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200501211
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Last modified
10/17/2011 2:02:55 AM
Creation date
10/18/2005 3:12:54 PM
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DEEDS
Inst Number
200501211
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200501211 <br />DOC ID #: 0008761655202005 <br />reasonably require to assure that the lien of this Deed of Trust, Lender's interest in the Property and Borrower's <br />obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and <br />cure by Borrower, this Deed of Trust and the obligations secured hereby shall remain in full force and effect as <br />if no acceleration had occurred. <br />19. Assignment of Rents; Appointment of Receiver; Lender in Possession. As additional security <br />hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to <br />acceleration under paragraph 17 hereof or abandonment of the Property, have the right to collect and retain <br />such rents as they become due and payable. <br />Upon acceleration under paragraph 17 hereof or abandonment of the Property, Lender, in person, by <br />agent or by judicially appointed receiver shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past due. All rents collected by Lender or the <br />receiver shall be applied first to payment of the costs of management of the Property and collection of rents, <br />including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and <br />then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for <br />those rents actually received. <br />20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness <br />secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without <br />charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of <br />recordation, if any. <br />21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Deed of Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the <br />title, power and duties conferred upon the Trustee herein and by applicable law. <br />22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent <br />to Borrower's address which is the Property Address. <br />REQUEST FOR NOTICE OF DEFAULT <br />AND FORECLOSURE UNDER SUPERIOR <br />MORTGAGES OR DEEDS OF TRUST <br />Request is hereby made that a copy of any notice of default and a copy of any notice of sale under the <br />deed of trust filed for record and recorded in Book , Page <br />or , Records of County, Nebraska, executed by <br />as Trustor, in which <br />is named as beneficiary and <br />as Trustee, be mailed to <br />at <br />IN WITNESS WHEREOF, Borrower has executed this Deed of Trust. <br />(Seal) <br />IRVING C.CkOUGLAS Borrower <br />(Seal) <br />orrower <br />(Seal) <br />- Borrower <br />_(Seal) <br />- Borrower <br />(Sign Original Only) <br />=- 76(NE) (0308) CH (11/03) Page 5 of 6 Form 3828 <br />
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