|
L
<br />86-10037-1
<br />the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and cure by Borrower. this Deed of
<br />Trust and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred.
<br />20.,Asaignment of Rents; Appointment of Receiver: Lender in Possession. As additional security hereunder, Borrower
<br />hereby assigns to Lender the :rents of the Property, provided that Borrower shall, prior to acceleration under paragraph iii
<br />hereof or abandonment' of the Property, have the right to collect and retain such rents as they become due and payable.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by
<br />judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the
<br />rents of the Property including those past due. All resits collected by Lender or the receiver shall be applied first to payment
<br />of the costs Of management of the Property and collection of rents, including, but not limited to, receivers fees, premiums
<br />on receiver's'+ bonds' and reasonable attorney's fees, and then to the sums secured by this Deed of Trust. Lender and the
<br />receiver shall be liable to account only for those rents actually received.
<br />21. Future Advances. Upon request of Borrower, Lender, at Lender's option, prior to full reconveyance of the Property
<br />by Trustee to Borrower, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be
<br />secured,by this Deed of Trust when evidenced by promissory notes stating that said notes are secured hereby. At no time shall
<br />the principal amount of the indebtedness secured by this Decd of Trust, not including sums advan�gc� to accordance herewith
<br />to protect the security of this Deed of Trust, exceed the original amount •f the Note plus US S. 200.• 00. _ ..
<br />22. Reconveyance. Upon payment of all sums secured by this recd of Trust, Lender shall request Trustee to reconvey
<br />the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust
<br />to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally
<br />entitled thereto, Such person or persons shall Pay all costs of recordation, if any.
<br />23. SttbMitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Tr us; is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />the Trustee herein and by applicable law,
<br />24. Request for Notkes. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's
<br />address which is_t rooett iAddress.
<br />Ci7i �tzYDi3Q; t3E> Yc7tdbAG] L�EY3f3r3GjdgiXDCa6] tdEa tt3GaffXaGitYdLXtX�frlcY3FXdE ,16XXaifX7iir�[> 4ti6X
<br />,�x
<br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust.
<br />°.L4 ................... .
<br />( Bill WoodwarF rorrow.r
<br />(Abby Wood yard) — Borrower
<br />STATE OF NEBRASKA)
<br />1 SS.
<br />COUNTY OF Hall )
<br />The foregoing instrument was acknowledged before me this , .1ltr .. . . . .day of. .
<br />January., 19$6, by .Ball, Wcodwar:d.and Abby ,Woodward . . . . . . . . . . .
<br />Witness my hand and notarial seal at. . . .rrari0 .I.5Lalld„ ,Nebra-4 ka . . . . .
<br />�.n said County, the date aforesaid.
<br />�glMlMl tqt K. ST ELK
<br />sslrssM f
<br />MARK D. STEt.K v
<br />NY 0"itt. DO May 1. 1987
<br />Notary Public
<br />My Commission expires:
<br />REQUEST FOR RECONVEYANCE
<br />TO TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this geed of Trust.
<br />Said note or notes, together with all other indebtedness secured by this Deed of Trust,
<br />have been paid in full. You are hereby directed to cancel said note or notes and this
<br />Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the
<br />estate now held by you under this Deed of Trust to the person or persons legally entitled
<br />thereto.
<br />Dater . . . . . . . . . . . . . . . ti
<br />
|