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priagr to enact' of a jsedjgment enfiorcing this ~tartgage if: (al Bc~~co~°zr pays. I.end;rr all a;urtts whia:h wau7ti b;e ¢Irean dine under
<br />thi~~s?MiorCig~~ag?.'ihe 1~ote ~a~nd no;4~ ~cttunng Prolate Advatrc,e~s, if any, had ~~no ~ac~~c~tera~tfian rrccamrcd,; lb} Barrotau~er cuitreus ail
<br />'crre,as:hesl~af any other cavenanta or ;~grecmcots of F~orraw~r ronia"rued :n th'ir~ litpznrcgage; Ca:i Borrower' pays al',i xeasa3tsable
<br />eicpettses 'incurred lry Ladder in enforcing rite covenants and agreements of 13o:7oweT contained in ibis Mortgage and in
<br />erforcirg Lender's remedies as provided ir. paragraph 18 hereof, including, but not limited ta, reasonab:e attorney's fees: and
<br />{d} Borrower takes such action as Lender may rcasnnably require to assure that the lien of this ?mortgage, Letttler's ingest
<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 the obligations secured "Hereby shall remain in full force and effect as if
<br />no acceleration had occurred.
<br />20, Assignment of Rents; Appolnttncnt of Receiver. Lender is Posse>~ioa. As additionat security hereunder, Borrower
<br />hereby assigns to Lender [he rents of the Property, provided that Borrower shalt, erior 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 ig 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. AH :ants collected by Lender ar the receiver shall 6e applied fiat 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 />shalt be liable to account only for those rents actually received.
<br />21. Fotntr 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. P,t 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 />Mortgag_, exceed the original amount of the Note plus USS...i.L,000,QO......
<br />22. Retetese. Upon payment of all sums secured by this Mortgage, Lender shall discharge [his Mortgage without
<br />charge to Borrower. Borrower shall pay' all costs of recordation, if any.
<br />IN WITNESS WHEREOF, Borrower has executed this Mortgage.
<br />.......
<br />U9en ~' _ S h' r~ ... ......... -eCrrvwv
<br />Jo n S. Short -Borrower
<br />STlcTE OF NEBRASK.9 ..............y/~LL........ ,................IAUltty SS:
<br />~~ ~ this 3rd day of October 19. 79 before me, the undersigned, a Notary Public
<br />hustfan~an~mwj {end qualified for said county, personally carne ~.UC~NE G. SHORT AND JOANN S. SHORT
<br />..........................................................................to me known to be the
<br />id°ntical pa=rson(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be.. , .heir . _ , , ..voluntary act and deed.
<br />Witness my hand and notarial seal at ............. Gran,(] , 15 j bpd.,, Jy@k cd5ka......in said county, the
<br />date aforesaid. 1
<br />z4ty Commission expires: ~ ~ 3Q ` $ `
<br />...
<br />~~, o ry PuDlic -
<br />- - ~3INY SN'(t3$TRt7~A i - -
<br />- - R(r Eamat• Exp. lulm 3i). 1981
<br />{7
<br />~_, (Spero BNav This Line Raserwd Fw len4er and RaeoWer)
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