T
<br />prior to entry of a judgment enforcing this ?~Songage if: (a) Borrower pays Lender au! sums which would be then due under
<br />this Mortgage. thr Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures all
<br />breaches of any aher covenants or agreements of Borrower contained in this Mortgage; (c) Borrower .pays ail reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in
<br />en€orcing Lender's remedies as provided in paragraph I8 hereof, including, but not :united 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 />un-the Property and Borrower's obligation to pay the sumssecured by thus Mortgage shall continue unimpaired. Upon such
<br />payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remaun in ful! force and effect as if
<br />no acceleration had occurred.
<br />20. - Assfgnmentof R¢nfs; Appointment of Receiver, Lender in Possession. As additional security hereunder, Borrower
<br />hereb-; assigns to Lender the rents of the Property, provided that Borrower shaiL prior to acceleration under paragraph 18
<br />hereof or abandonment of the Property, havo the right to collect and retain such rents as they became due and payable.
<br />- Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judicfaliy appointed receiver, shall be entitled m enter upon, cake possession of and manage the Property and-tn collect the
<br />rents of the Property, including those past due. All rents collected by Lender or the receiver shall be applied ` to pay^ent
<br />of the costs-of management of the Property and collection of rents, including, but not 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 />shad be liable to account only for those rents actually received.
<br />Z2. Future Advances. Upon request of Borrower, Lender, at Lender's option prior to releaze of this Mortgage, may
<br />make Future Advances to Borrower. Such Future Advances, with interest thereon, sha}I 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 including sums advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plus LiSS. S.OO~..OIl .........
<br />22. -Release. Upon payment of alt sums secured~by this Mortgage, Lender shall discharge this Mortgage without
<br />charge to Borrower. _ Bon~ower shall pay all costs of recordation, if any.
<br />" Ix WITNESS WHEREOF, Borrower has executed this Mortgage.
<br />Nei'I.E~ ofi,T,...~..<~........ .....
<br />-Borrower
<br />Barbara J~.~ Groff ~ ~• _aor„vs,
<br />STATE OF NEBRASKA]
<br />] SS.
<br />COUNTY OF HALL ]
<br />The foregoing instrument was acknowledged before me this 30th .da}' o£. .
<br />J u_I y, 1980. , 6y NE,I L, E..,ROF,F .ANE.BARBARA. J. GRDEF,. husband and w i te.
<br />witness my hand and notarial seal at. ,Grand Island, Nebraska
<br />in said County, the date aforesaid,
<br />*^~ ,
<br />t'tY Cortunission expires:
<br />- ~ .7 v~ .~
<br /> _
<br />tit
<br />~ ~
<br /> \
<br />--~ r
<br />~ ~i
<br />j
<br /> e~
<br />,~ .
<br /> "'~ ~: ~ ~ ~ p ~
<br />~. ~ - - ., :a~ 7 a ~ p
<br />r
<br />
<br />
<br />.
<br />
<br />~
<br />
<br />-
<br />
<br />CS? r
<br />G
<br />~ ~ r~ ".' „'~ .. 1
<br />~{"/
<br />N
<br /> 13-. cn " ~
<br />tf)
<br />~ N' Z
<br /> Q
<br />
<br />
<br />;i
<br />
|