80002823 - Laserfiche WebLink

Browse

prior to entry of a judgment enforcing this Mortgage if: (a) Borrower paya Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the Tien of this Mortgage, Lender's interest in the Property and Borrower's obligation to pa} the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. Z0. Aaslsneent of ReMa; Appofetmeet of Receiver, Lender in Po~easioo. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Uoon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. Alt rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by this Mortgage. Lender and the receiver shall be liable to account only for those rents actually received. 21. Fetare Advaeces. Upon request of Borrower, Lender, at Lender's option prior tc -^lease of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Morgage when evidenced by promissory Dotes stating that said notes are secured hereby. At no time shalt the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS. 5.00.E OA ......... 22. Rekm. Upon payment of all sums sectired by this Mortgage, Lender shall discharge this Mortgage without chazge to Borrower. Borrower shalt pay all costs of recordation, if any. STATE OF NEBRASKA] ] SS. covrtTY of HALL ] IN WrrNFSS WHEA£OF, Borrower has executed this Mortgage. RONP.LD C . HANOVER -9errower ?'he foregoinq i 3uNE , Witness my hand in said County, rite ~ -llorrow~r wledged before me this .19 . .day of. . RONALD C .. HANOVER, .SINGLE. _ _ at. .G12AND ISLZ-tNA. Tv>;BRASISA Notary Public c D m n My Commission expires: ,~ ^' - ~ ~- ~ w _' 0 m ,~ ~~ n ~~ ~ = ~~~ ~~ o ~ a 0 O o ~:~ N -. ~„' ~ ~ ~ - in A$ 'GN NT OF MORTGAGE '. ALL MEN 8Y _ PRE NTS, th ("Assign °-) for q and va able consi erat~ n to it ~ hand paidf•b the Nebraska Mort- gage Bin e F , organic under the i s f the State of Nebra a ( ssignee"), the receipt of h consider on is hereby novledged, d es ne y asst r., trap err and set o t saignee al i s rights, t' la, and intere and to the ain Mort- gage exectaad b . , .unto }