|
r
<br />prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
<br />this Mortgage, the Note and notes securing Fuhere 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) Borrower pays al! reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreements 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 require to assure that the lien of this Mortgage, Lender's inures[
<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. Amit;nmeot of Retna; 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 coliect 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 or by
<br />judicially appoinud receiver, shall be entitled to enter upon, take possession of and manage the Property and to copect 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 fees, premiums on
<br />receiver's bonds and reasonable attorney's fees, and then to the sums secur.^d by this Mortgage. Lender and the receiver
<br />shall be liable to account only for those rents actually received.
<br />21. Fatsrc 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 [besot„ 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 USS. $.00..OA .........
<br />2i Relase. Upon payment of all sums secured by this Mortgage, Lender shalt discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />IN Wi'rNESS WHEAE:JR, Borrower has executed phis ortga e.
<br />..............~t.... .... .........
<br />IC S. MOHR --eorrowr
<br />STATE OF NEBRASItAi
<br />cotaxTy of HALL
<br />The foregc
<br />. .JUNE .
<br />witness my
<br />in said County,
<br />} ` ~ rvr Q`jW'.
<br />~ti
<br />n~ .'insttt~{pRpt tJits
<br />t~ .
<br />and, at(d not,'rial~
<br />r
<br />dale aEOfgs}
<br />My Cotamission expires: 7/2/80
<br />.....................................................
<br />-sormnr
<br />wledged before me this 17th ,day of. .
<br />ARA . S. ,MOF.,R, SINGLE .
<br />at. GRAND. ISLAI~ID,. NEBRASKA. _ _ ,
<br />~~~~ry Public
<br />~. ~ x ~ Q
<br />s ,. _. r.
<br />~' - j'r~J~c i_
<br />~ 1:
<br />~~ m ~
<br />f N ~, ~ ,~
<br />y
<br />~~
<br />ASSIGNMENT DF MORTGAGE ,
<br />ALL N B BESE P SENTS ti]dt. /~ t~ '
<br />{"Assign ") ar good d v uable co ideratdon to it i ban paid by th rte s;ca Mort-
<br />gage Finan Fund, organ d under the w /of the State .'ebraska {^ASS~ ee"), t;e
<br />receipt o iah consid at n is hereb no~ledged, es eeeby ass' tra °fer, and
<br />set oyez'-unto esigne all it ~ighis title, a d ezest an that certain rt-
<br />gage ecuted by .~ . . unt,i
<br />
|