|
87_ 103628
<br />Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or of Borrows contained in
<br />this Dead 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 lg bared, bivf
<br />not limited to. reasonable attorney's fast; and (d) Borrower takes such action as Lender may reasonably require to astute the the Bea #`tAik,
<br />Dead of Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Try iMB ,
<br />unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in fu8 force and
<br />effect as if no acceleration had occurred.
<br />20. Asdgmmo us Rent; A/poindocat of lit f under Is Poe sal". As additional security, hereunder, Borrower hereby assigns . , to
<br />Ltmder the rents of the Properly, provkled that Borrower shall, prior to acceleration under paragraph 18 hereof or abandommeset of the
<br />Property, have the right to collect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph Ill hereof or abandonment of the Property, Lender, in person, by agent or by judk3aBy
<br />receiver. shall be entitled to niter upon. take possession of and manage the Property and to collect the rants of the Property thane p
<br />due. All rents collected by Lender or the receiver shall be applied first to payment of the cats of management of the Property and eolleathon of
<br />rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and the to the sea secured
<br />by this Deed of Trust. Lender and th, receiver shall be liable to account only for those rents actually received.
<br />21. Falm Advances. Upon request of Borrower, Lender, at Lender's option, prior to full reconveystum of the Property by Trustee to
<br />Borrower, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shag be secured by that Dowd 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 Dad of Trust, not including sums advanced in accordance herewith to protect the security of this Deed of Trust, exceed the original amount
<br />of the Note plus U.S. S -n-
<br />22. 111westweynnoe. Upon payment of all sums secured by this Deed of Trust, tender shall request Trustee to reconvey the Property and
<br />shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee, Trustee shall reeonvey the
<br />Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of
<br />recordation. if any:
<br />23. SubstltNe Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee
<br />appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded. Without conveyance of the Property, the
<br />successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law.
<br />U. Regusst for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's address which is
<br />the Property Address.
<br />25. Borrower further requests the copies of the notice of default and notice of sale be sent to each person who is a party hereto at the
<br />address of such person sot forth herein.
<br />IN WITNESS WHEREOF. Borrower has executed this Deed of Trust. %J
<br />BORROWER
<br />FRANK D. SMUTNEY A/ FRANK D SMUTNY
<br />BOR OWER
<br />DIANE E. SMUTNEY A /K /A DIANE E/ SMUTNY
<br />STATE OF NEBRASKA. HALL _ County ss:
<br />On this H day of _ JUNE Ig 87 before me, the undersigned, a Notary Public duly
<br />commissioned anq qya1ifiedforsaidcounry, p)eerrssoonadlycame CRANK D. SMUTNEY A /K /p FRANK D. SMUTNY AND DIANE E.
<br />SMUTNEY A /1 ?7 AS DIANE E, SMUTNY, HUSBAND AND WIFE ------------------------- Ome known tobethe
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be THEIR
<br />voluntary act and deaf.
<br />Witness my hand and notarial seal at GRAND ISLAND, NEBRASKA _ in said county, the date aforesaid.
<br />My commission expires: •. t all
<br />OT R JJJJrt Jwld�.�rntrtgd�B
<br />with L� BL C
<br />REQUEST FOR RECONYEYANCE
<br />TO TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together with all other indebtedness
<br />secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel said note or notes and this Deed of Trust, which arc
<br />delivered hereby, and to reconvey, without warranty, all the estate now held by you under this Deed of Trust to the person or persons legally
<br />entitled thereto.
<br />Dane:
<br />L
<br />(Space Below This Line Reserved For Lender and Recorder)
<br />M
<br />
|