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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Side)
<br />Amount of First Instalment 316.00 Amount of Other instalments s-3 lk..Q
<br />Total of Paymenta s 15.168, 00 First Instalment -Due Date 2/13 , 19M..
<br />Number of Monthly Instalments. 48... Final Instalment Due Date 1/13 , 19.x.
<br />UN
<br />1Q012sr
<br />TM DEED OF TRUST, made this 9 _ day of January
<br />between _ugh D Brandon and Frances A Brandon husband and wife ,
<br />whose mailing address is 2529 W Anna Grand Island. Ne . 68803
<br />as Trustors, Jnhn Cunningham
<br />whose mailing address is 222 N Cedar Grand Island, He, 68801
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is,
<br />437 Nnrth, Wab�d., PO Roo 1373 Grand lsj an& Na. 68802 , an stneficiarr,
<br />VqUl 880111, T rms'tars hereby; amewacably, gm,.t„ bargait,, -01., and com%'ey to Trustee in trust, with- power of see, the following cIe-
<br />acraed immi rty in Ii?I Qumtyy Nebraski.
<br />46cSt ih. t^i y 1� 0) feet of %t Two (2), and East Thirty -Five (35) feet of Lot
<br />Three (!I., illock Twee. va'(ir), Parkhill Third. Subdivision, Hall County,
<br />Grand Island Nebraska
<br />Together with tenements. hereditaments, and appurtenances thereunto belonging or in anywiae appertaining and the rents, issues and
<br />profits thereof.
<br />This conveyance is intended for the purpose of securing the payment. to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Payments ". Said 'Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment navments due on said loan is stated above.. The first and final instalment due dates an said lun are stated
<br />above: Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Bene6ciarys option
<br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rebate dl'charges_
<br />To protect the security of this Deed of Trust, Truster covenants and agrees:
<br />1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, structure ao improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the• property; to keep the property free and clear of alli other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not lees than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have lose payable first to the Beneficiary as its interest may appear and then
<br />to the Truster. The amount collected under any insurance policy may be applied upon airy indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />Deed of Trust or cure or waive any default or notice of default or-invaliddte any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Trustor in insurance policies then in force shall pass to the, purchaser at the foreclosure sale.
<br />4. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and
<br />any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
<br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the• amount so paid, with interest at the rate set forth in the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />Tr IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amaoant of the award
<br />or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date.. Beneficiary does 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 Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto. on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for recorveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84 (NE)
<br />In
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