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<br /> � NEBRABSA DEED OF TRU�JT
<br /> � (With Power of$ale)
<br /> Amount of Firat Inetalment a 49�•�� Amount of Other Instalmenta S 4��•00
<br /> � Z`otat ot'Payments a 58920.00 �tret I�r�ment n„0 nac� February 101s�Q
<br /> Numberof Manthly Inatalments �2� �nal Instalment Due Date�dllUdTY 1 O �X�?0��
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<br /> TEIIS DEED OF TRUST, made thie 5 day of Janua� � lg 9� �
<br /> netween pr�y .� Steaman and Bernadette A S�egman, h�sband ard wife '
<br /> whose malling addresa ie 303 East 22nd Grand Island. Nebraska 68801 ,
<br /> a8 �r,�„Sco�, John M. Cunningham. Attv.
<br /> whose mailing address ia ??2 N. Cedar P.O. Box 2280 Grand Island, Nebraska 68802
<br /> ae Trustee, and Norwest FSnancial NeDraska, inc., whose malling addreas ia Z337 N. Webb Road �
<br /> P 0 Box 1373 Grand Island Nebraska 6880 , as Beneficiary,
<br /> WITNE9SETH,Tn�atora hereby irrevocably,grant, bargain,se!],and convey to Truetee in trust,with power of sale.the following de-
<br /> scribed property in Ha 11 County, Nebraska:
<br /> The West 62 feet of Lot 13, Block 1, Knickrehm 6th Addition to the City of Grand
<br /> � tslan�, u��i ��s.^.�„ R:�t�ras�a.
<br /> �
<br /> � lbgether with tenements,hereditamenta�and appurtenances thereunw belonging or in anywiae appertaining and the renta.issues and .
<br /> profits thereof.
<br /> ThiB wnveyance is intended for the purpose of securing the payment to Beneficiary oSTruatora'promissory note of evea date in the j__�_
<br /> � - amount etated above as"Total of Paymenta°. 5sid"Total of Pavmenta" ia repayable in the number of monthly inatt+lments atated above. � -
<br /> The amount of the inetalment paymente due on said loan ia stated above.The firet and final inatalment due dates on said loan are atated � ��
<br /> above. Payment may be made in advance in a�y amount at any time. Default in making any payment ahall, at the Beneficiary's option '
<br /> and cvithout notice or demand,render the entire unpaid balanoe of said loan at once due and payable,less any required rebate of charges. .
<br /> To protect the security of this Deed of Trnst,Trustor wvenants and agrees:
<br /> 1.To keep the property in good condition and repair:W permit no waste thereof; to complete any building, structure or improvement -
<br /> being built or about to be built theeeon; to reatore promptly any building, atructure or improvement thereon which may be damaged or '
<br /> destroyed;and to comply with all laws,ordinances,regulations,mvenants,wnditiona and restrictiona sfl'ecting the property. �
<br /> 2.To pay before delinquent all lawful taxea and assesamente upon the property;w keep the property free and clear of all other charges,
<br /> liene ar encumbrances impairing the security of thie Deed of Tniat.
<br /> 3. To keep all buildinga now or hereafter erected on the property described here�n continuously inaured againsi loss by fire or other �
<br /> haznrds in an amount not less than the total debt secured by this Deed of Truat. All policiea ahall be held by the Beneficiary,and be t
<br /> in auch companies as the Beneficiary may appmve and have loss payable first to the Beneficiary as ite interest may appear and then T
<br /> to the TrusWr. The amount oollected under any inaurance policy may 6e applied upon any indebtedness hereby secured in such order as '
<br /> � the Beneficiary ahall determine. Such application by the $enoficiary ahall not cause diacontinuance of any proceedinge w foreclose thia } -�
<br /> Deed of Truat or cure or waive any default or notice of default or invalidate any act done purauant W such notice. In the event of foreclosure, .
<br /> all rights of the Trustor in inaurance policiea then in force ahaU pass to the purchaser at the foreclosure sale. �'
<br /> 4.To obtain the written conaent of Beneficiary before aelling,conveying or otherwise transferring the property or any part thereof and �� "�
<br /> any such sale,conveyance or transfer without the Beneficiary's written rnnsent ahall conetitute a default under the terme hereof. �
<br /> 5.To defend any action or proceeding purporting W atFect the security hemof or the rights or powers of Beneficiary or Trustee.
<br /> 6.Should TrusWr fail to pay when due any taxes, ar�easments, insurance premiums, liens,encumbrances or other charges againat the
<br /> property hereinabove described, Seneficiary may pay the eame, and the amount so paid, with interest at the rate set forth in the note
<br /> eecured hereby,aha11 be added to and become a part of the debt secured in this Deed of'I�ust as permitted by law.
<br /> IT IS 1�SUTUALLY AGREED THAT:
<br /> l. In the eveni any portion of tAe property is taken or dama�ed in an eminent domain proreeding, the entire amount of the award
<br /> os surh gartion Lhereaf as may be necessary ta€ully satisfy the obligation secured hereby, ahaii be paid w Beneficisry to I,e ypplied tN
<br /> said obligation.
<br /> 2. By accepting paymen!of any sum secured hereby after its due date. Seneficiary dcea not waive its right to require prompt payment
<br /> when due of all other sums so secured or to declare default for failure to so pay.
<br /> 3.The Truatee shall reconvey all or any part of the property covered by thia beed of Trust m the person entitled thereto, on wntten
<br /> request of the Truator and the Reneficiary, or upon satisfaction of the obligation secured and written requeat for reconveyance made by
<br /> the Beneficiary or the peraon entitled therew.
<br /> 99t Ca84(NE) •—_ _ -
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