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<br /> NEBAASKA D��U O�TAri1,i
<br /> (With Power of Sale)
<br /> AmounL of Firet Inatal�e�t 29�-�— Amount oF Other InAtalmen a 296'�7
<br /> 7bta1 of Paymenta t Uso� �� �e6�— 90
<br /> Flrat Inetalment Due Date 18�.
<br /> Number of Monfhly Inatalmenta 35 . , Final Inatalment Duo Date ��C• 4 19 92
<br /> THI3 DEED OF TRUST made thia 29 day of December , 19 a�
<br /> ��„�A Charles � Denton a sinqle aerson _— ,
<br /> whoee meiling addreae ie 1703 N Laf a ette Grand I s 1 and IVe. 68803 ,
<br /> � a9�o�, _.• • John Cunnin ham att .
<br /> Wno� ���v�'sddreas ie 222 N Cedar Grand I s 1 and Ne. 68801 � ,
<br /> as Tnistee,.� �9 Norwest Fynanclal Nebraska, inc. whoae mailing address ia 2337 North Webb Rd.
<br /> , % Grand Island Ne. 68803 , as Beaeficiary,
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<br /> • WITNBSS�'TH,Trustors hereby irrevocably, grant, bargain,sell, and convey to Truatee in truet,with power of eale,the following de-
<br /> •scrhed property�n H a 11 County. Nebraske:
<br /> � ; Lot 16, in Block 17, in S f's Addition to West Lawn in the City of
<br /> � Grand Island, Hall County, aska
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<br /> Seventeene(1�)60� Subdivision ofnLots��80,� 281rf and 282iin�Westlawns CitylofeGrand t
<br /> Island, County of Nall, State of Nebraska. .
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<br /> Together with tenements,hereditamente,and appurtenances LhereunW belonging or in anywise appertaining and the rente, issues and ; '
<br /> profits thereof. )
<br /> - Thie conveyaaoe ie intenQed ter the p�poee oi secming the paymen's io Seneii�;rur vi'.`�d..,:o p:ami�sy :saia cf ee�� �.._°•°- ':a *•h� ?:._"
<br /> amount atated above aa"Tota1 of Paymente". Said'Total of Paycnents"ia npayable in the number of monthly inatslments stated above. ', '�..
<br /> The amount of the inatalment payments due on said loan ia etated above.The first and iinal instaiment due datea on said loan are atated .
<br /> above. Payment may be made in advance in any amount at any time. Default in making any payment ahall,at the Heneficiary'e option _
<br /> and without notice or demand,render the entim ungai3 haian�of said ioan at once due and papable,te�^,�ssy required rebate of chargea. .. _
<br /> To protect the eecurity of this Deed of Truat,'I`ruator covenanta and agreea: _
<br /> 1. To keep the property in good condition and repair;w pernait no wasts thereof;to complete any building, structure or improvement
<br /> being built or about to be built thereon;to restore promptly any building,struMure or impmvement thereon which may be damaged or ��--
<br /> destroyed;and to comply with all lawa,ordinancea,rngulations,covenantq,conditions and reatrictions affecting the pmperty.
<br /> 2.Ta pay before delinquent a11 lawful taxes and asseasments upon the pmperty:to keep the property free and clear of all other charges. �
<br /> liens or encumEreuicea impairing the security of this Deed of Trust. ;
<br /> 3. To keep all buildinga now or hereafter erected on the property described herein continuously inaured againat loss by fite or other �
<br /> hazards in an amount not lesa than the Wtal debt secured by this Deed oP Trust. All policiea shall be held by tha Beneficiary, and be i
<br /> in such compsniea as the Beneficiary may approve and have loss payable firet to the Beaeficiary es ita interest may appear and then
<br /> � to the Trustor.The amount collected under any insurance policy may be applied upon any indebtednese hereby aecwed in such order as
<br /> the Beneficiary ehall determine. Such application by the Beneficiary ahall not cause discontinuanoe of any proceedings W foreclose thie �
<br /> � Deed of'l4ust or cure or waive any default or notice of default or invalidate any act done pureuant to such notice.ln the event of foreclosure, �.,
<br /> all righta of the Trustor in inaurance policiea thee in force ahall pasa to the purchaser at the foreclosure sale.
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<br /> 4.To obtain the written consent of Beneficiary before aelling,conveying or otherwise tranaferring the property or any part thereof and ,. •
<br /> � any such sale,conveyance or tranafer without the Heneficiary s ryritten oonsent ehall conatitute a default under the terms hereof. :
<br /> 5.To defend any action or proceeding purporting to affect the security hereof'or the rights or powera of Benef iciary or Trustee.
<br /> 6. Should ltivator fail to pay when due any taxes,assessments, insurance premiums, liens,encumbrances or other charges against the
<br /> property hereinabove deecribed,Beneficiary may pay the same, and the amount ao paid, with intereat at the rate set forth in the note
<br /> eecured hereby,shal]be added to and become a part of the debt secured in thie Deed of Trust as permitted by law.
<br /> IT IS MUTUALLY AGREED THAT:
<br /> 1. Ia tke event nny portioa of the property is taken or dama�ed in an eminent domain proceedin�, the entire amount of the award
<br /> � or such portion thereof'as may be necessary to fully satisfy the obligation secured hereby, shall be paid to$eneGciary w be epplied to
<br /> said obligation.
<br /> 2. By accepting payment oP any sum secured hereby aRer its due date, Beneficiary dces not waive its right to require prompt payment
<br /> when due of all other suma so secured or to declare defaalt for failure to so pay.
<br /> 3. The Trustee shall recanvey all or any part of the property covered by thia Deed of Trust to the person entitled thereto,on written
<br /> request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written requeat for reconveyance made by
<br /> the Beneficiary or the person entitled thereto.
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