|
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 Future Advances, if any, had no acceleration occurred; (b) Borrower cues all
<br />breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays alt 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 1 R 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 interut
<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 shalt remain in full force and effect as if
<br />no acceleration had occurred.
<br />20. Aseigeateot of Rents; Appointment of Receiver, Lender in Possession. As additional security hereunder, Borrower
<br />hereby assigns to Lendet the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 1R
<br />hereof or abandonment of the Property, have the right to rnllect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph IR hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judicially appointed receiver, shalt 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. All rents collected by Lender or the receiver shall be applied first ro paymert[
<br />of the-costs of management of the Property and collection of rents, including, but no[ 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. Futatre Advances. Upon request of Borrower, Leader, at Lender's option prior t., ,elease 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. At no time shall the principal amount of the
<br />indebtedness secured by this Mortgage, not inch~ding sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus US$.. ~ 5,OOQ,00......
<br />22. Rtdease. Upon payment of all sums secured by this Mortgage, Lender shat! discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />IN WrrNEaS WHEAfOF, Borrower has executed this Mortgage.
<br />
<br />Lawrence E. Huwa I dt -BORO"'ef
<br /> ~/ //, 3
<br />
<br />Anna Pd. Huwa I dt -eorrower
<br />STATE OF NEBRASKA .............. HALE.........................County ss:
<br />~ tfis . _ .. _ _ .1.6th. _ ,day of........ June. _ .., 19 80„ before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came LAWRE<N~E_ E....t)UWALpl'_ ANR.ANNA. bt...HU4VALDT,
<br />husband, and,wife ......................................................... to me knownto bethe
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be....... the i,r _ , ,voluntary act and deed.
<br />Witness my hand and notarial seal at..... ~t:arld.) S.IaRd, .NGDri35kd .............in said county, the
<br />date aforesaid.
<br />My Commission expires: tp - ,3 ct - +~~
<br />..~.
<br />~ Notary Public
<br />~, gyp. Woe 3t1. i:31
<br />~'~ ~ tspaap tieloa Tnis Line Reserved For ten3er ar.i aecarAer)
<br />~
<br />~ {Ia
<br />^
<br /> ^s
<br />_ `-,...1
<br />/~~
<br />7 ~. N.
<br />~
<br />~
<br />n ~ ~
<br />i i kil
<br />1j
<br />V ~ ~
<br />~ ~
<br /> _
<br />..
<br />t0.
<br />- }~ 1 LL. ~-~ ~ Yi
<br />~
<br />E ,.. K
<br />51, +~ C3 q
<br />v ..:cii
<br />,.. .;._1
<br />_.4.»..v
<br />
|