90100180 - Laserfiche WebLink

Browse

� - _ _ __ �.� � � - -- � .r��--�� too�s� _T peraon� claiming under Grantor unon demand , in RuGh PvAnt, �hall _ forthw2th deliver the posseasion of the Property to Aeneficiary; or its asaigns. In dealing with the Property aa a mortgagee in posaession, Ben�ficiary �hall lae without any liability, charge, or obliRation to Grantor therefor. 19. Appointment of Receiver. At such time as Beneficiary is entitled to acce erate t e n e tedness secured hereby purauant ta Section 16, then it is expressly understood and agreed that, to the extent permitted by law, a �receiver may be appointed, and seid receiver ahall forthwith be entitled to posaeasion of all of the Property. 8eneficiary' s right to a receiver ahall be absolute and unconditional, to the extent permitted by law, once a breach or default by Grantor exists. Said receiver mav be appointed without notice to Grantor and without regard to the adequacy of any security for the indebtedaess and obligationa aecured hereby, and Grantor expresslp agreea to forthwith aurrender posaeasion o£ the Property to auch receiver upon his appointment. Such receiver shall have the right to take possession of the Property and to collect the rents and profits therefrom, to complete the construction of any structures or improvements in progress therean, to operate any business thereon, and to exercise such other righ�s as may be granted by the court pending such proceedings , and up to the time of � ' redemption or issuance of a trustee' s or aheriff' s deed. Rents and � � profita shall be applied to the costs and expenses, including compensation of the receiver and expenses of receivership, to the � :.�sts af ��,stiuc��a��',, isi��i `ciie 'vrii:i�ice �o Z�te ��73ebtetlness. �Llch - receiver shall have the power to borrow money from any person, - including Beneficiary, for expenses of operating, preservinga � maintaining, completing and caring for the Propzrty, completing the - conatruction in progress of Rny improvemente or strucfiures in or - upon the Property, and all such borrowed sums tcgether with interest �= thereon, whether expended or not, shall be added to the indebtedness '� ''� secured by this Deed of Trust. Such borrowed money may be expended ; by the receiver for the aforesaid purposea during any redemption period, and upon any redemption any unexpended amounts of such �" borrowed money shall be credited on the redemption price of the � , Property. � , - �;�:`. 19. Additional Remedies. In addition to any remedies provided . herein for reac or e au t hereof, Beneficisry shall have all ��'"' other remedies allowed under the laws of the State of Nebraska and �' � the United States. Any remedies available to Beneficiary may be . sought and exercised concurrently or consecutively. No failure on � the part of Beneficiary to exercise any of its rights hereunder arisi.ng upon any default or breach shall be construed to prejudice ita rights in the event of any other or subsequent default or breach. No delay on the part of Beneficiary in exercising any of such rights sha11 be construed to preclude it from the exercise thereof at any time during the continuance of such default or breach of covenant. Beneficiary may enforce any one or more remedies or rights hereunder successively or concurrently at its option. By 19 g' l� " L� �l � �� --_ � ___ . �� ..-r�:�;; �7�� � . r�,,,1.,�, � � YY��. � �i E 1: �,°i•� -:�,�. ", .