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<br />`�«.. 89- 100204
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First instalment g ! • �i� Amount of other ItLtalmanta i4S7 • 00 -
<br />Total of Payments It 35064.00 First Instalment Due DauFebruaru 1£ 1989
<br />Number of Monthly Instalments �� Final Instalment Due Date J nuar Y 18 95,
<br />THIS DEED OF TRUST, made khL, _A& day of Jan
<br />aury
<br />between Char Ps 1 lfsoiFfm ^ --� f; hikako_ Huffma[t
<br />11UShand and wifa
<br />whose mailing address Is 9i'9i� W i niA Grand Island, N�f3ftp3 '
<br />as Truators, Anhn uin_ re��ah�+11
<br />whose nailing address is 2* N 1`edar ,rand ISBanA� Ne 6A13i11
<br />as Trustee, and Norwest Financial Nebraska, rne_, whose mailing addrew to '
<br />n* 47 NnrYh Wehh Rd GrAl3d I cl and __ Ne 6RR 03
<br />VMNESSETH, Trustors hereby crcmi ocaN3 •, ' as �9'
<br />i 3 6^xant, bargain, sell, and conrey to Trustee. in trust, with r of
<br />scribed (properly in Hal 1 � Po*?rs sole, the feTli+vrbg de-
<br />' Countp. ?�eb5aslta:
<br />Lot Thirteen (13), and -Lot fourteen (14), West Three ' (3) feed of Lot .Fifteen : I.Q.;,
<br />Block Sixteen (35) in Ashton Place an Addition to the City ;Of.Grand:.Islandi fell.
<br />County Nebraska -
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />_ We conveyance is intended for the purpose of securing the payment to Beneficiary of Tnistore' promissory note of even date in the -
<br />amount stated above as '"Focal of Payments ". Said 'Total of Payments" is repayable in the number of monthly instalment stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due datew to said loan areibo e .
<br />above. Payment may be made in advance in any amount at any time. Default in making
<br />and without notice or demand, render the entire unpaid balance of said loan at once due an any payment shall, at the rebate option
<br />payable, less any required rebate of 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 or 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 trues and assessments upon the property; to keep the property free and clear of all 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 less than the total debt secured by this Deed of 'Bust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have toss payable first to the Beneficiary
<br />to the Truster. The amount collected under any insurance policy may be applied upon any indebbtedneas herrebys may appear and then
<br />the Beneficiary shall determine. Such application by the Beneficiary secured in such order is
<br />Deed of Trrsst or cure or waive ary shall not cause discontinuance of any proceedings to foreekise this
<br />any default or notice of default or invalidate any act done pursuant to such r5otice. Ia 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 tire. written consent: of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and
<br />any such sale„ osrzveyance or transfer without the - Beneficiary's written consent shall constitute a default under the terms hereof.
<br />b. To defend 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 tares; assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amoruit so paid, with interest 4t -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 />IT 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 amount 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 flenef`rciary, or upon satisfaction of the obligation secured and written request for remnveyanee made by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84 Q4E)
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