My WebLink
|
Help
|
About
|
Sign Out
Browse
200105648
LFImages
>
Deeds
>
Deeds By Year
>
2001
>
200105648
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 5:32:20 AM
Creation date
10/20/2005 9:02:04 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200105648
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
3
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
200105648 <br />2 <br />impair the value of the Property by any act or omission to act; and to comply with all <br />requirements of law with respect to the Property. <br />6. Condemnation. That in the event the Property, or any part thereof, shall be <br />taken by eminent domain, the Borrowers are empowered to collect and receive all <br />compensation which may be paid for any property taken or for damages to property not <br />taken, and shall apply such compensation, at Borrowers' option, either to a reduction of the <br />indebtedness secured hereby or to repair and restore the property so damaged; provided, <br />however, that Borrowers shall not be required to apply such funds against the <br />indebtedness if the amount then owing is less than the remaining fair market value of the <br />security. <br />7. Performance by Lenders. That Lenders may, but shall have no obligation, <br />to do any act which the Borrowers have agreed but fail to do, and Lenders may also do any <br />act they deem necessary to protect the lien hereof. Borrowers agree to repay, upon <br />demand, any sums so expended by the Lenders for the above purposes, and any sums <br />so expended by the Lenders shall be added to the indebtedness secured hereby and <br />become subject to the lien hereof. Lenders shall not incur any personal liability because <br />of anything they may do or omit to do hereunder. <br />8. Notice. Any notice to Borrowers provided for in this Deed of Trust or by <br />applicable law shall be given by mailing by certified mail, return - receipt requested, <br />addressed to Borrowers at the address as set out on the first page hereof, or at such other <br />address as the Borrowers shall designate by notice to Lenders in writing; any notice to <br />Lenders or Trustee shall be given by certified mail, return - receipt requested, to Lenders' <br />or Trustee's address, respectively, as set out in the first page hereof or to such other <br />address as the Lenders or Trustee may designate by notice to Borrowers. Notice shall be <br />deemed to be given when mailed. <br />9. Assignment of Rents. As additional security hereunder, Borrowers hereby <br />assign Lenders the rents of the property, provided that Borrowers shall have the right to <br />collect and retain such rents prior to default hereunder. Upon default and acceleration, <br />Lenders shall be entitled to enter upon, take possession of, and manage the property and <br />collect rents and apply the same to the indebtedness. Such collection may be in person, <br />by agent or duly appointed receiver. <br />10. Miscellaneous Covenants. Lenders and Borrowers agree as follows: (a) that <br />Borrowers have received a copy of the Note and this Deed of Trust at the time of <br />execution; (b) any forbearance in exercising any right or remedy shall not be a waiver <br />thereof; (c) all remedies herein are distinct and cumulative to any other right afforded by <br />law or equity, and may be exercised concurrently, independently or successively; (d) the <br />covenants and agreements contained herein shall bind, and the rights inure to, the <br />respective successors and assigns of the <br />Borrowers and the Lender; (e) all covenants and agreements of the Borrowers are joint <br />and several; and (f) the headings of the paragraphs of this Deed of Trust are for <br />convenience only and shall not be used to interpret or define the provisions hereof. <br />11. Acceleration; Remedies. Upon Borrowers' breach of any covenant or <br />agreement of Borrowers in this Deed of Trust, including the covenants to pay when due <br />any sums due by this Deed of Trust, or upon any default under the Note, Lenders may, at <br />Lenders' option, declare all sums secured by this Deed of Trust to be immediately due and <br />payable without further demand and may invoke the power of sale and any other remedies <br />permitted by applicable law. Lenders shall be entitled to collect all reasonable costs <br />incurred in pursuing their remedies, including but not limited to Trustee fees and a <br />reasonable attorney fee. <br />12. Power of Sale. The Trustee named herein is hereby given the Power to Sell <br />the property described herein in the manner provided in the Nebraska Trust Deeds Act. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in <br />which the Property or some part thereof is located and shall mail copies of such notice in <br />
The URL can be used to link to this page
Your browser does not support the video tag.