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<br />89 10:1750
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalment s--431 00 Amount of Other Instalments s—A31 00
<br />Total of Payments $_20668.99 First truitalment Due Date -May IQ
<br />Number Of Monthly Instalments --A8— Firial Instalment . me Data AprLL 10 I9ct3,,-
<br />Tms DEED OF TRUST, made this 5 day of Agri
<br />between Gary P. Hogs and Joanne L Hoos, husband and wife
<br />-- -- -
<br />whose mailing address is 4348 Cambridge Ro -- Grand Island Nebr
<br />as Tmators, John M. Cu - I
<br />.= plpqham,.-Atty.
<br />whose mailing address in 222 N• Cedar P . Box 2280
<br />_Grand NehngR'8. 688D2
<br />as Trp�.. and Nora%.A
<br />Lswmial Webras", Inc., whose mailing address is - 337 N. Webb . m
<br />P.O. 1373 Odz---,.
<br />.Q. 89x and Is - I agda, braska 68802
<br />'VRTNE�. Trustors hereby irrevocably, grant, haripirt, I sefl, and convey to Trustee i as Beneficiary,
<br />scribed- priail4ifty in Hall n tract, wit Pi*Fr ofsaie, the following d•
<br />Owty. Nebraska:
<br />Lot .Four (4). Bishop liii.i�4ts second Subdivision, r .'
<br />Hall CoUilty,'h aska.
<br />Together With !"entents. hereditarrieu'044M I d appurtenances theretinto belonging or. in anyi`
<br />pr0fitOthPM4V.,-'-: %#R,i�;Ppertaining and the jvnts, issues and
<br />This c0nreyance is intended for the purpose of securing the payment to 8enefitinr
<br />y of Tlllfft6rr' 111`10MIUMY note of even date in the
<br />amount stated abOve as "Total of Payments". Said "Total of Payments" is repaylAbie in the numl*r- a mo&jlly instalments stated above,
<br />Toe amount Of the instalment Payments due on said loan is stated above. 'no tint and flaol,instaiment due 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 Boneficiarys option
<br />and without notice or demand, render the entire unpaid balance of said loan at Onm due and ppyable, less any required rehat,&- of charges.
<br />To protect the security of this Deed of Trust, Trustor covenants and agrees-
<br />1. To keep the property in good condition and repair; to permit no waVIO tilmloh-to-complete any building, structure or improvermimt
<br />being built or about to be built thereon; to restore promptly any building_ Ewj(*,ult,- or improvement thereon which may be 4,�Lag-_j -C.'r
<br />destroyed; and to comply with all laws, ordinances, regulations, tairPre.rits, condilican).zinil rearittionif affecting the property.
<br />2. To Pay bediiro delinquent all lawful ttixt',%. and as3essmentv ulion the property. to-jaiep-thc property free and clear of all -:rkisr charges,
<br />liens or enctirriblo-races impairing the w tirhY 'if this Deed of Trust
<br />. 3. To keep 'all buildings now or h("iniffim erected on the property described hivoin continuously insured against loss by fire or other
<br />harards in an amount not less than fill. Wtal debt h--tnovil by this Deed of 71-usti Aff policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary approve aivJ have loss payable fiff-Vto-the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected tinijar any insurance Policy may be applied upon any itidditednegs hereby secured in such order as
<br />the Beneficiary shall determine. Suds 'application by the Beneficiary shall not cause discontiuuaw e of any proceedings to foreclose this
<br />Deed of Trust or cure or waive any default �r notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. To obtain the written cr.reent of Beneficiary before selling, conveying or otherwise transferring the projxuty Or any Part thereof and
<br />any such sale, conveyance or imnsfer without the Beneficiary's written consent shall constitute a default unity t)-.e terms hereof.
<br />5. To defend any action or proceeding purporting to affect the securi 1y' hereof or the rights or powcw-rq of Be.jYj je_;a or T e t .
<br />6. Should Tru--tor fail to pay when due insy taxes, assessments, ry ru 4Lt
<br />nts iwir-aitce premiums, liens, encumbrances f3r other charges against the
<br />property hereinabove described, Benefiewl- may pay the same, and the aawxant paid, with interest at the rate set forth in the note
<br />secured hereby, shalt be added to and become a part of the debt secured in this FR"hi of Trust as permitted by law
<br />IT IS MUTUALLY AGREED ; THAT:
<br />1. In the event any portion of the Pm1wrty is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be neceEgM to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2. BY accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failum to f;o pay.
<br />3. The Trustee shall mconvey all or any part of the P-ropt•ty 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 GM (NE)
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