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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalments 9.00 Amount of Other Instalments s-379 - 00
<br />Total of Payments fl 18192 . d 0 First Instalment Due, &X-2— is 89
<br />Number of 6lonUly [nstalmente 4�. F;-ssj Lutalment Due.il ADC I Z 17 , tq g3i
<br />THIS DEED Qb'. TRUST, made this t_ 2,; day of A ri I 19 89
<br />between m : `:ls�i . d and it
<br />"Im n a d Karld K. Zimbelm `s
<br />whose mailing address is h RL09_3rand Island,
<br />e: 'Is8801 '
<br />as Tnrstors, John Cilnilingha*t any. — '
<br />hosA mailin- address is 222 N Cedar G� f)ij TGI t^�ci Ne E 801
<br />as Trustee, e N; Tn;i. ai F,. aacial 7ebraska. Inc., whase'mailing 4-3a is X337 NOt tT'f Webb
<br />land. NP__ 68Su'1 << as Beneficiary
<br />VCITNEI3S 'i`lI, Trustons fiwnby irrevocably, grant, bar;Pin. sell, and .�nvev. . .
<br />ih� ee in trust, with posve#;4f.sale, the following de. DrnitertY in Hal I County, Nebraska:
<br />Northerly One -Half (V� of Lot Ten (10), in Block Eighty -Five
<br />(85), Wheeler and Be :ett's Faurth Addition to the. City of
<br />Grand Island, Fail County, Nebraska
<br />Together with tenements :mWitament3, and appurtenances thermzntn belonging or in anywise appertaining and the re*ts, issnes and
<br />profits thereof
<br />conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Payments". Said 'Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment 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 Beneficiary'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 charges.
<br />To protect the security of this Deed of Trust, Truster covenants and agrees:
<br />1: To keep the property in good condition and repair; to permit no waste thereof; to complete any building, a:zucture or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon wic_,ch may be damaged or
<br />deetrvNed; and to comply with all laws, ordinances, regulations, covenants, conditions, and restrictions affecting tke p,�ioperty.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and bear of all ct_%.er charges,
<br />liens or encumbrances impairing the security cfthis Deed of Trust.
<br />3. To keep all buildings now or hereafter erected an the property described herein continuously insured against loss p e:re or other
<br />hazards in an amount not less than the total debt secarr-1 by this Deed of Trust. All policies shall be hold by G! e Beneficiary, and be
<br />In such companies as the Beneficiary may approve and loss payable first to the Beneficiary as its intemEt..^gay appear and then
<br />to Lhe Truster, The amount collected under any insurer. p: ;. -cy may be applied upon any indebtedness hereby secured in sr=h order as
<br />th4 Beneficiary shall determine. Such application by the Re efrcrar c!tall not cause discontinuanez of any proceedings to "arectose this
<br />Deed of Trust or cure or waive any default or notice of default or imal -4-me any act done pursuant tc such notice. In the event of :oreclusure,
<br />all rlrhts of the Tr-ustor in insurance policies then in force shall pass to' the purchaser at the foreclosure sale.
<br />4. ra• 4btai;t• the written eanjpnt of Beneficiary before selling, conveying or otherwise transferring the propet^p or any part thereof oral
<br />ens' Fu;u!z sale, conveyance cr!mim afer without the Beneficiary's written consent shall cci;tfAute a default under tl'e trams hereof
<br />G. To defend any action or pr-weeding purporting to affect the security hereof or the righ-;a cr 1rsw.n:W :,T Beneficiary or Trustee
<br />6. Should Truster fail to pay when due .ry taxes, assessments, insurance pre!n!ans, - :.c_ir..arances or other charges z,z.:: 7 the
<br />property hereinabove described, Beneficiarp may pay the same, and the amourt so Pars, l ,.2e:2st at the rate set fort, _ cn tl n, r -.3te
<br />secured hereby, shall be added to and become a part ofthe dn.At secured in thia Decd cf. Tnut .�. perrz!tted by law.
<br />IT IS MUTUALLY AGRF.F,DTHAT:
<br />1. In the event any portion of the property is taken sr damaged in an eminent dl;main prose& - ^g, the entire amount V -,Ile award
<br />or such portion thereof as may be necemx ry.- to fully satisfy the oblip;.it: an secured hereby, shall he paid to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby aster its due E4tt, Beneficiary: vies not waive its right td re,aire prompt payment
<br />when due of all other sums so secured or to declare default .l.e !3ilure to so pay.
<br />3. The Trustee shall reconvey all or any part of the pr,crsty covered by this heed of Trust to the person enticled thereto, on written
<br />request of the Truster and the Heneficiary, or upon satisfaction of t'e• obligation secured and wrir#. -t request for reconveyance made by
<br />the Beneficiary ri'the person entitled thereto
<br />9911 X84 (Ng)
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