Laserfiche WebLink
� 1 <br /> gg1os�ss <br /> interest for household appliances (c) a transfer by devise, descent or by operation of <br /> law upon the death of a joint tenant or (d) the grant of any leasehold interest of three <br /> years or less not containing an option to purchase, Beneficiary's may, at Beneficiary's <br /> option, declare all the sums secured by this Deed of Trust to be immediately due and <br /> payable. <br /> 12. ACCELERATION UPON DEFAULT, ADDITIONAL REMEDIES. Should <br /> any event of default occur Beneficiary may declare all indebtedness secured hereby to <br /> be due and payable and the same shall thereupon become due and payable without <br /> any presentment, demand, protest or notice of any kind. Thereafter Beneficiary may: <br /> (i) Either in person or by agent, with or without bringing any action or <br /> proceeding, or by a receiver appointed by a court and without regard to the adequacy <br /> of its security, enter upon and take possession of the Trust Estate, or any part thereof, <br /> in its own name or in the name of Trustee, and do any acts which it deems necessary <br /> or desirable to preserve the value, marketability or rentability of the Trust Estate, or <br /> part thereof or interest therein, increase the income therefrom or protect the security <br /> thereof and, with or without taking possession of the Trust Estate, sue for or otherwise <br /> collect the rents, issues and profits thereof, including those past due and unpaid, and <br /> apply the same, less costs and expenses of operation and collection, including <br /> attorneys' fees to the extent allowed by law, upon any indebtedness secured hereby, <br /> all in such order as Beneficiary may determine. The entering upon and taking <br /> possession of the Trust Estate, the collection of such rents, issues and profits and the <br /> application thereof as aforesaid, shall not cure or waive any default or notice of default <br /> hereunder or invalidate any act done in response to such default or pursuant to such <br /> notice of default and, notwithstanding the continuance in possession of the Trust <br /> Estate or the collection, receipt and application of rents, issues or profits, Trustee or <br /> Beneficiary shall be entitled to exercise every right provided for in any of the Loan <br /> Instruments or by law upon occurrence of an event of default, including the right to <br /> exercise the power of sale; <br /> (ii) Commence an action to foreclose this Deed of Trust as a mortgage, appoint <br /> a receiver, or specifically enforce any of the covenants hereof; <br /> (iii) Deliver to Trustee a written declaration of default and demand for sale, and <br /> a written notice of default and election to cause Trustor's interest in the Trust Estate to <br /> be sold, which notice Trustee shall cause to be duly filed for record in the appropriate <br /> Official Records of the County in which the Trust Estate is located. <br /> 13. FORECLOSURE BY POWER OF SALE. Should Beneficiary elect to <br /> foreclose by exercise of the Power of Sale herein contained, Beneficiary shall notify <br /> Trustee and shall deposit with Trustee this Deed of Trust and the Note and such <br /> receipts and evidence of expenditures made and secured hereby as Trustee may <br /> require. <br /> LAW OFFICES <br /> SEILER,rAU�R (a) Upon receipt of such notice from Beneficiary, Trustee shall cause to be <br /> &MONCRIEF,r.c. recorded, published and delivered to Trustor such Notice of Default as then required <br /> 726 EAST SIDE BLVD. <br /> P.O.BOX 188 <br /> HAST'INGS,NE 68902 <br /> (402)4633125 <br /> 4 <br />