|
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender alt 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 />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (cl Borrower pays all reasonable
<br />expenses itreurred by Lender in enforcing the covenants and agreerents of Borrower contained in this Mortgage and in
<br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and
<br />(d) Borrower takes such action as Lender may reasonably cequire to assure that the lien o[ this Mortgage, Lender's interest
<br />in the Property and Borrower s obligation to pay the sums secured by this Mortgage shat) continue unimpaired. Upon such
<br />payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
<br />no acceleration had occurred.
<br />20. Aeaigntttent of Rents; Appointment of Receiver, Lender in Possession. As additional 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 rents as they become due and payable.
<br />Upnn acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in 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 Prgperty, including those past due. All rents collected by Lender or the receiver shall be applied first to payment
<br />of the casts of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums an
<br />receiver's bands and reasonable attorney's foes, 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 />21. Eryttnre Advances. 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, 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 />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 US$... 3,FjQ0.,QQ. , , , ,.
<br />Z2. 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 />fN WITNESS WrrEItEOF, Borrower has executed this Mortgage.
<br />-- ' ~ _ _
<br />Robert A. Lange -eer~owar
<br />Virginia Lan ge --9arrower
<br />SPATE oFI~IEBRASxA ............. HALL........................ .Countyss:
<br />(~ this • .. • . • 2 I st• • . _ . • .day of.: •J une, , , , , , , , , „ 19.79.., before me, the undersigned, a Notary Public
<br />duly comtnissioned and gitalised for said county, personally cameEdaBERT..A.. LANCE •AND• Va RGI•td FA • E~ • iflN(iE,
<br />husband and wife .......................................................to me known to be the
<br />...................
<br />identitxd person(s) whose name{s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be... he 1 r . • , _ , , , .voluntary acr and deed.
<br />Witness my hand and notarial seal at........ G,rdnd . l sJ anal, .Neb rashes ..........in said county, the
<br />date aforesaid.
<br />My Commission expires: ~ ~ ~ C - ~/
<br />Sy~ry Pu61iC
<br />tl~•~aAM~
<br /> (Space Below This Lines ReservaC for LenEer ono RecorGar) - -
<br />
<br />[,t
<br />
<br />w
<br />Z ~ 1
<br />~' ~ ~ N '
<br />~
<br /> q
<br />q
<br />
<br />~r ~ ~`
<br />~-
<br />~ ~ ~ ~ w
<br />~ W
<br />l
<br />Z.
<br />:
<br />~~a~ ~-~ illy-- ~
<br />p -
<br />~~ ~ 4
<br />- - ~ ~ Q
<br /> ~ 4. ..,.
<br />
<br />r
<br />ttr
<br />t
<br />t i-- ~ ~
<br />~ 4
<br /> i
<br />- O Cif
<br />~
<br />,
<br /> ...+~
<br />1,`.v r
<br /> t. END'`
<br />
|