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DEED OF TRUST Short Form V l► U V /� �7 200006026
<br />fO
<br />KNOW ALL MEN BY THESE PRESENTS: that KEVIN THOMAS AND DANITA THOMAS, HUSBAND S
<br />AND WIFE , hereinafter referred to as the "Trustor ", to secure a Note
<br />bearing even date herewith for the principal amount of TEN THOUSAND FIVE HUNDRED
<br />SIXTY TWO AND N01100 ----------- Dollars ($10,562.00) payable to the order
<br />of GRAND ISLAND FINANCE COMPANY, hereinafter referred to as the "Beneficiary ",
<br />providing for payment of the entire principal balance, together with interest
<br />at the rate of 17.111 percent ( 17.111 %) per annum, in monthly
<br />installments of ONE HUNDRED SEVENTY SIX AND 94 /100 ---- Hollars ($ 176.94 )
<br />each until JULY 24, 2005 , X39 , at which time all
<br />principal and interest Frovided for by this Note shall have been paid, do
<br />hereby grant and convey 1-nto AREND R. BAACK, Attorney at Law, the "Trustee ",
<br />the following- described property:
<br />REAL ESTATE LOCATED AT LOT 27, VILLA MAR DEE SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust
<br />nevertheless, and in case of default in the payment of said Note or any part
<br />thereof or interest thereon or in the performance of any covenant hereinafter
<br />set forth, then the Trustee shall have the power to sell the above - described
<br />property, and upon request of the Beneficiary, the Trustee shall file for
<br />record in the Register of Deeds' Office of HALL County, Nebraska, a
<br />Notice of Default, setting forth that a breach of an obligation, for which the
<br />said property was conveyed as security, has occurred, and setting forth the
<br />nature of such breach and the Trustee's election to sell the property to
<br />satisfy the obligation; and after the lapse of not less than one (1) month,
<br />the Trustee shall give written notice of the time and place of sale which may
<br />be between 9:00 a.m. and 5:00 p.m. at the premises, or at the HALL County
<br />Courthouse, and particularly describing the property to be sold; said Notice
<br />to be published in a newspaper of a general circulation in HALL County,
<br />Nebraska, once a week for five (5) consecutive weeks, the last publication to
<br />be at least ten (10) days but not more than thirty (30) days prior to the
<br />sale; and the Trustee shall then sell said property at the time and place
<br />designated in the Notice, in the manner provided by law in effect at the time
<br />of filing said Notice, and public auction to the highest bidder for cash and
<br />shall deliver to such purchaser a deed to the property sold, consistent with
<br />the law in effect at that time. Additionally, Trustee shall mail Trustor a
<br />copy of any Notice of Default and Notice of Sale hereunder upon default
<br />addressed to them at 224 VILLA MAR DEE, GRAND ISLAND,N-E Out of the proceeds of
<br />said sale, the Trustee shall retain and pay first all fees, charges and costs
<br />of sale and all monies advanced in the exercise of the power of sale,
<br />including the payment of the Trustee's fees actually incurred, and pay second
<br />the obligations secured by this Deed of Trust; and the balance, if any, shall
<br />be paid to the person or persons legally entitled thereto. Any person,
<br />including the Beneficiary, may purchase said property at such sale.
