|
�
<br /> � � � m N � � � � ,
<br /> G . o o --�
<br /> . � W 'S S Tn.* d x = �_ , Z � �N
<br /> `_ � � n S v' r�'„ � � � rn o 1"r1
<br /> y '� � � �` � �
<br /> � � � � �`� w � � o �
<br /> � -
<br /> 0
<br /> � _ � o �
<br /> � � �� � o � � � n o �
<br /> ,,e � �, � �, � o � W �
<br /> W �
<br /> �n (� D CJ7
<br /> � • � . N � �
<br /> . � � � �
<br /> 200000352 �
<br /> NEBRASKA DEED OF TRUST
<br /> (With Power of 5ale)
<br /> �
<br /> THISDEED OF TRUST,made this 7TH day of JANUARY , 2000 ,�
<br /> between ROBERT GONDERINGER AND PATRICIA GONDERIN6ER HUSBAND & WIFE AS JOINT TENANTS , �
<br /> whose mailing address is 1615 N. EDDY STREET, GRAND ISLAND, NE 68801 > p.
<br /> as Trustors, STEWART TITLE GUARANTY C0.
<br /> whose mailing address is 1220 WASHINGTON SUITE 100, KANSAS CITY, M0. 64105 ,
<br /> as Trustee,and Norwest Financial Nebraska,Inc.,whose mailing address is 2319 N. WEBB ROAD
<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 /> LOT SIX (6) IN BLOCK TWENTY-ONE (21 ) OF SCHIMMER'S ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AS SURVEYED, PLATTED,
<br /> AND RECORDED.
<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$�0,752.00 (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 norice 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 secutity 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 improvement being
<br /> built ar 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 restrictions 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 impairing the security of this Deed of Trust.
<br /> 3.To keep all buildings uow or�ereafter erec;ed 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 Beneficiazy 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 discontinuance o�any proceedings to foreclose this Deed of Trust or cure or waive any
<br /> default or notice of default or invalidate any act done pursuaut to such�otice.In the event of foreclosure,all rights of the Trustor in insurance
<br /> policies then in force shall pass to the purchaser at the foreclosure sale. _
<br /> 4.To obtain the written consent of Beneficiary before selling,conveying or otherwise transfening 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 taxes, assessments,insurance premiums, liens, encumbrances or other charges against the
<br /> property hereinabove described,Beneficiary may pay the sasne,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 thereof 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,Beneficiary does not waive its right to require prompt payment when
<br /> due of all other sums so secured or to declare 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 entitled thereto,on written request
<br /> of the Trustor and khe Beneficiary,or upon satisfacdon 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 />
|