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' 19-- 6100233 <br />NEBRASM DEED OF TRUST <br />(With Power of Sale). <br />Amount of First Instalment s- 499 _ OD Amount of Other Instalment SAIL .- <br />Total of Payments s.-- 0" First Instalment Due Date2(23 ___,19..0 <br />Number of Monthly Instalments ___bO Final Instalment Due Date .1 i23 19-4 <br />- <br />THIS DEED OF TRUST, made this _16 ._ day of January <br />between Char -es—L. Huffman and Chikak Huffman husband and wife <br />whose mailing address is 2718 W. KQg_ 1� ,,i g Grand <br />as Tnatore, John Cunningham <br />whose mailing address is 222 N Cedar Grand Island. NE 68801 <br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 N. Webb Rd. <br />P.O. <br />_ Box 1373 Grand 1 s l and , NE 68802 , as Beneficiary, <br />WDDNESSETH, Trustors hereby irrevocably,` grant, bargain. sell, and convoy to Trustee in, trmit , with power of sale, the following d*. <br />scribed property in Hall <br />County, Nebmka: <br />Lot Thirteen (13) and Fourteen (14) West Three (3) Feet of;'kot Fifteen (15), <br />Block Sixteen (16) in Ashton Place, to the City of Grand Island, Hall County, <br />Nebraska. <br />T. <br />Together with taaements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and <br />profits thereof. <br />• - <br />This .ii i. jNawQ.- w: b3ut _ -- the purpuse of seeuriag.tiie payment to beneticfary, of Trustore promissory inti of a -very. 4distia in the <br />amount stated abase as "Dotal of Payments ". Said - fatal of Payments" is repayable in the number of monthly instalments slated above. <br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates on said hoer: are stated <br />above. Payment may be made -its advance in any amount at any time. Default in making any payment shall, at -the Beneficiary's option <br />and without notice or demand:, reader the entire unpaid balanoe of said loan at once due and payable, less any required rebate of charges. <br />To protect the security of this Deed of Trust, Tr ustor 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 alvaut to be built thereon; to rmft" promptly any building, structure or improvement thereon which may be-.damaged <br />or <br />destroyed: and to.camply with all laws. ordinkices, regulations, covenants, conditions and restrictions affecting the property, <br />2. To pay before delinquent all lawful taiea apA asses, en is upon the property; to keep the property free and clew bf all other charges. <br />liens or encumbrances impairing the awwitip of this. Deed of Twat. <br />3. To keep all b"dings now or hereafeer 6mm' d on the property described herein continuously insured against loss by,frse or other <br />hazards in an amount not leas than the total, debt secured by this Deed of Trusts All policies shall. be held' by the BenefWacy. and be <br />in such companies as the Beneficiary may approve and have lose payable first to the Beneficiary as Era interest may appear and then <br />to the Trustor. The amount collected under any insurance policy may be applied upon any indebted.^ieae hereby secured in such order as <br />the Beneficiary determine. <br />shall Such application by the Beneficiary shall not cause dibcontinuance of any proceedings to foreclose this <br />Deed of Trust or cure or waive any default or notice of default or invalidate any act done pursuant tc such notice. In the event of foreclosure. <br />all rights of the Trustor in insurance policies,then in ford shall pass to the purchaser at the foreclwimi, sale. <br />4. To obtain then written consent of Beneffe before selling, ng; conveying or otherwise transferring the property or any part tlmarcaf and <br />any such sale, conveyance or transfer without the Beeefcidry's written eonaimt 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 Trustor fail to pay when due any taxes, aaseesments, insurance premiums, liens, encumbrances or other charges against the <br />property heminabove described, Beneficiary may pay the same, and the amount so with interest <br />paid, at the rate set forth in the note <br />secured hereby, shall be added to and become a part of the debt secured in thli 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 &=in 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 secuied,hereby after.its due date, Beneficiary does not waivg- its right to require prompt payment <br />when due of all other sums so secured or to declare default for failure to <br />so nay: <br />3. The Trustee shall reeonvey all or any part of the property covered by this Deed. of Trust to the person entitled thereto, on,• written <br />request of the Truster and the Beneficiary, or upon sati4action of the obligation secured <br />and written request for reconveyanee made by <br />th.e Beneficiary or the person entitled thereto. <br />991 G84 (NE) <br />i' <br />