<br />prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
<br />[his 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 agreemenzs of Borrower contained in this Mortgage: (c} Borrower pays all reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreements of Borrower comained in this Mortgage and in
<br />enforcing Lender's remedies as provided in psragraph 18 hereof, including, but nat limited to, reasonable attcrrey'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 ttus Mortgage shall 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 />na acceleration had occurred.
<br />20. Asignment of Rents; Appoiotmmt of Receiver, Lender in PassessioR. As additional security hereunder, Borrower
<br />hereby assigns to Leader the retzts of the Property, provided that Borrower shill, prior to acceleration under paragraph 18
<br />he, of or sbandonmem of the Praperty, have the right to collect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph Ig hereof ar abandonment of the Property, Lender, in persan, by agent or by
<br />judicial{y appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to called the
<br />rents of the Property, including those past due. AH rents collected by Lender ar 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 />21. Future Advances. Upon request of Borrower, Lender, at Lender's option prier 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 nates staring that said notes are secured hereby, At no time shall the principal amount of the
<br />indebtedttess secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of [he Note plus USS..2,1`.QQ.4.Q .......
<br />22, Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage without
<br />charge to Borrower Borrower shalt pay all costs of recordation, if any.
<br />IN WITNESS WHEREOF, $orrrwer has exe led this Iy~Ottgag~e. ~
<br />~~.
<br />.. ,.P...... .......... .........
<br />W. Sane ........ -e«~rer
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<br />~..r .. ... .. ............
<br />Phyll` M. Spanel -eonower
<br />STATE o~ NESxesru ................HALL.......................County ss:
<br />Qn ~, , , , , , 29th, , , , , , ,may of, ,_ ,June, , , , , , _ _ _, 1974.., before me, the undersigned, a Notary Public
<br />drily commissioned and qualified for said county, personally came..~.BERT.W., SPAI+IEL,ANQ, Pl-jYlrEr($, (~.. SPQNEL
<br />husband. and. w i,fe .., to me known to be the
<br />.......................................................
<br />identical person(s) whose•Ittune(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />ther~f to be...... tfie i r„ , ..voluntary act and deed.
<br />Witness my hand and notarial seal at...... Grand, 1 s land,, ,Nebraska , , , , , , , , , , , ,in said county, the
<br />date aforesaid.
<br />My Commission expires:
<br />Notary Public
<br />tt•7CIb ~'tilM.
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