98103566 - Laserfiche WebLink

Browse

E�, . • 8- 1.(�3566 at any time prior to the earlier to occur of(i)the fifth day before the sale of the Property pursuant to the power of sale wntamedin this Deed of Trust or(ii)entry of a judgment enforcing this Deed of Trust if:(a)Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had no acceleration occurced;(b)Borcower cures all breaches of any other covenants or agreemenu of Borrower contained in this Deed of Trust;(c)Borrower pays all reasonable expenses incurced by Lender and Trustee in enforcing the covenants and agreements of Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in paragraph 17 hereof,including,but not limited to,reasonable attorneys'fees;and(d)Borrower takes such action as Lender may reasonably require to assure that the lien of this Deed of Trust,Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired.Upon such payment and cure by Borrower,this Deed of Trust and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurced. 19.Assignment of Rents;Appointment of Receiver;Lender in Possession.As additional security hereunder,Borcower hereby assigns to Lender the rents of the Property,provided that Borrower shall,prior to acceleration under pazagraph 17 hereof or abandonment of the Property,have the right to collect and retain such rents as they become due and payable. Upon acceleration under pazagraph 17 hereof or abandonment of the Property,Lender,in person,by agent or by judicially appointed receiver shall be entitled to enter upon,take possession of and manage the Property and to collect the rents of the Property including those past due.All rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Propeity and collection of rents, including,but not limited to,receiver's fees,premiums on receiver's bonds and reasonable attorneys'fees,and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received. 20.Reconveyance.Upon payment of all sums secured by this Deed of Trust,Lender shall request Trustee to reconvey the Property and shall sunender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee.Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto.Such person or persons shall pay all costs of recordation,if any. 21.Substitute Trustee.Lender,at Lender's option,may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded.Without conveyance of the Property,the successor trustee shall succeed to all the title.power and duties conferred upon the Trustee herein and by applicable law. 22.Request for Notices.Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's address which is the Property Address. REQUEST FOR NOTICE OF DEFAULT AND FORECLOSURE UNDER SUPERIOR MORTGAGES OR DEEDS OF TRUST Borrower and C,ender request the holder of any mortgage,deed of trust or other encumbrance with a lien which has priority over this Deed of Trust to give Notice to Lender,at Lender's address set forth on page one of this Deed of Trust,of any default under the superior encumbrance and of any sale or other foreclosure action. PLEASE SIGN AND NOTARIZE ORIGINAL WHITE COPY IN W17'NESS WHEREOF,the undersigned has/have hereunto set their hand(s)and seal(s)on ' MORTGAGOR(S) �� c�.. �.�'1;,,�. biARK A MCNISH STATE OF NEpBRASKA, ��, County SS: On l— �� I before me,a Notary Public in and for the aforesaid County,do hereby certify that�+RK A MCNI SH personally known to me to be the identical person(s)whose name(s)were subscribed to the foregoing instrument and acknowledged that he/she/they signed and delivered the said insttument as his/her/their free and voluntary act,for the use and purposes therein set forth. WITNESS my hand and official seal the date last aforesaid. � � � �� My Commission Expires: o NOTARIAL Notary Public ��! GENERAL NOTARY.State ot Nebraska CURIE R.MINCER My Comm.Exp.May 25,1998 EFC 6/97 Fortn:D-4-NE PAGE 3 of3