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<br /> � .e � �Q � Short Form _
<br /> 'V ��
<br /> � � KNpw AI,I� MEN BY TIiESE PRSSSNTSt that Dean Bierhaus aad Patricia Bierhaus. _
<br />_ , ;• � husband 6 wige � I�ereinaf.ter referred to as the "Truat�enty thousend two hundred
<br /> bearing even date hgrewith for the principal 20223 70 8 8ble to the order �
<br />_ : � twenty three aad 70/100----- Dollars (S______._, P Y G
<br /> �' t of GRAND ISLAND FINANCB COMPANY, hereiaafter referred to as the "Beneficiary", � --
<br /> , � p r o v i din g for pa y ment of the eatire princip i s 9 91ance, together with intereat ` C
<br /> at the sate of 1 5.9 9 perceat (_, �) p e r a n n u m, i n m o n t h l y \ �
<br /> inatallments of Four hundred thirtv seven and 80/L00 Dollars ($�t37_SO �
<br /> • each until October 2. 20�,_._.� � . at which time all
<br />". �•:i psincipal and interest provided for by this Note shall have been paid, do
<br /> _ hezeby grant and convey unto AREND it• BAACK, Attorney at Law, the "Trustee",
<br /> the follo�ing-describsd property: , —
<br />- Lat Fourteen (14), Freedom Acres.Subdiviaion, Hall Gounty, Ne6raeke. -
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<br />°_-''tif:'aV�S, .. �, � -
<br />����:=.�:• Tp t1Ay8 AND TO HOLD the same, together wi�h all appurtenances, in tiitsk;
<br /> =�'-W:�'�:�� eat of said Noee or any part
<br /> �;�,;a�':= nevertheli�ss, and ia case of default i�q the pa+�n►
<br />''—iz° r� — thereof or interest thereon or in the per�Loi�nance of any covenaet heseinafter
<br />_�...:._:
<br />���.
<br />-;,;��_•...:. set forth, thea the Truatee ahall have •Che power to aell the above-descr be
<br />=�"�"�` � propertq, ,�nd upon request of the Beneficiar3r, the Trustee shall file for
<br /> -��=,=�s Count Nebraska, a
<br /> �-�-—� record i�i the Register of �Deeds' Office of r•rat� Y.
<br />!--='=`"'�`°���••� Notice o£�Default, setting'•fbr•�h that a breacd �f aa obligation, .�or which the
<br /> 'f�'''�`�� said property was conveyeil �ss secur�.ty, has bccurred,� a�}d setting forth the
<br /> iiia��i';,
<br /> —�,,,� nature of such br.each and the Truetee's �lection tm ��11 the property o
<br /> ---'`^��'� satisfy the obligation; aad aftes Xhe lapse of aot lesa than one (U month,
<br /> _�':+"'::.:� the Tru$tee shall give writte4 notice of the time and place of sale whiCou�y
<br /> �`=��_�;;::_�' be between 9:00 a.m. and 5:00 p.m• at the premises, or at the uAit
<br />���,���-� Courttiriuse, aad particularly describiag the property to be sold; said Not�b'e
<br />-= to be published in a newepaper of a general circulation in uAii County, ,
<br /> -- Nebrastcg, once a aeek for five (5) coasecutive, weeks: the last publicatit►n �o
<br />=�.'�: , be at 'least ten (10) days .but not more than thirty <30) days ptior ta xhe
<br />_�.�*�- sale; aad the Truatee ahe13. then aell said property at the t,ime and place
<br /> �__��,�;�;;� deaignated in the Notice, in�the m�nner provi@ed by law in effec�. at the time
<br />_.<-:•• .,
<br /> —�;:1?�r,-.�:.� of filiag aaid Notice, and public auction to the higheet bidder for cash and
<br /> d.:::'k.a,l,?r..1:'
<br /> •�-r�- �:� shall deliver to auch purahaser a deed to the property sold, consistenC w t
<br /> � the Iaw in effect at that time. AdditionallJ�, Truatee shall mail Trustor a
<br /> . ^ copy of any Notice of Default and Notice off Sale hereuader upon default
<br /> "'��'� ' , addressed to them ati . Out of the proceede of
<br /> �:-� �:- said sale, the T=ustee shall retain and pay first all feea, charges and coats
<br /> �'-� of sale and all monies advanced in the exerciae of the power of sale,
<br /> • �: � including the psyment of the TrusCee's fees actually incurred, and pay second
<br /> - • . Y. the obligations secured by thia Deed of Trust; and the balance, if any. ehall
<br /> �- - •: be paid to the persoa or Qersons legally entitled thereto. Any person,
<br /> ---- •'�'• .__ ___�_L_�� ee.d nrnnorlv gt suCh 881C.
<br /> - ,—- ; y = incluQing tne neneiiciary, ma� t+.....••..00 ..-_- �--�---. _
<br /> • v ,. i• .
<br /> The Truator covenanta that at the time of delivery of these presents,
<br /> ,� they are seized of said property in fee simple, and ehat 3&id property is free _
<br /> of emumbsances, except encumbrancea, easementa, rightsrof-way, restrictiona _
<br /> and reservaCions of record, and they will properly maiatain the property, keep -
<br /> �� a�l buildingo insured for fire and extended coverage in an amount equal to the _:
<br /> unpaid balance of the aforesaid Note, vith loss payable to the Beneficiary, _
<br /> �nd will pay all taxes and assessments against said property and amounts due _
<br /> on prior encumbYances, and if they shall fail to pay inaurance aremiums or =
<br /> ,.�-___ � s�Qg �n a��nnC9 due on prior encumbrances, the Heneficiary may pay the same =
<br /> _-:.0 __�.� ��� .,:� �,��,�r�, q� paid sh311 become additional 'zrsd�btednese due t►�reunder;
<br /> and in case of forecloaure, Trustor will pay aay reasnnauie ai.ic,rn�y iees
<br /> � incurred by Beneficiary or Trustee in such foreclosure psoceedings. �
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