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p~ior to entry ot a judgmant enforcing this Mortgage it: (a) Bor~ower pays Lsnde~ all sums which would be thea due ua8er
this Mortgage. the Note and nota securing Future Advances. it any. had no acceleration occurred: ib) Botroaer cvrss
all breaches of a~y other covenants or agreements of Borrowe~ contained in this Mortpge: (c) BoRawer pays aN rasoosbie
expenses incuned by Lender in eaforcing the covenagts and agreeme~ts of Borro~wer contained ~~ dus MoRP~e an~ ~°
enforcing Lender's remedies as provid~d in paragraph 18 hereot. including. but ~at limited to, reasonable attarey~ fea: ud
(d) Borrower takes such action u Lende~.may reas~nably rcquirc to usure that the iien of this Mortp~e. Lader~s iota~al
in the Propeny ar~d Borc+owe~'s obligation to pay the sums securod by this Mortp~e sha11 oontinue unimpsired. Upoa snd~
paYment and cure by Bonower. this Mortgage and the obligations securcd hereby shall remain in fWl foroe sod dfect is if
no acceleration had oocurned.
29. As~nmeat ot Reat~ Appoialmeal ot Receiver. As additanal security hcreunder, Borrowen c~reby usi6as to
I_ende~ the rents of the Property. provided that Borrower shall, prior to ~cekration unde~ puagsph 18 herad or abanda~
ment of the Pmpetty. have the right to collect and retain such rents as t6ey beco~ne due aad WY~-
Upon acceleration under paragraph 18 hercoi or abaodonment of the Property, Lender shap be eatitlod to have a
rcceiver appointed by a~rourt to enter upon, take possessian of and ma~age the Property and ta oolkct the nats of tbe
Property, including those past due. All rents collectod by the receiver shall be appliod first to payrt~ent of t6e costs of
manageme~t of the Property and collectioo of rents, includi~g, but nw limited to, recsiver's fas, prcmiums on rooei~w s
twnds and teasonabk attomey's foes, and then to the sums secured by this Mortpge. The rooei~^er s6a11 be liabk w aocouM
only for those rents actually received.
21. Fature Advanca. Upon request by Borrower, I.ender, at Lender's option within twrnty ytars fran the datt d this
Mortgage. may make Future Advances to 8orrower. Such Futurc Advances, with intercst thereon, sha11 be socured bY tbis
Mongage when evidenced by promissory notes ~tating that said notes are securod hereby At no time shall tl~e prinapal
amount of the indebtedness securcd by this Mortgage. not including sums advanoed in aooordana hemivith w pmtect ~he
securiry of this Mongage. excoed the original amount of the Note plus USS. --------'-'-"'• -••••-•--
Z2. Relea~e. Upan paymeot of all sums securcd by this Mortgage, Lender shall rcle~se tl~is Mortaaae witbout char¢
to Borrower_ Borrower shall pay all costs of recordation, i( any.
23. AHo~ey's Fees. As used in this Mortgage and ~n the Note. "attorne}'s foes" shall include atto~ney's fees. ,f any.
which may be awuded by an appellate court.
IN WtTNESS WHEREOF, Borrower has executed this Mortgage.
Signed. s~:aled and delivered
in thc presence of:
/' ll'n..~ ~'~~~Q.
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,/. , . . .~'!!"a~u%~'a~C. ~j. .!, . . . ~. . . . . . _ .
I L ~ ` • ~~j
Marshal V. Carlson ^ ~+~
../ ... .. . ....... .~!~,~,~~ .~~,
Harriett L. Carlson -~^~
$TATE OF ~L6~IG~, - - •M ~[165RLd . . . . . . . . . . . ~ . . . . . . . . . . . . . . .C/oU1~~I55:
hercby C~fy t~ on this day. tx:fore m, an ofticer duly authorized in the state aforcsaid and in tbe ooaniy
aforesaid to take acknowledgements. pcrsonally appeared.Marshall ,V. Carl.son,and Harriett L.Carlson,
h i s wi fe . . . . . . . . . . . . . . . . . . . . . to me known to bc the person(s) described in and who exoartod il~e
foregoing instrument and acknowlcdg~d before me that. . they. ._,._..executed the same for tbe pnrp ~'~ ~
expressed. ' •:.~.`'_; ~aa~~
W~rHESS my hand and official seal in the county and state aforesaid this. .... 15th
. . . . . . Decemher . . . . . . . . . . . . . . . . . .. 19.80. . .. ~
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