r-
<br />Amount of First Instal eat 140.w
<br />Payments t 6 t
<br />TTat:.; . 7
<br />Number of Monthly Instalments
<br />r-
<br />NEBRASKA DEED OF TRUST
<br />(WkO, Power of Sale)
<br />89--101147
<br />1
<br />. :-.
<br />Amount of Other Instalmentp 'L ' -'- 140-100
<br />- -
<br />First Instalment Due Date W pri. 89
<br />--- H-77
<br />Final instalment Cue Date 7a- c 19
<br />. _ —j3
<br />THIS DEED OF TRUST, made March
<br />between — Thomas J. . awd!'Alai—garet 3 da� of March
<br />husband and W.1110
<br />whose mailinir address is - 407 Orleans Dr. Grand Island, Ne. 68803
<br />as Trustan lamn Cunningham atty.
<br />.,222 14 Cedar Grand Islands Ne. &601
<br />whose mailing address is
<br />as Trustee, and Narwast, Fihaticiol Nebra h=WU,,n addr
<br />113 In ca whole
<br />2337 litith Webb Rd. ran te. M Ob3
<br />WTMSSETR Tradnrs hereby irrevocably'- - gritit, bargain, sell, and convoy. to Trustee in trust, with power of sale, the followimg d--
<br />scribed property in Fall; County, Ne�ska:
<br />,Lot Nineteen (49) !Uxlliba Seaeud •3dtdivision in. the City of Grand island
<br />Hall County, Nebraslm
<br />Togedifr:v-th tenements, heredilaments, and appurtenances thereunto belonging or in anywise appertaining and ifie-rents, ikq�ze-
<br />profits thvecf
<br />This convoyar.c* Cs intended for the purpose. 4-f securing the payment to Beneficiary 4 Trustors! promissory note of even date in the
<br />amount stated alicre as -Total of Payments- -Said "Total of Payments" is repayable in the number of monthly instalments stated a!mve.
<br />The amount of the instalment payments due m g-s`d loan is $ta:,A above. The first and final instalment due dates on said loan are stated
<br />above. Payment may be made in advance in aay amount at ny time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render ;he entire unpaid bala-vnor said loan at once due and payable, less any required rebate of charges.
<br />To protect the security of this Deed of Trust, Trustor covenants and agrees:
<br />1. To keep the ;i-,p� . ny in good condition and repair, to permit no waste thereof; to cc-riplete any building, structure or imprci,� -bent
<br />being built or aWl-+ b3 be built thereon; to restore promptly any building, structure or trnprovement thereon which may be darna,�ied or
<br />destroy e`: and to comply with alVaws, ordinances, regulations, covenants, conditions and rvwtxictions affecting the property.
<br />2. To per!, before delinquent all Lawful taxes and assessments upon the property; to fa;,ip the property free and clesw of all other charges,
<br />lienEorcmr,-,mbrances impairing security of this Deed of
<br />3. To keep all buildings now or heree-Ur erected on the property described herein corunuously -=sured against toss by fir-, as other
<br />hazards in an anicant not less than the vCst- diebt secured by this Deed of Trust. All policies s-w)J W- held by the Beneficiary. and be
<br />in such companies ad the Beneficiary rra.-, aj-.�ruve and have loss payable first to the Beneficiary w! its interest may appear and then
<br />to ti-e Trustor. The amount collecled under any insurance p0iry may be applied upon any indebte&nlm hereby secured in such order as
<br />0-,c, Re-ijoficiary shall determine Inich application by the Pi;-mwfkiary shall not cause dise3ntinuance of any pi-cmLi&igsto foreclose this
<br />Deed. of Trust or cure or !iZaglt or notice of default,ir invalidate any act done pursuant to such notice. 1r tkc event of foreclosure.
<br />all rights of the Trusft ,r policies; tt.'sn in force shall pass to the liumhaser at the foreclosure
<br />4. To obtain the w ri(-mn consent of Henefl(.-,ai-- before selling, conVeyl.n4r. cr otherwise transferring the property or any part thereof and
<br />any such safe, convvyisnce or transfer without the Beneficiary's written shall constitute a default under the terms hereof.
<br />5. To defend any action or procepding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Truster fail to pay whir-ri due any taxes. assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property befeinabove described, l3eneficiary may pay the same, and the a - , mount so paid, with interest at the rate set forth i� the note
<br />secured hereby, shall lx- added to and becornea part of the debt secured in fhiq-Deed of Trust as permittAd b-Y law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. fin the event any portion of tho- property is taken or damaged in an eminent domain proceed:;vA, the entire ornount of the award
<br />or such portion thereof as may bo necessary to fully satisfy the obligation secured hereby, sha:l 1*,pajd to Flez-,ificiary to be applied to
<br />sail obligation.
<br />2. By accepting payment of any sum secured hereby after its due date. Beneficiary dues not var,* its right to require prorrpu payment
<br />when due of all other sums so secured or to de-lare 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 enfitkd thereto, ra written
<br />request of the Truster and the Beneficiary. or upon satisfaction of the obligation serumi and written request for nInOnVeyancBmilde by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84 (NE)
<br />I
<br />St
<br />I
<br />
|