|
n. .
<br /> � . e: a
<br /> "'Y � ,
<br /> ' 7 " ) �
<br /> f� n �j r ` � `�' � `� rn
<br /> � � p � �
<br /> r� Y ;� ' c_ s> (,� .--r
<br /> c;, � --. --� �.o
<br /> � � r.:, � � �, -o � rn O� ,
<br /> � ,-�
<br /> � ?�,,� �� �; = -� �, �
<br /> � } :� -� �
<br /> --� � �y f°`�,'� a �- � T z F--, "
<br /> �� � � (�� (G r, ,;` r-, 0 :::�
<br /> ; � �.�,
<br /> � C � � � j, ;J ��y�,',� �'� � �'� E:^y�"
<br /> ! y � �� p t n �,�"�''� � r" x'� G.7 �;.�a
<br /> t,—� x ; ; _7 �� cn � �=:�
<br /> ►— � 3 n P� � '� =`�
<br /> a 1 � � 3> �
<br /> E m � � k 8 �� W tn G�C► �
<br /> �y
<br /> n NEBRASKA DE D�F�RUST � �
<br /> � (With Power of Sale)
<br /> THISDEED OF TRUST,made this �5 day of APRIL , 1998 ,
<br /> between DONALD D. JORGENSEN & SHARON K. JORGENSEN, HUSBAND & WIFE AS JOINT TENANTS ,LS`�b
<br /> whose mailing address is 1405 W 1 ST STREET, GRAND ISLAND, NE 68801 ,
<br /> as Trustors, STEWART TITLE GUARANTY COMPANY
<br /> whose mailing address is 1220 WASHINGTON SUITE 100, KANSAS CITY, MO 64105 ,
<br /> as Trustee,and Norwest Financial Nebraska,Inc.,whose mailing address is 2319 N 0 R T H W E B 8 R D
<br /> GRAND ISLAND NE 68803 , as Beneficiary,
<br /> WITNESSETH,Trustors hereby irrevocably,grant,bargain,sell,and convey to Trustee in trust,with power of sale,the following described
<br /> propertyin HALL County,Nebraska:
<br /> SEE ATTACHMENT
<br /> Together with tenements,hereditaments,and appurtenances thereunto 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 the amount
<br /> of$ 21420.00 (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 payable,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,structure or itnprovement being
<br /> built or about to be built thereon;to restore promptly any building,structure or improvement thereon which may be damaged or destroyed;and to
<br /> comply with all laws,ordinances,regulations,covenants,conditions and reskrictions affecting the property.
<br /> 2.To pay before delinquent all lawful taxes and assessments upon the property;to keep the property free and'clear of all other charges,liens
<br /> or encumbrances impaiting the security of this Deed of Trust.
<br /> 3.To keep all buildings now or hereafter erected on the 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 Beneficiary,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 Beneficiary shall determine.
<br /> Such application by the Beneficiary shall not cause,discont(ni�aai�ee of any proceedings to foreclose this Deed of Trust or cure or waive any
<br /> default or notice of default ar invalidate any act done pit�s#tantto such notice.In.the event of foreclosure,all rights of the Trustor in insurance
<br /> policies then in force shall pass to the purchaser at the foreslosute.sale.
<br /> 4.To obtain the written consent of Beneficiary before selling,conveying or otherwise transferring the property or any part thereof and any
<br /> such sale,conveyance or transfer without the Beneficiary's written consent shall constitute a default 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 taa�es, 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 khereof 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,Beneficiazy does not waive its right to require prompt payment when
<br /> due of all other swns so secured or to declaze default for failure to so pay.
<br /> 3.The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person enritled thereto,on writxen 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
<br /> %�`��,���.�'S�
<br />
|