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Show 898 to pssure thai the lien of this Deed of Trust, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and cure by Borrower. this Deed of T ..ust and the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred. 20. Assignment of Rents; Appointment of Receiver; Lender in PossessIon. As additional security hereunder. Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shaIl. prior to accelerat:on under paragraph 18 hereof or abandonment of the Property, ha'll::-rhc' right t(i"collect ar.d retain such rents as they become due and payable. Upon acceleration under paragraph · 18 hereof or abandonment of the Property. Lender, in person, by agent or by ' judicially appointed receiver, shall be entiiled to enter upon; take possession of and manage the Property and to coIlect the rents of the Property, including those pasi due. All rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums on receiver's bonds 2nd reasonable attorney's fees, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be liable to accoum only for those rents actually received . '21. Future Ad'·ances. Upon requc.~t of Borrower. Lencer. at Lender's opticn prior to fun reconveyance of the Property by Trustee to Borrower. may make: Future Auvances to Borrower. Such Future Advance:;. with interest thereon, shall be secured b)' thi" Deed of Trust when evidenced by promissor)' notes stating that said note, arc secured hereby. 22. Reconvey.nee. Upon paymer.t of all sums secl;red by this D~ed of Trust. Lender shall request Trustee to reconvey the Property and shall surrender this Deed of Trust and ;,11 notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall recon\'cy the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of record<ltioll, if any. 23. Substitute Trus:ee. Lender, at Lender's option, may from time te time remove Trustee 2nd appc-int a successor trustee to any Trustee appointed hereunder. Without conveyance of the Property. the successor trustee shall succeed to ail the title, power and duties conferred upon the: Trustee herein and by applicable law. 14. 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 Addre~. IN WITNESS WHEREOF, Borrower has execut;:d this Deed of Trust. ........ '.~... ./l.«Ju~ ........... .. . -/, Lyle O. wtight · -Borrow., .... c::?(,~. . . .... 4 ....~%£ ht?'·'<'1 ........ I2len P. Wrig -Borrower . On this •.•• 7th..... ... • • • • • ):.y.1.E; .Q •. Wti the signer(s) of the above instrument, My Commission expires: To TRUSTEE: The undersigned is the holder of the note or notes secured by this Deed of Trust. Sai note or notes, together with all other indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel saidjnote or notes and this Deed of Trust, which arc delivered hereby, and to reconvey, without warranty, all the estate now held by you under this Deed of Trust to the person or persons legally entitled thereto. Date: •••••••••••• : •••• .••• ; : .•••••• " ,• • . • • • • ' • • • • • • • • • • • • • • • • • • • • • • • • • • • • - . : (Space Below This line Reserved For lender and Record.r' 4O . . . . . . . . . . . . . . . . . . . |
