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j" NEBRASKA DEED OF TRUST 89-
<br />! (With Power of Sale)
<br />Amount of First frrtalment ft L�7 00 Amount of Other Ittatalments s 297.00
<br />Total of Payments s 53460.00 First Instalment Due Date May 4 , 14-9-
<br />Number of Monthly Instalment. Final Instalment Due Date April 4 ,�(304
<br />TIM DEED bF TRUST, made this 28 day of March 19 84
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<br />between __ .lames R. Wilcon and Aanes K Wilson husband and wife
<br />whose mailing address is 319 Fast._ 10th Grand Island-Nebraska 68801 �
<br />as Truators, John M. CunninahaIA.. Atty.
<br />whose mailing addrm is _222 N Cedar P Q Box 2280 Grand Island, Nebraska. 66M12 -f
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 N. Webb Road
<br />P-0. Box 1373 Grand Is•laad, Nebraska 68802 ,AtrBeneficiary.
<br />cRTPNESSETH, Trustors hereby irrevocably, grant, bargain, sell, z-e.' convey to Trustee in trust, with powe' 'bf asltt, flirt following de-
<br />sia7 property in _ a 1 Caurt(tt, Nebraska:
<br />Fractional Lot Two (2) in Fractional Block One Hundred Forty Two (142) in U11,i0 1%Pal�ific
<br />RaL °1>y; y: Cianpany's Second Addition and it's complement; Fractional Lot Two (2), OT, Block
<br />Twe1 a ;. +,r 1:, in Ptv sel Wheeler's Addition to the City of Grand Island. Nall County,
<br />Nebraska,'
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<br />ZsojiKther with tenements, hereditaments. and appurter,"ms.. thereur.ta 6 , :5ging or in anywise appertaining and tlta rantu, issues and
<br />pi DE-3ai thereof.
<br />This conveywtaae•(:s intended for the purpose of securing the paymee;. W: Beneficiary of Trustor; promissory nova of eNamdate in the
<br />amount stated a`bnce as "Total of Payments'. Said "Total of Payments" is repayable in the number of monthly inidaDnonts stated above.
<br />The amount of the instalmer_.- payments due on said loan is Mated above. The first and final instalment due dates on said Irian are stated .
<br />above. Payment may be mad- in advance in any amount a -emy time. Default in melk-irig any payment shall, at tlta Unnfluittry's option
<br />arM xtithout rotire or demand, render the entire unpaid bala^•ra.- of said loan at once due and payable, less any required rehato of charges.
<br />To protect tha Pauurity of this Deed of Trust, Trusmr covenants and agrees:
<br />I- To keep the property in good condition and repair; to permit no waste thereof; to complete any building, stx iclaam on improvement
<br />beiriz built or about to be built thereon; to restore promptly any building, structure or improvement thereon which mail, hi, damaged or
<br />ein7=yod; and to comply with all laws. ordinances, regulatia- , covenants, conditions and restrictions affecting the property. -
<br />Z Tee day before delinquent all lawful taxes and assessme -ta upon the property; to keep the property free and clt'4 of alliuf ner charges.
<br />°kqw r encumbrances impairing the security of this feed of Trust.
<br />3. To keep fdfi, buildings now or hereafter erected on the property drrm"lled herein continuously insured against INea [M- fim-_ rr other
<br />hazards in &,.2vmT ;Ynt not less than the total debt secured by this heel J Trust. All policim shall be hold by-i1v llenef cia:j, and be
<br />in .Duch cwttt*ru'ysa as the Bei;/41ciary may approve and have loss payable first to the Beneficiary as itat intemst, mr.!r #pear and then
<br />cp 6,r Trustar, i7he, amount adNcted under any insurance policy may be applied uWmi my indehtednesy hereby se-vrod- in. such, order as
<br />t"ra WerieTiciam- dr.. ,l determine. Such application by the Beneficiary shall not cauw, di."ntmuanca of any proeeedingevio. foreclose this
<br />I }a-r;t :of Trust ;tr, +air a or waive any default or r•nice of default or invalidate any act done pursuant to such native. In the evtett, of fareclosure,
<br />X'Hghts of iNf- iYrnistor in insurance policies t1ien in force shall pass to the purchaser at the foreclosum salo.
<br />1. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or ail p art thereof and
<br />wy tsaeh sale, conveyance or transfer without the Heneficitry s written consent shall conatitute a default undor the tar m o humor.
<br />1 ' "o defend any action or proceeding purporting to affert. tore :wcurity hereof or the tt t,httr or powers of flenofichuy or Tnttntee.
<br />6. Should Trustor fail to pay when due any taxes, a es�r r :acts, insumniv premiums, liens, encumhrant•Na or other, Oinvaes against the
<br />property herein.., ave described. Beneficiary may pay the saTS :e, and thf; arrant so paid, with interemi at the nits+ fid forth in th,? note
<br />secured here! y,, ofall be added to and become a part of the del, secured -'a !Wt. ljr.i of Trust as per.•nitted by haw.
<br />IT iS MUM Af.1.Y AGREEIl THAT:
<br />1. It, t;he, eernw any porimn of the property is taken cc dctsnaged in an eminent i Amain proceeding, file entitio ailiount of the award
<br />or' etrciA ;t;tttcx7 lhxsreof as may be necessary to fully satisfy the obligation secured htypbj, shill hit paid tit fieneficiary to he upplied to
<br />2. l;y accepting payment of any sum secured hereby after its due date. Beneficiary does not waive 1lb right tar re:i+rint, prompt payment
<br />whect.-&. -e of all other sumo so secured or to declare default for failure to so pay
<br />:1. .'nip Trustee shall reconvey all or any part of the propeny covered by this Deed of Trut1t to tile poison entitled thereto, on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secutel and wHten request for reconveyance made by
<br />the Beneficiary or the person entitled thereto
<br />991 C-54 fl1Er
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