86102232 - Laserfiche WebLink

Browse

the sums secured by this Deed of Trust shall continue unimpaired Upon such payment and cure by Borrower, this Deed of T rust and the obligations secured hereby shall remain in full force and effect is if no acceleranon had occurred. 20. Assignment of Rents; Appointment of Receiver: Lender in Possession. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by judicially appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property inchiding those past due. All rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums or. receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received. 21. Future Advances. Upon request of Borrower, Lender. at Lender's option, prior to full reconvevance of the Property by Trustee to Borrower, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by promissory notes ,tat ;ng that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Deed of Trust, riot including sums advanced ;n accordance herewith to protect the security of this Deed of Tout. exceed the original amount of the Vote plus US 5 500 • 00 . _ . 22. Reconveyance. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to reconvev the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any 23, Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county ;n which this Deed of Tntst is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notice of detault and notice of sale be sent to Borrower's address which is the PrODerty Address, IN WITNESS WHEREOF, Borrower has executed this Deed of Trust. �. ..... .... ._ ........................... — Bcrrower y . .� .. _ .. .. .. _Bcrrower STATE OF NEBRASKA) j SS. COUNTY OF kt The foregoing instrument was acknowledged before ate this . . . . . . . . .day of. . . . . . ., 13. , by . . . . . .. . . . . . . d. . . . . . . . . . . . . . . . . Witness my hand and notarial seal ac. -.. . . . . . . . , .n said County, the date aforesaid. Y . Notary Pu; lic . 6EME1W NOTiiAr - Siva ca ■aa,.au AAfsF?G` fu,l cHf My Commission expires: F. My Gila= Up. ik:t 11), '; u Cf�Q rn i rn ` O n C REQUEST FOR RECONVEYANCE Z O TO TRUSTEE: The undersigned :n the holder of the note or n,ctv_s secured by th:.s Deed .f ....st. ' Said note or notes, together with all other indebtedness secured by th:.s Deed .._ have been paid in full. You are hereby directed to cancel said note or notes and tr.±s Deed of Trust, which are delivered hereby. and to recc'nvey, without warranty, all the ®state now held by }•ou ijndler .nis of!d .,f ,..,s_ thereto. Da to; . . . . . . . . . . . . . . . _ kt