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80003629
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Last modified
1/13/2010 7:53:23 PM
Creation date
1/13/2010 7:53:03 PM
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DEEDS
Inst Number
80003629
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prior io entry of a judgment enforcing this Mortgage if: !a) Borrower nays Lender ail sums which would be then due under <br />this Aiartgage, the Note and notss securing Future Advances, if any, had no acceleration occurred; tb} Borrower cures ail <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 erforcin¢ the covenants and agreements of Borrower contained in this Mortgage -and in <br />enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable auorney'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 />in the Property and Borrower's obligation-to pay the sums secured by this Mortgage shalt cootiaue unimpaired. -Upon suck <br />payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full farce and effeca as if" <br />no aceeleration had occurred. <br />20. Agtsgnmsnt of Retue; Appoinantent of Receiver, Lender in Possession. As additional security hereunder, Barrowei• <br />hereby assigns 20 Lender the rents of the Property, provided that Borrower shag, prior to acceleration under paragraph _ l8- <br />hereof or abandonment of the Property, have the right to cofiset and retain such rents as they become due-andpayable: <br />Upon accelemtion under paragraph 18 hereof or abandonment of the Property, Lender, in person; by agent or by_- <br />judicially 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. Ali rents collected by Lender or the receiver shall be applied first to payment <br />of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, p:emivms on <br />receiver's bonds and reasonable attorney's fees, and then to the Sams secured by this Mortgage. Lender and thereceiver <br />shall be liable to account only for those renu actually received. <br />21. Future Advances. Upon request of Borrower. [.ender, at Lender's option prior to release of this Mortgage;- may <br />make Future Advances to Borrower. Such Future Advances, with interest thereon. shat) be secured by this Mortgage-when <br />evidenced by promissory notes stating that said notes ate secured hereby. At no time shall the principal amount of the <br />indebtedness secured by this Mortgage. not including sums advanced in accordance herewith to protect the security of this <br />Mortgage, excced the original amount of the Note plus USS...52.,500.QQ ..... <br />22. Release. Upon payment of all sums secured by this Mortgage. Lender shall discharge this Mortgage- without <br />charge [o Burrower. Harrower shell pay sli costs of reco:'dation, if any. <br />Ix WITNESS WHEREOF, Borrower has executed this Mortgage. <br />A _~ . ~7 <br />.. -~_ ,.~ ~~v..{J <br />.... <br />Joe ~ii~Ytdy Eowden -narrower <br />Mary ~nn Bowden -aeR~r <br />STATE OF NEfltuStcA . ..............HALL ....................... COIli1tV SS: <br />do [his........16th.....day of... July .........,~&80:, before me, the undersigned, a Notary Public <br />duly commissioned and quaiihed for said county, personally came..t lady .- .80WDEN. ANTI .MARY. ANN ....... . <br />....BR`v1IIEN ...............................................................to me known to be the <br />identical parsons} whose namt(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... Grand Island, Nebraska in v~it? county, the <br />......................... <br />date aforesaid. <br />f 1 <br />Mv::ammissienexYires: ~~`"~/ i~ 1~ it ;l <br />/1 Fot'ory Public <br />CsFAIERAI. NOTARyscan m nr~ ssu / <br />.-.. 0.7y CpmmY€sip NQr~TR. 198t <br />(Space 601ow This line Reservetl for tentler antl Recortler) <br />Z <br />_~ <br />fJ ~ 'f '-• <br />~ ~ a <br />G7 ~' j~ <br />vs <br />4. <br />V U ~ ~ .~ <br />w ~.: <br />N <br />tc_ ... <br />w <br />"7 ~ <br />~"3 ~ .. i <br /><.~? <br />.,._..~ ,nr;a f derat <br />[' G $ox !spy <br />
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