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<br />I
<br />
<br />83_00'2,742
<br />
<br />lhe sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and cure by Borrower. this Deed of
<br />Trust andlhe obligations secured hereby shall remain in full force and elfect asif no acceleration had occurred.
<br />20. Assignment of Rents; Appointment of Receh'erj Lender in Possession. As additional security hereunder. .Borrower
<br />hereby assigns to Lender the rents of the Property. provided that Borrower shall. prior to acceleralion under paragraph I~
<br />hereofor abandonment of the Property, have the right to collect and relain 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 be entitled io enter upon. take possession of and manage the Property and to collen the
<br />rents of the Property including those pasl 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 promissory 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 S
<br />22. Reconveyance. 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 lhis Deed of Trusl
<br />to - Trustee. Trustee shall reconvey the Propetty 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. - Substitute- Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a slIccessor
<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 lrustec 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 default and notice of sale be sent to Borrower's
<br />address which is the Property Address.
<br />
<br />IN WITNESS WHEREOF, Borrower has executed thIS 'ed of Trust.
<br />
<br />
<br />.~(l;f//l/~7' .
<br />B. MCELROY
<br />.1 ) /Y'l1CJf-7QI, _
<br />. yq:J ~Ei.ROY" u, .kt, .
<br />
<br />
<br />--Borrower
<br />
<br />-Borrower
<br />
<br />STATE OF NEBRASKA,. , . . , .HAJ;.L. . . , , . , . . .
<br />On this. .., 1st,." ., . . ,day of. .June, .' 1983.
<br />duly commissioned and qualified for said county, personally came.
<br />'., ,l1cElrpy", ,!j.q~w.p.P. .a.rlC! .~g!".. ., .'
<br />identical person(s) whose name(s) arc subscribed to Ihe forcgoing
<br />thereof to bc, . , . , t\1~;i;r, , , . . , voluntary act and deed,
<br />Witness my hand and notarial seal ;t. .G:t;c,tnd I.sl":r;td! . NE.
<br />date aforesaid,
<br />
<br />. County ss:
<br />before mc, the undersigned. a Notary Public
<br />.. . James .li!.. McElroy. and. Becky,L.. .. .
<br />. , . . , . . . . . . , . . . , ., to me known to be the
<br />instrument and acknowledged the exccution
<br />
<br />. . . . . . . in said county, the
<br />
<br />GENWLNOrMY-sattGl_
<br />KAYE VOLkMER
<br />My Comm. Exp, June 29. 1986
<br />
<br />.....~~.iI:ar~...
<br />
<br />~, . J' . . . Notary Public
<br />
<br />My Commission expires:
<br />
<br />REQUEST FOR RECONVEYANCE
<br />
<br />To TRUSTEE:
<br />
<br />The undcrsigned is the holder of the note or noles sccured by this Deed of Trust. Said note or notcs, togelher
<br />with all other indebtedness secured by this Deed of Trust, have bcen paid in full. You are hcreby directed 10 cancel
<br />said note or notes and this Deed of Trust. which are delivered hercby, and to reconvey, withoul warranty, all the
<br />estate now held by you under this Deed of Trust to the person or persons legally entitled thereto,
<br />
<br />Date:,...,..,.,.,...".,."..,.. .
<br />
<br />(Space Below This Lme Reserved For lender and Recorder)
<br />
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