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200510064
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200510064
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10/11/2005 2:06:28 PM
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10/11/2005 2:06:27 PM
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DEEDS
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200510064
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<br />'. <br /> <br />200510064 <br /> <br />Loan Number:9302233925 <br /> <br />18. Borrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of <br />Trust due to Borrower's breach, Borrower shall have the right to have any proceedings begun by Lender to enforce this <br />Deed of Trust discontinued at any time prior to the earlier to occur of (i) the sale of the Property pursuant to the power <br />of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed of Trust if: (a) Borrower pays <br />Lender all sums which would be then due under this Deed of Trust and the Note had no acceleration occurred; (b) <br />Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of Trust; ( c) <br />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 <br />17 hereof: including, but not limited to, reasonable attorneys' fees; to the extent permitted by applicable law, and (d) <br />Borrower takes such action as Lender may reasonably require to assure that the lien of this Deed of Trust, Lender's <br />interest in the Property and Borrower's obligation to pay the sums 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 <br />remain in full force and effect as ifno acceleration had occurred. <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder, <br />Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration undcr <br />paragraph 17 hereof or abandonment of the Property, have the right to collect and retain such rents as they become due <br />and payable. <br />Upon acccleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by agent or by <br />judicially appointed receiver shall be entitled to entcr 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 <br />fees, 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. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to <br />reconvey 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, ifany. <br />21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of <br />Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and <br />duties conferred upon the Trustee herein and by applicable law. <br />22. Request 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 /> <br />REQUEST FOR NOTICE OF DEFAULT <br />____________M____ AND FORECLOSURE UNDER SUPERIOR----------------- <br />MORTGAGES OR DEEDS OF TRUST <br /> <br />Request is hereby made that a copy of any notice of default and a copy of any notice of sale under the deed of trust <br />filed for record and recorded in Book , Page <br />or , Records of HALL County, Nebraska, executed by <br /> <br />as Trustor, in which <br /> <br />is named as bcneficiary <br />and as Trustee, be mailed to <br />at <br /> <br />Nebmska <br />Fonn 3828 <br /> <br />Initials: f~ KJ <br />~ <br />
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