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<br /> TRt►ST D�ED �O�too���
<br /> THiS DE ED OF TRUST. made and entered into this_ 9th �a����� January _ �y 90
<br /> � by�ind hCtt�'CCn Anton Pc�.lacek and Brenda Sue Polac���t�f,and TRta Title Insurance Ccmgany ,Trustee,
<br /> husband and wife as joint tenants
<br /> � and Security Pacific Financial Serviees of Ia, B�►R�ciar)�;
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<br /> WITNESSETH:That the Trustor does b}• these presents granl, bargain and sell,convey and cun�rm �vith Po�ver of Sale umo the
<br /> � Trustee the following described Real Estate including all buildings,improvements,and fixtures of'every kind now��r hereafter erected or
<br /> placed on the real estate,situated in Hall County, in the State of Nebraska:
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<br /> Lot 20, Western Heights 3rd Addition, Hall County, Nebraska.
<br /> and possessian of'said premises is now delivered unto said Trustee;
<br /> T�HAVE AND TO HOLD the same,�vith all rights,privileges,and appurtenances thereto belonging unto the Trustee,his executors,
<br /> administratvrs, heirs, and assigns forever. And the Trustor hereb}• expressly w•aives, releases,and relinquishes unto the 7'rustee all right,
<br /> title, claim, interest. benefit,and estate �vhatever, in and to the above-described premises and each and every part thereaf, which is given
<br /> by or results Prom ali laws of the 5tate af Nebraska pertaining to the exemption of homestead.And the Trustor covenants w�ith the Trustee
<br /> that he w�ill forever warrant and defend the title to the same against the la��•ful claims of all persons whomsoever.
<br /> � 1N TRUST HOWEVER,for the following described purposes:To secure full and prompt performance of all the terms and condi-
<br /> tions o^P that
<br /> L �.°v+'(!2S'{fi�^ :..'��i. iy^i�,�iii�iit 0i��t�ie ueZia. iiCi�t'v'i'a�i (ii��.�ilC3iii� �itiCLi�e'jily". �i3tit ii0t �..Y��uSi1'�i�. ��viiiNi j'i�jitii.iii v� uii SliiiiS
<br /> � which are or may become payable from time to time thereunder)and any extensiuns,renewals,modifications or refinancings thereof,
<br /> which Revolving Loan Agreement obligates Beneficiary, subject to the conditions stated therein, to advance to Trustor up to '
<br /> $ ,plus Tinance and other charges. (or)
<br /> ' Q Note of even date hereK�ith, in the principal sum of U.S. "4400_00 pay�able in monthly installments of principal
<br /> and interest, with the balance of the indebtedness, if not sooner paid, due and payable on January 16 , 192�, , =
<br /> � "-:
<br /> It is agreed by and between parties hereto that until filing of Notice o1' Default, the Trustor shall: (1) pay all present and future '�
<br /> taxes and assessments,general and special,against said property before the same becomes delinquent or actionab1e;12)keep all improve-
<br /> ments erected on the land insured as may be required f'rom time to time b�� beneficiary against Ioss by fire and other hazards,casualties � �
<br /> and contingencies,in such amounts and for such periods as are reasonable and ma}� be required by beneticiary,and to keep all policies � _
<br /> of such insurance in force or effect upon the properiy herein described constantl}� assigned and delivered to beneticiary; (3) pay� and t��
<br /> comply with all the terms and conditions af any lien. claim or indebtedness that may be senior to or take precedence over this Trust
<br /> Deed as soon as an}• such payment on or of such lien, claim or indebtedness shall beeome due: and upon failure of Trustor to keep �.t
<br /> any said agreements, beneticiary may� pay such tax, pa�� for such insurance or pa�� off such liens or claims or indebtedness as the case w
<br /> may be,and the money so expended,with interest at 9/, per annum,shall be secured by this Trust Deed,and the Trustar agrees to repay
<br /> the same upon demand,and upon failure t� do so the balance of' the attached note shall become immediately due and payable at the
<br /> option of'the beneficiary;(4)speciiicaUy confer upon the Trustee the power of'sale as provided in Nebraska law; (5) retain possession
<br /> of the premises and coltect the rents and revenues therefrom.
<br /> �pan payment ot�all the sums secured by this Trust Decd. thc Bcncf7ciary sha{I requcst zhe Trustee to recomey the praperty and
<br /> shall surrender this Trust Deed and all notes evidencing indebtedness secured b�� this Trust Deed to the Trustor. Trustee shall reconvey
<br /> the property� without warranty to the person or persons legally entitled thereto: hut if deiault be made in the payment of said note or
<br /> any part thereof or any of the interest thereon when due or in the faithful performance oT an� or either uf said agreements as aforesaid.
<br /> then the whole of said note shall become due and be raid a� hcrcinat'ter providcd. and thi�deed ,hall reniain in forcc: the Trustee or
<br /> his attorney may proceed to seii the propeny in itti entirety i�r in parcel� ai the upiwn of the Trustee hereinbefore described at public
<br /> auction, to the highest bidder, for cash. How•ever, the power of sale herein conferred upon the Trustee shall not 8e exercised until (1) _ _ ___
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<br /> the Trustee shall �rst file for record, in the office of the register of deeds of each count}� �ti�herein the trust propert�� or some part or •
<br /> parcel Ihereof is situated,a notite of default, identifying the Trustce by� titating the nameti uf the 'Trutitor and names therein and giving
<br /> the book and page where the same is recorded.a description uf the tru�t prc,perty�..ind containing a statement that a breach�i an��hliFation
<br /> for ��hieh the trust praperty was ecmvey�ed as security� has nrcurred. and tiettin� fi�rth the nsnurr c�f �uch hrcach an�l ��f h�, clrction to
<br /> _ sell �r cause to be sold such pruperty to satisfy the c�bligation:,ind (')�ilier the lap.r ��t� nut Iess than �me numth. thr lru�tre �hall give
<br /> _ notice ui� sale as provided by Nebra�ka law. After notice �f �ielauh and lap�c ��f not Ic`ti than �mc nu�nth. thr Tru,tc� >hall give written •.N�
<br /> L nvtice��f' the lime atnd place c�t� tiale narticularl}• deticrihin� the pr�,Prrty l�� he ,ulil hti ruhlicalu,n i,( wch n��lice. at Iea�t f�vr timCt, ��
<br /> cmre a week ti,r (ire a,nsecuti�e �ccek�. the I.��i r�,ni��.�t�i,n t�,he at Ieatit I�► d:i}�ti hut n��� mur� �han �(► �,i�ti �,ru,r tn thc �ale. m ti�,me �
<br /> newspaper h��in� �i gcnetal circul,it�on in each c�,iuit� in which thc �,r��rcrty tn hc u,ld. �,r ���mc p:�rt thrrcc�t. i� �uua�ril. t ���n .uch N�'
<br /> ` ti��le. Ihe irutil�e �ii�iU c�ecutc .ind clelitier .� dee�l �,t rnme�.�nce �,I tiir rrrE�ert� ,��Id t�, Ihc rurcha�cr �,i ��inch:itic�ti ilie�r��l .�nil ,im ��f
<br /> �?���tirt „I ,.tlr.inu�.+lrri llic' ��n��e�il� c�e�iitt�,tl tlu'trin ��t�ltultntr �
<br /> a ,t:�tr•nunt�,r rr���i.il�,� ►.icl �ri�nch�1eec! ui �rlaU��n l��Ihe elrir:tir n� thr .x_,
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