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i <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. A-, additional security hereunder, <br />Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under <br />paragraph 1' hereof or abandonment of the Property. have the right to collect and retain such rents as they become due <br />and payable. <br />Upon acceleration under paragraph 1' hereof or abandonment of the Pror__rty. Lender, in person. by agent or by <br />judicially appointed receiver shall be entitled to enter upon. take possession of and manage the Property and to collect <br />the rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied first to <br />payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees. <br />premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust. <br />Lender and the receiver shall be liable to account only for those rents actually received. <br />20. Recomveyance. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to <br />reconvev the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this <br />Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or <br />persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. <br />21. Substitute 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 <br />recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties <br />conferred upon the Trustee herein and by applicable law. <br />22. Raquest for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to <br />Borrower's address which is the Property Address. <br />REQUEST FOR NOTICE OF DEFAULT <br />AND FORECLOSURE UNDER SUPERIOR <br />MORTGAGES OR DEEDS OF TRUST <br />Borrower and Lender request the holder of any mortgage. (iced of trust or other encumbrance with a lien which has <br />priority over this Deed of Trust to give Notice to Lender. at Lender's address set forth on page one of this Deed of Trust. <br />of any default under the superior encumbrance and of any sale or other foreclosure action. <br />IN WITNESS WHEREOF. Borrower has executed this shed of Trust. <br />r. <br />.... . <br />Kenneth W. Place .. _g®„o,�, <br />�...._. ................. tic.. . <br />STA -rE OF NEBRASKA, .......Ball ............................ County ss: <br />On this .. , , , . 23rd, .. , . • • • . • day of. pril. • .... • , . q85 before me. the undersigned, a Notary Public <br />dul c gris�ionec� anc�ualitied for said county, personally came..e . e .. W. Place and Rita .. Place <br />us an an 41 e ............ to me known to be the identical persontsl whose namelsl are subscribed to the <br />. <br />foregoing instrument and acknowledged the execution thereof to be. . * their ..... . .. • • .. , , .. • voluntary act and deed. <br />WITNESS my hand and notarial seal at . . ... ..........Grand Island ..................... . .... , . • ... in said county. the <br />date aforesaid. <br />My Commission expires: <br />DENISE KAY LOWRY <br />GENERAL NOTARY State ofNebr. <br />My Comm. Exp. Aug. 25, t9e7REQUEST 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 <br />all other indebtedness secured by this Deed of Trust. have been paid in full. You are hereby directed to cancel said note <br />or notes and this Deed of Trust. which are delivered hereby. and to reconvey, without warranty. all the estate now held <br />by you under this Deed of Trust to the person or persons legally entitled thereto. <br />.� @! <br />Date:. ... . <br />1'iO4:e $M* 140; t.:ne ReWived Fnr I.rtidei and Re(o det i <br />�i <br />d. <br />