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80006804
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Last modified
1/14/2010 3:32:06 AM
Creation date
1/14/2010 3:31:55 AM
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DEEDS
Inst Number
80006804
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,,~.., <br />$t~-= ~Jf~~ B~J~ <br />(3D} days thereafter, Beneficiary can cause `Notice <br />of Default to be given and the premises to be sold <br />as provided herein. <br />G. As additional and collateral security for the loan <br />and effective forthwith upon fiiinq o€ a Notice of <br />Default, this instrument shall serve as an assign- <br />ment by the Trustor to the Trustee of all rents <br />and revenues resuitina from the property, and <br />Trustee is authorized to take possession of the <br />property, rent or lease the same on terms he deems <br />best and to collect the rents and revenues and <br />apply the same upon unpaid interest, principal, <br />taxes or insurance premiums or for maintenance and <br />preservation of the premises. <br />H_ Upon request of Trustor, Beneficiary, at Benefi- <br />ciary`s option, prior to full reconveyance of the <br />property by Trustee to Trustor, may make future <br />advances to Trustor. Such future advances, with <br />interest thereon, shall be secured by this Deed of <br />Trust when evidenced by promissory notes stating <br />that said notes are secured hereby. At no time <br />shall the principal amount of indebtedness secured <br />by this Deed of Trust, not including sums advanced <br />in accordance herewith to protect the security of <br />this Deed of Trust, exceed the original amount of <br />the Note plus US SI0,000.00. <br />I. The waiver by Tnistee or Beneficiary of any de- <br />fault of Trustor under this Trust Deed shall not <br />be or be deemed to be a waiver of any other or <br />similar defaults subsequently occurring. <br />J, The designation 'Trustor" herein shall extend to <br />and apply to the un_dersiGned, sirgular _ Plural, <br />a-sd the covenants and agreements of theVTrustor <br />herein snal.i be bindincp upon his hezrs, devisees, <br />executors, administrators, ~«..~essors a„u a~a -~. <br />1C. This Trust Deed shall be constzued according to <br />the laws of the State of Nebraska. <br />The Trustor requests that a copy of any Notice of <br />Default and of aay Notice of Sale hereunder be mailed to him <br />at the address hereinbefore set forth. <br />ExECUTED the date first above written. <br />TRUST~u. <br />~< '.-~ <br />~~ ~~~-nr3 Yi: atson <br />_ Y, <br />,r' <br />Juanrta Watson <br />TRUSTEE: <br />~` _ k. <br />Johr. R. Brownel <br />- a - <br />
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