82004833 - Laserfiche WebLink

Browse

1Qe-t-eCordet~ the sums secured by this Deed of Trust shall cuminuc unimpaired. Upon such payment an cure by Borrower. this Deed of Trust and the nMtgations secured hereby shalt amain in ful! force and effect as it no acceleration had occurred. 20. Assignment o[ Rents; Appointment of Receiver; Lender in Possession. As additional security hereunder. Borrower hzrebv assigns to Lender the reins of the Property, provided that Borrower shall. prior to acceleration under paragraph 18 hereof or abandonment of the Property, have the rigs to collect and retain such rents as they become due and payable. Upon acceleration under paragraph IK hereof ur abandonment of the Property, Lender, in pztson. by agent or by Iudicially appointed reretver. shall be enuned in enter upon. take possession of and manage the Property and to collect the rents of the Property mduding those past due. ,411 rents collected by Lender ur the receiver shall be applied first «> payment of the costs of management of the Property and collection of renrs. including. but not limited to, receiver"s fees, premiums on receiver's bonds and reasonable attorney's fees. and then to the sums secured by [his Deed of Trust. Lender and the receiver shall be liable ut account only for those «nts actually received. 21. Future Advances. Upon request of Borrower, Lender. at Lender's option, prior to full reconveyance of the Property by Trustee to Borrower, may make Future Advances to Borrower. Such Future Advances. with interest thereon. shall be secured by this Deed n[ Trust when evidenced Fly promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Decd of Trust. not including sums advanced in areordance herewith m protec[ the security of this Deed of Trust, exceed the original amount of the Note plus liS 5 22. Reconveyance. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to rernnvey the Properly and shall surrender ibis Deed of Tom and all notes evidencing indebtedness secured by this Deed of Trust «t Trustee. "trustee shall reconvey the Property without warranty and without charge to the person ar persons legally entitled thereto. Such person or persons shall pay all costs o[ recordation, if any. 23. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instntmem «eorded in the counn- in which this Deed of Trust is recorded. Without conveyance of the Property, the successor trustee sha{I succeed to all the title. power and duties conferred upon the Trustee herein and by applicable Inw. 24. Request for Notices. Burrower reques[s that copies of the notice of default and notice of sale be sent to Borrower's address which is the Property Address. - _ IK WITNESS WHEREOF, Borrower has executed this Decd of Trust. 1 ,/ '. "~y'~C G ~ti .... ................ ~ MICHAEL E ~DURANT~ _BOrrower ~. B/~~sB~DHRAN~~ ._Barower STATE OF NEB RASkA..........Ball . . .... . ......... ............ ~OUntY SS: On this .....2nd........day of- ...I~sember. 19. -82. before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personasl} came ..Michael. E...Durant. and .Bettlr. So . - - . ...DUrantr.Busband.and.Wi£e ..........................................to me known to be the identical personas) whose name(s) are subscribed to the iore,ome instntment and acknowledecd the execution thereof to Ix.... _ .their.... voluntary act and deed. Witness my hand and notarial seal at.... , .. Grand.ISland..Nebraska ...........in said county, the date aforesaid. f~MOGRK~+eeM~r4t+ ~ My Commission expire ~~ ~ ~„ v t? Mf 4oatm. EcP Jttne 29 1916 "Z./C (0-39- ~ ..... ....... . Ot31'f }l Ut)~,C REQUES'L F=UR RECUNI"(a'ANCE To TRUSTEE The undersigned is the holder et the rote ur notes secureil by this Decd of Trust. Said note or notes, toeether with alt other indebtedness secured by this Deed ut hrust, have been paid in full. l'ou arc hereby directed u> cancel said note or notes and this Deed of Trust, which arr dcln'ereil hereby, and to reconvey, without warranty. all the estate now held by you under this Decd of Trwt to the person ur persons legally rntided therm?. Date :............................ ................................. {space Be+u++'t h:5 l.:rtp Reiprvea ro' Len~e. anJ Re~~+ee.;