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200600438
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Last modified
1/18/2006 8:46:02 AM
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1/18/2006 8:46:01 AM
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DEEDS
Inst Number
200600438
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<br />200600C'38 <br /> <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security heremlder, <br />Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under <br />paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become <br />due and payable. <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or <br />by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the Property and to <br />collect the rents of the Property including those past due. All rents collected by Lender or fue receiver shall be <br />applied first to payment of the costs of management of the Property and collection of rents, including, but not limited <br />to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this <br />Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received. <br />20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this <br />Deed of Trust to Trustee. Trustee shall reconvey tlle Property without warranty and without charge to the person or <br />persons legally entitled fuereto. Such person or persons shall pay all costs of recordation, if any. <br />21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrunlent recorded in the county in which this Deed of <br />Trust is recorded. Wifuout conveyance of the Property, the successor trustee shall succeed to all the title, power and <br />duties conferred upon fue Trustee herein and by applicable Jaw. <br />22. Request for Notices. Borrower requests that copies of the notiec of default and notice of sale be sent to <br />Borrower's address which is the Property Address. <br />23. The following Riders are to be executed by Borrower [eheck box as applicable]: <br /> <br />o Adjustable Rate Rider <br />D Balloon Rider <br />o 1-4 Family Rider <br /> <br />D Condominium Rider <br />o Planned Unit Development Rider <br />D Biweekly Payment Rider <br /> <br />o Second Home Rider <br />GJ Other(s) [specify] <br /> <br />NEBRASKA - SECCND MCRTGA.G: - 1/80 <br />3828 - AS AMB\lDED FeR MERS <br /> <br />Page 6 of 8 <br /> <br />DocMsgic t::!fP0Jl'U'iliJIIij 80M49-1362 <br />www.doctna!ic.com <br /> <br />N8828.rrcln tern <br />
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