 1d4s1,. N.eb.ra5ka............in said county, the
<br />date aforesaid.
<br />My Commission expires: ,~-3 v - ~/
<br />l ;~t~~~3~ ~~NoLry Publie
<br />t#+tRRY 3ANOSTROM
<br />O®itt. Fap, June 3Q 1981 -
<br />(Space Below This tine Reserved Por lender end Recofder)
<br />K
<br />2 ~ ~ .
<br /> 3V ~
<br />
<br /> (4 a
<br /> ,,, ~•
<br />ti
<br />c
<br />~
<br />oo
<br />--
<br />~ + tL
<br />,' o
<br />.~ ~
<br />a t,=
<br />Q1
<br />
<br />r-
<br />-y r
<br />a t~+'+~
<br />~ ~
<br />a Lj R: ~ ~~
<br />~
<br />.7
<br />_
<br />~
<br /> wv ~
<br />w
<br />Return iioms fadera~
<br />p.0. Box ]009
<br />i.csen ¢ - -_r.
<br />
|