Laserfiche WebLink
prior to entry of a judgment crforcing this Mortgage if: (a) Borrower pays isrdcr a71 sums which would f>= this, due under <br />this Mengagt, the Nate and notes securing Future Advances, if any, had as acceleration aec•.rrzd; ;b) Borrower cures a,'. <br />brzaches of any other covenants ar agreements of Borrower contained in this Mongage: tc) Borrower pays all reasombte <br />expensex 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 18 hereof, including, but not limited tc, reasonable attortey's-fees: and <br />(di Borrower takes such action as Tender may reasonably require to assure that the lien of this Mangage, Lendefa imerest <br />U the Property and Borrower's obligation to pay the sums secured by this Mortgage shalt continue unimpaired. Upon arch <br />payment and cure by Borrower, this Mongage and the-obligations secured hereby shalt remain in full force and eSecf-as if <br />no accelemtion had occurred. <br />20. Asslgnmeni of Rents; Appainimmt of Receiver, Tender is Passesdon. As ndditicnal security herzundtr, Borrower <br />hereby assigns to Lender the rents of the 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 dte aad .payable.-- <br />Upnn acceleration under paragraph 18 hereof or abandonment of the Property, Linder, in person, by agent or by <br />judicially appointed receiver, shall be emitted to enter upon, take possession of and manage the Property and to collect the <br />rents of the Properly, inchtding those past due. .AII rents collected by Lender or the receiver shah be app3led first to payment <br />cf the costs of management of [hz Properly and collection of rents. includine, but not limited to, receivcPs fees, Qremiums on <br />receiver's Imnds and reasonable attorney's fees, and then to the sums secured by this Mortgage. [.ender attd the receiver <br />shall 6e liable to accoun[ only for those rents actually received. <br />21. Fohrrt Advances. Upon request of Borrower, Lender. at I_endcr's option prior to rtlease of this Mongage. may <br />make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mongage when <br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the <br />indebtedness secrrzd by this Mottgage. not including sums advanced in acrnrdance herewith to protect the security of this <br />i>7ottgage; exceed the original amount of the rvote pins USS. S.GU.. Gu ......... <br />22. Reltase. Upon payment of ail 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 />TN WITNESS WHEREOF, BOl'TOW(',f has exCCn[Cd Ch~iS~,(~!MJ U~r4C„agC. <br />...!^4.G',"'..~:....rte ...................... <br />Olen D. Larsen -BOnower <br />n _ <br />A I ice .+. Larsen ~ ~' -nerrover <br />STATE OF NEBRASKA] <br />SS. <br />COUNTY OF HALL 1 <br />The feregoinq instrument-was acknowledged before me this (3th .dap o& <br />August I9 BO by GLEN D. LARSEN AND ALfCE M, Li~,RSEN, hustrand and wife. <br />Witness my hand and notarial ..cal at. ,Gra]td. I,sianp,, ^je~r'~ska_ _ , <br />iu said ::aunt•i, thz .,,ate aforesaid. <br />d~ ~1 r .-' , ~- ~' <br />Notary Public <br />Hv Commission expires: ~f ~~$3 <br />~~~rt/•sl/Iba1a <br />~_~N L 1~tMtE <br />~. eP. ass 7d. t8L! <br />~i }- <br />~~ ~ y _~ ~ <br />m t'f `r ^ n.1 1q <br />y ~ `~ r~ ~ f.1... =t <br />Gil ~ E <br />© ~ ~ a: _ £? <br />- ew. :. -~ <br />~ OQ ~ , <br />v,,, ~. _ <br />