200005107 - Laserfiche WebLink

Browse

200005107 in the notice, lender, at its option may require immediate payment in full of all sums secured by this Deed of Trust without further demand and may invoke the power of sale and any other remedies permitted by Nebraska law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph or otherwise taken to protect its interest in collateral described in this Deed of Trust or enforce any provision hereof, including but not limited to reasonable attorney fees and costs of title evidence. 14. If the power of sale is invoked, Trustee shall record a notice of default in Hall County and shall mail copies of such notice in the manner prescribed by Nebraska law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's Deed conveying the property. Trustee shall apply the proceeds of sale in the following order: (a) to all expenses of the sale including, but not limited to, Trustee's fees as permitted by Nebraska law and reasonable attorney fees; (b) to all sums secured by this Deed of Trust; and (c) any excess to the person or persons legally entitled to it. 15. As additional security for the Debt, Borrower hereby assigns all rents, issues and profits of the Property to Lender. Upon acceleration under paragraph 13 or abandonment of the Property, Lenders (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. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney fees, and then to the sums secured by this Deed of Trust. 16. Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the Property and shall surrender this Deed of Trust and the Debt secured hereby. Trustee shall reconvey the Property without warranty and without charge to the persons legally entitled to it. 17. Lender, at her option, may from time to time, remove Trustee and appoint a successor Trustee 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 Trustee herein and by Nebraska law. 18. Borrower requests that copies of all notices provided herein be sent to Borrower's address hereinabove indicated. IN WITNESS WHEREOF, the Borrower has signed this Deed of Trust on the date first noted above. Larry J. r STATE OF NEBRASKA) ) ss: COUNTY OF HALL ) Skarka. The foregoing instrument was acknowledged before me this day of June, 2000 by Larry J. laxmom r-st a V mum CATHLMM.AU.M Mr I;o W od. 22, 2001 REALESTATE /S KARKA. DOT Notary Public