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200704125
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200704125
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Last modified
5/22/2007 10:49:45 AM
Creation date
5/22/2007 10:49:43 AM
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DEEDS
Inst Number
200704125
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<br />200704125 <br /> <br />notice of substitution shall be sufficient if made in substantially the following <br />form, or as may be then required in accordance with Nebraska law at that time: <br /> <br />Substitution of Trustee <br /> <br />(insert name and address of new trustee) <br /> <br />is hereby appointed successor trustee under the trust deed executed by............... <br />as trustor, in which .............. is named beneficiary and ............... as trustee, and <br />filed for record ........, 20...., and recorded in book ......, page ........ (or computer <br />system reference ........), Records of ......... County, Nebraska. The trust property <br />affected is legally described as follows: [legal description of property] <br /> <br />Signature <br /> <br />44.4. ApPLICATION OF PROCEEDS. In accordance with Nebraska Revised <br />Statute 976-1011, as it may be revised, the Trustee shall apply the proceeds of the <br />Trustee's sale, first, to the costs and expenses of exercising the power of sale and <br />of the sale, including the payment of the Trustee's fees actually incurred not to <br />exceed the amount which may be provided for in this Deed of Trust, second, to <br />payment of the obligations secured by this Deed of Trust, third, to the payment of <br />junior trust deeds, mortgagees, or other lienholders, and the balance, if any, to the <br />person or persons legally entitled thereto. <br /> <br />44.5. REQUEST FOR NOTICE. Grantor requests that a copy of any notice of <br />default and notice of sale be mailed to Grantor at the mailing address set forth in <br />the first paragraph hereof in the manner provided for in the Loan Agreement or as <br />otherwise prescribed by applicable law. <br /> <br />[NO FURTHER TEXT ON THIS PAGEl <br /> <br />23 <br />
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