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prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender al! sums which would be then due under
<br />this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Borrower cures a[i
<br />- breaches of any other covenants or agreemems of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
<br />expenses incurred by Lender in enforcing the covenants and agreements of Bortower comained in [his Mortgage and in
<br />eMoreing Lender's remedia as provided in paragraph 18 hereof, including, but not limited to, reasonably attorney's fees; and
<br />(d) Borrower takes such action as Lender may reasonably require m assure that the lien of this Mortgage, Lender's interest
<br />in the Property and Borrower's ebHgation to pay the sums secured by this Mortgage shall continue unimpaired. Upon attch
<br />payrvent and cure by Bortower, this Mortgage and the obligations secured hereby shall remain in full force and effect u if
<br />no acceleration had occurred. -
<br />~. Assignment of Rertta; Appointment of Receiver, Lender is Posseasioa. As additional security hereunder, Borrower
<br />hereby assigns to Lender [be rents of the Property, provided that Bortower 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 due and payable.
<br />Upon acceleration under paragraph i8 hereof or abandonmrnt of the Property, Lender, in person, by agent or by
<br />judicially appointed rzceiver, 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 shall beapplied-first to payment
<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 foes, and then to the sums secured by this Mortgage. Lender and the receiver
<br />shall fie liable to account only for those rents actually received. -
<br />- 21. Fntnre Adraoces. Upon request of Borrower. Lender, at Lender"s option prior to release of [his 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 are secured hereby. At no time shall the principal amount of the
<br />indebtedness secured by [his Mottgage, not including sums advanced in accordance herewith to protect the security of this
<br />hortgage, exceed the original amount of the Note plus USS..l0,AQ0. OII ......
<br />22. Reksse. Upon payment of all sums' securedby this Mortgage, Lender shall'. discharge this Mortgage without
<br />,charge to Borrower. Borrower shall pay all ws(s of recordation, if any. '',
<br />Ix WtTxESS WttEREOF, Borrower has executed this Mortgage.
<br />..I
<br />Lawrence W. Traudt,, unma
<br />dried -atlrrower
<br />.....................................................
<br />-Borrower
<br />STATE aF NEBRASKA .. .... .... ...... HAL~...... .. .. .............COUn[y 55:
<br />~ ~. 2nd.. , .. , .day of September. , . , ., 19$Q.., before me, the undersigned, a Notary Public
<br />dWy commissioned and qualified for said county, personally camelhWRENGE, .W..TRAUQT., .unmarr.ied ....... .
<br />..........................................................................to me knawn[o be the
<br />identical person(s) whose name(s) see subscribed [o the foregoing instrument and acknowledged the execution
<br />thereof to be. ,their _ . , . valtmtary act and deed.
<br />Witaess my hand and notarial seal at........... Grand . I sj anal, .NehrasJca .......in said county, the
<br />date afarsltid.
<br />f `.~ ~''1 `? ~ A
<br />My Commission expires: f~ -- "~ ~
<br />Nobry Puolit
<br />~NOTARY-n test sre:ar
<br />6ARRY SANt1STRatA
<br />Crow. EsP luae 30. 1981
<br />~~
<br />tSaaoe 8alow Thies LIM RaNrved For Lentler and Racothrl
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