80001902 - Laserfiche WebLink

Browse

the sums secured by this Deed of Trust shat! continue unimpaired. Upon such payment and curt 6y Borrower,! this Deed of ' Truss and the obligations secured hereby shalt remain in full force end etfect as }f"no acceleration had reacted. - 20. Assignment of Rents; Appo'vn[ment of Receiver; [xnder In Possession. As additional security hereunder, Boi•rawer;. - - - hereby assigns to Lender the rents of the Property, provided that Borrower shat}, prior to acceleration"under-paragraph I8 -~ hereof or abandonment of the Propcny, have the right to collect and retain-such rents as they become due.atid payable. -- Upon acceleration under paragraph IS hereof or abandzsnment of the Property, Lender, in parson, by 'agent or by:': judicially appointed receiver, shall be enhticd to eater apart, peke possession of "and manage the""Property and tdcollect tine - rents aF ttie Property including [hose past due. Ait rents cotiected by Lender or the receiver shalt be applied 8rsf-to paymeni~= - of the costs of management of the Property and collection of rents, including, but not limited-to, receiversfees;~premiums.- _ - on-receivers bonds and reasonable attorney's fees; and then to the sums secured-tiy this-Deed of>Ti'ust: --Lender and the-~": receivershall be liable to account only for those rents actually received. - - - 2f. Future Advances. Upon request of Bortower, 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; shali,be secured by this Deed of Trust when evidenced by promissory notes siatinG that said notes are-secured-hereby: ArnaTimeshall: - - the principal amount of the indebtedness secured by this Deed of Tntst. not including sums advart~d in accordance- herewith to protect the security of this Deed of Trust, exceed the original amount of the Note plus US S~OQ,D4 - 22. Reconveyance. L'pon payment of all sums secured by this Decd of Trust, Lander shall request Tiustee~to-reconvey, - the Property and shalt surrender this Deed of Trust and ail notes evidencing indebtedness-secured by this-Deed of~~Tn[sa to Trustee. Trustee shall reconvey [he Property without wacranry and without charge to the"~ person or persons legaliq-- _ - entitled theceio. Such person or persons-shall pay all costa of recordation, if any. - - ~ ` - - 23. Substitute Trustee. Lender, at Lenders option, may frnm time tv time remove Trustee and appoint a~-successor" trustee to any Trustee appointed hereunder by an instrument recorded in the county ]n which-this-Deed"of-Trust is recorded-. Without conveyance of the Property, the successor trustee shalt wcceed to ail the title, power and- duties conferred upon:-. the T'rustec herein and 6y applicable taw. -- ' -- - 24. Request for Notices. Borrower requests that comes of [he notice of default and notice of sale be sent to-Borrowet~s address which is the Property Address. jN WITNESS WHEREOF, }30i'r6WCr has C%eCUted ihlS Dead Of TrUSf. - Jo~effens ~ -eo~row•er ~~-r R.. .. W.. Ja~~ M.;iteffens f ~~~~~. ..._ev.mr~er STATE OF NEBRASICAJ } SS. covNTx of HALL 1 The faregoin3 instrument was acknowledged before me this lgt. .day of. . . MaY .. 19&~. by .J4hTz ~.,5[e#Eegs eAd.JgYRe.~1. StaffenS Witness my hand and notarial seal at. . G{and, Island,, Nebr~sl{a, in said County. the date aforesaid. ~ififfif#iii. ~` ~~1~ My Cotamission e;: pi res: ,'F f~1 f~~ TC1 TRt75T$E: ~ ~j ~~ f?f:t~UF.ST F'{)R REC4fl Vt,YANCF. Tho Urides'aianed is the holder of the t+.oce qr n~rc e5 ~e~. i5red by tht.s :-tea'd of 't'rust:. Salo tiDte ~I rotese together with nit other tndei~tedness ticm c:ure?d ay thta teed of i`r oat, hate `assn paid in €~,,. =o.t era hci ek~y ci,trv~c.~d =o -ancei said note or races and thzs Geed of Truse, wh.t4h are deiivared hereby, and t~ reconvey, wi khout warranrv, all the t<~tato new held by yea under tars 7~.ed of trust tc the parson or po: scans legally ant.t fled titereio. Data: .