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<br /> NEBRASKA DEED OF TRUST °
<br /> (With Power of Sale)
<br /> THIS DEED OF TRUST,made this �5 day of APR I L � �998 � �,�
<br /> between DONALD R. JELINEK JR. A SINGLE PERSON ��'o
<br /> whose mailing address is 1504 S SYLVAN GRAND ISLAND NE 68801 �
<br /> as Trustors, STEWART TITLE GUARANTY COMPANY '
<br /> whose mailing address is 1 KANSAS CITY PLACE 1220 WASHINGTON SUITE 100 KANSAS CITY MO 64105
<br /> as Trustee,and Norwest Financial Nebraska,Inc.,whose mailing address is 23�9 NORTH WEBB RD �
<br /> 6RAND ISLAND NE 68803 , as Beneficiazy,
<br /> . WITNESSETH,Trustors hereby irrevocably,grant,bargain,sell,and convey to Trustee in ttust,with power of sale,the following described
<br /> property in HALL County,Nebraska:
<br /> THE NORTH 46.68 FEET OF THE EAST 1/2 OF THE NORTH 1/2 OF BLOCK i�,, OF
<br /> PLEASANT HOME SUBDIVISION, LOCATED ON PART OF THE EAST 1/2 OF THE
<br /> SOUTHEAST 1/4 OF SECTION 21 IN TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE
<br /> 6TH P.M. , IN HALL COUNTY, NEBRASKA.
<br /> Together with tenements,hereditaments,and appurtenances khereunto belonging or in anywise appertaining and the rents,issues and profits
<br /> thereof.
<br /> This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors'promissory note of even date in khe amount
<br /> of$80.820.00 (Total of Payments).Said Total of Payments is repayable according to the terms of said note.Payment may be made in
<br /> advance in any amount at any time. Default in making any payment shall,at the Beneficiary's option and without notice or demand,render the
<br /> entire unpaid balance of said loan at once due and payabie,less any required rebate of charges.
<br /> To protect the security of this Deed of Trust,Trustor covenants and agrees:
<br /> 1.To keep the property in good condition and repair;to permit no waste thereof;to complete any building,skructure or improvement being
<br /> built or about to be built thereon;to restore promptly any building,shvcture or improvement thereon which may be damaged or destroyed;and to
<br /> comply with all laws,ordinances,regulations,covenants,conditions and restrictions affecting the property.
<br /> 2.To pay before delinquent all lawful ta�es and assessments upcn the property;to keep the property free and cleaz of all other charges,fiens
<br /> or encumbrances unpaiting the security of this Deed of Trust.
<br /> 3.To keep all buildings now or hereafter erected on khe property described herein continuously insured against loss by fire or other hazards
<br /> in an amount not less than the total debt secured by this Deed of Trust.All policies shall be held by the Beneficiazy,and be in such companies as
<br /> the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then to the Trustor. The amount
<br /> collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiazy shall determine.
<br /> Such application by the Beneficiary shall not ca�ei�cqntUxu,auce�of,aneyJ.�ro�eedi�►gs to foreclose this Deed of Trust or cure or waive any
<br /> default or notice of default or invalidate any act done�pursu�nt tA su�,k�nottce.It�the event of foreclosure,all rights of the Trustor in insurance
<br /> policies then in force shall pass to the purchaser at the foreclogure sala.
<br /> 4.To obtain the written consent of Beneficiarybefore selling,conveying or otherwise transferring the property or any part thereof and any
<br /> such sale,conveyance or transfer without the Beneficiazy's written consent shall consritute a defauit under the terms hereof.
<br /> 5.To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br /> 6. Should Trustor fail to pay when due any taxes, assessments,insurance premiums, liens, encumbrances or other charges against the
<br /> property hereinabove described,Beneficiary may pay the same,and the amount so paid, with interest at the rate set forth in the note secured
<br /> hereby,shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br /> IT IS MUTUALLY AGREED THAT:
<br /> 1.In the event any portion of the property is taken or damaged in an eminent domain proceeding,the entire amount of the award or such
<br /> portion thereof as may be necessary to fully satisfy the obligation secured hereby,shall be paid to Beneficiary to be applied to said obligation.
<br /> 2.By accepting payment of any sum secured hereby after its due date,Beneficiary does not waive its right to require prompt payment when
<br /> due of all other sums so secured or to declare default for failure to so pay.
<br /> 3.The Trustee shall reconvey all or any part of the property covered by khis Deed of Trust to the person enkitled thereto,on written request
<br /> of the Trustor and the Beneficiary,or upon satisfaction of the obligation secured and written request for reconveyance made by the Beneficiary or
<br /> the person entitled thereto.
<br /> NE-991-1 197-1
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