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<br />$9 -1 ®2162
<br />BENEFICIARY
<br />AVCO FINANCIAL SERVICES
<br />DEED OF TRUST 1a'JTERNATIONAL, INC.
<br />GRANTOR(S)
<br />CALVAN JOUN
<br />20fi NO ^,TI! DARR
<br />905002116
<br />R.
<br />r,RA ?JD ISLAND NE
<br />(Address)
<br />1425 9. 11MR ROAD
<br />66$01 GRAND ISLA?TD NEBRASKA
<br />THIS DEED 0E: TRUST, Slade this 21lttl_ day of A°^TL. —.1920 between Anf`n F r`.,1yan (A Single per -Son)
<br />hereinafter called TRUSTOR, whose address is 204 NORTIi 111 [ a GRAIID�$- �T•�iD- tIL Ficg tOi and CT AV 14_ TznC (;
<br />hereinafter called TRUSTEI', whose address is 106S 11 1 ' S CT_,, S11TE� F ] fNl,_ 0X , 177' 6.3 154
<br />and AVCO FINANCIAL SERVICES INTERNATIONAL, INC -, a Nebraska corporation, hereinafter called BENEFICIARY, whose address is
<br />1425 Nor �'F A �Q�F�P,A:� 12L,AM. .. ?;R 68,303
<br />WITNESSETII: That Trustor GRANTS, CONVEYS, SELLS AND WARRANTS TO TRUSTEi', IN TRUST, WTTFI POKER Or SALE, the following described
<br />property, situated in :TALL County, Nebraska:
<br />Lot Two (2), in Bloch Thirty -One (31), in Packer and ;1rr's Second Addition to the City
<br />of Grand island, Hall County, Nebraska
<br />also known 31 203 ;Borth Darr, Crand Island, NF 68901
<br />(Number and Street)
<br />together with all buildings and improvements now or hereafter crested thereon and all scrcens, awnings, shades storto cash and blinds, and heating, lighting,
<br />plumbing, erg, electric, \entilafing, refrigerating and 2ir- conditi• +nin7 equipment used in connection therewith, alt of which, for the purpose of drys Deed of
<br />Trust, shall « deemed fixtures and subject to lire lien hereof, and lite hered'saments and appurtenanm pertaining to. the property above described, and all
<br />strectt, lanes, allcvt, p3%%jges• ways, watCM water courses, rights, liberties and privileges, =hatsoever thereunto belongng or in anywise appertaining and the
<br />rcversions and remainders, 311 of which is referred to hereinafter as the -premises".
<br />10 H A%T. AND f0 doll) the above- described premises, with the appurtenances and fixtures, unto the said Beneficiary, its succeswrs and assigns, forever. for
<br />the purposes and uses herein set forth, free tYO:n all rights and benefits under and by virtue of any Homestead Exemption Laws of the State of Nebraska
<br />which nay be enacted„\vhich said rights and benefits the said Trustor does hctehy expressly release and waives.
<br />Truslor also assigns to Utln4clary all tents, issuci and ptorin of vid premiscs, granting lire right to collect and use the ume, with or without taking possession Of
<br />the preniiscs, during continuance of default hereunder, and during continuer ;ce of such default authotiting Beneficiary to enter upon vid premises and jor to collect
<br />and enforce the von _ tsitnout regard to adequacy of an) security for the indebtedness hereby secured by any la:Yful means including appointment of a reccivcr in
<br />the name of am party hereto, and to apply the same less costs and expenses of operation and collection, including reasonable arsorney's fees, upon any indcbted-
<br />ncss secured hereby, in such order as Beneficiar,• may determine.
<br />i OR TILE PURPOSE OI SECURING (I) Performance of each rpreement of Trustor contained herein; (2) Payment of the principal sum with interest, as
<br />pro0dicd in accordance with the tams and provisions of a Promiwjry Note / Loan Agreement (hereinafter referred to as "promissory note ") dated
<br />Api.1.1 24, 1959 herewith e\xuted by Trustor and payable to the order of Beneficiary. in the Principal sum of
<br />S 15.150.04 and harm(; the date of its final paynlcnt due on 4/24199 . or as e\tendcd,
<br />deferred or rescheduled b) renewal of refinance: 13) Payment of env additional adsances, with interest thereon as may hereafter be loaned b) Beneficiary
<br />to Truslor in a ma\unum stun of S 15, 150.04 within if !•ears from the date of thn Dccd of Tryst however,
<br />this patarraph dtxs not constitute a cononiunent D> Benrticury to make future advnces; t4) The pa)rren• of any money that may be ad+anced by the
<br />Bcncficiary to Trustor for any feavon or h• thud panc� <, wnh tnterc;t thereon, aligns the amounts arc advanced to protect the security in 3ccardin c with the
<br />cosenants of this Diced of Trust: (5) Anv renewal, refmarxing of e\ten :on of said promissory note, of any other Agreenur,r to pay which !nay be substituted
<br />therefor.
<br />All payments made b) lrtntor on the obligation secured by this DsYr' of Trust shall Et arplkd in the tollowing order:
<br />FIRST: To the payment of ta\es and asussmcnts that may ti Irvicd and asscsscd against said premises, insurance premiums, ret•airs, and all other clurgcs
<br />and e\penw\ agreed to be paid by the Ennlor.
