200501682 - Laserfiche WebLink

Browse

200501682 Upon accelerationunder paragraph17 hereof or abandonmentof the Property, Lender, in person, by agent or by judicially appointedreceiver shall be entitledto enterupon, take possession of and manage the Propertyand to collect the rents of the Propertyincluding those past due. All rents collected by Lender or the receiver shall be applied first to payment of the costs of managementof the Propertyand collectionof rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to account only for those rents actually received. 20. Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to reconvey the Propertyand shall surrenderthis Deedof Trust and all notes evidencing indebtednesssecuredby this Deed of Trust to Trustee.Trustee shall reconvey the Propertywithout warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation, if any. 21. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trusteeand appoint a successor trustee to any Trustee appointed hereunderby an instrumentrecordedin the county in which this Deed of Trust is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law. 22. Request for Notices. Borrower requests that copies of the notice of default and notice of sale be sent to Borrower's address which is the Property Address. REQUEST FOR NOTICE OF DEFAULT AND FORECLOSURE UNDER SUPERIOR MORTGAGES OR DEEDS OF TRUST Requestis hereby made that a copy of any notice of default and a copy of any notice of sale under the deed of trust filed for record and recorded in Book , Page , or , Records of County, Nebraska, executed by as Trustor, in which is named as beneficiary and as Trustee, be mailed to at Initials:i (M- 76N(NE) (0204) Page 6 of 7 Form 3828