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<br />Amount of First Iiut} 8284$ ' 88
<br />Total of Paymel S
<br />Number of Monthly Instalments
<br />89- s1nQ444
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of Other Instalments 1 252.00
<br />First Instalment Due Date "ah 14 .89
<br />Final Instalment Due Date February14 -1993
<br />THIS DEED OF TRUST, de this. 27 day of January
<br />between Rodney L. 3�lada a single person
<br />whose mailing address is • 1323 W Hagge Grand Island,--N-e—.-68k501
<br />as Tivston, John: Cunningham 222 N Cedar Grand Island, No. 68801
<br />whose ma ling address is 222 N Cedar d Isla dd, No. 68801
<br />as Trual and Norwest Financial Nb , Inc., whose mailing address is 2337 North Webb Rd.
<br />rand Island, No. �ts0 3
<br />as Beneficiary,
<br />WITNEWETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />e:;fiuou Nfopefty In Hall cuutity, iLeurULka.
<br />The Weat One -Half W) of Lot Seventy -Four (74), and all of Lot Seventy -Five (75),
<br />Hagges Subdivisi=, of a part of the Northeast Quarter of the Northwest
<br />Quarter (YONWA)i and a pert of the Northwest Quierterof the Northeast Quarter
<br />(NW*CE:X) of Section.Twen l Eight (28), in Township Eleven (11), North,
<br />Range Nine (9) Walt -of the 6ixth P.M., Hall County, Nebraska
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />vmilta txl,ereaf; . _
<br />This cuawyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount atated above as "Total. of Ltyments ". Said 'Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instahneat payments due on said loan is stated above. The first and final instalment slue dates on said loan are stated
<br />above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />"without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rebate of charges. . .
<br />To prated 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, t+egulations, covenants, conditions and restrictions affectfag the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the propertr.&tse and clear of all other charges,
<br />liens or.epcumbranees 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 />hazard's in an amount not less 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 loss payable first to the Beneficiary as its interest may appear and then
<br />to the Thu or. The amount collected under any insurance policy may be aMlfed upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall • determine. Such application by the Beneficiary shalt ' not cause discontinuance of any proceedings to foreclose this
<br />Deed ofTmA or cure or waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Truster in insurance policies then in force shall pause 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 />8. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />S. Should Truster 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 />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 thereat as may be necessary to fully satisfy the obligation secured hereby, shall be VzA to Beneficiary to be applied to
<br />said.obfigxtion.
<br />2. By accepting payment of any sum secured hemby after its due date, Beneficiary does not waive, itse 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 reconveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84 (NE)
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