|
prior to entry of a judgment enforcing this Mortgage if: {a} Harrower pays Lender alt sums which would be then due under
<br />this Mortgage, the Note aad notes securing Futtare Advances, if any, had na acceleration <sccurred; (b} B<srrawer cures all
<br />breaches of any ether cowenants or agreements of Borrower contained in ttm,is Mortgage; (c} Borrower pays a]i reasonable
<br />experises incurred bq 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 S hereof, including, but not limited to, reasonable attorney's fees; and
<br />{d) $orrower takes sucfi action as Lender may reasonably require to assure that ttt_ 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 curt: by Barrower, this Mortgage and rite obligations secured hereby shall remain in full force and effect as if
<br />no acceleration had occurred.
<br />20. A~nrrxnt of lteata; Appai®itttent of Receiver, Lemkr is P4s5e33ian. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property. provided that Borrower shad, 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 18 hereof or abandonment of the Property, Lender, in person, by agent of by
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the
<br />rents o€ the Property, including those past due. All rents collected by Lender or the receiver shall be applied fig[ to payment
<br />of the casts 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 th^ sums secured by this Mortgage. Lender and the receiver
<br />shall be liable tc account only for those rents actually received.
<br />2fl. Future Advanns. Upon request of Barrawer, 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 oaten stating chat said notes are secured hereby. At nu time shall the principal amount of the
<br />indebtedness secured by [his Mortgage, not including sums advapged~4flaccoTdance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus USS...11.11.x ............
<br />22. Itt:kase. 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, Borrower has executed~jthiswfMC/o/~~r]tyg/a/jg~e. ,~
<br />Michael Galvan~ /
<br />i~~ -,r ~ 1~t /
<br />fiTATE of NEBRASt{A . ............ .~Y ~ .........................County ss:
<br />Orr this...... 9th .......day of....~8ust, • . _ _ . , t9. 79., before me, the undersigned, a Notary Public
<br />duly eomrttissioned and qualified for said county, personalsp came . MICIiASI.. ~r . C~lILV~I,N .AND. Y~. ~,... .
<br />• . • •VAtdr hushan$ s d-~ife each in his • and, her _o?~ta, xigh~ .$ncI• as, spo}r~~ known fa be the
<br />o~ the oEhcr••••••••
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be, .. their , , , • ,voluntary act and deed.
<br />Witness my hand and notarial seal at ............ . Grand, Island,, Nebr~aka, , , ..in said rnunty, the
<br />date aforesaid.
<br />M_Y ['AIItn'tission expires: April 5, 198fl ~~~~t~
<br />[--.~..~..e....____. Nary PuDiic
<br />#itt fBYd • cu ,_
<br />V Wt. MaCUhsuG <-
<br />~.~~a, t
<br />\ ~._\
<br />~I ~~~
<br />(Space 9abw This l.ina Rasarvsd for 4endtr utd Recorder)
<br />
<br /> ~ ~
<br />~ M
<br /> _ _
<br />~ ~
<br />
<br />v
<br />~~
<br />' J
<br />try
<br />W
<br />~
<br />O LR Q _
<br />
<br />~y _ ~ ~
<br />-_ m ~_ iL 4.+
<br />+E.? }..
<br />Cw ~
<br />` W
<br />~ W
<br />G .~ F t
<br />.`3 e.. 9
<br />
<br />~
<br />~iv
<br />LiJ ~ ~*'
<br />tFt U Q')
<br />,v `'
<br />~
<br />tY
<br />t~ x
<br />.r
<br />o
<br />Z
<br />
|