200101126 - Laserfiche WebLink

Browse

200101126 any, unto Beneficiary or the successors or assigns of Beneficiary, according to their respective interests. Beneficiary may purchase the Property or any part thereof, and it shall not be obligatory upon any purchaser at any such sale to see to the application of the purchase money. Attorneys' Fees and Expenses in the Event of Foreclosure. If this Deed of Trust is foreclosed by the Trustee, a reasonable amount of attorneys' fees for services in the supervision of said foreclosure proceedings shall be allowed by the Trustee as a part of the cost of foreclosure. In the event the foreclosure proceedings may be made through court proceedings, attorneys' fees in an amount determined by the court to be reasonable shall be taxed by the court as a part of the cost of such foreclosure proceedings. It is specifically understood that the term "attorneys' fees" shall include, without limitation, costs of an attorney in the employment of Beneficiary, fees for costs and services performed by non - lawyers, for example, legal assistants and paralegals, and shall include costs and other disbursements regularly associated with the provision of legal services. In the event of foreclosure of this Deed of Trust, whether through the Trustee or through the court, there shall be allowed and included as additional Indebtedness all expenditures and expenses which may be paid or incurred by or on behalf of Beneficiary for appraisers' fees, fees for environmental reports or assessments, surveys, outlays for documentary and expert evidence, stenographers' charges, publication costs and costs (which may be estimated as to items to be expended after foreclosure sale or entry of the decree) of procuring all such abstracts of title, title searches and examinations, title insurance policies and similar data assurances with respect to title as Beneficiary may deem reasonably necessary either to prosecute such suit or to evidence to bidders at any sale which may be had pursuant to such decree the true condition of the title to or the value of the Property. All expenditures and expenses of the nature in this paragraph mentioned, and such expenses and fees as may be incurred in the protection of the Property and the maintenance of the lien of this Deed of Trust, including the fees of any attorney employed by Beneficiary in any litigation or proceeding affecting this Deed of Trust, the Note, or the Property, including probate and bankruptcy proceedings, or in preparation for the commencement or defense of any proceeding or threatened suit or proceeding, shall be immediately due and payable by Grantor, with interest thereon at the highest legal rate, but not to exceed eighteen percent (18 %), and shall be secured by this Deed of Trust. Rescission of Notice of Default. Beneficiary, from time to time before Trustee's sale, public sale or deed in lieu of foreclosure, may rescind any such notice of breach or default and of election to cause the Property to be sold by executing and delivering to Trustee a written notice of such rescission, which notice, when recorded, shall also constitute a cancellation of any prior declaration of default and demand for sale or such documents as may be required by the laws of the state in which the Property is located to effect such rescission. The exercise by Beneficiary of such right of rescission shall not constitute a waiver of any breach Tracking No. 200012011 -NEB 16