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<br /> NESRA9RA DEED OF TRUgT . 't;. .,;
<br /> . (Wfistt Power of 8a�e) � . . .-
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<br /> Amo�mt otFicat Instalme�t 420.1 D Amount otOther Iristatments s 420.10 ..::;;;;'.:.
<br /> : , E Zbta�at'Paymeut� •80 � ' Firet tnstalmene nue Date MaY 9 ;19�� � :. � ;,>z•� .
<br /> Num6erof Monthly Instalments�$�.� Fiaal Instalment Uue Aate APri� � .,,19�4 < ..
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<br /> i�ns n�ct��crsr.,�ae c� � ��of Apri 1 , �s 9�
<br /> bec�n�� � Mmx'gan and Q��¢ora J t�organ h�sband a.�d wife � �:��_
<br /> , W����;ng�$ � �9�5 W. 13tN �rand �slaezc�,��Vebraska 68803 � ,;-.
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<br /> . as����, �tcrhn Hf_ Cunningt�a� `_-,=���:.-.:�_:: :_ � ' =�;�:.;`;., � ,
<br /> i �!-..:���.�i� � N. CQi� P.O.�8�:�'-229��.:>>�and Island, Nebras �. :. . . :i.T�`;• ,.' --
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<br /> -_ - aa"�isstee: and?!•r..•west�ia��fal Nebra6;ca, Inc,whose��aa:�,ng address'is � Z337 N. Webb Rodd� � _ " ' -.;,'.�. � -';.:'•:, , > .. ,
<br /> �P40_ Box 4373 Grand Isian�� �ebrastca 68802 ���;azy, �'%-:�� . � � ` .,;�
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<br /> �JEBSETFI,Tsustors hea�y:�tevocablY.graqt. 6argA��:5e11,and conveq�W'Ihiste�in trust..with power,c:�r.�~�te,the following de- . � '�,'�',.,;j
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<br /> � scr�d property in ' �3�• : ' Cauatq,Nebraska: .`• ` , ,
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<br /> . '� :� �.a��;:2 in B�ock A in Westerhaf.f'S ��nd Subdivision, I�eing:�a re-suC���rfsiar� c�-.�he �e�:�h.i2 . � '� ,, ` �
<br /> ` :. `; .. a�`.�Bla�ks 3 artd 4 and �he- North-'h�of: Blocks 5 and 6, W�s�erhoff°� 4st 5����L��i�i�ii,; Lity . �
<br /> ; ' af� �rand island�,� Nali County;;ISebr�aska�: . �
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<br /> Togethes wi#h tenemente,hereditaments,and appurtenancea thereunto h2longiag or in aaywiae appertnining aad tt�e rents,isaues and ,
<br /> pmfits thereof. .
<br /> This conveyance is intended for tke purpose of aeeuring the paygient to Beaeficiary of Truatora'promiseory note of even date in the � •
<br /> amount stated above as'°Potal of Payments".Said'Total of Payments"is repayable in the number of monthly instelments atated above.
<br /> The amount of the instaimettt payments due on said loan is atated above.The tirst and final instolment due dates on said loan are atated
<br /> , a6ove. Payment may be made in advance in any amount at any time. Default in making any payment eha11,at the Ben�ciary's opt�on �
<br /> und without notice or demand,rendes the entire uapaid balance oFsaid loan at once due and payable,lesA any required rebate of charges. -
<br /> Ta protect tlia�ecur;t,y of this Deed oiTrust,TrusWr covenants and agtees: ' � , �
<br /> � ' 1. To keep the�propetty in good condition and �epair;to permit no waste thereof;to complete any buitding,etructwe or improvement � `-��
<br /> ' 6eing built or abont to be buitt thereon;to restore promptly any building. atrueture or improvement thereon which may be dtunaged or � �
<br /> destroyed;and to compJy with all lawa.ordinances,regulations,covenants,conditions and restrictions affectin�the property. .
<br /> � ' 2.To pay before delinquent all lawt'ul taxen and assessmenta upon the property:to keep the property free and clear of all other chArgea, �
<br /> lienb or encumbrances impalring the aecurity•o�'this Ueed of Truat.
<br /> 3. To keep all buildinge no+v or hereatter erected on the property described herein conteauously insured agair�t toss by fire ar other �„
<br /> haTatd3 in an amouat not lesa than the total debi securect by thix Deed of Truat. All poficiea aholl be heid by the$eneficiary,and be �.'� %
<br /> in��ch compunies as the Aeneficiory mAy approve and have loss paya6le firet to the Beeeficiary as it� intereet may appear and then � � .
<br /> to th�a Trustor.The amount coltected under ar.g insurar.oe polYcy may be applied upon any indebtedness hereby secured in auch order as �:f
<br /> the$eneficisry ahall determine.3uch npplicatinn Ly the�eeneficiary ehali not cause discontinuance of any proceedinga W foreclos�this
<br /> Deed of Trust or cure or waive any default or natite of�efault or invalidate any act done purauani to such notice.(n the event af foreclosure, �,�� ,
<br /> ' all rights of the Trustor in insurar.ce policies then in force sl:sll�►ass to.the purchaser at the forecfosure sufe. �_�::' ,
<br /> 4.To obtsin the written wnse�t of Beneftciary before ee�ting,conveying or othenvi�iransferring the property or any part thereof and
<br /> anf�;sch sate,conveyance or trpnsfer withouC the Benefici8ry's written eonsent ahAll consietate a default under the terrna hereof. �
<br /> �.'To defend any action o�pscceeding psrpt,rt4ng to afFect the aecurity hereutor the rifihts ar powers of�eneficiary or Trustee.
<br /> 5.Shouid Truator fail ta pay when due any taxea,uaseASments,inauranee yremlums,tiens,encumbrances or other charges agt�inst the
<br /> pro;,erty hereina6ove describ�d,Beneficla�y may pay the same,and the omount M► Daid, with interest at the rate r:et [vrth in the note
<br /> eeccfrFe Aereby,eha11 be addec�tia and be.ome a part of the de6t secured in this Ueed uF�ru�t es permitted by law.
<br /> IT f5 MU'PUALLY AGREEt3 TBA't':
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<br /> 1. ln the event any portion,of the property is taken or damaged in nn eminent domain praceeding, the entlre nmount af the awnrd
<br /> or such portion thereoP as may be necessary W fully ruUisfy the obli�ution r.ecured hereby, shall be paid to Beneficiary to be upplied to
<br /> sAid obligation. .
<br /> 2. $y t►eceptiog payment of ar.y sum sccured hereby efter its due date,Neaefeciary dt,eH not wuive itq right tu requjre prampt pnytnent
<br /> w�.ta due ef all other sums so�.c�red or to declare defaull fur failurr to so pay.
<br /> 3. The Truatee ahall recesrzy all ar any part of the property covered by thir� 1)c•ed oP'frust to the person eni�?te�thereto,vn written
<br /> . request of the Trustar ar.d?:�e BEne�ciory, Gs u�m autisf iction uf the obli�;ation secured and writtka request f�r recnnveyanc+e mnde by
<br /> thc F3eneficiary os t'r,r pe�c^e��:'.1ed thereto� •
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