~~
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<br />prior to entry of a judgment enforcing this Mortgage, if: (a) Borrower pays Lender ail sums which would be then drm under
<br />this Mortgage; the Note and notes securing Future Advances, if any, h~ no acceleration occurred; tb) Borrower cotes all
<br />breaehas of any other covenarrta or agreements of Borrower contained- in this Mortgage; (c) Borrower pays alt rearonable
<br />expetrdea incurred by Lender in enforcitg the covenants and agreements of Borrower cottained in this Mortgage and in
<br />enforcing Lent~r'a retnw.ias as provided in paragraph IS hereof, inclra3ing, bvt-not limited to, reascmabk attorney's fees; and
<br />(d) Bomrwar'fakea such action n Lender may reaaoaably requee to assure that the lkn of this Mortgage, Lender's-iatere~
<br />in the Property and Borrower's obligation to pay the sumsseeured by this bfortgage shall aarrtinue unimpaireit. Upon stiCfr
<br />payment and cure by Borrower, this Mortgage-sad-the obiig0tions secured hereby shall remain in full force and effect a~: tf
<br />eo acceleration-had occurred.
<br />- - gig. of DtoWlh •t oEBecdver Lender ~ Yo>iBndon. As additional security hereunder. Borrower- -
<br />henaby aaogns to Lender the rents of the Property, provided that Borrower shall„prior to acceteretion under paragraph .18
<br />i hereof- or abandonment of the Property, have the right to collect and retain such rents as they become dire ' payable.
<br />i Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by s~iat or by
<br />judicially appointed receiver, shall tx entitled to enter upon, -take possession of and manage the Property and' to ooBtM the
<br />' rents of the Property; including those past due. Alt-rents collected by Lender or the receiver shall be applied fiist to-payment
<br />_ of the costa of maoagmtwtt 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. Leader and the receiver
<br />shad be liable W atxount Doty for those rents actually received.
<br />21. 1Ratee Advaca. Upon request of Borrower, Lender, at Lender's option prior to release of this Mortgage, maq
<br />malto Fuwle Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when
<br />evidene~ by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of t~
<br />indebtedness secured by this Mortgage, not including cams advanced in accordance herewith to protect the security of this
<br />Mortgage, exceed the origiaai amount of the Note plus USS.. 5.,000...00.......
<br />2Z. Release. Upon payment of all sums secured by this Mortgage, Le:~der shall discharge this Mortgage without
<br />charge to Borrower. Borrower shall pay all costs of recot+dation, if any,
<br />aPt WITNESS WHBREOF, Borrower has executed this Mortgage.
<br />Robert G. Mallum -eD.tor...
<br />:i1i~. ~:..... ................
<br />IE en S. Ma7~lum -BO.,o..r
<br />STATE OF NEBBAStSA .................HALL „.,.,.,., ,, _. ..,..,.County ss:
<br />Oa this...... 3rd .......day of..... June ......., 19..81, before ine, the undersigned, a ?dotary Pttblic
<br />duly commissioned and qualified for said county, personalty came ROBERT, ~:. MA4lUM. ANA ,KAREN. S.. tMLLUM,
<br />husband, and wife ............ . ...... to me known to be the
<br />...............................................
<br />identical person{s) whose creme(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />theeeof to be..... ei r..... , , ,voluntary act acd deed.
<br />Witness my hand and notarial seat at...... Grand. Islagd:,Nep~a,sl~d ............in said county, the
<br />..:.date aforesaid.
<br />My Commission eapmres: `- ~ ~ - ~~
<br />t~lat110tARr•~raaeaaso ...~, ~'-. ...... ... ...........
<br />Notary PuDtic
<br />Lba~ila F~P~~ ~ t981
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