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<br /> �•RECUiil��i��� 11�9c� CORRECTIVE A''� ��� •8 �. - ':`'`'_.,?;.-
<br /> o TRUST DECD � �v ,t- . �
<br /> �/1 rU ��7�M:1. ,..__.
<br /> C.N •�,•
<br /> � �R�J�S�EF� Y �pRIMIAN,A S[NGLE '
<br /> . THIS TRUST AEED is made and ent��ere�d��o�t�WS�ether otte or more�and SI MAK and ��eea FIDELiTY ` ��
<br /> NATIONAL TITLE INSURANCE CmMPANY, �.�
<br /> PERSON, T-FiL�S��; nnd J�s s• �ED AND PRECIOUS a REED, BENEFICIARY, wbetKer one or morc. �l�__�
<br /> • � � /TRUSTOR b sel conve and confum unto the Trustee, �_=�--
<br /> � � WI'TNESSETH:That the Trustor does by these presents grbU����provements and fixtures of every kind now �,-
<br /> � � with Power of Salc,the foUawing-described real estate includ�mg all �.
<br /> or uereafter erected or placed on the real estate situated in HALL County, Nebraska, described as: �_
<br /> �ti n
<br /> � Sutte 2826, Pinewood Condomialum la the City of Graad Islaud, Hall County, Nebraske. �_�
<br /> � �
<br /> � _--
<br /> .�if"' �
<br /> � � .
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<br /> ��
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<br /> F. Ia the event of the sale,transfer or conveyance af the above-described property to any third party,all sums secured
<br /> �� hereb shall be at once due and payable. nto the
<br /> Y
<br /> rivile es, and a urtenances thcrcunto belongu►g, a
<br /> <� TO HAVf= AND HOLD the same, with all rights, p � PP =_
<br /> +� Trustee, tus executors, administrators, heirs ��si�reste bencft andeestatet whatev ey n and t[o the a�ove describcd
<br /> ' relinquishes uato the Trustee all right, title,.
<br /> �. prem�ses and each and every part thereof,wluch is given by or results from all laws of the State of Nebraska pertai:unp to
<br /> �• the exemptian of homestcad.And the Trustor covenants wdh the Trustee that be will forever warrant and defcnd lhe title
<br /> �a�� to the same agaussc che lawful claims of all persons whomsoever. _
<br /> IN TRUST� HOWEVER, for the foUowing describcd purposes: WHEREAS. the Trustor did on this date exe�ute
<br /> , a Promissory Note evidencing a loan for the principal sum of SZ9(l00.�h a Benefic�heman desAr a egin wr Ung fromf time
<br /> • Promissory Note,being payabl fo oAn�nteined he ein or in sapud Promissory Note to the contra�ry,if not sooner paid, a11
<br /> b� � to timc. Notwitbstanding any p
<br /> ,, sums duc and owing under the tcrms of said Note shall be paid on the 18th dey of December, Z .
<br /> , r., . :
<br /> In the eveat of default, Beneficiary's remedies shall not be limitcd to those provided for herein.This Trust Dee
<br />- . � � may be foreclosed in the manner perscribed by law for foreclosure of mortguges. _
<br /> � � 1T IS AGREED by and between the parties hereto that the Trustor shall: (1) paQ aU present and future t kce all
<br /> ` assessments, geaeral and spec�al against said property before the same become delin uent or actionable; (2) p
<br /> _ ;. � unprovcments erected on the lanc�insured as may be required from time to time by Beneficinry against loss by Cue and other
<br /> • � haiards casualties and contingencies, in such amounts and for such periods as are reasonable and may be required by tlie
<br /> � Beneficiary, and to keep all policies of such insarance in force and3effa�t�d com 1 rwith el of h termsryand conditio� _
<br /> Tru.stor and Bencficiary as loss payees,as their interests may appear;( )p Y p
<br />' � on oryofcsuch li n�claimeorcindebted es�sashall become duea d upon failure of the Trustor�to k ep.any af said agr cmen st _ -------
<br /> the said Benefciary may pay su c h,t a x, p a y f o r s u c h i n s u r a n c e, or pa y off an y and all such lieus,or �ndebteclness es thc casc �,x�
<br /> may be, and money enpended, wdh interest as provided by the terms of the aforementione d Promissory N o t e, s h a ll b e �;-;:.
<br /> ;;,,,,,.��
<br /> secured by this Trust Dced, and the Trustor agrces to pay thc same upon demand, and upon failure to do so, the balancc �-�`-�
<br /> y ` `•N;,':.
<br />= of said Promissory notc shall bccome immediately duc and payabl5)aT `h�Posscss on ofBhe prcmises and coUcct�t hecrents `•��;;' ��.
<br /> upon the Trustee the Powcr of Sale as provided in Nebraska law; ( �';" �
<br /> and revcnucs thcrefrom; (6) maintain the Property in a condition of maintenancc and repair such that the intcrest of Trustcc . �y L.,
<br /> and Bcneficiary are not reduced he c ros o this T ust Dc d. �� t� COniply witl� any of the foregoing provisions shall .
<br /> + constitute an event of default under t
<br /> ; I pgANDONMENT OF THE PROPERTY BY TRUSTOR. In the cvent that Trustor abnndons the pruperty, or
<br /> if circumstances reasonaUly inciicatc that Trustor has abondoned tof N tce of Def•ult, to e ter upon the ptems es fortthe
<br /> I event of default, Beneficiary shall havc the right, following filmg
<br /> .� purpose of securing the same and for caTying outNan�!ro�her{�ecs to hold Trust c�andtBeneticiary and th irlcmpl yccs,
<br /> .�_ ..f
<br /> , . . .. .. ,...�.... .. . •... _...._...�., _-_
<br /> the Bencficixry�n ana to inc r�.,�.<<y. r-;--•-- -. � ,
<br /> � scrvants and agents harmlcss for any dama�cs unavoidably in�lictcd upon thc Property �n conneciion w��««.� �••���•w �-
<br />_ irights arising undcr this Parabraph,and hcrcby waivcs any causc of action arising thcrcfrom.
<br /> � Upon payment of all sums sccured by this Trust Dced, the Beneficiary shall request the Trustce, in writing to
<br /> rcconvey the propc:rty and shall surrender this Trust Decd and all notes evidencing indebtedness secured by this Trust Decd
<br /> j to thc Trustcc.Trustcc shall rent of said�Notc ortdny tp a t thcrcof or any of phc i t�cstthc�rcon w eln ducstordin thcfa thful �
<br /> iE dcfault be madc in thc paym I
<br /> . performancc of any or cithcr ot sxid agreemcnts as aforesaid, then thc whole of said Note shall become J��e and be pai
<br /> as hcreinaftcr prowded, ar►d this decd shall rcmain in force. Thc Trustee or his attorncy may lhcn procced to scll Ihc F
<br /> property in its entirety or in parccls xt the option cif the Trustee, hereinbcfore deseribcd at public auction, to thc highcst i
<br /> , biddcr for cash.
<br /> I f7-4416/p�4MS
<br /> ',' P���� Fotm Boftw�n by Autamated Rnl E�Ut�Bq�Um�,Ino,t•W047044f7
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