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prtar to entry of a jodgmeat enforcing this Mortgage if: (a} Borrower pays Lender al[ sums which would be then due under
<br />this-Mortgage. ffie Note and notes severing Future Advances, if any, had no acceleration occurred; (b) Borrower cures ail--
<br />breaches of any other covenants or agreements of Borrower centained in this Mortgage; (c) Borawer pa;'s all reasonable.
<br />expenses incurred by Lender in enforcing ffie covenants and agreements of Borrower contained in. #his .A46rtgage: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-ta.assure that the lien of this tviortgage; L.ender's mftxesC--
<br />-in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continua unimpaired. -Upon such - -
<br />payment and cure by Borrower, Yhis Mortgage and the obligations secured hereby-shall remain lit full force-and effecE-as.if "
<br />no-acceleration had occurred. - -
<br />- - ZB. Assignmetrt of Rerast Appointment of Receiver, Lender iri-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: J 8- -
<br />hereof or abandonment o€ the Property, have the right to collect and retain such rents-as they become due and-~payabie:-
<br />L'pon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person; by agent brby - -
<br />judicialiy 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. All rents collected by Lender or the receiver sliali 6e applied-fitiCto._paymenf='
<br />of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fees,-premiums~om--' -
<br />receiver's-bonds and reasonable attorney's fees, and then to the sums secured-by this Mortgage, Lender and the--receiver- - -
<br />shall beliable to account only for those rents actua0y received.
<br />-Zt. Fntare"Advances. Upon request of Borrower, Lender. at Lender's option-.prior. to release of.lhis.Mortgage, may --
<br />make Future--Advances to Borrower. Such Future Advances, with interest thereon, shall be secitred.by this,Mortgag6when
<br />evidenced by promissory notes stating that said notes are scoured hereby. At no time shallthepripcipal-amounbofahz
<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..6,20~. RD ....... - - -
<br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this -Ivfortgage.wifhout
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any. - _ - _ _"_ _ _ _ _ _ _
<br />Irv Wtrxtss WxeaEOi:, Borrower has executed this Mortgage
<br />cugene ncer~~/,~/J '~? ,',,"~~J -aor,barer
<br />t<a h I een F. Spencer -Barrawr
<br />Srwre os Neaxnsxn ...................HAt.i,...................Countyss:
<br />On this........ Llth ....day of....Jtt,ly........., 198Q ., before me, the undersigned, a Nolan Public
<br />duly commissioned and qualified for said county, personally came. EllfENE. E.. SPENCER. ANQ J{ATNIFEN. F.....
<br />" ,SPONGER:.l145Ga4d.~Pd .+1'tf@. .............................................to me known to be the
<br />identical person(s) whose names} are subscribed to the foregoing instrument and acknevEledged the execution
<br />theceof to be. , ...thy) f, .....voiuatary act and deed.
<br />Witness my hand and notarial seal at...GCt~Od. ,1.5 lapd,. Ketlraska .... . . ..........in said county, the
<br />date aforesaid.
<br />.' 1 t.
<br />My Commission expires: ~ _ ,3~ - s~1 r ~ 17 i ~ II
<br />- ~--~}~x-r=x.«~.. ~ Notary Public
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