<br />83- 002777
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<br />r
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<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. Assignment'of-Rents; Appointment of Receiver; . Lenderln Possession. As additional security hereunder, Borrower
<br />hereb)' assigns to Lendertherent~oftheProperty, provided that Borrower shall, priono acceleration underparagraph.18
<br />hereoforabandonm~nt 'of the Property; have the right to coU,ect and retain such rents as they become'dueand'payable.
<br />Upbn acteleration.under paralP'aph 18' hereof or abandonment of the Property, Lender, in person, by agentor'.by
<br />judiciallyai'Pilintedreceiver, shaUbe entilledtoenter upon, take possession of and manage the Property and tocollectthe
<br />rent8,oftbeProperty inCludingthosepastdiJe, Allreilt~ collectedby.Lend~r or thereceiye~ shall beaPl'lied lirst topaYr;nent
<br />of'tbe'costs'ofmallagementofthePropertyandcoUect,on of rents, mcludmg, 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 />receivershaU lJ\!liabletoaccount only'for those rents actually received.
<br />2kFntUreAdvanees;Up<mrequest of Borrower, Lender, at Lender's option(prior to full reconveyance of the Properry
<br />by Trustee to 'BorroWer, may make Future Advances to Borrower. Such Future Advances, with interest thereon,shall.lJ\!
<br />secured by this Deed of Trust when evidenced. by promissory notes statingthat.said notes are.securedhereby, At no time' shall
<br />thepriilcipaJ ali1<mntof the indebtedness secured by this i)eed of Trust, notincludingsums advanced' in, accordance herewith
<br />to protecttbe,securityofthis Deed of Trust, exceed the original amount of the Note plus US $,. ..J.,OR,QQ...Q!J u,'
<br />22, Reconveyance; Upbn 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 />entitledthereto: . Suohperson or persons shall pay all costs of recordation, jf any. '
<br />23;.Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a soccessor
<br />trusteetl> any Trustee appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded.
<br />Without'CQnveyance of the Property, the successor . trustee shaU succeed to all the title, power and duties conferred. upon
<br />the Trustee,hereinandby applicable law.
<br />24, Reque5fforNolices. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's
<br />addresswllich is tbeProperty Address.
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<br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust.
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<br />. ,A~~<~'I..~, ..~~...............
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<br />Dwight M!' ;flipsen Y' ~,; -Borrow.,
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<br />-Borrower
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<br />STATE OFNEBRASKA,. . '" .. . .Rall. . .., . ... . . . . . , . . ., . . . . . , . . . County ss:
<br />On this , . .lst- , . . . . . . . . day of. . ' . . June . . , . . ., 19. 83., before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came. . . . . . . . . . . . . . . . . . . . , . . . . , , . . , . , . . . . . . , .
<br />P.~.i,g1:).t;..~,.. .P.f.l:~I?\l~~>..~ .~~t)8~~. p~z:~q>:l................................., to me known to be the
<br />identical person(s) whose name(s) are subscrilJ\!d to the foregoing instrument and acknowledged the execution
<br />thereof to be, \1:t .s. . , , . . . . . . . . voluntary act and deed.
<br />Witness my hand and notarial seal at. , . .. . .Grand. Island,. Nebraska.. , . . , . . . , ., . in said county, the
<br />date aforesaid.
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<br />My Commission expires:
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<br />To T!l.USTBE:
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<br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notcs, together
<br />withaJlother indebtedness secured by this Deed of Trust. have been paid in full, You are hereby directed to cancel
<br />said nQte Qr notes and this Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the
<br />estlltenow. held by you u.llder this Deed of Trust to the person or persons legally entitled thereto.
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<br />J;~No~ .,
<br />COtvtv ~ . SIo~
<br />1f}>Qr",II/:'SGt1~~~ FOR
<br />11,1_
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<br />.,
<br />.. ';..?'?'.~.'. .,.':-.. . ,\.c:k,~,__;..,..,....
<br />Notary Public
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<br />RECONVEYANCE
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<br />Dl\~e: .. . , . . . .. . , . . . . . . . . . . . . . . , . .
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<br />(Space _Selow This-line Re5orv,ed: fQr Lendet <tnd Re-coraer)
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<br />We are an 1tq,U81 ElllploJlllE'nt opponunJ.tyfAfflrmat1v" Action Employ"" MfF.
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