<br />The Trustor covenants that at the time of delivery of these presents,
<br />they are seized of said property in fee simple, and that said property is free
<br />of encumbrances, except encumbrances, easements, rights -of -way, restrictions
<br />and reservations of record, and they will properly maintain the property, keep
<br />all buildings insured for fire and extended coverage in an amount equal to the
<br />unpaid balance of the aforesaid Note, with loss payable to the Beneficiary,
<br />and will pay all taxes aTd assessments against said property and amounts due
<br />on prior encumbrances, and if they shall fail to pay insurance premiums or
<br />taxes on amounts due on prior encumbrances, the Beneficiary may pay the same
<br />and all amounts so paid shall become additional indebtedness due hereunder;
<br />and in case of foreclocilre, Trustor will pay any reasonable attorney fees
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<br />DEED OF TRUST Short Form V l► U V /� �7 200006026
<br />fO
<br />KNOW ALL MEN BY THESE PRESENTS: that KEVIN THOMAS AND DANITA THOMAS, HUSBAND S
<br />AND WIFE , hereinafter referred to as the "Trustor ", to secure a Note
<br />bearing even date herewith for the principal amount of TEN THOUSAND FIVE HUNDRED
<br />SIXTY TWO AND N01100 ----------- Dollars ($10,562.00) payable to the order
<br />of GRAND ISLAND FINANCE COMPANY, hereinafter referred to as the "Beneficiary ",
<br />providing for payment of the entire principal balance, together with interest
<br />at the rate of 17.111 percent ( 17.111 %) per annum, in monthly
<br />installments of ONE HUNDRED SEVENTY SIX AND 94 /100 ---- Hollars ($ 176.94 )
<br />each until JULY 24, 2005 , X39 , at which time all
<br />principal and interest Frovided for by this Note shall have been paid, do
<br />hereby grant and convey 1-nto AREND R. BAACK, Attorney at Law, the "Trustee ",
<br />the following- described property:
<br />REAL ESTATE LOCATED AT LOT 27, VILLA MAR DEE SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />TO HAVE AND TO HOLD the same, together with all appurtenances, in trust
<br />nevertheless, and in case of default in the payment of said Note or any part
<br />thereof or interest thereon or in the performance of any covenant hereinafter
<br />set forth, then the Trustee shall have the power to sell the above - described
<br />property, and upon request of the Beneficiary, the Trustee shall file for
<br />record in the Register of Deeds' Office of HALL County, Nebraska, a
<br />Notice of Default, setting forth that a breach of an obligation, for which the
<br />said property was conveyed as security, has occurred, and setting forth the
<br />nature of such breach and the Trustee's election to sell the property to
<br />satisfy the obligation; and after the lapse of not less than one (1) month,
<br />the Trustee shall give written notice of the time and place of sale which may
<br />be between 9:00 a.m. and 5:00 p.m. at the premises, or at the HALL County
<br />Courthouse, and particularly describing the property to be sold; said Notice
<br />to be published in a newspaper of a general circulation in HALL County,
<br />Nebraska, once a week for five (5) consecutive weeks, the last publication to
<br />be at least ten (10) days but not more than thirty (30) days prior to the
<br />sale; and the Trustee shall then sell said property at the time and place
<br />designated in the Notice, in the manner provided by law in effect at the time
<br />of filing said Notice, and public auction to the highest bidder for cash and
<br />shall deliver to such purchaser a deed to the property sold, consistent with
<br />the law in effect at that time. Additionally, Trustee shall mail Trustor a
<br />copy of any Notice of Default and Notice of Sale hereunder upon default
<br />addressed to them at 224 VILLA MAR DEE, GRAND ISLAND,N-E Out of the proceeds of
<br />said sale, the Trustee shall retain and pay first all fees, charges and costs
<br />of sale and all monies advanced in the exercise of the power of sale,
<br />including the payment of the Trustee's fees actually incurred, and pay second
<br />the obligations secured by this Deed of Trust; and the balance, if any, shall
<br />be paid to the person or persons legally entitled thereto. Any person,
<br />including the Beneficiary, may purchase said property at such sale.
<br />The Trustor covenants that at the time of delivery of these presents,
<br />they are seized of said property in fee simple, and that said property is free
<br />of encumbrances, except encumbrances, easements, rights -of -way, restrictions
<br />and reservations of record, and they will properly maintain the property, keep
<br />all buildings insured for fire and extended coverage in an amount equal to the
<br />unpaid balance of the aforesaid Note, with loss payable to the Beneficiary,
<br />and will pay all taxes aTd assessments against said property and amounts due
<br />on prior encumbrances, and if they shall fail to pay insurance premiums or
<br />taxes on amounts due on prior encumbrances, the Beneficiary may pay the same
<br />and all amounts so paid shall become additional indebtedness due hereunder;
<br />and in case of foreclocilre, Trustor will pay any reasonable attorney fees
<br />
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