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89101934
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Last modified
10/19/2011 10:35:36 PM
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10/20/2005 9:27:18 PM
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DEEDS
Inst Number
89101934
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89--101934 <br />agent or any purchaser following Trustee's sale, foreclosure or <br />under deed in lieu of Trustee's sale or foreclosure, shall be <br />conclusively presumed to have been abandoned by Trustor. <br />.51. Duties of Trustee. Trustor agrees that: <br />(a) The duties and obligations of Trustee shall be <br />..,.-�.�.det6tained solely by the express provisions of this Dee d -. *..f. Trust <br />are: f tee shall not be liable except far,. the performance. Qf such <br />dutcigations as are sgecificall; rat € <br />� er <br />ars:,�za;r <br />'th imis &i+ .a or obligations shall <br />F. : ... <br />"No provision of this Deed of Trust <br />expand or risk its own funds, or otherwise- ndvjr any <br />f r ugial obligation in the performance of any of its duties <br />hereuinder, or in the exercise of any of its rights or powers; <br />(c) Trustee may consult with counsel•of its own choosing <br />and the advice of such counsel shall be full and complete <br />authorization and protection in the respect.of any action taken or <br />suffered by it hereunder in good faith and reliance thereon; and <br />(d) Trustee shall not be liable for any action taken by <br />it in good faith and reasonably believed by it to be authorized or <br />within its discretion or rights or powers conferred upon it by this <br />Deed of Trust. <br />52. Reconveyanae. Upon payment and performance of all <br />indebtedness and all other Obligations secured by this Deed of <br />Trust, Beneficiary shall request Trustee to reconvey the Trust <br />Property and shall surrender this Deed of Trust and all notes <br />evidencing indebtedness secured by this Deed of Trust to Trustee. <br />Trustee shall reconvey the Trust Property without warranty and <br />without charge to the person or persons legally entitled thereto. <br />Such person or persons shall pay all costs ,of recordation., if any. <br />53. Substitute Trustee. Beneficiary, at-- iiw{s opticm, may from <br />time to time remove Trustee and appoint a succe.vslar• tr st-se to any <br />trustee appointed hereunder by an instrument rrevorded 14 the county <br />in which this Deed of Trust is recorded. WitYtae t.' conveyance of the <br />Trust Property, the successor trustee shall sudgmed to all title, <br />power and duties conferred upon Trustee tzarein and by applicable <br />law. <br />54. Request for Notice. Trustor anti -Eene;fic{ ary hereby <br />request that a copy of any notice of default mmi notice of sale <br />made or executed by Trustee pursuant to the pra isions hereof be <br />sent to Trustor and Beneficiary at their respeptive railing <br />addresses set forth below. <br />55. Notice. All notices, demands and requests required under <br />this Deed of Trust and the Note shall be in writing and shall be <br />deemed given and delivered when deposited in the U.S. mail, whether <br />actually received or not, postage prepaid, sent by certified mail <br />with return receipt requested, addressed as follows: <br />(a) If to Beneficiary: American Federal Savings and Loan <br />Association of Iowa <br />601 Grand Avenue <br />Des Moines, Iowa 50309 <br />Attention: Co=eraial Loan Officer <br />If to Trustor: Grand Island. ffeailth, :�'�re, Inc. <br />3100 W. Fa% AIsy Xv&!;.r •s, <br />Grand Islam, 1,, <br />Attention: .Ores it art <br />and to <br />Vetter Holding, Inc. <br />5010 South 118th Street <br />Omaha, Nebraska 68137 <br />D:\LOAtiDOC \HEALTH.DOT <br />April 10, 1989 24 <br />i <br />�f <br />J" <br />-J__ <br />
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