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<br /> NEBRASKA DEED OF TRUST "'� � � �
<br /> , (With Power of Snle) -
<br /> THISDEED OF TRUST,medc►his 28 day of DECEM�ER . 1997 �
<br /> bctween MARLF F F PATTFRSON, A SINGLE PERSON '��.� �e
<br /> whosc muiling nddress is 909 S_.KIMBALL ST GRkNO ISLAND NE 68801 ' \G .: _
<br /> es Trustore, STEMART TITLE 6UARANTY COMPANY
<br /> 1,�. whosc mailing uddress Is 1220 WASHINGTON STE 100 KANSAS CITY MO 64105 _
<br /> as Trustee,und Norwest Flnancial Nebraskn,Inc.,whose muiling address is 2319 N WEBB ROAD
<br /> � GRAND ISLAND NE 69803 , as Beneficiary, —
<br /> �' WITNESSETH,Trustar�hcrcby irrevocubly,gtaztt,burgaiu,seU,and cottvcy to Trustee.in trust,with power of sale,the following desctibed
<br /> property in HALL County,Nebraska:
<br /> � LOT 72 ANO LOT 73 GF HAWTHORNE PLtiCE, !OCATED ON P.4RT OF THE NORTHNEST
<br /> - i i4 ur" ScCiiuid �i, ii� i"u���S��." �; ;,�oru GA4gG o yccr nF THF R7H P.A..
<br /> NALL COUNTY, NEBRASKA.
<br /> � Togcther with tenemeats,hereditaments,nnd appurtenc�nccs theteunto belonging or in anya+ise eppertainiag and the teats,issues aad profits
<br /> thereof.
<br /> � This cottveyanee is lntended for the pwpose of secuting the payment to Beneficiuty of Trustors'promLssory note of even date in the emount
<br /> of S 25.34A.00 (Total oFPaymenGs).Soid ToVsl of Paytnents is tepuyable according to thc tettns of said note.Payment may be made ia
<br /> advance in any nmount at nny dme. Defnult in maldng any pnyment shaU,ut the Beneficiary's opdon and without notice or demand,tender thc
<br /> , entite unpald bnlance of said loan at once due nnd payable,less any required rebate of charges.
<br /> To proGect the security uf t61s Dced of Trust,Trustor covenunts and aBrces: —'
<br /> ;��• 1.To keep the ptoperty in gaod condit{on and tepair;to petmlt no wnste thereof;to complete nny building,structure or itnprovement being _
<br /> built or ubout to bc built ihcreon;to restore promptly tuiy building,sweture or improvement thereon which muy bc damuged or destroycd;and to �.__
<br /> .y comply with all laws,ordinances,regulations,covenants,condlUons nnd restrlcdons affecting thc properry. -
<br /> 2.To pay beforc delinqucntnll lawful taxes xnd ussessments upon the propeny;to kcep the property free aad cicnr of all otlier chatges,liens
<br /> � or encumbrs►nces impairing thc security of this Deed of Tnut. _ _ --
<br /> 3.To kecp all buildings no�v or hereafter crectcd on thc prop�rty described hcrcin conNnuously insured against loss by firc or othcr haznrds �,�
<br /> ' ln an amount not Icss thnn the tdal debt secuted by this Deed of Trust.All policies shull be held by thc BeneCiciary,and be in such compnaies es �=,,,___v
<br /> � the Beueficiary may npprovc aMl have loss payablc first to thc Bcucficiary es its i nterest may appeur a n d t h e n t a t h c T rustor.The amount �- _ .
<br /> collected under any insurance policy may bc npplicd upon any inJebtcdness hcreby secured in su�:h ordcr os the Beneficicuy shall determine. �:_
<br /> � Such appllcadon by the Beneficiary shnll not causc dlscondtlunnce of uny proceed'ings to foreclose this Decd of Ttust or cute ot waive any �`--
<br /> defnnit ot nodce of default or invnlidate any act done pursuant to such notice.In the event of forcclosure,all riqtits of the Trustor 1n insurance ;T
<br /> policics then in force shnll passto the purchascr at thc foreclosure salc.
<br /> � � -,.
<br /> 4.To obtai*►thc written cansent of Bencficiary befnre sclling,convcying ur otherwisc trunsferting thc propeny ot uny part thcrcof and any ���.
<br /> such salc,convcynncc or tmnsferwithout thc Beneficiary's�vrittcn conscnt shall constitutc a defnult undcr the tcrms hcreof. -r,.ti.
<br /> 5.To defend atty ucqon orprocceding purporting to affect the sccurity hcrcof or the rights or powers of Beneficinry ot Tn�stee. - )_
<br /> � G. Should Trastor(nil w pay when duc:my utxes,nx�essmenGti,insurnnce prcmiunvs, licns,encumbrnnces or othcr churges naainst the 5
<br /> ptopetty hercinubove described,Bcneficiary muy pay the samr,und the amount so paid,with inurest at the rate set t'onh in the note secvred
<br /> � hereby,shnll bc ndded to and bccumc a pari of the debt sccured in this Deed of Tnist as permitud by law. �'�fl.•
<br /> � IT fS MUTUALLY AGREED THA'P:
<br /> II. in the cvent any portion of thc property is takcn or diimuged in un eminent doinain procceding,thc entirc amount of the award or such
<br /> � portion thcreof.0 muy bc necetcary to fully sntisfy thc obligaqon secured hemhy,shall bc paiJ W Bcnefieiary tn bc applicd to said ohligation.
<br /> ! 2.By accepting payment uf any sum securcd hcrcby:ittcr its duc dute,Bencficiary docs not weive its right to rcyuirc prompt payment when
<br /> � duc of all uthcr sums so securcdor to dcclure def�ult fur Giilure t�i so pay.
<br /> ', 3.The Trusuc shnll reconvcy all or any part of thc pruperty covcred by this Dced of Trust to�hc person entitled thcreto,on wriuen tcqucst
<br /> � of the Trustot�nd the Beneficiary,or upon�tisfaction of che ubligation securcd rmd written reyuest(or reconveyance made by the BenePiciary or
<br /> ! tho nnr�nn enutled thereto. _
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<br /> - NE-979•1197•7
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