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201406133
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201406133
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Last modified
7/20/2017 8:55:27 PM
Creation date
9/26/2014 2:16:30 PM
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DEEDS
Inst Number
201406133
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��14��133 <br /> E��nt of Defauft or any oth�r defense of Borrower to acceleration and sa�e. L�nder <br /> sha1� be entitled to colle�t all cos#s and exp�ns�s in�urred in pursuing su�h remedies, <br /> including attorneys' fees, c�sts of documentary e�idence, abstracts and t�#�e reports. <br /> �4} Truste� may se�� the Mort�aged Prop�rty at the tim� and place and u nder th� <br /> terms designated in the not�ce of sale in ane or more par�els and in such order as <br /> Trustee may d�termine. Truste� may postpone sale �f all or any part of the Mor#gaged <br /> Property by publ�� an nouncem�nt at the time and plac� of any pre��ously sched u led <br /> sa�e. Lend�r or Lender's designee may purchas� the Mortgaged Property at any safe. <br /> �5} Trustee shall del�ver to the pu rchaser a# the sa�e, ►nrith in a reasonab�e time after <br /> the saie, a Trustee's deed conveying #he Mortgaged Property so sold without any <br /> �o��nant or warranty, express �r implied. Th� recitals �n Trustee's deed shall b� prima <br /> facie e��dence of the #ruth of the statements made therein. <br /> ��} The trus�ee shall apply the �rnc�eds of the trustee's saie, first, to th� costs and <br /> exp�nses of exercis�ng the power �f sale and af the sale, including the paym�nt of the <br /> trustee's fees actually in�urred not to exc�ed the amount which may be provided for in <br /> the trust deed, secand, to payment �f the �bl�gati�n se�ured by the trus# deed, third, t� <br /> the paym�nt of�un��r trust deeds, mortgages, or other lien holders, and the balance, if <br /> any, ta the person or persons legaiiy entitled there#o. <br /> 5�a. FUTURE ADVANCES: The foilowin� langua�e supplements and is hereby <br /> incorporated by Section 49 of the Mu�tifamily D�ed of Trust, Security instrument, <br /> Assignment of Rents, and Fixtur� Filing: Pr�t�ction of Lender's Security: <br /> ��} Pursuant to the Nebraska Trust Deeds Act transfers in trust of real property may <br /> b� made t� se�ure �a} existing debts or obli�ations created simultaneausly with the <br /> execution of the trust deed, �b} future ad�ances necessary to prote�t the security, �c} <br /> any future ad�ances to �e made at the option of the parties, ar �d} the p�rformance of <br /> an obligatton of any other person named in the trust deed to a beneficiary. <br /> �2} Future advan��s necessary to protec� the security sha�l include, but not be <br /> limited to, ad�ances f�r payment of real property taxes, spec�al assessments, prior <br /> liens, hazar� insuranc� premiums, main#enance charges impased under a <br /> condominium declarativn or �ther co►►enant, and costs of repair, maintenan�e, or <br /> improvements. <br /> �3} �a} Except as provided in subdivision �b} af this subsecti�n, all items identified in <br /> su bsection ��} of th is section a re eq u a Ily secu red by the trust d�ed fr�m the tim� of fili ng <br /> th� #rust d�ed as pro�ided by law and ha�ve the same pr�or�ty as the trust deed ��er the <br /> rights of alI other per��ns who acquir� any rights in or liens up�n the trust property <br /> su bseq uent to the t�me the trust deed was fifed. <br /> �b}��} The trustor or his or her successor in title may I�mit the amount of optional <br /> future advances secured by the trust deed under subdi�ision �Z} of th�s secti�n by filing <br /> B-2 <br />
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