Laserfiche WebLink
85-- 000569 <br />Advances, if any, had no acceleration occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained 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, bur <br />not limited to, reasonable attorney's fees; and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this <br />Decd of Trust, Lender's interest in the Property and Borrower's obligation to pay the sutras secured by this Deed of Trust shall continue <br />unimpaired. Upon such payment and cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full force and <br />effect as if no acceleration had occurred. <br />26, AnignooM of Rears; Appointment of Receive; Lender is Possession. As additional security hereunder, Borrower hereby assigns to <br />Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandonment of the <br />Property, have the tight 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 />giver, 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. All rents colleted by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of <br />rents, including, 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 Deal of Trust. Lender and the receiver shall be liable to account only for those rents actually received. <br />21. Futaee Advances. Upon request 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 noes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by <br />this Deed of Trust, no 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. $ R, 75nf) On <br />22. Recoaveyaaee. 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 notes 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. SubstituftTirnme. 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 />28. Regaat for Nedees. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's address which is <br />the Proper[ Address. <br />2MA[drd mer further requests that Cop es of the notice of default and notice off sz'e <br />be sen to each person who is a party es at the address of such person set ort� <br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust. . herein. <br />ABC ENGINEERED TRU5SES, Inc. <br />BORROWER <br />Antes By: <br />Jafet O.N. Benson, Secretary I a son, o ER rest dent <br />STATE OF NEBRASKA, _ Hall County ss: <br />On this 4th day of FP6rua r tq . 85 before me, the undersigned, a Notary Public duly <br />commissioned and qualified for said county, personally came .__ F I D OII_ I _ BENSON, PRESIDENT OF ABC ENGINEERED <br />MISSES - INC to me known to be the <br />identical s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be <br />voluntary act and deed. Grand Island <br />Witness my hand and notarial seal at in said county, the date aforesaid. <br />My Commission expires: <br />tt aMUNI -owed ttsltals � �� ter' <br />pip t NU'rARY P BLIC <br />91 00st, ER N1t 2% 1W <br />REQUEST FOR RECONVEYANCE; <br />TO TRUSTEE: <br />The undcrirignard is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together with all other indebtexiness <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, all the estate now held by you under this Deed of 'Vrust to the person or persona legally <br />entitled thereto. <br />(Space Below This Line Rnerved For Lender and Recorder) <br />IN <br />Tal <br />i�»i <br />