83006405 - Laserfiche WebLink

Browse

r 83...... OL!f)405 F. r Trustor covenants and agrees that upon any conveyance, assignment or transfer of his interest in the premises during the term of the loan secured hereby, the Beneficiary shall have the option of declaring the unpaid balance immediately due and payable, and if said sum remains unpaid for thirty (30) days thereafter, Beneficiary can cause Notice of Default to be given and the premises to be sold as provided herein. G. As additional and collateral security for the loan and effective forthwith upon filing of a Notice of Default, this instrument shall serve as an a~signment by the Trustor to the Trustee of all rents and revenues resulting from the property, and Trustee is authorized to take possession of the property, rent or lease the same on terms he deems best and to collect the rents and revenues and apply the same upon unpaid interest, principal, taxes or insurance premiums or for maintenance and preservation of the premises. H. Upon request of Trustor, Beneficiary, at Beneficiary's option, prior to full reconveyance of the property by Trustee to Trustor, may make future advances to Trustor. Such future advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of indebtedness secured by this Deed of Trust, not including sums advanced in accordance herewith to protect the security of this Deed of Trust. exceed the original amount of the Note plus US $ None, I. The waiver by Trustee or Beneficiary of any defaL'~ of Trustor under this Trust Deed shall not be or be deemed to be a waiver of any other or simi.lar defaults subsequently occurring. J. The designation "Trustor" herein shall extend to and apply to the undersigned, singular or plural, and the covenants and agreements of the Trustor herein shall be binding upon his heirs, devisees, executors, administrators. successors, and assigns. K. This Trust Deed shall be construed according to the laws of the State of Nebraska. The Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to him at the address hereinbefore set forth. EXECUTED the date first above written. ~-9 ~ iJ ~bert K. Po an " \, . tr\ ~..~- . ~t. K. oland - STAtt. OF NE.BRASKA) )SS. COUll).''! OF. HALL ) On this )I'!J day of 'O.e.....heR. . 1983, before the under- signed nota~r-pusriC in and tor said county, personally came Robert: K. Po and and Judith K. Poland, husband and wife, and acknowledged. the . eXli\cution of the foregoing i.nstrument to be their VOluntAry aCt and deed. \. nulllli:.......~}JJJ. YC.. &u.~l( ~..~""~J ~~ry PUblic. ~-'--------- , ~ ~t. -