Laserfiche WebLink
201102217 <br />the remedies provided in this paragraph or otherwise taken to protect its interest in collateral <br />described in this Deed of Trust or enforce any provisions hereof, including but not limited to <br />reasonable attorney fees and costs of title evidence. <br />14. If the power of sale is invoked, Trustee shall record a notice of default in each county <br />in which any part of the Property is located and shall mail copies of such notice in the manner <br />prescribed by Nebraska law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee detertnines. Trustee may postpone <br />sale of all or any parcel of the Property by public announcement at the time and place of any <br />previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />Deed conveying the Property. Trustee shall apply the proceeds of sale in the following order: (a) <br />to all expenses of the sale including, but not limited to, Trustee's fees as permitted by Nebraska <br />law and reasonable attorney fees; (b) to all sums secured by this Deed of Trust; and �O) any <br />excess to the person or persons legally entitled to it. <br />15. As additional security for the Debt, Borrower hereby assigns all rents, issues and <br />profits of the Property to the Lender,. Upon acceleration under paragraph 13 or abandonment of <br />the Property, Lenders (in Oeprson, by agent or by judicially appointed receiver) shall be entitled <br />to enter upon, take possession of and manage the Property and to collect the rents of the <br />Property, including those past due. Any rents collected by Lender or the receiver shall be applied <br />first to payment of the costs of management of the Property and collection of rents including, but <br />not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney fees, and <br />then to the sums secured by this Deed of Trust. <br />16. Upon payment of all sums as herein provided, Lender shall direct Trustee to <br />reconvey the Property and shall surrender this Deed of Trust and the Debt secured hereby. <br />Trustee shall reconvey the Property without warranty and without charge to the persons legally <br />entitled to it. <br />17. Lender, at its option, may from time to time remove Trustee and appoint a successor <br />Trustee by an instrument recorded in the county in which this Deed of Trust is recorded. <br />Without conveyance of the property, the successor Trustee shall succeed to all the title, power an <br />duties conferred upon Trustee herein and by Nebraska Law. <br />18. Borrower requests that copies of all notices provided herein be�sent to Borrower's <br />address hereinabove indicated. / � ' � <br />IN WITNESS WHEREOF the Borrower has <br />noted above. <br />Douglas <br />Sherri Luth <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />) ss: <br />) <br />� <br />o�T on�lle Date first <br />.� <br />�� day of March, <br />The foregoing instrument was acknowledged before me on the <br />2011, by Douglas C. Luth and Sherri Lu+h u�iehanr� an� WifP <br />��� GENERAL NOTARY - Stat� b�aska <br />BONNIE L. WILL <br />-�__� ° My Comm. Exp. June 28, 2011 <br />