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prior to entry o€a judgment enforcing this Mortgage if: (a) Borrower gays 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 cures-al( -
<br />breaches of any other covenants or. agreements of Borrower contained in this Mortgage: (c) Borrower pays ail reasonable
<br />-expetues ittcurred.by Lender-in enforcing the covenants and agreements of.Borrawer contained in this Mortgage and Fn
<br />enforcing-Lender's remedies as provided in paragraph IS her>_of, 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.tien of this Mortgage. Lender's interest
<br />in-the Froperty~and $orrower's obligation to pay the sums secured by this Mortgage shall continue-unimpaired. -Upon such -.
<br />--payment and cure by Borrower, ibis Mortgage. and the obligations seevrcd hereby shall remain in ful3-force- and effect as if
<br />no acceleration had occurred. - -
<br />_ - 20. AssignmentoP-RetRS; Appointment of Receiver, Lender in Possession. As additional s«urity hereunder, Borrower _
<br />hereby assigtts~to Lender therents ofthe Property, provided that Borrower shall, 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- IShereof or abandonment of the Property, Lender, in person, bp~agent or by: - -
<br />judicialty appointed receiver, sha}4 be.entitled to enter upon; take possession of and- manage the Eropetty~andrto coli«t the -
<br />rents of the Property, including-thane past due. All rents coileaed h}' Lender or the receiver shalt be applied first topaytnent. -
<br />rif thecosts of management of the Property and collection of rents. includine, but noUimited to,receiver's-fees;-p;emiutns on--
<br />receiver's bonds and reasonable attorney's fees, and then to the sums secured by,this Mortgage- .Lender-and- th_e--receiver -
<br />-shalt be liable.to accoum only-for those rents actually received. - - - - - - - - - - -
<br />Sl. Future Advances. Upon request of Borzower, Lender, at Lender's option prior to release of this' Mortgagee may
<br />'make Future Advances to Borrower. Such Future Advances, with interesCthereon. shall be secured: by this.Mortgagewhen- - - _
<br />evidenced by promissory notes stating that said notes. are secured hereby. At no time shall the- principal amount of tbe-- - - -
<br />indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the;s«urity~of this
<br />Mortgage, exceed the original amount of the Note plus USS..45. 000; 00~ ~ - • •- - - - - - - ~ _ -
<br />22. Release. Upon payment of all sums-secured by this 'Mortgage. Lender shall discharge-this-~Mortgage:~withoux -
<br />cltarge to-Borrower. $orrower'shail pay ail casts of recordation, if any. - -- -_--- -- -
<br />IN Wtrxess WHEREOF, Borrower haz executed this Mortgage.
<br />~J ~ / ,, ~ ,Q ~`
<br />t i'fichael LL~~.~-!~Honeyc`u`;t~t~ "B4r`p1"r - -
<br />Linda ti. Honey~utt --sorcoMrcr
<br />STATE OF N>sttnsxn ................Hall..,....................Countyss:
<br />i~1 ,
<br />Ott this...... ~~.........day of... ~.y6t,~~{......., 19 d'.G, be€ore me, the undersigned, a Notary Public
<br />duly commissioned-and qualified for said county, personally eame..Micpael L, ,Honeycutt., and _ _ _ _ , , , , _ _ _ _
<br />.Linda M...HaneYCUt>=.,..husbactd. end. wL~~ . ............................. . . „ to me known to be the
<br />identical persoa{s) whose name(s) are subscribed. to the foregoing instrument and acknowledged the ezecu8on
<br />thereof to be.....Cbg7.x......voitmtary-act and deed.
<br />Witness my hand and notarial seal at...~~~nd. I;.Iand t . iv~braska , , , , , , , , , , , , , , , ,~ said county, the
<br />dater foresaisl.
<br />My Commission expires: ~~
<br />y
<br />........
<br />Notary pu4fit
<br />GEMf6il N@rAtT-62eb d MMrnte
<br />CO~NNIE S. SALES
<br />A9T Corrnr. Epr. tkt. t t, t981
<br />- (Space Below This 4ine Ralervetl Far lender end Recorder} _ .-
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