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<br />NEBRASKA DEED OF TRUST
<br />With Power of Sale)
<br />Amount of F'ust instalment t_ 185.00 Amount of Other Instalments 185.00
<br />Total of payments $ 11100.80 First Instalment Due Date pri 1 .2 1989
<br />Number of Monthtj"instalmenta 60 Final Instalment Due Date March 2 1994
<br />THIS DEED 01P' RUST, made this day .of : March Zg 89
<br />and wife
<br />bew,� ftfii 't A.- Ellsworth and, 'Kar+� ruw Ellsworth, husband
<br />whom, -ire ling address is 62G MacArthur, Grand Island NE 68801 ,
<br />.. ,,; ;,�. .john M C -u-lnin9ham, Attu '
<br />whaeE..is.�iii�g,se3r s 222 N. Cedar Grand Island NE 68601 ,
<br />as *119--e, eta8T'Uwest Financial Nebraska, Inn whose mailing address is 2337 N. Webb Rd.
<br />P.G. Box 1373 brand Island, N£ 68802 , as Boxificiary,
<br />WIT74i SSETH, Trustors l:�bg irrevocably, grant, bargain, sell, and convey to Trmbee in trust, with power of sale, the following de-
<br />scrib�d property in Hal l County; Nebraska;
<br />Lot Twenty-S&4-11 (27), Regency•By the Green Subdivison Grand Island., Hall
<br />County, Nebrii:ska
<br />Together with xeaemerta, hr�:itaments, and appurtenances thereunto belonging ar it ors, arse appertaining a:, the rents, issues and
<br />pr_iits thereof.
<br />This conveyance is inter td 4 ,r tkp put-,"se of securing the payment to Beneficiary of Trustors' promissory note of even dalwAti the
<br />anw-ari stated above as '°Total' d- ai�ments Said 'Total of Payments" is repayable in the number of monthly ingtahnenta suted,above.
<br />Mi amount of the instalment'rayments due on said loan is stated above. The first and final instalment due dates on saicl liars► ate stated
<br />ibinii. Payment may be made in advance in any amount at any time. Default in nl¢ng any payment shall, at the Berwficia3. s option
<br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rebate of 0ayges.
<br />To protect the security of this Deed of Trust, Truster covenants and agrees:
<br />1. To keep the property ir, gi-A condition and repair, to permit no waste thereof; to complete any building, structure or. L-Mi ovement
<br />being built or about to be built thereon; to restore promptly any building, structum or improvement thereon which map be damaged or
<br />destroyed; and to comply with,111 laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. .
<br />2. To pay before delinquen? 1itl3 lawful taxes and assessments upon the property; to.1=i-wp the property free and clear of all other charges,
<br />liens or encumbrances impairing the secant }. of this Deed of Trust.
<br />3. To keep all buildings rn* . or. hereaG.iar erected on the property described herein continuctely insured againat ices by fire or other
<br />hrimrds in an amo=t not 5.4u.rlian the total debt secured by this need of Trust. All .policies shall be held b_v the Ber.)tFiriary, and be
<br />in itch compamee ea the R�mnGciary may approve and have loss payable first to the Beneficiary as its interest inay a.;opear and then
<br />to the Truster. T1 arrouisl'. ialected under any insurance policy may be applied up5n• any indebtedness hereby semted in-such order as
<br />the Beneficiary O> K &termine. Such application -by the Beneficiary shall not cause discontinuance of any proceedings ta;foreclose this
<br />Deed of Trim or cuiwar waive any default or notice of default or invalidate any act done pursuant to such notice. In the, ever.Tof foreclosure,
<br />all rights of the Tiu_ -w r 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 BeneTiciary's written consent shall constitute a default under the terms Ivtreof.
<br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Tivitee.
<br />6. Should Truntor fail to pay when due-wip taxes, as3esc• aerie, insurance premiums, liens, encumbrances or other cherp -s against the
<br />property hereituibove described, Beneficiary navy pay thr same, atvi the amount so paid, with interest at the rate set,forth in the note
<br />secured hereby,,ehall be added to and become a psi ; of t Le ,ic ht iec roA in this Deed of Trust as permitted by taw.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken ,;r damaged in an eminent domain proceeding, the entire ar_ tmt of the award
<br />or such portion thereof as may be necessary to fully satisfy the obligution secured hereby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured heyeby after its due date. Beneficiary does not waive its right to ttgxMv prompt payment
<br />when due of all other sums ra mcured 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 tb rreto, on written
<br />request of the Trustor and the Benefidars, or upon satisfaction of the obligation secured and written request for recorv+eyanee made by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84 (NE 1
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<br />9-1
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