|
In
<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. Assistsatent of Rents; Appointment of Receiver, Lender In Pomeasion. As additional security hereunder, Borrower
<br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18
<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 he 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 rents 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, receiver's 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 ppromissory notes stating that said notes are secured hereby. At no time shall
<br />the principal amount of the indebtedness secured by this Deed of Trust, not including sums advanced in accordance herewith
<br />to protect the security of this Deed of Trust, exceed the original amount of the Note plus US $
<br />22. Reconveysace. Upon payment of all sums secured by this Deed 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. Subakute 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 Trust 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 Notices. Borrower requests that copies of the notice of defauii and police of sale be sent to Bcrrawer's
<br />address which is the Property Address.
<br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust.
<br />MAPES A1Y� 5OMPr4'NYTA NEBRASKA PARTNERSHIP
<br />,.., .
<br />Aa�pi1 J . Mapes ' " - Borrower
<br />By:
<br />. � ... ...........................
<br />W i I l i a to n i �!
<br />B ` ' I /X "/' !� Bruce Ma es
<br />STATE OF NEBRASKA........ Lancaster. , .....' , n
<br />On this .... LSt ......... day of.. April ......... 19.$5., before me, the un rsigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came. Rd,lO J,, MAReS..WlI1.i,a1t1 .Cintard., ...
<br />anti RruCt? Mapes . .. . . . .. . . . . . .. ....... . .. to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be ................ voluntary act and deed.
<br />Witness my hand and notarial seal at ..... ....Lincoln in said county, the
<br />date aforesaid. �/
<br />MyCormlit! i eoirps•
<br />t
<br />.... .. ... ... .. .. .... .. .. .. .. ...
<br />Notary Public
<br />�a�r REQUEST F RECONVEYANCE
<br />TO A RUSTQE t
<br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together
<br />with all other indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel
<br />said note or notes and this 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 thereto.
<br />Date:............................ ....................... ...............................
<br />1jtl Sbace Below This Lin! Reserved rOr Lender and Recorder)
<br />rr)
<br />V)
<br />L
<br />S M t)
<br />•l
<br />!
<br />N
<br />.
<br />.
<br />,tl
<br />I�
<br />�
<br />as
<br />L."
<br />
|