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<br /> ,� NEBRASKA DEED OF TRUST
<br /> � (With Power of Sale)
<br /> �
<br /> da of '8��— ��"-�
<br /> � THIS DEED OP TRYJS7'. made ihls 9 Y DECEMBER ,
<br /> lxtwcen JOEL C ANU CIN�E A H OFFM AN HUSBAkD 6 WIFE AS JOINT TENAN7S —
<br /> h whosc mailinB eddress is 91 3 N AHIIA ST GRANO ISLAND E 68801
<br /> as Ttustors, STEWART TITLE GU AR�NTY COMPANY ,
<br /> �� '*�. tvhosa mai13n8 uddress L� 1 220 WASh�INGTON ST SUITE 100 KANSAS CITY MO 6A105
<br /> as Trustee,and Norwest Fiaanciol Nebreska,Inc.,whose mailinB address is 2319 N WE88 RD � � g�ACficiaty,
<br /> � GRAN� ISLANQ NF 68803 y wer of sale,thc followingdescribed
<br /> WI'►'NESSETH,Trustors hereby irtevocably,grant,bazguln,sell,aad conve m Ttustee in trust,with}x�
<br /> r ro c in HALL County,Nebroska:
<br /> P P•rtY
<br /> _____ ___ ,_.�' ruF GeciFRl Y FIFTY FEET OF THE WESTERLY ONE HUN�RED FORTY^EIGH���nEET
<br /> � OF FRACTIONAL BLOCK SEVENiEEN, WINDOLPH'S nuuii iuhi, �i�� �� ���^�•�
<br /> ISLAND, HALI. COUNTY, NEBR�SK�.
<br /> �.
<br /> Together wich tcncmeats,6erediiemeats,aad appurteaenccsthercunto bclonging or in anywLse aPlxrtai�l�g°nd thc rents,issues aad pro�ts
<br /> � thcreof.
<br /> Thls canveyance is intended for�he purpose of securtng the payment to Beaeficiary of Trustors'promissory note of even date in the an►ount
<br /> � of S�� 7dR,00 (Totnl of Payments).Satd Total of Pa�mment shall at thc Bcnefiiiaty opdoa nnd vv�hout nodce or demnnd,�rc det tho
<br /> edvence in uny nmount nt any t1m�•Default im m�king eny p Y
<br /> entitc unpaid balax►ce of said loan at once due nnd paynble,less any requircd rebatc of charges.
<br /> To protectthe security of t�is D:cd of Ttust,Tn�.stot covennnts and agtees:
<br /> ` .. •`+ 1.To{ceep the property in good condidon nnd npair;to petmlt no waste thereof;to complete any building,structute or improvement being
<br /> built or ahout to be built thcreon;to restorc promptly any building,structute or improvemcntthercon whlch may be dnmagcd or destroyed;and w
<br /> � comply with all laws,ordinnnces,regulations,covenents.condidons nnd restricUon+nffccting the property.
<br /> 2,To pay bef'ote dclinquent all lawful taxcs and c�ssessments upuu Aic property;to keep the property trce nnd clear of ep other charges,llens
<br /> �• or cncumbr.nnces impuiring thc security�f this Deed of Trust• _
<br /> 3.To kecp ull buildings now onc�rcafter crected on the ptoperty described Lereln contlnuously insured ageinst loss by fire or othct hazards
<br /> � in nn amount aot l�ss thnno c ond�ave WsstP Ynbit c first t th B neficinry us�ithinterestcmnyy ppcur andcthen�to the Trustor CTho emount —
<br /> T;� thc Benefic)ury maY nPP
<br /> � collected under any insurence policy may be npplied upon nny indebtedness hereby secured In such order as the Beneflciaty shall detetmlue•
<br /> � Such applicadon by thc Bencficiury shall not cuuse discontinunnce of oay proceedings to forcclose this Deed of Trust or cure or wnivo any
<br /> dcfault or nodce of dcfault or fnvalidntc eny net done pursuant tn such nodce.Lt the event of foreclosure,nll tlgl�ts of the Trustor in insurntsce
<br /> , policics then in force shall pass to thc purchaser at thc foreclosure sale. art thereof and nny
<br /> 4.To obtain thc written cansent of 9eneficinry before selling,conveying or othcnvise transfettnig thc ptoperty or any p —
<br /> such snle,conveynnee or vc�ns(er wiihoul the Beneficlnry's written wnsent shall cons6tute a defnult under the temis hereof. —_
<br /> 5.To dcFend nny xction or praeeding purporcing w uffect the sccurity hetcof or ihe rights ot powers of Beneficinry or Trastce.
<br /> G.Shonld Trustor fuil ta p:3Y�vhen due any taxcs,assessmcnts. Insnrancc prcmiums, liens, cncumbrances or other chargcs ngnuut thc =
<br /> propeny hercinabove descrihed, &nefici:u�y muy pay the snme,and the wnount so pnid,wlth interest at the rnte set forth ln the noG,secured `
<br /> ' herchy.shall hc c�ddcd to nnd bec ome�part of thc debt secured in this Decd of Trust as permittcd by law. !
<br /> ITIS MUTUALLYAGREED'fHAT: �
<br /> �,(n thi evenl any p�rtion of�hc propcny is mken or dumaged in an eminent domain procceJing,ihc endre atnount of thc nwurd or such �
<br /> portion there��f�s mcty he necestiary�o(ully satLsfy thc ubligution secured herehy,tholl he paici to Bene(iciuty eo be applied w snfd oUligation.
<br /> 2,gy nccepting paymcntof nny sum sccuredhetehy ufter it�due date,Beneficinry dxs not wnive its right to require prompt paymentwhen
<br /> I du�o(all othcr sums sosecured orlo dcclatt dc(ault Fur failurc tn so pvy.
<br /> 1 3.Thc 1'rustcc shcdl rccunvcyall or nny part uf the property covcred by this Dccd of Trust to the person entidcd thcreto,on written rcquest
<br /> ...•,�,..T.�.�f,,.:..,d�}ic Bcnc ficiary,�r upon satisfaction��f thc obligauon sccurcd:ind wriricn requcst for rewnveynnce mndc by the Bcncficlazy or
<br /> � thc{xnon entitled thrrclo. � :
<br /> { �
<br /> � NE•991�1191•1 t
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