My WebLink
|
Help
|
About
|
Sign Out
Browse
200105298
LFImages
>
Deeds
>
Deeds By Year
>
2001
>
200105298
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 5:10:57 AM
Creation date
10/20/2005 8:56:36 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200105298
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Ub /b4/2001 14:30 308- 234 -4218 TVRDIK LAW OFFICE PAGE 05 <br />200105298 <br />subject premises or any part thereof, he shall forthwith obtain the written consent of Beneficiary to <br />such sale or encumbrance while any sums remain due on the Note secured by this Trust Deed. Should <br />Trustor sell or encumber any part of the subject premises or any interest therein to any third parry, or <br />enter into an agreement to sell, encumber, or create an interest in a third person in the Property without <br />the written consent of Beneficiary, other than the granting of a lease to a third party or should Trustor <br />permit any part of the subject premises or any interest therein to become subject to a lion of any kind <br />without the written consent of Beneficiary, Beneficiary, at Beneficiary's option, can declare the entire <br />indebtedness remaining due and unpaid immediately due and payable, and exercise any remedies <br />available under the provisions of this Trust Deed. Consent to one such transaction shall not be <br />deemed to be a waiver of the right to require such consent to future or successive transactions. If this <br />Trust Deed or the Note secured hereby provides any penalty for prepayment of any indebtedness <br />secured hereby, Trustor agrees to pay said penalty if any of said indebtedness shall be paid prior to <br />the due date thereof stated in said Note or this Trust Deed, even if and notwithstanding Trustor shall <br />have defaulted in payment thereof, or in performance of any agreement hereunder, and Beneficiary, <br />by reason thereof, shall have declared all slims secured hereby immediately due and payable. <br />12. Assiltgment of Rents. As additional security, Trustor hereby assigns to Beneficiary the rents of the <br />Property, provided that Trustor shall, prior to acceleration hereunder or abandonment of the Property, <br />have the right to collect and retain such rents as they become due and payable. On acceleration as <br />provided hereunder or Trustors' abandonment of the Property, Beneficiary, in person or by agent or <br />by a judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the <br />Property and collect the rents and products of the Property. All rents and products collected by <br />Beneficiary or the receiver shall be applied first to payment of costs of managing the Property and <br />collection of rents and products, including, but not limited to, receiver's fees, premiums on receiver's <br />and applicant's bonds, and, if allowed by law, reasonable attorney's fees, and then to sums secured <br />by this Trust Deed. <br />13. Successor Trustee. Beneficiary, at Beneficiary's option, may from time to time appoint a successor <br />Trustee by filing for record in the office of the Register of Deeds of Hall County, Nebraska, a <br />substitution of Trustee in the form provided by Nebraska statutes. From the time the substitution is <br />filed for record, the new Trustee shall succeed to all the powers, duties, authority and title of the <br />Trustee named in the Trust deed and of any prior successor Trustee. <br />14. Trustee's Duties. Trustor acknowledges that: <br />(a) The duties and obligations of Trustee shall be determined solely by the express provisions of <br />this Trust Deed, and the Trustee shall not be liable except for the performance of such duties <br />and obligations as are specifically set forth herein, and no implied covenants or obligations <br />shall be imposed upon Trustee; <br />PAGE 5 OF I I PAGES <br />
The URL can be used to link to this page
Your browser does not support the video tag.