|
prior to entry of a judgment enforcing this Mortgage if: (a) Borrower days 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 />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borzower pays all reasonable
<br />expenses incurrtd by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br />e-~forcing Lender's remedies as provided in paragraph IS 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 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 />payment and cure by Borrower, this Mortgage and th:. obligations secured hereby shall remain in full force and effect as if
<br />no acceleration had occurnd.
<br />Z0. Assignment of Rents; Appointment of Receivew, hender is 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 />Upon acceleration under paragraph t8 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 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 fens, 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 />shat! be liable to account only for those rents actually-received.
<br />21. Future A:vances. 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 securiry of this
<br />Mortgage, exceed the original amount of the Note plus USS... 1A,950..A0.....
<br />22. Release. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />IN WITNESS WHEREOF, Borzower has executed this Mortgage. /J/
<br />~~'~ ~~---J /1
<br />David (~sJn j ,\J -Bo,rower
<br />Deborah A. OI son -eo.mwe.
<br />-STATE OF NEBRASKA .. ...... .........HALE - ...... .000nty SS:
<br />..................
<br />On tltis.....25P~........day of... , ~ one, . _ , . , , , _ 19. ~9 , before me, the undersigned, a Notary Pnbiic
<br />daty commissioned and qualiSed for said "county, personally came. DAVID _OLSDN. FWD ,[~BRDNi At , Q)_$Oj~,, , ,
<br />husband and wife ,,,,,,,,,,,,,,,,,,,,tomeknawntobethe
<br />identical pelson(sj_ whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be . the 1, r .........voluntary act and deed.
<br />Witness my hand and notarial seal at..... , ~rnd . (s I and,,. Nebraska , . , , . , , _ , , , ,in said county, the
<br />date aforesaid.
<br />My Commission expires: 6- ~ ~ "
<br />ry Putelfc .
<br />~Ex -Fins 39, tai
<br />fSPaa litbw This Line Resarvatl For Lancer antl Rsco+aert
<br /> S€133a .ip ~~3~
<br />x c '`
<br />x
<br />,.., s
<br /> 5b £ lid S l ~!1C fit.
<br /> ~ 3l~fl'. ~D Aj.Niit)3
<br /> SS
<br />{tl~Stik38::lti 34 31`F~3
<br />
<br /> "'~'tearrautttN
<br /> --~-ea>ue,~
<br />'""~°'t°3ti~D
<br />
<br />
<br />___-r ,ter ,
<br />
|