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prior io entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender alt sums which would be xhen due under
<br />this Mortgage, the Note and notes stxtrring Future Advances, if any, had no acceleration occurred; fb) Borrower cum alt
<br />breaches-ef any other rnvenarns or agtcemenzs of Borrower contained in this Mortgage (c) Borzower pays ail reaxxtabk
<br />expenses incurzed by Lender in enforcing the covenanu and agreements of Borrower contained in this Mortgage and in
<br />enforcing Lender's retnedies as provtded in paragraph t$ hereof, including, but not !invited to, reasanabk atiarnay's fees; and
<br />id) Borrower Oakes such action as Lender may reasonably require to nacre that the lien of this Mortgage, bender's imtrteai
<br />in the Property and Borrowers obligation to pay the sums secured by this Mortgage shalt continue unimpaired. Upon such
<br />paytateni and :.toe by Borzower, ehis Mortgage and the obligations secured hereby shall remain in folk force and effect as if
<br />no-acceleration had oecurrr_d.
<br />20. At~Igametrt of Recta; App<intarent oP Receiver, Lender in Po.~asion. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall. prior w acceleration under paragraph t$
<br />hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payabk.
<br />Upon acceleration under paragraph i$ hereof or abandonment of the Prnperiy, Lender, in person, by agent or by
<br />judicially appointed receiver, shalt be entitled to enter upon, take possession of and manage the Properly and to collect the
<br />rents of the Property, including those past due. All rents collected by Lender or the receiver shall be applied first to payment
<br />of the costa 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 />shop be &abk to aceotgtt only for those renzs actually received.
<br />21. 1'n1Qre Advaacea. Upon request of Borrower, Lender, at Lender's option prior to release of this Mortgage, may
<br />make Future Advances to Ilorzower. Such Puture Advances, with interest thereon, shat( be segued by this Mortgage-when
<br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amotmt of the
<br />indebtedness secured by this Mortgage, not induding'sams advart~ed ~ac_cgrdance herewith to protect the security of this
<br />Mortgage, exceed the original amount of the Note plys USS..... a . , _ ., _ .. .
<br />22. Release. Upon payment of ail sums secured- by this Mortgage, Lender shall diuharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recordation, if any.
<br />IN WrENES$ WHEREOF, Borrower has executed this Mortgage.
<br />~/!~~s~" .s5~
<br />.....
<br />Ron~~~ S t?f~ ...... ................... .
<br />-iforrawar
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<br />......} .._. ~~i :...........................
<br />aron K. Smith -aorrower
<br />STATE OF NEBRASKA .................HALL .... .. .. .... .........COBntY Sa:
<br />On this... , , 29th .. _ _ ...day of. _ September....., 1990 . „before me, the undetsigtred, a Notary Public
<br />duly wtnmissioned and qualified for said county, personally came RONALD. L., ,:>MiTH. AND, $,t{gARQN, K•..SMiTN,
<br />husband and wife ,,,,,,,,,,,,,,to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the ezecutieR
<br />theeeof to be.. ,r e i r. , , . , , , .voluntary act and deed.
<br />Witness my hand and notarial seal at....... Grand, I s.l artd, .Nebraska, . , .. , , , ...in said county, the
<br />date aforesaid. i
<br />My Commission expires: ~r~ ~ s ~~ ~~ ~~~~~ ~ ? ,Y
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<br />Orrntt-M~~NO
<br />~~~ ~ (anon Blow This lira Rir6ervW for lendat and Racprdori
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