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<br /> NEBRAS" DZFD OF TRUST -102862
<br /> (Wftb Power of SWe) 90
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<br /> Arnoant of First Instalment 31-U1100- Araaant of Other lVdAIM00% S-=W
<br /> ,Tutus of I'aramtx & 4139, 00, Met "n ealwout Dad Date -IN02 -29 19
<br /> 4,umbe r of Mmthly Insts}mmt* .35Missal uhisent Dtse Date ADE 1 29_. , ig-91
<br /> MS W.91) of TRUST. rods 1 is 23 day r
<br /> fj It f@ ~ . - • 19~~
<br /> between _-Chris Ate. Engel and Carol J.• Engel.- husband
<br /> whose trailing a-Mrs" is 1-5- Fr-pEd(
<br /> as Trustors. Jahn M. unlnjnt ham~_
<br /> whose mailing addrerrw, is 2200- Grand Island, Mebras x-
<br /> as Tr=Uv. aM Nom-est issnancicl Vebrasltay, ire., whW1/ enallitsg addty" ix ---2317 H. upbb Road
<br /> -RA, BM 9 3_3____ and Island. ar F.em&larr.
<br /> %'rr.N'E5S1 'T'H. Truntors hereby irrevocably, grant, bargain, sell, sad .Vnvey to T'r Mus, It- woe, Wt'h ptnrrr of sale, the following do-
<br /> scribed property in H l County. Nelbraska:
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<br /> Lot Eighteen (18), Ereedu=a Acres Subdivision, Hall County, Nebraska.
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<br /> Together with tenements, hereditatnenta, rod appurtenasnces the-xunto belonging or in anywise appertaining and the rents, issues and
<br /> profits thereof.
<br /> This conveyance is intended for Oe purpose of securing the payment to Bene kiary of Tmators' promissory note of even date in the
<br /> amount stated above as 'Tc':al of Pa_rmerAs'. Sail` 'Total of Pa.,rmealts" is repsyrble in the number of monthly instalments stated above.
<br /> The amount of the instalnx;nt payments due as, said loan is stated above. 77te first and final instalment due dates on said loan are stated
<br /> abov". Paya*nt may be made in adsance in any amount at any time. Ihrfault in making any payment shall, at the Beneficiary's option
<br /> Q-A writhcut r 'tire or derv and, render the entire unpaid Wince of said loan at once due and payable. less any requited rebate of charges.
<br /> To protect the, security of this Deed of Trust. Truster covenants a-A agree.-
<br /> 1. To keep tt-e property in rood emdition and repair; to penra,', no thereof. to comp.ete any building, structure or improvement
<br /> t.,,•in-' l"'10t A`Wevt tv, he built therron; to rofdmr promptly any building, structure or improvement thereon which may he damag"i or
<br /> drstmyed; arc! to comply with all laws, ordinances, regulations, cov"unts. cz.editions and restrictit sss affecting the property.
<br /> 2 To pry before delingwnt all lawful taxes are, assessments upon the property, to keep the property free and clear of all other charlles,
<br /> lima or encumbrances impairing the security of this. Heed of Trust.
<br /> 3. To keep all buildings rKww or herraftx. erected on the property described herein cmtiruously insured against loess by fire or otlur
<br /> h,.srnrd:s in an amount not le!.% then the W-31 deb` -enured by this Deed of Truest. Al: policies shall be held by the henefciarv. ane be
<br /> iv, such companies as the Bzner.ciary may approyt atsd have loss payable first to the Beneficiary as its interest may appear and then
<br /> to the Truster. Toe amount collected under any insurmtce policy may be applied upon any indebtedness hereby secured in much order as
<br /> t:ie llwneficiary i4hall determine. Such application by tSe ilenefitiar~ !shall net cause discontinuance or any proceedings to foreclose this
<br /> "r.- ed of Trust or cure er waive any defau?t or notice of &fault or invotidate any act dome pursuant to such notice. In the event o±. forecloesure,
<br /> ail rignt_■ of the Trustor in insurance Policies then in force shall pass •.o the purchaser at the fen-closure sale..
<br /> 4. To obtain the written cam-omt of Benermiary before selling, conveying or otter: arise transferring the property or any part thereof and
<br /> s-iy such "Ie. conveyance or trans;--r without the Beneficiary'* written consent shall constitute a default under the terms hereof
<br /> 5. To de( end any action or Proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br /> 6. Should Truster fail to pay when due any tames. n rie^sta, inwrance premiums, liens, encumbrances or other charges against the
<br /> property hereieaboye described. 8enefeciary may nay the some. and the amount so paid, with intrrest at the rate set forth in the note
<br /> secured hereby, shalt be added to and become a part of the debitsecu ed in tl•.is Deed of Trust as permitted by law.
<br /> IT 1S till "1'G ALLY 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
<br /> or such portion thereof as may be rntwmasary to fully satisfy the obligation secured hereby. shall be paid to Beneficitary to be applied to
<br /> said obligation.
<br /> 2 By accepting payment of any sum secured hereby after its due date. Pkiwrkiary dos not waive its right to require prompt payment
<br /> when dare of all other sums so secured or to declare default for failure to so pay-
<br /> 3- Throe Trustee shall reconvey all or any part ..f ? ?e property covered by this Deed of Trust to the person entitled thereto„ on written
<br /> request of the Truster and the Beneficiary, or upon sat action 4 the obligation secuml and written request for reconveyance ma& by
<br /> the Beneficiary or the person entitled thereto-
<br /> lrs Gat W)
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