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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First instalment = 122 - Ql Amount of Other Instalments; 122 - UU
<br />TOW of Payments $. j;SSfi _ nQ First Instalment Due Date Ma rc.' 1414 09
<br />Number of Monthly kateingnts — 48_ Final Instaiment Due Date February !Cal
<br />100751
<br />THIS DEED OF TIIUS'I:_ made this _2 day Cr February , lg F9
<br />betwftn Percy t _ UDton and Teresa kg:'Utgn husband and wife
<br />abase mailing address is 1944 N Sherman- Gt "r Island, Ne. 68803 _
<br />es Trustors, John oinninaham siittorrey _
<br />wbose mailing address is ? N( -ed it Grand Island Me. 68801
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 north Webb Rd.
<br />Grand island, No- 6f1A
<br />WITNESSETH, Truators hereby irneaxably. grant, bargain, sell, and convey to Trustee in trust, with power of sale, the fnllLn s
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<br />eer Ha 1 I ibed property in (CAa} : .. .
<br />Lots 'thirteen (13) and Lots Fifteen (15), in Bloek Twenty - two :(22),
<br />University Place, Hall Co4nty, Nebraska
<br />Together with tenemenb=, hereditaments, and appurtenances thereunto belongurg rx iii anyw.iee appertaining and the rents, issues an4
<br />pr•afite thereof.
<br />this conveyance is intended for Oe pirsose of securing the payment to Beneficiary 3f IT, ax3rd promiisory note of even date in the
<br />amount stviarl• above as 'Total of Psjzrf.,- iii".. Said "Total of Payments" is repayable in dia rim leer of monthly instalments stated above.
<br />The amount Gf'the instamment payments, dw on said loan is stated above. The fir..t: and MwA inifialment due dates on said loan are stated
<br />above. Payment may he made in advance in any ots,r;unt at any time. Default in. i3O-1 ar,. payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire uaptrid balance of said loan at oncr;dim -tau} lis r_-ble, less any required rebate of charges.
<br />To protect the security of this Deed cf rtunt, Trustor covenants and agrees:
<br />1. To keep the property in good condition and repair; to permit. tsii waste thereof; to 4:tnFlete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structltrs-t iii ismpwriement thereonn which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditirmA• Lind. r=atrictions afftxrting the property.
<br />2. To pay before delinquent all lawful taxes and tcewsaments upon the property- to bg p 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 hereiiflrr erected on the property described herein continuously insured against toes by fire or other
<br />harards in an amount not less than thii total debt secured by this Deed of Trtst. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss payable fins, to the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected under any insurance policy may be applfed, upon any 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 defoijil or notice: of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />-1 rights of'the Trustor in insurance then. in. force shall peas to the pumhaser at the foreclosure sale.
<br />4. To d.,,e.:*in the written consent of Eereticiury before selling, crnveying or otherwise transferring the property or any part thereof and
<br />any such sale. conveyance or transfer without the Beneficiary's written consent rhall constitute a default under the terms hereof.
<br />S. To defend any actO -� ov proceeding purporting W afro -t the security hereof or the rights or powers of 13er f ri :rte or Trustro.
<br />6. Shot:b3; Ts ^tstor fa;l rrs. piy when dui any taxes, & :isessments, insurance premiums, lier.s, en- umbra: xf� c other charges against the
<br />property MreinaSove descn,�ea, flenefi6z.ry may pay the same, and the amount so paid, with frdt_,rest at the rate ect forth in the note
<br />secured hei�ry;; shall be airk to hnd lxzrrne a part of the debt secure -d in this Deed of Trust ea pwn-..;tted by itsr.
<br />IT I5 MU UAUY A.Gdit3'1 :1J; •tHAT:
<br />1. In the event ary patiml of it -re property is taken or damaged in an emfrn.+ :t rjr-= ;. - pmtveding, the cctire amount of the award
<br />or such portion theta C :m tray be necessary to fully satisfy the obligation secured hereLi, shill be paid to Beneficiary to be applied to
<br />said obiigslicn.
<br />2. By accepting payrner_t X ony sum secured hereby after its due date, Beneficiary doer lint waive its right to require prompt payment
<br />when due of all other stuns so secured or to declare default for failure to so pay -
<br />3. The Trustee opal% m onvey all or any part of the property covered by this Tweed of Trust to the person entitled thereto. on written
<br />request of the Truster s,.-A 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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