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<br />86- 107050
<br />Advances. if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower ctmtaine d 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 taker 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 />. Ups such payment and care by Borrower, this Deed of Trust and the obligation secured hereby shall remain in full force and
<br />effect as if no acceleration had occurred.
<br />W Asipwoent of Re■le; Ap/akenew of Itsedwo Leader Fesseesioa. As additional security hereunder, Borrower hereby assigns to
<br />Linder the rem ''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 become due and payable.
<br />Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender, in person, by agent or by Judicially appointed
<br />receiver, shall 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. AN rem collected by Lander or the receiver shall be applied first to payment of the costs of management of the Property and collection of
<br />rem, inch, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured
<br />by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received.
<br />21. Relate Advowes. Upon request of Borrower, Lender, at Leg's option, prior to full recohveyance 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 a hen
<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 Dead 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 6,000,00
<br />22. Bseanv j oece. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to reconveey 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 recohvey the
<br />Property without warranty and without charge to the person or persons Iegally entitled thereto. Such person or persons shall pay all costs of
<br />recordation, if any:
<br />23. Subed ale Trrus6m 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 tick, power and duties conferred upon the Trustee herein and by applicable law.
<br />U. Jhqued 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. Borrows further requests that 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 set forth herein.
<br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust.
<br />'err ultz RRO -
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<br />Linell-'S. Schultz BORRONVER
<br />STATE OF NEBRASKA. 'BALL County ss:
<br />On this 8th day of December .19 86 , before me, the undersigned, a Notary Public duly
<br />oomnhiseiogd and qualified for said county. personally came JERRY L. SCHULTZ AND I TNFI 1 S- !;C'H111 T7, hit--h,-anti
<br />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 act and deed.
<br />Witness my hand and notarial seal at Grand Island. Nehrask a in said county, the date aforesaid.
<br />My Commission expires: ca ri t 7 t' t
<br />E �
<br />4-0-TX R PUB IC
<br />REQUEST FOR RECONVEYANCE
<br />TO TRUSTEE:
<br />The undeff pied is the holder of the note or rites 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 gel said note or notes and this Deed of Trust, which are
<br />delivered hereby. and to recotnvey, without warranty. all the estate now held by you under this Deed of Trust to the person or persons legally
<br />entitled thereto.
<br />(Space Below This Line Reserved For Lender and Recorder)
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