|
prior to entry of a judgment enforcing this Mortgage if: (a} Borrower pays Lender atF sums which would be then due under
<br />this Mortgage, the Note and notes securing Future Advances, if any, had ro acceleration occurred; (b} Borrower cures 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 l8 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 interest
<br />io the Property and Borrower's obligation to pay the sums secured by this Mortgage shalt continue unimpaired. Upon such-
<br />payment and cure by Borrower, tfiis Mortgage and the obligations secured hereby shall remain in full force avd effect as if
<br />no acceleration had occurred.
<br />20. Assignment of Rents; 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 lg-
<br />hereof or abandonment of the Property, have the right to collect and retain such rents as [hey become due and papabie_
<br />Ltpon acceleration under paragraph IS hereof or abandonment of the Property, Lender, in person„by agenYor.by
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to cotieM the.
<br />rents of the Property, including those past due. All rents collected by Lender or the receiver shall be applied first to payrctenE
<br />of the costs of management of the Property and collection of rents. including, but not limited to, receivers fees, premitims on
<br />receiver's bonds and reasonable attorneys 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. FntureAdvaoces. Upon request of Borrower, Lender, at Lenders option prior to release of this Mortgage;.may
<br />make Future Advances to Borrower. Such Future Advances, with interest thereon, shall 6e secured by this Mortgage when
<br />evidenced by promissory notes stating that said notes are secured heicby. At no time shalt the principal amovnt_of-the
<br />indebiedttess secured by this Mortgage, not including sums adv n ed in . ecordance herewith to protect the security -of this
<br />Mortgage, exceed the original amount of the Note plus OSS. Saa~00..0~,..... _.
<br />22. Release. Upon payment of all sums secured by this Mortgage, Lender shall discharge this Mortgage-. without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />1N WITNESS P/NEREOF, $O[IOwer has eXeCUted T 15 MOrtgag .
<br />..~ . ..~.G.~' ...................:..
<br />.....
<br />Ibugl Do /M'~e(i,p•,err -vorrower
<br />y ~ .. ................... -Borrower.
<br />'C L 'eiez
<br />SrnTe of NEBRASIU,.........Hall .............................County ss:
<br />On this......9th. , , , , .. ,day of... , . ,July, , .. _ .., iq. 80,, before me the undersigtted, a Notary Puhlic
<br />duly commissioned and quahficd for said county, personally came.pOUglas D. Meier and" Cindy L..Meier
<br />husband and wifex .each. in. its .and her otm right ,and, as, spouse, ab,~hY~ to me l+aown to tae the
<br />identical person(s) whose name(s) are subscribed to the foregving instrument and acknowledged the execution
<br />thereof to lac.. ,their , , . , ..voluntary act and deed.
<br />Witness my hand and numriat seat at ...............~'i'........................in said county, the
<br />date aforesaid.
<br />f ~ r
<br />My Commission expires: '~'u;-t ~~ f`~~'rf /~ ~ ~f y ~J, ~ rl ~? t/ .~i ~ f
<br />~, rc r + -...-w mar./ • ~..ur~%?..y~-.-
<br />~ ~F`Y ~a~=iieia ai~~rlti~ r{Uery PUUI{c
<br />ANOREW W. McCUMBER
<br />Mr Gmm. Em. nFru a, a 9es
<br />~~~ ~
<br />r -~.
<br />
<br /> ~~
<br />Y
<br />^
<br /> mss. -' ~~
<br />~
<br />x ~ ~%> , a=
<br /> .~
<br />}~.
<br />$1
<br />q ,q ~ ~~,
<br />_
<br />
<br />C
<br />~ ~
<br />R N ~ '+S":a': ~_
<br />
<br />iSpaca Below This Line Reserved For Lander and Raggrdan
<br />~.
<br />k ' 4.4
<br />' ~.
<br />t~ Y
<br />6
<br />v C12
<br />~ 'J
<br />
|