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86105639
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Last modified
10/18/2011 7:01:51 PM
Creation date
3/31/2008 3:14:45 PM
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DEEDS
Inst Number
86105639
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Advancer, if arty. had no acceleration occurred; (b) Borrower ewes all breaches of any other covenants or agreements of Borrower contained in <br />this Dead of Taut; (c) Borrower pays all reasonable eapann incurred by Lender and Trustee in enforcing the covenants and agreements of <br />Borrower contained in this Deed of Trust and in enforce* Lender's and Trustee's remedies as provided in paragraph is hereof, including. but <br />not limited to, reasonable attorney's few and (d) Borrower takes such action as Leader 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 Dad of Trust shall continue <br />hmispatted. Upon such paysst and cum by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full fare and <br />effect as if no acceleration had occurred. <br />W AsiBrswt of watMK Appolo ns al of ■eadves Lander In Peneendon. As additional security hereunder, Borrower hereby assigns to <br />Lestder the. of the Property. provided that Borrower shall, prior to acceleration tinder paragraph 18 hereof or abandonment of the <br />Property, have the nSM to collect and team such raw as they become due and payable. <br />Upon acceleration under paragraph Ig hereof or abandonraetu of the Property, L ender, in person, by agent or by judicially appointed <br />receiver, shad be entitled to enter upon, take possession of and manage the Property and to collect the rents 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 collection of <br />rents, inchWhgh but not limited to, receiver's fen, premiums on receiver's bonds and reasonable attorney's fors, and then to the sums secured <br />by this Deed of Trost. Lender and the receiver shall be liable to account only for those rents actually received. <br />21. Fusm Advances. Upon roquest of Borrower, Lender, at Lender's option, Prior to full reconveyance of the Property by Trustee to <br />Borrower, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Deed of Trust when <br />evidenced by promissory notes stating that said hoses are secured hereby. At no time shall the principal amount of the indebtedness secured by <br />this Deed of Trout, not ind uklinj lams advanced in accordance herewith to protect the security of this Deed of Trust. exceed the original amount <br />of the Note plus U.S. i uu Ulu <br />22. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to reconvey the Property and <br />shall surrender this Deed of Trust and all antes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey 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. SwltaYet- Trafte. 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 retarded in the county in which this Deed of Trust is recorded. Without conveyance of the Property, the <br />successor trmstec shall shhcceed to all the title, power and duties conferred upon the Trustee herein and by applicable law. <br />yes. 111gast far Nedees. 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 furtber 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 to forth herein. <br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust. <br />DANIEL E. ELLIS BORROWER <br />Vii; ry it , . rz!. C" 1� /// <br />DONNA W. EL.LIS BORRJUt' M <br />STATE OF NEBRASKA, HALL County ss: <br />on this 2nd day of �tober , 14 86 , before me, the undersigned, a Notary Public duly <br />commissioned and qualified for said county, personally came Daniel E_Hl l i s and Donna W. Ellis, <br />husband and wife to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be their <br />voluntary no and dad. <br />Witness my hand and notarial seal at Grants I3l arid, Nebraska in said county, the date aforesaid. <br />My Commission expires: / <br />r <br />:Iota AL @am", -stn. + aeMI" - <br />DENRMt L KIMBLE I NO ARY PUBLIC <br />*Iowa 6R Is" 23 1 �41 <br />REQUEST FOR RECONVEYANCE <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 ocher 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 are <br />delivered hereby, and to reconvey. without warranty, ail the estate now held by you under this Deed of Trust to the person or persons legally <br />entitled thereto. <br />Date: - - - -- — <br />(Space Below This Line Reserved For Lender and Recorder) <br />' � Q <br />O <br />n <br />0 <br />—, <br />' � Q <br />O <br />n <br />0 <br />
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