<br />SECOND: To the pa)menl of interest due on said loan.
<br />Tf11Rli: lO the payment of principal.
<br />TO PROUA -f 111E S!-.CURIIY HEREOI, TRUSTOR(S) COVENANTS AND AGREES: (1) th keep said premises insured against crass by fire and other
<br />to Zard \, easualt\ and contingencies up to the full value of ali iiopruveurents for :he protection (d Isencfrctary in such, manner. m wch amounts, and to such
<br />companies as Beneficiary may from little to time appone, and that loss p:octe& (less cxpcnse of collection) shall, at Beneficiary's oprionr be applied on said
<br />indebtedness, whether due or not or to the restoration of said improvements_ In event of loos Truslor will give immctliate notice by mail to the Bencfictary,
<br />\ %ho nla \' ❑lake proof of loss if n, +t made pronlptl\ by Trustor, and each insurance comr3in concerned is hereby authorized and directed to make payment for
<br />such loss directly to the Beneficiary instead of ro the Trudar. (2l To pay all to \C' and spec-.al avwssments of env kind that have been or .-.:a) tm• Irvicd or
<br />assessed upon said prenitwt, and to defivcr) to Benefician, upon rcgtcst of the Beneficiary, lire official receipt showing payment of all such ta\es and
<br />assessments. (3) In the event of default by Trustor under Paragraphs I or 2 above, Ilencrictan, at its optrur„ may (a) place and'ke -p such insurance above
<br />provided for in force throu;;huu: the life of this L\eed of Trust and pa) file reaonable pren+inms and charges therefor; Ibi pay all said fa\ca and asw%%incnfs
<br />Without determining the validity thereon and (c) Pay such liens and all such dishurwincrits shall be deemed a part of file indebtedness secured by this Decd of
<br />Trust and \hall be inunediatelr due and payable by lructor to Beneficiary. (4) To keep the buildings and other improvements now ctisrtng nr hereafter
<br />erected in good condition ant' repair, not in coulmit (•: suffer any uaste or any use of said prcnri\es contrary to restrictions of record or contrary to law, and
<br />to permit Beneficiary to cat r at all : rasonable holes for riV2 purpose of inspecting the prennies: rot to remove or demolish any building thereon; to restore
<br />promptly and in a good and workmanlike manner any buddines which may be dania.ed or destroyed th•:reon. and to pay. whin f.ue, all claims for labor performed
<br />and materials furnished the efs.r, (5) Tlrat, if a signei of the Promiswr) Note, he will pay, prorl-, ;Iy f!,e ir.iebtedness secured hereby. and perfuirn all other oblica-
<br />lions in full compliance v .sh the terms of said Promissory Note and this Deed of Trust. (6D That the rim:- of paym -nt of the ind,.btednrss hereby secured, or of any
<br />portion there,,[, may be \tendcd or renewed, and any portions of the premises herein described nr,,y, without notice, be released from the lien hereof, without
<br />releasing or affecting the personal liability of any person or the priority of this Deed of -food: ;;) Tnal Inc does hereby forever warrant gad will forever defend the
<br />title and possession thereof against the lawful clairns of :my and 311 persons whatsoever.
<br />IT IS MUTUALLY AGREED TliAT:
<br />(1) Should Trustor fail to make any pa)'ment or do ry act as herein provided- or if an) action or proceeding is commenced which nta :small) affects
<br />Beneficianv•s interest in the Premises, then Beneficiary or Trustcc, but without oblieation to do so. and without notice to or demand upon Trustor, and
<br />without releasing l rustor from any vblig•.rtion hereunder, nlay make or do the samr. and nay p,), purchase, contest or compromise
<br />any encu:r.b:art.'e, c}ur)•r
<br />or lien, which in the judgment of either appears to affect vid property: and in exerci%in, any wch pouers, incur an) liability and expend uluteser amounts in
<br />the absolute discretion of Benettciar) or Trustee either may deem necessary therefor. All sums so incurred or expcnd•d b)' Be.uticiar) or Trustcc shall fie
<br />without dernand immediately due and payable by Trustor, shall bear interest at the highest rate pstmirted by law, and shall he secured hereby.
<br />(2) Should the Premises or anv part thereof be to ::en by reason of any condemnation proc:.•ttng. Beneficiary shall be entitled :o all compensatio!�n,_awards
<br />and other payments therefor, and to apply the same on the indebtedness secured hereby.
<br />(3) B) accepting pasnlen! of ant' sum heteby secured after its due dare. or after the tiling of wince of default and o; election to \scll, Reneficiat) shall not
<br />waive its light to require prompt payment •. hen due of all (other sums so secured, or to declare drl :ult for failure to so pay, or to pro;`ecet with the crle under
<br />any such notice of default and of election to sell, for ❑ny unpaid balance of said indebtedness. If lienefisi:ry hobs any additional wcurt); for any obligation
<br />secured fae:ebv, it ma) enforce the sale thereof +t its option, eitix•r before, eontempe.nncously with, or after the sale is made hereunder.
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<br />26.0474 (REV. 1.26) NE- GENERAL USURY LAW ORIGINAL ,
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