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Amount of First Instalment S 691 -00
<br />Total of Payments $ g9,504.00
<br />Number of Monthly Instalments
<br />4 4
<br />nst
<br />RE- RECORDED
<br />NEBRASKA DEED OF TRUST gg.,.► 102106
<br />(With Power of Sale)
<br />Amount of other Instalments 691 i� _-- ---,Q0
<br />First Instalment Due Date 1 19 89,
<br />Final Instalment Due Date —i*L- Q o
<br />THIS DEED of TRUST, made this _ I day of December '19-0—
<br />between iv0 ✓� Z Tre L GC u r✓l? �! �E
<br />whose mailing address is 12 15 Viking Rd Grand IS and, Gr r-
<br />Ne. 68801
<br />as motors, _ jnhn t'unni_ngham attnrne�222 N Cedar and Island
<br />whose mailing address is 222 N Cedar Grand Island- Ne 68801
<br />as Trustee, and Norwest Financial Nebraska, inc., whose mailing address ir
<br />2337 North Webb pd Grand IsI_and-
<br />Nphraska 68801 as Beneficiary,
<br />141TNES.SE71.1, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trusteee in trust, with power of sale, the following de-
<br />County, Nebraska:
<br />scribed Properly in
<br />Lot Forty -two (42), Leheights Fourth (4), subdivision to the City of
<br />Grand Island, Hail County, Nebraska
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />profits thereof. .
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustora promissory note of even date in the
<br />amount stated above as "Total of Payments ". Said 'Total of Payments" is repa,-able 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, Trustor covenants and agrees:
<br />1. To keap the property in good condition and repair; to permit no waste thereok to complete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed: and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trustor. Thp amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />Deed of Trust or cure or waive any default or 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 th e purchaser at the foreclosure sale.
<br />4. To obtain the written nsent of Beneficiary before selling, conveying or otherwise, transferring the property or any part thereof and
<br />n,
<br />any such sale, conveyance or transfer without the Beneficiary a written consent shall constitute a default under the terms hereof.
<br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amount so paid, with interest at the rate set forth in the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid p) Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after it4 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 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 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 G84 (NE)
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