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89102448
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Last modified
10/20/2011 12:35:06 AM
Creation date
10/20/2005 9:32:45 PM
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DEEDS
Inst Number
89102448
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QPM <br />r <br />L <br />i <br />4' <br />_ t <br />59-102448 <br />Each party to this Trust Deed requests that a copy of any notice of default and a copy of any notice of sale <br />hereunder be mailed to each such party at the address set forth herein, as provided by the Nebraska Trust <br />Deeds Act." <br />And in the event of the foreclosure of this Deed of Trust, Trustor covenants and agrees to pay the cost of ex- <br />tending the abstract of title or obtaining a certificate of title from the date of recording this Deed of Trust to the <br />date of filing suit, and upon failure of said party to do so, all money so advanced by Trustee shall bear interest <br />attherateof 18.000 percent per annum and shall be secured by this indenture. In addition, Trtstoragrees <br />to pay a reasonable attorney's fee for the prosecution of a foreclosure action, which shall be added to the prin- <br />cipal balance at the time a foreclosure decree is entered or shall be paid by the Trustor if Trustee agrees that <br />the default maybe cured after the institution of a foreclosure suit. <br />The Trustee shall have the right to release with or without consiidrdr3�J� r� credit on the indebtedness hereby <br />secured, any part of the property herein described by adequate legal instrument without regard to the existence <br />of any junior encumbrance and wiltmilt the consent of such junior encumbrancer, a6 f such release shall have <br />no further effect upon the rank, lien or estate cc.#sebyed hereby or against the Trustee th4h ist emir, expressed. <br />Beneficiary may at anytime and from time to time appoint a successor Trustee by filing h3r'r*-=rd.in each county <br />where the trrsst property or part thereof is located a notice of. Substitution of Trustee. <br />in the eve 'ot -te.. tide real property herein described, or any portion thereof or any irtere it.thereirt Is a >sold, mort <br />gaged or ciar,v g,e +n4, or. becomes subject to an agreement to sell or convey, prior to litir-iirrr4 ti�i�.' irdebtedness <br />secured he -shall have been paid in *full, then the entire indebtedness secured liV tir't trust Deed shall at <br />the option of -tie Beneficiary become due and payable. <br />That if the property, or any part thereof, be condemned under any power of eminent domain, or acquired for <br />;r itlic use, the damages, proceeds, and the consideration for such acquisition, to the extent of the full amount <br />ct indebteidnet;s upon this Trust Deed and the Note secured hereby remaining unpaid are hereby assigned by <br />Trustor to the holder of said Note and Trust Deed and shalt tFe� paid forthwith to said holder to be applied by it <br />firstly to the pe;imQntof'en f expenses said holder may incur in the condemnation proceeding, and secondly on <br />the indebtednesom secured hereby in such manner as it elects, or the amount so received or any part thereof <br />may be re.les -00 by the said Beneficiary. <br />r .t; <br />Beneficiary may within threern46 ritK3'a4r the sale of the property under this Trust Dmd:.,,zue Trustar in an action <br />fur recovery of any balance due, including interest from the date of sale, the costs and expense's of exercising <br />the. power of sale, and of the sale, upon this obligation which was not retired and paid by the proceeds of the <br />sale ofthe same. <br />Any partial release or subordination agreement shall only be executed by the Trustee on the written direction <br />of Beneficiary, evidenced by his joinder in such instrument. <br />Upon written notice from the Beneficiary that the debt secured hereby has been paid in full, evidenced by joinder <br />of the Beneficiary in the full release document, Trustee shall reconvey, without warranty, the estate in the prop- <br />erty then held by the Trustee. <br />Whenever the word he, his or him is used herein, such word shall also mean and include the words she, they, <br />it, hers. their br them, and the singular shall likewise mean and include the plural, aM the words heirs shall. <br />also mean Imrsonal representatives and successors in intaresi bye vdiat$ �ar right, as 41 a context indicates. <br />7 <br />
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