|
71
<br />A
<br />•
<br />ffi
<br />-1
<br />V
<br />n
<br />r1
<br />Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in
<br />this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and agreements of
<br />Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in paragraph 18 hereof, including, but
<br />not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this
<br />Deed of Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trust shall continue
<br />unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full fora and
<br />effect as if no acceleration had occurred.
<br />20. Arsitan eat of Rents; Appotatuant of Receiver; Leader In Poaadon. As additional security hereunder, Borrower hereby assigns to
<br />Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the
<br />Property, have the right to collect and retain such rents as they became due and payable.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent of by judicially appointed
<br />receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the tents of the Property including those past
<br />due. All rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and correction of
<br />—
<br />rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sans secar;d
<br />by this Dad of Trust. Lender and the receiver shall be liable to account only for those reins actually received.
<br />21. F atate Advances. Upon request of Borrower, Lender, at Leader's option, prior to full reconveyance of the Property by Trustee to
<br />Borrower, may make Future Advances to Borrower. Such Future Advances, with i thereon, shall be sensed by this Deed of Trust when
<br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by
<br />this Deed of Trust, not including sums advanced m accordance herewith to protect the security of this Dad of Trust, exceed the ongind amount
<br />of the Note plus U.S. S C
<br />22. Recoeveyanee. Upon payment of all sums secured by ;his Dad of Trent, Lender shaft request Trustee to reconvey the Property and
<br />shall surrender this Deed of Trust and all notes evidenring indebtedness seined by this Deed of Trust to Trustee. Trustee shall reconvey the
<br />Property without warranty and within charge to the parson or persons legally entitled thereto. Such person or persons shall pay a@ ousts of
<br />recordation, if any:
<br />23. Substitute Tnstee. Lendr , at Leadee's option, may from time to time remove Trustee and appoint a success" trustee to any Trustee
<br />appointed hereunder by an mstrtunmt recorded in the county in which this Deed of Trust is recorded - Without conveyance of the Property. the
<br />suer trustee shall succeed to all the tick, power and dudes conferred upon the Trustee berein and by applicable law.
<br />24. Request for Notices. Borrower requaus that copies of the notice of defame and notice of sale be sent to Borrower's address wisdr is
<br />the Property Address.
<br />—.
<br />25. Borrower further requests that copies of the notice of defan@ and notice of sale be seat to each person who is a party hereto at the
<br />address of such person set forth badn.
<br />IN WITNESS WHEREOF, Borrower has executed this Deed of Tntst_
<br />BORROWER
<br />STATE OF NEBRASKA Hall Countyss:
<br />On this Ist day of April , 19 67 . before me, the undersigned, a Notary PubBc duly
<br />-
<br />commissioned and qua4ified for said county, personally came Larry D. Schuppan. a sinole person
<br />-
<br />--------------------------------------------------------------- ,tometmowatobethe
<br />-`
<br />s
<br />identical persos(s) whose name(s) art subscribed to the foregoing instrument and ackuo b dged theesmmon thereaf rr he Ms
<br />voluntary act and dmd
<br />Grand Island, Nebraska Witom my hand and notarial seal at in said county, the daft aforesaid
<br />my Commission expire: rc oZa1 (C(�
<br />i�
<br />A
<br />" PUBLIC
<br />REQUEST FOR RECONVEYANCE
<br />TO TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Dad of Trust. Said note at notes, together with an other indebted=ss
<br />secured by this Deed of Trust, have been paid in fu1L You are hereby dkeaW to cancel said note or notes and this Dad of Trust. which are
<br />delivered berrby, and to reconvey, without warranty, all the estate now held by you under this Deed of Trust to the person or persons hey
<br />entitled thereto.
<br />Diu:
<br />(Space Below Thu Line Reserved For Lender and Recorder)
<br />r"
<br />3
<br />o'
<br />1
<br />w
<br />3
<br />_
<br />-.
<br />Z
<br />
|