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TRuff Di E0.
<br />89-'101906
<br />THIS DEED OF TRUST, made and entered into this 13th _ _ day of April , lg L9
<br />by and betweenGary L. HaWlev and Brenda J. Hawley Trustor, and Insured Titles Inc . Trustee.
<br />Husband and Wife
<br />and security Pacifie Financial Services of r9iMnJJqgar3;
<br />WITNESSETH: That the Trustor does by these presents grant. bargiiin,arisl :wilt convey and confirm with Plower of Sale unto the
<br />`l;iustee the following described Real Estate including all buildings, impmvemetim and fixtures of every kind now or hereafter erected or
<br />placed on the real estate. situated in Hall County, in the State of Nebraska:
<br />Lot 4, in Block 5,, Dale Roush Seccad 'Subdivisions' Hall. County,, Nebraska..
<br />and possession of said premises. i �s crow delivered unto said. Trustee: ;
<br />TO HAVE AND TO HOLD the same, with. allirights. privileges, and appurtelances thereto ltdanging unto the Trc;sr ;Fri executors.
<br />administrators. heirs, and assigns forever. And iffi Tr4n& .Hereby expressly waives. releases, an3 re.1inquishes untq4m T' -:stee all right,
<br />title, claim. interest, benefit. and estate whatever, ini"d.ta #tae above- described pren3ses and each and every psis` woof, which is given
<br />by or results from all laws of the State of Nebraska per inrn fK u: a exemetior, :'t," hi- mi- iestead. And the Trustor o a_--mr +s with the Trustee
<br />that he will forever wammt and defend the title to the same against the ti9' ;4M cv erns of all persons whomsoever.
<br />IN TRUST HOWEVER, ro the, fallowing described purposes: To secure full and prompt performance of,all the ter ma and condz -.
<br />tions of that
<br />❑ Revolving Cryan Agreement of even date herewith (including particularly, but not eie.usively, payment of all sums
<br />_ which are or ma!-.t, become payable form time u) time thereunder) and any extensions, renew" modifications or refinancings thereof,
<br />which Revolving Loan Agreement, obligtitzs Beneficiary, subject to the conditions stated therein, to alvance to Trustor up to
<br />S - , plus finance and other charges. (or)
<br />© Ni ie of even date herewith. in, the principal sum of U.S. $ 11682.26 payable in monthly installments of principal
<br />and interest. st'idt the balance of the indebtedness, if not sooner paid, due and payable on 4/18/ , 1994 •
<br />It iti agreed by and betwaenl piwics hereto that until filing of Nzi ,,e of Dtiftult, the Trustor shall: (1) pay all present and futuse
<br />taxes and'assessmerim: Pnemband•speciah agalw..4d property before rite same becomes delinquent or actionable; (2) keep all improve-
<br />ments erected on thir land insured'as maybe rs:tlutred from time to time by beneficiary against i!ns, by fire and other haxzrds. casualties
<br />and contingencies, in such amounts and for such periods as are reasonable and may be required by beneficiary, and to keep all policies
<br />of such insurance in force or, affect upon the property herein described constantly assigned and delivered to beneficiary; (3) pay and
<br />comply with all the terms andicmiditions of any lien, claim or indebtedness that may be senior to or take precedence over this Trust
<br />Deed as soon as any such payment on or of such lien, claim or indebtedness shall become due; and upon failure of Tractor to keep
<br />any said agreements. h4neficiary may pay such tax, pay for such insurance or pay off such liens or claims or indebtedness as the case
<br />may be, and the vey so expended. with interest at 9% per annum, shall be secured by this Trust Deed. and the Trustoi e,3re
<br />r'U es to repay
<br />the same upon dvnind. and upon failure to do so the balance of the attached note shall become immediately due and payable at, the
<br />option of ibe bjv.- a01,wry: (4) specifically confer upon the Trustee the power of sale as provided in Nebraska law. (5) retain possession
<br />of the premises any;' :.t.lect the rents and revenuers therefrom.
<br />Upon payment of all the sums secured by this Trust plural, the Beneficiary Jmll request the Trustee to re-convey the property and
<br />shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the Trustor. Trustee Shall recunvey
<br />the property :without :tiarranly to the person or persons legally entitled. thereto: bra if default be made in the payment. of -said note or
<br />any part thereof or any of the interest thereon when due or in the faithful performance of any or either of said agreetnent4..is aforesaid,
<br />then the whole of said note shall become due and be paid as hereinafter provided. and this deed shall remain in force: the Trustee or
<br />his attorney may proceed it) sell the property in its entirety or in parcels at the option of the Trustee hereinbefore described at public
<br />auction, to the highest bidder, for cash. However, the power of sale herein conferred upon the Trustee shall not he exercised until (I )
<br />the Trustee shall first file for record, in the office of the register of deeds of each county wherein the trust property or some part or
<br />parcel thereof is situated. a notice of default, identifying the Trustee by stating the names of the Trustor and names therein and giving
<br />the WtA and page where the same is recorded. a description of the trust property. ;end containing a statement that a breach of an obligation
<br />for which the trust property was conveyed as security has occurred. and setting forth the nature of such breach and of his election to
<br />sell or cause to be sold such property to salisfy the obligation: and t 2) after the lapse of not less than one month. the "trustee shall give
<br />notice cif sale as provided by Nebraska law. After notice of default and lapse of net less than one niontil -the Irustee shall give written
<br />L noti-:e of the little and place 411' sale particularly describing the property to he sold by publication of such notice. at least five times.
<br />once a week for five consecutive weeks- the last publication to he at (cast 10 dais but nut nnlre than 30 days, prior to the sale, iii slime
<br />newspaper having a general circulation lit each ownty lit which the ptopeljt it,, he sold. or mime part thereof: is situated. 1'ron such
<br />"!C. lire Irw ler tit ;ill execute and delm r a deed of couvcyance tit the prvperiy rued to the purchaser or purchascis iberinn' and atiy
<br />siatenicut or reot.tl of f,ti:t in such decd ut relalion It, the exercise of the power (If ole anti ,,Ile 111, the Ilt�-perh descnhed !hclelf1.111t'Itlding
<br />ieclt.il•, ot- wern,li!; arv. lu.liliittt• pciat +nil flCliLCrt and puhht:AM11 nt the notice (it detatilt, ant nralnit, .end the publi arit•ll .tilts pt+;nitp
<br />I•t iti•tite tl ._Ile _Intl rite lttndiict. tit :.ire: dtilfit :•_i► frCttdl %hall coll"Iltute I:rllria tat'tt: eri.iet }t °r t•4 ;ut_t: t.etn :flb:it :ce:ierl eitt:tr[u•.tte eti,'eilt•_•
<br />tt ;Ytia'' iti 1AJti •11 h• -nd fitly ptlrchatiChJ11d CIMnthlalwer %lilt idlile.lild %1111(mi n.Hat• II;e Iru,liesdecd %hall -tivrale l , t1 me%
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