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83000606
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Last modified
11/18/2008 12:49:27 AM
Creation date
11/18/2008 12:48:47 AM
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DEEDS
Inst Number
83000606
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<br />83..... iJtyOEi~~ <br />the sums secured by this Deed of Trust shall conunue unimpaired. L'pon 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. Assignment of Rents; Appointment of Receiver; Lender in Possession As additional security hereunder. Borrower <br />hereby assigns to Lender the reins of the Property, provided that Borrower shall, prior to acceleration under paragraph 15 <br />hereof or abandonment of the Property, have the nght to collect and retain such rents as they become due and payable. <br />Upon acceleranion under paragraph 1F hereof or abandonment of the Property, 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 the <br />rents of the Property including those past due. All rents collected by Lender or the receiver shall be applied firs[ to payment <br />of the costs o[ management of the Property and collection of rents. including, but not limited to, recewer's fees, premwms <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 aciaally received. <br />21. Future Advances. Upon request of Borrower. Lender. at Lender's option, pane to full reconveyance of the Property <br />by Trustee to Borrower, may make Future Advances to Borrower. Such Future Advantts, with interest thereon, shall he <br />secured by this Dced of Trust when evidenced by promissor}° notes staung that said notes are secured hereby. At no time shall <br />the principal amount of the ittdebtedness secured by thts Deed of Trust, not including sums advanced in accordance herewith <br />to protect the security of this Decd of Tntst. exceed the original amount of the Note plus US S <br />22. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee tr• reconvey <br />the Property and shall surrender this Deed of Trust and vIl notes evidencing indebtedness secured by this Dced of Trust <br />to Trustee. Trustee shalt reconvey the Property without warranty xnd without charge to the person or persons legally <br />entitled,thereto. Such person or persons shall pay all costs of recordation, if am. <br />23. Substitute Trustee. Lender, at Lender's option, maq from time to time remove Trustee and appoint a successor <br />trustee to any Trustee appointed hereunder by an mstntment recorded in the county m which this Deed of Trust is recorded. <br />Without conveyance of the Property. the successor trustee shall succeed to ail the title. power and duties conferred upon <br />the Trustee herein and by applicable law. <br />24. Request For Notices. Borrower requests that copses of the notice of default and notice of sale be sent to Borrower's <br />address which is the Property Address. <br />Iy WITNESS WHEREOF-, Borrower has execute thisDeed of Trust. <br />3 <br />„ - \^ <br />DENNIS J. LORA~CE _9orrower <br />f ~J <br />SHARON A. LORANCE -earrower <br />STATE Of NEBRASKA. ...... Hall ...... COURIy 55: <br />On this .. 1:yr~........day of.. Fabyuary... 19.83 before roc, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personall} came .Der~trtis .T. Lorance and Sharon .A. <br />.. Lorancer. Husband and Wife _ , , .... _ . „ to me known to be the <br />identical person(s) whose name(s) are subscrihcd let [hc forr~omg instrument and acknowledged the execution <br />thereof [o be . ,their .. , voluntary act and deed. <br />Witness my hand and notarial seal at..... Grand Island, -Nebraska ~ .in said county, the <br />date aforesaid. <br />f fr <br />My Commission expires: ,~ <br />t ~ M1atdry Public <br />Mtt Cantu. E><P• June 29,19E6 <br />REQUEST F=OR RECUNVEY'.ANCE <br />TO TRUSTEE: <br />The undersigned is the holder of the note or notes secured by flits Decd of Trust. Said ntxe or notes, together <br />with alt other indebtedness secured by thts Deed of Trust, have txen paid in full. You are hereby directed to cancel <br />said note or notes and this Deed of Trust, which are dcln^ered hereby, and to reconvey, a^ithout warranty^, all the <br />estate now held by you under this Decd of Trust to the pcnun or persons legally entitled thereto. <br />Date :............................ ............................... <br />!Saxe aeiaw Tn~s l^ne Reservetl For Cenaer and Fecoraerl <br />
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